Lexus NX 300 Insurance Rates

The average insurance rates for a Lexus NX 300 are $1,410 a year for full coverage insurance. Comprehensive insurance costs on average $280 a year, collision costs $516, and liability costs $456. Liability-only insurance costs as little as $508 a year, with high-risk driver insurance costing $3,064 or more. Teens cost the most to insure at $5,346 a year or more.

Average premium for full coverage: $1,410

Policy rates by type of insurance:

Rate estimates include $500 policy deductibles, 30/60 liability coverage, and includes additional medical/uninsured motorist coverage. Prices are averaged for all 50 states and NX 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on insurance rates. Rural areas are shown to have a lower frequency of physical damage claims than cities with more traffic congestion.

The diagram below illustrates how geographic area affects car insurance rates.

The examples above illustrate why it is important to compare rates based on a specific location and risk profile, instead of making a decision based on averaged prices.

Use the form below to get customized rates for your location.

Additional Rate Analysis

The chart below illustrates estimated Lexus NX 300 insurance rates for different risk profiles and scenarios.

• The cheapest rate after discounts is $810
• Drivers who choose higher $1,000 deductibles will pay around $1,230 each year
• The average rate for a good driver age 40 with $500 deductibles is $1,410
• Selecting low $100 deductibles for comprehensive and collision insurance will cost an extra $354 annually
• Drivers with serious driving violations could pay upwards of $3,064 or more
• Policy cost for full coverage for a 16-year-old driver may cost $5,346 a year

View Chart as Image

Auto insurance rates for a Lexus NX 300 also range considerably based on your risk profile, the model year and trim level, and policy deductibles and limits.

Older drivers with a good driving record and high deductibles may pay as low as $1,300 per year on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will have to pay upwards of $5,300 a year. View Rates by Age

Your home state makes a big difference in Lexus NX 300 insurance prices. A 40-year-old driver could pay as low as $920 a year in states like Vermont, Wisconsin, and North Carolina, or have to pay at least $1,910 on average in Michigan, New York, and Florida.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could save up to $540 annually, while buying higher liability limits will cost you more. Switching from a 50/100 limit to a 250/500 limit will raise rates by up to $411 extra every year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are probably paying at a minimum $1,700 to $2,300 in extra premium every year, depending on your age. A high-risk auto insurance policy can cost from 43% to 134% more than the average policy. View High Risk Driver Rates

Because rates have so much variability, the only way to figure out exactly what you will pay is to get quotes from multiple companies. Every company calculates rates differently, and quoted rates will be varied from one company to the next.

How to Find the Best Lexus NX 300 Insurance

Finding cheaper rates on insurance for a Lexus NX 300 not only requires being a good driver, but also having good credit, being claim-free, and taking advantage of discounts. Invest the time to compare rates every year by quoting rates from direct insurance companies like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

The following list is a brief recap of the coverage data presented in the illustrations above.

• It is possible to save as much as $170 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles can save around $525 each year
• Drivers age 16 to 20 are charged the highest rates, possibly costing $446 each month if they have full coverage
• Drivers considered higher risk who tend to receive serious violations pay an average of $1,650 more each year than a safer driver