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 around $280 each year, collision insurance costs $516, and liability costs $456. Liability-only insurance costs as little as $508 a year, and high-risk driver insurance costs $3,064 or more. Teenage drivers cost the most to insure at up to $5,346 a year.

Average premium for full coverage: $1,410

Policy rates for type of insurance:

Rates are based on $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all 50 states and NX 300 models.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on car insurance rates. Areas with sparse population are shown to have a lower frequency of physical damage claims than densely populated cities. The graphic below illustrates the difference between rural and urban areas on auto insurance rates.

The examples above illustrate why all drivers should compare rates for a specific zip code and risk profile, instead of making a decision based on average rates.

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

Additional Charts and Tables

The chart below illustrates average Lexus NX 300 insurance rates for additional coverage choices and driver risks.

• The best discount rate is $810
• Drivers who choose higher $1,000 deductibles will pay about $180 each year
• The average rate for a good driver age 40 using $500 deductibles is $1,410
• Using low deductibles for comprehensive and collision insurance will cost an extra $354 annually
• Drivers who are prone to accidents and violations could pay at least $3,064
• Policy cost for full coverage for a 16-year-old driver can be $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 deductibles and policy limits.

More mature 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 as much as $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 be forced to pay as much as $1,910 on average in Michigan, New York, and Florida.

View Chart as Image

Using high physical damage deductibles could save up to $540 annually, whereas increasing liability limits will increase rates. 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 least $1,700 to $2,300 in extra premium every year, depending on your age. Insurance for high-risk drivers can cost from 43% to 134% more than a normal policy. View High Risk Driver Rates

How to Find the Best Cheap Lexus NX 300 Insurance

Finding cheaper rates on insurance for a Lexus NX 300 not only requires having a decent driving record, but also having good credit, being claim-free, and possibly raising deductibles. Set aside time to compare rates at least once a year by getting quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The following items are a quick review of the primary concepts that were covered above.

• It is possible to save up to $170 per year just by quoting online in advance
• Drivers considered higher risk with a DUI or reckless driving violation may pay on average $1,650 more every year than a driver with a clean driving record
• Increasing comprehensive and collision deductibles can save around $525 each year
• 16 to 18-year-old drivers are expensive to insure, possibly costing $446 each month if they have full coverage