Lexus NX 300 Insurance Rates

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 insurance costs around $456. A liability-only policy costs as low as $508 a year, with high-risk insurance costing $3,064 or more. Teenage drivers receive the highest rates at $5,346 a year or more.

Average premium for full coverage: $1,410

Rate estimates by individual coverage type:

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

Price Range by Coverage and Risk

Price Range by Location

Where you live has a significant impact on insurance rates. Rural areas tend to have lower incidents of physical damage claims than densely populated cities.

The diagram below illustrates the effect of geographic area on car insurance rates.

These examples illustrate why it is important to compare prices based on a specific location, rather than relying on average rates.

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

Additional Rate Information

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

• The best discount rate is $810
• Using higher $1,000 deductibles will save around $1,230 each year
• The estimated price for a 40-year-old driver with $500 deductibles is $1,410
• Using low $100 deductibles for physical damage coverage will cost an additional $354 a year
• Drivers who are prone to accidents and violations could pay upwards of $3,064 or more
• The cost that insures a teen driver may cost $5,346 or more

View Chart as Image

Insurance rates for a Lexus NX 300 can also vary considerably based on the trim level of your NX 300, your age and driving record, and policy deductibles and limits.

If you like to drive fast or you caused an accident, you are probably paying at a minimum $1,700 to $2,300 extra per year, depending on your age. A high-risk auto insurance policy can be anywhere from 43% to 134% more than a normal policy. View High Risk Driver Rates

Older drivers with a clean driving record and higher comprehensive and collision deductibles could pay as little as $1,300 a year for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records can expect to pay upwards of $5,300 a year. View Rates by Age

Where you live has a huge impact on Lexus NX 300 insurance rates. A driver around age 40 might see rates 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 cut rates by as much as $540 each year, while buying higher liability limits will cost you more. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $411 more per year. View Rates by Deductible or Liability Limit

With so much variability in rates, the only way to figure out exactly what you will pay is to get quotes from as many companies as possible. Each insurance company uses a different method to calculate rates, so the rates can be significantly different.

How to Find Affordable Lexus NX 300 Insurance

Saving money on Lexus NX 300 insurance requires having a decent driving record, having above-average credit, avoid buying unnecessary coverage, and bundling your home and auto policies. Compare prices at least once a year by getting price quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The following items are a brief review of the primary concepts that were covered in the above illustrations.

• It is possible to save as much as $170 per year simply by quoting early and online
• High-risk drivers with DUI or reckless driving convictions may pay on average $1,650 more each year than a driver with a clean driving record
• Increasing deductibles can save approximately $525 each year
• 16 to 18-year-old drivers pay the highest rates, costing up to $446 per month if full coverage is included