Lexus NX 300 Insurance Rates

Estimated insurance prices for a Lexus NX 300 are $1,410 every 12 months for full coverage insurance. Comprehensive insurance costs around $280 each year, collision costs $516, and liability insurance is $456. A liability-only policy costs around $508 a year, with high-risk insurance costing $3,064 or more. Teenage drivers pay the most at $5,346 a year or more.

Average premium for full coverage: $1,410

Premium estimates for type of coverage:

These estimates include $500 comprehensive and collision deductibles, 30/60 liability coverage, and includes medical and UM/UIM coverage. Rates include averaging for all 50 states and NX 300 models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a significant impact on car insurance rates. Areas with sparse population are statistically proven to have more infrequent physical damage claims than densely populated cities.

The graphic below illustrates the effect of geographic area on auto insurance rates.

These rate differences illustrate why all drivers should compare rates quotes for a specific zip code and their own driving history, rather than relying on average rates.

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

More Rate Details

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

• The best discount rate is $810
• Raising to $1,000 deductibles will save about $180 each year
• The average price for a 40-year-old good driver using $500 deductibles is $1,410
• Using low deductibles costs an extra $354 a year
• Higher-risk drivers who are prone to accidents and violations could pay at least $3,064 or more
• An auto insurance policy to insure a teen driver can be $5,346

View Chart as Image

Auto insurance prices for a Lexus NX 300 also have a wide range based on physical damage deductibles and liability limits, your risk profile, and the trim level and model year.

Using high physical damage deductibles can reduce prices by up to $540 each year, whereas increasing liability limits will increase prices. Switching from a 50/100 liability limit to a 250/500 limit will cost up to $411 extra every year. View Rates by Deductible or Liability Limit

More mature drivers with a good driving record and higher deductibles could pay as little as $1,300 every 12 months on average, or $108 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers will have to pay as much as $5,300 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you are probably paying at least $1,700 to $2,300 in extra premium annually, depending on your age. Insurance for high-risk drivers is expensive and can cost anywhere from 43% to 134% more than a normal policy. View High Risk Driver Rates

Where you choose to live also has a big influence on Lexus NX 300 insurance rates. A middle-age driver might find prices 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

With such a large range in prices, the only way to figure out your exact price is to do a rate comparison from as many companies as possible. Every auto insurance company uses a different method to calculate prices, and quoted prices will be substantially different.

How to Shop for Cheap Lexus NX 300 Insurance

Finding better rates on Lexus NX 300 insurance consists of avoiding accidents and violations, having a good credit score, paying for small claims out-of-pocket, and maximizing policy discounts. Take the time to compare rates every year by getting quotes from direct insurance companies, and also from your local independent and exclusive agents.

The list below is a brief summary of the coverage data covered in the above illustrations.

• It is possible to save up to $170 per year simply by quoting online in advance
• Increasing policy deductibles could save as much as $525 each year
• Teenagers are expensive to insure, with premiums being up to $446 per month if comprehensive and collision insurance is included
• High-risk drivers that tend to have accidents or serious violations may pay on average $1,650 more every year for car insurance