Lexus NX 300 Insurance Rates

The average insurance rates for a Lexus NX 300 are $1,410 a year including full coverage. Comprehensive insurance costs approximately $280 each year, collision costs $516, and liability costs around $456. Liability-only coverage costs as low as $508 a year, with high-risk coverage costing $3,064 or more. 16-year-old drivers 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:

Prices are based on $500 policy deductibles, 30/60 liability coverage, and includes additional medical/uninsured motorist coverage. Prices are averaged for all 50 U.S. states and NX 300 models.

Price Range Variability

Urban vs. Rural Price Range

Where you live can make a big difference on car insurance prices. Rural locations are shown to have lower incidents of comprehensive and collision claims than congested cities.

The graphic below illustrates how rural and urban location affects auto insurance prices.

The examples above highlight why all drivers should compare prices using their specific location, instead of making a decision based on rate averages.

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

Additional Rate Analysis

The chart below breaks down estimated Lexus NX 300 insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $810
• Using higher $1,000 deductibles will save $180 every year
• The estimated price for a good driver age 40 who chooses $500 deductibles is $1,410
• Buying low deductibles for physical damage coverage will cost an additional $354 annually
• High-risk insureds with multiple tickets or accidents could pay around $3,064 or more
• Policy cost that insures a 16-year-old driver can cost $5,346 or more

View Chart as Image

Insurance rates for a Lexus NX 300 also range considerably based on the trim level and model year, your driving record and age, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you are likely paying anywhere from $1,700 to $2,300 additional every year, depending on your age. Insurance for high-risk drivers can be from 43% to 134% more than the average rate. View High Risk Driver Rates

More mature drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as low as $1,300 a year, or $108 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records should be prepared to pay in the ballpark of $5,300 a year. View Rates by Age

Your home state has a huge impact on Lexus NX 300 insurance prices. A driver around age 40 might see rates as low as $1,080 a year in states like Vermont, New Hampshire, and Missouri, or at least $2,010 on average in Louisiana, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could cut rates by as much as $540 annually, whereas increasing liability limits will push rates upward. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $411 more each year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to do a rate comparison from multiple companies. Each insurance company utilizes a different rate formula, and rates will be varied.

How to Find Affordable Lexus NX 300 Insurance

Finding cheaper rates on insurance for a Lexus NX 300 requires being a good driver, having a good credit score, paying for small claims out-of-pocket, and qualifying for all possible discounts. Comparison shop every year by obtaining price quotes from direct car insurance companies, and also from local auto insurance providers.

The following list is a brief review of the coverage data raised in the charts and tables above.

• You may be able to save around $170 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles can save approximately $525 each year
• Drivers age 16 to 20 are the costliest to insure, with premiums being up to $446 each month if comprehensive and collision insurance is included
• Drivers considered higher risk with DUI or reckless driving convictions will likely pay on average $1,650 more per year than a safer driver