Lexus NX 300 Insurance Rates

The average insurance prices for a Lexus NX 300 are $1,410 every 12 months with full coverage. Comprehensive costs on average $280 a year, collision costs $516, and liability coverage is estimated at $456. Liability-only coverage costs approximately $508 a year, with high-risk coverage costing around $3,064. 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 deductibles, 30/60 liability limits, and includes both medical and uninsured motorist insurance. Prices are averaged for all U.S. states and NX 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on auto insurance rates. Rural areas are shown to have more infrequent collision claims than cities with more traffic congestion.

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

The examples above demonstrate why it is important to get quotes based on a specific location and their own driving history, rather than using averaged prices.

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

Additional Rate Details

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

• The cheapest rate after discounts is $810
• Choosing higher $1,000 deductibles can save around $1,230 annually
• The average price for a good driver age 40 with $500 deductibles is $1,410
• Selecting low $100 deductibles for comp and collision coverage increases the price to $1,764
• Drivers with serious driving violations could pay upwards of $3,064 or more
• Policy cost to insure a teenage driver may cost $5,346 each year

View Chart as Image

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

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

Older drivers with no violations or accidents and higher deductibles may only pay around $1,300 annually on average, or $108 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers should be prepared to pay upwards of $5,300 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you may be forking out at a minimum $1,700 to $2,300 additional every year, depending on your age. A high-risk auto insurance policy ranges around 43% to 134% more than the average policy. View High Risk Driver Rates

Your home state plays a big part in determining prices for Lexus NX 300 insurance rates. A good driver about age 40 could pay as low as $1,020 a year in states like New Hampshire, Ohio, and Utah, or have to pay at least $1,910 on average in Florida, Michigan, and New York.

View Chart as Image

Because rates have so much variability, the best way to find out exactly what you will pay is to get quotes and see how they stack up. Each auto insurer calculates rates differently, and rates will be varied.

How to Shop for the Best Lexus NX 300 Insurance

Finding cheaper rates on auto insurance takes not taking risks behind the wheel, having above-average credit, not filing small claims, and insuring your home and auto with the same company. Take the time to compare rates at every policy renewal by getting rate quotes from direct companies, and also from local exclusive and independent agents.

The following is a brief recap of the data covered in the above illustrations.

• Consumers who require higher liability limits will pay approximately $500 every year to raise limits from a 30/60 limit to a 250/500 level
• You may be able to save as much as $170 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles could save as much as $525 each year
• Teens pay higher rates, as much as $446 each month if full coverage is included