Lexus NX 300 Insurance Rates

The average insurance prices for a Lexus NX 300 are $1,410 every 12 months with full coverage. Comprehensive insurance costs around $280 a year, collision costs $516, and liability coverage costs around $456. Liability-only coverage costs as low as $508 a year, with high-risk coverage costing $3,064 or more. Teens cost the most to insure at $5,346 a year or more.

Average premium for full coverage: $1,410

Policy rates for type of insurance:

These estimates include $500 physical damage insurance deductibles, liability coverage up to 30/60, and includes uninsured motorist and medical coverage. Prices are averaged for all U.S. states and NX 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a large influence on insurance rates. Areas with sparse population are shown to have more infrequent collision claims than cities with more traffic congestion.

The diagram below illustrates how geographic area affects auto insurance rates.

The examples above demonstrate why it is important to compare prices for a specific zip code and their own driving history, rather than using averaged prices.

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

Additional Rate Information

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

• The cheapest rate after discounts is $810
• Using higher $1,000 deductibles will save about $1,230 annually
• The average price for a good driver age 40 using $500 deductibles is $1,410
• Selecting low $100 deductibles for physical damage coverage costs an extra $354 each year
• Higher-risk drivers with serious driving violations could pay at least $3,064 or more
• Policy cost to insure a teenage driver can be $5,346 or more

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 and model year.

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $540 a year, while buying higher liability limits will increase rates. 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 a year, or $108 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers should be prepared to pay as much as $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 least $1,700 to $2,300 additional every year, depending on your age. A high-risk auto insurance policy can be around 43% to 134% more than the average policy. View High Risk Driver Rates

Your home state has a huge impact on Lexus NX 300 insurance rates. A driver around age 40 might see rates 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 your exact price is to get quotes and see how they stack up. Each insurance company calculates rates differently, and rates will be varied.

How to Shop for Cheap Lexus NX 300 Insurance

Finding cheaper rates on auto insurance requires being a low-risk driver, having above-average credit, not filing small claims, and taking advantage of discounts. Invest the time to compare rates every time your policy renews by quoting rates from direct companies, and also from several local insurance agents.

The items below are a brief summary of the information presented in the illustrations above.

• You may be able to save up to $170 per year simply by quoting early and online
• Teen drivers are charged the highest rates, as much as $446 each month if full coverage is included
• Increasing comprehensive and collision deductibles could save as much as $525 each year
• Drivers that tend to have accidents or serious violations pay on average $1,650 more every year to insure their NX 300
• Consumers who may need more liability coverage will pay approximately $500 every year to increase from a 30/60 limit to a 250/500 level