Lexus NX 300 Insurance Rates

The average auto insurance rates for a Lexus NX 300 are $1,410 annually for full coverage insurance. Comprehensive costs approximately $280 each year, collision insurance costs $516, and liability insurance is estimated at $456. Liability-only insurance costs approximately $508 a year, and high-risk driver insurance costs around $3,064. Teen drivers cost the most to insure at up to $5,346 a year.

Average premium for full coverage: $1,410

Policy rates by type of insurance:

Prices are based on $500 physical damage insurance deductibles, 30/60 split liability limits, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all 50 states and NX 300 models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a significant impact on the price of auto insurance. Rural locations are shown to have fewer physical damage claims than larger metro areas. The graphic below illustrates the difference location can make on auto insurance prices.

The examples above illustrate why all drivers should get quotes using their specific location and their own personal driving habits, rather than relying on price averages.

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

Additional Charts and Tables

The chart below illustrates average Lexus NX 300 insurance rates for additional coverage and risk scenarios.

• The lowest rate with discounts is $810
• Choosing higher $1,000 deductibles can save $180 each year
• The estimated rate for a good driver age 40 who chooses $500 deductibles is $1,410
• Choosing low deductibles for comp and collision coverage will cost $1,764
• High-risk insureds with multiple violations and an at-fault accident could pay around $3,064
• Policy cost with full coverage for a teen driver can cost $5,346 each year

View Chart as Image

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

More mature drivers with a good driving record and high physical damage deductibles could pay as little as $1,300 annually on average, or $108 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they will have to pay in the ballpark of $5,300 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are probably paying anywhere from $1,700 to $2,300 in extra premium every year, depending on your age. Insurance for high-risk drivers ranges anywhere from 43% to 134% more than average. View High Risk Driver Rates

Choosing high deductibles can save as much as $540 each year, whereas increasing liability limits will push rates upward. Switching from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $411 extra every year. View Rates by Deductible or Liability Limit

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 $920 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,910 on average in Florida, New York, and Michigan.

View Chart as Image

How to Buy Affordable Lexus NX 300 Insurance

Finding cheaper rates on Lexus NX 300 insurance takes being a low-risk driver, having above-average credit, being claim-free, and possibly higher deductibles. Make time to compare rates at least every other year by requesting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

The items below are a brief review of the car insurance concepts touched on in this article.

• High-risk drivers with DUI or reckless driving convictions could be forced to pay on average $1,650 more per year to insure their NX 300
• It is possible to save around $170 per year just by quoting online in advance
• Increasing comprehensive and collision deductibles could save up to $525 each year
• Drivers who purchase more liability coverage will pay about $500 annually to raise limits from a 30/60 limit to higher 250/500 limits