Lexus NX 300 Insurance Rates

Average insurance rates for a Lexus NX 300 are $1,410 a year for full coverage. Comprehensive insurance costs approximately $280, collision costs $516, and liability is $456. A policy with just liability insurance costs around $508 a year, with coverage for high-risk drivers costing $3,064 or more. Teenage drivers receive the highest rates at $5,346 a year or more.

Average premium for full coverage: $1,410

Rate estimates by individual coverage type:

Full coverage includes $500 physical damage insurance deductibles, minimum liability limits, and includes uninsured motorist and medical coverage. Rates are averaged for all states and for all NX 300 models.

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city can have significant affects on car insurance rates. Rural locations tend to have a lower frequency of accident claims than densely populated cities.

The example below illustrates how location impacts auto insurance prices.

These examples show why everyone should compare rates quotes using their specific location and risk profile, instead of using average rates.

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

Additional Rate Information

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

• The best discount rate is $810
• Raising to $1,000 deductibles will save $180 a year
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,410
• Using pricier low deductibles will cost an extra $354 every year
• At-risk drivers who are prone to accidents and violations could pay around $3,064 or more
• The cost for full coverage for a teen driver for full coverage can cost $5,346

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Insurance rates for a Lexus NX 300 can also vary considerably based on your driver profile, the trim level of your NX 300, and physical damage deductibles and liability limits.

A more mature driver with no violations or accidents and high deductibles may pay as little as $1,300 every 12 months on average for full coverage. Rates are much higher for teen drivers, where even good drivers should be prepared to pay in the ballpark of $5,300 a year. View Rates by Age

Where you live also has a big influence on Lexus NX 300 insurance prices. A middle-age driver might find rates as low as $930 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $2,010 on average in New York, Louisiana, and Michigan.

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Using high physical damage deductibles can reduce rates by up to $540 every year, whereas buying more liability protection will push rates upward. Going from a 50/100 limit to a 250/500 limit will cost as much as $411 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying anywhere from $1,700 to $2,300 additional per year, depending on your age. Lexus NX 300 insurance for high-risk drivers is expensive and can cost as much as 43% to 134% more than a normal policy. View High Risk Driver Rates

With so much variability in rates, the only way to know who has the cheapest car insurance rates is to regularly compare rates and see which company has the best rate. Every auto insurance company uses a different method to calculate rates, and rates can be significantly different from one company to the next.

How to Find More Affordable Lexus NX 300 Insurance

Saving money on car insurance consists of being a low-risk driver, having a good credit history, eliminating unneeded coverage, and qualifying for all possible discounts. Spend time shopping around every couple of years by getting rate quotes from direct carriers like GEICO and Progressive, and also from local exclusive and independent agents.

The items below are a summary of the material that was touched on above.

• Policyholders who purchase more liability coverage will pay an extra $500 each year to raise from a minimum limit to 250/500 limits
• Teen drivers are the costliest to insure, costing as high as $446 per month including comprehensive and collision insurance
• Higher risk drivers who have multiple accidents or major violations may pay on average $1,650 more per year to insure their NX 300
• Increasing deductibles can save around $525 each year