Lexus NX 300 Insurance Rates

The average insurance rates for a Lexus NX 300 are $1,410 a year for full coverage. Comprehensive insurance costs an estimated $280, collision insurance costs $516, and liability costs $456. Liability-only coverage costs as little as $508 a year, and high-risk coverage costs $3,064 or more. 16-year-old drivers cost the most to insure at up to $5,346 a year.

Average premium for full coverage: $1,410

Policy rates broken down by type of insurance:

Prices are based on $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes both medical and UM/UIM coverage. Prices are averaged for all states and for different NX 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on insurance rates. More rural locations are shown to have lower incidents of accident claims than congested cities. The price range example below illustrates the difference between rural and urban areas on insurance prices.

The examples above show why anyone shopping for car insurance should compare rates for a targeted area, instead of making a decision based on rate averages.

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

Rate Comparisons

The chart below shows average Lexus NX 300 insurance rates for other coverage scenarios.

• The best full coverage rate is $810
• Drivers who choose higher $1,000 deductibles will pay approximately $180 a year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,410
• Buying more expensive low deductibles for comprehensive and collision insurance will cost an additional $354 annually
• Drivers with multiple tickets or accidents could pay up to $3,064
• Policy cost that insures a 16-year-old driver with full coverage can cost as much as $5,346 a year

View Chart as Image

Insurance rates for a Lexus NX 300 also range considerably based on the model year and trim level, how you drive, and liability limits and deductibles.

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

An older driver with no violations or accidents and higher comprehensive and collision deductibles may pay as low as $1,300 per year on average, or $108 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records should be prepared to pay at least $5,300 a year. View Rates by Age

Your home state makes a big difference in Lexus NX 300 insurance prices. A 40-year-old driver could pay as low as $930 a year in states like Iowa, Maine, and Idaho, or at least $2,010 on average in New York, Louisiana, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could save up to $540 annually, while increasing your policy's liability limits will increase premiums. Going 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

How to Find Affordable Lexus NX 300 Insurance

Finding cheaper rates on insurance for a Lexus NX 300 not only requires avoiding accidents and violations, but also having a good credit score, avoid buying unnecessary coverage, and possibly raising deductibles. Comparison shop at least once a year by obtaining price quotes from direct carriers, and also from your local independent and exclusive agents.

The list below is a brief review of the primary concepts that were covered above.

• Drivers can save approximately $170 per year just by shopping early and online
• Drivers considered higher risk with DUI or reckless driving convictions may pay on average $1,650 more annually for car insurance
• Increasing comprehensive and collision deductibles can save approximately $525 each year
• Teenagers are expensive to insure, costing up to $446 each month if comprehensive and collision insurance is included