Lexus NX 300 Insurance Rates

The average insurance rates for a Lexus NX 300 are $1,410 a year for full coverage. Comprehensive costs approximately $280 each year, collision costs $516, and liability coverage costs $456. Buying just liability costs as little as $508 a year, with insurance for high-risk drivers costing around $3,064. Teenage drivers 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 physical damage deductibles, 30/60 bodily injury liability limits, and includes medical and UM/UIM coverage. Prices are averaged for all states and NX 300 models.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on car insurance rates. Rural locations are shown to have a lower frequency of accident claims than densely populated cities.

The graphic below illustrates how your location can change auto insurance prices.

The examples above show why all drivers should compare rates using their specific location and risk profile, rather than using average rates.

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

More Rate Details

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

• The best discount rate is $810
• Drivers who choose higher $1,000 deductibles will pay $180 a year
• The average rate for a good driver age 40 who chooses $500 deductibles is $1,410
• Using low deductibles for comprehensive and collision insurance will increase the cost to $1,764
• High-risk insureds who are prone to accidents and violations could pay around $3,064 or more
• Policy cost for full coverage for a teenage driver can cost $5,346 a year

View Chart as Image

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

More mature drivers with a clean driving record and high deductibles may only pay around $1,300 per year on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even good drivers can expect to pay in the ballpark of $5,300 a year. View Rates by Age

Your home state makes a big difference in Lexus NX 300 insurance rates. A 40-year-old driver could pay 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.

View Chart as Image

Using high physical damage deductibles could save up to $540 a year, whereas increasing liability limits will push rates upward. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $411 more per year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying anywhere from $1,700 to $2,300 extra every year, depending on your age. Insurance for high-risk drivers can cost around 43% to 134% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the only way to know who has the cheapest car insurance rates is to do a rate comparison and see how they stack up. Every company uses a different method to calculate rates, so the rates will be varied from one company to the next.

How to Find the Best Lexus NX 300 Insurance

Finding cheaper rates on auto insurance not only requires being a safe and courteous driver, but also maintaining good credit, avoid buying unnecessary coverage, and maximizing policy discounts. Invest the time to shop around at every other renewal by getting quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

Below is a brief recap of the concepts that were illustrated above.

• Drivers who tend to receive serious violations may pay on average $1,650 more per year for auto insurance
• Teenage drivers are expensive to insure, costing up to $446 each month for full coverage
• Drivers can save around $170 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles can save around $525 each year
• Drivers can save around $170 per year simply by quoting online in advance