Lexus NX 300 Insurance Rates

The average insurance rates for a Lexus NX 300 are $1,410 a year for full coverage insurance. Comprehensive costs an estimated $280 a year, collision insurance costs $516, and liability insurance is $456. A liability-only policy costs around $508 a year, and high-risk insurance costs around $3,064. 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:

Rate estimates include $500 policy deductibles, bodily injury liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 states and NX 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a significant impact on the price of insurance. More rural locations are shown to have lower incidents of physical damage claims than congested cities. The diagram below illustrates the difference between rural and urban areas on insurance prices.

The examples above illustrate why it is important to compare rates quotes for a targeted area, rather than relying on rate averages.

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

More Rate Information

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

• The best full coverage rate is $810
• Raising to $1,000 deductibles will save approximately $1,230 each year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,410
• Buying low $100 deductibles bumps up the cost to $1,764
• Higher-risk drivers with multiple tickets or accidents could pay up to $3,064
• Policy cost that insures a teen driver can cost as much as $5,346

View Chart as Image

Car insurance rates for a Lexus NX 300 also range considerably based on the trim level of your NX 300, your age and driving record, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you are probably paying $1,700 to $2,300 extra every year, depending on your age. A high-risk auto insurance policy is expensive and can cost anywhere from 43% to 134% more than the average rate. View High Risk Driver Rates

Older drivers with no driving violations and higher comprehensive and collision deductibles could pay as little as $1,300 every 12 months on average, or $108 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records will be charged at least $5,300 a year. View Rates by Age

Your home state also has a big influence on Lexus NX 300 insurance rates. A middle-age driver might find rates as low as $920 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,910 on average in Florida, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles can reduce rates by up to $540 each year, while buying higher liability limits will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $411 extra every 12 months. View Rates by Deductible or Liability Limit

How to Find the Best Lexus NX 300 Insurance

Finding cheaper rates on Lexus NX 300 insurance consists of avoiding accidents and claims, having a positive credit history, being claim-free, and possibly higher deductibles. Comparison shop every other policy renewal by obtaining price quotes from direct insurance companies, and also from local insurance agencies.

The points below are a brief recap of the ideas that were covered above.

• Drivers under the age of 20 have the highest car insurance rates, possibly costing $446 each month if full coverage is purchased
• High-risk drivers who tend to receive serious violations may have to pay on average $1,650 more annually to insure a Lexus NX 300
• Increasing comprehensive and collision deductibles can save approximately $525 each year
• It is possible to save approximately $170 per year just by quoting early and online