Lexus NX 300 Insurance Rates

Estimated insurance rates for a Lexus NX 300 are $1,410 a year for full coverage insurance. Comprehensive costs an estimated $280, collision costs $516, and liability coverage costs around $456. A liability-only policy costs as low as $508 a year, with high-risk insurance costing around $3,064. Teens pay the most at $5,346 a year or more.

Average premium for full coverage: $1,410

Premium estimates broken down by type of coverage:

Price estimates include $500 physical damage deductibles, 30/60 split liability limits, and includes medical and uninsured motorist coverage. Rates include averaging for all 50 states and for different NX 300 trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a large influence on the price of insurance. More rural locations are statistically proven to have a lower frequency of physical damage claims than cities with more traffic congestion.

The price range example below illustrates how geographic area affects insurance prices.

These rate differences illustrate why anyone shopping for car insurance should compare prices for a targeted area and risk profile, rather than using averaged prices.

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

Detailed Rate Analysis

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

• The cheapest rate after discounts is $810
• Using higher $1,000 deductibles will save approximately $180 each year
• The average rate for a 40-year-old good driver who has $500 deductibles is $1,410
• Selecting more expensive low deductibles for physical damage coverage will increase the cost to $1,764
• Higher-risk drivers with serious driving violations could pay up to $3,064 or more
• An auto insurance policy for full coverage for a teenage driver with full coverage can cost as much as $5,346 or more

View Chart as Image

Auto insurance prices for a Lexus NX 300 also have a wide range based on your driving characteristics, the model year and trim level, and liability limits and deductibles.

An older driver with a good driving record and high deductibles may only pay around $1,300 a year, or $108 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers will have to pay at least $5,300 a year. View Rates by Age

Where you choose to live has a huge impact on Lexus NX 300 insurance rates. A driver around age 40 might see prices as low as $920 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,910 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could cut prices by as much as $540 a year, while increasing your policy's liability limits will increase premiums. Switching from a 50/100 limit to a 250/500 limit will cost up to $411 extra every year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are probably paying $1,700 to $2,300 in extra premium annually, depending on your age. High-risk driver insurance can be around 43% to 134% more than the average policy. View High Risk Driver Rates

With such a large range in prices, the only way to figure out which insurance company is cheapest is to compare prices and see how they stack up. Each insurance company calculates prices differently, and quoted prices will be substantially different from one company to the next.

How to Find Cheaper Lexus NX 300 Insurance

Finding better rates on auto insurance requires being a safe and courteous driver, having good credit, paying for small claims out-of-pocket, and qualifying for all possible discounts. Invest the time to compare rates at least every other year by requesting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

Below is a condensed summary of the car insurance concepts presented in the illustrations above.

• Drivers with multiple at-fault accidents pay on average $1,650 more annually for auto insurance
• It is possible to save approximately $170 per year simply by shopping early and online
• Increasing policy deductibles can save around $525 each year
• Consumers who want higher levels of liability will pay approximately $500 annually to increase from 30/60 bodily injury limits to 250/500 limits