Lexus NX 300 Insurance Rates

The average auto insurance rates for a Lexus NX 300 are $1,450 annually for full coverage. Comprehensive costs approximately $292, collision insurance costs $548, and liability insurance costs around $452. Liability-only coverage costs as low as $504 a year, and high-risk coverage costs around $3,152. Teenage drivers cost the most to insure at up to $5,468 a year.

Average premium for full coverage: $1,450

Policy rates by type of insurance:

Prices are based on $500 comprehensive and collision deductibles, 30/60 liability limits, and includes uninsured motorist and medical coverage. Prices are averaged for all states and for all NX 300 models.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a significant impact on car insurance rates. Rural locations are shown to have fewer accident claims than densely populated cities. The example below illustrates the effect of geographic area on auto insurance prices.

The examples above show why everyone should compare prices using their specific location and their own personal driving habits, rather than relying on average rates.

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

Additional Rate Information

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

• The best discount rate is $830
• Using higher $1,000 deductibles will save $190 a year
• The estimated rate for a good driver age 40 who chooses $500 deductibles is $1,450
• Using pricier low deductibles for physical damage coverage will cost $1,822
• Drivers who are prone to accidents and violations could pay around $3,152
• Policy cost with full coverage for a teen driver for full coverage can cost $5,468 or more

View Chart as Image

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

A more mature driver with no violations or accidents and high physical damage deductibles could pay as little as $1,400 a year, or $117 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they should be prepared to pay in the ballpark of $5,400 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you could be paying anywhere from $1,700 to $2,400 additional every year, depending on your age. Lexus NX 300 insurance for high-risk drivers can be anywhere from 44% to 131% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut rates by as much as $570 each year, whereas buying more liability protection will push rates upward. Going from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $407 more each year. View Rates by Deductible or Liability Limit

Your home state has a huge impact on Lexus NX 300 insurance rates. A driver around age 40 might see rates as low as $960 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $2,070 on average in New York, Louisiana, and Michigan.

View Chart as Image

How to Buy Affordable Lexus NX 300 Insurance

Finding cheaper rates on Lexus NX 300 insurance requires having a decent driving record, having good credit, avoid buying unnecessary coverage, and consideration of higher deductibles. Take the time to compare rates at every policy renewal by getting rate quotes from direct carriers like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The following items are a brief review of the data covered in the above illustrations.

• Drivers who purchase additional liability coverage will pay an extra $500 each year to increase from a 30/60 limit to higher 250/500 limits
• Drivers can save around $180 per year just by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles could save up to $550 each year
• 16 to 18-year-old drivers are the costliest to insure, costing up to $456 each month if they have full coverage