Lexus NX 300 Insurance Rates

Estimated insurance prices for a Lexus NX 300 are $1,410 every 12 months for full coverage. Comprehensive costs an estimated $280 a year, collision costs $516, and liability costs around $456. Liability-only insurance costs as low as $508 a year, with high-risk driver 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:

Rates are based on $500 comprehensive and collision deductibles, minimum liability limits, and includes both medical and UM/UIM coverage. Rates include averaging for all states and NX 300 trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live can make a big difference on insurance rates. More rural locations are statistically proven to have more infrequent accident claims than cities with more traffic congestion.

The diagram below illustrates how where you live affects insurance prices.

These rate differences show why it is important to compare prices for a targeted area and their own driving history, instead of making a decision based on averaged prices.

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

Rate Comparisons

The chart below shows 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 $1,230 a year
• The average price for a 40-year-old good driver who has $500 deductibles is $1,410
• Selecting low $100 deductibles for physical damage coverage increases the price to $1,764
• High-risk insureds with serious driving violations could pay up to $3,064 or more
• An auto insurance policy to insure a 16-year-old driver can cost as much as $5,346 or more

View Chart as Image

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

Choosing higher comprehensive and collision insurance deductibles could cut prices by as much as $540 annually, while buying higher liability limits will increase premiums. Going from a 50/100 liability limit to a 250/500 limit will cost up to $411 more each year. View Rates by Deductible or Liability Limit

Older drivers with no violations or accidents and higher deductibles may pay as low as $1,300 a year, or $108 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers should be prepared to pay at least $5,300 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you could be paying $1,700 to $2,300 additional annually, depending on your age. A high-risk auto insurance policy can be from 43% to 134% more than the average policy. View High Risk Driver Rates

Where you choose to live has a huge impact on Lexus NX 300 insurance prices. A driver around age 40 might see prices as low as $930 a year in states like Iowa, Maine, and Idaho, or have to pay at least $2,010 on average in New York, Louisiana, and Michigan.

View Chart as Image

With such a large range in prices, the only way to know which insurance company is cheapest is to get quotes from multiple companies. Each insurance company calculates prices differently, and prices will be substantially different.

How to Shop for the Best Cheap Lexus NX 300 Insurance

Finding better rates on insurance for a Lexus NX 300 requires avoiding accidents and violations, having above-average credit, not filing small claims, and maximizing policy discounts. Take the time to comparison shop every couple of years by requesting rates from direct carriers, and also from several local insurance agents.

The list below is a quick review of the material that was touched on in the above illustrations.

• Insureds who want higher liability limits will pay approximately $500 each year to increase from 30/60 bodily injury limits to a 250/500 level
• Teenagers are expensive to insure, as much as $446 per month if full coverage is included
• Drivers considered higher risk with a DUI or reckless driving violation pay on average $1,650 more annually for car insurance
• Increasing policy deductibles could save as much as $525 each year