Lexus NX 300 Insurance Rates

Average auto insurance rates for a Lexus NX 300 are $1,410 annually for full coverage. Comprehensive insurance costs an estimated $280 each year, collision costs $516, and liability insurance is estimated at $456. Liability-only coverage costs approximately $508 a year, with high-risk coverage costing $3,064 or more. Teenage drivers receive the highest rates at $5,346 a year or more.

Average premium for full coverage: $1,410

Rate estimates broken down by individual coverage type:

These estimates include $500 deductible amounts, liability coverage up to 30/60, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all states and NX 300 models.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city has a significant impact on insurance rates. More rural locations tend to have fewer accident claims than densely populated cities.

The graphic below illustrates how location impacts insurance prices.

These examples show why all drivers should get quotes for a targeted area and their own personal driving habits, rather than relying on average rates.

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

Additional Charts and Tables

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

• The best discount rate is $810
• Choosing higher $1,000 deductibles can save approximately $180 a year
• The estimated rate for a 40-year-old driver who has $500 deductibles is $1,410
• Using low deductibles for comp and collision coverage costs an additional $354 a year
• High-risk insureds who are prone to accidents and violations could pay up to $3,064 or more
• The cost with full coverage for a teen driver can cost as much as $5,346 each year

View Chart as Image

Car insurance rates for a Lexus NX 300 can also vary considerably based on the trim level of your NX 300, your driver profile, and liability limits and deductibles.

More mature drivers with no driving violations and high physical damage deductibles could pay as little as $1,300 annually on average for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they will be charged at least $5,300 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you could be paying $1,700 to $2,300 extra per year, depending on your age. Insurance for high-risk drivers ranges anywhere from 43% to 134% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $540 each year, whereas increasing liability limits will increase premiums. Going from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $411 extra every 12 months. View Rates by Deductible or Liability Limit

Where you live plays a big part in determining prices for Lexus NX 300 insurance rates. A good driver about age 40 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

With so much variability in rates, the only way to know which company is cheapest is to do a rate comparison from as many companies as possible. Each auto insurer uses a different method to calculate rates, so rate quotes can be significantly different between companies.

How to Buy Cheap Lexus NX 300 Insurance

Saving money on Lexus NX 300 insurance takes having a good driving record, having a good credit score, eliminating unneeded coverage, and not having any coverage lapses. Spend time shopping around every time your policy renews by requesting quotes from direct carriers like Progressive and GEICO, and also from local exclusive and independent agents.

The next list is a brief summary of the information touched on above.

• Drivers can save approximately $170 per year simply by quoting online in advance
• Drivers age 20 and younger have the highest car insurance rates, costing as high as $446 per month if comprehensive and collision insurance is included
• Increasing deductibles could save up to $525 each year
• High-risk drivers that tend to have accidents or serious violations may pay on average $1,650 more annually to buy Lexus NX 300 insurance
• Drivers who want increased levels of liability coverage will pay an extra $500 each year to raise limits from a minimum limit to higher 250/500 limits