Lexus NX 300 Insurance Rates

The average insurance rates for a Lexus NX 300 are $1,410 a year including full coverage. Comprehensive insurance costs around $280, collision costs $516, and liability costs around $456. Liability-only insurance costs as low as $508 a year, with high-risk driver insurance costing $3,064 or more. Teenage drivers cost the most to insure at $5,346 a year or more.

Average premium for full coverage: $1,410

Policy rates for type of insurance:

Rates are based on $500 physical damage deductibles, 30/60 bodily injury liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all 50 U.S. states and for all NX 300 models.

Price Range Variability

Urban vs. Rural Price Range

Where you live can have significant affects on the price of insurance. Areas with sparse population are shown to have a lower frequency of comprehensive and collision claims than densely populated cities.

The example below illustrates how location helps determine auto insurance rates.

The examples above highlight why everyone should compare prices for a specific zip code and risk profile, instead of using average rates.

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

Additional Rate Analysis

The chart below breaks down estimated Lexus NX 300 insurance rates for additional coverage choices and driver risks.

• The best discount rate is $810
• Using higher $1,000 deductibles will save about $180 every year
• The average rate for a good driver age 40 using $500 deductibles is $1,410
• Using pricier low deductibles for physical damage coverage will cost an extra $354 every year
• Drivers who are prone to accidents and violations could pay at least $3,064 or more
• Policy cost for full coverage for a teen driver for full coverage can be $5,346 or more

View Chart as Image

Auto insurance rates for a Lexus NX 300 also range considerably based on your risk profile, the model of your NX 300, and deductibles and policy limits.

A more mature driver with a good driving record and high deductibles may pay as little as $1,300 a year, or $108 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will have to pay as much as $5,300 a year. View Rates by Age

Your home state has a huge impact on Lexus NX 300 insurance prices. A driver around age 40 might see rates as low as $1,080 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $2,010 on average in Michigan, New York, and Louisiana.

View Chart as Image

Using high physical damage deductibles could cut rates by as much as $540 every year, whereas buying more liability protection will increase rates. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $411 extra every year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying at least $1,700 to $2,300 in extra premium every year, depending on your age. Lexus NX 300 insurance for high-risk drivers can be as much as 43% to 134% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out your exact price is to regularly compare rates and see which company has the best rate. Each insurance company uses a different method to calculate rates, and quoted rates will be varied from one company to the next.

How to Find the Best Cheap Lexus NX 300 Insurance

Finding cheaper rates on car insurance requires being a safe and courteous driver, having good credit, paying for small claims out-of-pocket, and maximizing policy discounts. Invest time comparing rates at every other renewal by requesting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

Below is a quick review of the concepts that were covered in the charts and tables above.

• Higher risk drivers with a DUI or reckless driving violation pay on average $1,650 more every year for auto insurance
• Teenage drivers are expensive to insure, with premiums being up to $446 each month if they have full coverage
• You may be able to save up to $170 per year simply by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles can save around $525 each year
• You may be able to save up to $170 per year simply by quoting online well ahead of the renewal date