Lexus NX 300 Insurance Rates

The average insurance rates for a Lexus NX 300 are $1,450 a year for full coverage insurance. Comprehensive insurance costs approximately $292 each year, collision costs $548, and liability costs around $452. A liability-only policy costs as low as $504 a year, with high-risk insurance costing $3,152 or more. Teen drivers cost the most to insure at $5,468 a year or more.

Average premium for full coverage: $1,450

Policy rates by type of insurance:

These estimates include $500 physical damage deductibles, 30/60 split liability limits, and includes medical and uninsured motorist coverage. Prices are averaged for all 50 states and NX 300 models.

Price Range Variability

Urban vs. Rural Price Range

Where you live can make a big difference on the price of auto insurance. Rural locations are shown to have a lower frequency of physical damage claims than larger metro areas.

The graphic below illustrates how rural and urban location affects auto insurance prices.

The examples above illustrate why all drivers should compare prices using their specific location and risk profile, instead of making a decision based on price averages.

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 additional coverage and risk scenarios.

• The lowest rate with discounts is $830
• Using higher $1,000 deductibles will save $190 each year
• The average rate for a good driver age 40 who chooses $500 deductibles is $1,450
• Choosing low deductibles for physical damage coverage will cost an extra $372 annually
• High-risk insureds with multiple violations and an at-fault accident could pay around $3,152 or more
• Policy cost for full coverage for a 16-year-old driver can cost $5,468 or more

View Chart as Image

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

More mature drivers with no driving violations and high deductibles may pay as low as $1,400 a year, or $117 per month, for full coverage. Rates are highest for teenagers, where even good drivers will be charged in the ballpark of $5,400 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 $950 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,960 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing high deductibles could cut rates by as much as $570 annually, whereas increasing liability limits will push rates upward. Switching from a 50/100 limit to a 250/500 limit will raise rates by up to $407 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are probably paying anywhere from $1,700 to $2,400 extra every year, depending on your age. Insurance for high-risk drivers can be from 44% to 131% more than average. View High Risk Driver Rates

Because rates have so much variability, the only way to figure out who has the best car insurance rates is to do a rate comparison from multiple companies. Each insurance company uses a different rate calculation, so rate quotes will be varied from one company to the next.

How to Find Cheap Lexus NX 300 Insurance

Finding cheaper rates on insurance for a Lexus NX 300 requires being a safe and courteous driver, having above-average credit, being claim-free, and avoiding coverage lapses. Set aside time to shop around at least every other year by getting rate quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

Below is a brief summary of the car insurance concepts raised in the charts and tables above.

• Drivers considered higher risk that tend to have accidents or serious violations may pay on average $1,700 more per year for auto insurance
• It is possible to save around $180 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles can save around $550 each year
• Insureds who purchase higher levels of liability will pay about $500 annually to increase from a 30/60 limit to 250/500 limits