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 an estimated $280, collision insurance costs $516, and liability is $456. Buying just liability costs around $508 a year, and insurance for high-risk drivers costs $3,064 or more. Teen drivers cost the most to insure at up to $5,346 a year.

Average premium for full coverage: $1,410

Policy rates broken down by type of insurance:

These estimates include $500 physical damage deductibles, liability limits of 30/60, and includes uninsured motorist and medical coverage. Prices are averaged for all 50 U.S. states and for different NX 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can make a big difference on the price of auto insurance. More rural locations are shown to have lower incidents of comprehensive and collision claims than larger metro areas. The price range example below illustrates how your location can change insurance prices.

The examples above highlight why anyone shopping for car insurance should compare rates quotes for a targeted area, instead of making a decision based on price averages.

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

Additional Rate Information

The chart below breaks down average Lexus NX 300 insurance rates for other coverage scenarios.

• The lowest rate with discounts is $810
• Raising to $1,000 deductibles will save approximately $180 every year
• The estimated price for a good driver age 40 who has $500 deductibles is $1,410
• Choosing more expensive low deductibles will cost an additional $354 annually
• Drivers with multiple violations and an at-fault accident could pay up to $3,064
• Policy cost that insures a 16-year-old driver with full coverage can cost as much as $5,346

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Insurance rates for a Lexus NX 300 also range considerably based on the model year and trim level, your driving record and age, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you are likely paying $1,700 to $2,300 extra every year, depending on your age. High-risk driver insurance is expensive and can cost from 43% to 134% more than average. View High Risk Driver Rates

An older driver with a clean driving record and higher comprehensive and collision deductibles may pay as low as $1,300 every 12 months on average, or $108 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records can expect to pay at least $5,300 a year. View Rates by Age

Your home state also has a big influence on Lexus NX 300 insurance prices. A middle-age driver might find rates as low as $1,080 a year in states like Vermont, New Hampshire, and Missouri, or as much as $2,010 on average in Louisiana, New York, and Michigan.

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Choosing high deductibles can reduce rates by up to $540 annually, while increasing your policy's liability limits will increase premiums. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $411 more per year. View Rates by Deductible or Liability Limit

How to Find Cheap Lexus NX 300 Insurance

Finding cheaper rates on insurance for a Lexus NX 300 consists of being a safe and courteous driver, having above-average credit, paying for small claims out-of-pocket, and deciding if full coverage is necessary. Shop around once a year by getting quotes from direct car insurance companies, and also from your local car insurance providers.

Below is a brief summary of the data that was illustrated above.

• You may be able to save approximately $170 per year just by shopping early and online
• Insureds who want higher levels of liability will pay about $500 per year to raise from a 30/60 limit to the 250/500 level
• Teenage drivers are charged the highest rates, with premiums being up to $446 each month if full coverage is included
• Drivers considered higher risk that tend to have accidents or serious violations could be charged and average of $1,650 more annually for auto insurance