Lexus NX 300 Insurance Rates

Estimated insurance rates for a Lexus NX 300 are $1,410 a year for full coverage insurance. Comprehensive insurance costs on average $280, collision costs $516, and liability insurance is $456. Liability-only coverage costs around $508 a year, with high-risk coverage costing $3,064 or more. Teenage drivers pay the most at $5,346 a year or more.

Average premium for full coverage: $1,410

Premium estimates by type of coverage:

Price estimates include $500 physical damage deductibles, 30/60 split liability limits, and includes both medical and uninsured motorist insurance. Rates include averaging for all 50 states and for different NX 300 trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a significant impact on insurance rates. Rural areas are statistically proven to have lower incidents of physical damage claims than densely populated cities.

The price range example below illustrates the effect of geographic area on car insurance rates.

These rate differences illustrate why anyone shopping for car insurance should compare rates quotes based on a specific location, rather than relying on average rates.

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

Additional Rate Details

The chart below illustrates estimated Lexus NX 300 insurance rates for different risk profiles and scenarios.

• The best discount rate is $810
• Raising to $1,000 deductibles will save around $180 each year
• The estimated price for a 40-year-old good driver with $500 deductibles is $1,410
• Using more expensive low deductibles will cost an additional $354 a year
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $3,064 or more
• An auto insurance policy that insures a teen driver with full coverage may cost $5,346

View Chart as Image

Insurance prices for a Lexus NX 300 also have a wide range based on the model year and trim level, your age and driving record, and policy deductibles and limits.

If you have a few violations or you caused an accident, you are probably paying at a minimum $1,700 to $2,300 extra annually, depending on your age. High-risk driver insurance is expensive and can cost anywhere from 43% to 134% more than a normal policy. View High Risk Driver Rates

An older driver with a clean driving record and higher comprehensive and collision deductibles could pay as little as $1,300 every 12 months on average, or $108 per month, for full coverage. Prices are much higher for drivers in their teens, since even teens with perfect driving records can expect to pay upwards of $5,300 a year. View Rates by Age

Where you choose to live also has a big influence on Lexus NX 300 insurance rates. A middle-age driver might find prices as low as $920 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $1,910 on average in Michigan, New York, and Florida.

View Chart as Image

Using high physical damage deductibles can reduce prices by up to $540 each year, while increasing your policy's liability limits will cost you more. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $411 more per year. View Rates by Deductible or Liability Limit

With such a large range in prices, the only way to figure out exactly what you will pay is to compare prices from as many companies as possible. Every auto insurance company uses a different method to calculate prices, so the prices will be substantially different.

How to Find Cheaper Lexus NX 300 Insurance

Finding better rates on Lexus NX 300 insurance consists of being a safe and courteous driver, having above-average credit, paying for small claims out-of-pocket, and bundling your home and auto policies. Compare prices at least every other year by quoting rates from direct insurance companies, and also from your local independent and exclusive agents.

Below is a condensed summary of the car insurance concepts covered in the above illustrations.

• High-risk drivers with multiple at-fault accidents may pay on average $1,650 more each year for auto insurance
• It is possible to save as much as $170 per year simply by shopping early and online
• Increasing policy deductibles can save approximately $525 each year
• Drivers who require higher levels of liability will pay an extra $500 annually to raise from 30/60 bodily injury limits to the 250/500 level