Lexus NX 300 Insurance Rates

Average insurance prices for a Lexus NX 300 are $1,410 every 12 months with full coverage. Comprehensive insurance costs an estimated $280, collision costs $516, and liability insurance costs $456. A liability-only policy costs as little as $508 a year, with high-risk insurance costing $3,064 or more. Teens 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:

Prices include $500 comprehensive and collision deductibles, liability coverage up to 30/60, and includes additional medical/uninsured motorist coverage. Rates are averaged for all U.S. states and for all NX 300 models.

Price Range by Coverage and Risk

Price Range by Location

Your location has a significant impact on car insurance rates. More rural locations tend to have more infrequent collision claims than cities with more traffic congestion.

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

These examples demonstrate why everyone should compare rates for a targeted area and their own driving history, rather than relying on averaged prices.

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

Additional Rate Analysis

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

• The cheapest rate after discounts is $810
• Drivers who choose higher $1,000 deductibles will pay approximately $180 annually
• The average price for a 40-year-old driver who has $500 deductibles is $1,410
• Selecting pricier low deductibles for comprehensive and collision insurance costs an extra $354 a year
• High risk drivers with serious driving violations could pay up to $3,064 or more
• The cost to insure a teen driver for full coverage can cost as much as $5,346 a year

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

Choosing higher comprehensive and collision insurance deductibles could save up to $540 each year, whereas buying more liability protection will increase premiums. Moving from a 50/100 liability limit to a 250/500 limit will cost as much as $411 more per year. View Rates by Deductible or Liability Limit

A more mature driver with a clean driving record and higher deductibles could pay as little as $1,300 per year on average for full coverage. Rates are much higher for teen drivers, since even excellent drivers can expect to pay at least $5,300 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you may be forking out $1,700 to $2,300 extra per year, depending on your age. Lexus NX 300 insurance for high-risk drivers can cost anywhere from 43% to 134% more than the average policy. View High Risk Driver Rates

Where you live makes a big difference in Lexus NX 300 insurance rates. A 40-year-old driver could pay as low as $1,020 a year in states like Utah, Ohio, and New Hampshire, or have to pay at least $1,910 on average in New York, Michigan, and Florida.

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With so much variability in rates, the best way to find out which company is cheapest is to regularly compare rates from as many companies as possible. Every company calculates rates differently, so the rates can be significantly different.

How to Shop for the Right Lexus NX 300 Insurance

Saving money on Lexus NX 300 insurance not only requires having a decent driving record, but also having good credit, eliminating unnecessary coverage, and taking advantage of discounts. Set aside time to shop around every time your policy renews by obtaining price quotes from direct companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

The following items are a quick rundown of the information raised in the charts and tables above.

• You may be able to save approximately $170 per year simply by quoting online well ahead of the renewal date
• 16 to 18-year-old drivers are charged the highest rates, with premiums as much as $446 per month if they have full coverage
• Increasing deductibles could save as much as $525 each year
• High-risk drivers with reckless driving or DUI convictions may pay on average $1,650 more annually than a driver with a clean driving record
• Drivers who want additional liability coverage will pay approximately $500 every year to go from a minimum limit to a 250/500 level