Lexus NX 300 Insurance Rates

The average insurance rates for a Lexus NX 300 are $1,410 a year for full coverage insurance. Comprehensive costs around $280 a year, collision costs $516, and liability is $456. Liability-only coverage costs around $508 a year, with high-risk coverage costing around $3,064. 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:

Estimates include $500 deductibles, split liability limits of 30/60, and includes UM/UIM and medical coverage. Prices are averaged for all 50 states and NX 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on car insurance rates. Areas with sparse population are shown to have a lower frequency of physical damage claims than densely populated cities.

The diagram below illustrates how rural and urban location affects auto insurance rates.

The examples above illustrate why it is important to compare rates quotes for a specific zip code and risk profile, instead of using average rates.

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

Rates by State, City, and Model

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

• The best discount rate is $810
• Raising to $1,000 deductibles will save about $1,230 each year
• The average rate for a good driver age 40 using $500 deductibles is $1,410
• Using low $100 deductibles will increase the cost to $1,764
• At-risk 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 can be $5,346

View Chart as Image

Insurance rates for a Lexus NX 300 also range considerably based on your risk profile, the model year and trim level, and deductibles and policy limits.

Older drivers with no violations or accidents and high deductibles may pay as little as $1,300 every 12 months on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay as much as $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 $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 rates by up to $540 every year, while buying higher liability limits will increase rates. Switching from a 50/100 limit to a 250/500 limit will raise rates by up to $411 more each 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 probably paying at least $1,700 to $2,300 additional every year, depending on your age. A high-risk auto insurance policy is expensive and can cost as much as 43% to 134% more than a normal policy. View High Risk Driver Rates

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

How to Find Low Cost Lexus NX 300 Insurance

Finding cheaper rates on car insurance consists of not taking risks behind the wheel, having a good credit history, being claim-free, and taking advantage of discounts. Set aside time to shop around at least once a year by quoting rates from direct insurance companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The following is a review of the primary concepts that were raised in the charts and tables above.

• It is possible to save up to $170 per year simply by quoting early and online
• Higher risk drivers who have several accidents or serious violations may pay on average $1,650 more every year for NX 300 insurance
• Increasing comprehensive and collision deductibles can save around $525 each year
• Teens are charged the highest rates, possibly costing $446 each month including comprehensive and collision insurance