Lexus NX 300 Insurance Rates

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

Full coverage includes $500 comprehensive and collision deductibles, 30/60 liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all states and NX 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on auto insurance rates. Areas with sparse population are shown to have lower incidents of accident claims than larger metro areas.

The diagram below illustrates how location helps determine auto insurance rates.

The examples above show why it is important to get quotes for a specific zip code, instead of using price averages.

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

Additional Rate Analysis

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

• The lowest rate with discounts is $810
• Choosing higher $1,000 deductibles can save about $1,230 a year
• The estimated price for a good driver age 40 using $500 deductibles is $1,410
• Choosing low $100 deductibles for comp and collision coverage bumps up the cost to $1,764
• Unlucky drivers with multiple violations and an at-fault accident could pay at least $3,064 or more
• Policy cost that insures a teen driver can be $5,346 each year

View Chart as Image

Auto insurance rates for a Lexus NX 300 also range considerably based on the trim level of your NX 300, how you drive, and deductibles and policy limits.

If you have a few points on your driving record or you caused an accident, you could be paying at least $1,700 to $2,300 in extra premium every year, depending on your age. A high-risk auto insurance policy ranges as much as 43% to 134% more than average. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles may pay as little as $1,300 annually on average, or $108 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records will have to pay as much as $5,300 a year. View Rates by Age

Your home state plays a big part in determining prices for Lexus NX 300 insurance prices. A good driver about age 40 could pay as low as $930 a year in states like Idaho, Maine, and Iowa, or as much as $2,010 on average in Michigan, Louisiana, and New York.

View Chart as Image

Choosing high deductibles can save as much as $540 every year, while buying higher liability limits will increase rates. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $411 extra every year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the only way to know your exact price is to get quotes and see which company has the best rate. Each auto insurer uses a different rate calculation, and quoted rates will be varied.

How to Find More Affordable Lexus NX 300 Insurance

Finding cheaper rates on car insurance takes having a decent driving record, maintaining a good credit score, avoid buying unnecessary coverage, and maximizing policy discounts. Shop around at every policy renewal by requesting rates from direct carriers, and also from several local insurance agents.

The following items are a summary of the data covered in the charts and tables above.

• Policyholders who may need additional liability coverage will pay about $500 each year to raise limits from a 30/60 limit to the 250/500 level
• Drivers can save up to $170 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles can save approximately $525 each year
• 16 to 18-year-old drivers are expensive to insure, costing up to $446 each month if the policy includes full coverage