Lexus NX 300 Insurance Rates

The average auto insurance rates for a Lexus NX 300 are $1,410 annually with full coverage. Comprehensive insurance costs approximately $280, collision costs $516, and liability costs $456. Liability-only coverage costs as little as $508 a year, with high-risk coverage costing $3,064 or more. Teenage drivers cost the most to insure at $5,346 a year or more.

Average premium for full coverage: $1,410

Policy rates by type of insurance:

Full coverage includes $500 physical damage insurance deductibles, 30/60 liability coverage, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all U.S. states and for all NX 300 models.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on the price of insurance. Rural locations are shown to have fewer collision claims than densely populated cities.

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

The examples above demonstrate why everyone should compare rates using their specific location and their own personal driving habits, instead of making a decision based on average rates.

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

Additional Charts and Tables

The chart below details estimated Lexus NX 300 insurance rates for additional coverage and risk scenarios.

• The best discount rate is $810
• Drivers who choose higher $1,000 deductibles will pay $180 annually
• The estimated rate for a good driver age 40 who chooses $500 deductibles is $1,410
• Using pricier low deductibles for comprehensive and collision insurance costs an additional $354 annually
• Drivers who are prone to accidents and violations could pay around $3,064 or more
• Policy cost with full coverage for a 16-year-old driver for full coverage can cost $5,346 a year

View Chart as Image

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

A more mature driver with no violations or accidents and high physical damage deductibles may pay as low as $1,300 per year on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they should be prepared to pay in the ballpark of $5,300 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you may be forking out anywhere from $1,700 to $2,300 additional every year, depending on your age. Lexus NX 300 insurance for high-risk drivers can cost from 43% to 134% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could save up to $540 annually, whereas buying more liability protection will push rates upward. Moving from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $411 more each year. View Rates by Deductible or Liability Limit

Your home state makes a big difference in Lexus NX 300 insurance prices. A 40-year-old driver could pay as low as $1,020 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,910 on average in New York, Michigan, and Florida.

View Chart as Image

Because rates have so much variability, the best way to find out who has the cheapest auto insurance rates is to regularly compare rates from multiple companies. Every company uses a different method to calculate rates, and rates will be varied between companies.

How to Buy More Affordable Lexus NX 300 Insurance

Finding cheaper rates on insurance for a Lexus NX 300 not only requires being a low-risk driver, but also having good credit, not filing small claims, and qualifying for all possible discounts. Set aside time to shop around every year by getting rate quotes from direct companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

The items below are a summary of the coverage data raised in the charts and tables above.

• You may be able to save around $170 per year simply by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles could save up to $525 each year
• Teen drivers are the costliest to insure, as much as $446 each month if they have full coverage
• Drivers considered higher risk who have multiple accidents or major violations may pay on average $1,650 more per year to insure their NX 300