Lexus NX 300 Insurance Rates

The average insurance prices for a Lexus NX 300 are $1,410 every 12 months for full coverage. Comprehensive insurance costs on average $280, collision costs $516, and liability insurance is estimated at $456. Buying just liability costs approximately $508 a year, with insurance for high-risk drivers 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:

Prices are based on $500 deductibles, 30/60 liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all states and for all NX 300 models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a significant impact on car insurance rates. Rural areas are shown to have more infrequent accident claims than densely populated cities.

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

The examples above show why everyone should get quotes based on a specific location and their own driving history, rather than relying on average rates.

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 different risk profiles and scenarios.

• The best discount rate is $810
• Choosing higher $1,000 deductibles can save around $180 a year
• The average price for a good driver age 40 with $500 deductibles is $1,410
• Using pricier low deductibles for comp and collision coverage costs an extra $354 a year
• High-risk insureds who are prone to accidents and violations could pay upwards of $3,064 or more
• Policy cost to insure a teen driver for full coverage may cost $5,346 each year

View Chart as Image

Insurance rates for a Lexus NX 300 also range considerably based on liability limits and deductibles, your driver profile, and the trim level of your NX 300.

Using high physical damage deductibles can save as much as $540 each year, whereas buying more liability protection will cost you more. Going from a 50/100 liability limit to a 250/500 limit will raise rates by up to $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 annually on average, or $108 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers can expect to pay upwards of $5,300 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you could be paying at a minimum $1,700 to $2,300 extra every year, depending on your age. Lexus NX 300 insurance for high-risk drivers ranges anywhere from 43% to 134% more than a normal policy. View High Risk Driver Rates

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

View Chart as Image

Because rates have so much variability, the only way to know exactly what you will pay is to regularly compare rates from as many companies as possible. Each auto insurer uses a different method to calculate rates, so the rates will be varied.

How to Shop for Affordable Lexus NX 300 Insurance

Finding cheaper rates on Lexus NX 300 insurance takes not taking risks behind the wheel, having good credit, avoid buying unnecessary coverage, and bundling your home and auto policies. Set aside time to shop around at every policy renewal by requesting rates from direct carriers, and also from local independent and exclusive agents.

The following is a brief review of the data raised in the charts and tables above.

• Drivers who require higher liability limits will pay an extra $500 each year to raise limits from a 30/60 limit to a 250/500 level
• Drivers can save as much as $170 per year simply by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles could save as much as $525 each year
• Teens pay the highest rates, costing up to $446 each month if they have full coverage