Lexus NX 300 Insurance Rates

The average insurance rates for a Lexus NX 300 are $1,410 a year with full coverage. Comprehensive insurance costs around $280 a year, collision costs $516, and liability costs around $456. Liability-only coverage costs as low 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 for type of insurance:

Rate estimates include $500 physical damage deductibles, 30/60 liability limits, and includes both medical and uninsured motorist insurance. Prices are averaged for all U.S. states and NX 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live can make a big difference on insurance rates. Areas with sparse population are shown to have lower incidents of collision claims than densely populated cities.

The diagram below illustrates how where you live affects auto insurance rates.

The examples above demonstrate why it is important to compare prices for a specific zip code, instead of making a decision based on average rates.

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

Additional Rate Details

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

• The best discount rate is $810
• Using higher $1,000 deductibles will save about $1,230 annually
• The estimated price for a good driver age 40 using $500 deductibles is $1,410
• Using low $100 deductibles for physical damage coverage will cost an additional $354 annually
• High-risk insureds who are prone to accidents and violations could pay at least $3,064 or more
• Policy cost that insures a 16-year-old driver can be $5,346 or more

View Chart as Image

Insurance rates for a Lexus NX 300 also range considerably based on the trim level of your NX 300, your age and driving habits, and deductibles and policy limits.

If you have a few points on your driving record or you caused an accident, you may be forking out at least $1,700 to $2,300 additional every year, depending on your age. A high-risk auto insurance policy can be from 43% to 134% more than a normal policy. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as low as $1,300 a year, or $108 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records should be prepared to pay as much as $5,300 a year. View Rates by Age

Your home state has a huge impact on Lexus NX 300 insurance prices. A driver around age 40 might see rates as low as $1,020 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $1,910 on average in Florida, Michigan, and New York.

View Chart as Image

Using high physical damage deductibles could cut rates by as much as $540 annually, while buying higher liability limits will increase rates. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $411 more each year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to find out your exact price is to get quotes from multiple companies. Each insurance company uses a different method to calculate rates, and rates will be varied.

How to Find the Best Lexus NX 300 Insurance

Finding cheaper rates on insurance for a Lexus NX 300 requires being a safe and courteous driver, having a good credit score, not filing small claims, and taking advantage of discounts. Compare prices at every policy renewal by quoting rates from direct companies, and also from your local independent and exclusive agents.

Below is a brief recap of the data touched on in the above illustrations.

• Insureds who may need higher levels of liability will pay an extra $500 every year to increase from a 30/60 limit to the 250/500 level
• You may be able to save up to $170 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles can save approximately $525 each year
• Teenage drivers are charged the highest rates, as much as $446 each month if comprehensive and collision insurance is included