Lexus NX 300 Insurance Rates

The average insurance prices for a Lexus NX 300 are $1,410 every 12 months including full coverage. Comprehensive insurance costs approximately $280 each year, collision costs $516, and liability is $456. Liability-only insurance costs around $508 a year, with high-risk driver insurance 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:

These estimates include $500 physical damage insurance deductibles, 30/60 bodily injury liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and NX 300 models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on car insurance prices. Rural locations are shown to have more infrequent comprehensive and collision claims than densely populated cities.

The graphic below illustrates the effect of geographic area on auto insurance prices.

The examples above highlight why all drivers should compare rates quotes using their specific location and their own driving history, instead of using average rates.

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

Rate Comparisons

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

• The best discount rate is $810
• Raising to $1,000 deductibles will save $180 every year
• The average price for a good driver age 40 who chooses $500 deductibles is $1,410
• Using low deductibles costs an extra $354 every year
• At-risk drivers who are prone to accidents and violations could pay around $3,064 or more
• Policy cost to insure a teen driver can cost $5,346

View Chart as Image

Auto insurance rates for a Lexus NX 300 also range considerably based on liability limits and deductibles, your driving characteristics, and the model of your NX 300.

Using high physical damage deductibles can reduce rates by up to $540 every year, whereas increasing liability limits will push rates upward. Changing from a 50/100 liability limit to a 250/500 limit will raise rates by up to $411 extra every year. View Rates by Deductible or Liability Limit

More mature drivers with a good driving record and higher 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, since even excellent drivers will have 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 were responsible for an accident, you are likely paying anywhere from $1,700 to $2,300 in extra premium every year, depending on your age. Insurance for high-risk drivers is expensive and can cost as much as 43% to 134% more than a normal policy. View High Risk Driver Rates

Your home state also has a big influence on Lexus NX 300 insurance prices. A middle-age driver might find rates as low as $1,080 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $2,010 on average in Louisiana, New York, and Michigan.

View Chart as Image

Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to do a rate comparison and see which company has the best rate. Every auto insurance company uses a different method to calculate rates, and quoted rates will be varied.

How to Shop for Cheap Lexus NX 300 Insurance

Finding cheaper rates on car insurance consists of being a low-risk driver, having a good credit score, paying for small claims out-of-pocket, and not having any coverage lapses. Take the time to compare rates at every other renewal by requesting quotes from direct car insurance companies, and also from your local car insurance providers.

The items below are a brief summary of the concepts that were covered in the above illustrations.

• Higher risk drivers that tend to have accidents or serious violations could be charged and average of $1,650 more per year to insure their NX 300
• Teen drivers have the highest car insurance rates, with premiums being up to $446 each month if comprehensive and collision insurance is included
• You may be able to save around $170 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles could save as much as $525 each year
• You may be able to save around $170 per year simply by quoting online in advance