Lexus NX 300 Insurance Rates

The average insurance rates for a Lexus NX 300 are $1,410 a year including full coverage. Comprehensive insurance costs around $280 a year, collision costs $516, and liability coverage is estimated at $456. Liability-only insurance costs approximately $508 a year, with high-risk driver insurance costing $3,064 or more. 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 policy deductibles, liability limits of 30/60, and includes both medical and UM/UIM coverage. Prices are averaged for all 50 U.S. states and NX 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on the price of insurance. Areas with sparse population are shown to have a lower frequency of comprehensive and collision claims than larger metro areas.

The diagram below illustrates how location impacts auto insurance rates.

The examples above highlight why it is important to get quotes for a specific zip code and risk profile, rather than using price averages.

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 choices and driver risks.

• The lowest rate with discounts is $810
• Choosing higher $1,000 deductibles can save about $1,230 every year
• The average rate for a good driver age 40 using $500 deductibles is $1,410
• Choosing low $100 deductibles for comp and collision coverage will cost an extra $354 each year
• Drivers with multiple violations and an at-fault accident could pay at least $3,064 or more
• Policy cost for full coverage for a teenage driver can be $5,346 each year

View Chart as Image

Auto insurance rates for a Lexus NX 300 also range considerably based on your risk profile, the model of your NX 300, and deductibles and policy limits.

Older drivers with a good driving record and high deductibles may only pay around $1,300 annually on average, or $108 per month, for full coverage. Rates are highest for teenagers, where even good drivers 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 rates. A good driver about age 40 could pay as low as $1,080 a year in states like Missouri, New Hampshire, and Vermont, or as much as $2,010 on average in Michigan, New York, and Louisiana.

View Chart as Image

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

If you have a few points on your driving record or tend to cause accidents, you are likely paying at least $1,700 to $2,300 in extra premium every year, depending on your age. A high-risk auto insurance policy ranges around 43% to 134% more than average. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out your exact price is to get quotes and see how they stack up. Each auto insurer uses a different rate calculation, and quoted rates will be varied from one company to the next.

How to Find More Affordable Lexus NX 300 Insurance

Finding cheaper rates on auto insurance takes avoiding accidents and claims, having good credit, paying for small claims out-of-pocket, and maximizing policy discounts. Spend time shopping around once a year by requesting rates from direct car insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The points below are a summary of the data that was touched on above.

• You may be able to save up to $170 per year simply by quoting early and online
• Consumers who may need increased liability limits will pay about $500 per year to raise limits from a 30/60 limit to 250/500 limits
• Drivers under the age of 20 are expensive to insure, with premiums being up to $446 each month if they have full coverage
• Drivers who have multiple accidents or major violations pay on average $1,650 more every year to insure a Lexus NX 300