Lexus NX 300 Insurance Rates

Average insurance rates for a Lexus NX 300 are $1,410 a year with full coverage. Comprehensive insurance costs around $280 each year, collision insurance costs $516, and liability costs around $456. A liability-only policy costs as low as $508 a year, and high-risk insurance costs $3,064 or more. Teenage drivers receive the highest rates at up to $5,346 a year.

Average premium for full coverage: $1,410

Rate estimates for individual coverage type:

Price estimates include $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes medical and uninsured motorist coverage. Rates are averaged for all U.S. states and NX 300 models.

Price Range by Coverage and Risk

Price Range by Location

Where you live can make a big difference on insurance rates. Areas with sparse population tend to have a lower frequency of collision claims than densely populated cities. The graphic below illustrates the difference location can make on auto insurance rates.

These examples demonstrate why all drivers should compare prices for a specific zip code and risk profile, instead of making a decision based on average rates.

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

Detailed Rate Analysis

The chart below details average 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 $180 annually
• The average rate for a 40-year-old driver using $500 deductibles is $1,410
• Using low deductibles for physical damage coverage will cost an extra $354 annually
• High-risk insureds who are prone to accidents and violations could pay at least $3,064
• The cost for full coverage for a 16-year-old driver can be $5,346 or more

View Chart as Image

Insurance rates for a Lexus NX 300 can also vary considerably based on your driver profile, the trim level and model year, and deductibles and policy limits.

More mature drivers with a clean driving record and high deductibles may pay as low as $1,300 a year for full coverage. Rates are much higher for teen drivers, where even good drivers can expect to pay as much as $5,300 a year. View Rates by Age

Where you live 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, whereas increasing liability limits will increase rates. Moving from a 50/100 limit to a 250/500 limit will cost as much as $411 more per year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you may be forking out at least $1,700 to $2,300 extra per year, depending on your age. Insurance for high-risk drivers can be from 43% to 134% more than a normal policy. View High Risk Driver Rates

How to Find Cheaper Lexus NX 300 Insurance

Saving money on insurance for a Lexus NX 300 requires avoiding accidents and violations, maintaining good credit, eliminating unnecessary coverage, and dropping full coverage on older vehicles. Make time to compare rates at least every other year by quoting rates from direct companies like GEICO and Progressive, and also from local independent and exclusive agents.

The list below is a condensed summary of the car insurance concepts touched on in this article.

• Drivers considered higher risk with multiple at-fault accidents pay an average of $1,650 more every year for car insurance
• You may be able to save up to $170 per year just by quoting online in advance
• Increasing deductibles can save around $525 each year
• Insureds who may need higher liability limits will pay an extra $500 every year to increase from a minimum limit to 250/500 limits