Lexus NX 300 Insurance Rates

U.S. average insurance rates for a Lexus NX 300 are $1,410 a year for full coverage insurance. Comprehensive insurance costs approximately $280, collision costs $516, and liability insurance is $456. Buying just liability costs around $508 a year, with insurance for high-risk drivers costing $3,064 or more. Teenage drivers pay the highest rates at $5,346 a year or more.

Average premium for full coverage: $1,410

Price estimates by individual coverage:

Full coverage includes $500 physical damage deductibles, minimum liability limits, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all 50 states and for different NX 300 trim levels.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city has a significant impact on the price of auto insurance. Rural locations have a lower frequency of physical damage claims than densely populated cities.

The price range example below illustrates how location impacts auto insurance prices.

The ranges above illustrate why anyone shopping for car insurance should compare rates quotes using their specific location and risk profile, rather than relying on average rates.

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

Additional Charts and Tables

The chart below illustrates 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 each year
• The average rate for the average middle-age driver who chooses $500 deductibles is $1,410
• Using more expensive low deductibles will cost an extra $354 a year
• Higher-risk drivers who are prone to accidents and violations could pay around $3,064 or more
• The price for full coverage for a teen driver with full coverage can cost $5,346

View Chart as Image

Insurance prices for a Lexus NX 300 are also quite variable based on your driving record, the model year and trim level, and physical damage deductibles and liability limits.

An older driver with no violations or accidents and high deductibles could pay as little as $1,300 every 12 months on average for full coverage. Prices are much higher for teenage drivers, where even good drivers should be prepared to pay in the ballpark of $5,300 a year. View Rates by Age

The state you live in also has a big influence on Lexus NX 300 insurance rates. A middle-age driver might find prices as low as $920 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,910 on average in Florida, New York, and Michigan.

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Using high physical damage deductibles can reduce prices by up to $540 each year, while increasing your policy's liability limits will push prices upward. Switching from a 50/100 limit to a 250/500 limit will increase prices by as much as $411 more each year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are probably paying anywhere from $1,700 to $2,300 additional each year, depending on your age. High-risk driver insurance is expensive and can cost anywhere from 43% to 134% more than a normal policy. View High Risk Driver Rates

Since prices can be so different, the only way to figure out who has the best car insurance prices is to compare prices from as many companies as possible. Every auto insurance company uses a different method to calculate prices, and prices may be quite different from one company to the next.

How to Find More Affordable Lexus NX 300 Insurance

Getting lower rates on Lexus NX 300 insurance consists of being a safe and courteous driver, having a good credit history, not filing small claims, and qualifying for all possible discounts. Spend time shopping around every couple of years by requesting quotes from direct insurance companies like Progressive and GEICO, and also from your local independent and exclusive agents.

Below is a summary of the material that was touched on above.

• Drivers who purchase higher levels of liability will pay an extra $500 annually to raise from a low limit to 250/500 limits
• Teenage drivers are the costliest to insure, as much as $446 a month including comprehensive and collision insurance
• High-risk drivers who have multiple accidents or major violations may pay on average $1,650 more per year for auto insurance
• Increasing physical damage deductibles can save around $525 each year