Lexus NX 300 Insurance Rates

The average auto insurance rates for a Lexus NX 300 are $1,410 annually including full coverage. Comprehensive costs on average $280 a year, collision costs $516, and liability costs around $456. Liability-only insurance costs as low as $508 a year, with high-risk driver insurance costing around $3,064. Teens 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:

Prices include $500 policy deductibles, minimum liability limits, and includes uninsured/under-insured motorist coverage. Prices are averaged for all 50 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 car insurance rates. Rural areas are shown to have fewer comprehensive and collision claims than cities with more traffic congestion.

The diagram below illustrates the difference between rural and urban areas on car insurance rates.

The examples above highlight why it is important to compare prices based on a specific location and their own personal driving habits, instead of making a decision based on averaged prices.

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

More Rate Information

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

• The cheapest rate after discounts is $810
• Using higher $1,000 deductibles will save around $1,230 every year
• The estimated rate for a good driver age 40 with $500 deductibles is $1,410
• Selecting low $100 deductibles for physical damage coverage will cost $1,764
• High-risk insureds with serious driving violations could pay upwards of $3,064 or more
• Policy cost with full coverage for a 16-year-old driver may cost $5,346 or more

View Chart as Image

Auto insurance rates for a Lexus NX 300 also range considerably based on the model year and trim level, your driving characteristics, and policy deductibles and limits.

Older drivers with a good driving record and high physical damage deductibles may pay as low as $1,300 a year, or $108 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they will have to pay upwards of $5,300 a year. View Rates by Age

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

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $540 annually, while buying higher liability limits will cost you more. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $411 extra every year. View Rates by Deductible or Liability Limit

Your home state has a huge impact on Lexus NX 300 insurance prices. A driver around age 40 might see rates as low as $1,080 a year in states like Missouri, New Hampshire, and Vermont, or have to pay at least $2,010 on average in Michigan, New York, and Louisiana.

View Chart as Image

Because rates have so much variability, the best way to figure out exactly what you will pay is to get quotes from multiple companies. Each insurance company calculates rates differently, and quoted rates will be varied between companies.

How to Buy the Right Lexus NX 300 Insurance

Finding cheaper rates on insurance for a Lexus NX 300 requires being a good driver, having above-average credit, paying for small claims out-of-pocket, and taking advantage of discounts. Set aside time to compare rates every couple of years by quoting rates from direct car insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The following list is a quick rundown of the material that was covered above.

• Insureds who require an increased level of liability coverage will pay approximately $500 per year to increase from a 30/60 limit to higher 250/500 limits
• Drivers age 16 to 20 are charged the highest rates, with premiums being up to $446 each month if full coverage is included
• Drivers considered higher risk with reckless driving or DUI convictions pay on average $1,650 more each year than a safer driver
• Increasing comprehensive and collision deductibles could save up to $525 each year