Lexus NX 300 Insurance Rates

Estimated insurance rates for a Lexus NX 300 are $1,410 a year including full coverage. Comprehensive insurance costs approximately $280 a year, collision costs $516, and liability coverage costs around $456. Liability-only coverage costs as low as $508 a year, with high-risk coverage costing $3,064 or more. Teenage drivers pay the most at $5,346 a year or more.

Average premium for full coverage: $1,410

Premium estimates by type of coverage:

Prices are based on $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes medical and uninsured motorist coverage. Rates include averaging for all 50 U.S. states and NX 300 trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a large influence on car insurance prices. Rural locations are statistically proven to have a lower frequency of comprehensive and collision claims than densely populated cities.

The diagram below illustrates how your location can change auto insurance prices.

These rate differences highlight why it is important to compare prices using their specific location and risk profile, rather than using average rates.

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

Detailed Rate Analysis

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

• The best discount rate is $810
• Using higher $1,000 deductibles will save $1,230 every year
• The average rate for a 40-year-old good driver who chooses $500 deductibles is $1,410
• Using low $100 deductibles for physical damage coverage will cost an extra $354 each year
• Higher-risk drivers who are prone to accidents and violations could pay around $3,064 or more
• An auto insurance policy for full coverage for a teenage driver can cost $5,346 or more

View Chart as Image

Insurance prices for a Lexus NX 300 also have a wide range based on your driving characteristics, the model of your NX 300, and physical damage deductibles and liability limits.

Older drivers with a clean driving record and high deductibles may only pay around $1,300 a year, or $108 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers can expect to pay in the ballpark of $5,300 a year. View Rates by Age

Where you choose to live has a huge impact on Lexus NX 300 insurance rates. A driver around age 40 might see prices 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

Using high physical damage deductibles could cut prices by as much as $540 a year, while buying higher liability limits will push prices upward. Changing from a 50/100 limit to a 250/500 limit will cost up to $411 more per year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are likely paying anywhere from $1,700 to $2,300 extra annually, depending on your age. A high-risk auto insurance policy can be around 43% to 134% more than a normal policy. View High Risk Driver Rates

With such a large range in prices, the best way to figure out who has the best auto insurance prices is to get quotes and see how they stack up. Each insurance company uses a different method to calculate prices, so the prices will be substantially different from one company to the next.

How to Find Affordable Lexus NX 300 Insurance

Finding better rates on auto insurance requires having a decent driving record, maintaining good credit, refrain from filing small claims, and maximizing policy discounts. Invest the time to shop around at least once a year by requesting rates from direct car insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

The following items are a brief review of the primary concepts that were illustrated above.

• You may be able to save around $170 per year simply by quoting early and online
• Drivers with DUI or reckless driving convictions could be forced to pay on average $1,650 more per year than a driver with a clean driving record
• Increasing policy deductibles can save around $525 each year
• 16 to 18-year-old drivers are expensive to insure, with the cost nearing $446 per month for full coverage