Lexus NX 300 Insurance Rates

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

Average premium for full coverage: $1,410

Rate estimates by individual coverage type:

Prices include $500 policy deductibles, 30/60 bodily injury liability limits, and includes additional medical/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

Your location can make a big difference on the price of insurance. Rural locations tend to have a lower frequency of collision claims than densely populated cities. The graphic below illustrates how location helps determine auto insurance prices.

These examples demonstrate why all drivers should compare rates using their specific location and risk profile, instead of making a decision based on average rates.

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

Additional Rate Analysis

The chart below details average Lexus NX 300 insurance rates for additional coverage and risk scenarios.

• The best discount rate is $810
• Drivers who choose higher $1,000 deductibles will pay $180 annually
• The average rate for a 40-year-old driver who chooses $500 deductibles is $1,410
• Using low deductibles for comprehensive and collision insurance will increase the cost to $1,764
• Drivers who are prone to accidents and violations could pay around $3,064
• The cost for full coverage for a 16-year-old driver can cost $5,346 a year

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 physical damage deductibles and liability limits.

More mature drivers with no violations or accidents and high deductibles may pay as low as $1,300 per year on average for full coverage. Rates are much higher for teen drivers, where even good drivers should be prepared to pay in the ballpark of $5,300 a year. View Rates by Age

Where you live makes a big difference in Lexus NX 300 insurance prices. A 40-year-old driver could pay as low as $1,020 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,910 on average in New York, Michigan, and Florida.

View Chart as Image

Using high physical damage deductibles could save up to $540 annually, whereas increasing liability limits will push rates upward. Moving from a 50/100 limit to a 250/500 limit will cost as much as $411 more each year. View Rates by Deductible or Liability Limit

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

How to Find the Right Lexus NX 300 Insurance

Saving money on insurance for a Lexus NX 300 not only requires being a good driver, but also having a good credit history, eliminating unnecessary coverage, and consideration of higher deductibles. Invest time comparing rates at every other renewal by obtaining price quotes from direct companies like GEICO and Progressive, and also from several local insurance agents.

The following list is a quick rundown of the concepts that were covered in the charts and tables above.

• Drivers considered higher risk with reckless driving or DUI convictions pay on average $1,650 more per year than a safer driver
• Drivers age 16 to 20 are the costliest to insure, with premiums as much as $446 per month including comprehensive and collision insurance
• You may be able to save around $170 per year just by quoting online in advance
• Increasing deductibles can save around $525 each year
• You may be able to save around $170 per year just by quoting online in advance