Lexus NX 300 Insurance Rates

Estimated insurance rates for a Lexus NX 300 are $1,410 a year for full coverage insurance. Comprehensive costs on average $280 a year, collision insurance costs $516, and liability costs $456. A liability-only policy costs as little as $508 a year, and high-risk insurance costs around $3,064. Teenage drivers pay the most at up to $5,346 a year.

Average premium for full coverage: $1,410

Premium estimates by type of coverage:

Full coverage includes $500 policy deductibles, 30/60 liability coverage, and includes additional medical/uninsured motorist coverage. Rates include averaging for all 50 states and NX 300 trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location can make a big difference on insurance rates. Rural areas are statistically proven to have a lower frequency of physical damage claims than densely populated cities. The diagram below illustrates the difference between rural and urban areas on car insurance rates.

These rate differences illustrate why it is important to compare rates based on a 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 illustrates average Lexus NX 300 insurance rates for different risk profiles and scenarios.

• The best discount rate is $810
• Drivers who choose higher $1,000 deductibles will pay around $1,230 each year
• The average rate for a 40-year-old good driver with $500 deductibles is $1,410
• Using low $100 deductibles for comprehensive and collision insurance will increase the cost to $1,764
• Drivers who are prone to accidents and violations could pay upwards of $3,064
• An auto insurance policy for full coverage for a 16-year-old driver may cost $5,346 a year

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

Older drivers with a good driving record and high deductibles may pay as low as $1,300 per year on average, or $108 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers will have to pay upwards of $5,300 a year. View Rates by Age

Where you choose to live makes a big difference in Lexus NX 300 insurance prices. A 40-year-old driver could pay as low as $920 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $1,910 on average in Michigan, New York, and Florida.

View Chart as Image

Using high physical damage deductibles could save up to $540 annually, while buying higher liability limits will cost you more. Switching from a 50/100 limit to a 250/500 limit will cost up to $411 extra every year. View Rates by Deductible or Liability Limit

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

How to Find More Affordable Lexus NX 300 Insurance

Finding better rates on insurance for a Lexus NX 300 not only requires being a good driver, but also having good credit, paying for small claims out-of-pocket, and deciding if full coverage is necessary. Set aside time to compare rates every year by quoting rates from direct insurance companies like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.

The following list is a summary of the coverage data covered above.

• It is possible to save as much as $170 per year just by quoting early and online
• Increasing policy deductibles can save around $525 each year
• Drivers age 16 to 20 are charged the highest prices, with premiums being up to $446 per month if they have full coverage
• Drivers considered higher risk who have multiple accidents or major violations pay an average of $1,650 more each year than a safer driver