Lexus NX 300 Insurance Rates

The average insurance prices for a Lexus NX 300 are $1,450 every 12 months with full coverage. Comprehensive costs approximately $292, collision insurance costs $548, and liability is $452. Liability-only coverage costs around $504 a year, and high-risk coverage costs around $3,152. Teen drivers cost the most to insure at up to $5,468 a year.

Average premium for full coverage: $1,450

Policy rates by type of insurance:

Full coverage includes $500 physical damage insurance deductibles, 30/60 liability coverage, and includes medical and UM/UIM coverage. Prices are averaged for all U.S. states and for different NX 300 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can make a big difference on the price of insurance. Rural locations are shown to have more infrequent collision claims than larger metro areas. The price range example below illustrates how rural and urban location affects auto insurance prices.

The examples above demonstrate why anyone shopping for car insurance should compare rates quotes using their specific location and their own driving history, instead of making a decision based on price averages.

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

More Rate Details

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

• The lowest rate with discounts is $830
• Raising to $1,000 deductibles will save $190 annually
• The average price for a good driver age 40 who chooses $500 deductibles is $1,450
• Choosing more expensive low deductibles increases the price to $1,822
• Drivers with multiple violations and an at-fault accident could pay around $3,152
• Policy cost to insure a 16-year-old driver with full coverage can cost $5,468

View Chart as Image

Insurance rates for a Lexus NX 300 also range considerably based on liability limits and deductibles, your driving record, and the model of your NX 300.

Choosing high deductibles can reduce rates by up to $570 annually, while increasing your policy's liability limits will push rates upward. Moving from a 50/100 liability limit to a 250/500 limit will raise rates by up to $407 more each year. View Rates by Deductible or Liability Limit

An older driver with no violations or accidents and higher deductibles may pay as low as $1,400 every 12 months on average, or $117 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers should be prepared to pay in the ballpark of $5,400 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you may be forking out anywhere from $1,700 to $2,400 additional every year, depending on your age. High-risk driver insurance is expensive and can cost from 44% to 131% more than average. View High Risk Driver Rates

Your home state also has a big influence on Lexus NX 300 insurance prices. A middle-age driver might find rates as low as $1,050 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,960 on average in New York, Michigan, and Florida.

View Chart as Image

How to Shop for More Affordable Lexus NX 300 Insurance

Finding cheaper rates on insurance for a Lexus NX 300 consists of being a low-risk driver, having above-average credit, not filing small claims, and consideration of higher deductibles. Set aside time to shop around every year by requesting quotes from direct companies, and also from insurance agencies where you live.

The items below are a summary of the coverage data raised in the charts and tables above.

• You may be able to save around $180 per year just by shopping early and online
• Increasing comprehensive and collision deductibles could save as much as $550 each year
• Teen drivers are the costliest to insure, as much as $456 each month if full coverage is included
• Drivers considered higher risk who have multiple accidents or major violations could be forced to pay on average $1,700 more per year to insure their NX 300