Lexus NX 300h Insurance Rates

Estimated insurance rates for a Lexus NX 300h are $1,282 a year for full coverage insurance. Comprehensive insurance costs on average $242 each year, collision costs $418, and liability insurance is $464. A policy with only liability insurance costs around $514 a year, with a high-risk policy costing $2,782 or more. Teenage drivers pay the most at $4,942 a year or more.

Average premium for full coverage: $1,282

Premium estimates by type of coverage:

Estimates include $500 physical damage insurance deductibles, minimum liability limits, and includes additional medical/uninsured motorist coverage. Rates include averaging for all 50 states and NX 300h models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a significant impact on insurance rates. Rural areas are statistically proven to have a lower frequency of physical damage claims than densely populated cities.

The graphic below illustrates how location helps determine car insurance rates.

These rate differences illustrate why all drivers should compare rates quotes based on a specific location and risk profile, rather than relying on average rates.

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

Additional Rate Analysis

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

• The best discount rate is $747
• Raising to $1,000 deductibles will save around $150 each year
• The average rate for a 40-year-old good driver with $500 deductibles is $1,282
• Using low deductibles will cost an extra $290 a year
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $2,782 or more
• An auto insurance policy for full coverage for a teen driver may cost $4,942

View Chart as Image

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

More mature drivers with no driving violations and high deductibles could pay as little as $1,200 every 12 months on average, or $100 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers will be charged upwards of $4,900 a year. View Rates by Age

Where you choose to live also has a big influence on Lexus NX 300h insurance rates. A middle-age driver might find prices as low as $840 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $1,730 on average in Michigan, New York, and Florida.

View Chart as Image

Using high physical damage deductibles can reduce prices by up to $440 each year, whereas increasing liability limits will cost you more. Switching from a 50/100 limit to a 250/500 limit will cost up to $417 extra every 12 months. 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 $1,500 to $2,100 extra annually, depending on your age. Insurance for high-risk drivers is expensive and can cost anywhere from 42% to 130% more than a normal policy. View High Risk Driver Rates

With such a large range in prices, the only way to figure out exactly what you will pay is to do a rate comparison from as many companies as possible. Every auto insurance company uses a different method to calculate prices, so rate quotes will be substantially different from one company to the next.

How to Find Low Cost Lexus NX 300h Insurance

Finding better rates on Lexus NX 300h insurance consists of being a low-risk driver, having above-average credit, paying for small claims out-of-pocket, and maximizing policy discounts. Invest time comparing rates every couple of years by getting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.

The items below are a review of the material that was covered in the charts and tables above.

• Drivers who require more liability coverage will pay an extra $510 annually to raise from 30/60 bodily injury limits to 250/500 limits
• Teen drivers are expensive to insure, with premiums being up to $412 per month if full coverage is included
• High-risk drivers who have several accidents or serious violations pay an average of $1,500 more each year to insure their NX 300h
• Increasing policy deductibles can save around $450 each year