Best Lexus NX 300 Auto Insurance in 2024 (Your Guide to the Top 10 Companies)

The top picks for the best Lexus NX 300 auto insurance are State Farm, Progressive, and Geico, known for their comprehensive coverage options and customer satisfaction.

These companies stand out in the competitive insurance market by offering tailored policies that match the unique needs of Lexus NX 300 owners. By comparing these providers, drivers can ensure they receive the best possible protection and service.

Our Top 10 Company Picks: Best Lexus NX 300 Auto Insurance

Choosing the right insurer is crucial for maintaining peace of mind and financial security in the event of an accident or theft. Read our detailed article titled “Does auto insurance pay if my car is stolen?”

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#1 – State Farm: Top Overall Pick

Pros

• Bundling Policies: State Farm offers significant discounts for bundling Lexus NX 300 auto insurance with other policies.
• High Low-Mileage Discount: Owners of Lexus NX 300 benefit from State Farm’s substantial discounts for low-mileage usage.
• Wide Coverage: State Farm provides a range of coverage options specifically tailored for Lexus NX 300 owners’ needs. Wondering about their level of customer service? Find out in our article titled State Farm company review.

Cons

• Limited Multi-Policy Discount: For Lexus NX 300 owners, State Farm’s multi-policy discount is lower compared to some competitors.
• Premium Costs: Despite discounts, premiums for Lexus NX 300 coverage at State Farm may still be relatively higher.

#2 – Progressive: Best for Snapshot Program

Pros

• Snapshot Program Benefits: Progressive offers personalized rates for Lexus NX 300 drivers through their Snapshot program, potentially lowering costs based on driving behavior.
• Large Multi-Policy Discount: Progressive provides a 20% multi-policy discount, beneficial for Lexus NX 300 owners bundling their policies.
• Strong Financial Rating: With an A+ from A.M. Best, Progressive assures Lexus NX 300 owners of its financial reliability. Our complete article titled Progressive review goes over this in more detail.

Cons

• Variable Rate Adjustments: Rates for Lexus NX 300 insurance may fluctuate significantly with Progressive’s Snapshot program based on driving data.
• Customer Service Variability: Progressive’s customer service ratings can vary, potentially affecting Lexus NX 300 owners during claims.

#3 – Geico: Best for Affordable Rates

Pros

• Competitive Pricing: Geico offers some of the most affordable rates for Lexus NX 300 insurance. Learn more about Geico’s rates in our article titled Geico auto insurance company review.
• Efficient Online Services: Lexus NX 300 owners can manage their policies and claims efficiently through Geico’s advanced online platforms.
• High Customer Satisfaction: Geico’s high ratings in customer satisfaction ensure a positive experience for Lexus NX 300 insurance holders.

Cons

• Lower Multi-Policy Discounts: At only 10%, Geico’s multi-policy discount for Lexus NX 300 insurance is less competitive.
• Basic Coverage Options: Some Lexus NX 300 owners might find Geico’s coverage options less comprehensive compared to others.

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#4 – Allstate: Best for Personalized Service

Pros

• Customized Coverage: Allstate offers personalized coverage adjustments for Lexus NX 300, catering to individual needs.
• Local Agent Network: Extensive local agent support ensures personalized service for Lexus NX 300 insurance holders.
• Discounts for Safe Driving: Allstate rewards Lexus NX 300 drivers with discounts for safe driving practices. Find more information about Allstate’s rates in our article titled review of Allstate insurance.

Cons

• Higher Premiums: Allstate’s premiums for Lexus NX 300 may be higher, especially without bundling.
• Average Multi-Policy Discount: The 13% multi-policy discount may not be as attractive for Lexus NX 300 owners seeking to bundle services.

#5 – Nationwide: Best for Comprehensive Coverage

Pros

• Broad Coverage Options: Nationwide offers extensive and comprehensive insurance options for Lexus NX 300 owners.
• Vanishing Deductible: Nationwide rewards Lexus NX 300 drivers with a vanishing deductible for safe driving over time. Explore more add-on options in our article titled Nationwide auto insurance review.
• Strong Financial Stability: With an A+ rating from A.M. Best, Nationwide provides financial security for Lexus NX 300 insurance claims.

Cons

• Costly Premiums: Premiums at Nationwide can be higher for comprehensive coverage options for Lexus NX 300.
• Policy Adjustment Fees: Lexus NX 300 owners might face fees for adjustments or cancellations of policies at Nationwide.

#6 – Liberty Mutual: Best for Customizable Policies

Pros

• Tailored Policies: Liberty Mutual offers highly customizable policy options for Lexus NX 300 insurance, allowing owners to tailor coverage to their specific needs.
• Accident Forgiveness: Lexus NX 300 drivers can benefit from Liberty Mutual’s accident forgiveness program, which helps prevent rate increases after the first at-fault accident.
• Green Vehicle Discount: Owners of eco-friendly versions of the Lexus NX 300 may qualify for additional discounts from Liberty Mutual. To see monthly premiums and honest rankings, read our article titled Liberty Mutual review.

Cons

• Higher Premiums for Custom Policies: Customized policies for the Lexus NX 300 at Liberty Mutual may come at a higher cost.
• Lower Multi-Policy Discount: With only a 5% discount, multi-policy savings are less competitive for Lexus NX 300 owners at Liberty Mutual.

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#7 – Travelers: Best for Hybrid Vehicle

Pros

• Hybrid Vehicle Expertise: Travelers offers specialized insurance rates and coverage for hybrid versions of the Lexus NX 300, acknowledging their unique needs.
• IntelliDrive Program: Lexus NX 300 owners can utilize Travelers’ IntelliDrive program, which potentially lowers rates based on safe driving measured over 90 days.
• Gap Coverage Option: Travelers provides an option for gap insurance, which is beneficial for Lexus NX 300 owners financing their vehicles. Read more about Travelers’ ratings in our article titled Travelers insurance review.

Cons

• Restrictive IntelliDrive Terms: The IntelliDrive program may result in higher rates for Lexus NX 300 owners with less than ideal driving habits.
• Complex Claims Process: Some Lexus NX 300 owners may find Travelers’ claims process more complex compared to other insurers.

#8 – Farmers: Best for Local Support

Pros

• Dedicated Local Agents: Farmers offers robust local support through dedicated agents, providing personalized service to Lexus NX 300 owners. Take a look at our Farmers insurance company review to learn more.
• Customizable Coverage: Farmers allows for a high degree of customization in policies for the Lexus NX 300, addressing various individual preferences and needs.
• New Car Replacement: Lexus NX 300 owners benefit from Farmers’ new car replacement policy, which provides the cost of a new car of the same make and model in the event of a total loss.

Cons

• Higher Rates: Farmers’ rates for Lexus NX 300 insurance may be higher, reflecting the extensive service and coverage options.
• Limited Discounts: While offering substantial services, Farmers provides fewer discounts for Lexus NX 300 insurance compared to other insurers.

#9 – American Family: Best for Claims Handling

Pros

• Excellent Claims Service: American Family is known for its efficient claims handling, ensuring quick and fair settlements for Lexus NX 300 insurance claims.
• Loyalty Discounts: Long-term Lexus NX 300 insurance holders with American Family can enjoy significant loyalty discounts. Find out more about American Family in our article titled American Family review.
• Safety Program Discounts: American Family offers discounts for Lexus NX 300 equipped with advanced safety features, rewarding safer driving.

Cons

• Limited Availability: American Family’s insurance for the Lexus NX 300 is not available in all states, limiting options for some owners.
• Premium Costs: Despite discounts, American Family’s premium costs for Lexus NX 300 can be on the higher side depending on coverage options.

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#10 – Amica: Best for Multiple Discount

Pros

• Multiple Discounts Available: Amica offers a range of discounts for Lexus NX 300 owners, including multi-policy, loyalty, and safe driver discounts.
• High Customer Satisfaction: Known for high customer satisfaction, Amica ensures a positive insurance experience for Lexus NX 300 owners.
• Free Lock Replacement: Amica provides free lock replacement for stolen keys, adding an extra layer of security for Lexus NX 300 owners. Explore more coverage options in our article titled Amica auto insurance review.

Cons

• Coverage Cost: While offering multiple discounts, the overall cost of coverage for the Lexus NX 300 at Amica can still be relatively high.
• Policy Customization Limitations: Despite multiple discounts, some Lexus NX 300 owners may find Amica’s policy customization options limited.

Monthly Insurance Rates for Lexus NX 300: Minimum vs. Full Coverage

When selecting auto insurance for the Lexus NX 300, understanding the difference in monthly costs between minimum and full coverage options across various providers is crucial. The table below presents a comprehensive view of how much one might expect to pay for both types of coverage from leading insurance companies.

Lexus NX 300 Auto Insurance Monthly Rates by Coverage Level & Provider

For the Lexus NX 300, monthly insurance rates vary significantly between providers. Amica offers the lowest full coverage rate at $170, while State Farm presents the highest at $185 per month.

On the minimum coverage front, Amica again comes in as the most economical option at $87, contrasting with State Farm’s highest rate of $95. Check out our “Amica Auto Insurance Discounts” to learn more about the company’s customer service and claims ratings.

This spread in pricing highlights the importance of comparing rates to find the best fit for budget and coverage needs. Such comparisons ensure that Lexus NX 300 owners can secure adequate protection while managing costs effectively.

Lexus NX 300 Insurance Cost

The average Lexus NX 300 car insurance costs are $133 a month. See more details on our article titled “Cheap Lexus Auto Insurance.”

Lexus NX 300 Auto Insurance Monthly Rates by Coverage Type

The cost of insuring a Lexus NX 300 varies significantly based on factors like deductible amounts and the driver’s risk profile, with average monthly premiums around $133. Carefully comparing these rates can help drivers find the most suitable insurance coverage, balancing cost with risk management effectively.

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Are Lexus NX 300s Expensive to Insure

The chart below details how Lexus NX 300 insurance rates compare to other crossovers like the Cadillac XT4, Hyundai Tucson, and Audi SQ5. Check out insurance savings in our complete article titled “Cheap Cadillac Auto Insurance.”

Lexus NX 300 Auto Insurance Monthly Rates vs. Similar Vehicles by Coverage Type

The comparison clearly shows that while the Lexus NX 300 falls in the mid-range for insurance costs among its peers, it strikes a balance between comprehensive coverage and total value. To secure the most economical rates for your Lexus NX 300, exploring online insurance comparisons is an essential step, potentially leading to significant savings.

What Impacts the Cost of Lexus NX 300 Insurance

The monthly average cost of car insurance for Lexus NX 300 stands at $133, but your specific rate may vary based on factors like your age, the area where you live, your driving history, and the model year of your Lexus NX 300. Discover more about offerings in our article titled “Best Auto Insurance by Age.”

Age of the Vehicle

The average monthly rates for Lexus NX 300 car insurance are higher for newer models. For example, car insurance rates for a 2020 Lexus NX 300 are $133, while 2018 Lexus NX 300 rates are $130, a difference of $3.

Lexus NX 300 Auto Insurance Monthly Rates by Age of the Vehicle

The data illustrates that newer models of the Lexus NX 300 generally carry higher insurance premiums due to their increased value and repair costs. Therefore, when considering the purchase of a Lexus NX 300, it’s important to factor in the gradual decrease in insurance costs as the vehicle ages.

Driver Age

Driver age can have a significant impact on Lexus NX 300 auto insurance rates. As an example, a 40-year-old driver could pay $168 less each month for their Lexus NX 300 auto insurance compared to a 20-year-old driver. Access comprehensive insights into our article titled “Cheap Auto Insurance for 20-Year-Old.”

Lexus NX 300 Auto Insurance Monthly Rates by Age

The age of a driver significantly influences the cost of Lexus NX 300 auto insurance, highlighting the importance of considering age when budgeting for insurance expenses. As shown, a 40-year-old driver enjoys a notable monthly saving of $168 compared to their 20-year-old counterpart, demonstrating how premiums decrease as driver experience increases.

Driver Location

Where you live can have a large impact on Lexus NX 300 insurance rates. For example, drivers in Los Angeles may pay about $49 a month more than drivers in Philadelphia.

Lexus NX 300 Auto Insurance Monthly Rates by City

Geographical location significantly influences Lexus NX 300 insurance costs, as evidenced by the higher rates drivers face in Los Angeles compared to Philadelphia.

Your Driving Record

Your driving record can have an impact on your Lexus NX 300 car insurance rates. Teens and drivers in their 20’s see the highest jump in their Lexus NX 300 car insurance with violations on their driving record. Delve into our evaluation of our article “Does a physical control violation affect auto insurance rates?”

Lexus NX 300 Auto Insurance Monthly Rates by Age & Driving History

Maintaining a clean driving record is crucial, as violations can significantly increase Lexus NX 300 car insurance rates, particularly for younger drivers.

Lexus NX 300 Safety Ratings

The Lexus NX 300’s safety ratings will affect your Lexus NX 300 car insurance rates. See the chart below:

Lexus NX 300 Safety Ratings

The Lexus NX 300’s excellent safety ratings across multiple categories positively influence its insurance rates, making it a cost-effective choice for safety-conscious drivers.

Lexus NX 300 Crash Test Ratings

If the Lexus NX 300 crash test ratings are good, you could have lower Lexus NX 300 car insurance rates. See Lexus NX 300 crash test results below:

Lexus NX 300Crash Test Ratings

The superior crash test ratings of the Lexus NX 300, as detailed, can lead to more affordable car insurance rates due to enhanced safety evaluations.

Lexus NX 300 Safety Features

Good Lexus NX 300 safety features can result in insurers giving you car insurance discounts. The safety features for the 2020 Lexus NX 300 are:

• Rearview Camera
• Pre-collision System with Pedestrian Detection
• Bicyclist Detection
• Lane Departure Warning with Lane Keep Assist
• Adaptive Cruise Control and Traffic Sign Recognition

The robust safety features of the 2020 Lexus NX 300, including advanced systems like pedestrian and bicyclist detection, not only enhance driver safety but also provide the potential for substantial insurance discounts, particularly in collision insurance.

By leveraging these features, owners can significantly reduce their car insurance costs while benefiting from increased protection on the road.

Lexus NX 300 Finance and Insurance Cost

When financing a Lexus NX 300, you should account for the Lexus NX300 cost of insurance, which may be higher if purchased directly from the dealership. To secure the best rates, it’s recommended to compare quotes from trusted insurance providers.

Utilizing our free online comparison tool, you can easily assess different Lexus NX 300 car insurance rates from top companies. This approach not only helps you find the most affordable rates but also allows you to ensure that the insurance policy meets your needs, including providing adequate proof of insurance which is required for financing.

By comparing and selecting the right insurer, you can secure comprehensive coverage at a competitive price, ultimately reducing the overall cost of owning a Lexus NX 300. Unlock details in our article titled “Auto Insurance Comprehensive Claim Defined.”

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Ways to Save on Lexus NX 300 Insurance

You can save more money on your Lexus NX 300 auto insurance rates by employing any of the following five strategies.

• Provide your Lexus NX 300 VIN when requesting Lexus NX 300 auto insurance quotes.
• Remove young drivers from your Lexus NX 300 insurance plan.
• Take a defensive driving course or any driver’s education course.
• Move to an area with a lower cost of living.
• Ask about Lexus NX 300 safety discounts.

By implementing these strategies, you can significantly reduce your Lexus NX 300 auto insurance costs and tailor your policy to better fit your needs and lifestyle. Each approach offers a practical way to maximize savings while maintaining the essential coverage that keeps you protected on the road. Discover insights in our article titled “Types of Auto Insurance.”

Top Lexus NX 300 Insurance Companies

The best auto insurance companies for Lexus NX 300 car insurance rates will offer competitive rates, discounts, and account for the Lexus NX 300’s safety features. The following list of car insurance companies outlines which companies hold the highest market share.

Lexus NX 300 Auto Insurance Providers by Market Share

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