Lexus NX Car Insurance: How Much Should You Expect to Pay?

Quick Facts

• A Lexus NX is more expensive to insure compared to the average SUV.
• Liability only insurance prices for a NX come in at around $74 a month, while full coverage normally averages about $172 per month.
• Freedom is the most affordable car insurance company for a NX with a national average of just $41 a month for liability only coverage.

NX Overview

With a base price of just $37,510 for 2021 models, the Lexus NX is a great SUV for all budgets. There are two different trim levels currently available, so every driver can find an option to match their style.

We ran through thousands of auto insurance quotes on Compare.com, and we've found that average Lexus NX car insurance premiums run around $158 per month. But where does that fall compared to the rest of the market?

How Much is Car Insurance for a Lexus NX?

You'll see in the table above that Lexus NX insurance rates are right about average compared to other vehicles on the road. On average, NX owners will pay around $74 monthly for liability insurance, and about $172 per month for full coverage, which has comprehensive and collision coverages in addition to liability (our guide, "State Minimum vs. Full Coverage", can give you more information on the difference between these types of insurance).

Comparing it to other models, the NX is matches the other vehicle types offered by Lexus. Similarly, compared to other vehicles of a similar body style, NX coverage runs close to average, with liability insurance prices $6 cheaper than other SUVs and full coverage insurance premiums coming in $21 higher.

The Lexus NX also has average rates when comparing it to vehicles of any body type, no matter what make, model, or body style they are.

Who has the Cheapest Car Insurance for a Lexus NX?

If you're browsing for an auto insurance policy for a Lexus NX, you might be wondering which carrier offers the lowest rates. Even though costs will typically be pretty different from driver to driver, Mile Auto offers the cheapest average rates for liability only coverage, with rates as little as just $36 monthly. The runner up for lowest rates is StateAuto, with insurance policies starting sometimes as little as $37 a month.

The third, fourth, and fifth carriers on the list are NationalGeneral, Freedom, and Verti. However, just because these five companies offer the lowest average rates doesn't necessarily mean they'll be the cheapest carriers for you and your unique insurance profile.

After all, your results might be different, since auto insurance companies look at multiple different variables when calculating rates. The only way to guarantee you'll find the most affordable rates is to compare quotes from many insurance carriers.

What Factors Affect Car Insurance Rates for a Lexus NX?

There are several pieces that car insurance companies look at to calculate how much they charge you for a policy -- and each company uses a different method, so there's not just one carrier that's the cheapest for every driver.

The sections below show a bunch of factors auto insurance carriers use to calculate rates:

Vehicle Age

The Lexus NX has been around for a while, so vehicle age may play a big role in what you end up paying for insurance. Generally, older cars will be cheaper to insure because they're worth less than newer models, and as time goes on and NXs begin to depreciate, insurance costs will gradually go down.

Based on the above table, the Lexus NX does not follow this trend, as the most expensive models to insure are those that are 6 to 7 years old, while the cheapest NXs are 1 year old or less, on average.

Your Age

Age is another factor that plays a role in how much car insurance companies will charge for auto insurance. Based on the information in the table above, younger drivers pay more expensive prices compared to drivers with more experience. In this case, drivers aged between 18 and 24 pay $23 more than those 25 or older.

Insurance prices continue to decrease as you get older, with the cheapest age group for NX drivers being 65 years and older.

Your Gender

You may not know, but insurance is usually cheaper for women than it is for men. This is because men are more likely to get into collisions and get speeding tickets, which raises the chances of an insurance claim. The Lexus NX is no different, and men pay around $80 monthly for car insurance, while women pay about $68.

Where You Live

You were probably already aware that things such as what vehicle you drive and how old you are play a role in your auto insurance rates, but did you know that where you live has just as much of an impact? Car insurance is regulated on the state level and not nationally, so premiums vary quite a bit depending on which state you're located in.

For example, the average Lexus NX driver in New York pays around $224 per month for liability coverage, while on average, the same owner in California will pay only a quarter of that price. The chart shows average rates for the top 10 most populous states, just to give you a good idea of how much premiums can change across states.

Lexus NX Car Insurance Discounts

Regardless of your age, your home state, or your car, using as many discounts as possible when it comes to your insurance policy is always a smart move.

While no two auto insurance carriers offer the same exact discounts, there are a few that you'll find with most insurers. These include things like:

• Pay-in-full discounts for drivers who agree to pay their entire policy premium at once, rather than in monthly installments
• Multi-policy discounts for using the same insurance company for both your home and auto insurance
• Multi-car discounts for having more than one vehicle on your auto policy
• Defensive driving discounts for drivers who take a defensive driving class from a certified school or institution

There are countless ways to save money on your car insurance if you know where to look. Some of the best ways to save are just by having a positive insurance profile and good driving record.

While you don't have control over every variable auto insurance companies examine to calculate prices (like some of the ones mentioned above), there are quite a few that you can influence. Below are just a few of the ones you can use to your favor when it comes to cost savings:

Your Driving Record

It's no secret that car insurance carriers offer the lowest premiums to drivers with clean records. It shouldn't come as a surprise that your insurance prices will increase if you get into a collision or get tickets for speeding. But how much will they cost you?

As you can tell from the table above, accidents will usually cost NX drivers more than tickets, but both will result in a raise in rates. Lexus NX drivers with a single accident on their record pay an average of $70 every month, while drivers with one ticket will pay about $48 a month. Those with more than one of either violation will end up paying even more.

How Much You Drive

Another factor that affects your car insurance rates is the total amount of miles you drive. Those who drive less often have fewer opportunities to get into an accident, so they'll normally be offered more affordable prices. In the table above, you can see that Lexus NX owners who drive 10,000 miles or more pay $70 for insurance, while those who drive fewer than 2,500 miles a year pay an average of $59 monthly.

But if you don't drive much because you work from home or have a second vehicle, it may be worth considering pay-per-mile or usage-based auto insurance. With these plans, you pay a small base rate each month, with your final monthly bill being calculated based on how many miles you drove.

How Do Lexus NXs Compare to Other Vehicles?

If you're thinking about buying a new SUV and a Lexus NX is on your shortlist, you're probably wondering how it compares to other vehicles. Auto insurance is just one cost that's associated with buying a new car, but it's guaranteed to be one that's worth taking into consideration.

Visit the table below to see how the Lexus NX stacks up:

As you can see, the Lexus NX is pretty much in line with the average vehicle price here in the U.S. The NX's $46,296 base MSRP is right on trend with the national average of $37,510.

Liability insurance for a Lexus NX is about $13 per month less than average, while full coverage is over $30 more per month.

When it comes to usage, Lexus NX drivers are much lower than the national average in annual miles driven, with 9,495 miles per year compared to 11,617 for all vehicles.

Lexus NX Car Insurance Costs by Model Year

We've walked through many of the variables that can affect a driver's insurance premiums. If you're in the market for a new car, truck, or SUV and the NX is on your wishlist, having a good idea of how much you'll likely pay is extremely valuable as you weigh your choices.

2021 Lexus NX Car Insurance

On average, drivers who own a 2021 Lexus NX can expect to pay $68 to $202 a month for liability only and full coverage auto insurance, respectively.

Amica has prices as little as $32 per month for the 2021 Lexus NX.

Want something more accurate than nationwide averages? Get a variety of personalized quotes for free by just entering your ZIP code below.

2020 Lexus NX Car Insurance

It costs around $69 monthly for liability or $192 for a full coverage policy for the 2020 NX.

We found DirectGeneral offered the most affordable policy, with rates as cheap as just $26 a month.

If you want to find the best premiums for insurance for a 2020 Lexus NX, enter your ZIP code below and compare numerous personalized quotes in just a few minutes.

2019 Lexus NX Car Insurance

2019 Lexus NX drivers can expect to pay an average of $80 monthly for liability or $167 for full coverage.

Hugo offered the lowest policy we found, with rates sometimes as low as $17 per month.

If you want to know just how much your price will be, just enter your ZIP code below and get free quotes in minutes.

2018 Lexus NX Car Insurance

You can expect full coverage for a 2018 NX to run about $207 a month, while liability only coverage will average around $79 per month.

Looking for the most affordable policy? Hugo offered liability only coverage for sometimes as cheap as $28 monthly.

If you want to find the best rates for car insurance for a 2018 Lexus NX, enter your ZIP code below and compare multiple personalized quotes in just a few minutes.

2017 Lexus NX Car Insurance

The average cost to insure a 2017 Lexus NX with liability only coverage is $80 a month, while full coverage runs about $173 monthly.

With premiums as low as $32 per month, Mile Auto offered the cheapest policy we found.

Want to find the lowest rates? Just enter your ZIP code below to get multiple free customized quotes.

2016 Lexus NX Car Insurance

It costs around $64 a month for liability or $140 for a full coverage policy for the 2016 NX.

With prices as cheap as $24 monthly, MetroMile offered the cheapest policy we found for the 2016 Lexus NX.

While these are good estimates of what the average driver might pay to insure a 2016 Lexus NX, these rates might differ based on your driver profile. Just enter your ZIP code below, to get free personalized quotes in minutes.

2015 Lexus NX Car Insurance

The average cost to insure a 2015 Lexus NX with liability only coverage is $81 per month, while full coverage runs about $150 a month.

If you're looking for the lowest possible 2015 Lexus NX insurance policy, Mapfre offered the most affordable policy we found, with rates as low as just $23 monthly.

If you want more accurate quotes of how much you can expect to pay, just enter your ZIP code below and get free quotes in minutes.

Lexus NX Insurance FAQs

Is a Lexus NX expensive to insure?

The Lexus NX is more expensive to insure compared to the average vehicle. Liability insurance runs an average of $74 per month, while full coverage will cost you around $172.

How can I get the best price on car insurance for my Lexus NX?

There's only one way to make sure you're getting the lowest rates -- regularly shopping around and getting quotes. Over time, your driver profile changes, so it's a good rule of thumb to review quotes every 6 months or so. Luckily, sites like Compare.com let you compare prices from a whole range of companies at once, meaning you can find the most affordable rates (or guarantee you already have the best deal) for free.

Does the color of my Lexus NX affect my insurance premiums?

You've probably heard the old adage that red cars cost more to insure than cars of other colors, but that's simply not true. Although there are many factors auto insurance carriers think about when they calculate your rates, your Lexus NX's color is not factored into that decision.

Do I need to have insurance before I buy a Lexus NX?

You'll need to have valid car insurance for your vehicle before you can legally drive your it off the dealership lot. Some dealerships will offer you an insurance policy as part of the buying process, but the best thing to do when buying a a new SUV is to talk with your insurance carrier before you buy.

What car insurance discounts can I get for my Lexus NX?

You will find a ton of discounts out there when it comes to auto insurance. Many of them (like "safe driver discounts" and "multi-vehicle discounts") are more based on you than the car you drive, but if your NX has safety features like anti-lock brakes, airbags, anti-theft systems, and other features, it may qualify for certain discounts. The only way to know for sure is to reach out to your insurance company and ask about which discounts they offer.