- Lexus NX 350 car insurance rates average $1,770 per year (about $148 per month) for full coverage, but can vary based on deductibles and policy limits.
- The cheapest NX 350 to insure is the AWD model at an estimated $1,710 per year. The most expensive is the Luxury AWD model at $1,824 annually.
- The NX 350 ranks ninth out of 37 vehicles in the 2023 compact luxury SUV class for auto insurance affordability.
How much does Lexus NX 350 insurance cost?
Lexus NX 350 insurance costs around $1,770 yearly, or $148 on a monthly basis. With the average small luxury SUV costing $1,909 a year to insure, the NX 350 is $139 cheaper.
The bar chart below breaks down a summary of car insurance rates for a 2023 Lexus NX 350 using different driver ages and risk profiles (safe driver, high-risk driver, at-fault accidents). Middle-aged drivers with good driving records have the best chance at finding cheap car insurance for a Lexus NX 350, while younger and high-risk drivers will pay higher rates.
The next table details the estimated annual and 6-month insurance policy premiums, including a monthly budget figure, for each Lexus NX 350 trim level.
| Lexus NX 350 Trim Level | Annual Policy | Six-Month Policy | Per Month |
|---|---|---|---|
| AWD | $1,710 | $855 | $143 |
| Premium AWD | $1,760 | $880 | $147 |
| F Sport Handling AWD | $1,796 | $898 | $150 |
| Luxury AWD | $1,824 | $912 | $152 |
Does NX 350 insurance cost more than similar vehicles?
When compared to other small luxury SUVs, average insurance rates for a Lexus NX 350 cost $306 less per year than the BMW X3, $220 less than the Audi Q5, and $28 less than the Mercedes-Benz GLC300.
Ranking at ninth out of 37 total comparison vehicles in the small luxury SUV class for car insurance affordability, the NX 350 costs an average of $1,770 per year for a car insurance policy with full coverage. The class average auto insurance cost is $1,909 annually, a difference of $139 per year.
The next chart shows how insurance rates for a Lexus NX 350 fare against the most popular small luxury SUVs like the Acura RDX, Volvo XC60, and the Cadillac XT4. We also included a more comprehensive table after the chart detailing average car insurance prices for the entire 37 vehicle small luxury SUV segment.
| Rank | Make/Model | Insurance Cost | Difference |
|---|---|---|---|
| 1 | Acura RDX | $1,472 | -$298 |
| 2 | Cadillac XT4 | $1,592 | -$178 |
| 3 | Volvo XC40 | $1,622 | -$148 |
| 4 | Lexus UX 250h | $1,650 | -$120 |
| 5 | Mercedes-Benz GLA250 | $1,712 | -$58 |
| 6 | Mercedes-Benz GLB 250 | $1,718 | -$52 |
| 7 | Lexus NX 250 | $1,740 | -$30 |
| 8 | Lexus NX 350h | $1,760 | -$10 |
| 9 | Lexus NX 350 | $1,770 | -- |
| 10 | Lincoln Corsair | $1,772 | $2 |
| 11 | Lexus NX 450h | $1,776 | $6 |
| 12 | BMW X1 | $1,788 | $18 |
| 13 | Alfa Romeo Tonale | $1,790 | $20 |
| 14 | Mercedes-Benz GLC300 | $1,798 | $28 |
| 15 | Lexus RZ 450e | $1,802 | $32 |
| 16 | Volvo XC60 | $1,806 | $36 |
| 17 | Audi Q3 | $1,820 | $50 |
| 18 | Land Rover Evoque | $1,828 | $58 |
| 19 | Volvo C40 | $1,846 | $76 |
| 20 | Infiniti QX55 | $1,908 | $138 |
| 21 | Mercedes-Benz GLA35 AMG | $1,914 | $144 |
| 22 | Genesis GV70 | $1,944 | $174 |
| 23 | Mercedes-Benz EQB 300 | $1,954 | $184 |
| 24 | Genesis GV60 | $1,958 | $188 |
| 25 | Mercedes-Benz GLA45 AMG | $1,968 | $198 |
| 26 | Alfa Romeo Stelvio | $1,978 | $208 |
| 27 | Audi Q5 | $1,990 | $220 |
| 28 | Land Rover Range Rover Velar | $1,996 | $226 |
| 29 | Mercedes-Benz EQB 350 | $2,000 | $230 |
| 30 | BMW X4 | $2,038 | $268 |
| 31 | Land Rover Defender | $2,044 | $274 |
| 32 | Jaguar F-Pace | $2,054 | $284 |
| 33 | Audi Q4 | $2,066 | $296 |
| 34 | Porsche Macan | $2,070 | $300 |
| 35 | BMW X3 | $2,076 | $306 |
| 36 | Jaguar I-Pace | $2,194 | $424 |
| 37 | Aston Martin DBX | $3,424 | $1,654 |
Another useful comparison is to see how average insurance cost compares between the NX 350 and the compact luxury SUVs with the most similar MSRP or sales price.
A Lexus NX 350 has an average MSRP of $47,415 and ranges from $43,515 to $50,965.
The vehicles in the compact luxury SUV segment closest in cost to the Lexus NX 350 for the 2023 model year are the Mercedes-Benz GLC300, Volvo XC40, Acura RDX, and Lexus NX 350h.
The list below shows how those models compare to a Lexus NX 350 by both average MSRP and insurance policy cost.
- Lexus NX 350 vs. Mercedes-Benz GLC300 – With an average price of $47,400 and ranging from $43,850 to $52,500, the 2023 Mercedes-Benz GLC300 costs $15 less than the average sticker price for the Lexus NX 350. Expect to pay an average of $28 more every 12 months to insure the Mercedes-Benz GLC300 compared to a NX 350.
- Lexus NX 350 vs. Volvo XC40 – The 2023 Volvo XC40 has an average sticker price of $47,728, ranging from $43,850 to $60,595, which is $313 more expensive than the average cost of the Lexus NX 350. Car insurance for the Volvo XC40 costs an average of $148 less annually than the Lexus NX 350.
- Lexus NX 350 vs. Acura RDX – New off the lot, the sticker price on the 2023 Acura RDX averages $415 less than the Lexus NX 350 ($47,000 compared to $47,415). Anticipate paying around $298 less each year to insure the Acura RDX compared to a NX 350.
- Lexus NX 350 vs. Lexus NX 350h – The Lexus NX 350h has an average sticker price of $46,938 ($43,105 to $51,055), which is $477 cheaper than the average sticker price for the Lexus NX 350. Expect to pay around $10 less every 12 months to insure the Lexus NX 350h compared to a NX 350.
