Lexus NX 350h Insurance Cost for 2023

• Lexus NX 350h car insurance rates average $1,806 per year (about $151 per month) for full coverage.
• When compared to other small luxury SUVs, the Lexus NX 350h is one of the cheaper small luxury SUVs to insure, costing $154 less per year on average.

How much does Lexus NX 350h insurance cost?

The average driver should plan on paying around $1,806 per year for full coverage insurance on a Lexus NX 350h, which is equal to $151 a month.

If the average policy is broken down into individual coverages, comprehensive (or other-than-collision) coverage will cost approximately $428 a year, collision insurance is approximately $882, and the remaining liability and medical coverages cost approximately $496.

The bar chart below details how Lexus NX 350h car insurance prices can change with driver age and selected policy deductibles. Prices in the example range from the cheapest cost of $1,356 per year for a 60-year-old driver with a deductible of $1,000 to the most expensive rate of $4,232 per year for a 20-year-old driver with $250 deductibles.

Is Lexus NX 350h insurance expensive?

The Lexus NX 350h ranks eighth out of 37 competing vehicles in the compact luxury SUV class for the most affordable insurance cost. The NX 350h costs an average of $1,806 per year for full coverage auto insurance, while the class average is $1,960 annually, a difference of $154 per year.

Average car insurance prices for a Lexus NX 350h cost $326 less per year than the BMW X3, $236 less than the Audi Q5, and $38 less than the Mercedes-Benz GLC300.

The chart displayed below shows how well insurance cost for the NX 350h compares to the best-selling small luxury SUVs like the Acura RDX, Volvo XC60, and the Cadillac XT4. An expanded table is also displayed following the chart detailing insurance costs for the entire 37 vehicle small luxury SUV segment.