Lexus NX 350h Insurance: What to Know for 2024

How much does NX 350h insurance cost? We compare and rank average insurance rates for the hybrid Lexus 350h against other compact luxury SUVs.

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  • Lexus NX 350h car insurance rates average $1,790 per year (about $149 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 $268 less per year on average.

How much does Lexus NX 350h insurance cost?

The average driver should plan on paying around $1,790 per year for full coverage insurance on a Lexus NX 350h, which is equal to $149 a month.

If the average policy is broken down into individual coverages, comprehensive (or other-than-collision) coverage will cost approximately $472 a year, collision insurance is approximately $816, and the remaining liability and medical coverages cost approximately $502.

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 $1,248 per year for a 60-year-old driver with a deductible of $1,000 to the most expensive rate of $4,172 per year for a 20-year-old driver with $250 deductibles.

Figure 1: Average 2024 Lexus NX 350h car insurance premiums for different driver ages and policy deductibles. Rates updated on February 23, 2024.

Get Rates in Your AreaWhy is this important?

Data Methodology: Average premiums are based on a 2024 model year Lexus NX 350h. Rates assume a clean driving record and no claims or at-fault accidents. Comprehensive and collision coverage is included as well as UM/UIM and medical payments coverage. Premium amounts are averaged across all trim levels.

Lexus NX 350h Car Insurance Rates
2024 Lexus NX 350h Insurance Cost by Driver Age and Deductibles
Driver Age Policy Deductible Annual Premium Cost Per Month
20-Year-Old$1,000$3,008$251
$500$3,574$298
$250$4,172$348
30-Year-Old$1,000$1,594$133
$500$1,912$159
$250$2,242$187
40-Year-Old$1,000$1,498$125
$500$1,790$149
$250$2,094$175
50-Year-Old$1,000$1,334$111
$500$1,588$132
$250$1,848$154
60-Year-Old$1,000$1,248$104
$500$1,484$124
$250$1,730$144

Data Methodology: Rated driver has no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for the 2024 Lexus NX 350h. Updated February 23, 2024

Is Lexus NX 350h insurance expensive?

The Lexus NX 350h ranks fourth out of 38 competing vehicles in the compact luxury SUV class for the most affordable insurance cost. The NX 350h costs an average of $1,790 per year for full coverage auto insurance, while the class average is $2,058 annually, a difference of $268 per year.

Average car insurance prices for a Lexus NX 350h cost $448 less per year than the BMW X3, $320 less than the Audi Q5, and $244 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 38 vehicle small luxury SUV segment.

Figure 2: Average 2024 Lexus NX 350h car insurance premium compared to other small luxury SUV models. Rates updated on February 23, 2024.

Get Rates in Your AreaWhy is this important?

Data Methodology: Average rates are for a 2024 model year Lexus NX 350h. Rated driver is a 40-year-old married male driver with a clean driving record and no at-fault accidents. Average premium includes all Lexus NX 350h trim levels. Comprehensive and collision deductibles are $500 and rates are averaged for all U.S. states.

Insurance Cost Comparison: Lexus NX 350h vs Top 10 Small Luxury SUVs
Lexus NX 350h Insurance Cost Compared to All Small Luxury SUVs
Rank Make and Model Annual Premium Difference
1Acura RDX$1,586-$204
2Lexus NX 250$1,680-$110
3Cadillac XT4$1,712-$78
4Lexus NX 350h$1,790--
5Lincoln Corsair$1,814$24
6Mercedes-Benz GLB 250$1,816$26
7Lexus UX 250h$1,818$28
8Lexus NX 450h$1,830$40
9Mercedes-Benz GLA250$1,844$54
10Mercedes-Benz GLA35 AMG$1,856$66
11Land Rover Evoque$1,894$104
12Lexus NX 350$1,904$114
13Volvo XC40$1,910$120
14Volvo XC60$1,920$130
15Alfa Romeo Tonale$1,926$136
16Mercedes-Benz GLA45 AMG$1,936$146
17BMW X1$1,958$168
18Infiniti QX55$1,964$174
19Volvo C40$1,978$188
20BMW X2$1,986$196
21Lexus RZ 450e$2,008$218
22Mercedes-Benz EQB 300$2,018$228
23Mercedes-Benz GLC300$2,034$244
24Mercedes-Benz EQB 350$2,066$276
25Genesis GV70$2,092$302
26Audi Q3$2,102$312
27Audi Q5$2,110$320
28Alfa Romeo Stelvio$2,130$340
29Land Rover Range Rover Velar$2,156$366
30BMW X4$2,198$408
31Audi Q4$2,216$426
32BMW X3$2,238$448
33Genesis GV60$2,308$518
34Porsche Macan$2,342$552
35Jaguar I-Pace$2,370$580
36Land Rover Defender$2,464$674
37Jaguar F-Pace$2,536$746
38Aston Martin DBX$3,696$1,906

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each vehicle from the 2024 model year. Updated February 23, 2024