Lexus NX 450h Insurance Cost for 2023

• Lexus NX 450h insurance costs an average of $1,776 per year, or around $148 per month, for full coverage.
• The cheapest NX 450h model to insure is the Plug-in Hybrid AWD model at $1,770 per year.
• The NX 450h Plus-in Hybrid F Sport Handling AWD is the most expensive to insure at $1,780 per year.
• Insurance for the NX 450h costs 7% less than the average rate for similar luxury SUV models.

How much does Lexus NX 450h insurance cost?

Plan on budgeting an average of $1,776 a year for full coverage to insure a Lexus NX 450h. For the average policy, collision insurance costs around $856 a year, liability and medical coverage costs around $484, and the remaining comprehensive (or other-than-collision) coverage will cost around $436.

The price summary chart below details how NX 450h car insurance costs can differ based on driver age group and a range of policy deductibles. Premiums range from $1,330 per year for a 60-year-old driver with high physical damage deductibles to the highest cost estimate of $4,148 per year for a 20-year-old driver with low policy deductibles.

The next table displays the estimated annual and 6-month policy costs, including a monthly amount for budgeting, for each Lexus NX 450h package and trim.

Is insurance expensive on a Lexus NX 450h?

The Lexus NX 450h ranks 11^th out of 37 comparison vehicles in the small luxury SUV segment for most affordable car insurance cost. The NX 450h costs an estimated $1,776 per year to insure for full coverage, while the segment average car insurance cost is $1,909 per year, a difference of $133 per year.

When compared side-by-side to other popular small luxury SUVs, auto insurance rates for a Lexus NX 450h average $300 less per year than the BMW X3, $214 less than the Audi Q5, and $22 less than the Mercedes-Benz GLC300.

The following chart shows how average NX 450h car insurance cost compares to the most popular compact luxury SUVs. A table is also included after the chart that illustrates insurance rate comparisons for all 37 models in the segment, with the NX 450h ranked and highlighted at 11^th.

Additional rates and discounts

More noteworthy data insights regarding the cost of insurance for a Lexus NX 450h include:

• Your employment could reduce your rates. The vast majority of auto insurance providers offer discounts for earning a living in occupations like architects, high school and elementary teachers, dentists, nurses, doctors, and others. Working in a qualifying occupation may save between $53 and $178 on your yearly NX 450h insurance bill, subject to the policy coverages selected.
• Negligent driving raises insurance rates. Having frequent accidents may increase rates, as much as $2,486 per year for a 20-year-old driver and even as much as $532 per year for a 60-year-old driver.
• Good credit scores mean better rates. Drivers with high 800+ credit scores could save a minimum of $279 per year versus a lower credit score of 670-739. Conversely, a mediocre credit score could cost around $323 more per year.
• Driver gender affects car insurance rates. For a 2023 Lexus NX 450h, a 20-year-old male driver receives an average rate of $3,540 per year, while a 20-year-old female driver pays an estimated $2,612, a difference of $928 per year. The females get the cheaper rate by far. But by age 50, the cost for a male driver is $1,618 and the cost for a female driver is $1,584, a difference of only $34.
• Policy discounts mean cheaper NX 450h insurance. Discounts may be available if the policyholders are military or federal employees, belong to certain professional organizations, are claim-free, insure their home and car with the same company, or many other discounts which could save the average driver as much as $300 per year on the cost of insuring a Lexus NX 450h.