How Much Does 2003 Nissan 350Z Insurance Cost?

Trying to find better insurance rates for your Nissan 350Z? Purchasing discount insurance online is somewhat intimidating for consumers new to buying their insurance on the web. With dozens of companies, how are consumers able to possibly compare every possible option in order to find the cheapest available price?

How insurance providers determine Nissan 350Z insurance rates

Part of the insurance buying process is learning the rating factors that play a part in calculating the price you pay for insurance. If you understand what impacts premium levels, this enables you to make decisions that can help you get better insurance rates. Many different elements are part of the calculation when pricing auto insurance. A few of the factors are predictable such as your driving record, but other factors are less apparent such as whether you are married or how financially stable you are.

  • Cheap premiums for being claim-free – If you file a lot of claims you shouldn’t be surprised to get higher rates. Auto insurance companies generally give discounts to drivers who are not frequent claim filers. Insurance coverage is intended for claims that pose a financial burden.
  • Insurance rates and age – Inexperience drivers have been known to be more careless when driving so insurance rates are higher. Adding a teenage driver onto a policy will cause a huge premium hike. More experienced drivers are viewed as being more responsible, are lower risk to insure , and are generally more financially stable.
  • Deter vehicle theft – Buying a car with an alarm system can help lower your rates. Systems that thwart theives like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system help track and prevent your vehicle from being stolen.
  • Adjust deductibles and save – Deductibles for physical damage represent how much money you are willing to pay if the claim is covered. Coverage for physical damage, aka comp and collision, protects your car from damage. A few examples of covered claims are colliding with a stationary object, fire damage, and damage caused by road hazards. The more expense you have to pay, the less your insurance will be on 350Z insurance.
  • Reduce rates by driving vehicles with better crash test results – Cars with five star safety ratings tend to have lower insurance rates. Safer cars reduce injuries and lower rates of occupant injuries means your insurance company pays less passed on to you as lower rates. If your Nissan 350Z is rated at a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
  • Marriage can lower costs – Having a wife or husband actually saves money compared to being single. Having a significant other usually means you are more stable financially and statistics show drivers who are married are more cautious.

How to compare auto insurance rate quotes

To find cheap car insurance quotes, there are several ways to get quotes from many auto insurance companies in your state. The recommended way to compare rates is simply to get online rate quotes. This can be accomplished in a couple minutes as outlined below.

  • One of the simplest ways to find low rates is a comparison rater form click here to open form in new window. This type of form eliminates the need for boring form submissions for every prospective company. One form submission gets coverage cost estimates from multiple companies. Just one form and you’re done.
  • Another way to obtain and compare quotes online is to take the time to go to the website for every company you want to comare and get a separate price quote. For sake of this example, we’ll pretend you want to compare Auto-Owners, Progressive and State Farm. To find out each rate you need to go to each individual site and punch in your information repeatedly, and that explains why we recommend the first method. For a handy list of car insurance company links in your area, click here.

The approach you take is up to you, just be sure to compare nearly identical coverage limits and deductibles for each quote you get. If the quotes have different deductibles then you won’t be able to make a fair comparison for your Nissan 350Z. Quoting even small variations in coverage limits may result in a large different in cost. And when price shopping your coverage, comparing more quotes provides better odds of finding a lower rate. Not every company allows you to get prices over the internet, so you need to compare prices from those companies as well.

Do drivers who switch really save $431 a year?

State Farm, Geico and Progressive continually stream ads in print and on television. All the companies have a common claim about savings if you switch your insurance coverage policy to them. How does every company make almost identical claims?

Insurance coverage companies have an ideal profile for the right customer that will be a good risk. One example of a driver they prefer might be described as between the ages of 30 and 45, has a clear driving record, and has excellent credit. Anybody that matches those criteria will probably get cheap rates and is almost guaranteed to save a lot of money.

Potential insureds who fall short of these standards will probably be forced to pay a higher premium which translates to the customer not purchasing. If you pay attention, the ads say “customers that switch” but not “all drivers who get quotes” can get the lowest rates when switching. That’s why companies can truthfully make the claims of big savings.

Because each company has a different risk profile, you need to do a rate comparison at every renewal. Because without a comparison, you cannot know the company that will have the best rates at this point in time.

Discounts to earn cheaper insurance rates

Some insurers don’t list all available discounts in a way that’s easy to find, so the list below contains both well-publicized and the harder-to-find credits that may apply to you.

  • Resident Student – Youth drivers living away from home attending college and won’t have access to an insured vehicle could get you a discount.
  • Defensive Driver Discounts – Taking part in a defensive driver class could possibly earn you a 5% discount and easily pay for the cost of the class.
  • Accident Forgiveness – This one is not really a discount per se, but companies like Progressive, Allstate, and Geico allow you one accident without getting socked with a rate hike with the catch being you have to be claim-free for a certain period of time.
  • Employee of Federal Government – Employees or retirees of the government can save as much as 8% on 350Z insurance but check with your company.
  • Renewal Discounts – Some companies give discounts for renewing your policy before your current coverage expires. You may see this discount when you get car insurance quotes online.
  • Passive Restraint Discount – Factory options such as air bags or automatic seat belts may get savings of more than 20%.
  • Good Grades Discount – This discount can save 20 to 25%. Earning this discount can benefit you up to age 25.
  • Discount for Multiple Policies – If you can bundle your homeowners and auto insurance with one insurance company you could get a discount of up to 20% off your total premium.
  • Sign Online – A few larger online companies will give you a small discount shop car insurance on their website.
  • Driver’s Ed – Cut your cost by having your teen driver complete a driver education course in school or through a local driver safety program.

Discounts lower rates, but some credits don’t apply the the whole policy. A few only apply to the cost of specific coverages such as comprehensive or collision. So even though you would think all those discounts means the company will pay you, you won’t be that lucky.

The best insurance companies and the discounts they provide include:

  • Progressive offers discounts including multi-vehicle, multi-policy, homeowner, continuous coverage, good student, and online signing.
  • SAFECO may include discounts for anti-theft, multi-car, teen safety rewards, homeowner, and bundle discounts.
  • American Family may have discounts that include defensive driver, Steer into Savings, accident-free, multi-vehicle, mySafetyValet, good student, and air bags.
  • MetLife includes discounts for multi-policy, accident-free, claim-free, good student, defensive driver, good driver
  • Geico offers discounts for membership and employees, daytime running lights, military active duty, five-year accident-free, and multi-vehicle.
  • The Hartford may offer discounts for bundle, good student, defensive driver, vehicle fuel type, and anti-theft.

If you want low cost car insurance quotes, ask all the companies which discounts you may be entitled to. Some credits might not apply in your area. If you would like to see a list of companies who offer free insurance quotes, click this link.

Tailor your car insurance coverage to you

When it comes to choosing coverage for your vehicles, there is no cookie cutter policy. Your needs are not the same as everyone else’s.

These are some specific questions could help you determine whether your personal situation would benefit from an agent’s advice.

  • Am I covered by my spouse’s policy after a separation?
  • When should my teen driver be added to my policy?
  • What can I do if my company won’t pay a claim?
  • Are rock chip repairs covered?
  • Do I need motorclub coverage?
  • Am I covered when driving in Canada or Mexico?

If you don’t know the answers to these questions, you may need to chat with a licensed insurance agent. To find an agent in your area, take a second and complete this form.

Auto insurance coverage information

Knowing the specifics of your policy aids in choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy.

Collision protection

Collision coverage covers damage to your 350Z from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like hitting a mailbox, sideswiping another vehicle, crashing into a building, hitting a parking meter and sustaining damage from a pot hole. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to choose a higher deductible to bring the cost down.

Uninsured and underinsured coverage

This gives you protection when other motorists are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Normally these coverages are set the same as your liablity limits.

Comprehensive coverages

This coverage covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for claims such as falling objects, hitting a bird, hitting a deer and a tree branch falling on your vehicle. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Coverage for medical payments

Coverage for medical payments and/or PIP reimburse you for short-term medical expenses for things like hospital visits, doctor visits and ambulance fees. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants in addition to any family member struck as a pedestrian. PIP is not universally available and gives slightly broader coverage than med pay

Liability insurance

Liability coverage protects you from damages or injuries you inflict on people or other property by causing an accident. This insurance protects YOU from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 50/100/50 that means you have $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Occasionally you may see one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims like repair bills for other people’s vehicles, funeral expenses and attorney fees. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Do the work, save more money

There are still a few companies who don’t offer rates over the internet and most of the time these smaller companies sell through independent agents. Lower-priced insurance coverage is possible from both online companies and also from your neighborhood agents, so compare prices from both to have the best chance of lowering rates.

When getting car insurance quotes online, do not skimp on critical coverages to save a buck or two. Too many times, drivers have reduced liability limits or collision coverage only to regret that the savings was not a smart move. Your focus should be to purchase plenty of coverage at the best possible price but still have enough coverage for asset protection.

Drivers change insurance companies for any number of reasons including unfair underwriting practices, poor customer service, delays in responding to claim requests or even not issuing a premium refund. It doesn’t matter what your reason, finding the right insurance coverage provider is actually quite simple.

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