Lower Your 1996 Nissan 300ZX Car Insurance Cost

Trying to find better insurance rates for your Nissan 300ZX? Locating cheaper insurance online may at first seem to be difficult for people who are beginners to quoting and comparison shopping online. With so many companies in the marketplace, how can people effectively compare all the different companies and get the cheapest rates?

Consumers should take time to compare prices periodically since insurance prices fluctuate regularly. If you had the best price on 300ZX insurance two years ago you can probably find a better rate now. Ignore everything you know about insurance because you’re going to learn the quickest way to save money, get proper coverage and the best rates.

Shopping for cheaper insurance coverage can be fairly easy. In a nutshell, everyone who shops for insurance most likely will be able to lower their premiums. But drivers can benefit from knowing the way insurance companies determine prices because it can help you find the best coverage.

Where can I get low cost insurance?

To get affordable insurance quotes, there a variety of ways to obtain and compare prices from different insurance companies. By far the easiest way to comparison shop is to jump online and get quotes. This can be done using a couple different methods.

One of the fastest ways consumers can analyze rates would be an industry-wide quote request form like this one (opens in new window). This easy form prevents you from having to do boring form submissions for each company you want a rate for. One simple form will return quotes direct from many companies. This is by far the quickest method.

Another way to get quotes online is spending the time to visit the website for every company you want to comare and complete a new quote form. For instance, let’s say you want comparison quotes from USAA, Progressive and State Farm. To get rate quotes you would need to spend time on each company’s site to input your insurance information, which can be really labor intensive. To view a list of companies in your area, click here.

The least efficient way to do your price quoting is calling or driving to and from local insurance agencies. The ability to buy insurance online has made agencies unnecessary unless you have a complicated situation and need the peace of mind of an agent trained in personal lines coverage. However, consumers can obtain prices from the web but buy the policy through an agent.

Whichever way you use, ensure you’re using apples-to-apples coverage information for each comparison quote. If each company quotes different liability limits it will be next to impossible to get a fair rate comparison. Just a small difference in limits may result in large price differences. Just remember that comparing a large number of companies increases the change that you will find better pricing.

Start a Quote Now

Discounts to earn cheaper car insurance rates

Some insurance providers don’t always publicize every discount in a way that’s easy to find, so we researched both the well known as well as some of the hidden credits available to lower your premiums when you buy insurance online.

Own a Home and Save – Simply owning a home can help you save on car insurance since home ownership requires a higher level of personal finance.
Multiple Policy Discount – If you can combine your auto and homeowners policy and place coverage with the same company you may save over 10 percent off each policy depending on the company.
Resident Student – Older children who live away from home to go to college and do not have access to a covered vehicle can be insured at a reduced rate.
Telematics Devices – Policyholders that allow driving data collection to scrutinize driving habits by using a telematics device like Allstate’s Drivewise may see discounts as long as they are good drivers.
Early Renewal Discounts – A few companies allow discounts for buying a new policy before your current expiration date. Ten percent is about the average savings.
Good Students Pay Less – A discount for being a good student can earn a discount of 20% or more. Earning this discount can benefit you well after school through age 25.
Accident Forgiveness – Not a discount per se, but a handful of insurance companies will forgive one accident without the usual rate increase so long as you haven’t had any claims for a set time period.
Discounts for Cautious Drivers – Drivers who don’t get into accidents may receive a discount up to 45% on 300ZX insurance than drivers with accidents.

Policy discounts save money, but most credits do not apply the the whole policy. A few only apply to the price of certain insurance coverages like liability, collision or medical payments. So even though you would think you can get free auto insurance, it doesn’t quite work that way.

Larger car insurance companies and the discounts they provide can be read below.

Farmers Insurance may include discounts for bundle discounts, youthful driver, alternative fuel, multi-car, teen driver, business and professional, and good student.
State Farm may have discounts that include passive restraint, defensive driving training, Drive Safe & Save, multiple policy, Steer Clear safe driver discount, and accident-free.
Liberty Mutual offers discounts including teen driver discount, multi-policy, multi-car, hybrid vehicle, newly retired, and exclusive group savings.
MetLife discounts include accident-free, defensive driver, claim-free, good student, multi-policy, good driver
Progressive has discounts for multi-vehicle, online signing, continuous coverage, good student, homeowner, multi-policy, and online quote discount.

Before purchasing a policy, check with each company what discounts are available to you. Some discounts listed above may not be available in every state. For a list of car insurance companies with the best discounts, click here.

Tailor your insurance coverage coverage to you

When it comes to choosing proper insurance coverage, there really is not a one size fits all plan. Your needs are not the same as everyone else’s.

Here are some questions about coverages that might help in determining whether you will benefit from professional help.

When should I drop full coverage on my 1996 Nissan 300ZX?
What are the best liability limits?
Am I covered when driving on a suspended license?
Are all vehicle passengers covered by medical payments coverage?
Will my vehicle be repaired with OEM or aftermarket parts?
Do I need rental car coverage?

If you can’t answer these questions but a few of them apply, you may need to chat with a licensed insurance agent. If you don’t have a local agent, fill out this quick form.

Insurance coverages explained

Understanding the coverages of your insurance policy can be of help when determining appropriate coverage for your vehicles. Policy terminology can be confusing and coverage can change by endorsement.

Liability coverage

Liability coverage protects you from damage that occurs to people or other property by causing an accident. This coverage protects you against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 25/50/25 which means a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Another option is one limit called combined single limit (CSL) that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage protects against things such as medical services, repair costs for stationary objects, structural damage and bail bonds. How much liability coverage do you need? That is a personal decision, but consider buying as large an amount as possible.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP reimburse you for expenses for things like hospital visits, surgery and chiropractic care. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Comprehensive insurance

This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like damage from getting keyed, falling objects and a broken windshield. The highest amount you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision coverage protection

Collision coverage pays for damage to your 300ZX resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like hitting a parking meter, damaging your car on a curb, colliding with a tree and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries as well as damage to your Nissan 300ZX.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Usually the UM/UIM limits are set the same as your liablity limits.