How Much Does 2008 Nissan 350Z Car Insurance Cost?

Want cheaper insurance rates for your Nissan 350Z? No one in their right mind likes buying insurance, especially when they are aware that they are paying too much.

Since you have so many companies to choose from, it’s difficult to locate the most cost effective company.

Finding affordable car insurance is quite easy. Basically, every vehicle owner who has to buy car insurance will most likely be able to find better rates. But drivers do need to know how companies price insurance differently.

The method we recommend to get rate comparisons is to know most larger insurance companies actually pay money for the chance to give you rate quotes. All consumers are required to do is spend a couple of minutes providing details including whether or not you need a SR-22, if you lease or own, how old drivers are, and daily mileage. That rating data gets sent immediately to multiple auto insurance providers and you will get price comparisons instantly.

Take advantage of these money-saving discounts

Auto insurance is not an enjoyable expense, but there’s a good chance there are discounts that can help lower your rates. Certain discounts will be applied at the time you complete a quote, but a few must be specifically requested prior to getting the savings.

  • Sign Online – Many companies give back up to $50 get auto insurance on your computer.
  • Multi-line Discount – Larger insurance carriers have a discount if you purchase some life insurance too.
  • Multi-car Discount – Purchasing coverage when you have all your vehicles with one company can get a discount for every vehicle.
  • Passive Restraint Discount – Vehicles equipped with air bags or motorized seat belts may qualify for discounts of up to 25% or more.
  • Resident Student – Older children who are enrolled in a college that is more than 100 miles from home and do not have access to a covered vehicle may be able to be covered for less.
  • Bundle and Save – If you can combine your auto and homeowners policy with the same company they may give you a discount of 10% to 20% off each policy.
  • Mature Driver Discount – Older drivers may be able to get a discount up to 10% on 350Z coverage.
  • Theft Deterent Discount – Cars, trucks, and SUVs with anti-theft systems help deter theft and will qualify for a discount on a auto insurance quote.

Don’t be surprised that most of the big mark downs will not be given to the entire cost. Most only apply to individual premiums such as liability, collision or medical payments. If you do the math and it seems like all the discounts add up to a free policy, it doesn’t quite work that way.

Larger auto insurance companies and their offered discounts are included below.

  • Travelers offers premium reductions for good student, continuous insurance, early quote, IntelliDrive, student away at school, multi-car, and new car.
  • 21st Century discounts include automatic seat belts, defensive driver, homeowners, teen driver, and 55 and older.
  • State Farm has savings for passive restraint, defensive driving training, safe vehicle, Steer Clear safe driver discount, driver’s education, student away at school, and multiple autos.
  • GEICO policyholders can earn discounts including daytime running lights, driver training, good student, anti-theft, military active duty, air bags, and anti-lock brakes.
  • SAFECO includes discounts for teen safety rewards, homeowner, anti-theft, drive less, teen safe driver, and anti-lock brakes.
  • AAA may offer discounts for good student, pay-in-full, multi-car, good driver, education and occupation, anti-theft, and multi-policy.

If you need affordable auto insurance quotes, ask each company which discounts can lower your rates. Some of the discounts discussed earlier may not be offered in your area. To see insurance companies that provide some of the discounts listed above, follow this link.

Do I need special coverages?

When buying adequate coverage, there is no best way to insure your cars. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. Here are some questions about coverages that can help discover whether or not you might need an agent’s assistance.

  • Does my insurance cover damage caused when ticketed for reckless driving?
  • How high should my medical payments coverage be?
  • Is my camper covered by my car insurance policy?
  • Am I covered if I break a side mirror?
  • Should I buy more coverage than the required minimum liability coverage?
  • Does coverage extend to Mexico or Canada?
  • Can my babysitter drive my car?

If it’s difficult to answer those questions, you may need to chat with an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of car insurance companies in your area.

Eight things that influence your insurance prices

One of the most helpful ways to save on car insurance is to to have a grasp of the rating factors that go into determining the rates you pay for car insurance. When you know what positively or negatively determines premiums, this enables informed choices that may reward you with cheaper rates.

The items below are a few of the “ingredients” utilized by car insurance companies to help set prices.

  • Your age impacts your prices – Youthful drivers are known to be inattentive and easily distracted with other occupants in the car so they pay higher car insurance rates. Adding a first-time driver to your policy can increase premiums substantially. Older, more experienced drivers are proven to be safer behind the wheel, are lower risk to insure and are safer drivers.
  • Insure your auto and home with one company – Most car insurance companies give a discount for people who consolidate policies with them, otherwise known as a multi-policy discount. This can amount to 10 percent or more. Even with this discount, you may still want to shop around to guarantee you are still saving the most.
  • Better rates with anti-theft devices – Owning a car with a theft deterrent system can help bring down rates. Anti-theft features like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all hinder car theft and help bring rates down.
  • Pay more out-of-pocket – Protection for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Nissan. Examples of covered claims are colliding with a building, damage from fire, and rolling your vehicle. Physical damage deductibles tell how much you are willing to pay out-of-pocket if a claim is determined to be covered. The more money the insured has to pay upfront, the less your company will charge you for insurance on 350Z coverage.
  • Policy add-ons may be wasting money – Policies have additional extra coverages that you can get tricked into buying on your 350Z policy. Things like coverage for rental cars, death and dismemberment, and motor club memberships are some examples. They may seem like a good idea initially, but if you don’t need them remove them and pocket the money.
  • Poor credit can mean higher premiums – Your credit score can be a huge factor in calculating your premium rate. People with high credit scores tend to be less risk to insure than drivers who have lower ratings. So if your credit is lower than you’d like, you could pay less to insure your 2008 Nissan 350Z if you improve your credit rating.
  • Stay claim-free and lower prices – Car insurance companies provide lower rates to policyholders who are claim-free. If you are the type of insured that files lots of claims you can definitely plan on higher premiums or even policy non-renewal. Your insurance policy is designed for claims that pose a financial burden.
  • Is auto insurance cheaper for women or men? – Statistics demonstrate that men are more aggressive behind the wheel. It does not mean females are better drivers. Men and women are in accidents in similar numbers, but males get into accidents with more damage. Men also receive more costly citations such as reckless driving.

Car insurance coverages and their meanings

Having a good grasp of your policy helps when 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. Listed below are the usual coverages found on the average car insurance policy.

Medical payments coverage and PIP

Med pay and PIP coverage kick in for short-term medical expenses for ambulance fees, pain medications, X-ray expenses and rehabilitation expenses. They are often used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover you and your occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Comprehensive coverage

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like falling objects, a tree branch falling on your vehicle and damage from a tornado or hurricane. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Liability

This coverage protects you from damage or injury you incur to people or other property that is your fault. It protects you against claims from other people. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Another option is a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage protects against claims such as attorney fees, court costs, structural damage and loss of income. The amount of liability coverage you purchase is your choice, but consider buying as much as you can afford.

Coverage for collisions

Collision insurance covers damage to your 350Z resulting 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 can pay for things such as hitting a mailbox, driving through your garage door, colliding with another moving vehicle, crashing into a building and rolling your car. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to increase the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as damage to your Nissan 350Z.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked. Normally these limits are set the same as your liablity limits.

One last thing

Lower-priced car insurance can be sourced online and with local insurance agents, and you should be comparing both in order to have the best price selection to choose from. Some car insurance companies do not provide rates over the internet and many times these smaller companies only sell coverage through independent insurance agencies.

While you’re price shopping online, make sure you don’t reduce needed coverages to save money. There are too many instances where an accident victim reduced liability limits or collision coverage only to regret that their decision to reduce coverage ended up costing them more. Your goal should be to buy enough coverage for the lowest price while not skimping on critical coverages.

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