Cheapest Phoenix Nissan GT-R Insurance

Finding better insurance prices for a Nissan GT-R in Arizona can be a lot of work, but you can use these tips to make it easier.

There is a better way to shop for car insurance and we’ll show you the absolute fastest way to get price quotes for a Nissan and obtain the cheapest rates from Phoenix insurance agents and online providers.

Unfortunately, the vast majority of consumers have remained with the same car insurance company for more than four years, and virtually 40% of consumers have never compared rate quotes at all. Consumers in Arizona could save approximately 50% each year by just shopping around, but most tend to underestimate the benefits if they switched to a cheaper policy.

Finding and buying cheaper protection in Phoenix can be fairly easy. If you have insurance now or need new coverage, use these cost-cutting techniques to reduce premiums while maintaining coverages. Vehicle owners only have to learn the tricks to compare company rates from many different companies online.

Finding cheaper Nissan GT-R auto insurance prices is pretty simple and can save money. The only thing you need to do is spend a little time to compare rates to find out which insurance company has the cheapest Nissan GT-R rate quotes.

The companies in the list below are ready to provide price comparisons in Arizona. If the list has multiple companies, we recommend you get prices from several of them in order to find the lowest rates.

Premium data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Arizona minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, claim-free, and homeowner. Price estimates do not factor in specific location which can raise or lower insurance rates significantly.

Gender differences in auto insurance premiums

The illustration below illustrates the difference between Nissan GT-R yearly insurance costs for male and female drivers. The prices are based on no claims or violations, full coverage, $100 deductibles, marital status is single, and no other discounts are factored in.

An analysis of deductible level

One of the hardest decisions when shopping for auto insurance is how low should you set your deductibles. The premium rates below sum up the differences in price of buying low and high deductibles. The first set of rates uses a $100 deductible for comprehensive and collision coverage and the second set of prices uses a $500 deductible.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Price information does not factor in zip code location which can change price quotes noticeably.

Based on this data, we can arrive at the conclusion that using a $100 deductible costs approximately $38 more each month or $456 a year than requesting the higher $500 deductible. Because you would be required to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to have at a minimum 11 months between claims, you would save more money if you choose a higher deductible. The table below shows how we made this calculation.

Full coverage rates vs. liability-only

The chart below illustrates the difference between Nissan GT-R premium costs with and without full coverage. The data assumes no accidents, no driving violations, $1,000 deductibles, married female driver, and no other discounts are factored in.

When to drop comp and collision

There is no written rule for eliminating full coverage on your policy, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is more than around 10% of the vehicle’s replacement cost less your deductible, then you might consider buying liability only.

For example, let’s assume your Nissan GT-R claim settlement value is $8,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most your company would pay you is $7,000 after paying your deductible. If it’s costing in excess of $700 annually for full coverage, then it might be time to buy liability only.

There are some scenarios where removing full coverage is not in your best interest. If you still owe a portion of the original loan, you are required to maintain full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should not drop full coverage.

You may qualify for discounts for Nissan GT-R insurance in Phoenix

Properly insuring your vehicles can get expensive, but there could be significant discounts that could help you make your next renewal payment. Some discounts apply automatically when you purchase, but a few must be manually applied in order for you to get them.

• ABS and Traction Control Discounts – Cars and trucks that have anti-lock braking systems can avoid accidents and will save you 10% or more on GT-R insurance in Phoenix.
• 55 and Retired – Mature drivers may qualify for a discount up to 10%.
• More Vehicles More Savings – Buying coverage for primary and secondary vehicles on one policy qualifies for this discount.
• Pay Upfront and Save – By paying your entire bill at once rather than paying in monthly installments you may reduce your total bill.
• Telematics Data Discounts – Policyholders that allow their car insurance company to monitor driving patterns by using a telematics device such as State Farm’s In-Drive could see a rate decrease if they show good driving skills.
• Discounts for Good Drivers – Drivers without accidents can save as much as half off their rates as compared to drivers with claims.
• Memberships – Belonging to qualifying employment or professional organizations is a good way to get lower rates on your next renewal.
• No Charge for an Accident – Not a discount per se, but a few companies such as GEICO, State Farm, and Progressive permit an accident without getting socked with a rate hike if you have no claims for a certain period of time.
• Student Discounts – A discount for being a good student can get you a discount of up to 25%. The discount lasts up until you turn 25.
• Paperwork-free – Some of the larger companies provide a small discount for buying your policy digitally online.

Don’t be surprised that most discount credits are not given to your bottom line cost. Most only apply to individual premiums such as comp or med pay. So even though you would think adding up those discounts means a free policy, companies wouldn’t make money that way.

To view insurers with significant discounts in Phoenix, follow this link.

Auto insurance is an important decision

Despite the high cost of buying insurance for a Nissan GT-R in Phoenix, insuring your vehicle may not be optional for several reasons.

• Most states have minimum mandated liability insurance limits which means you are required to buy specific minimum amounts of liability in order to drive the car. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If you took out a loan on your vehicle, it’s most likely the lender will stipulate that you carry insurance to ensure the loan is repaid in case of a total loss. If you do not pay your insurance premiums, the lender will be forced to insure your Nissan at a more expensive rate and require you to pay for the much more expensive policy.
• Insurance safeguards both your assets and your Nissan. Insurance will also pay for medical expenses for you, any passengers, and anyone injured in an accident. Liability coverage also covers legal expenses if someone files suit against you as the result of an accident. If your car is damaged in a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to have it repaired.

The benefits of carrying enough insurance more than cancel out the cost, particularly if you ever have a claim. In a recent study of 1,000 drivers, the average customer is currently overpaying as much as $865 each year so smart consumers compare quotes at every policy renewal to be sure current rates are still competitive.

Insurance can get complicated

When it comes to buying the best insurance coverage, there is no one size fits all plan. Your needs are not the same as everyone else’s.

For instance, these questions may help highlight whether or not you may require specific advice.

• What vehicles should carry emergency assistance coverage?
• Will I lose any money if I cancel my policy before it expires?
• Is motorclub coverage worth it?
• What is no-fault insurance?
• What does UM/UIM cover?
• What discounts do I qualify for?
• Is other people’s property covered if stolen from my vehicle?
• Is upholstery damage covered by car insurance?
• When should I have rental car coverage?
• Should I bundle my homeowners policy with my auto?

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form. It is quick, free and you can get the answers you need.

Buying auto insurance from Phoenix auto insurance agents

Many people would prefer to buy from a local agent and doing so can bring peace of mind Good agents are very good at helping people manage risk and help you file claims. The best thing about getting free rate quotes online is you can get cheap auto insurance rates and still buy from a local agent. And supporting small agencies is still important in Phoenix.

To make it easy to find an agent, after completing this short form, your information is submitted to local insurance agents who can give free rate quotes and help you find cheaper coverage. It simplifies rate comparisons since you won’t have to find an agent because prices are sent immediately to you. If you want to compare rates from a specific insurance company, feel free to search and find their rate quote page and fill out their quote form.

Shown below is a list of insurance companies in Phoenix who can help you get comparison quotes for Nissan GT-R insurance in Phoenix.

• Andra Jeffress – State Farm Insurance Agent
  1704 W Bethany Home Rd – Phoenix, AZ 85015 – (602) 249-1037 – View Map
• Lupita Fernandez – State Farm Insurance Agent
  2610 W Baseline Rd Ste 116 – Phoenix, AZ 85041 – (602) 633-2088 – View Map
• Best Buy Insurance
  3917 S Central Ave – Phoenix, AZ 85040 – (602) 268-2548 – View Map
• Douglas Cheung – State Farm Insurance Agent
  2600 N 44th St #110 – Phoenix, AZ 85008 – (602) 840-6655 – View Map

More insurance agents

Picking a insurance company shouldn’t rely on just a cheap price. Some important questions to ask are:

• Are they able to influence company decisions when a claim is filed?
• Is the agency covered by Errors and Omissions coverage?
• Do they offer claims assistance after hours?
• In the event of vehicle damage, can you pick the collision repair facility?
• Do they have cheaper tiers of coverage?
• Are they involved in claim handling?
• How long has the business existed?

Car insurance coverage breakdown

Knowing the specifics of car insurance helps when choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your Nissan GT-R.

Due to the fact that many Arizona drivers only purchase the least amount of liability that is required (which is 15/30/10), their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family. Usually these limits are set the same as your liability limits.

Comprehensive coverage

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as damage from getting keyed, hitting a bird, theft, damage from flooding and falling objects. The highest amount your car insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP kick in for immediate expenses for EMT expenses, dental work, prosthetic devices and funeral costs. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants as well as being hit by a car walking across the street. PIP coverage is not available in all states and may carry a deductible

Auto liability insurance

Liability coverage can cover injuries or damage you cause to other people or property that is your fault. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 15/30/10 which stand for $15,000 bodily injury coverage, $30,000 for the entire accident, and a total limit of $10,000 for damage to vehicles and property. Another option is one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as bail bonds, legal defense fees and structural damage. How much coverage you buy is up to you, but it’s cheap coverage so purchase as high a limit as you can afford. Arizona requires drivers to carry at least 15/30/10 but you should consider buying more liability than the minimum.

Collision coverage protection

This coverage will pay to fix damage to your GT-R caused by collision with an object or car. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things like hitting a parking meter, sideswiping another vehicle and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. It’s also possible to bump up the deductible on your GT-R in order to get cheaper collision rates.