2012 Nissan 370Z Insurance Cost – 7 Tips to Save

Finding and buying car insurance is not a procedure drivers relish, but all states require it before the rubber hits the road.

It’s important to price shop coverage yearly since insurance rates are usually higher with each renewal. If you had the lowest rates on 370Z insurance a year ago you can probably find a better price now. So forget anything you know (or think you know) about insurance because you’re going to get a crash course in the only way to find better rates and still maintain coverage.

Finding Insurance Deals

The are a couple different ways of comparing rate quotes from insurance companies in your area. The easiest way by far to find the lowest 2012 Nissan 370Z rates consists of shopping online. This can be done using a couple different methods.

The easiest and least time consuming way to compare a lot of rates at once is to use a rate comparison form click to view form in new window. This type of form prevents you from having to do a different quote for each company. Filling out one form will get you price quotes from all major companies. It’s the fastest way to compare.
A more difficult way to get quotes online is spending the time to visit each individual company website to complete their respective quote request forms. For examples sake, let’s assume you want comparison quotes from USAA, 21st Century and American Family. To find out each rate you need to go to every website to input your insurance information, which is why most consumers use the first method. For a list of links to insurance companies in your area, click here.
The least efficient method to compare rates is to spend your day driving to insurance agents’ offices. The ability to buy insurance online eliminates the need for an insurance agent unless you prefer the professional guidance that only a license agent can provide. You can, however, get the lowest quotes online but buy from a local insurance agent and we’ll touch on that later.

Whichever way you use, make absolute certain that you use identical deductibles and coverage limits on every quote you get. If you are comparing mixed coverages it will be very difficult to make an equal comparison. Quoting even small variations in limits may result in large price differences. And when comparison shopping, quoting more helps locate the best price.

Take advantage of discounts

Car insurance is not cheap, but you may find discounts to cut the cost considerably. Some trigger automatically when you complete an application, but some must be asked for prior to receiving the credit.

Claim Free – Claim-free drivers can earn big discounts as compared to bad drivers.
Accident Waiver – A handful of insurance companies allow you one accident before hitting you with a surcharge as long as you don’t have any claims prior to the accident.
Save over 55 – Older drivers may qualify for reduced rates on 370Z insurance.
Life Insurance – Larger companies have better rates if you take out life insurance.
Federal Government Employee – Active or retired federal employment can earn a discount up to 10% on 370Z insurance depending on your company.
Clubs and Organizations – Being a member of a professional or civic organization may earn a discount on auto insurance on 370Z insurance.
Discount for Swiching Early – A few companies offer discounts for signing up before your current expiration date. The savings is around 10%.

It’s important to note that most discounts do not apply the the whole policy. Most only cut the price of certain insurance coverages like medical payments or collision. Even though it may seem like you would end up receiving a 100% discount, it doesn’t quite work that way. Any amount of discount will help reduce the cost of coverage.

Companies that may offer these money-saving discounts include:

It’s a good idea to ask every prospective company which discounts you may be entitled to. Some discounts might not be offered in your area.

How to know if you need help

When buying coverage for your vehicles, there really is no “perfect” insurance plan. Everyone’s needs are different.

These are some specific questions might point out whether you might need an agent’s assistance.

How much liability do I need to cover my assets?
Am I getting all the discounts available?
Is my dog or cat covered if injured in an accident?
Can I get a multi-policy discount?
Can I still get insurance after a DUI?
Am I covered when delivering products for my home-based business?
What can I do if my company won’t pay a claim?
How can I get my company to pay me more for my totalled car?

If you’re not sure about those questions, you might consider talking to a licensed agent. If you want to speak to an agent in your area, complete this form.

Car insurance coverage specifics

Knowing the specifics of your car insurance policy can help you determine which coverages you need and the correct deductibles and limits. Car insurance terms can be ambiguous and nobody wants to actually read their policy.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP reimburse you for short-term medical expenses like pain medications, prosthetic devices, hospital visits and EMT expenses. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover you and your occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your Nissan 370Z.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Comprehensive insurance

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like hitting a deer, damage from a tornado or hurricane, rock chips in glass and a tree branch falling on your vehicle. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Coverage for collisions

Collision insurance covers damage to your 370Z from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as sustaining damage from a pot hole, hitting a parking meter, hitting a mailbox and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.

Coverage for liability

Liability coverage provides protection from damage or injury you incur to people or other property. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Occasionally you may see a combined single limit or CSL that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims like medical expenses, structural damage, funeral expenses and legal defense fees. How much liability should you purchase? That is your choice, but buy as large an amount as possible.