2004 Nissan 350Z Insurance Cost – 5 Tips to Save

I can’t think of anyone who fancies paying their premiums for car insurance, especially when the cost is too high. Due to the large number of options, it is hard for the average consumer to locate the lowest cost company.

You should make it a habit to take a look at other company’s rates before your next renewal since prices are usually higher with each renewal. Just because you found the best deal for 350Z coverage a year ago you can probably find a better rate now. You can find a lot of information about car insurance online but in a few minutes you can learn the easiest ways to slash your car insurance rates.

Choosing the best insurance company for you is easy if you know what you’re doing. If you have car insurance now, you should be able to lower your premiums substantially using these techniques. Drivers just need to know the most effective way to shop online.

Insurance coverage discounts help reduce rates

Some insurance providers don’t always advertise all available discounts in an easy-to-find place, so the following list contains both well-publicized and the harder-to-find ways to save on insurance coverage.

• Accident Waiver – This one is not really a discount per se, but a handful of insurance companies will turn a blind eye to one accident before they charge you more for coverage if your claims history is clear for a set time period.
• Passive Restraints and Air Bags – Options like air bags and/or automatic seat belt systems may earn rate discounts of up to 25% or more.
• Driver Education Discount – Cut your cost by having your teen driver complete a driver education course if it’s offered in school.
• Life Insurance – Larger insurance carriers have lower premium rates if you buy a life insurance policy as well.
• Professional Memberships – Joining certain professional organizations could qualify you for a break when getting a insurance quote.

A quick disclaimer, most discounts do not apply to all coverage premiums. The majority will only reduce individual premiums such as physical damage coverage or medical payments. Even though it appears all those discounts means the company will pay you, companies wouldn’t make money that way.

A list of insurance coverage companies and a partial list of their discounts can be read below.

• Geico may offer discounts for emergency military deployment, driver training, multi-policy, federal employee, and daytime running lights.
• Mercury Insurance includes discounts for type of vehicle, annual mileage, ease of repair, age of vehicle, good student, accident-free, and location of vehicle.
• Farmers Insurance may have discounts that include pay in full, electronic funds transfer, multi-car, early shopping, youthful driver, bundle discounts, and distant student.
• Auto-Owners Insurance policyholders can earn discounts including student away at school, multi-policy, multiple vehicles, safe driver, anti-theft, good student, and paperless.
• Liberty Mutual offers premium reductions for multi-policy, good student, newly married, new graduate, and newly retired.
• SAFECO discounts include anti-theft, multi-car, safe driver, teen safe driver, and teen safety rewards.
• Progressive may include discounts for online signing, good student, multi-policy, homeowner, online quote discount, and multi-vehicle.
• USAA has savings for family discount, good student, loyalty savings, military installation, new vehicle, defensive driver, and safe driver.

Before buying, ask every prospective company which discounts they offer. Discounts may not be offered everywhere. To locate companies that provide some of the discounts listed above, click here to view.

Which is the best auto insurance?

When buying proper insurance coverage for your vehicles, there isn’t really a one size fits all plan. Each situation is unique so your insurance should reflect that These are some specific questions might help in determining whether your personal situation would benefit from an agent’s advice.

• Should I buy additional glass protection?
• Who is covered when they drive my 2004 Nissan 350Z?
• Should I rate my 2004 Nissan 350Z as pleasure use or commute?
• Should I bundle my homeowners policy with my auto?
• Does my insurance cover my expensive audio equipment?
• Why do I only qualify for high-risk insurance?
• How can I get high-risk coverage after a DUI?
• Does my car insurance cover rental cars?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and may give you better protection.

Information about specific coverages

Understanding the coverages of a auto insurance policy aids in choosing appropriate coverage for your vehicles. Auto insurance terms can be ambiguous and reading a policy is terribly boring. Below you’ll find typical coverage types available from auto insurance companies.

Coverage for liability

This coverage protects you from damages or injuries you inflict on other people or property in an accident. It protects you from legal claims by others. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000.

Liability coverage protects against claims such as emergency aid, repair bills for other people’s vehicles, loss of income and court costs. How much coverage you buy is your choice, but you should buy as high a limit as you can afford.

Coverage for collisions

This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like scraping a guard rail, driving through your garage door, backing into a parked car, rolling your car and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. You can also choose a higher deductible to get cheaper collision coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance pay for bills for prosthetic devices, funeral costs, X-ray expenses, rehabilitation expenses and pain medications. They are often utilized in addition to your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Comprehensive insurance

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

Comprehensive can pay for claims such as falling objects, a tree branch falling on your vehicle, rock chips in glass and fire damage. 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 removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection when other motorists are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.

Feed the piggy bank

Cost effective 2004 Nissan 350Z insurance is available from both online companies as well as from independent agents, so you need to quote insurance with both to have the best rate selection. Some companies do not offer rates over the internet and many times these small insurance companies only sell coverage through independent insurance agents.

Throughout this article, we presented a lot of information how to compare 2004 Nissan 350Z insurance prices online. The key concept to understand is the more rate quotes you have, the higher your chance of finding the cheapest insurance. You may even find the best prices are with a lesser-known regional company. These companies can often provide lower rates in certain areas compared to the large companies like Allstate and Progressive.

More tips and info about auto insurance can be read in the articles below:

• Protect Yourself Against Auto Theft (Insurance Information Insitute)
• Parking Tips to Reduce Door Dings (State Farm)
• Auto Crash Statistics (Insurance Information Insitute)
• Event Data Recorders FAQ (iihs.org)