2012 Nissan 370Z Insurance Quotes – 8 Policy Discounts

If you are a novice to online insurance shopping, it’s easy to get overwhelmed thanks to all the different types local agents and online companies who all claim to have the lowest rates.

It’s important to take a look at other company’s rates every six months since insurance prices are constantly changing. If you had the best deal for 370Z coverage a couple years back there may be better deals available now. Forget all the misinformation about insurance because you’re about to find out the right way to lower your rates without sacrificing coverage.

Do you qualify for discount insurance coverage?

Not too many consumers would say insurance coverage is affordable, but you may be missing some discounts to reduce the price significantly. Some trigger automatically at the time of purchase, but some must be asked about prior to getting the savings. If they aren’t giving you every credit available, it’s possible you qualify for a lower rate.

• ABS and Traction Control Discounts – Cars, trucks, and SUVs that have steering control and anti-lock brakes can reduce accidents and will save you 10% or more.
• Sign Online – Some of the larger companies will give you a small discount shop insurance on the internet.
• More Vehicles More Savings – Having multiple vehicles with the same company can reduce rates for all insured vehicles.
• Discounts for Seat Belt Usage – Drivers who always wear seat belts and also require passengers to buckle their seat belts can save a little on medical payment and PIP coverage.
• Driver’s Ed – Teen drivers should take driver’s ed class as it can save substantially.
• Discounts for New Vehicles – Adding a new car to your policy can save up to 30% due to better safety requirements for new model year vehicles.
• Defensive Driver Discount – Participating in a defensive driving course could save 5% or more depending on where you live.
• Distant Student Discount – Children who live away from home to go to college and do not have access to a covered vehicle may be able to be covered for less.

Don’t be surprised that most credits do not apply to the entire policy premium. Most only cut individual premiums such as comp or med pay. Just because you may think adding up those discounts means a free policy, you aren’t that lucky. Any qualifying discounts should help reduce your premiums.

A list of insurance coverage companies and a summarized list of policyholder discounts are outlined below.

• Geico has savings for anti-lock brakes, good student, military active duty, multi-vehicle, federal employee, and air bags.
• USAA policyholders can earn discounts including multi-policy, family discount, good student, annual mileage, new vehicle, and multi-vehicle.
• Progressive offers premium reductions for homeowner, multi-policy, multi-vehicle, good student, and continuous coverage.
• American Family may offer discounts for good driver, good student, air bags, early bird, and defensive driver.
• Esurance may include discounts for online shopper, Switch & Save, DriveSense, emergency road assistance, and claim free.
• Farmers Insurance discounts include bundle discounts, distant student, electronic funds transfer, business and professional, and multi-car.
• State Farm includes discounts for driver’s education, defensive driving training, Steer Clear safe driver discount, passive restraint, multiple policy, multiple autos, and safe vehicle.

Before purchasing a policy, check with every company to apply every possible discount. Some discounts listed above may not be available in your state.

What insurance coverages do I need?

When it comes to buying proper insurance coverage for your personal vehicles, there really is not a cookie cutter policy. Every situation is different.

For example, these questions can help discover whether your personal situation might need professional guidance.

• Am I covered when renting a car or should I buy coverage from the car rental agency?
• Is upholstery damage covered by car insurance?
• Do I need medical payments coverage since I have good health insurance?
• Is other people’s property covered if stolen from my vehicle?
• When do I need to add a new car to my policy?
• Do I have any recourse if my insurance company denies a claim?
• Do I need more liability coverage?
• Am I covered when using my vehicle for business?

If you can’t answer these questions then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form.

Coverages available on your auto insurance policy

Knowing the specifics of a auto insurance policy helps when choosing the right coverages and the correct deductibles and limits. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording.

Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and also any damage incurred to your Nissan 370Z.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.

Collision – This covers damage to your 370Z resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision coverage pays for claims like hitting a parking meter, rolling your car, scraping a guard rail, sustaining damage from a pot hole and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to bring the cost down.

Coverage for medical expenses – Med pay and PIP coverage provide coverage for immediate expenses for X-ray expenses, ambulance fees and nursing services. They can be utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants and also covers any family member struck as a pedestrian. PIP is only offered in select states and gives slightly broader coverage than med pay

Comprehensive auto insurance – This coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as a tree branch falling on your vehicle, hitting a bird, a broken windshield and damage from getting keyed. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Liability insurance – Liability coverage protects you from injuries or damage you cause to other people or property 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. As an example, you may have liability limits of 50/100/50 which means a $50,000 limit per person for injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability insurance covers things like court costs, medical services, repair bills for other people’s vehicles and attorney fees. How much liability coverage do you need? That is a personal decision, but consider buying as large an amount as possible.

Save your hard earned cash

When you buy insurance online, it’s very important that you do not reduce coverage to reduce premium. Too many times, an insured cut full coverage and found out when filing a claim that it was a big mistake. Your strategy should be to buy enough coverage for the lowest cost while not skimping on critical coverages.

A few companies don’t offer internet price quotes and most of the time these smaller companies prefer to sell through independent insurance agents. More affordable auto insurance is possible online and with local insurance agents, and you should be comparing both to have the best rate selection.

We just covered some good ideas how you can get a better price on 2012 Nissan 370Z insurance. The most important thing to understand is the more rate quotes you have, the better your chances of lowering your rates. Consumers could even find that the most savings is with a lesser-known regional company.

Helpful resources

• Understanding your Policy (NAIC.org)
• Information for Teen Drivers (Geico)
• Distracted Driving Extends Beyond Texting (State Farm)
• Crash Avoidance Technologies FAQ (iihs.org)
• Credit Impacts Car Insurance Rates (State Farm)
• Air Bags: Potential Dangers to Your Children (Insurance Information Insitute)