Best Ways to Save on Aurora Nissan GT-R Insurance

When searching for lower-priced insurance, are you confused by the number of auto insurance companies that you can choose from? Many other people are as well. Drivers have so many choices that it can quickly become a ton of work to lower your premium rates for Nissan GT-R insurance in Aurora. Lots of people think Aurora is an excellent city in which to live, but expensive premiums for auto insurance can make it nearly impossible for many drivers to afford proper coverage amounts.

Discount Nissan GT-R insuranceSad but true, about 70% of customers have purchased from the same company for four years or more, and just short of a majority have never compared rates from other carriers. Consumers in Colorado could save approximately 35% each year just by shopping around, but most just don’t grasp how much they could save if they changed companies.

How do Insurers Determine Nissan GT-R Insurance Rates?

Many factors are considered when quoting car insurance. Most are fairly basic like an MVR report, but some are not as apparent like your vehicle usage or how financially stable you are. A large part of saving on car insurance is knowing a few of the rating criteria that help determine the price you pay for car insurance. When consumers understand what controls the rates you pay, this empowers consumers to make smart changes that may result in cheaper rates.

Only buy what you need – There are a lot of extra bells and whistles that can waste your money when buying car insurance. Coverages for rental car coverage, towing, and motor club memberships may not be needed and are just wasting money. You may think they are a good idea when deciding what coverages you need, but now you might not need them so think about removing them and cutting costs.

How old are your drivers? – Teenage drivers in Colorado are proven to be easily distracted when at the wheel of a vehicle and because of this, their car insurance rates are much higher. More experienced drivers are proven to be safer behind the wheel, cause fewer claims and accidents, and receive fewer citations.

The following data uses these variables: single driver, full coverage with $1000 deductibles, and no discounts or violations.

Does auto insurance cost less for gals? – Over time, data shows women are more cautious behind the wheel. However, don’t assume that men are WORSE drivers than women. Both sexes have accidents in similar percentages, but males have costlier accidents. Not only are claims higher, but men get more serious tickets such as DWI and reckless driving. Males from age 16 to 21 generally have the highest accident percentage and thus pay the highest rates.

The chart below shows the difference between Nissan GT-R auto insurance costs for male and female drivers. The premiums are based on no violations or accidents, comprehensive and collision coverage, $500 deductibles, marital status is single, and no discounts are taken into consideration.

Your career may increase prices – Occupations such as doctors, police officers, and financial analysts tend to pay higher average rates due to stressful work requirements and long work days. Conversely, jobs like actors, athletes and the unemployed have the lowest average rates.

Save money with excellent credit – Having a bad credit score is likely to be a major factor in determining what you pay for car insurance. Therefore, if your credit rating leaves room for improvement, you could pay less to insure your Nissan GT-R if you clean up your credit. Insureds that have excellent credit scores tend to be better risks to insure than those with poor credit scores.

Cheaper car insurance rates for being claim-free – If you file claims often, you can pretty much guarantee much higher rates or policy non-renewal. Insurance companies in Colorado give lower rates to policyholders who only file infrequent claims. Your insurance policy is intended for claims that pose a financial burden.

Insurance costs are higher for high performance vehicles – The type of car you are trying to find cheaper insurance for makes a big difference in the rate you pay. The best insurance prices are for lower performance four cylinder passenger cars, but your final cost has many other factors.

The next chart is based on a married female driver age 20, full coverage with $1000 deductibles, and no discounts or violations. It shows Nissan GT-R car insurance rates compared to other makes and models that have a range of performance risks.

Get married and pay lower prices – Having a significant other can get you a discount on car insurance. It generally demonstrates drivers are less irresponsible it has been statistically shown that drivers who are married file infrequent claims.

Insurance loss data for a Nissan GT-R – Insurers use claims history to calculate a rate that will offset losses. Vehicles that the statistics show to have higher loss trends will have a higher cost to insure.

The table below outlines the compiled insurance loss statistics for Nissan GT-R vehicles. For each coverage type, the claim amount for all vehicles as a whole is equal to 100. Values that are under 100 suggest a positive loss record, while values that are 100 or greater indicate more frequent losses or a tendency for losses to be larger than average.

Nissan GT-R Insurance Claim Statistics
Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Nissan GT-R 2dr 4WD 373 82 317

Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Nissan GT-R insurance charts and tables

The premium information shown below showcases different coverage prices for Nissan GT-R models. Learning a little about how car insurance premiums are established can help guide drivers when making smart policy decisions.

Nissan GT-R Insurance Rates in Aurora, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
GT-R Premium AWD 2-Dr $566 $1130 $392 $24 $118 $2,230 $186
GT-R AWD 2-Dr $566 $1130 $392 $24 $118 $2,230 $186
Get Your Own Custom Quote Go

Prices based on single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Table data does not factor in your specific Aurora location which can change premiums noticeably.

Physical damage deductible comparison

The hardest decision when buying coverage is the level to set your comp and collision deductibles. The following insurance rates outline the rate differences when you buy lower versus higher coverage deductibles. The first rate comparisons uses a $250 deductible for physical damage and the second price grid uses a $1,000 deductible.

Nissan GT-R insurance policy rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
GT-R Premium AWD 2-Dr $446 $946 $298 $18 $90 $1,823 $152
GT-R AWD 2-Dr $446 $946 $298 $18 $90 $1,823 $152
Get Your Own Custom Quote Go

Nissan GT-R insurance policy rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
GT-R Premium AWD 2-Dr $276 $596 $298 $18 $90 $1,278 $107
GT-R AWD 2-Dr $276 $596 $298 $18 $90 $1,278 $107
Get Your Own Custom Quote Go

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Rates do not factor in specific location information which can affect prices significantly.

Based on this data, using a $250 deductible will cost in the ballpark of $45 more each month or $540 for a full year averaged for all GT-R models than quoting the higher $1,000 deductible. Because you would pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you normally go at a minimum 17 months between claim filings, you would save more money if you choose a higher deductible.

The example below shows how different deductible levels and can increase or decrease Nissan GT-R insurance premiums for different age groups of insureds. The costs are based on a married female driver, full physical damage coverage, and no discounts are taken into consideration.

Careless driving habits raise insurance rates

The information below illustrates how traffic citations and fender-benders influence Nissan GT-R yearly insurance costs for different age groups. The information is based on a married male driver, full coverage, $1,000 deductibles, and no discounts are taken into consideration.

Full coverage versus liability-only in Aurora

The information below shows the comparison of Nissan GT-R car insurance rates with full physical damage coverage compared to only buying the minimum liability limits required in Colorado. The rate quotes are based on no driving violations, no at-fault accidents, $250 deductibles, drivers are not married, and no additional discounts are factored in.

When to drop full coverage

There is no definitive guideline for phasing out physical damage coverage, but there is a general convention. If the yearly cost for physical damage coverage is more than around 10% of replacement cost minus your deductible, then you may want to consider only buying liability coverage.

For example, let’s assume your Nissan GT-R settlement value is $9,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company will settle for is $8,000 after the deductible is paid. If you are currently paying more than $800 annually for comprehensive and collision coverage, then you may want to consider only buying liability coverage.

There are some scenarios where removing full coverage is not advised. If you haven’t paid off your loan, you have to keep full coverage in order to keep the loan. Also, if you don’t have enough money to buy a different vehicle if your current one is damaged, you should not remove full coverage.

Discounts can help lower rates on Nissan GT-R insurance in Aurora

Companies offering auto insurance don’t always list their entire list of discounts very well, so the following list contains some of the more common in addition to some of the lesser obvious credits that you can use to lower your rates. If you do not double check each discount possible, you’re paying more than you need to.Cheaper auto insurance with discounts

Drivers should understand that most discount credits are not given to the overall cost of the policy. Most only apply to the price of certain insurance coverages like comprehensive or collision. Despite the appearance that you could get a free auto insurance policy, you’re out of luck.

The information below shows the difference between Nissan GT-R auto insurance rates with and without discounts being applied to the rates. The rates are based on a female driver, a clean driving record, no at-fault accidents, Colorado state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, multi-policy, homeowner, marriage, and multi-car discounts applied.

If you would like to see a list of providers with discount rates in Aurora, click here.

Quote more and you will save more

People change insurance companies for many reasons like poor customer service, an unsatisfactory settlement offer, being labeled a high risk driver or even policy cancellation. Regardless of your reason, choosing a new company is actually quite simple.

You just read a lot of tips how to shop for Nissan GT-R insurance online. The key thing to remember is the more price quotes you have, the more likely it is that you will get a better rate. You may even discover the best premium rates are with the least-expected company.

Cost effective Nissan GT-R insurance can be sourced both online and from local agencies, and you need to comparison shop both so you have a total pricing picture. There are still a few companies who do not offer rates over the internet and usually these smaller providers only sell through independent agents.

Steps to finding cheaper rates for Nissan GT-R insurance in Aurora

If saving money is your primary concern, then the best way to get more affordable Nissan GT-R insurance is to annually compare prices from companies in Aurora. This can be done by completing these steps.

A good tip to remember is to make sure you’re comparing the same coverage limits and deductibles on each price quote and and to get rates from as many companies as you can. This provides a fair price comparison and a complete price analysis.

For more information, feel free to visit these articles: