Auto Insurance Quotes for a Nissan GT-R in Virginia Beach

The best way to get more affordable car insurance rates is to compare prices annually from providers in Virginia Beach. You can compare rates by completing these steps.

First, it will benefit you to learn about car insurance and the modifications you can make to keep rates low. Many rating factors that cause rate increases like at-fault accidents, careless driving, and a bad credit score can be controlled by making lifestyle changes or driving safer.

Second, request price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can give quotes from a single company like Progressive or Farmers Insurance, while independent agents can provide prices from multiple companies.

Third, compare the quotes to your existing rates and see if you can save money. If you can save some money and decide to switch, make sure coverage does not lapse between policies.

Fourth, notify your current company to cancel your current coverage and submit the application along with any required down payment to your new company or agent. As soon as you receive it, safely store the certificate verifying proof of insurance with the vehicle registration.

A tip to remember is to use similar limits and deductibles on every price quote and and to look at as many different insurance providers as possible. Doing this guarantees a fair rate comparison and and a good selection of different prices.

Surprisingly, a recent survey revealed that the vast majority of consumers renewed their policy with the same company for over three years, and nearly 40% of drivers have never shopped around. Virginia Beach drivers can save hundreds of dollars each year, but they just don’t understand the actual amount they would save if they swap their current policy for a cheaper one.

Keep in mind that comparing a large number of companies increases the chance that you will find better pricing.

The companies shown below offer price comparisons in Virginia. To find cheap auto insurance in Virginia, it’s highly recommended you click on several of them to find the most competitive auto insurance rates.

Nissan GT-R coverage analysis

The premium table displayed next covers estimates of rate quotes for Nissan GT-R models. Learning more about how car insurance prices are figured is important for drivers to make smart choices when comparing insurance quotes.

Premium data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Virginia minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Estimates do not factor in Virginia Beach location which can modify price quotes considerably.

Comparison of policy deductibles

When comparing insurance rates, the most common question is which comprehensive and collision deductibles to buy. The figures shown below summarize the rate fluctuation when you buy lower versus higher deductibles. The first table uses a $100 deductible for comp and collision and the second price chart uses a $1,000 deductible.

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Virginia minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, multi-policy, and safe-driver. Rate information does not factor in specific location information which can influence coverage prices significantly.

Using the data above, we can ascertain that using a $100 deductible costs an average of $48 more each month or $576 a year than choosing the higher $1,000 deductible. Since you would have to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you normally go at a minimum 19 months between claim filings, you would more than likely save some money if you decide on a higher deductible.

Choosing Nissan vehicle insurance is an important decision

Despite the high cost of buying insurance for a Nissan GT-R in Virginia Beach, paying for insurance may be required for several reasons.

First, almost all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry a specific minimum amount of liability insurance coverage in order to license the vehicle. In Virginia these limits are 25/50/20 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $20,000 of property damage coverage.

Second, if you have a loan on your car, most banks will require you to carry insurance to ensure the loan is repaid in case of a total loss. If you cancel or allow the policy to lapse, the lender may have to buy a policy to insure your Nissan at an extremely high rate and force you to pay the higher price.

Third, insurance protects both your Nissan and your assets. It will also pay for most medical and hospital costs for both you and anyone you injure as the result of an accident. Liability coverage will also pay to defend you in the event you are sued. If your Nissan gets damaged, comprehensive and collision coverage will cover the damage repairs after a deductible is paid.

The benefits of having insurance more than offset the price you pay, especially if you ever need it. Today the average American driver overpays more than $800 each year so compare rates at every policy renewal to save money.

Five Things That Impact Your Insurance Costs

Many factors are part of the equation when quoting car insurance. Some are obvious like a motor vehicle report, although some other factors are not as apparent such as whether you are married or your vehicle rating.

The following are just a few of the factors that factor into your rates.

• Companies want multiple policies – Many companies will give a discount for people who buy several policies from them such as combining an auto and homeowners policy. Discounts can amount to five, ten or even twenty percent. Even with this discount, you still need to compare other company rates to confirm you are receiving the best rates possible.
• Safer cars save money – Cars with high safety ratings cost less to insure. These vehicles help reduce the chance of injuries in an accident and fewer serious injuries translates into fewer and smaller insurance claims which can mean better rates for you. If your Nissan is rated at a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.
• Deter theft and save – Buying a car with an alarm system can help lower your rates. Systems that thwart thieves such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can help prevent car theft.
• Increase deductibles and save – Deductibles for physical damage represent how much money you are required to spend in the event of a claim. Physical damage insurance, also known as collision and other-than-collision, is used to repair damage to your car. Examples of covered claims would be rear-ending another vehicle, hail damage, and damage caused by road hazards. The more money you are required to pay out-of-pocket, the less money you will pay for car insurance.

• Gender matters – The statistics show women are more cautious behind the wheel. Now that doesn’t mean men are WORSE drivers than women. Both sexes are in auto accidents in similar percentages, but men tend to have higher claims. Not only that, but men also receive more costly citations such as reckless driving.

  The example below compares Nissan GT-R insurance prices for male and female drivers. The price estimates are based on no accidents or driving violations, comprehensive and collision coverage, $100 deductibles, drivers are not married, and no additional discounts are factored in.

• Claims statistics for a Nissan GT-R – Companies analyze claim trends for every vehicle when setting premium costs. Vehicles that are shown to have higher prevalence or dollar amount of losses will have increased rates.

  The data below shows the historical insurance loss data for Nissan GT-R vehicles. For each coverage category, the claim amount for all vehicles, regardless of manufacturer or model, is a value of 100. Values that are 100 or less are indicative of better than average losses, while numbers that are greater than 100 indicate more frequent claims or statistically larger losses.

  
  

  Nissan GT-R Insurance Claim Statistics

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

  BETTER

  AVERAGE

  WORSE

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

Lower rate quotes on Nissan GT-R insurance in Virginia Beach with these auto insurance discounts

Some providers don’t list every possible discount very clearly, so the list below details both well-publicized and also the lesser-known discounts you could be receiving when you buy Virginia Beach auto insurance online.

• Payment Method – If paying your policy premium upfront instead of paying each month you could save 5% or more.
• Life Insurance – Not all insurance companies offer life insurance, but some may give you a small discount if you purchase some life insurance in addition to your auto policy.
• Theft Prevention Discount – Vehicles optioned with advanced anti-theft systems are stolen less frequently and can earn a small discount on your policy.
• Defensive Driver Discounts – Successfully completing a defensive driver course could cut 5% off your bill and easily recoup the cost of the course.
• No Claims – Drivers who don’t have accidents have much lower rates when compared to accident-prone drivers.
• Drive Less and Save – Low mileage vehicles can earn slightly better auto insurance rates than normal.

As a disclaimer on discounts, many deductions do not apply to all coverage premiums. Most only reduce individual premiums such as collision or personal injury protection. Just because you may think you could get a free auto insurance policy, that’s just not realistic.

The illustration below illustrates the comparison of Nissan GT-R auto insurance rates with and without policy discounts. The premium estimates are based on a female driver, no claims or driving violations, Virginia state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, homeowner, multi-policy, multi-car, and claim-free discounts applied.

A list of companies and some of the discounts are included below.

• Farmers Insurance discounts include business and professional, early shopping, alternative fuel, electronic funds transfer, teen driver, homeowner, and multi-car.
• Esurance includes discounts for anti-lock brakes, multi-car, paid-in-full, good student, and renters.
• State Farm policyholders can earn discounts including anti-theft, driver’s education, student away at school, good student, accident-free, and good driver.
• GEICO has discounts for defensive driver, multi-policy, five-year accident-free, air bags, and daytime running lights.
• Allstate offers discounts for senior citizen, anti-lock brakes, good payer, resident student, and defensive driver.

Double check with all companies you are considering which discounts you may be entitled to. A few discounts might not be offered in your area. To view providers who offer discounts in Virginia Beach, click here to view.

Do I need special coverages?

When buying insurance from an agent or online for your vehicles, there really is no cookie cutter policy. Everyone’s needs are different.

Here are some questions about coverages that can aid in determining if you could use an agent’s help.

• Am I covered if I back into my garage door?
• Is my ex-spouse still covered by my policy?
• What if an uninsured driver hits me?
• What if I total my Nissan GT-R and owe more than it’s worth?
• Is rental equipment covered for theft or damage?
• Is my son or daughter covered when driving my car?
• Is business property covered if stolen from my car?
• Is a blown tire covered by insurance?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you don’t have a local agent, complete this form.

Neighborhood agents and insurance

Some consumers would rather visit with an insurance agent and often times that is recommended A good thing about comparing insurance online is you may find lower rates but still work with a licensed agent.

To help locate an agent, after submitting this simple form, the coverage information is emailed to insurance agents in Virginia Beach that give free quotes for your business. It’s much easier because you don’t need to search for any insurance agencies since price quotes are sent directly to your email. You’ll get the best rates and an insurance agent to talk to. If you want to get a comparison quote from one company in particular, feel free to jump over to their website and submit a quote form there.

Choosing a company shouldn’t rely on just the bottom line cost. The questions below may impact your decision as well.

• How are claims handled?
• Did they already check your driving record and credit reports?
• Is vehicle damage repaired with OEM or aftermarket parts?
• Do the companies they represent have a solid financial rating?
• If they are an independent agency in Virginia Beach, which companies do they recommend?
• Does the company have a local claim office in Virginia Beach?
• What insurance companies do they work with in Virginia Beach?

Once you have received good feedback to any questions you may have and a low price estimate, you’ve probably found an provider that is professional and can adequately provide insurance.

Persistence is the key to affordable rates

When trying to cut insurance costs, it’s very important that you do not skimp on critical coverages to save a buck or two. There have been many situations where someone dropped collision coverage to discover at claim time that the small savings ended up costing them much more. Your focus should be to buy enough coverage for the lowest price, but do not sacrifice coverage to save money.

Budget-conscious Nissan GT-R insurance is attainable both online as well as from independent agents in Virginia Beach, so you need to shop Virginia Beach auto insurance with both to have the best chance of lowering rates. Some insurance companies do not offer rates over the internet and these small insurance companies prefer to sell through local independent agencies.

Consumers leave their current company for many reasons like delays in paying claims, not issuing a premium refund, questionable increases in premium and even denial of a claim. No matter why you want to switch, switching insurance companies is not as difficult as it may seem.

Additional articles

• Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)
• What Car Insurance is Cheapest for a Toyota Corolla in Virginia Beach? (FAQ)
• Who Has the Cheapest Auto Insurance Rates for a Nissan Altima in Virginia Beach? (FAQ)
• How Much is Car Insurance for Teenage Females in Virginia Beach? (FAQ)
• Who Has Cheap Car Insurance Rates for a Chevrolet Equinox in Virginia Beach? (FAQ)
• Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)
• Rollover Crash FAQ (iihs.org)