Best Insurance for a Nissan GT-R in Plano

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A recent auto insurance study discovered that the majority of drivers kept their policy with the same company for more than four years, and about 40% of consumers have never even compared quotes to find cheap rates. Most drivers in Texas can save hundreds of dollars each year by just comparing quotes, but most tend to underestimate the rate savings if they switched.

Insurance rates Nissan GT-R in PlanoIt takes a few minutes, but the best way to find lower priced Nissan GT-R insurance in Plano is to compare prices regularly from insurers who provide auto insurance in Texas.

Step 1: Spend some time learning about what coverages are included in your policy and the modifications you can make to prevent rate increases. Many policy risk factors that cause high rates like traffic violations and a bad credit rating can be remedied by making minor driving habit or lifestyle changes.

Step 2: Request rate estimates from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only give rate quotes from one company like Progressive or State Farm, while independent agents can provide rate quotes for many different companies.

Step 3: Compare the new rates to the premium of your current policy to see if switching to a new carrier will save money. If you find a better price, make sure there is no lapse in coverage.

Step 4: Tell your current company to cancel your current policy. Submit the signed application along with the required initial payment to your new agent or company. Once the paperwork is finalized, keep the new certificate verifying proof of insurance with the vehicle registration.

One important bit of advice is to make sure you enter similar coverage information on every price quote and and to get prices from all possible companies. Doing this provides a fair price comparison and the best price quote selection.

Locating the best rates in Plano is quite easy if you know the best way to do it. Virtually every vehicle owner who carries auto insurance most likely will be able to reduce their rates. But Texas car owners need to have an understanding of how companies calculate your auto insurance rates and use it to your advantage.

Auto insurance discounts help lower rates for Nissan GT-R insurance in Plano

Insuring your fleet can be pricey, but companies offer discounts that you may not even be aware of. Many discounts should be triggered at the time you complete a quote, but once in a while a discount must be asked for in order for you to get them.

  • Air Bag Discount - Vehicles with factory air bags and/or automatic seat belt systems may earn rate discounts of 20 to 30 percent.
  • Low Mileage Discounts - Fewer annual miles on your Nissan can qualify you for substantially lower rates.
  • Seat Belts Save - Forcing all vehicle occupants to buckle up before driving may be able to save a few bucks on the premium charged for medical payments and/or PIP.
  • Telematics Data Discounts - Insureds that choose to allow their insurance company to monitor driving patterns by using a telematics device in their vehicle such as Progressive's Snapshot and State Farm's In-Drive might get better premium rates if they exhibit good driving behavior.
  • Theft Deterrent Discount - Cars and trucks optioned with advanced anti-theft systems prevent vehicle theft so companies will give you a small discount.
  • Multi-policy Discount - When you have multiple policies and insure them both with the same insurance company you could get a discount of 10% to 20% off each policy.
  • Employee of Federal Government - Having worked for a branch of the government could provide a small rate reduction depending on your company.
  • Early Signing - A few auto insurance companies offer discounts for switching companies before your current expiration date. This discount can save up to 10%.

As a disclaimer on discounts, most discounts do not apply to all coverage premiums. Most cut individual premiums such as medical payments or collision. Even though it may seem like all the discounts add up to a free policy, nobody gets a free ride.

The chart below shows the difference between Nissan GT-R car insurance rates with and without discounts applied to the rates. The prices are based on a female driver, no tickets, no at-fault accidents, Texas state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, claim-free, multi-policy, multi-car, homeowner, and safe-driver discounts applied.

Insurance companies that may offer policyholders these discounts include:

Check with every insurance company to apply every possible discount. Savings may not apply to policies in Plano. For a list of insurance companies offering auto insurance discounts in Plano, click here to view.

When price shopping your coverage, quoting more helps improve the odds of finding better pricing.

The following companies offer price comparisons in Plano, TX. To buy the best cheap car insurance in Plano, it's highly recommended you visit as many as you can in order to get a fair rate comparison.

Nissan GT-R insurance charts and tables

The price information below covers a range of rate quotes for Nissan GT-R models. Having a better idea how insurance rates are determined can be useful when making smart choices when selecting a coverage provider.

Nissan GT-R Insurance Rates in Plano, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
GT-R Premium AWD 2-Dr $358 $762 $334 $20 $100 $1,574 $131
GT-R AWD 2-Dr $358 $762 $334 $20 $100 $1,574 $131
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Data based on married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Premium amounts do not factor in specific zip code location which can lower or raise premium rates considerably.

Should you raise deductibles?

When shopping for car insurance, a common question is what deductibles to buy. The data tables below can help you visualize how much more rates are when you buy lower versus higher comp and collision deductibles. The first data set uses a $100 physical damage coverage deductible and the second price table uses a $1,000 deductible.

Nissan GT-R insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
GT-R Premium AWD 2-Dr $538 $1226 $324 $20 $96 $2,229 $186
GT-R AWD 2-Dr $538 $1226 $324 $20 $96 $2,229 $186
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 $298 $646 $324 $20 $96 $1,384 $115
GT-R AWD 2-Dr $298 $646 $324 $20 $96 $1,384 $115
Get Your Own Custom Quote Go

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Rates do not factor in the specific area where the vehicle is garaged which can impact price quotes significantly.

Based on the data above, we can derive that using a $100 deductible will cost you roughly $71 more each month or $852 each year than selecting the higher $1,000 deductible. Because you would be required to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you average at least 13 months between claims, you would come out ahead if you choose a higher deductible.

How to determine when to raise deductibles

Average monthly premium for $100 deductibles: $186
Average monthly premium for $1,000 deductibles (subtract): - $115
Monthly savings from raising deductible: $71
Difference between deductibles ($1,000 - $100): $900
Divide difference by monthly savings: $900 / $71
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 13 months

The information below illustrates how your choice of deductibles and can influence Nissan GT-R annual premium costs for different ages of insureds. The costs are based on a married male driver, full coverage, and no additional discounts are factored in.

Insurance premiums for males and females

The information below illustrates the difference between Nissan GT-R premium costs for male and female drivers. The data assumes no claims or driving violations, full physical damage coverage, $100 deductibles, marital status is single, and no discounts are applied to the premium.

You Can Change Your Insurance Prices

When buying car insurance it's important to understand the rating factors that help determine your policy premiums. When you understand what positively or negatively impacts your premiums, this helps enable you to make changes that may result in lower car insurance prices.

The list below includes some of the most rate-impacting factors used by companies to determine rates.

Discounts for alarm systems - Owning a car with a theft deterrent system can get you a discount on your car insurance. Anti-theft devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart auto theft.

No car insurance gaps is important - Not having insurance is not a good idea and your next policy will cost more because you let your insurance lapse for non-payment. In addition to paying higher premiums, being ticketed for driving with no insurance may result in a revoked license or a big fine.

Traffic violations mean higher prices - Your driving citation history influences premium rates substantially. Only having one ticket could increase your next policy renewal by twenty percent. Good drivers pay lower auto insurance prices compared to drivers with tickets. Drivers who have received license-revoking violations like hit and run, DWI or reckless driving convictions may find they need to file a proof of financial responsibility form (SR-22) with their state in order to prevent a license revocation.

The information below shows how speeding tickets and at-fault collisions can raise Nissan GT-R annual premium costs for different ages of insureds. The price estimates are based on a married female driver, comp and collision included, $1,000 deductibles, and no discounts are taken into consideration.

The type of car you drive affects your premiums - The make and model of the car you need to insure makes a significant difference in the rate you pay. Lower performance four cylinder passenger vehicles generally have the cheapest insurance rates, but that's not the only thing that factors into the final price.

The following chart assumes a single male driver age 50, full coverage with $1000 deductibles, and no discounts or violations. The data compares Nissan GT-R policy rates compared to other makes and models that have a range of performance rating factors.

Five star crash test rating saves money - Safer cars get lower rates. These vehicles help reduce the chance of injuries in an accident and fewer injuries translates into fewer and smaller insurance claims passed on to you as lower rates. If the Nissan GT-R is rated at a minimum an "acceptable" rating on the Insurance Institute for Highway Safety website you may pay a lower rate.

Insurance rates for married couples - Having a spouse actually saves money on car insurance. Marriage may mean you are more responsible and insurance companies reward insureds because drivers who are married are more cautious.

Miles impacts prices - The more you drive annually the higher your rates will be. Most companies charge to insure your cars determined by how the vehicle is used. Autos that do not get driven very much get more affordable rates compared to those used for work or business. An incorrectly rated GT-R may be costing you higher rates. Verify your car insurance coverage shows the proper vehicle usage, because it can save money.

Loss statistics for a Nissan GT-R - Companies factor in historical loss data as a way to help calculate a profitable premium price. Vehicles that the statistics show to have higher number or severity of losses will have a higher cost to insure.

The data below shows the actual insurance loss data for Nissan GT-R vehicles. For each policy coverage type, the claim amount for all vehicles, without regard to make or model, is equal to 100. Percentages below 100 indicate better than average losses, while numbers above 100 show a trend for more claims or an increased probability of a larger loss.

Car Insurance Loss Data for Nissan GT-R Models
Specific Nissan 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
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Buying from auto insurance agents

Certain consumers just want to go talk to an agent and that is not a bad decision An additional benefit of comparing rate quotes online is that you can obtain cheaper premium rates but still work with a licensed agent.

Find insurance agent in PlanoTo find an agent, once you fill out this quick form, your insurance data is transmitted to insurance agents in Plano that provide free Plano car insurance quotes for your insurance coverage. There is no reason to search for an agent because quoted prices will be sent directly to your email. You can find the lowest rates AND a local agent. If you wish to get a comparison quote from a specific insurance company, you just need to search and find their rate quote page and fill out the quote form the provide.

Selecting an insurer should depend on more than just a cheap quote. Some important questions to ask are:

  • Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
  • Will the company cover a rental car if your car is getting fixed?
  • How long have they worked with personal auto insurance coverage?
  • Is the quote a firm price?
  • How many years have they been established?
  • Do they have 24-hour customer assistance?

If you are wanting to purchase insurance from a local insurance agency, it's important to understand the different types of agents and how they differ in how they can insure your vehicles. Insurance agents can either be independent agents or exclusive agents depending on their employer.

Exclusive Insurance Agents

These type of agents can only provide one company's prices and some examples include American Family, State Farm, and AAA. Exclusive agencies are unable to place coverage with different providers so always compare other rates. Exclusive insurance agents receive extensive training in insurance sales which helps them sell insurance even at higher premiums.

Shown below are Plano exclusive insurance agents willing to provide price quotes.


2301 W Parker Rd #1 - Plano, TX 75023 - (972) 596-4809 - View Map


3608 Preston Rd #200 - Plano, TX 75093 - (972) 867-0090 - View Map


8612 Preston Rd d119 - Plano, TX 75024 - (972) 384-2660 - View Map

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Independent Insurance Agencies

These type of agents do not work for one specific company so they can write business amongst many companies and find the cheapest insurance rates. If prices rise, they simply switch companies in-house and you stay with the same agent. When comparing insurance rates, you should always get several quotes from multiple independent agents for the best price selection.

Shown below is a list of independent insurance agents in Plano willing to provide price quote information.

Best Insurance Agent
4332 Belvedere Dr - Plano, TX 75093 - (972) 398-2697 - View Map


3415 Custer Rd #161 - Plano, TX 75023 - (972) 964-4825 - View Map


4040 McDermott Rd #200 - Plano, TX 75024 - (972) 668-1000 - View Map

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Buying the right Nissan vehicle insurance in Texas is an important decision

Even though it's not necessarily cheap to insure a Nissan in Plano, buying car insurance serves a purpose in several ways.

  • Just about all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry specific minimum amounts of liability insurance coverage in order to drive the car. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
  • If your vehicle has a loan, almost all lenders will force you to have full coverage to ensure the loan is repaid in case of a total loss. If you cancel or allow the policy to lapse, the bank may buy a policy for your Nissan at an extremely high rate and force you to pay for the expensive policy.
  • Insurance protects not only your car but also your financial assets. It will also provide coverage for medical transport and hospital expenses incurred in an accident. Liability insurance, one of your policy coverages, also covers all legal expenses up to the policy limit if you are sued as the result of an accident. If you have damage to your Nissan as the result of the weather or an accident, your car insurance policy will cover the repair costs.

The benefits of buying car insurance outweigh the cost, specifically if you ever have a liability claim. According to a 2015 survey, the average American driver is overpaying over $869 every year so compare rates once a year at a minimum to make sure the price is not too high.

Which auto insurance company is best in Texas?

Choosing the top auto insurance company is hard considering how many companies sell coverage in Texas. The ranking data shown below may help you choose which auto insurance companies to look at comparing rates from.

Top 10 Plano Car Insurance Companies by A.M. Best Rank

  1. Travelers - A++
  2. USAA - A++
  3. GEICO - A++
  4. State Farm - A++
  5. Titan Insurance - A+
  6. Esurance - A+
  7. Progressive - A+
  8. The Hartford - A+
  9. Allstate - A+
  10. Nationwide - A+

Top 10 Plano Car Insurance Companies Ranked by Customer Satisfaction

  1. USAA - 91%
  2. AAA Insurance - 90%
  3. Esurance - 90%
  4. Mercury Insurance - 89%
  5. Nationwide - 89%
  6. Travelers - 88%
  7. Progressive - 88%
  8. Safeco Insurance - 88%
  9. State Farm - 88%
  10. Allstate - 88%

Affordable coverage is out there

As you shop your coverage around, you should never sacrifice coverage to reduce premiums. There are many occasions where consumers will sacrifice comprehensive coverage or liability limits and learned later that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to buy enough coverage at the best possible price while still protecting your assets.

We just covered some good ideas how to lower your Nissan GT-R insurance rates in Plano. The key concept to understand is the more times you quote, the better likelihood of getting affordable Plano car insurance quotes. Consumers may even find the best price on auto insurance is with an unexpected company. They may only write in your state and offer lower car insurance rates compared to the large companies like Progressive or GEICO.

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