The Nissan GT-R has been a popular choice for drivers for more than ten years. This is due to its outstanding performance and affordable insurance coverage. The average car owner across the country pays $1674 each year for full coverage, but GT-R owners can expect to pay significantly more.
Car insurance companies use a variety of factors to calculate the rates for individual policies. They also consider the make and model details of the vehicle. It is also more expensive because the car in question is a sports car, making it more expensive.
What is the cost of Nissan GT-R insurance?
We mentioned that the average cost for car insurance when comparing rates across the country is just shy of $1700. To calculate this rate, we used an average vehicle (a Honda Accord) – and a Nissan GT-R is certainly not average.
Insurance companies are aware of this. Insurance companies know this and take into consideration the high-value of the Nissan GT-R when calculating the cost of an insurance policy. They know that they might need to spend more to replace a GT-R in total, so they are prepared for high costs when quoting a policy. They pass on that additional expense to you by charging higher premiums. You should be prepared for a very high Nissan GT-R insurance premium.
Even if your tolerance for risk is high and you would prefer to drive without insurance, your state may require that you carry liability insurance. This will cover you in the event you cause damage to another person’s property or cause injury to someone. Liability coverage covers you for medical bills and property damage, including damage to other motorists’ vehicles. This coverage is required by every state, except New Hampshire. You will probably need some car insurance to protect your Nissan GT-R.
Car insurance for the Nissan GT-R
Recall that insurance companies decide the rate you will pay for your auto insurance policy. They consider your driving record, your driving habits, your location, and your credit score. Your vehicle is also evaluated by them. Higher costs could be incurred if your vehicle is more expensive.
Your rates will differ depending on which factors insurance companies take into consideration and how you are classified. We can give you some rough estimates, though. These were based on 40-year-old drivers with clean driving records, good credit, and an average annual mileage of 12,000 miles. Here’s a look at our average annual premium for our sample drivers.
Nissan GT-Rs are the cheapest car insurance companies
We compared the rates of average drivers with those insurance companies on our top-of list. Then we compared the costs of premiums. This list ranked the top auto insurance companies by market share. It also scored them on important deliverables such as customer service, pricing, and discounts. We compared the top-ranked insurance providers to find the best Nissan GT-R car insurance. Although rates may vary depending on the factors you have already mentioned, you should get an idea of the best Nissan GT-R insurance.
Additional car insurance coverage for Nissan GT-R
Assuming the average, Nissan GT-R drivers don’t pay much more for minimal coverage. This coverage only covers damage you do behind the wheel. Because the GT-R’s size is small, it’s unlikely that it will cause significant damage. Drivers won’t have to pay much for minimal coverage.
However, the GT-R isn’t a cheap car. You will want insurance that covers the car. Our full coverage premiums also include some optional coverage types to give you an idea about the Nissan GT-R’s insurance cost. Our average annual premiums for full coverage Nissan GT-R Insurance include:
You expect your Nissan GT-R car insurance to cover you in the event of damage. Technically, if another driver causes an accident, their liability insurance will pay for the repairs.
What happens if you’re the at-fault driver. You will need collision insurance in that situation. Your property damage liability coverage will cover any damage to other vehicles, but your collision coverage covers the repairs to your GT-R.
Non-accidental damages can be covered by collision coverage. This optional coverage may be helpful if you need to get back in your mailbox.
You should be aware that collision coverage comes with a minimum amount of deductible. This is the amount you have to pay out-of pocket before your insurance provider will cover the rest. For their Nissan GT-R, our sample drivers had a collision deductible of $500.
Car accidents do not cause all vehicle damage. Comprehensive coverage covers your GT-R against theft, vandalism, and damage from wildfires or tree limbs. It covers any expenses that your GT-R may need to repair or replace damaged parts.
Comprehensive coverage is similar to collision coverage. It comes with a deductible. For our average Nissan GT-R car insurance rates, we used 500 comprehensive deductibles as our sample drivers.
Uninsured motorist coverage
Your state’s drivers should have insurance coverage. However, the Insurance Information Institute (III), estimates that about 13% drivers do not have the required liability insurance. Although you can technically sue a driver for damages to your Nissan GT-R’s, uninsured motorist coverage will protect you from the hassle of a legal battle. If the at-fault driver has no car insurance, the policy will cover the expenses up to the limits. Uninsured motorist coverage can be divided into two categories: property damage and bodily injury. You need the latter if you want to protect your GT-R.
These optional protections may be necessary if you own a Nissan GT-R luxury sports car. They will increase the cost of Nissan GT-R car insurance, but they will help drivers avoid the huge expense of replacing a stolen or totaled car.