It goes without saying that insurance companies don’t want you shop around. Insureds who shop around for cheaper price quotes are very likely to buy a new policy because they have a good chance of getting low-cost coverage. A recent survey discovered that drivers who compared rates annually saved on average $70 a month compared to drivers who didn’t regularly shop around.
If finding the best rates on Nissan GT-R insurance in Lexington is the reason you’re here, then having some insight into how to shop and compare coverages can make it easier to find better rates.
If you want to save money, the best way to find low-cost Nissan GT-R insurance is to start doing a yearly price comparison from companies in Lexington. Prices can be compared by following these guidelines.
Step 1: Get a basic knowledge of what coverages are included in your policy and the measures you can control to lower rates. Many things that cause rate increases like accidents, careless driving, and bad credit can be improved by making lifestyle changes or driving safer.
Step 2: Get rate quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only provide price estimates from one company like Progressive or Allstate, while independent agents can provide prices from many different companies.
Step 3: Compare the price quotes to the price on your current policy to see if cheaper GT-R coverage is available. If you find a lower rate, make sure there is no lapse between the expiration of your current policy and the new one.
Step 4: Notify your agent or company of your decision to cancel your current auto insurance policy and submit a signed application and payment for the new coverage. Immediately upon receiving it, put the certificate verifying coverage in your vehicle’s glove compartment or console.
One key aspect when comparing rates is to make sure you enter identical coverages on each quote request and and to get quotes from as many companies as possible. Doing this provides an accurate price comparison and a thorough price selection.
Buying the cheapest car insurance in Lexington can really be easy if you know what you’re doing. If you have coverage now or want to find a cheaper company, you can follow these tips to shop for the lowest rates and still have adequate protection. Vehicle owners only have to learn the best way to quote multiple rates instantly.
Lower rates by qualifying for discounts
Auto insurance companies don’t always advertise every policy discount in a way that’s easy to find, so we took the time to find some of the more common and the more hidden credits available to you. If you check and find you aren’t receiving every discount you deserve, you are not getting the best rate possible.
- Discount for Home Ownership – Owning a house in Lexington may trigger a policy discount on car insurance because of the fact that having a home requires a higher level of personal finance.
- Life Insurance Discount – Not every insurance company offers life insurance, but if they do you may earn a break if you buy a life insurance policy as well.
- Passive Restraint Discount – Cars that have air bags or automatic seat belts can get savings as much as 30%.
- Federal Government Employee – Employees or retirees of the government could qualify for a slight premium decrease depending on your car insurance provider.
- Good Students Pay Less – Performing well in school may save as much as 25% on a Lexington car insurance quote. Earning this discount can benefit you until age 25.
You should keep in mind that some credits don’t apply to your bottom line cost. Most cut the cost of specific coverages such as collision or personal injury protection. Just because it seems like you would end up receiving a 100% discount, it just doesn’t work that way.
The information below illustrates the difference between Nissan GT-R insurance costs with and without discounts applied to the policy rates. The rates are based on a male driver, no claims or violations, Kentucky state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, marriage, claim-free, homeowner, and multi-car discounts applied.
A list of companies and a partial list of their discounts can be found below.
- Progressive policyholders can earn discounts including online signing, good student, multi-policy, multi-vehicle, online quote discount, and continuous coverage.
- GEICO may offer discounts for anti-lock brakes, federal employee, five-year accident-free, daytime running lights, membership and employees, and driver training.
- State Farm may include discounts for Steer Clear safe driver discount, student away at school, good student, accident-free, and multiple autos.
- Esurance may have discounts that include Pac-12 alumni, homeowner, anti-lock brakes, multi-car, and safety device.
- The Hartford includes discounts for good student, driver training, vehicle fuel type, air bag, and anti-theft.
If you are trying to find affordable Lexington car insurance quotes, ask every prospective company which discounts can lower your rates. Discounts may not be offered in Lexington.
The fastest way that we advise to compare insurance rates from multiple companies takes advantage of the fact almost all companies participate in a system to compare rate quotes. The only thing you need to do is take a few minutes to give details like whether you drive to work or school, what you do for a living, if a SR-22 is required, and driver ages. Your details is instantly provided to many highly-rated insurers and you get price estimates immediately.
To get price quotes for your Nissan GT-R now, click here and enter the information requested.
The companies in the list below offer price quotes in Kentucky. If your goal is to find the best car insurance in KY, it’s highly recommended you click on several of them to get the cheapest price.
Insurance statistics and figures
The information displayed below showcases estimates of rate quotes for Nissan GT-R models. Learning as much as possible about how policy rates are determined can be valuable when making decisions when choosing a new policy provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| GT-R Premium AWD 2-Dr | $290 | $696 | $314 | $18 | $94 | $1,412 | $118 |
| GT-R AWD 2-Dr | $290 | $696 | $314 | $18 | $94 | $1,412 | $118 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Kentucky minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-vehicle, and multi-policy. Premium amounts do not factor in specific location which can revise auto insurance rates greatly.
Analysis of deductible levels
When comparing insurance rates, the most common question is how high should your deductibles be. The comparisons below can help you visualize the costs and benefits when you buy lower versus higher policy deductibles. The first rate quote example uses a $100 comprehensive and collision deductible and the second data table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| GT-R Premium AWD 2-Dr | $462 | $1050 | $278 | $16 | $84 | $1,915 | $160 |
| GT-R AWD 2-Dr | $462 | $1050 | $278 | $16 | $84 | $1,915 | $160 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| GT-R Premium AWD 2-Dr | $256 | $554 | $278 | $16 | $84 | $1,188 | $99 |
| GT-R AWD 2-Dr | $256 | $554 | $278 | $16 | $84 | $1,188 | $99 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Premium amounts do not factor in specific garaging location which can increase or decrease coverage prices significantly.
We can estimate from the data above that using a $100 deductible costs an average of $61 more each month or $732 a year than buying 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 have at a minimum 15 months between claims, you would more than likely save some money by selecting a higher deductible.
The illustration below demonstrates how deductibles and can affect Nissan GT-R insurance costs for different categories of driver ages. The prices are based on a married female driver, comp and collision included, and no policy discounts are applied.
You may need specialized insurance coverage
Keep in mind that when it comes to choosing coverage for your personal vehicles, there really is no one size fits all plan. Each situation is unique.
For example, these questions could help you determine whether your personal situation could use an agent’s help.
- What is covered by UM/UIM coverage?
- Do I need replacement cost coverage on my Nissan GT-R?
- Does car insurance cover theft of personal property?
- How can I force my company to pay a claim?
- Does my insurance cover damage caused when ticketed for reckless driving?
- At what point should I drop full coverage?
- What companies insure drivers after a DUI or DWI?
- Is my camper covered by my car insurance policy?
- Is pet coverage available?
If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, simply complete this short form. It is quick, free and can provide invaluable advice.
Compare prices but still have a neighborhood Lexington auto insurance agent
Many drivers would rather have an agent’s advice. Good agents are trained to spot inefficiencies and help in the event of a claim. A nice benefit of getting online price quotes is that you can obtain lower rates and still have an agent to talk to.
After completing this quick form, your insurance data gets sent to agents in your area who want to provide quotes to get your business. It simplifies rate comparisons since you won’t have to drive around since rate quotes are delivered immediately to you. If you wish to get a comparison quote for a specific company, don’t hesitate to navigate to their website and give them your coverage information.
Choosing an insurer requires you to look at more than just the bottom line cost. These are valid questions to ask:
- Can you contact them at any time?
- Do they have 24-hour customer assistance?
- Is the agent CPCU or CIC certified?
- If your car is in the repair shop, do you have coverage for a rental car?
- Where would glass claims be handled in Lexington?
- Will your rates increase after a single accident?
- Do they feel the quoted coverages are adequate?
Do you need an independent or exclusive auto insurance agent?
If you’re trying to find a local insurance agency, it helps to know the two different agency structures that you can choose from. Agencies in Lexington are categorized either exclusive or independent (non-exclusive). Either type can properly insure your vehicles, but it is a good idea to know the difference between them since it can impact buying decisions.
Exclusive Agents
Agents of this type can only provide pricing for a single company and some examples include AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agents are unable to compare rates from other companies so you might not find the best rates. Exclusive agents are trained well on their products and sales techniques which helps them sell on service rather than price. Some insured continue to buy insurance from these agents mostly because of the brand and the convenience of having all coverages with one company.
Shown below are exclusive insurance agencies in Lexington who can help you get price quotes.
- Jeff Briggs – State Farm Insurance Agent
449 Lewis Hargett Cir #150 – Lexington, KY 40503 – (859) 273-8512 – View Map - Allstate Insurance: Bryon Elkins
3101 Richmond Rd #311a – Lexington, KY 40509 – (859) 488-2531 – View Map - Dwight McCarty – State Farm Insurance Agent
3620 Walden Dr #211 – Lexington, KY 40517 – (859) 971-0266 – View Map
Independent Agents (or Brokers)
These type of agents are appointed with more than one company so they can insure your vehicles through many different car insurance companies and find you the best rates. If you want to switch companies, they simply move the coverage in-house and that require little work on your part.
When comparison shopping, you absolutely need to compare prices from several independent insurance agents to ensure the widest selection of prices. Most also have access to additional companies that you may not be familiar with which can save you money.
Below is a short list of independent insurance agents in Lexington who can help you get price quote information.
- Nationwide Insurance: Turner Ins Group LLC
3320 Clays Mill Rd #211 – Lexington, KY 40503 – (859) 219-0972 – View Map - KY Insurance and Investment Grp
3320 Clays Mill Rd Suite 214 – Lexington, KY 40503 – (859) 224-0316 – View Map - Nationwide Insurance: Bryan Joseph Mitchell Agency
252 E Third St – Lexington, KY 40508 – (859) 293-2253 – View Map
More comparisons equals affordable rates
Drivers change insurance companies for any number of reasons including extreme rates for teen drivers, policy cancellation, lack of trust in their agent or even not issuing a premium refund. Whatever your reason, finding a new car insurance company can be less work than you think.
You just read a lot of information how to find affordable Nissan GT-R insurance in Lexington. The key concept to understand is the more companies you get premium rates for, the better likelihood of getting affordable Nissan GT-R insurance quotes. Consumers may even find the most savings is with a company that doesn’t do a lot of advertising.
When shopping online for car insurance, do not skimp on coverage in order to save money. There are too many instances where someone dropped comprehensive coverage or liability limits only to regret at claim time that a couple dollars of savings turned into a financial nightmare. Your focus should be to get the best coverage possible at the best cost, not the least amount of coverage.
Additional information is available on the following sites:
- Rental Reimbursement Coverage (Allstate)
- Who Has the Cheapest Lexington Car Insurance Rates for 18 Year Olds? (FAQ)
- Who Has Cheap Lexington Car Insurance for Seniors? (FAQ)
- How Much are Lexington Auto Insurance Quotes with Multiple Speeding Tickets? (FAQ)
- Vehicle Insurance (Wikipedia)
- Can I Drive Legally without Insurance? (Insurance Information Institute)