How many times have you told yourself it’s time to shop around for the cheapest car insurance rates in Milwaukee, WI? Milwaukee consumers have options when looking for the lowest priced Nissan GT-R insurance. You can either waste hours calling around to get rate comparisons or leverage the internet to make rate comparisons. There is a better way to shop for car insurance so you’re going to learn the proper way to quote coverages for a new or used Nissan and get the cheapest rates from Milwaukee insurance agents and online providers.
It’s a good habit to do rate comparisons as often as possible due to the fact that insurance prices are constantly changing. Even if you got the lowest rate on Nissan GT-R insurance in Milwaukee a year ago there is a good chance you can find better premium rates now. Forget all the misinformation about car insurance because you’re about to learn the easiest way to reduce your cost while increasing coverage.
If you have insurance now or are shopping for new coverage, you can follow these tips to save money and possibly find even better coverage. This information will familiarize you with how insurance works and some money-saving tips. Vehicle owners just have to understand the fastest way to buy insurance online from multiple companies.
Nissan GT-R insurance discounts in Milwaukee
Car insurance is expensive, but there may be some discounts that you may not even be aware of. Some discounts will apply when you complete an application, but a few must be asked for before they will apply. If you aren’t receiving every discount available, you are paying more than you should be.
- Senior Citizens – Drivers that qualify as senior citizens are able to get lower premium rates.
- College Student Discount – Youth drivers who are enrolled in higher education away from home and do not take a car to college could get you a discount.
- Anti-lock Brake System – Vehicles that have anti-lock braking systems are much safer to drive so companies give up to a 10% discount.
- Memberships – Belonging to qualifying clubs or civic groups can get you a small discount on your bill.
- Driving Data Discount – People who choose to allow data collection to scrutinize when and where they use their vehicle remotely such as Snapshot from Progressive or Drivewise from Allstate might get better premium rates if their driving habits are good.
- Federal Employees – Federal government employees could cut as much as 10% off but check with your company.
A little note about advertised discounts, most discounts do not apply to the entire policy premium. Most only cut specific coverage prices like physical damage coverage or medical payments. Even though it appears all the discounts add up to a free policy, companies don’t profit that way.
A few popular companies and a selection of discounts are shown below.
- GEICO includes discounts for air bags, five-year accident-free, military active duty, federal employee, multi-vehicle, and daytime running lights.
- MetLife has discounts for accident-free, defensive driver, claim-free, good student, multi-policy, and good driver.
- Progressive offers premium reductions for online signing, multi-vehicle, homeowner, online quote discount, and multi-policy.
- Travelers offers discounts for home ownership, multi-car, new car, IntelliDrive, and payment discounts.
- SAFECO may include discounts for drive less, multi-car, anti-lock brakes, accident prevention training, and anti-theft.
- AAA offers discounts including multi-policy, anti-theft, pay-in-full, good student, and multi-car.
Before you buy a policy, ask every company how many discounts you can get. Some of the discounts discussed earlier may not apply to policyholders in Milwaukee.
The providers in the list below offer free rate quotes in Milwaukee, WI. If multiple companies are listed, we suggest you visit two to three different companies in order to find the most affordable rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| GT-R Premium AWD 2-Dr | $180 | $390 | $196 | $12 | $58 | $836 | $70 |
| GT-R AWD 2-Dr | $326 | $740 | $196 | $12 | $58 | $1,332 | $111 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Premium amounts do not factor in zip code location which can increase or decrease coverage rates significantly.
Nissan GT-R liability-only versus full coverage
The chart below visualizes the comparison of Nissan GT-R insurance prices when comparing full coverage to liability only. The rates are based on no tickets, no at-fault accidents, $250 deductibles, married male driver, and no discounts are applied.
Should you be buying full coverage?
There isn’t a written rule to delete comprehensive and collision coverage on your policy, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is more than 10% of any settlement you would receive from your insurance company, then you may need to consider dropping full coverage.
For example, let’s pretend your Nissan GT-R book value is $9,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, you would only receive $8,000 after the policy deductible has been paid. If premium cost is more than $800 a year to have full coverage, then you may want to consider only buying liability coverage.
There are some scenarios where eliminating full coverage is not a good idea. If you haven’t paid off your loan, you are required to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your savings is not enough to buy a different vehicle if your current one is damaged, you should keep full coverage on your policy.
Can higher deductibles save money?
When buying car insurance, a common question is where should you set your physical damage deductibles. The rates below can help you understand the premium difference between low and high insurance deductibles. The first data set uses a $100 physical damage coverage deductible and the second price grid uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| GT-R Premium AWD 2-Dr | $326 | $740 | $196 | $12 | $58 | $1,357 | $113 |
| GT-R AWD 2-Dr | $326 | $740 | $196 | $12 | $58 | $1,357 | $113 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| GT-R Premium AWD 2-Dr | $238 | $500 | $196 | $12 | $58 | $1,004 | $84 |
| GT-R AWD 2-Dr | $238 | $500 | $196 | $12 | $58 | $1,004 | $84 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Wisconsin minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Premium costs do not factor in specific zip code location which can alter premiums significantly.
Based on this data, using a $100 deductible will cost you roughly $29 more each month or $348 every year than quoting the higher $500 deductible. Since the policyholder would be required to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you normally average more than 14 months between claim filings, you would probably be better off by going with a higher deductible.
Insurance Premium Influencing Factors
Many different elements are considered when quoting car insurance. A few of the factors are predictable such as traffic violations, but other factors are less obvious such as your credit history or your financial responsibility. It’s important that you understand the factors that help determine your policy premiums. If you have a feel for what controls the rates you pay, this helps enable you to make changes that can earn you cheaper rates.
The itemized list below are some of the factors that factor into rates.
- Safer cars save money – Vehicles with high crash test scores can get you lower premiums. Vehicles engineered for safety have better occupant injury protection and lower injury rates means less money paid by your insurance company passed on to you as lower rates. If the Nissan GT-R has ratings of a minimum four stars on Safercar.gov you may be receiving a better rate.
- Improve your credit rating – Your credit score can be an important factor in your rate calculation. People with high credit scores tend to be more responsible as compared to drivers with poor credit. Therefore, if your credit rating could use some work, you could pay less to insure your Nissan GT-R by repairing your credit.
- Where you live is a factor – Living in small towns and rural areas has it’s advantages when insuring your vehicles. Urban drivers tend to have more aggressive driving styles and more time behind the wheel. Fewer drivers corresponds to lower accident rates in addition to lower liability claims
- Multiple policies with one company can save – Most companies will give better rates to customers that purchase more than one policy such as combining an auto and homeowners policy. Discounts can add up to 10 percent or more. Even if you qualify for this discount already, drivers will still want to compare other company rates to confirm you are receiving the best rates possible.
- When should you not file a claims? – Car insurance companies in Wisconsin give cheaper rates to policyholders who are claim-free. If you file claims often, you can expect either policy cancellation or increased premiums. Your car insurance is intended for the bigger claims that can’t be paid out-of-pocket.
- Driving citations are costly – How you drive has a big impact on rates. Good drivers have lower premiums compared to drivers with tickets. Getting just one driving citation could increase your next policy renewal substantially. Drivers who have received severe tickets like reckless driving or DUI might be required by their state to prove financial responsibility with their state DMV in order to legally drive a vehicle.
- Nissan GT-R historical loss data – Insurers use data from past claims to calculate a rate that will offset any claims. Models that the data shows to have increased claim numbers or amounts will have a higher cost to insure. The table below outlines the historical loss data for Nissan GT-R vehicles.
For each insurance policy coverage type, the loss probability for all vehicles, as an average, equals 100. Numbers shown that are under 100 suggest losses that are better than average, while numbers above 100 indicate a higher chance of having a claim or tendency to have larger claims.
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 Empty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Don’t assume everyone needs the same insurance coverage
When buying the best insurance coverage for your personal vehicles, there isn’t really a best way to insure your cars. Everyone’s situation is unique and your policy should reflect that. Here are some questions about coverages that might help in determining whether you could use an agent’s help.
- At what point should I drop full coverage?
- Am I covered by my spouse’s policy after a separation?
- Does every company file a SR-22 automatically?
- Is there coverage for injuries to my pets?
- Does my personal policy cover me when driving out-of-state?
- Does insurance cover tools stolen from my truck?
- Will my insurance pay for OEM parts?
If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area. It’s fast, free and can provide invaluable advice.
Auto insurance quotes from neighborhood Milwaukee auto insurance agents
A small number of people just want to talk to an insurance agent and that is recommended in a lot of cases Professional insurance agents are highly skilled in risk management and help in the event of a claim. One of the benefits of getting free rate quotes online is you may find the best rates and still have a local agent.
To help locate an agent, after submitting this form (opens in new window), your information is instantly submitted to local insurance agents that provide free Milwaukee car insurance quotes for your auto insurance coverage. It’s much easier because you don’t need to leave your computer because prices are sent to your email. In the event you want to get a rate quote from a specific insurance company, you just need to jump over to their website and submit a quote form there.
Picking an insurance company is decision based upon more than just the bottom line cost. Below are some questions you should ask.
- What will you get paid if your car is a total loss? How is that amount determined?
- What discounts might you be missing?
- Are they in the agency full-time?
- How often do they review coverages?
- Does the agency provide any after hours assistance?
- Do the agents have professional certifications like CPCU or CIC?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
Milwaukee auto insurance agents are either independent or exclusive
When finding an insurance agent, there are a couple of different agency structures and how they function. Auto insurance agencies are classified as either independent or exclusive. Either can write policy coverage, but it is important to understand the differences because it can impact buying decisions.
Exclusive Auto Insurance Agencies
Exclusive agents normally can only provide a single company’s rates like Farmers Insurance, American Family, State Farm and Allstate. Exclusive agents cannot compare rates from other companies so you need to shop around if the rates are high. Exclusive agencies are well schooled on their company’s products which helps overcome the inability to quote other rates. Consumers frequently purchase coverage from exclusives primarily because of high brand loyalty instead of buying on price only.
Below are exclusive insurance agents in Milwaukee that are able to give price quotes.
- Allstate Insurance: Tom Hoffman
2090 Miller Park Way – West Milwaukee, WI 53219 – (414) 384-1200 – View Map - American Family Insurance – Adam Altis
6015 W Forest Home Ave – Milwaukee, WI 53220 – (414) 321-9944 – View Map - American Family Insurance – James W Eve Agency LLC
6917 W Oklahoma Ave – Milwaukee, WI 53219 – (414) 546-2100 – View Map
Independent Agents (or Brokers)
These agents are not restricted to one company so they can write business with an assortment of companies depending on which coverage is best. To move your coverage to a new company, they simply move your policy to a different company and you can keep the same agent. When comparing auto insurance prices, you will want to get several quotes from at least one independent agent in order to compare the most rates. Many write coverage with small regional insurance companies which may provide better rates.
Below is a list of independent insurance agents in Milwaukee that can give you rate quotes.
- Adams Insurance Service Inc
11046 W Bluemound Rd – Milwaukee, WI 53226 – (414) 257-2070 – View Map - See Insurance
4680 W Bradley Rd #203 – Milwaukee, WI 53223 – (414) 355-5433 – View Map - Unisource Insurance Associates, LLC
10425 W North Ave #226 – Milwaukee, WI 53226 – (414) 774-7040 – View Map
After getting satisfactory answers to any questions you have and an affordable coverage quote, you have narrowed it down to an insurance agent that meets the criteria to properly service your auto insurance policy.
Three reasons to insure your Nissan vehicle
Even though it’s not necessarily cheap to insure a Nissan in Milwaukee, maintaining insurance is not optional due to several reasons.
- Just about all states have mandatory insurance requirements which means the state requires a specific level of liability if you want to drive legally. In Wisconsin these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you have a lien on your vehicle, most lenders will make it a condition of the loan that you carry insurance to guarantee their interest in the vehicle. If the policy lapses, the bank may buy a policy for your Nissan for a lot more money and require you to pay the higher price.
- Insurance safeguards not only your car but also your financial assets. Insurance will also pay for medical bills for you, your passengers, and anyone else injured in an accident. Liability coverage also covers legal expenses if you cause an accident and are sued. If your vehicle suffers damage from an accident or hail, your policy will pay to repair the damage minus the deductible amount.
The benefits of insuring your car more than offset the price you pay, particularly if you ever have a claim. An average driver in America is overpaying over $825 a year so it’s very important to do a rate comparison every year to ensure rates are competitive.
Persistence pays off
We just showed you many ideas to save on Nissan GT-R insurance in Milwaukee. The most important thing to understand is the more quotes you get, the more likely it is that you will get a better rate. You may even find the most savings is with the smaller companies. These companies can often insure niche markets at a lower cost than their larger competitors like State Farm, GEICO and Nationwide.
More affordable insurance in Milwaukee can be sourced online as well as from insurance agents, so you need to shop Milwaukee car insurance with both to have the best selection. Some companies may not provide rate quotes online and usually these small insurance companies sell through independent insurance agencies.
Other resources
- Driving in Bad Weather (Insurance Information Institute)
- What Auto Insurance is Cheapest for 17 Year Olds in Milwaukee? (FAQ)
- How Much is Milwaukee Auto Insurance for Low Mileage Drivers? (FAQ)
- How Much is Milwaukee Auto Insurance for a Toyota Highlander? (FAQ)
- Pickups fall short in headlight tests (Insurance Institute for Highway Safety)
- Things to Know Before you Cancel Insurance (Allstate)
- Keeping Children Safe in Crashes Video (iihs.org)
- Distracted Driving Extends Beyond Texting (State Farm)