Compare the Cost of Nissan GT-R Insurance by Model Year and Company

Insurance costs can vary substantially by age. The cost of insuring a 2009 Nissan GT-R for a 16-year-old driver needing full coverage can be as high as $8,237 annually, while a 40-year-old driver insuring the same vehicle would pay around $1,811 per year. Insuring a 2021 Nissan GT-R costs $3,067 per year for a 40-year-old driver and an exorbitant $13,713 per year for a 16-year-old driver.

We also evaluated the best insurers for affordability, service and claims experience.

Insurance for a Nissan GT-R typically costs around $2,499 per year for full coverage. Insurance companies have their own pricing strategies, which means that you may receive a cheaper premium from one insurer for similar coverage than another.

For full coverage, State Farm offers the cheapest car insurance for a Nissan GT-R at $1,898 per year, while Allstate is the most expensive, charging approximately $3,583 per year. GEICO provides the least expensive state minimum coverage for this vehicle at $472 per year, while Progressive charges the highest at $763 per year.

When determining policy rates, insurers will take a look at various factors. There are various factors that contribute to the Nissan GT-R being expensive to insure.

One of the big reasons this vehicle is costly to insure is its retail cost. With a manufacturer’s suggested retail price (MSRP) of $128,040, this is a high-value car. Higher-value vehicles are generally riskier to insure, leading to higher insurance premiums.

We evaluated the best car insurance companies for Nissan GT-R drivers, taking into account factors such as affordability, customer satisfaction and coverage options. The best options for full coverage include:

• State Farm: MoneyGeek score 90 out of 100 ($1,898 per year)
• Travelers: MoneyGeek score 88 out of 100 ($2,258 per year)

State Farm scored above average for customer satisfaction and offers the most affordable policies on average, making it an excellent choice for Nissan GT-R drivers.

The average cost of car insurance for a 2009 Nissan GT-R costs $1,811 per year when purchasing full coverage, while a 2021 Nissan GT-R costs $3,067 per year. The difference in cost could be due to factors such as higher car values, more costly parts and increased likelihood of theft associated with newer car models.

Different insurance companies price their policies differently when insuring the same model year vehicle. State Farm is the most affordable option for insuring a 2009 Nissan GT-R, with a yearly premium of $1,262 for full coverage. State Farm also provides the cheapest policy for a 2021 model at $2,393 annually.

The cost of car insurance can vary considerably depending on the driver's age. Insurance companies typically charge higher premiums to younger drivers, such as teenagers and those in their 20s, due to their increased risk of accidents.

For example, full coverage insurance on a Nissan GT-R for a 16-year-old driver could cost around $10,974 annually, while a 40-year-old driver might pay only $2,449. While teen car insurance can be costly, young drivers should see their rates lower throughout their teens before leveling out in their 20s.

Teen car insurance can be costly when they purchase an individual car insurance policy. To save money, parents can add their teenager to the family policy. This can also be helpful since teens under 18 might need a guardian’s consent to get insurance.

For an individual policy, a 16-year-old driving a 2021 Nissan GT-R could pay $7,882 per year for full coverage with State Farm, which is the most affordable option. The most expensive insurer, Progressive, charges up to $19,386 annually.

By comparing quotes from various insurance companies, teens can find the cheapest policy for their Nissan GT-R.

When it comes to car insurance for your Nissan GT-R, being aware of the significant factors that affect insurance rates is essential. Although the make and model of your car, policy type and driver age play a role, your location matters as well.

The cheapest insurance company for a Nissan GT-R varies by state, with Idaho offering the most affordable rates and Florida being the most expensive. To find the most affordable insurance policy, it is crucial to obtain quotes from several insurers in your state and compare them to get the best deal.

MoneyGeek provides answers about the Nissan GT-R for drivers who want to insure their vehicle or plan to buy this particular car model.