The age of the driver significantly affects Nissan 350Z car insurance rates. A 16-year-old buying insurance for a 2004 model might pay around $5,781 annually, whereas a 40-year-old would pay only $1,265 per year on average. For a 2009 model, rates for a 16-year-old and 40-year-old average $6,265 and $1,370 per year, respectively. MoneyGeek also ranked the top insurance providers for the Nissan 350Z based on affordability, service quality and claims experience.
Compare the Cost of Nissan 350Z Insurance by Model Year and Company
Updated: January 15, 2025
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Key Takeaways
When considering insurance for a Nissan 350Z, affordability is a prime concern, and it's essential to analyze both full and minimum coverage options. Based on the provided data, here’s a breakdown of the most affordable insurance options for both coverage types:
Full Coverage for Nissan 350Z
- State Farm: This insurer offers the most budget-friendly option for full coverage insurance on a Nissan 350Z, with an annual premium of approximately $1,004. State Farm stands out not only for its cost-effectiveness but also for its favorable service quality and claims experience, making it a great choice for drivers looking for value.
- GEICO: While slightly more expensive, GEICO is another viable choice with an annual premium of $1,165. It provides a balance of affordability and service, holding the second-highest MoneyGeek score for the Nissan 350Z.
Minimum Coverage for Nissan 350Z
- State Farm: Once again leading in affordability, State Farm offers the cheapest minimum coverage policy at $436 per year. This option is ideal for those who want to fulfill legal requirements while keeping costs minimal.
- Progressive: In contrast, Progressive is noted as the most expensive option for minimum coverage at $729 annually, making it a less attractive choice if affordability is your primary concern.
Additional Considerations
The insurance rates are notably influenced by factors such as the driver’s age and the specific model year of the Nissan 350Z. For example, younger drivers, like 16-year-olds, face significantly higher premiums compared to 40-year-olds. It’s crucial to also evaluate service quality and claims management when choosing an insurer.
To summarize, when affordability is the key factor, State Farm emerges as the top choice for both full and minimum coverage, offering competitive rates without compromising on service quality. Always consider your personal circumstances and compare quotes from different insurers tailored to your location and demographics to secure the best deal for your Nissan 350Z insurance.
For insuring a Nissan 350Z, State Farm emerges as the best car insurance provider based on a combination of affordability and service quality. According to MoneyGeek's analysis, State Farm scores 76 out of 100 and offers an annual premium of approximately $1,004 for full coverage. This makes it the most economical choice compared to other providers like Progressive, which has much higher rates.
State Farm's affordability, along with its solid service quality, offers policyholders a great balance of cost-efficiency and reliability.
When it comes to car insurance premiums for the Nissan 350Z, the driver's age is a significant factor influencing the cost. Younger drivers, particularly teenagers, face higher premiums due to their increased risk of involvement in accidents and lack of driving experience. Conversely, more mature drivers benefit from lower rates as they gain experience over time and are statistically less likely to be in accidents.
Insurance Premiums Based on Driver Age
#2004 Nissan 350Z
- 16-year-old driver: Approximately $5,781 annually
- 40**-year-old driver: Ap**proximately $1,265 annually
#2009 Nissan 350Z
- 16-year-old driver: Approximately $6,265 annually
- 40**-year-old driver: Ap**proximately $1,370 annually
For all models of the Nissan 350Z, a 16-year-old driver faces significantly higher insurance costs compared to a 40-year-old. This reflects the insurance industry's perception of risk, with young drivers being more prone to accidents.
Decline in Rates Over Time
As drivers age, especially after their teenage years and into their 20s, their insurance rates begin to stabilize and decrease. This reduction is due to accumulating driving experience and a reduction in perceived risk by insurance companies. The decrease typically continues until around the age of 30, at which point rates stabilize.
Insurance Providers and Rates
The cost of insuring a Nissan 350Z varies not only with age but also with the chosen insurance provider. For instance, State Farm consistently offers more affordable rates for older model years, with costs around $1,045 for a 2004 model and $1,022 for a 2009 model. Conversely, Progressive tends to charge more, highlighting the importance of comparing various insurers.
Summary
Understanding age's impact on insurance premiums can help consumers make informed decisions. Teenagers are advised to be added to family policies to reduce costs. Comparing insurance quotes from different providers can also significantly benefit the policyholder by ensuring they secure the best deal for their specific circumstances.
Why Trust MoneyGeek? We collected thousands of car insurance quotes from Quadrant Information Services to analyze the average rates for a Nissan 350Z.
These rates were updated to reflect the average cost of car insurance for a Nissan 350Z as of 2023.
10Companies Compared
17,928Quotes Analyzed
Average Cost and Cheapest Companies for Insuring a Nissan 350Z
The average cost to insure a Nissan 350Z is $1,386 per year, but this may vary based on your chosen insurer. State Farm is the most affordable auto insurance option, charging approximately $1,004 per year, while Progressive is the priciest provider at an average of $1,675 per year for the same coverage.
For a minimum coverage policy for a Nissan 350Z, the average cost is $540 per year. State Farm provides the cheapest policy at $436 per year, and Progressive is the most expensive at $729 per year.
Data filtered by:Results filtered by:
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Age:40
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Coverage:Full Coverage
| State Farm | $1,004 |
| GEICO | $1,165 |
| Nationwide | $1,268 |
| Travelers | $1,404 |
| Allstate | $1,504 |
| Farmers | $1,533 |
| Progressive | $1,675 |
Is a Nissan 350Z Expensive to Insure?
Insurers consider various factors to determine the insurance costs for a Nissan 350Z. Generally, the car's relatively low value and inexpensive repair costs lead to lower insurance costs because insurance companies are at a lower risk of a significant payout with these vehicles.
Best Companies for Insuring a Nissan 350Z
When buying car insurance for your Nissan 350Z, it's crucial to take into account the insurance provider's claims management and service quality, along with its affordability. According to MoneyGeek's analysis, the following insurers offer the best car insurance for a Nissan 350Z:
- State Farm: MoneyGeek score of 76 out of 100 ($1,004 per year)
- GEICO: MoneyGeek score of 68 out of 100 ($1,165 per year)
State Farm is considered the best car insurance provider for the Nissan 350Z as it offers a combination of affordable rates and excellent service quality, offering policyholders great value for their money.
MoneyGeek Top Pick: State Farm
pros
Offers the cheapest rates
Provides excellent customer support
cons
Doesn’t offer gap insurance, deductible modification, accident forgiveness or new car replacement coverage
Ranks #6 out of 7 providers for claims management
COMPANY HIGHLIGHTS
State Farm offers the best option for insuring your Nissan 350Z, with a combination of affordable pricing and excellent customer service. In addition to offering outstanding value, State Farm provides a few coverage options that are useful for Nissan 350Z drivers, although it lacks many of the most common coverage add-ons.
For instance, policyholders can add roadside assistance coverage to their policies. This rider pays for towing, locksmith services and labor and delivery costs for gas, oil, battery or tires during covered emergencies. Nissan 350Z drivers can also opt for a rental car and travel reimbursement coverage, which assists with costs for rental cars, meals, lodging and transportation if a covered incident renders their vehicle unusable.
Compared to other surveyed insurance companies, State Farm provides the most affordable rates for the Nissan 350Z. It also received the second-highest score for customer service, which means its policyholders typically have a positive experience with this company.
MoneyGeek Runner-Up: GEICO
pros
Ranks #2 for affordability
Above-average customer service
cons
Mediocre claims management
Lacks gap insurance, deductible modification and new car replacement coverage
COMPANY HIGHLIGHTS
MoneyGeek ranks GEICO as the second-best option for insuring your Nissan 350Z due to its cheap premiums and solid customer service. Aside from providing good value for policyholders, GEICO also offers several additional coverage options that enhance a policy’s protections.
For example, their mechanical breakdown insurance (MBI) covers all parts and systems beyond the standard services offered in most dealer-extended warranties. In addition, GEICO's roadside assistance coverage can help pay for tire changes, towing, jump starts and lockout services.
Furthermore, GEICO provides accident forgiveness coverage to its policyholders, which prevents price increases after a driver's first at-fault accident. If you’ve been accident-free for five years and are over 21, you may even qualify for this coverage at no extra cost. Overall, GEICO's combination of low rates and valuable coverage options make it a solid choice for Nissan 350Z owners looking for affordable and reliable car insurance.
Cost of Insuring a Nissan 350Z by Model Year
Auto insurance rates are influenced by the car’s model year, with older vehicles generally having lower premiums due to their decreased value through depreciation. For example, the 2004 Nissan 350Z has an average car insurance cost of $1,265 per year compared to $1,370 per year for a 2009 model.
Data filtered by:Results filtered by:
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Age:40
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Coverage:Full Coverage
| 2009 | $1,370 |
| 2008 | $1,426 |
| 2007 | $1,362 |
| 2006 | $1,326 |
| 2005 | $1,263 |
| 2004 | $1,265 |
To determine your auto insurance rates, your car's model year and preferred insurance provider are crucial factors to consider. State Farm is the most affordable option for insuring a 2004 Nissan 350Z at around $1,045 per year. It’s also the cheapest for a 2009 model at approximately $1,022 per year. This dichotomy illustrates how insurance prices don’t always decrease for newer model years, although this is typically the case.
Data filtered by:Results filtered by:
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Model Year:2009
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Age:40
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Coverage:Full Coverage
| State Farm | $1,022 |
| Nationwide | $1,244 |
| GEICO | $1,313 |
| Farmers | $1,463 |
| Allstate | $1,507 |
| Travelers | $1,525 |
| Progressive | $1,857 |
Cost of Insuring a Nissan 350Z for 16- to 25-Year-Olds
Car insurance rates for young drivers, especially those in their teens and 20s, are generally higher than for drivers aged 30 and above. This is because younger motorists have limited driving experience and higher risks of accidents.
For a Nissan 350Z, a 16-year-old driver can expect to pay an average of $6,141 per year for car insurance, whereas a 40-year-old driver may pay around $1,336 per year. However, as drivers gain experience and age, teen car insurance rates tend to decrease, and rates stabilize once they reach their 20s.
Enrolling a teenage driver in a family plan instead of buying an individual policy is a cost-effective option for reducing car insurance expenses.
For instance, insuring a 16-year-old driver with an individual policy for a 2005 Nissan 350Z through State Farm costs around $2,950 per year, whereas the same policy with Progressive costs about $9,368 per year. It's crucial to compare rates from different providers to find the most affordable option for your family.
Data filtered by:Results filtered by:
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Age:16
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Model Year:2005
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Coverage:Full Coverage
| State Farm | $2,950 |
| Nationwide | $4,829 |
| GEICO | $5,336 |
| Travelers | $5,649 |
| Allstate | $6,761 |
| Farmers | $6,917 |
| Progressive | $9,368 |
How Does Location Affect the Cost of Nissan 350Z Insurance?
Car insurance premiums are calculated based on factors including car make, model year, driver's age and location. As such, the cheapest provider for a specific car model varies by state. Our research shows that Idaho residents pay the least while New York residents pay the highest rates. It's important to compare quotes from the most affordable insurers in your state to get the best deal for your Nissan 350Z.
Data filtered by:Results filtered by:
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Age Group:30-59
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Coverage:Full Coverage
| Alabama | Nationwide | $709 | $59 |
| Alaska | State Farm | $699 | $58 |
| Arizona | Root Insurance Company | $682 | $57 |
| Arkansas | State Farm | $629 | $52 |
| California | AAA California | $1,001 | $83 |
| Colorado | American National P&C | $541 | $45 |
| Connecticut | GEICO | $693 | $58 |
| Delaware | State Farm | $881 | $73 |
| District of Columbia | GEICO | $662 | $55 |
| Florida | State Farm | $1,058 | $88 |
| Georgia | Country Financial | $665 | $55 |
| Hawaii | GEICO | $565 | $47 |
| Idaho | American National P&C | $299 | $25 |
| Illinois | Country Financial | $663 | $55 |
| Indiana | American Family | $555 | $46 |
| Iowa | State Farm | $509 | $42 |
| Kansas | Nationwide | $670 | $56 |
| Kentucky | Nationwide | $790 | $66 |
| Louisiana | Louisiana Farm Bureau | $1,048 | $87 |
| Maine | Concord Group | $521 | $43 |
| Maryland | Progressive | $938 | $78 |
| Massachusetts | State Farm | $483 | $40 |
| Michigan | GEICO | $898 | $75 |
| Minnesota | State Farm | $797 | $66 |
| Mississippi | Direct General Insurance | $723 | $60 |
| Missouri | Nationwide | $909 | $76 |
| Montana | Progressive | $437 | $36 |
| Nebraska | American National P&C | $405 | $34 |
| Nevada | CSAA | $940 | $78 |
| New Hampshire | State Farm | $540 | $45 |
| New Jersey | Plymouth Rock Assurance | $895 | $75 |
| New Mexico | State Farm | $644 | $54 |
| New York | Kemper | $781 | $65 |
| North Carolina | Erie | $630 | $52 |
| North Dakota | American Family | $616 | $51 |
| Ohio | Nationwide | $485 | $40 |
| Oklahoma | State Farm | $662 | $55 |
| Oregon | State Farm | $706 | $59 |
| Pennsylvania | Nationwide | $580 | $48 |
| Rhode Island | State Farm | $700 | $58 |
| South Carolina | American National P&C | $463 | $39 |
| South Dakota | Allstate | $746 | $62 |
| Tennessee | State Farm | $579 | $48 |
| Texas | State Farm | $699 | $58 |
| Utah | Nationwide | $725 | $60 |
| Vermont | State Farm | $493 | $41 |
| Virginia | American Family | $601 | $50 |
| Washington | PEMCO | $534 | $44 |
| West Virginia | Erie | $784 | $65 |
| Wisconsin | GEICO | $556 | $46 |
| Wyoming | State Farm | $745 | $62 |
Frequently Asked Questions About Nissan 350Z Insurance
If you're considering purchasing insurance for a Nissan 350Z, you may have some common questions about insurance costs and service quality. We've answered frequently asked questions to help you find the right policy.
What company has the cheapest car insurance for a Nissan 350Z?
Auto insurance for a Nissan 350Z costs an average of $1,386 per year for full coverage, which is below the average cost of $2,415 for all cars. However, insurance prices can be affected by factors such as the vehicle's model year, driver's age, location and preferred insurer. State Farm offers the lowest rates for the average driver, with coverage priced at approximately $1,004 per year.
What company offers the best car insurance for a Nissan 350Z?
State Farm is MoneyGeek's top-rated auto insurance provider for Nissan 350Z owners, with a MoneyGeek score of 76 out of 100. This company offers affordable rates and exceptional customer service. GEICO was ranked as the runner-up, with slightly lower affordability and customer service scores than State Farm.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.