2023 Nissan Z Car Insurance: Is it Affordable or Not?

We compared average insurance rates from the Sport model to the Proto Spec trim to see how insurance rates on the 2023 Nissan Z measure up to all other sports cars.

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  • Car insurance rates for a Nissan Z average $2,032 per year or around $169 per month.
  • Ranked sixth out of 26 other models in the sports car class, car insurance rates for the Nissan Z cost $444 less per year than the average cost for the segment.
  • The Sport trim is the cheapest to insure at around $1,902 per year, or $159 per month.
  • The model with the most expensive insurance is the Proto Spec at $2,116 per year, or around $176 per month.

How much does Nissan Z insurance cost?

Insurance for a 2023 Nissan Z averages $2,032 annually for full coverage, or about $169 monthly. Expect to pay approximately $444 less per year to insure a Nissan Z compared to the average rate for sports cars, but $304 more per year than the overall national average of $1,728 for all vehicles.

The rate summary chart below breaks down average auto insurance cost for a Z using different driver ages and policy limits.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for a 2023 model year Nissan Z with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others. Physical damage deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Rates are averaged across all U.S. states and all Nissan Z trim levels.Data last updated on August 11, 2023
Nissan Z Insurance Cost Summary
2023 Nissan Z Insurance Cost Summary
Driver Risk Profile Annual Rate Monthly Rate
High Risk Driver Age 30$4,564$380
Safe Driver Age 20$4,000$333
At-fault Accidents Age 40$2,840$237
Low Deductibles Age 40$2,666$222
Safe Driver Age 30$2,144$179
Safe Driver Age 40$2,032$169
Safe Driver Age 50$1,846$154
Safe Driver Age 60$1,808$151
High Deductibles Age 40$1,702$142
Discount Rate Age 40$1,686$141

The rate table below shows the estimated annual and 6-month policy costs, in addition to a monthly amount for budgeting, for each Nissan Z package and trim level.

2023 Nissan Z Insurance Cost by Trim Level
Nissan Z Trim Level Annual Policy Six-Month Policy Per Month
Sport$1,902$951$159
Performance$2,076$1,038$173
Proto Spec$2,116$1,058$176

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 Nissan Z, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on August 12, 2023
Nissan Z Insurance Cost by Trim Level

Tips to reduce the cost of insuring a Nissan Z

Insurance rates on a Nissan Z are high in relation to the average car, but are not bad when compared to higher-performance models. There are some things you can do to ensure the cost stays as low as possible, however. The list below has some of the best ways to keep prices down when insuring a Nissan Z.

  • The higher deductible you choose, the lower the policy cost. Raising your policy deductibles from $500 to $1,000 could save around $330 per year for a 40-year-old driver and $632 per year for a 20-year-old driver.
  • Teen drivers cost a lot to insure. Average rates for full coverage Z insurance costs $7,088 per year for a 16-year-old driver, $6,644 per year for a 17-year-old driver, $6,220 per year for an 18-year-old driver, and $5,648 per year for a 19-year-old driver.
  • Negligent drivers pay higher insurance rates. Too many at-fault accidents will increase rates, possibly by an additional $2,778 per year for a 20-year-old driver and even as much as $584 per year for a 60-year-old driver.
  • More mature drivers get better rates than young drivers. The difference in insurance cost on a Z between a 60-year-old driver ($1,808 per year) and a 30-year-old driver ($2,144 per year) is $336, or a savings of 17%.
  • More discounts means cheap Nissan Z insurance rates. Discounts may be available if you are accident-free, are a homeowner, drive low annual mileage, take a defensive driving course, or many other discounts which could save as much as $346 per year (or more).

Nissan Z insurance rates vs. the competition

The Nissan Z ranks sixth out of 26 total comparison vehicles in the sports car category for insurance affordability. The Z costs an average of $2,032 per year for full coverage car insurance, while the category average price is $2,476 per year, a difference of $444 less per year.

When insurance prices are compared to some other models in the sports car category, insurance prices for a Nissan Z cost $698 less per year than the Dodge Challenger, $68 more than the Ford Mustang, and $202 less than the Chevrolet Corvette.

The following table shows how car insurance rates for a 2023 Nissan Z compare to other sports cars.

Insurance Cost Comparison: Nissan Z vs Sports Cars
Rank Make/Model Insurance Cost Difference
1Mazda MX-5 Miata$1,672-$360
2Audi TT$1,876-$156
3Ford Mustang$1,964-$68
4BMW Z4$1,978-$54
5Subaru WRX$2,002-$30
6Nissan Z$2,032--
7Toyota GR Supra$2,066$34
8Toyota GR86$2,092$60
9BMW M2$2,102$70
10Subaru BRZ$2,186$154
11Chevrolet Corvette$2,234$202
12BMW M3$2,282$250
13Lexus RC F$2,330$298
14Porsche 718$2,334$302
15Chevrolet Camaro$2,368$336
16Mercedes-Benz AMG GT53$2,512$480
17Jaguar F-Type$2,600$568
18Porsche Taycan$2,656$624
19BMW M4$2,692$660
20Lexus LC 500$2,722$690
21Dodge Challenger$2,730$698
22Porsche 911$2,964$932
23Acura NSX$3,354$1,322
24Audi R8$3,468$1,436
25Mercedes-Benz SL 55$3,474$1,442
26Mercedes-Benz SL 63$3,698$1,666

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are based on the 2023 model year, with the rated driver being a 40-year-old married male with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to rates, which are averaged for all vehicle trim levels. Full-coverage physical damage deductibles are $500 and rates are also averaged for all U.S. states.Data last updated on August 12, 2023
Insurance Cost Comparison: Nissan Z vs Sports Cars