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.

Start QuoteCompare Z car insurance rates and save on your next policy.

  • Car insurance rates for a Nissan Z average $1,978 per year or around $165 per month.
  • Ranked sixth out of 26 other models in the sports car class, car insurance rates for the Nissan Z cost $434 less per year than the average cost for the segment.
  • The Sport trim is the cheapest to insure at around $1,852 per year, or $154 per month.
  • The model with the most expensive insurance is the Proto Spec at $2,060 per year, or around $172 per month.

How much does Nissan Z insurance cost?

Insurance for a 2023 Nissan Z averages $1,978 annually for full coverage, or about $165 monthly. Expect to pay approximately $434 less per year to insure a Nissan Z compared to the average rate for sports cars, but $293 more per year than the overall national average of $1,685 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 December 30, 2022
Nissan Z Insurance Cost Summary
Nissan Z Insurance Cost Summary
Driver Risk Profile Annual Rate Monthly Rate
High Risk Driver Age 30$4,444$370
Safe Driver Age 20$3,896$325
At-fault Accidents Age 40$2,764$230
Low Deductibles Age 40$2,596$216
Safe Driver Age 30$2,090$174
Safe Driver Age 40$1,978$165
Safe Driver Age 50$1,796$150
Safe Driver Age 60$1,760$147
High Deductibles Age 40$1,656$138
Discount Rate Age 40$1,642$137

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 6-month Policy Per Month
Sport$1,852$926$154
Performance$2,022$1,011$169
Proto Spec$2,060$1,030$172

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 December 30, 2022
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 $322 per year for a 40-year-old driver and $616 per year for a 20-year-old driver.
  • Teen drivers cost a lot to insure. Average rates for full coverage Z insurance costs $6,904 per year for a 16-year-old driver, $6,474 per year for a 17-year-old driver, $6,058 per year for a 18-year-old driver, and $5,500 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 $2,708 per year for a 20-year-old driver and even as much as $572 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 ($1,760 per year) and a 30-year-old driver ($2,090 per year) is $330, or a savings of 15.8%.
  • 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 $336 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 $1,978 per year for full coverage car insurance, while the category average price is $2,412 per year, a difference of $434 less per year.

When insurance prices are compared to some other models in the sports car category, insurance prices for a Nissan Z cost $682 less per year than the Dodge Challenger, $64 more than the Ford Mustang, and $198 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$1,630-$348
2Audi TT$1,828-$150
3Ford Mustang$1,914-$64
4BMW Z4$1,928-$50
5Subaru WRX$1,948-$30
6Nissan Z$1,978--
7Toyota GR Supra$2,010$32
8Toyota GR86$2,034$56
9BMW M2$2,036$58
10Subaru BRZ$2,128$150
11Chevrolet Corvette$2,176$198
12BMW M3$2,224$246
13Lexus RC F$2,270$292
14Porsche 718$2,272$294
15Chevrolet Camaro$2,310$332
16Mercedes-Benz AMG GT53$2,448$470
17Jaguar F-Type$2,534$556
18Porsche Taycan$2,590$612
19BMW M4$2,622$644
20Lexus LC 500$2,652$674
21Dodge Challenger$2,660$682
22Porsche 911$2,890$912
23Acura NSX$3,268$1,290
24Audi R8$3,378$1,400
25Mercedes-Benz SL 55$3,382$1,404
26Mercedes-Benz SL 63$3,600$1,622

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are based on 2023 model year, 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, which is averaged for all vehicle trim levels. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on December 30, 2022
Insurance Cost Comparison: Nissan Z vs Sports Cars