Cheaper 2017 Nissan Altima Insurance Cost

Are you sick and tired of not being able to scrape enough together to insure your Nissan every month? You are in the same boat as many other consumers. Since you have so many online and local companies to choose from, it is very difficult to find a more affordable insurance company.

How car insurance companies determine Nissan Altima insurance premiums

When buying car insurance it’s important to understand the factors that play a part in calculating car insurance rates. If you have a feel for what determines premiums, this allows you to make good choices that may reward you with lower rates.

The factors shown below are most of the major factors used by your company to calculate your rates.

• Bad credit will cost you – Having a bad credit history is a big factor in determining premium rates. If your credit rating is not that good, you could potentially save money when insuring your 2017 Nissan Altima by improving your rating. Insureds with high credit scores tend to file fewer claims and have better driving records than drivers who have poor credit.
• Extra policy coverages that may not be needed – Policies have add-on coverages you can purchase if you aren’t diligent. Coverages for coverage for rental cars, death and dismemberment, and additional equipment coverage may be costing you every month. The coverages may be enticing when discussing your needs, but now you might not need them so consider taking them off your policy.
• Women pay lower costs – Over the last 30 years, statistics show that men are more aggressive behind the wheel. It does not mean women are BETTER drivers than men. They both cause fender benders in similar percentages, but the male of the species tend to have higher claims. Men also tend to get higher numbers of serious violations such as driving while intoxicated (DWI) or driving recklessly. Males from age 16 to 21 cause the most accidents and therefore have the most expensive car insurance rates.
• Youthful drivers cost more – Teenage drivers have a tendency to be less responsible with other occupants in the car so car insurance rates are higher. If you’ve ever had to add a first-time driver onto a policy can really hurt. Older insureds tend to be more responsible, tend to file fewer claims and receive fewer citations.
• Getting married reduces risk – Being married can get you a discount on your policy. It is viewed as being less irresponsible and insurance companies reward insureds because married drivers get in fewer accidents.
• Liability insurance is cheap – Your policy’s liability coverage is the protection if a court rules you are at fault for physical damage or personal injury to other. Liability provides for a legal defense which can cost thousands of dollars. It is affordable coverage as compared to coverage for physical damage, so drivers should carry high limits.
• Tough vocation may mean higher prices – Did you know your car insurance rates can be affected by your occupation? Jobs like real estate brokers, executives and accountants generally pay higher premiums than the average policyholder due to high stress levels and lengthy work days. On the flip side, occupations like scientists, athletes and homemakers generally pay rates lower than average on Altima coverage.
• Bump up deductibles to lower rates – Physical damage coverage, termed comprehensive and collision coverage on your policy, is used to repair damage to your Nissan. Examples of covered claims could be a broken windshield, hail damage, and having your car stolen. Your deductibles define the amount you are willing to pay in the event of a claim. The more damage repair cost you have to pay, the lower your rates will be on Altima coverage.

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Discounts for cheaper insurance coverage rates

Companies that sell car insurance don’t list the complete list of policy discounts very well, so here is a list a few of the more well known and also the more inconspicuous discounts that you can inquire about if you buy insurance coverage online. If they aren’t giving you every credit available, you may be paying too high a price.

• Discount for Passive Restraints – Vehicles equipped with air bags or motorized seat belts may earn rate discounts as much as 30%.
• Bundled Policy Discount – When you have multiple policies with one company you could get a discount of as much as 10 to 15 percent.
• Telematics Data – People who choose to allow companies to scrutinize driving patterns by using a small device installed in their vehicle such as State Farm’s In-Drive may get a rate reduction if they exhibit good driving behavior.
• Early Switch Discount – Some larger companies give discounts for switching policies early. You could save around 10% when you buy insurance coverage online.
• Driver’s Ed – It’s a good idea to have your young drivers complete a driver education course in high school.
• Pay Upfront and Save – If you pay your entire premium ahead of time instead of monthly or quarterly installments you can avoid the installment charge.
• Good Student – A discount for being a good student may save you up to 25%. This discount can apply well after school through age 25.

A little note about advertised discounts, some of the credits will not apply to all coverage premiums. Most only reduce individual premiums such as collision or personal injury protection. Despite the fact that it seems like having all the discounts means you get insurance for free, company stockholders wouldn’t be very happy.

Large insurance coverage companies and a selection of discounts are detailed below.

• State Farm offers discounts including anti-theft, student away at school, driver’s education, Steer Clear safe driver discount, and multiple policy.
• Esurance may have discounts that include good driver, claim free, homeowner, online quote, renters, and online shopper.
• Progressive policyholders can earn discounts including multi-vehicle, online signing, online quote discount, homeowner, multi-policy, good student, and continuous coverage.
• Liberty Mutual may offer discounts for good student, new vehicle discount, safety features, hybrid vehicle, and new move discount.
• Auto-Owners Insurance discounts include multi-policy, multiple vehicles, air bags, paperless, and mature driver.
• Geico has discounts for multi-policy, air bags, membership and employees, defensive driver, military active duty, and federal employee.

Before you buy a policy, ask each company the best way to save money. A few discounts might not be offered on policies in your area. If you would like to see a list of companies that offer some of these discounts, click here.

Insurance coverage companies are expert advertisers

Consumers can’t ignore all the ads for the lowest price insurance coverage from the likes of Geico, State Farm and Progressive. They all seem to make the same claim about savings if you get a free insurance coverage quote and switch your coverage to them.

How can each company save you money? It’s all in how they say it.

All companies look for specific characteristics for the type of customer that will most likely be profitable. For instance, this type of driver might have to be over the age of 40, has few claims, and has excellent credit. Anybody who meets those qualifications is entitled to the best price as well as save when switching.

Drivers who do not fit the ideal profile will be charged more expensive rates which results in business not being written. If you listen to the ad wording, they say “drivers who switch” but not “all drivers who get quotes” save that much. That’s why insurance companies can claim big savings.

Because of these techniques, you really need to get price quotes at each policy renewal. Because you never know which insurance coverage company will have the lowest rate quotes.

You may need specialized car insurance coverage

When buying coverage, there really is no one size fits all plan. Everyone’s situation is a little different so this has to be addressed. Here are some questions about coverages that can aid in determining whether you would benefit from professional advice.

• How much liability do I need to cover my assets?
• Do I need special endorsements for business use of my vehicle?
• Does my personal policy cover me when driving out-of-state?
• If my 2017 Nissan Altima is totaled, can I afford another vehicle?
• What if I owe more than I can insure my car for?
• Should I carry comprehensive and collision coverage?
• Should I have a commercial auto policy?

If you can’t answer these questions but one or more may apply to you, you may need to chat with an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of car insurance companies in your area. It only takes a few minutes and may give you better protection.

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Insurance policy coverages for a Nissan Altima

Learning about specific coverages of your policy can help you determine the best coverages and the correct deductibles and limits. Insurance terms can be confusing and coverage can change by endorsement. Shown next are typical coverages offered by insurance companies.

Auto collision coverage

Collision coverage pays for damage to your Altima from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as colliding with a tree, colliding with another moving vehicle, driving through your garage door and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to choose a higher deductible to bring the cost down.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance provide coverage for expenses like ambulance fees, prosthetic devices, hospital visits and nursing services. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. PIP is not an option in every state and may carry a deductible

Auto liability

Liability coverage will cover injuries or damage you cause to other people or property. It protects YOU against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Some companies may use a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.

Liability insurance covers things like repair costs for stationary objects, funeral expenses, attorney fees, emergency aid and legal defense fees. The amount of liability coverage you purchase is up to you, but you should buy as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and also any damage incurred to your 2017 Nissan Altima.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Comprehensive insurance

Comprehensive insurance coverage covers damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as a tree branch falling on your vehicle, falling objects, fire damage and theft. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Final thoughts

We covered some good ideas how you can shop for 2017 Nissan Altima insurance online. The most important thing to understand is the more rate quotes you have, the better likelihood of getting the cheapest insurance coverage. Consumers could even find that the biggest savings come from some of the smallest insurance companies. These smaller insurers may cover specific market segments cheaper than the large multi-state companies such as Progressive and Geico.

As you prepare to switch companies, do not buy less coverage just to save a little money. There are too many instances where an accident victim reduced liability limits or collision coverage only to find out they didn’t purchase enough coverage. Your goal should be to find the BEST coverage at the lowest possible cost, but don’t skip important coverages to save money.

For more information, link through to these articles:

• Keeping Children Safe in Crashes Video (iihs.org)
• Electronic Stability Control FAQ (iihs.org)
• Comprehensive Coverage (Liberty Mutual)
• Distracted Driving Statistics (Insurance Information Insitute)
• Bodily Injury Coverage (Liberty Mutual)
• Coverage Information (Progressive Insurance)

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