Save on 1995 Nissan Altima Insurance Rates

Purchasing low-cost insurance might appear rather difficult for people who are new to comparing rates and buying insurance online. With so many online companies, how can you effectively compare every company to locate the best available price?

You should make it a habit to do rate comparisons every six months due to the fact that insurance prices are adjusted regularly by insurance companies. Even if you got the best deal on Altima insurance a couple years back you can probably find a better rate now. Block out anything you think you know about insurance because we’re going to show you the best way to remove unneeded coverages and save money.

Insurance rate influencing factors

Many different elements are taken into consideration when you quote your car insurance policy. Some of the criteria are obvious such as your driving record, but other criteria are less obvious like your continuous coverage or your vehicle rating.

The list below includes a partial list of the pieces used by insurance companies to determine your prices.

  • Lower prices with GPS tracking and theft deterrents – Choosing a vehicle with advanced anti-theft systems can get you a discount on your insurance coverage. Theft prevention features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder car theft and help bring rates down.
  • Protect yourself with liability insurance – The liability section of your policy will protect you if ever you are ruled to be at fault for personal injury or accident damage. Your liability coverage provides legal defense to attempt to prove you were not liable. This coverage is very inexpensive compared to comp and collision, so do not cut corners here.
  • A insurance coverage policy lapse can increase insurance coverage rates – Driving with no insurance is not a good idea and your next policy will cost more because you let your coverage have a gap. In addition to paying higher rates, the inability to provide proof of insurance can result in fines and jail time. You will then be forced to file a SR-22 with your state department of motor vehicles.
  • Expect high rates for teens – Young drivers are statistically shown to be less responsible with other occupants in the car so insurance coverage rates are higher. Older drivers tend to be more responsible, tend to cause fewer accidents and are safer drivers.
  • Safety ratings are a factor – Cars with high safety ratings tend to be cheaper to insure. Safer cars reduce the chance of injuries and reduced instances of injuries translates into savings for insurance companies and cheaper rates on your policy. If your Nissan Altima has at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it may be receiving lower rates.
  • Pleasure use saves money – The more you drive annually the more it will cost to insure it. The majority of insurers charge to insure your cars based on their usage. Autos not used for work or commuting cost less to insure than vehicles that are driven to work every day. Having the wrong rating on your Altima may be costing you. Make sure your declarations sheet is rated on the right rating data, because improper ratings can cost you money.
  • Marriage can lower costs – Your spouse can get you a discount when buying insurance coverage. Marriage demonstrates that you tend to be more stable financially and insurance companies reward insureds because married couples file fewer claims.

The method we recommend to compare insurance rates in your area is to understand most insurance companies participate in online systems to provide you with free rate quotes. The one thing you need to do is provide the companies a bit of rating information like the year, make and model of vehicles, whether or not you need a SR-22, marital status, and the ages of drivers. Your details is automatically sent to insurance carriers in your area and they respond with quotes almost instantly.

Don’t overlook these auto insurance discounts

Companies that sell car insurance do not list every disount available very well, so the following is a list of both well-publicized and also the more inconspicuous discounts that may be available.

  • ABS Braking Discount – Vehicles that have anti-lock braking systems can avoid accidents and will save you 10% or more.
  • Low Mileage Discounts – Fewer annual miles on your Nissan could be rewarded with lower premium rates due to less chance of an accident.
  • Bundle and Save – If you insure your home and vehicles with the same company you may save up to 20% and get you cheap insurance.
  • Claim-Free Discount – Drivers who stay claim-free have much lower rates when compared to bad drivers.
  • Paperwork-free – Certain insurance companies will discount your bill up to fifty bucks for buying a policy and signing up on the web.

Policy discounts save money, but most credits do not apply to the entire cost. Most cut individual premiums such as liability, collision or medical payments. So when the math indicates adding up those discounts means a free policy, company stockholders wouldn’t be very happy.

A list of auto insurance companies and the discounts they provide are included below.

  • State Farm policyholders can earn discounts including multiple autos, Drive Safe & Save, good student, accident-free, defensive driving training, and anti-theft.
  • American Family may include discounts for multi-vehicle, air bags, TimeAway discount, Steer into Savings, good driver, mySafetyValet, and early bird.
  • Geico may have discounts that include daytime running lights, anti-theft, military active duty, seat belt use, membership and employees, air bags, and anti-lock brakes.
  • 21st Century may offer discounts for good student, homeowners, driver training, 55 and older, defensive driver, and teen driver.
  • Progressive discounts include multi-policy, online signing, continuous coverage, online quote discount, good student, and homeowner.

Check with each company how you can save money. Depending on the company, some discounts may not be offered in your area. If you would like to see a list of companies that offer discounts, follow this link.

When to get professional advice

When choosing the right insurance coverage for your personal vehicles, there really is not a perfect coverage plan. Your needs are not the same as everyone else’s.

For example, these questions could help you determine if your insurance needs will benefit from professional help.

  • Which is better, split liability limits or combined limits?
  • Where can I get insurance after a DUI in my state?
  • Should I drop comprehensive coverage on older vehicles?
  • How does medical payments coverage work?
  • Should I sign the liability waiver when renting a car?
  • Am I covered if I break a side mirror?
  • Am I covered if I wreck a rental car?
  • Can my babysitter drive my car?
  • What can I do if my company won’t pay a claim?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to an agent. If you don’t have a local agent, take a second and complete this form.

Insurance coverages 101

Having a good grasp of insurance helps when choosing the best coverages for your vehicles. The terms used in a policy can be ambiguous and reading a policy is terribly boring.

Collision protection

This covers damage to your Altima from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like hitting a mailbox, sustaining damage from a pot hole, hitting a parking meter and backing into a parked car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. You can also choose a higher deductible in order to get cheaper collision rates.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle when other motorists do not carry enough liability coverage. It can pay for injuries to you and your family and also any damage incurred to your Nissan Altima.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.

Medical costs insurance

Coverage for medical payments and/or PIP pay for expenses for things like chiropractic care, surgery, rehabilitation expenses, prosthetic devices and pain medications. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Liability insurance

Liability insurance provides protection from damage or injury you incur to other’s property or people by causing an accident. It protects you against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 100/300/100 which stand for a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability coverage protects against claims such as legal defense fees, medical services, medical expenses and repair costs for stationary objects. How much liability should you purchase? That is your choice, but you should buy as large an amount as possible.

Comprehensive or Other Than Collision

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like hail damage, hitting a deer, theft and a broken windshield. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Keep this in mind

Drivers leave their current company for many reasons like high prices, poor customer service, high rates after DUI convictions and even an unsatisfactory settlement offer. It doesn’t matter why you want to switch switching car insurance companies is easier than you think.

Lower-priced car insurance is attainable both online and also from your neighborhood agents, so get free insurance quotes from both of them so you have a total pricing picture. A few companies don’t offer internet price quotes and many times these smaller companies prefer to sell through independent agents.

When shopping online for car insurance, don’t be tempted to buy lower coverage limits just to save a few bucks. In too many instances, an insured cut collision coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your goal is to buy enough coverage at the lowest possible cost, but do not sacrifice coverage to save money.

For more information, link through to the resources below: