Compare 2006 Nissan Altima Insurance Rates

Looking for lower insurance rates for your Nissan Altima? Think you have high-priced insurance? Believe me, you’re not the only one. Since you have so many different company options, it can be impossible to locate the most affordable insurance provider.

It’s a good habit to compare premium rates before your policy renews because insurance prices change regularly. Even if you think you had the best deal for Altima coverage last year the chances are good that you can find a lower rate quote today. Forget anything you know (or think you know) about insurance because I’m going to teach you the things you must know in order to remove unneeded coverages and save money.

The purpose of this post is to introduce you to the most effective way to quote insurance. If you currently have a car insurance policy, you stand a good chance to be able to lower your premiums substantially using these techniques. Drivers only need an understanding of how to find the lowest price online.

Use discounts on car insurance

Some companies don’t necessarily list every discount very clearly, so the following list contains both well-publicized and also the more inconspicuous ways to save on car insurance.

  • Multi-car Discount – Buying coverage for primary and secondary vehicles with the same company qualifies for this discount.
  • Passenger Safety Discount – Cars that have air bags or motorized seat belts can get savings of 25 to 30%.
  • Driver Training Discounts – Successfully completing a course that instructs on driving safety could cut 5% off your bill if you qualify.
  • Low Miles Discount – Driving less could be rewarded with discounted rates on garaged vehicles.
  • No Charge for an Accident – This one isn’t a discount, but certain companies will forgive one accident before raising your premiums if your claims history is clear before the accident.
  • ABS Braking Discount – Cars with anti-lock braking systems are much safer to drive so companies give up to a 10% discount.

A little note about advertised discounts, most of the big mark downs will not be given the the whole policy. Most cut the cost of specific coverages such as liability, collision or medical payments. Even though the math looks like having all the discounts means you get insurance for free, nobody gets a free ride.

Popular car insurance companies and a partial list of their discounts can be read below.

  • Mercury Insurance has discounts for low natural disaster claims, multi-policy, accident-free, anti-theft, and annual mileage.
  • Farmers Insurance may have discounts that include good student, homeowner, multi-car, early shopping, and alternative fuel.
  • Farm Bureau includes discounts for good student, multi-policy, driver training, youthful driver, renewal discount, 55 and retired, and safe driver.
  • State Farm has savings for student away at school, anti-theft, good student, safe vehicle, and Drive Safe & Save.
  • Allstate discounts include teenSMART discount, premier plus, 55 and retired, resident student, new car, safe driver, and FullPay discount.
  • Geico offers premium reductions for multi-vehicle, anti-lock brakes, anti-theft, air bags, defensive driver, federal employee, and multi-policy.

Before buying, ask each insurance company which discounts can lower your rates. All car insurance discounts might not be offered on policies in your area. To view companies that offer many of these discounts, follow this link.

Tailor your auto insurance coverage to you

When buying the right insurance coverage, there really is not a “perfect” insurance plan. Every situation is different and a cookie cutter policy won’t apply. For instance, these questions might help in determining whether or not you may require specific advice.

  • Do I need PIP coverage since I have good health insurance?
  • Am I covered when driving in Canada or Mexico?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Should I buy more coverage than the required minimum liability coverage?
  • Can my teen driver be rated on a liability-only vehicle?
  • Is pleasure use cheaper than using my 2006 Nissan Altima to commute?

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, complete this form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Brand name doesn’t guarantee savings

Drivers can’t get away from all the ads that promise big savings for switching from companies such as Progressive, Allstate and Geico. They all seem to advertise claims that you’ll save big if you change your policy.

How can each company make almost identical claims?

Companies offer their best rates for the type of customer that will not have excessive claims. For instance, a desirable risk may be between 25 and 40, carries high limits, and has a short commute. Someone that matches those criteria will get the preferred prices and most likely will save a lot of money.

Potential customers who fall outside this stringent profile will have to pay a higher premium and this results in business not being written. The trick companies use is to say “people that switch” but not “everyone who gets a quote” can get the lowest rates when switching. That’s why companies can make the claims of big savings.

Because each company has a different risk profile, you absolutely need to compare quotes as often as possible. It is impossible to guess with any certainty which company will have the lowest rate quotes.

Car insurance coverages and their meanings

Understanding the coverages of car insurance helps when choosing the best coverages for your vehicles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. These are the usual coverages found on most car insurance policies.

Collision coverage

Collision insurance will pay to fix damage to your Altima resulting from a collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as colliding with a tree, rolling your car, driving through your garage door and crashing into a building. Collision coverage makes up a good portion of your premium, 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.

Liability car insurance

This provides protection from injuries or damage you cause to people or other property in an accident. This insurance protects YOU against claims from other people. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 25/50/25 that translate to $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as repair bills for other people’s vehicles, medical services and emergency aid. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as large an amount as possible.

Medical payments coverage and PIP

Med pay and PIP coverage pay for expenses for things like funeral costs, surgery and EMT expenses. They are utilized in addition to your health insurance policy or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states and may carry a deductible

Comprehensive coverage

This covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as theft, a tree branch falling on your vehicle, falling objects, damage from getting keyed and vandalism. The most you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Uninsured/Underinsured Motorist coverage

This coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Nissan Altima.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually the UM/UIM limits are set the same as your liablity limits.

More quotes. Lower rates.

When shopping online for auto insurance, do not reduce coverage to reduce premium. In many cases, an accident victim reduced collision coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your goal is to buy the best coverage you can find for the lowest price, but do not sacrifice coverage to save money.

We just presented many tips how you can lower your 2006 Nissan Altima insurance prices. The key concept to understand is the more you quote insurance coverage, the better chance you’ll have of finding cheaper insurance coverage. You may even discover the lowest prices are with a company that doesn’t do a lot of advertising. These smaller insurers may often insure only within specific states and give getter rates than the large multi-state companies such as Progressive or Geico.

Other learning opportunities