Lower Your 2007 Nissan Versa Insurance Rates

Having to pay for overpriced insurance coverage can drain your accounts and possibly require you to analyze your spending habits. Comparing rates annually is a fast and free way to lower your monthly bill.

Lots of car insurance companies contend for your business, and it can be difficult to compare rates to find the lowest price

You should make it a habit to shop coverage around every six months because insurance coverage prices change regularly. Just because you found the lowest rate on Versa insurance six months ago you will most likely find a better premium rate today. Forget anything you know (or think you know) about insurance coverage because you’re about to learn the quickest way to lower your annual insurance bill.

Discount auto insurance rates

Auto insurance is easily one of your largest bills, but there may be some discounts that may help make it more affordable. Most are applied when you complete an application, but some discounts are required to be asked about before you will receive the discount.

  • Early Payment Discounts – If paying your policy premium upfront rather than paying in monthly installments you could save up to 5%.
  • College Student Discount – College-age children living away from home attending college without a vehicle on campus may qualify for this discount.
  • Paperwork-free – A few auto insurance companies provide a small discount for buying your policy online.
  • Senior Citizen Rates – Drivers over the age of 55 may receive lower premium rates on Versa insurance.
  • Bundled Policy Discount – If you have multiple policies with one company you could get a discount of at least 10% off all policies.
  • Safety Course Discount – Participating in a course in safe driver could earn you a small percentage discount and easily pay for the cost of the class.
  • Homeowners Savings – Being a homeowner can help you save on auto insurance because maintaining a house means you have a higher level of financial diligence.
  • Telematics Discount – Drivers who agree to allow their auto insurance company to look at where and when they drive remotely such as Snapshot from Progressive or Drivewise from Allstate may get a rate reduction if they are good drivers.
  • Discounts for Seat Belt Usage – Using a seat belt and requiring all passengers to use a seat belt may be able to save a few bucks off the personal injury premium cost.

You should keep in mind that many deductions do not apply to the entire policy premium. A few only apply to specific coverage prices like liability and collision coverage. So despite the fact that it appears you can get free auto insurance, insurance companies wouldn’t stay in business. But all discounts will bring down your overall premium however.

Popular auto insurance companies and their offered discounts are shown below.

  • American Family may have discounts that include mySafetyValet, Steer into Savings, air bags, multi-vehicle, defensive driver, TimeAway discount, and early bird.
  • Nationwide discounts include easy pay, accident-free, multi-policy, business or organization, family plan, and anti-theft.
  • MetLife offers discounts including defensive driver, good student, multi-policy, claim-free, good driver, accident-free
  • 21st Century has savings for anti-lock brakes, theft prevention, defensive driver, student driver, and early bird.
  • Farmers Insurance may offer discounts for business and professional, switch companies, youthful driver, teen driver, mature driver, and alternative fuel.
  • Allstate offers premium reductions for multi-policy, safe driver, auto/life discount, premier plus, FullPay discount, and premier discount.

It’s a good idea to ask each insurance company which credits you are entitled to. Some discounts listed above may not apply to policyholders in your area.

Find more affordable car insurance with these tips

Many things are part of the equation when you get your auto insurance bill. A few of the factors are predictable such as your driving record, but some are not as apparent such as your marital status or your commute time.

  • Traffic violations increase rates – Your driving record has a big impact on rates. Only having one driving citation can boost insurance rates twenty percent or more. Careful drivers get better prices compared to drivers with tickets. Drivers with license-revoking citations like reckless driving or DUI might be required by their state to file a SR-22 to the state department of motor vehicles in order to continue driving.
  • Lower premiums with theft deterrents – Owning a car with anti-theft technology or alarm system can help lower your rates. Systems that thwart theives such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can help prevent vehicle theft.
  • Costs may be higher where you live – Having an address in smaller towns and rural areas of the country may provide you with better prices when talking about car insurance. Drivers in populated areas tend to have more auto accidents and a longer drive to work. Fewer drivers on the road means less chance of accidents in addition to lower liability claims
  • Save by driving vehicles with better crash test results – Vehicles with high crash test scores can get you lower premiums. Vehicles engineered for safety help reduce the chance of injuries in an accident and better occupant protection means less claims paid passed on to you as lower rates. If your Nissan earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
  • How many miles do you drive? – The more you drive your Nissan each year the higher your rates will be. A lot of insurance companies price each vehicle’s coverage determined by how the vehicle is used. Vehicles not used for work or commuting receive lower rates than vehicles that have high annual mileage. Having an incorrect usage rating on your Versa may be costing you higher rates. Double check that your car insurance declarations sheet states the right rating data.
  • Discounts for married drivers – Walking down the aisle may cut your premiums compared to being single. It may mean you are more responsible and statistics prove married couples file fewer claims.
  • Youthful drivers cost more – Youthful drivers have been known to be inattentive when driving with friends so car insurance rates are higher. Parents adding a youthful driver to your policy can really hurt. Older insureds are proven to be safer behind the wheel, tend to file fewer claims .

Tailor your car insurance coverage to you

When buying coverage, there really is no perfect coverage plan. Everyone’s situation is unique so your insurance needs to address that. Here are some questions about coverages that can aid in determining whether you might need an agent’s assistance.

  • Am I covered if I hit a deer?
  • Do I pay less if my vehicle is kept in my garage?
  • Can I afford to pay high deductible claims out of pocket?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Is my nanny covered when driving my vehicle?
  • If my 2007 Nissan Versa is totaled, can I afford another vehicle?
  • How do I buy GAP insurance?

If you can’t answer these questions but a few of them apply, you might consider talking to a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and you can get the answers you need.

Insurance coverages explained

Having a good grasp of a insurance policy can help you determine appropriate coverage at the best deductibles and correct limits. Policy terminology can be impossible to understand and reading a policy is terribly boring. Shown next are the normal coverages available from insurance companies.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage pay for expenses for ambulance fees, doctor visits and prosthetic devices. They are used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants and will also cover getting struck while a pedestrian. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Collision coverage – This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against things like crashing into a building, driving through your garage door and colliding with a tree. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as damage to your Nissan Versa.

Since many 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.

Liability car insurance – Liability insurance provides protection from damages or injuries you inflict on other people or property by causing an accident. It protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 25/50/25 that means you have a $25,000 limit per person for injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers claims such as medical expenses, medical services and legal defense fees. How much liability should you purchase? That is up to you, but consider buying as much as you can afford.

Comprehensive or Other Than Collision – Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as rock chips in glass, hitting a bird, vandalism, damage from getting keyed and hail damage. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

In any little way, save everyday

We’ve covered a lot of information how to save on 2007 Nissan Versa insurance. The most important thing to understand is the more rate comparisons you have, the better your comparison will be. Drivers may discover the lowest rates come from a small local company. They may only write in your state and offer lower car insurance rates than the large multi-state companies such as State Farm or Progressive.

Lower-priced auto insurance is attainable from both online companies and also from your neighborhood agents, so you should compare both to get a complete price analysis. Some insurance providers may not offer price quotes online and most of the time these regional carriers only sell coverage through independent insurance agents.

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