2008 Nissan Versa Insurance Rates

Nobody gets a kick out of paying for insurance coverage, particularly when it costs too dang much.

There is such a variety of insurers to choose from, and although it’s a good thing to be able to choose, it makes it harder to compare rates and find the lowest cost insurance coverage.

Consumers need to take a look at other company’s rates as often as possible because prices are adjusted regularly by insurance companies. Despite the fact that you may have had the best price on Versa insurance a couple years back you can probably find a better rate quote now. Ignore everything you know about insurance coverage because you’re about to find out the proper way to properly buy coverages while reducing your premium.

Compare free insurance quotes

There are several ways to compare insurance quotes, and some are easier and takes less work. You could spend the better part of a day talking to local insurance agents in your area, or you could save time and use the web to get pricing more quickly.

Many of the larger companies enroll in a system that enables customers to only type in their quote data once, and every company can provide price quotes based on that data. This system prevents you from having to do quote forms for each company you want a rate for.

To find out how much you’re overpaying now click here to open in new window.

The one downside to pricing coverage this way is you can’t choose which insurance companies you will receive quotes from. If you prefer to choose individual companies to request quotes from, we put together a list of the cheapest insurance companies in your area. Click here for list of insurance companies.

The approach you take is up to you, just compare the same coverage limits and deductibles with every price quote. If you enter higher or lower deductibles it will be next to impossible to determine which rate is truly the best. Slightly different limits may cause a big price difference. And when comparison shopping, quoting more will improve the odds of getting better pricing.

Reduce your car insurance rates with discounts

Companies do not list all disounts very clearly, so the next list breaks down some of the more common as well as the least known discounts that you can inquire about if you buy insurance online.

  • No Charge for an Accident – but some insurance companies will forgive one accident without getting socked with a rate hike if you have no claims before the accident.
  • Seat Belts Save – Using a seat belt and requiring all passengers to wear their seat belts can save 10% or more on the premium charged for medical payments and/or PIP.
  • College Student Discount – Older children who are enrolled in a college that is more than 100 miles from home and do not have a car can be insured at a reduced rate.
  • Telematics Discount – Drivers that enable data collection to analyze driving manner by installing a telematics device such as Snapshot from Progressive or Drivewise from Allstate might get better premium rates if they show good driving skills.
  • Driver’s Ed – Have your child enroll in driver’s education if offered at their school.
  • E-sign – Some of the larger companies will give a small break for completing your application on their website.
  • Discount for Swiching Early – Some car insurance companies reward drivers for signing up early. You could save around 10% when you buy insurance online.
  • Policy Bundle Discount – If you have multiple policies with the same insurance company you may save at least 10% off all policies.
  • Claim Free – Insureds with no claims or accidents can save substantially when compared to frequent claim filers.
  • Defensive Driver – Completing a safe driver course could cut 5% off your bill and easily pay for the cost of the class.

Discounts save money, but please remember that many deductions do not apply to the overall cost of the policy. Most only apply to the cost of specific coverages such as collision or personal injury protection. Despite the fact that it seems like all the discounts add up to a free policy, company stockholders wouldn’t be very happy.

A list of car insurance companies and some of the premium reductions they offer can be found below.

  • Farm Bureau may have discounts that include multi-policy, renewal discount, good student, 55 and retired, multi-vehicle, and youthful driver.
  • MetLife may include discounts for good student, good driver, defensive driver, accident-free, multi-policy, and claim-free.
  • Progressive includes discounts for multi-policy, online quote discount, good student, online signing, and multi-vehicle.
  • AAA policyholders can earn discounts including good driver, multi-car, pay-in-full, AAA membership discount, good student, multi-policy, and education and occupation.
  • American Family has savings for early bird, multi-vehicle, good student, good driver, mySafetyValet, and bundled insurance.
  • Geico offers discounts for federal employee, membership and employees, emergency military deployment, military active duty, driver training, and air bags.
  • State Farm offers discounts including driver’s education, safe vehicle, Drive Safe & Save, good driver, multiple policy, and anti-theft.

When getting a coverage quote, ask each company how many discounts you can get. A few discounts may not apply in your area. If you would like to choose from a list of insurers that offer discounts, click here.

Smart consumers save on insurance

Multiple criteria are used when premium rates are determined. A few of the factors are predictable like your driving record, but some are less apparent like your continuous coverage or your financial responsibility.Part of the insurance coverage buying process is learning the factors that are used to determine your insurance coverage rates. When consumers understand what impacts premium levels, this helps enable you to make changes that will entitle you to lower insurance coverage prices.

The following are a few of the “ingredients” insurance coverage companies consider when setting your rates.

  • Only buy coverage you need – Insurance companies have many extra coverages you can purchase if you don’t pay attention. Coverages like roadside assistance, towing coverage, and term life insurance are some examples. These coverages may sound good when deciding what coverages you need, but if you’ve never needed them in the past remove them and pocket the money.
  • Coverage lapses lead to higher premiums – Driving without insurance can get your license suspended and your next policy will cost more because you let your coverage have a gap. In addition to paying higher premiums, not being able to provide proof of insurance may earn you a hefty fine and possibly a revoked license.
  • Annual mileage impacts costs – The more you drive your Nissan in a year’s time the more you will pay for insurance coverage. Many insurance companies calculate prices partially by how you use the vehicle. Cars used primarily for pleasure use can get a lower rate than those that get driven frequently. Improper usage on your Versa is throwing money out the window. It’s a good idea to make sure your insurance coverage declarations sheet properly reflects the right rating data.
  • More people means more accidents – Residing in less populated areas of the country can be a good thing when talking about insurance coverage. Fewer drivers and short commutes means reduced accidents as well as less vandalism and auto theft. Drivers who live in large cities have more aggressive driving styles and much longer commute distances. Higher commute times means higher likelihood of an accident.
  • Having a spouse can save on insurance coverage – Getting married actually saves money on your insurance coverage bill. It may mean you are more mature and responsible and insurance companies like that married drivers get in fewer accidents.
  • Younger drivers pay high premiums – More experienced drivers are viewed as being more responsible, file fewer claims and tend to be get fewer driving tickets.Drivers with little experience are statistically shown to be careless and easily distracted behind the wheel so they pay higher insurance coverage rates.
  • Driving citations can increase rates – Having a clean driving record can have a huge impact on auto insurance premiums. Having just one speeding ticket or other violation can increase rates by as much as twenty percent. Good drivers pay less for auto insurance as compared to those with violations. Drivers who have received multiple violations like DWI, reckless driving or hit and run convictions may need to file a proof of financial responsibility form (SR-22) with their state’s licensing department in order to prevent a license revocation.
  • Qualify for multi-policy discounts – Lots of companies afford lower prices to customers that buy multiple policies such as combining an auto and homeowners policy. Discounts can be as much as ten percent or more Even if you’re getting this discount you may still want to compare rates to verify if the discount is saving money.

You are unique and your car insurance should be too

When it comes to choosing coverage, there isn’t really a cookie cutter policy. Your needs are not the same as everyone else’s and your policy should reflect that. Here are some questions about coverages that might point out whether you may require specific advice.

  • Do I need to file an SR-22 for a DUI in my state?
  • Do I have coverage when making deliveries for my home business?
  • Is my state a no-fault state?
  • Is my custom paint covered by insurance?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Is my babysitter covered when using my vehicle?
  • How can I get high-risk coverage after a DUI?
  • Do I need PIP coverage since I have good health insurance?
  • Are my tools covered if they get stolen from my vehicle?
  • Do I need added coverage for expensive stereo equipment?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area.

Information about specific coverages

Having a good grasp of auto insurance helps when choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. These are typical coverage types available from auto insurance companies.

Comprehensive or Other Than Collision – This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims such as damage from a tornado or hurricane, damage from getting keyed, hitting a bird and hitting a deer. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Liability insurance – Liability insurance provides protection from damage that occurs to other’s property or people that is your fault. This coverage protects you against other people’s claims. It does not cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 50/100/50 which means a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Another option is a combined single limit or CSL which limits claims to one amount without having the split limit caps.

Liability insurance covers things like funeral expenses, emergency aid, medical expenses and repair costs for stationary objects. How much coverage you buy is up to you, but buy higher limits if possible.

Collision coverages – Collision insurance pays to fix your vehicle from damage caused by collision with an object or car. A deductible applies and then insurance will cover the remainder.

Collision can pay for things such as sustaining damage from a pot hole, colliding with a tree and damaging your car on a curb. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. You can also raise the deductible to save money on collision insurance.

Medical costs insurance – Medical payments and Personal Injury Protection insurance provide coverage for bills such as pain medications, EMT expenses, chiropractic care, funeral costs and doctor visits. They are used in conjunction with a health insurance plan or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

UM/UIM Coverage – This gives you protection when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants and damage to your 2008 Nissan Versa.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Knowledge is power

Low-cost 2008 Nissan Versa insurance is available from both online companies and with local insurance agents, so you need to quote insurance with both to have the best chance of lowering rates. There are still a few companies who do not provide online quoting and most of the time these regional carriers only sell through local independent agents.

As you shop your coverage around, never buy poor coverage just to save money. Too many times, someone dropped uninsured motorist or liability limits and learned later that it was a big mistake. Your strategy should be to buy the best coverage you can find at the best price, but don’t skip important coverages to save money.

We just showed you a lot of ways to reduce 2008 Nissan Versa insurance premium rates online. The most important thing to understand is the more providers you compare, the better chance you’ll have of finding inexpensive insurance. You may be surprised to find that the lowest premium rates come from some of the lesser-known companies. These companies can often insure niche markets at a lower cost as compared to the big name companies such as Geico and State Farm.

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