2011 Nissan Maxima Insurance Cost

Trying to find better auto insurance rates for your Nissan Maxima? Having to pay for high-priced Nissan Maxima insurance can bottom out your monthly budget and force you to cut corners elsewhere. Numerous auto insurance companies battle to insure your vehicles, and because of this it can be hard to compare insurers to find the absolute lowest rate

Components of your Nissan Maxima insurance costs

It’s important that you understand the factors that go into determining the level of your policy premiums. When you understand what influences your rates, this enables you to make decisions that may reward you with much lower annual insurance costs. Lots of things are used when you quote your car insurance policy. A few of the factors are predictable such as traffic violations, although others are not as apparent such as your credit history or how safe your car is.

Listed below are some of the most common factors utilized by car insurance companies to help set premiums.

  • Combine policies to earn discounts – Many insurance companies afford discounts for people that have more than one policy in the form of a multi-policy discount. Even if you’re getting this discount it’s in your best interest to check prices from other companies to help guarantee you have the best rates. Drivers may still find a better deal by insuring with multiple companies.
  • Deter theft and lower prices – Owning a car with a theft deterrent system can earn a premium discount. Theft deterrent systems such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder vehicle theft.
  • Higher premiums for specific occupations – Careers like real estate brokers, architects and emergency personnel are shown to have higher premium rates attributed to job stress and long work hours. Other professions such as farmers, historians and retirees get better rates on Maxima coverage.
  • No insurance coverage gaps is important – Having a lapse in insurance coverage is a fast way to drive up your policy premiums. In addition to paying higher rates, the inability to provide proof of insurance can result in a fine, jail time, or a revoked license. You may then have to file a SR-22 with your state department of motor vehicles.

Use discounts to get cheaper insurance coverage rates

Companies don’t always advertise all their discounts in an easy-to-find place, so the list below details some of the more common as well as the least known ways to save on insurance coverage.

  • New Car Discount – Insuring a new car is cheaper because newer models keep occupants safer.
  • Defensive Driver Discount – Completing a class that teaches safe driver techniques could possibly earn you a 5% discount if you qualify.
  • Student Discount for Driver Training – It’s a good idea to have your young drivers enroll in driver’s education if offered at their school.
  • Online Discount – A handful of companies will provide an incentive get insurance coverage on the web.
  • Low Mileage Discounts – Keeping the miles down on your Nissan could be rewarded with substantially lower rates.
  • Theft Deterent – Cars, trucks, and SUVs with anti-theft systems prevent vehicle theft and will save you 10% or more.
  • Use Seat Belts – Buckling up and requiring all passengers to buckle up before driving could save 15% off the personal injury premium cost.

You can save money using discounts, but most discounts do not apply to the overall cost of the policy. Most only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Even though it may seem like all the discounts add up to a free policy, company stockholders wouldn’t be very happy.

The best insurance coverage companies and the discounts they provide are outlined below.

  • 21st Century may offer discounts for 55 and older, anti-lock brakes, driver training, automatic seat belts, good student, teen driver, and theft prevention.
  • Progressive offers discounts for homeowner, continuous coverage, online signing, online quote discount, and multi-policy.
  • State Farm has savings for student away at school, accident-free, Drive Safe & Save, multiple policy, passive restraint, driver’s education, and defensive driving training.
  • Nationwide may include discounts for defensive driving, multi-policy, easy pay, business or organization, anti-theft, Farm Bureau membership, and family plan.
  • Esurance includes discounts for safety device, Pac-12 alumni, paid-in-full, claim free, good driver, emergency road assistance, and homeowner.
  • The Hartford offers discounts including good student, driver training, defensive driver, bundle, anti-theft, air bag, and vehicle fuel type.

Before you buy a policy, ask each insurance company which credits you are entitled to. Discounts may not apply to policyholders everywhere. If you would like to choose from a list of providers who offer discounts, follow this link.

Tailor your insurance coverage to you

When it comes to choosing coverage for your vehicles, there isn’t really a cookie cutter policy. Each situation is unique and a cookie cutter policy won’t apply. These are some specific questions can aid in determining whether your personal situation might need an agent’s assistance.

  • Do I need to file an SR-22 for a DUI in my state?
  • How does medical payments coverage work?
  • Am I covered if I break a side mirror?
  • What is PIP insurance?
  • Do I pay less if my vehicle is kept in my garage?
  • What is covered by UM/UIM coverage?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • What can I do if my company denied a claim?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can provide invaluable advice.

Insurance coverages explained

Knowing the specifics of your insurance policy helps when choosing appropriate coverage for your vehicles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. These are typical coverages available from insurance companies.

Medical expense coverage

Med pay and PIP coverage pay for expenses like surgery, nursing services, pain medications, X-ray expenses and prosthetic devices. They are often used in conjunction with a health insurance policy or if you do not have health coverage. They cover you and your occupants and also covers any family member struck as a pedestrian. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Collision protection

This coverage pays for damage to your Maxima resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as colliding with another moving vehicle, colliding with a tree, scraping a guard rail and backing into a parked car. Collision is rather expensive coverage, so consider dropping it from older vehicles. Another option is to raise the deductible to get cheaper collision coverage.

Uninsured or underinsured coverage

This coverage gives you protection from other motorists when they do not carry enough liability coverage. Covered claims include injuries to you and your family and also any damage incurred to your 2011 Nissan Maxima.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Frequently these coverages are similar to your liability insurance amounts.

Comprehensive protection

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like a tree branch falling on your vehicle, hail damage, hitting a bird, damage from getting keyed and theft. The maximum payout you’ll receive from a 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.

Liability insurance

Liability coverage will cover injuries or damage you cause to other people or property that is your fault. This coverage protects you against other people’s claims. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Occasionally you may see a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage protects against claims such as emergency aid, loss of income, repair costs for stationary objects, attorney fees and structural damage. How much coverage you buy is a decision to put some thought into, but buy higher limits if possible.

Keep this in mind

We covered a lot of information how to lower your 2011 Nissan Maxima insurance prices. It’s most important to understand that the more providers you compare, the better your chances of lowering your rates. You may even find the best prices are with a lesser-known regional company. They may often insure only within specific states and give getter rates than their larger competitors like State Farm or Progressive.

As you restructure your insurance plan, it’s very important that you do not buy poor coverage just to save money. Too many times, an accident victim reduced comprehensive coverage or liability limits and learned later that a couple dollars of savings turned into a financial nightmare. The aim is to buy a smart amount of coverage for the lowest price but still have enough coverage for asset protection.

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