View 2014 Nissan Altima Insurance Cost

Shoppers have options when shopping for affordable Nissan Altima insurance. You can either spend your time driving around getting price quotes or leverage the internet to find the lowest rates. There are more efficient ways to find insurance coverage online and we’ll show you the absolute fastest way to compare rates for your Nissan and get the lowest possible price from both online companies and local agents.

It’s a great practice to compare prices periodically because insurance prices change frequently. If you had the lowest price on Altima coverage at your last renewal you may be paying too much now. You can search a lot of insurance coverage online but in just a couple of minutes you can learn some solid techniques on how to slash your insurance coverage rates.

Do you qualify for discounts?

Insurance can be prohibitively expensive, but there’s a good chance there are discounts that may help make it more affordable. Certain discounts will be applied when you get a quote, but some may not be applied and must be asked for prior to receiving the credit.

  • Air Bags and Passive Restraints – Options like air bags may get savings up to 30%.
  • Online Discount – A few larger online companies give back up to $50 get insurance coverage on the internet.
  • Telematics Data Discounts – People who choose to allow driving data collection to analyze their driving habits through the use of a telematics system such as Allstate’s Drivewise and State Farm’s In-Drive system could see a rate decrease if they exhibit good driving behavior.
  • Safe Drivers – Safe drivers could pay up to 40% less on Altima coverage compared to rates paid by drivers with frequent claims.
  • Payment Discounts – By paying your policy upfront instead of paying each month you can avoid the installment charge.
  • Government Employees – Active or retired federal employment could cut as much as 10% off on Altima coverage but check with your company.
  • Multiple Policy Discount – If you insure your home and vehicles with the same insurance company you could get a discount of 10% to 20% off each policy.
  • Seat Belt Usage – Requiring all passengers to buckle up before driving could save 15% off the personal injury premium cost.
  • First Accident Forgiveness – Not really a discount, but companies like Geico and Liberty Mutual will allow you to have one accident without getting socked with a rate hike as long as you don’t have any claims for a specific time period.

One thing to note about discounts is that most discount credits are not given to the overall cost of the policy. Some only apply to specific coverage prices like liability, collision or medical payments. So when the math indicates all the discounts add up to a free policy, companies wouldn’t make money that way.

To see a list of companies that offer discounts, click here to view.

How car insurance companies determine Nissan Altima insurance prices

Lots of factors are used in the calculation when you quote your car insurance policy. Some are pretty understandable such as traffic violations, but others are less obvious like your continuous coverage or your commute time.Smart consumers have a good feel for a few of the rating criteria that come into play when calculating the price you pay for insurance. If you have a feel for what influences your rates, this empowers consumers to make smart changes that may result in lower premium levels.

  • Bad drivers pay high rates – Attentive drivers receive lower rates than bad drivers. Getting just one chargable violation can increase rates by twenty percent. Drivers who get flagrant citations such as DUI or willful reckless driving may be required to complete a SR-22 with their state’s department of motor vehicles in order to legally drive a vehicle.
  • Extra coverages can cost a lot – There are a ton of extra coverages that you can buy on your insurance policy. Add-on coverages like vanishing deductibles, high-cost glass coverage, and Farm Bureau memberships are some examples. The coverages may be enticing when talking to your agent, but if they’re wasting money think about removing them and cutting costs.
  • Higher insurance rates for stressful employers – Occupations like fire fighters, social workers and accountants tend to pay higher premium rates attributed to high stress levels and lots of time spent away from family. On the flip side, professions such as actors, students and retirees pay lower than average rates on Altima coverage.
  • Vehicle options can affect rates – Choosing a vehicle with an alarm system can earn a premium discount. Systems that thwart theives such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping car theft and help bring rates down.
  • What are good liability limits? – Your insurance policy’s liability coverage is the protection if you are found to be at fault for causing damage or personal injury in an accident. Your liability coverage provides for a legal defense up to the limits shown on your policy. Liability insurance is pretty cheap compared to other policy coverages, so buy as much as you can afford.
  • Reduce insurance rates by driving safer cars – Vehicles with good safety scores can get you lower premiums. Safe vehicles have better occupant injury protection and lower injury rates means less money paid by your insurance company passed on to you as lower rates. If the Nissan Altima scored at minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may be receiving a better rate.
  • Higher comp and collision deductibles cost less – Your deductibles tell how much you are willing to pay if a covered claim is submitted. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. Some instances where coverage would apply are a windshield broken by a bird, damage from fire, or theft of your vehicle. The larger the amount the insured is willing to pay, the bigger discount you will receive on Altima coverage.
  • Cheaper to insure women? – Over the last 50 years, statistics have shown that females take fewer risks when driving. However, this does not mean women are better drivers. Women and men are in accidents at a similar rate, but men tend to have more serious accidents. Not only that, but men also get ticketed for serious violations such as DWI and reckless driving.

Don’t assume everyone needs the same auto insurance coverage

When it comes to choosing proper insurance coverage for your personal vehicles, there really is not a “perfect” insurance plan. Your needs are not the same as everyone else’s.

For example, these questions can help discover if you may require specific advice.

  • Are rental cars covered under my policy?
  • Am I covered by my spouse’s policy after a separation?
  • Am I covered if I break a side mirror?
  • What is roadside assistance coverage?
  • Is upholstery damage covered by car insurance?
  • Does liability extend to a camper or trailer?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Does my medical payments coverage pay my health insurance deductible?
  • Is a new car covered when I drive it off the dealer lot?
  • Do I benefit by insuring my home with the same company?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to an agent. To find an agent in your area, fill out this quick form. It’s fast, free and can help protect your family.

Are you falling for claims of savings?

Consumers can’t get away from ads that promise big savings for switching by companies like Progressive, Allstate and Geico. All the companies advertise the message that drivers can save some big amount just by switching your policy.

How do they all lower your prices? It’s all in how they say it.

Most companies have specific guidelines for the type of customer they prefer to insure. One example of a driver they prefer might be over the age of 40, has no prior claims, and drives less than 5,000 miles a year. Anybody who fits that profile will probably get cheap rates and will probably cut their rates if they switch.

Insureds who don’t measure up to this stringent profile may receive higher premium rates with the end result being the customer not buying. If you listen closely, the ads state “drivers who switch” not “everybody who quotes” save money. That is how companies can claim big savings. This really emphasizes why you really need to compare rate quotes every year. You cannot predict which insurance companies will give you the biggest savings.

Coverage specifics

Having a good grasp of a car insurance policy can help you determine the best coverages for your vehicles. Car insurance terms can be confusing and reading a policy is terribly boring.

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as falling objects, damage from a tornado or hurricane, vandalism, hitting a deer and hail damage. The highest amount a car insurance company will pay at claim time 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.

Liability auto insurance

Liability coverage protects you from damage that occurs to people or other property. This coverage protects you from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability can pay for claims like structural damage, repair costs for stationary objects and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but you should buy as large an amount as possible.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance provide coverage for expenses for things like funeral costs, nursing services, surgery, doctor visits and rehabilitation expenses. They are often used to cover expenses not covered by your health insurance program or if you do not have health coverage. They cover not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage

Collision coverage

Collision coverage covers damage to your Altima from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like colliding with a tree, crashing into a building, hitting a mailbox, rolling your car and damaging your car on a curb. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. It’s also possible to raise the deductible in order to get cheaper collision rates.

Stretch your dollar

Lower-priced car insurance is definitely available from both online companies in addition to many insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. A few companies do not provide rates over the internet and usually these regional insurance providers prefer to sell through independent agents.

When buying insurance coverage, make sure you don’t buy less coverage just to save a little money. In many instances, an insured cut liability coverage limits and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to buy enough coverage for the lowest price.

Drivers who switch companies do it for many reasons like being labeled a high risk driver, delays in responding to claim requests, policy non-renewal and even not issuing a premium refund. It doesn’t matter why you want to switch finding a great new company can be easier than you think.

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