2002 Nissan Altima Insurance Rates – 6 Policy Discounts

Expensive Nissan Altima insurance can stress out your family’s budget and maybe even restrict other spending. Comparing price quotes is a fast and free way to lower your monthly bill.

With consumers having so many options, it can be diffult for drivers to locate a lower cost insurance coverage provider.

Buying car insurance is quite easy. If you are paying for car insurance now, you stand a good chance to be able to save some money using these tips. Vehicle owners only need an understanding of the most efficient way to get comparison rates over the internet.

The best way to get rate comparisons is to realize most of the bigger providers provide online access to provide you with free rate quotes. All consumers are required to do is take a few minutes to give details including whether you have decent credit, deductibles desired, which vehicles you own, and driver details. The data is sent automatically to all major companies and they provide comparison quotes immediately.

Get lower-cost car insurance rates with discounts

Companies that sell car insurance don’t always advertise every discount in an easy-to-find place, so the list below details both well-publicized and the more hidden discounts that you can inquire about if you buy insurance coverage online. If you aren’t receiving every discount you deserve, you are paying more than you should be.

  • Bundled Policy Discount – If you can bundle your auto and homeowners insurance with one company you will save at least 10% off all policies.
  • Savings for New Vehicles – Insuring a new car can get you a discount since newer vehicles are generally safer.
  • ABS Brakes – Anti-lock brake equipped vehicles prevent accidents so companies give up to a 10% discount.
  • Pay Now and Pay Less – By paying your policy upfront instead of paying each month you can avoid the installment charge.
  • Senior Citizen Rates – Drivers over the age of 55 can possibly qualify for reduced rates on Altima insurance.
  • Early Switch Discount – A few larger companies offer discounts for switching policies before your current policy expires. It can save you around 10%.

As a sidenote, some of the credits will not apply to your bottom line cost. Some only apply to specific coverage prices like comp or med pay. So when it seems like you would end up receiving a 100% discount, it just doesn’t work that way.

Companies that may offer quotes with many of the previously listed discounts are:

It’s a good idea to ask each company how you can save money. Some of the discounts discussed earlier may not apply to policyholders everywhere. To see a list of insurance companies with the best discounts, click here.

Tailor your insurance coverage to you

When buying proper insurance coverage, there really is no perfect coverage plan. Every situation is different so your insurance should reflect that Here are some questions about coverages that might point out if your insurance needs may require specific advice.

  • Do I need to file an SR-22 for a DUI in my state?
  • Does my 2002 Nissan Altima qualify for pleasure use?
  • Is my Nissan Altima covered if I use it for business?
  • Should I get collision insurance on every vehicle?
  • Will I lose any money if I cancel my policy before it expires?
  • When should I drop full coverage on my 2002 Nissan Altima?
  • Am I covered if I drive in a foreign country?
  • Are there companies who specialize in insuring high-risk drivers?
  • Are split liability limits better than a combined single limit?
  • What is high-risk coverage and where do I buy it?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and you can get the answers you need.

Auto insurance 101

Understanding the coverages of your insurance policy can be of help when determining the best coverages and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Shown next are typical coverages offered by insurance companies.

Uninsured and underinsured coverage – This 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 your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.

Collision – This coverage will pay to fix damage to your Altima from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like rolling your car, crashing into a building and backing into a parked car. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. Another option is to increase the deductible to get cheaper collision coverage.

Coverage for medical payments – Coverage for medical payments and/or PIP reimburse you for short-term medical expenses for things like X-ray expenses, ambulance fees, prosthetic devices and rehabilitation expenses. They are often used to fill the gap from your health insurance program or if you do not have health coverage. Medical payments and PIP cover you and your occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Auto liability insurance – Liability coverage protects you from damages or injuries you inflict on a person or their property that is your fault. It 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 for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability coverage protects against claims like emergency aid, legal defense fees, funeral expenses, repair bills for other people’s vehicles and attorney fees. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive coverages – Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like rock chips in glass, damage from getting keyed, damage from a tornado or hurricane and hail damage. The highest amount your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Final considerations

Cost effective 2002 Nissan Altima insurance can be sourced both online in addition to local insurance agencies, so you need to shop insurance coverage with both to have the best chance of lowering rates. Some insurance companies do not provide rate quotes online and many times these small insurance companies only sell through local independent agencies.

While you’re price shopping online, it’s not a good idea to sacrifice coverage to reduce premiums. There have been many situations where someone dropped liability coverage limits and learned later that the savings was not a smart move. The goal is to buy enough coverage for the lowest cost while still protecting your assets.

You just read a lot of ways to shop for 2002 Nissan Altima insurance online. The key concept to understand is the more rate comparisons you have, the higher the chance of saving money. You may be surprised to find that the most savings is with a lesser-known regional company. Regional companies may have significantly lower rates on certain market segments as compared to the big name companies such as Progressive and GEICO.

More tips and info about auto insurance can be read by following these links: