2014 Nissan Altima Insurance Cost – 5 Tricks for Best Prices

No sane person likes paying for auto insurance, especially when they could find better rates elsewhere.

Since consumers have many options when it comes to auto insurance, it is very difficult to locate the lowest cost auto insurance company.

Buying car insurance is not rocket science. Just about every driver who carries insurance will be able to cut their insurance bill. Nevertheless, drivers must comprehend how insurance companies sell insurance online and use this information to your advantage.

The most recommended method to compare car insurance company rates utilizes the fact most insurance companies actually pay money for the chance to give you rate quotes. The only thing you need to do is give them some information such as if you have a valid license, if a SR-22 is required, whether you are married, and if you went to college. Your details is instantly provided to multiple top-rated companies and they return quotes within a short period of time.

Save $426 a year! What?

Companies like GEICO, State Farm and Progressive consistently run ads in print and on television. All the ads tend to make the same promise that people will save if you switch your policy. How does each company give you a better price? This is the trick they use.

Many companies have specific guidelines for the type of customer that will not have excessive claims. An example of a preferred risk may be between 25 and 40, has had continuous coverage, and insures a new vehicle. A customer that matches those criteria will qualify for the lowest prices as well as pay quite a bit less when switching companies.

Drivers who cannot meet those criteria may receive higher rates and business not being written. The wording the ads use say “customers that switch” not “all people who quote” save that much when switching. This is how companies can truthfully make the claims of big savings. This really emphasizes why drivers should compare quotes as often as possible. Because you cannot predict the company that will have better premium rates than you’re paying now.

Do you qualify for discount insurance coverage?

Companies don’t necessarily list every available discount in a way that’s easy to find, so the following list contains both well-publicized and the harder-to-find credits available to you.

  • Seat Belts Save – Forcing all vehicle occupants to fasten their seat belts can save up to 15% off PIP or medical payments premium.
  • Paperwork-free – Many larger companies give back up to $50 for buying your policy on their website.
  • Anti-lock Brake Discount – Vehicles with ABS and/or traction control can avoid accidents and will save you 10% or more.
  • Membership in Organizations – Joining a professional or civic organization could earn you a nice discount on insurance coverage.
  • Good Student Discount – Maintaining excellent grades can get you a discount of up to 25%. Earning this discount can benefit you up until you turn 25.

Drivers should understand that most discount credits are not given to the entire cost. Some only apply to the price of certain insurance coverages like medical payments or collision. Despite the appearance that it’s possible to get free car insurance, insurance companies wouldn’t stay in business. But all discounts will lower the amount you pay for coverage.

To see companies with significant discounts, click here.

What insurance coverages do I need?

When it comes to buying the right insurance coverage for your personal vehicles, there really is no cookie cutter policy. Everyone’s needs are different so this has to be addressed. For example, these questions can help discover if your situation would benefit from an agent’s advice.

  • What is PIP insurance?
  • When can I cancel my policy?
  • Am I covered if I break a side mirror?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • How much underlying liability do I need for an umbrella policy?
  • Which companies will insure high-risk drivers?
  • Am I covered if I wreck a rental car?
  • Which is better, split liability limits or combined limits?
  • Are all vehicle passengers covered by medical payments coverage?
  • Can I get a multi-policy discount?

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

Auto insurance coverage basics

Learning about specific coverages of your policy can help you determine appropriate coverage and the correct deductibles and limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. Below you’ll find typical coverages found on the average auto insurance policy.

Medical expense coverage

Coverage for medical payments and/or PIP kick in for bills like dental work, doctor visits, surgery, funeral costs and pain medications. They can be utilized in addition to your health insurance program or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Auto liability

Liability coverage provides protection from injuries or damage you cause to other’s property or people by causing an accident. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 100/300/100 that means you have a limit of $100,000 per injured person, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability can pay for things such as emergency aid, structural damage, medical services and court costs. How much liability should you purchase? That is up to you, but you should buy as high a limit as you can afford.

Auto collision coverage

Collision insurance covers damage to your Altima resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for claims like damaging your car on a curb, colliding with another moving vehicle and hitting a parking meter. This coverage can be expensive, so consider dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Comprehensive protection

Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for claims such as rock chips in glass, fire damage, hitting a bird, a tree branch falling on your vehicle and damage from flooding. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family.

Save your hard earned cash

You just learned a lot of techniques to reduce 2014 Nissan Altima insurance premium rates online. The key thing to remember is the more times you quote, the higher the chance of saving money. You may even discover the lowest priced insurance coverage comes from a lesser-known regional company. Some small companies can often provide lower prices in certain areas than their larger competitors like Allstate, GEICO and Progressive.

While you’re price shopping online, it’s very important that you do not reduce coverage to reduce premium. There have been many situations where an insured cut liability coverage limits and learned later they didn’t purchase enough coverage. The ultimate goal is to buy enough coverage at the best cost while not skimping on critical coverages.

Low-cost 2014 Nissan Altima insurance is available online in addition to local insurance agencies, so you should compare both in order to have the best price selection to choose from. Some insurance companies do not provide internet price quotes and most of the time these small insurance companies only sell through local independent agents.

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