Searching for lower auto insurance rates for your Nissan Versa? Did budget coverage turn out to be overpriced auto insurance? Trust us, there are many consumers feeling the pinch from expensive auto insurance. Many insurers compete for your business, and it can be difficult to compare rates and get the definite best rates possible.
It’s a good idea to compare premium rates once or twice a year due to the fact that insurance prices change frequently. If you had the best deal for Versa coverage at your last renewal other companies may now be cheaper. Forget anything you know (or think you know) about auto insurance because you’re about to learn the quickest way to lower your annual insurance bill.
Shopping for lower insurance coverage rates can take time and effort if you aren’t aware of the most efficient way. You can spend countless hours driving to agents in your area, or you could save time and use online quotes to quickly compare rates.
Most of the larger companies belong to a marketplace where prospective buyers complete one form, and every company returns a competitive quote based on the submitted data. This saves time by eliminating quote requests for each company you want a rate for.
To compare pricing click here (opens in new window).
The one downside to pricing coverage this way is you don’t know exactly the insurers to receive prices from. So if you prefer to pick specific insurance companies to receive pricing from, we have a listing of companies who write insurance coverage in your area. Click here for list of insurance companies.
How you compare quotes is your choice, just double check that you are using identical coverage limits and deductibles for each price quote. If each company quotes different values for each quote you will not be able to make a fair comparison for your Nissan Versa.
Auto insurance is neither fun to buy or cheap, but you may find discounts to reduce the price significantly. Many of these discounts will be applied automatically when you get a quote, but a few must be manually applied in order for you to get them.
Discounts save money, but please remember that some credits don’t apply to all coverage premiums. Some only reduce the price of certain insurance coverages like medical payments or collision. Just because it seems like you could get a free auto insurance policy, it just doesn’t work that way.
A list of companies and their possible discounts are included below.
When getting a coverage quote, ask each company which discounts you may be entitled to. Some of the discounts discussed earlier might not be offered on policies everywhere. To view insurance companies with significant discounts, click this link.
When choosing the best insurance coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For example, these questions can help discover if your situation would benefit from professional advice.
If you’re not sure about those questions, you may need to chat with a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It’s fast, free and can help protect your family.
It’s important that you understand the rating factors that are used to determine your premiums. If you understand what determines base rates, this allows you to make educated decisions that can earn you lower rates. Many factors are part of the equation when you get your auto insurance bill. Some factors are common sense such as your driving record, but some are more transparent like your continuous coverage or your vehicle rating.
The itemized list below are just a few of the factors that factor into rates.
Consumers can’t get away from ads that claim the lowest car insurance rates from companies such as Allstate and Progressive. They all make the same claim about saving some big amount just by moving your coverage to them.
How do they all give you a better price? This is how they do it.
Different companies offer their best rates for a prospective insured that earns them a profit. For instance, a desirable insured could possibly be over the age of 35, has never had a claim, and drives less than 10,000 miles a year. A customer that meets those criteria will get low car insurance rates and have a good chance to pay quite a bit less when switching companies.
Potential insureds who fall short of these stringent criteria will have to pay more expensive rates which usually ends up with business not being written. The trick companies use is to say “people who switch” but not “everyone who gets a quote” save money. That’s why insurance companies can confidently make those claims. Different companies use different criteria so you really should get as many free insurance coverage quotes as possible. It is impossible to predict the company that will fit you best based on your risk profile.
Knowing the specifics of insurance aids in choosing the right coverages for your vehicles. Policy terminology can be confusing and reading a policy is terribly boring. Shown next are typical coverages offered by insurance companies.
This coverage protects you from injuries or damage you cause to people or other property in an accident. It protects YOU against other people’s claims, and does not provide coverage for your injuries or vehicle damage.
Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 100/300/100 which means a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.
Liability can pay for things like court costs, legal defense fees, medical expenses and funeral expenses. How much liability should you purchase? That is a personal decision, but consider buying as high a limit as you can afford.
This coverage covers damage to your Versa from colliding with an object or car. You will need to pay your deductible then your collision coverage will kick in.
Collision can pay for claims such as crashing into a ditch, backing into a parked car and hitting a parking meter. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Another option is to choose a higher deductible to save money on collision insurance.
Your UM/UIM coverage protects you and your vehicle when other motorists do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your Nissan Versa.
Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.
Coverage for medical payments and/or PIP pay for bills such as pain medications, nursing services, chiropractic care and EMT expenses. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. They cover you and your occupants and will also cover getting struck while a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay
This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for things like damage from a tornado or hurricane, falling objects, rock chips in glass and a broken windshield. The most a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
When shopping online for auto insurance, it’s a bad idea to skimp on coverage in order to save money. There are a lot of situations where an insured dropped physical damage coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your aim should be to get the best coverage possible at the lowest possible cost while not skimping on critical coverages.
Cost effective 2014 Nissan Versa insurance is available from both online companies as well as from insurance agents, and you need to comparison shop both to have the best rate selection. There are still a few companies who may not have price quotes online and most of the time these small insurance companies sell through independent agents.