Pretty sure you bought high-priced car insurance? Don’t sweat it because there are lots of people in the same boat.
Due to the abundance of options when it comes to car insurance, it can be challenging to locate the right company.
Multiple criteria are considered when quoting car insurance. Some of the criteria are obvious such as your driving record, but some are not quite as obvious like your continuous coverage or your vehicle rating.
The factors shown below are a partial list of the pieces used by your company to calculate your rates.
There are multiple methods to compare insurance coverage prices but some are less time-consuming than others. You could waste a few hours talking to local insurance agents in your area, or you could save time and use the internet to get pricing more quickly.
Most of the larger companies are enrolled in a marketplace that allows shoppers to submit one quote, and each participating company provides a quote. This saves time by eliminating quotation requests for every insurance coverage company.
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The one downside to getting quotes like this is that consumers can’t choose which insurance companies to get quotes from. If you would rather choose specific insurance companies for rate comparison, we have assembled a list of insurance coverage companies in your area. Click here to view list.
It’s your choice how you get your quotes, but make absolute certain that you use equivalent information on every quote. If each company quotes different limits and deductibles on each one you will not be able to decipher which rate is best. Quoting even small variations in insurance coverages or limits may result in large price differences. And when comparison shopping, comparing more company’s prices increases your odds of finding the best price.
Popular insurance coverage providers such as 21st Century, Allstate and State Farm continually stream television and radio advertisements. They all seem to make the same claim about how much you will save if you just switch your policy. How do they all have lower policy pricing? It’s all in how they say it.
Insurance companies have specific criteria for the type of driver that makes them money. An example of a preferred risk might have to be between the ages of 30 and 50, has other policies, and drives less than 7,500 miles a year. A propective insured that fits those parameters is entitled to the best price and therefore will cut their rates substantially.
Potential customers who do not match the “perfect” profile may receive higher premiums and this results in the prospect going elsewhere. The trick companies use is to say “people that switch” not “all people who quote” can get the lowest rates when switching. That’s why insurance companies can confidently make claims that they all have the best rates.
Because of this risk profiling, it’s extremely important to compare quotes as often as possible. It’s impossible to know which company will have the best prices for your profile.
Car insurance companies do not advertise every disount available very clearly, so the list below contains a few of the more common and also the more inconspicuous credits available to bring down your rates. If you do not check that you are getting every discount available, you may be paying too high a price.
We need to note that most of the big mark downs will not be given to all coverage premiums. Most cut individual premiums such as comprehensive or collision. So even though you would think all those discounts means the company will pay you, companies wouldn’t make money that way.
A list of companies and their offered discounts are included below.
Check with each company or agent the best way to save money. Some discounts listed above may not apply in your area.
When it comes to choosing the best insurance coverage for your vehicles, there really is not a cookie cutter policy. Coverage needs to be tailored to your specific needs so your insurance needs to address that. These are some specific questions could help you determine whether or not you might need an agent’s assistance.
If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies.
Understanding the coverages of your auto insurance policy helps when choosing the right coverages for your vehicles. The terms used in a policy can be confusing and reading a policy is terribly boring. Shown next are typical coverage types offered by auto insurance companies.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for claims like damage from flooding, fire damage, damage from getting keyed, vandalism and rock chips in glass. The maximum amount your auto insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.
Uninsured Motorist or Underinsured Motorist insurance
This gives you protection from other motorists when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your 2017 Nissan Altima.
Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked. Normally the UM/UIM limits do not exceed the liability coverage limits.
Collision coverage protection
Collision insurance will pay to fix damage to your Altima from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision can pay for things such as colliding with a tree, rolling your car, scraping a guard rail and hitting a parking meter. This coverage can be expensive, so consider removing coverage from lower value vehicles. Drivers also have the option to raise the deductible to get cheaper collision coverage.
Liability car insurance
Liability coverage protects you from damage or injury you incur to a person or their property by causing an accident. This coverage protects you from claims by other people, and does not provide coverage for your injuries or vehicle damage.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 50/100/50 which stand for $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.
Liability coverage protects against things like pain and suffering, repair costs for stationary objects and loss of income. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase higher limits if possible.
Insurance for medical payments
Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses such as nursing services, pain medications, hospital visits, surgery and rehabilitation expenses. They are utilized in addition to your health insurance plan or if you are not covered by health insurance. They cover all vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
When searching for the cheapest insurance coverage quotes, make sure you don’t skimp on critical coverages to save a buck or two. There have been many situations where someone dropped liability limits or collision coverage and learned later that their decision to reduce coverage ended up costing them more. The ultimate goal is to purchase a proper amount of coverage at the best cost but still have enough coverage for asset protection.
In this article, we covered quite a bit of information on how to get a better price on 2017 Nissan Altima insurance. The key concept to understand is the more times you quote, the better your chances of lowering your prices. Consumers could even find that the best price on car insurance is with some of the lesser-known companies. Regional companies can often insure niche markets at a lower cost than the large multi-state companies such as State Farm and Allstate.
Discount 2017 Nissan Altima insurance is possible on the web in addition to many insurance agents, and you should be comparing both so you have a total pricing picture. There are still a few companies who do not provide internet price quotes and usually these smaller providers provide coverage only through local independent agencies.
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