Save on 2015 Nissan Versa Insurance Rates

Searching for better insurance coverage rates for your Nissan Versa? Scraping up a payment for overpriced Nissan Versa insurance can overdraw your personal savings and force you to make sacrifices. Comparison shopping is free and is an excellent way to slash your bill and have more diposable income.

Big-name insurance companies like State Farm, Allstate, Geico and Progressive all promote huge savings with advertising and it can be hard to avoid their marketing magic and effectively compare rates to find the best deal.

You should make it a habit to get comparison quotes at least once a year because rates trend upward over time. Just because you found the best rates for Versa insurance six months ago the chances are good that you can find a lower rate today. There is too much inaccurate information about insurance coverage online, so we’re going to give you a lot of great tips on how to reduce your insurance coverage bill.

Nissan Versa rates influenced by many factors

An important part of buying insurance is that you know the different types of things that come into play when calculating auto insurance rates. Knowing what determines base rates empowers consumers to make smart changes that could result in big savings.

  • Discounts for multiple policies – Some insurance companies give discounts to people who buy several policies from them. It’s known as a multi-policy discount. This can amount to 10 percent or more. Even if you’re getting this discount it’s in your best interest to compare other company rates to verify if the discount is saving money. Drivers may still find better rates by insuring with multiple companies.
  • Don’t sacrifice liability coverage – Your policy’s liability coverage is the protection if ever you are found to be at fault for causing damage or personal injury in an accident. It will provide for a legal defense up to the limits shown on your policy. This coverage is very inexpensive as compared to coverage for physical damage, so do not cut corners here.
  • Safer occupants lowers premiums – Vehicles with high crash test scores can get you lower premiums. The safest vehicles protect occupants better and lower injury rates means less money paid by your insurance company and more competitive rates for policyholders. If your Nissan is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
  • Policy add-ons can waste money – There are quite a few extra bells and whistles that can waste your money on your 2015 Versa policy. Things like vanishing deductibles, accident forgiveness and term life insurance may be wasting your money. These coverages may sound good initially, but if they’re wasting money remove them from your policy.
  • Proper usage rating affects rates – The higher the mileage driven in a year the more you’ll pay to insure your vehicle. Most insurance companies price each vehicle’s coverage based on their usage. Cars not used for work or commuting get more affordable rates than those used for commuting. Ask your agent if your auto insurance declarations sheet is showing the correct usage for each vehicle. Incorrect usage on your Versa can cost quite a bit.
  • An active claims history can cost you – If you are a frequent claim filer, you can definitely plan on higher rates. Auto insurance companies generally give lower rates to insureds who do not rely on their insurance for small claims. Insurance coverage is intended for major claims that would cause financial hardship.
  • Your stress level may be raising your rates – Did you know your job can affect your rates? Careers like doctors, executives and stock brokers tend to pay the highest rates attributed to high stress and lots of time spent at work. On the other hand, occupations like scientists, students and performers have the lowest average rates for Versa insurance.
  • Males pay more for insurance – Statistics demonstrate that men are more aggressive behind the wheel. That doesn’t necessarily mean that men are WORSE drivers than women. Women and men are in accidents in similar percentages, but the male of the species cause more damage. Men also tend to receive more costly citations like reckless driving and DUI. Male drivers age 16 to 19 are several times more likely to be in an accident and therefore are the most expensive to insure.

These discounts can lower your rates

Auto insurance companies don’t necessarily list every available discount in a way that’s easy to find, so the following is a list of some of the best known as well as the least known car insurance savings.

  • Student in College – Children living away from home attending college and do not have access to a covered vehicle may qualify for this discount.
  • Federal Government Employee – Employees or retirees of the government could cut as much as 10% off for Versa insurance with select insurance companies.
  • Military Rewards – Being on active duty in the military can result in better rates.
  • Multi-car Discount – Insuring more than one vehicle on one policy can get a discount on all vehicles.
  • Pay Upfront and Save – If you pay your entire premium ahead of time instead of paying each month you could save 5% or more.
  • Memberships – Participating in a qualifying organization could qualify you for a break on car insurance for Versa insurance.
  • Defensive Driver – Completing a course teaching defensive driving skills could possibly earn you a 5% discount depending on where you live.
  • Own a Home – Simply owning a home may earn you a small savings because maintaining a house is proof that your finances are in order.
  • One Accident Forgiven – A handful of insurance companies will allow you to have one accident before raising your premiums so long as you haven’t had any claims for a particular time prior to the accident.
  • Auto/Home Discount – If you insure your home and vehicles with the same company you could get a discount of up to 20% off your total premium.

It’s important to note that most discount credits are not given the the whole policy. Most only apply to the price of certain insurance coverages like liability and collision coverage. So even though they make it sound like adding up those discounts means a free policy, car insurance companies aren’t that generous.

Insurance companies that may have some of the above discounts include:

Double check with each insurance company what discounts are available to you. Savings might not apply in your state.

Different people need different coverages

When buying coverage, there really is not a one size fits all plan. Every insured’s situation is different so this has to be addressed. For instance, these questions may help you determine whether your personal situation could use an agent’s help.

  • Is a new car covered when I drive it off the dealer lot?
  • Do I benefit by insuring my home with the same company?
  • How can I force my company to pay a claim?
  • Why do I only qualify for high-risk insurance?
  • Will my insurance pay for OEM parts?
  • What should my uninsured motorist coverage limits be in my state?
  • Am I covered when driving a rental car?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of car insurance companies in your area.

Car insurance coverage breakdown

Knowing the specifics of a car insurance policy aids in choosing the right coverages and the correct deductibles and limits. The terms used in a policy can be confusing and coverage can change by endorsement. Listed below are typical coverages found on the average car insurance policy.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your Nissan Versa.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses like rehabilitation expenses, doctor visits, surgery, X-ray expenses and ambulance fees. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover you and your occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Collision insurance

This pays for damage to your Versa resulting from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like sideswiping another vehicle, crashing into a ditch, colliding with another moving vehicle, hitting a parking meter and hitting a mailbox. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Comprehensive or Other Than Collision

This coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as rock chips in glass, hail damage, fire damage, hitting a deer and damage from a tornado or hurricane. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Auto liability

Liability coverage will cover injuries or damage you cause to other people or property that is your fault. It protects YOU against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability coverage pays for claims such as medical expenses, loss of income, medical services, court costs and structural damage. How much liability coverage do you need? That is up to you, but consider buying as high a limit as you can afford.

Have the Midas touch

Discount 2015 Nissan Versa insurance is attainable from both online companies in addition to many insurance agents, and you should compare price quotes from both to have the best selection. Some companies do not provide online price quotes and usually these small insurance companies provide coverage only through local independent agents.

While you’re price shopping online, it’s a bad idea to buy lower coverage limits just to save a few bucks. There have been many cases where an insured cut uninsured motorist or liability limits only to discover later that they should have had better coverage. The ultimate goal is to get the best coverage possible at a price you can afford while still protecting your assets.

We’ve covered a lot of ways to save on insurance. The key thing to remember is the more providers you compare, the better your chances of lowering your rates. Consumers could even find that the lowest premiums are with some of the lesser-known companies. They may cover specific market segments cheaper compared to the large companies like Allstate and Progressive.

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