How Much Does 1994 Nissan Altima Car Insurance Cost?

Searching for cheaper auto insurance rates for your Nissan Altima? Locating cheaper insurance for a Nissan Altima can turn out to be a painful process, but you can use a few tricks and make it easy.

There is a better way to find auto insurance online so you’re going to learn the best way to quote coverages for a new or used Nissan and get the lowest possible price from local insurance agents and online providers.

It’s a good idea to do rate comparisons every six months due to the fact that insurance prices are variable and change quite frequently. Just because you had the best deal for Altima insurance a few years ago you can probably find a lower rate today. Ignore everything you know about auto insurance because we’re going to demonstrate one of the quickest ways to properly buy coverages while reducing your premium.

Shopping for affordable protection is not that difficult. If you are insured now or need new coverage, you can use these techniques to cut your premiums while maintaining coverages. Drivers just need to understand the most efficient way to compare prices on the web.

Discounts for cheaper insurance rates

Companies that sell car insurance don’t always publicize all possible discounts very clearly, so below is a list some of the more common as well as the least known credits available to you. If you check and find you aren’t receiving every discount you deserve, you’re paying more than you need to.

  • Discount for Home Ownership – Owning a home can help you save on insurance because maintaining a house is proof of financial responsibility.
  • Use Seat Belts – Forcing all vehicle occupants to fasten their seat belts can save a little off the PIP or medical payment premium.
  • Good Driver Discounts – Drivers who avoid accidents may receive a discount up to 45% for Altima insurance compared to rates paid by drivers with frequent claims.
  • Bundle and Save – If you can bundle your homeowners and auto insurance with one company you could get a discount of nearly 15% which can help you find the cheapest car insurance.
  • 55 and Retired – Older drivers can get reduced rates for Altima insurance.
  • Renewal Discounts – A few larger companies give discounts for buying a policy prior to the expiration date on your current policy. It could save around 10% when you buy car insurance online.
  • Employee of Federal Government – Active or retired federal employment could cut as much as 10% off for Altima insurance with some insurance companies.
  • Telematics Data Discounts – Drivers who agree to allow data collection to monitor driving habits by using a telematics device such as In-Drive from State Farm or Allstate’s Drivewise system might get better premium rates if they show good driving skills.
  • Accident Forgiveness – Not a discount per se, but a few companies such as Progressive, State Farm and GEICO will let one accident slide before hitting you with a surcharge if you have no claims for a certain period of time.
  • Discounts for New Vehicles – Buying a new car model can save up to 30% because newer vehicles have to meet stringent safety requirements.

You should keep in mind that most credits do not apply the the whole policy. Some only reduce individual premiums such as liability and collision coverage. Just because you may think it’s possible to get free car insurance, you won’t be that lucky.

A list of companies and some of the discounts are outlined below.

  • GEICO has discounts for anti-lock brakes, driver training, defensive driver, good student, five-year accident-free, and emergency military deployment.
  • Travelers may include discounts for student away at school, driver training, IntelliDrive, good student, early quote, save driver, and multi-policy.
  • Farm Bureau may have discounts that include good student, multi-policy, driver training, multi-vehicle, renewal discount, and 55 and retired.
  • Liberty Mutual has savings for new vehicle discount, hybrid vehicle, newly married, teen driver discount, newly retired, and preferred payment discount.
  • American Family may offer discounts for early bird, multi-vehicle, accident-free, good student, and mySafetyValet.
  • Progressive offers discounts including continuous coverage, multi-vehicle, online quote discount, good student, online signing, multi-policy, and homeowner.

When quoting, ask every insurance company what discounts are available to you. Some of the discounts discussed earlier may not apply to policyholders in your state. If you would like to choose from a list of insurance companies offering insurance discounts, click here to view.

Finding insurance coverage

Cutting your insurance coverage rates can be quick and easy. The only requirement is to take time comparing rates to find out which insurance company has cheaper car insurance quotes. This can be done in just a few minutes using one of these methods.

  • The fastest and easiest way to find the lowest comparison rates is a comparison rater form (click to open form in new window). This easy form keeps you from doing separate quotation requests for each company you want a rate for. Taking the time to complete one form gets rate comparisons from multiple low-cost companies. It’s the fastest way to compare.
  • A different way to analyze rates is going to each individual company website and repeat the quote process. For instance, let’s assume you want to compare prices for USAA, Progressive and State Farm. You would be required to spend time on each company’s site and repeatedly enter your information, which is not fast way to get rate quotes. For a handy list of car insurance company links in your area, click here.

Take whichever approach you prefer, but make absolute certain that you use identical coverages for every company. If you have differing limits it will be very difficult to make an equal comparison.

Get lower-cost insurance rates by understanding these factors

One of the most helpful ways to save on auto insurance is to to have a grasp of some of the things that aid in calculating the level of your policy premiums. If you know what positively or negatively impacts your premiums, this helps enable you to make changes that can earn you much lower annual insurance costs. Lots of things are part of the equation when premium rates are determined. Some are pretty understandable such as traffic violations, although some other factors are less obvious like your vehicle usage or your vehicle rating.

  • Small claims can cost you – If you file a lot of claims you should expect either higher rates or even cancellation. Insurance companies award discounts to insureds that do not abuse their auto insurance. Insurance coverage is designed for the bigger claims that can’t be paid out-of-pocket.
  • Obey driving laws and save – Good drivers have lower premiums than their less careful counterparts. Having a single chargable violation may increase your cost to the point where it’s not affordable. Drivers unfortunate enough to have multiple violations like DUI or reckless driving may find they need to prove financial responsibility with their state’s department of motor vehicles in order to prevent their license from being revoked.
  • What are your physical damage deductibles? – Your deductibles state the amount of money you are willing to pay out-of-pocket if the claim is covered. Physical damage coverage, also called ‘full coverage’, protects your car from damage. Some examples of covered claims are a windshield broken by a bird, collision with a deer, and damage from wind. The larger the amount you choose to pay out-of-pocket, the bigger discount you will receive for Altima insurance.
  • See if your company offers a multi-policy discount – Lots of companies apply discounts to insureds that buy multiple policies, otherwise known as a multi-policy discount. Discounts can be ten or even fifteen percent. Even if you qualify for this discount already, you may still want to get quotes from other companies to help ensure you have the lowest rates.
  • Lower premiums for cars with good safety ratings – Cars with high safety ratings tend to have lower insurance rates. Vehicles engineered for safety reduce occupant injuries and reduced instances of injuries translates directly to fewer claims and more competitive rates for policyholders. If your Nissan Altima has at least an “acceptable” rating on the Insurance Institute for Highway Safety website it may cost less to insure.
  • Liability insurance is peace of mind – The liability coverage on your policy is the coverage that protects you in the event that you are responsible for causing personal injury or damage in an accident. Your policy’s liability insurance provides legal defense coverage up to the limits shown on your policy. Liability is cheap compared to insuring for physical damage coverage, so drivers should carry high limits.
  • Do you really need the incidental coverages? – There are a lot of additional coverages that you can get tricked into buying when buying auto insurance. Coverages for coverage for rental cars, accidental death, and additional equipment coverage are examples of these. You may think they are a good idea when talking to your agent, but now you might not need them so eliminate the coverages to reduce your premium.

You may need specialized car insurance coverage

When it comes to buying adequate coverage, there isn’t really a cookie cutter policy. Every situation is different.

Here are some questions about coverages that could help you determine if your insurance needs would benefit from an agent’s advice.

  • When should I remove comp and collision on my 1994 Nissan Altima?
  • Will I lose any money if I cancel my policy before it expires?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Should I buy additional glass protection?
  • Is my 1994 Nissan Altima covered for smoke damage?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Which companies will insure high-risk drivers?

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, take a second and complete this form. It’s fast, doesn’t cost anything and may give you better protection.

Insurance policy coverages for a 1994 Nissan Altima

Understanding the coverages of your policy aids in choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.

Liability coverages

Liability insurance will cover damages or injuries you inflict on people or other property. This insurance protects YOU against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Another option is a combined limit which combines the three limits into one amount without having the split limit caps.

Liability can pay for things such as pain and suffering, emergency aid and structural damage. How much liability should you purchase? That is your choice, but you should buy as large an amount as possible.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage pay for bills such as dental work, rehabilitation expenses and doctor visits. They are used to cover expenses not covered by your health insurance program or if you do not have health coverage. It covers all vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not available in all states and may carry a deductible

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family and also any damage incurred to your Nissan Altima.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Usually the UM/UIM limits do not exceed the liability coverage limits.

Collision coverage

Collision insurance will pay to fix damage to your Altima resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims such as rolling your car, colliding with another moving vehicle, crashing into a building and backing into a parked car. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Comprehensive auto coverage

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as hail damage, damage from getting keyed and a broken windshield. The maximum amount your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Keep this in mind

Drivers leave their current company for a number of reasons such as high rates after DUI convictions, extreme rates for teen drivers, unfair underwriting practices and policy non-renewal. No matter why you want to switch, choosing a new insurance company is actually quite simple.

As you quote car insurance, you should never reduce coverage to reduce premium. There are many occasions where an accident victim reduced uninsured motorist or liability limits only to discover later that it was a big mistake. Your strategy should be to purchase plenty of coverage for the lowest price and still be able to protect your assets.

We just presented quite a bit of information on how to save on 1994 Nissan Altima insurance. The most important thing to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. You may even find the lowest premium rates are with a small local company.

To learn more, link through to the resources below: