2001 Nissan Altima Car Insurance Cost – 5 Savings Tips

Cutting costs on car insurance could be frustrating for drivers not familiar with online insurance quotes. There are so many companies to choose from that it can be a challenge to find a cheaper company.

Smart consumers take time to shop coverage around periodically since prices fluctuate regularly. Even if you got the best quotes on Altima coverage last year you can probably find a better rate now. Forget anything you know (or think you know) about car insurance because you’re about to learn the best methods to eliminate unnecessary coverages and save money.

Buy insurance coverage online

The are a couple different ways to compare rate quotes from companies that offer insurance coverage in your state. One of the best ways to lower the rate you pay for 2001 Nissan Altima insurance involves getting comparison quotes online. It’s really quite simple and can be done in just a few minutes using one of these methods.

If you’re in a hurry, the quickest way to find low rates is a comparison rater form click to view form in new window. This type of form keeps you from doing separate quotation requests for each company. One quote request gets you coverage quotes from several companies. Just one form and you’re done.

Another way to find more affordable insurance consists of going to the website for each individual company and go through the quote process again. For examples sake, we’ll pretend you are doing a rate comparison from Allstate, Safeco and Liberty Mutual. You would have to spend time going to each site individually and repeatedly type in your coverage information, which explains why we recommend starting with the first method. For a list of links to companies insuring cars in your area, click here.

How you compare quotes is your choice, just double check that you are using identical quote data on every price quote you get. If you enter different values for each quote it will be nearly impossible to make a fair comparison for your Nissan Altima. Just a small difference in coverages may cause a big price difference. Just keep in mind that comparing more quotes will enable you to find a better price. Not every company allows you to get price estimates online, so you also need to get rates from them, too.

Brand name doesn’t guarantee savings

Companies like State Farm and Allstate regularly use ads on TV and radio. They all seem to make the point that you’ll save big if you change your insurance coverage coverage to their company. How does every insurance coverage company charge less that you’re paying now? This is the way they can do it.

Insurance providers give the best rates for the type of customer that is profitable for them. A good example of a desirable risk could be over the age of 45, carries full coverage, and drives a car with an anti-theft system. A customer getting a price quote that meets those criteria may get the lowest prices and will most likely save some money.

Drivers who don’t meet those standards may receive a more expensive rate which leads to the customer not purchasing. The ads say “customers that switch” but not “all drivers who get quotes” save that kind of money. That’s the way companies can advertise the way they do.

Because every company is different, you need to compare many company’s car insurance rates. Because you never know which insurance companies will have the best rates for your profile.

Cheaper auto insurance quotes with discounts

Car insurance can cost a lot, but you may qualify for discounts that many people don’t even know exist. Most are applied when you get a quote, but less common discounts must be manually applied before being credited. If they aren’t giving you every credit you deserve, you may be paying too high a price.

  • Switch and Save Discount – Some larger companies reward drivers for signing up early. The savings is around 10%.
  • Theft Deterent Discount – Cars and trucks optioned with advanced anti-theft systems are stolen with less frequency and will save you 10% or more.
  • Onboard Data Collection – People who choose to allow companies to spy on driving manner through the use of a telematics system such as State Farm’s In-Drive could possibly reduce rates if they have good driving habits.
  • Multiple Cars – Insuring multiple cars with one company could earn a price break for each car.
  • Buy New and Save – Buying insurance coverage on a new vehicle can get you a discount compared to insuring an older model.

Keep in mind that some of the credits will not apply the the whole policy. Some only apply to individual premiums such as liability, collision or medical payments. Even though it appears all those discounts means the company will pay you, that’s just not realistic.

Larger auto insurance companies and some of their more popular discounts include:

  • GEICO discounts include multi-policy, membership and employees, daytime running lights, military active duty, driver training, emergency military deployment, and multi-vehicle.
  • MetLife may offer discounts for claim-free, good student, multi-policy, accident-free, good driver, defensive driver
  • State Farm offers premium reductions for multiple policy, good student, driver’s education, accident-free, student away at school, defensive driving training, and passive restraint.
  • Progressive has savings for online signing, online quote discount, multi-vehicle, continuous coverage, good student, and homeowner.
  • Mercury Insurance policyholders can earn discounts including type of vehicle, good student, age of vehicle, anti-theft, and location of vehicle.
  • 21st Century offers discounts including good student, automatic seat belts, driver training, anti-lock brakes, student driver, theft prevention, and early bird.
  • Allstate offers discounts for new car, defensive driver, eSmart discount, multi-policy, resident student, good payer, and premier discount.

When comparing rates, check with each company which discounts you qualify for. Depending on the company, some discounts might not be offered on policies in your area. If you would like to view insurance companies that offer some of these discounts, click this link.

Tailor your car insurance coverage to you

When it comes to choosing the right insurance coverage for your vehicles, there really is no best way to insure your cars. Every situation is different.

These are some specific questions could help you determine if you will benefit from professional help.

  • Are rental cars covered under my policy?
  • Does my 2001 Nissan Altima need full coverage?
  • How high should my medical payments coverage be?
  • When should I not file a claim?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Can I get a multi-policy discount?
  • What is no-fault insurance?
  • Am I covered when using my vehicle for business?
  • How high should my uninsured/underinsured coverage be in my state?

If you can’t answer these questions, then you may want to think about talking to an agent. If you don’t have a local agent, fill out this quick form.

Car insurance coverage considerations

Having a good grasp of your car insurance policy can be of help when determining the best coverages and proper limits and deductibles. Car insurance terms can be ambiguous and reading a policy is terribly boring.

Uninsured/Underinsured Motorist (UM/UIM)

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

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Normally these limits are similar to your liability insurance amounts.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP provide coverage for expenses like ambulance fees, nursing services, pain medications and X-ray expenses. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants and will also cover being hit by a car walking across the street. PIP is not available in all states and may carry a deductible

Liability

Liability insurance can cover damage or injury you incur to other’s property or people that is your fault. 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 policy limits of 50/100/50 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and property damage coverage for $50,000. Another option is a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage protects against claims like loss of income, attorney fees and repair costs for stationary objects. The amount of liability coverage you purchase is your choice, but buy as much as you can afford.

Comprehensive insurance

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

Comprehensive coverage protects against things like damage from flooding, hitting a deer, damage from getting keyed and falling objects. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision protection

Collision insurance will pay to fix damage to your Altima caused by collision with an object or car. A deductible applies and then insurance will cover the remainder.

Collision insurance covers claims like scraping a guard rail, crashing into a building, colliding with another moving vehicle, sustaining damage from a pot hole and sideswiping another vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also bump up the deductible to save money on collision insurance.

In conclusion

Budget-friendly auto insurance is definitely available online and from local agencies, so you should compare both in order to have the best price selection to choose from. There are still a few companies who may not provide price quotes online and usually these smaller companies provide coverage only through independent agents.

Consumers change insurance companies for a variety of reasons including an unsatisfactory settlement offer, policy non-renewal, lack of trust in their agent or being labeled a high risk driver. It doesn’t matter what your reason, finding the right auto insurance provider is pretty easy and you might even save some money in the process.

Throughout this article, we presented some good ideas how you can get a better price on 2001 Nissan Altima insurance. The most important thing to understand is the more companies you get rates for, the better your chances of lowering your rates. Drivers may discover the biggest savings come from some of the lesser-known companies.

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