How Much Does 2015 Nissan Versa Car Insurance Cost?

Want lower car insurance rates for your Nissan Versa? When looking for lower-cost insurance, do you get confused by the wide range of car insurance providers in your area? Lot’s of other drivers are too. consumers have so many options that it can really be a difficult situation to lower your prices.

Consumers should take time to shop coverage around every six months because car insurance rates change regularly. Just because you had the lowest rate for Versa coverage on your last policy you may be paying too much now. Forget anything you know (or think you know) about car insurance because I’m going to let you in on the secrets to one of the easiest ways to lower your rates without sacrificing coverage.

Do you qualify for discounts?

Some providers don’t necessarily list every possible discount very clearly, so we took the time to find a few of the more common in addition to some of the lesser obvious discounts you could be receiving when you buy insurance online.

  • Defensive Driver Discount – Participating in a defensive driving class could earn you a small percentage discount if your company offers it.
  • Air Bags and Passive Restraints – Factory air bags can receive discounts of 20% or more.
  • Discounts for Federal Employees – Simply working for the federal government may reduce rates when you quote insurance for Versa coverage with some car insurance companies.
  • Full Payment Discount – If you can afford to pay the entire bill instead of monthly or quarterly installments you may have a lower total premium amount.
  • Accident-Free Discounts – Drivers who don’t have accidents have much lower rates as compared to insureds who have frequent claims or accidents.
  • Military Rewards – Being deployed in the military could mean lower rates.
  • Low Miles Discount – Driving fewer miles may allow you to get slightly better premium rates than normal.
  • Life Insurance Discount – Larger companies have a break if you buy life insurance from them.
  • Save with a New Car – Putting coverage on a new car is cheaper since new vehicles have better safety ratings.

Policy discounts save money, but most discounts do not apply to all coverage premiums. Most cut the cost of specific coverages such as collision or personal injury protection. Just because you may think adding up those discounts means a free policy, insurance companies wouldn’t stay in business. Any qualifying discounts will help lower your policy cost.

Some of the insurance companies that may offer many of the previously listed discounts include:

It’s a good idea to ask each company what discounts are available to you. Some of the earlier mentioned discounts might not apply in every state. To find insurers that offer the discounts shown above, click here.

How to compare insurance coverage rate quotes

When shopping for cheap insurance quotes, there are a couple of ways of comparing price quotes from many insurance coverage companies in your state. The recommended way to do a complete rate comparison is to get quotes online. This can be done using a couple different methods.

One of the fastest ways consumers can analyze rates is to use a rate comparison form like this one (opens in new window). This type of form eliminates the need for a different quote for every insurance coverage company. Completing one form will get you price quotes from several companies. This is perfect if you don’t have a lot of time.

A different way to compare prices is going to each individual company website to request a price quote. For instance, let’s say you want comparison quotes from Farmers, State Farm and GMAC. To get each rate you have to go to each individual site and enter your policy data, which is why the first method is quicker.

To view a list of companies in your area, click here.

It doesn’t matter which method you choose, just be certain you are entering identical coverages and limits for every quote you compare. If you compare higher or lower deductibles it will be very difficult to get a fair rate comparison. Just a small difference in insurance coverages or limits may result in large price differences. And when comparing insurance coverage rates, know that getting more free quotes will enable you to find more affordable insurance.

Six factors that impact insurance prices

It’s important that you understand the factors that help determine insurance coverage rates. If you have a feel for what determines premiums, this enables you to make decisions that may result in lower premium levels.

  • Older drivers are lower risk – Youthful drivers are known to be inattentive and easily distracted when driving with friends therefore insurance coverage rates are much higher. Older drivers are viewed as being more responsible, cause fewer claims and accidents and tend to be get fewer driving tickets.
  • Pay more if you have a long commute – Choosing to live in less populated areas is a good thing when it comes to insurance coverage. Fewer drivers and short commutes means less chance of accidents and lower theft and vandalism rates. People who live in big cities have traffic congestion and longer commutes to work. The longer drive time means higher likelihood of an accident.
  • Vehicles with better crash test results mean better insurance coverage rates – Safer cars tend to have lower insurance rates. Vehicles built for safety protect occupants better and better occupant protection means your insurance company pays less and lower rates for you.
  • Discounts for multiple policies – Most larger companies afford better rates for people that purchase more than one policy such as combining an auto and homeowners policy. Even if you qualify for this discount already, consumers should still comparison shop to confirm you are receiving the best rates possible.
  • High comp and collision deductibles equal low rates – Comprehensive and collision coverage deductibles are how much you are willing to pay out-of-pocket before a claim is paid by your company. Insurance for physical damage to your car, also known as collision and other-than-collision, is used to repair damage to your car. Examples of covered claims would be a windshield broken by a bird, fire damage, and damage from wind. The more of the claim you have to pay, the lower your rates will be for Versa coverage.
  • How much liability insurance do you need? – A critical coverage on your policy, liability insurance is the coverage that protects you if ever you are responsible for damages caused by your negligence. Liability insurance provides legal defense which can cost a lot. Liability insurance is quite affordable as compared to coverage for physical damage, so drivers should carry high limits.

Don’t assume everyone needs the same car insurance coverage

When buying the right insurance coverage, there really is no “perfect” insurance plan. Every situation is different.

For instance, these questions could help you determine whether you might need professional guidance.

  • Can I afford low physical damage deductibles?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Is a new car covered when I drive it off the dealer lot?
  • Do I have coverage when using my vehicle for my home business?
  • Does my policy cover my teen driver if they drive my company car?
  • Am I covered when driving in Canada or Mexico?
  • Do I need medical payments coverage since I have good health insurance?
  • Is my cargo covered for damage or theft?
  • Am I covered if I hit my neighbor’s mailbox?

If you can’t answer these questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, fill out this quick form.

Insurance in the media

Progressive, Allstate and GEICO regularly use television, radio, and online ads. All the ads state the claim about saving some big amount if you get a free insurance quote and switch your insurance coverage to their company. Is it even possible that every company can give you a better price? Here is how they do it.

Companies give the best rates for the type of driver that will add to their bottom line. A good example of a profitable customer may be between the ages of 30 and 50, has no claims, and drives a safe vehicle. Someone that fits those parameters will get very good rates and will also pay quite a bit less when switching companies.

Consumers who may not quite match this ideal profile must pay a higher premium which results in the customer not buying. If you pay attention, the ads say “drivers who switch” but not “all drivers who get quotes” can get the lowest rates when switching. That’s why companies can state the savings. This really emphasizes why drivers should quote coverage with many companies. It’s just too difficult to predict which company will provide the lowest rates.

Car insurance coverages and their meanings

Understanding the coverages of a car insurance policy can help you determine the right coverages and proper limits and deductibles. Policy terminology can be impossible to understand and nobody wants to actually read their policy.

Liability – Liability insurance protects you from damage or injury you incur to a person or their property by causing an accident. It protects you against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.

Liability coverage pays for claims such as funeral expenses, repair bills for other people’s vehicles and medical expenses. How much liability should you purchase? That is up to you, but you should buy as high a limit as you can afford.

Collision – This coverage covers damage to your Versa resulting from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like crashing into a building, scraping a guard rail, sustaining damage from a pot hole and crashing into a ditch. This coverage can be expensive, so you might think about dropping it from lower value vehicles. You can also raise the deductible to get cheaper collision coverage.

Comprehensive coverage (or Other than Collision) – This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like a broken windshield, hitting a bird, hitting a deer and damage from getting keyed. The maximum amount a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Insurance for medical payments – Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses for pain medications, dental work and surgery. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants and also covers if you are hit as a while walking down the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Uninsured Motorist or Underinsured Motorist insurance – This protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants as well as damage to your Nissan Versa.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.

Cheaper insurance is a realistic goal

Some insurance companies do not offer the ability to get a quote online and many times these smaller companies prefer to sell through independent agents. Lower-priced insurance coverage is attainable both online and with local insurance agents, so compare prices from both to have the best rate selection.

Insureds leave their current company for a number of reasons such as unfair underwriting practices, policy non-renewal, delays in paying claims and even extreme rates for teen drivers. No matter why you want to switch, choosing a new company can be easier than you think.

Throughout this article, we presented some good ideas how to compare 2015 Nissan Versa insurance premium rates online. The key concept to understand is the more providers you compare, the higher your chance of finding cheap insurance. You may even discover the lowest premium rates come from the least-expected company.

Additional information is available on the following sites: