How Much Does 2016 Nissan Altima Insurance Cost?

Drivers have options when trying to find the lowest priced Nissan Altima insurance. They can either waste time driving around to compare prices or leverage the internet to get rate quotes. There is a right way and a wrong way to shop for insurance coverage and you need to know the absolute fastest way to quote coverages for a Nissan and get the best price possible.

Find discounts on auto insurance

Auto insurance is expensive, but you may find discounts that can help lower your rates. Most are applied when you purchase, but some may not be applied and must be inquired about prior to getting the savings.

  • Passenger Safety Discount – Options like air bags or motorized seat belts could see savings of 25 to 30%.
  • Homeowners Discount – Owning a house can earn you a little savings due to the fact that maintaining a home is proof that your finances are in order.
  • Federal Government Employee – Employees or retirees of the government can earn a discount up to 10% on Altima coverage but check with your company.
  • Multi-policy Discount – If you have multiple policies and insure them with the same company you will save as much as 10 to 15 percent.
  • Organization Discounts – Joining qualifying clubs or civic groups can get you a small discount when getting a auto insurance quote.
  • Buy New and Save – Buying auto insurance coverage on a new vehicle can save up to 30% because new model year vehicles keep occupants safer.
  • Distant College Student Discount – Kids who live away from home to go to college and won’t have access to an insured vehicle may qualify for this discount.
  • Multi-Vehicle Discounts – Buying a policy with all your vehicles with one company can reduce rates for all insured vehicles.
  • Military Rewards – Being on active deployment in the military can result in better auto insurance rates.
  • Driver Education Discount – Have your child successfully complete driver’s ed class as it will make them better drivers and lower rates.

We need to note that many deductions do not apply to the entire cost. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears having all the discounts means you get insurance for free, auto insurance companies aren’t that generous.

Companies and some of the premium reductions they offer can be read below.

  • GEICO policyholders can earn discounts including seat belt use, multi-policy, membership and employees, good student, multi-vehicle, driver training, and anti-lock brakes.
  • Travelers discounts include driver training, multi-car, save driver, early quote, student away at school, multi-policy, and good student.
  • Nationwide has discounts for good student, Farm Bureau membership, easy pay, family plan, and business or organization.
  • Farmers Insurance includes discounts for electronic funds transfer, distant student, multi-car, mature driver, pay in full, and good student.
  • Esurance may include discounts for emergency road assistance, renters, claim free, multi-car, anti-theft, and defensive driver.
  • State Farm offers discounts including driver’s education, multiple policy, multiple autos, passive restraint, Drive Safe & Save, student away at school, and anti-theft.
  • Progressive offers discounts for continuous coverage, online quote discount, good student, homeowner, and multi-policy.
  • Mercury Insurance may have discounts that include ease of repair, good student, location of vehicle, low natural disaster claims, type of vehicle, and multi-car.

Check with all the companies which credits you are entitled to. All car insurance discounts may not be available in your area. If you would like to see a list of auto insurance companies that offer the discounts shown above, follow this link.

How to lower your auto insurance cost

Finding cheap auto insurance rates can be quick and easy. You just need to take a couple of minutes getting comparison quotes to find out which insurance company has inexpensive auto insurance quotes. It’s really simple and can be done by using one of the methods below.

  1. The most efficient way consumers can make multiple comparisons is an all-inclusive rate comparison (click to open form in new window). This method prevents you from having to do a different quote to each individual auto insurance company. One form submission gets coverage cost estimates instantly. Recommended for those who want to invest the least amount of time.
  2. A more time consuming way to get quotes online is to take the time to go to the website of each company and go through the quote process again. For examples sake, let’s assume you want to view quotes from State Farm, 21st Century and Allstate. You would be required to spend time going to each site individually and repeatedly type in your coverage information, which can take a lot of time.

    For a list of links to insurance companies in your area, click here.

  3. The last way to price shop rates is driving around to all the different insurance agencies. Comparing online rate quotes has made agencies unnecessary unless you prefer the professional assistance of a local agency. It is possible to find lower rates online and have a local agent actually service the policy.

Whichever way you use, be sure to compare nearly identical coverage limits and deductibles for each comparison quote. If you are comparing differing limits it will be impossible to make a fair rate comparison.

Learn how to lower your insurance premiums

A large part of saving on auto insurance is knowing a few of the rating criteria that go into determining the price you pay for auto insurance. If you understand what determines base rates, this helps enable you to make changes that can earn you lower rates.

The following are some of the things utilized by car insurance companies to help set your prices.

  • Safety ratings are a factor – Cars with high safety ratings can get you lower premiums. Safer cars reduce injuries and any reduction in injury severity translates into fewer and smaller insurance claims passed on to you as lower rates. If the Nissan Altima scored better than four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.
  • Alarm systems lower prices – Buying a car with anti-theft technology or alarm system can earn a premium discount. Theft prevention devices such as OnStar, LoJack tracking, and tamper alarms all help prevent your vehicle from being stolen.
  • Save money by raising comp and collision deductibles – Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Nissan. A few examples of covered claims could be a broken windshield, hitting a deer, and damage from a fallen tree branch. Your deductibles are how much you are willing to pay out-of-pocket before a claim is paid by your company. The more of the claim you’re willing to pay, the better rate you will receive on Altima coverage.
  • Drive less and save – Driving a lot of miles in a year’s time the more you will pay for auto insurance. A lot of companies price each vehicle’s coverage partially by how you use the vehicle. Vehicles that are left in the garage cost less to insure than cars that get driven a lot. Verify your auto insurance declarations sheet shows the correct usage for each vehicle. An improperly rated Altima may be wasting your money.
  • How old are your drivers? – Young drivers are statistically shown to be inattentive when at the wheel of a vehicle therefore auto insurance rates are much higher. Parents adding a inexperienced driver onto a policy can cause a big jump in price. More mature drivers are more cautious drivers, are lower risk to insure .

Tailor your insurance coverage coverage to you

When it comes to buying proper insurance coverage for your personal vehicles, there really is no “perfect” insurance plan. Everyone’s needs are different.

For example, these questions can help discover whether your personal situation would benefit from professional advice.

  • Should I put collision coverage on all my vehicles?
  • When should I remove comp and collision on my 2016 Nissan Altima?
  • Is my 2016 Nissan Altima covered for flood damage?
  • Does coverage extend to a rental car in a foreign country?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Can my teen drive my company car?
  • How much liability insurance is required?
  • Am I covered when driving a rental car?
  • Is my trailer covered?
  • What is covered by UM/UIM coverage?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an insurance agent. To find an agent in your area, take a second and complete this form. It’s fast, doesn’t cost anything and may give you better protection.

Drivers who switch save $399 a year? Really?

Consumers can’t avoid all the ads that claim the cheapest rates by companies like Progressive, Allstate and GEICO. They all state the claim that you can save if you change your auto insurance coverage to their company.

How does every company charge less that you’re paying now? It’s all in the numbers.

Auto insurance companies quote the lowest rates for the type of insured that will not have excessive claims. For instance, this type of driver might be described as over the age of 35, insures multiple vehicles, and does not commute to work. A customer that hits that “sweet spot” will get low prices as well as cut their rates substantially.

People who do not match the ideal profile will probably have to pay higher premiums which usually ends up with the driver buying from a lower-cost company. If you pay attention, the ads say “drivers that switch” not “everyone who quotes” save money. This is how companies can state the savings. Because each company has a different risk profile, it is so important to do a rate comparison at every renewal. Because you never know which insurance companies will provide you with the cheapest premium rates.

Specific coverage details

Learning about specific coverages of a car insurance policy aids in choosing which coverages you need and the correct deductibles and limits. Car insurance terms can be difficult to understand and even agents have difficulty translating policy wording.

Collision coverage – Collision insurance covers damage to your Altima caused by collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for claims like sideswiping another vehicle, backing into a parked car, sustaining damage from a pot hole and driving through your garage door. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM) – This coverage provides protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.

Comprehensive insurance – This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things like hitting a deer, rock chips in glass and a broken windshield. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Auto liability insurance – This coverage will cover damage that occurs to other’s property or people. It protects YOU against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 100/300/100 that means you have $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against things such as legal defense fees, medical services and repair costs for stationary objects. How much liability should you purchase? That is a decision to put some thought into, but you should buy as large an amount as possible.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP provide coverage for immediate expenses such as nursing services, X-ray expenses and EMT expenses. They are used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. They cover all vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Make an honest buck

We’ve covered some good ideas how you can save on 2016 Nissan Altima insurance. The key thing to remember is the more quotes you get, the better your chances of lowering your prices. You may even discover the lowest premium rates come from a small local company.

Budget-friendly auto insurance can be sourced online in addition to local insurance agencies, and you should be comparing both so you have a total pricing picture. Some auto insurance companies do not provide price quotes online and these smaller providers work with independent insurance agents.

Drivers switch companies for any number of reasons including policy cancellation, delays in responding to claim requests, an unsatisfactory settlement offer or even unfair underwriting practices. Regardless of your reason, switching auto insurance companies is pretty simple and you could end up saving a buck or two.

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