Feel like you have an expensive car insurance policy? Don’t feel bad because there are lots of residents who feel the same.
Due to the abundance of insurance companies to choose from, it’s nearly impossible to find the most cost effective company.
Smart consumers take time to compare rates before your policy renews because insurance prices go up and down regularly. Just because you had the lowest price for Maxima coverage at your last renewal a different company probably has better rate quotes today. Forget all the misinformation about car insurance because we’re going to demonstrate the things you must know in order to eliminate unnecessary coverages and save money.
Companies offering auto insurance don’t list the entire discount list in an easy-to-find place, so the next list breaks down both well-publicized as well as the least known credits that may apply to you.
As is typical with insurance, some of the credits will not apply to the overall cost of the policy. Most only reduce the price of certain insurance coverages like medical payments or collision. So when the math indicates you would end up receiving a 100% discount, company stockholders wouldn’t be very happy.
Auto insurance companies who might offer these benefits include:
Before purchasing a policy, check with every insurance company which credits you are entitled to. All car insurance discounts might not be offered on policies in your area. To see a list of insurers that provide some of the discounts listed above, click this link.
Performing a rate comparison can be challenging if you aren’t aware of the fastest way to get free quotes. You could spend your day talking to insurance companies in your area, or you can utilize the internet to achieve your goal.
Most car insurance companies belong to an insurance system that allows shoppers to enter their coverage request one time, and at least one company provides a quote. This eliminates the need for quotation requests to every company.
To find out how much you’re overpaying now click to open in new window.
One minor caviat to using this type of form is you don’t know exactly which companies you want to price. So if you prefer to choose specific insurance companies to receive pricing from, we have a page of companies who write insurance in your area. View list of insurance companies.
However you get your quotes, make darn sure you compare apples-to-apples coverages and limits on every price quote you get. If you have different liability limits it will be impossible to make a fair comparison for your Nissan Maxima. Just slight variations in insurance coverages could skew the results. Just remember that making a lot of price comparisons helps increase your odds of locating the best rates.
When it comes to buying coverage, there is no cookie cutter policy. Every insured’s situation is different and a cookie cutter policy won’t apply. Here are some questions about coverages that can aid in determining whether your personal situation may require specific advice.
If you’re not sure about those questions, you may need to chat with a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area.
Learning about specific coverages of your policy can be of help when determining the right coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring. Listed below are typical coverages offered by car insurance companies.
This coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Nissan Maxima.
Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Most of the time these coverages are similar to your liability insurance amounts.
Medical payments and Personal Injury Protection insurance kick in for expenses for chiropractic care, dental work and nursing services. They are often utilized in addition to your health insurance program or if you do not have health coverage. Medical payments and PIP cover you and your occupants and will also cover getting struck while a pedestrian. PIP is not available in all states and gives slightly broader coverage than med pay
This covers damage to your Maxima from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.
Collision can pay for claims such as crashing into a ditch, sustaining damage from a pot hole and backing into a parked car. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. You can also increase the deductible to save money on collision insurance.
Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims like hail damage, hitting a bird and theft. The highest amount your car insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.
Liability coverage can cover injuries or damage you cause to a person or their property in an accident. This insurance protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.
Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 50/100/50 which means $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.
Liability can pay for claims such as attorney fees, legal defense fees, loss of income and court costs. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase higher limits if possible.
When shopping online for insurance, it’s not a good idea to buy lower coverage limits just to save a few bucks. In too many instances, someone sacrificed collision coverage to discover at claim time they didn’t have enough coverage. The goal is to purchase plenty of coverage for the lowest cost while still protecting your assets.
In this article, we presented many ways to reduce 2016 Nissan Maxima insurance car insurance rates online. The most important thing to understand is the more rate quotes you have, the better chance you’ll have of finding inexpensive car insurance. You may be surprised to find that the lowest car insurance rates are with the smaller companies. They may only write in your state and offer lower premium rates than the large multi-state companies such as State Farm, GEICO and Nationwide.
Much more information about insurance can be found at these links: