How Much Does 2016 Nissan Versa Insurance Cost?

Feel like you have overpriced car insurance? It’s a common feeling and many consumers feel financially strained by their car insurance policy.

Due to the abundance of companies to choose from, it can be diffult for drivers to choose a lower cost company.

It’s a good idea to do price comparisons before your next renewal since prices go up and down regularly. Even if you think you had the lowest price on Versa coverage a year ago the chances are good that you can find a lower rate today. There are a lot of ways to save on car insurance out there, but we’re going to give you the easiest ways to reduce your car insurance bill.

More affordable rates by taking advantage of discounts

Insurance is not inexpensive, but you may be missing some discounts that you may not even know about. Certain credits will be shown when you complete an application, but some discounts are required to be inquired about prior to receiving the credit.

  • Distant College Student Discount – College-age children who are enrolled in a college that is more than 100 miles from home and leave their car at home could get you a discount.
  • Theft Prevention System – Vehicles that have factory alarm systems and tracking devices help deter theft and will save you 10% or more.
  • Discounts for Government Workers – Simply working for the federal government could qualify for a slight premium decrease on Versa coverage depending on your insurance provider.
  • Claim-Free Discount – Claim-free drivers pay less in comparison with insureds who have frequent claims or accidents.
  • Membership in Organizations – Belonging to qualifying employment or professional organizations may earn a discount on your bill.
  • Driving Data Discount – Insureds that choose to allow companies to spy on their driving habits by using a telematics device such as Snapshot from Progressive or Drivewise from Allstate may get a rate reduction as long as the data is positive.
  • Accident Waiver – This isn’t a discount exactly, but some companies like GEICO, State Farm, and Progressive will turn a blind eye to one accident without raising rates so long as you are claim-free before the accident.
  • Anti-lock Brake Discount – Anti-lock brake equipped vehicles prevent accidents and qualify for as much as a 10% discount.
  • Save with a New Car – Adding a new car to your policy can be considerably cheaper because newer models are generally safer.

We need to note that most discounts do not apply to the entire policy premium. The majority will only reduce the cost of specific coverages such as medical payments or collision. Just because you may think all the discounts add up to a free policy, you aren’t that lucky.

A partial list of companies that may offer quotes with these benefits include:

Check with every company which discounts you qualify for. Some of the earlier mentioned discounts might not be offered in your area. To view insurance companies that offer the discounts shown above, click here to view.

Nissan Versa insurance premium factors

When buying insurance it’s important to understand the different types of things that come into play when calculating your policy premiums. When consumers understand what determines base rates, this allows you to make educated decisions that may result in much lower annual insurance costs. Lots of things are used in the calculation when premium rates are determined. Some of the criteria are obvious such as your driving record, although some other factors are less obvious such as your marital status and annual miles driven.

Listed below are a few of the things insurance companies consider when setting rates.

  • Improve your credit rating and save – A driver’s credit rating is a big factor in determining what you pay. Consumers who have excellent credit scores tend to be better risks to insure than drivers who have lower credit scores. If your credit is not that good, you could potentially save money when insuring your 2016 Nissan Versa by improving your credit score.
  • Youthful drivers pay higher prices – Inexperience drivers are known to be easily distracted behind the wheel and because of this, their insurance rates are much higher. Parents adding a beginning driver onto a policy can cause a big jump in price. Older, more experienced drivers are viewed as being more responsible, cost insurance companies less in claims and tend to be get fewer driving tickets.
  • Use but don’t abuse your insurance – Car insurance companies provide discounts to drivers who do not file claims often. If you’re an insured who likes to file claims you can definitely plan on either higher rates or even cancellation. Insurance coverage is intended for major claims that would cause financial hardship.
  • Liability protection is critical – The liability coverage on your policy will provide protection in the event that a court rules you are at fault for an accident. It will provide you with a defense in court to defend your case. Liability is cheap compared to physical damage coverage, so insureds should have plenty of protection for their assets.
  • Save by driving less – The more you drive your Nissan every year the more you will pay for insurance. Many insurance companies calculate prices based upon how you use the vehicle. Autos not used for work or commuting cost less to insure compared to those used for work or business. An improperly rated Versa may be costing you. Ask your agent if your policy reflects how each vehicle is driven, because it can save money.
  • Employer stress can make you pay more – Jobs such as doctors, social workers and financial analysts generally have higher premium rates because of high stress and lots of time spent away from family. Other professions such as scientists, engineers and performers get better rates on Versa coverage.
  • Are you male or female? – Over time, data shows females are less aggressive when driving. However, don’t assume that females are better drivers. Men and women get in at-fault accidents at about the same rate, but the male of the species have accidents that have higher claims. Men also statistically receive more major tickets such as DWI and reckless driving.
  • Your address can push rates up or down – Choosing to live in a small town has it’s advantages when insuring your vehicles. Fewer people translates into fewer accident claims in addition to lower liability claims City drivers tend to have much more traffic and longer commute times. More time behind the wheel can result in more accidents.

How much auto insurance do I need?

When it comes to choosing coverage for your personal vehicles, there isn’t really a perfect coverage plan. Every insured’s situation is different so this has to be addressed. For example, these questions might point out whether you would benefit from professional advice.

  • Should I waive the damage coverage when renting a car?
  • Does my policy pay for OEM or aftermarket parts?
  • Is my trailer covered?
  • Is my nanny covered when driving my vehicle?
  • Should I put collision coverage on all my vehicles?
  • When should I buy a commercial auto policy?
  • Will my rates increase for filing one claim?
  • Am I covered if I drive in a foreign country?
  • Will I lose any money if I cancel my policy before it expires?
  • Why am I required to get a high-risk car insurance policy?

If it’s difficult to answer those questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

Information about specific coverages

Knowing the specifics of your car insurance policy helps when choosing the right coverages at the best deductibles and correct limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. Shown next are the normal coverages found on most car insurance policies.

Auto liability insurance

This can cover damage that occurs to a person or their property by causing an accident. It protects you from legal claims by others, and does not provide coverage for 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 might see policy limits of 25/50/25 that means you have $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.

Liability coverage pays for claims like legal defense fees, pain and suffering, medical services, attorney fees and funeral expenses. How much liability coverage do you need? That is up to you, but buy as high a limit as you can afford.

Collision protection

Collision coverage pays to fix your vehicle from damage resulting from a collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for claims like sustaining damage from a pot hole, backing into a parked car and scraping a guard rail. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible to save money on collision insurance.

Comprehensive car insurance

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for things like hail damage, fire damage, rock chips in glass and theft. The highest amount a car insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses such as EMT expenses, X-ray expenses, hospital visits and funeral costs. They are often utilized in addition to your health insurance program or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Coverage for uninsured or underinsured drivers

This coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family and 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. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

A tidy conclusion

In this article, we presented some good ideas how to save on 2016 Nissan Versa insurance. The most important thing to understand is the more price quotes you have, the more likely it is that you will get a better rate. Consumers may even find the best price on auto insurance is with a small mutual company. Regional companies can often provide lower premium rates in certain areas as compared to the big name companies such as Allstate, GEICO and Progressive.

As you prepare to switch companies, never skimp on critical coverages to save a buck or two. In too many instances, an insured cut comprehensive coverage or liability limits only to find out that the small savings ended up costing them much more. Your aim should be to buy the best coverage you can find at a price you can afford, not the least amount of coverage.

Some insurance providers may not offer online price quotes and these regional insurance providers sell through independent insurance agencies. Cheaper 2016 Nissan Versa insurance is possible on the web and from local insurance agents, so you need to compare both in order to have the best chance of saving money.

Additional information can be found below: