How Much Does 2001 Nissan Maxima Insurance Cost?

Buyers have lots of choices when searching for low-cost Nissan Maxima insurance. They can either spend hours driving around to compare prices or save time using the internet to compare rates.

There is a better way to buy insurance so we’re going to tell you the absolute fastest way to compare rates on a Nissan and locate the lowest price from local insurance agents and online providers.

Nissan Maxima insurance rates can be determined by these details

Smart consumers have a good feel for some of the elements that help determine your insurance rates. Having a good understanding of what influences your rates helps enable you to make changes that will entitle you to big savings.

The following are a partial list of the pieces that factor into prices.

  • You might want pay the small claims yourself – Insurance companies generally give cheaper rates to insureds who file claims infrequently. If you frequently file small claims, you can pretty much guarantee either higher rates or even cancellation. Your insurance policy is intended to be relied upon for major claims that would cause financial hardship.
  • Proper usage rating affects rates – Driving more miles in a year the more you’ll pay to insure your vehicle. Most companies apply a rate based on how the vehicle is used. Cars and trucks used primarily for pleasure use receive lower rates than those used for commuting. Double check that your insurance coverage shows the proper vehicle usage, because improper ratings can cost you money. Incorrect usage on your Maxima may be costing you.
  • Being married is a good thing – Having a wife or husband helps lower the price on insurance. It is viewed as being more mature than a single person and statistics show married couples file fewer claims.
  • High deductibles save money – Physical damage deductibles represent how much money you are required to spend in the event of a claim. Physical damage insurance, otherwise known as comp (or other than collision) and collision, insures against damage to your car. Some instances where coverage would apply could be colliding with a building, damage caused by hail, and burglary. The more you are required to pay out-of-pocket, the less your insurance will be on Maxima coverage.
  • Are you male or female? – Statistics have proven women tend to be less risk to insure than men. Now that doesn’t mean women are BETTER drivers than men. Both sexes have accidents at a similar rate, but men tend to have more serious accidents. Men also have more aggressive citations such as DWI and reckless driving.
  • Bundling policies can get discounts – Some companies give discounts to customers who carry more than one policy. It’s known as a multi-policy discount. Discounts can add up to anywhere from five to ten percent in most cases. Even though this discount sounds good, it’s still a good idea to comparison shop to verify if the discount is saving money.
  • Traffic citations inflate rates – Drivers who don’t get tickets tend to pay less for car insurance than their less careful counterparts. Only having one ticket can bump up the cost by as much as thirty percent. Drivers who get dangerous violations like DUI or reckless driving may be required to submit a SR-22 form with their state motor vehicle department in order to prevent a license revocation.
  • Liability coverage is cheap – Your policy’s liability coverage is the coverage that protects you in the event that a jury decides you are liable for damages from an accident. It will provide you with a defense in court which can be incredibly expensive. Liability is cheap as compared to coverage for physical damage, so drivers should carry high limits.

Verify you’re getting all your discounts

Car insurance can cost a lot, but there could be available discounts that you may not even be aware of. Most are applied when you get a quote, but lesser-known reductions have to be manually applied before being credited. If you aren’t receiving every discount available, you’re just leaving money on the table.

  • Accident Waiver – A handful of insurance companies will forgive one accident before hitting you with a surcharge if you are claim-free for a certain period of time.
  • Multi-car Discount – Buying insurance for more than one vehicle with the same company may reduce the rate for each vehicle.
  • Claim Free – Good drivers with no accidents pay much less when compared to drivers who are more careless.
  • Employee of Federal Government – Simply working for the federal government can earn a discount up to 10% on Maxima coverage depending on your company.
  • Student Driver Training – Have your child complete a driver education course if it’s offered in school.
  • Discount for New Cars – Putting insurance coverage on a new car can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • Drive Safe and Save – Drivers who don’t get into accidents may save up to 50% more on Maxima coverage than their less cautious counterparts.
  • Pay Upfront and Save – If paying your policy premium upfront instead of monthly or quarterly installments you could save 5% or more.
  • Seat Belts Save more than Lives – Drivers who require all occupants to buckle their seat belts can save 10% or more off your PIP or medical payments premium.
  • Anti-lock Brake System – Vehicles with anti-lock braking systems are safer to drive and will save you 10% or more.

Consumers should know that some credits don’t apply to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like collision or personal injury protection. So even though they make it sound like you can get free auto insurance, companies don’t profit that way. Any amount of discount will cut your premiums.

To see a list of providers with discount auto insurance rates, follow this link.

Can you really save $476 a year?

Consumers get pounded daily by advertisements for cheaper car insurance by companies like Progressive, GEICO, Allstate and State Farm. They all seem to have a common claim that you can save if you switch to them.

How can each company make the same claim? This is how they do it.

All the different companies are able to cherry pick for the type of driver that makes them money. For instance, a driver they prefer might be between the ages of 40 and 55, has no prior claims, and drives less than 10,000 miles a year. Any driver who fits that profile will qualify for the lowest rates and most likely will save when switching.

Potential insureds who don’t measure up to the requirements will be quoted more money which usually ends up with business going elsewhere. Company advertisements say “drivers who switch” not “everybody who quotes” save that kind of money. That’s why insurance companies can advertise the way they do.

This emphasizes why you absolutely need to compare as many rates as you can. You cannot predict the company that will provide you with the cheapest Nissan Maxima insurance rates.

When should I talk to an agent?

When it comes to choosing proper insurance coverage, there is no “best” method to buy coverage. Everyone’s situation is a little different.

Here are some questions about coverages that may help you determine whether or not you would benefit from an agent’s advice.

  • What is the difference between comprehensive and collision coverage?
  • Do I need added coverage for expensive stereo equipment?
  • Am I getting all the discounts available?
  • At what point should I drop full coverage?
  • How does medical payments coverage work?
  • Exactly who is provided coverage by my policy?
  • Is a fancy paint job covered?
  • Will filing a claim cost me more?
  • Can my teen drive my company car?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, fill out this quick form. It only takes a few minutes and can provide invaluable advice.

Information about specific coverages

Learning about specific coverages of auto insurance aids in choosing the best coverages for your vehicles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.

Collision coverage protection

This will pay to fix damage to your Maxima resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision can pay for things like sustaining damage from a pot hole, hitting a parking meter, colliding with another moving vehicle and hitting a mailbox. Collision is rather expensive coverage, so consider dropping it from older vehicles. It’s also possible to increase the deductible to bring the cost down.

Comprehensive or Other Than Collision

This will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as hitting a deer, vandalism and damage from a tornado or hurricane. The maximum amount a auto insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

UM/UIM Coverage

This coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your Nissan Maxima.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Normally the UM/UIM limits do not exceed the liability coverage limits.

Liability auto insurance

This coverage provides protection from damage that occurs to other’s property or people. This coverage protects you against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 100/300/100 which stand for a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Occasionally you may see a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage pays for things like court costs, loss of income and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but buy higher limits if possible.

Medical costs insurance

Coverage for medical payments and/or PIP reimburse you for expenses such as doctor visits, funeral costs, chiropractic care, prosthetic devices and X-ray expenses. The coverages can be used to fill the gap from your health insurance program or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

A penny saved is a penny earned

When buying insurance coverage, it’s a bad idea to reduce needed coverages to save money. There are many occasions where an insured dropped comprehensive coverage or liability limits and discovered at claim time they didn’t have enough coverage. Your aim should be to buy the best coverage you can find at the best price while not skimping on critical coverages.

Consumers leave their current company for a variety of reasons including policy cancellation, high rates after DUI convictions, delays in responding to claim requests and even questionable increases in premium. It doesn’t matter what your reason, switching insurance companies can be easier than you think.

Discount 2001 Nissan Maxima insurance is attainable both online in addition to many insurance agents, so compare prices from both in order to have the best price selection to choose from. Some insurance companies do not provide online price quotes and most of the time these small insurance companies sell through independent agents.

More information