How Much Does 2009 Nissan Versa Insurance Cost?

I can’t think of a single person who cherishes buying insurance, especially knowing the price is too high. Having so many online and local companies to choose from, it’s difficult to pick the lowest price company.

It’s important to take a look at other company’s rates once or twice a year because insurance rates change quite often. Despite the fact that you may have had the best deal for Versa coverage on your last policy a different company probably has better rates today. So block out anything you think you know about insurance because it’s time to teach you the best way to lower your annual insurance bill.

Finding affordable coverage is easy if you know what you’re doing. If you are insured now or need new coverage, you can learn to find the best rates while maximizing coverage. Drivers just need to understand the proper methods to shop over the internet.

Why your Nissan Versa insurance rates may be high

An important part of buying insurance is that you know the rating factors that play a part in calculating the price you pay for car insurance. Having a good understanding of what determines base rates allows you to make educated decisions that may reward you with better car insurance rates.

  • Pleasure use saves money – The more miles you rack up on your Nissan in a year the more you will pay for car insurance. Most companies apply a rate based upon how you use the vehicle. Vehicles used primarily for pleasure use get more affordable rates than vehicles that are driven to work every day. Improper usage on your Versa can cost quite a bit. Double check that your car insurance policy shows how each vehicle is driven.
  • Poor driving leads to higher costs – Drivers with clean records tend to pay less for car insurance than people who have multiple driving citations. Only having one speeding ticket may increase your cost by as much as thirty percent. Drivers who get severe violations such as hit and run, DWI or reckless driving convictions may be required to file a SR-22 to the state department of motor vehicles in order to drive a vehicle legally.
  • Add-on coverages can add up – There are many add-on coverages that you can buy on your car insurance policy. Coverages like rental car reimbursement, towing coverage and term life insurance may be wasting your money. These coverages may sound good when talking to your agent, but if they’re wasting money get rid of them and save.
  • Rates may be higher depending on your occupation – Did you know your car insurance rates can be affected by your occupation? Occupations such as doctors, architects and stock brokers tend to have the highest rates due to stressful work requirements and long work days. On the other hand, jobs such as pilots, students and homemakers receive lower rates for Versa coverage.
  • Big city or small town – Being located in less populated areas can be a good thing when talking about car insurance. Drivers in populated areas have to deal with much more traffic and longer commute times. Fewer drivers means fewer accidents and a lower car theft rate.
  • Never allow your policy to lapse – Driving with no insurance is against the law and your next policy will cost more because you let your insurance lapse. Not only will you pay more, failure to provide proof of insurance will get you a revoked license or a big fine.

More discounts equal less premium

Companies that sell car insurance don’t always publicize all their discounts very well, so we researched some of the best known and the harder-to-find car insurance savings. If you don’t get every credit available, you’re paying more than you need to.

  • Low Mileage – Low mileage vehicles could be rewarded with lower rates on the low mileage vehicles.
  • Multiple Vehicles – Having multiple vehicles with the same company may reduce the rate for each vehicle.
  • Drive Safe and Save – Drivers who avoid accidents may save up to 50% more for Versa coverage than drivers with accidents.
  • Sign Early and Save – A few companies offer discounts for switching to them prior to your current policy expiration. It can save you around 10%.
  • Driver’s Ed – Make teen driver coverage more affordable by requiring them to complete a driver education course if offered at their school.
  • Seat Belts Save – Buckling up and requiring all passengers to wear their seat belts could cut 10% or more off your PIP or medical payments premium.
  • Discount for New Cars – Insuring a new car can save up to 30% compared to insuring an older model.

As a disclaimer on discounts, some of the credits will not apply to the overall cost of the policy. Most cut individual premiums such as medical payments or collision. So despite the fact that it appears all those discounts means the company will pay you, it just doesn’t work that way.

Car insurance companies that may offer some of the above discounts include:

Double check with all companies you are considering which discounts you may be entitled to. Savings may not apply in every state.

Can you really save that much by switching?

Consumers get pounded daily by advertisements for cheaper car insurance from companies such as 21st Century, Allstate and State Farm. They all have a common claim about savings if you switch your policy.

How does each company make the same claim?

All companies are able to cherry pick for the right customer that makes them money. A good example of a profitable customer could be between 30 and 50, has no prior claims, and drives less than 10,000 miles a year. A customer who meets those qualifications is entitled to the best price and most likely will save quite a bit of money when switching.

Potential customers who are not a match for the requirements will have to pay higher premiums which leads to the driver buying from a lower-cost company. The ads state “customers that switch” not “everyone that quotes” save money. This is how insurance companies can confidently advertise the savings. Because of the profiling, it is so important to get a wide range of price quotes. It’s just too difficult to predict which company will give you the biggest savings on Nissan Versa insurance.

It’s not one size fits all

When it comes to choosing the best car insurance coverage for your personal vehicles, there is no perfect coverage plan. Every insured’s situation is different and a cookie cutter policy won’t apply. For example, these questions may help highlight whether or not you might need an agent’s assistance.

  • Am I covered by my spouse’s policy after a separation?
  • Does liability extend to a camper or trailer?
  • Which companies will insure high-risk drivers?
  • How many claims can I have before being cancelled?
  • Does coverage extend to a rental car in a foreign country?
  • What if I owe more than I can insure my car for?

If you can’t answer these questions but a few of them apply, you might consider talking to an agent. To find an agent in your area, fill out this quick form or click here for a list of car insurance companies in your area. It only takes a few minutes and can help protect your family.

The coverage is in the details

Understanding the coverages of your policy can help you determine the best coverages and the correct deductibles and limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. Below you’ll find the normal coverages found on most insurance policies.

Liability insurance – Liability coverage protects you from damage that occurs to other people or property that is your fault. It protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability insurance covers things like funeral expenses, pain and suffering and attorney fees. How much liability coverage do you need? That is a decision to put some thought into, but buy higher limits if possible.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses such as doctor visits, surgery, rehabilitation expenses and funeral costs. They can be used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. It covers all vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not available in all states and may carry a deductible

Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your Nissan Versa.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Collision coverages – Collision coverage pays for damage to your Versa resulting from a collision with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for things like sustaining damage from a pot hole, hitting a parking meter and driving through your garage door. Collision is rather expensive coverage, so consider dropping it from older vehicles. Another option is to bump up the deductible to bring the cost down.

Comprehensive coverage – Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like vandalism, hail damage, falling objects and damage from getting keyed. The most your insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

In Summary

Budget-conscious 2009 Nissan Versa insurance is definitely available online as well as from independent agents, so you should be comparing quotes from both to get a complete price analysis. Some insurance providers don’t offer online quoting and these small, regional companies work with independent agents.

As you prepare to switch companies, don’t be tempted to buy lower coverage limits just to save a few bucks. There have been many cases where consumers will sacrifice liability limits or collision coverage only to regret at claim time that they should have had better coverage. Your goal should be to purchase a proper amount of coverage at the best price.

For more information, link through to the following helpful articles: