How Much Does 1994 Nissan Maxima Car Insurance Cost?

Looking for the cheapest insurance rates for your Nissan Maxima? Are you sick and tired of not being able to afford to pay high insurance rates every month? You are in the same boat as many other drivers.

There are many auto insurance companies to insure vehicles with, and even though it’s nice to have a choice, so many choices can make it hard to find the best rates for your vehicles.

Use discounts on insurance

Insurance can be pricey, but there may be some discounts that you may not even know about. Most are applied when you complete an application, but some must be specially asked for prior to receiving the credit.

Senior Discount – Drivers over the age of 55 may be able to get a small decrease in premiums for Maxima coverage.
Distant Student Discount – Kids who are enrolled in higher education away from home and leave their car at home can be insured at a reduced rate.
Telematics Data – Insureds who allow companies to look at driving habits through the use of a telematics system such as State Farm’s In-Drive might get better premium rates if they have good driving habits.
Buy New and Save – Insuring a vehicle that is new can save up to 30% due to better safety requirements for new vehicles.
Low Mileage – Keeping the miles down on your Nissan could qualify for discounted insurancerates on garaged vehicles.

Consumers should know that some of the credits will not apply to the overall cost of the policy. Some only reduce specific coverage prices like comp or med pay. Just because you may think all those discounts means the company will pay you, companies don’t profit that way.

A few of the larger companies and some of the premium reductions they offer include:

The Hartford offers discounts for driver training, defensive driver, air bag, anti-theft, good student, vehicle fuel type, and bundle.
American Family has savings for accident-free, defensive driver, mySafetyValet, good driver, early bird, and bundled insurance.
Progressive includes discounts for homeowner, online signing, multi-vehicle, multi-policy, online quote discount, continuous coverage, and good student.
Travelers may have discounts that include home ownership, good student, multi-car, payment discounts, multi-policy, and new car.
Farmers Insurance may include discounts for good student, youthful driver, pay in full, bundle discounts, mature driver, and electronic funds transfer.
USAA offers premium reductions for defensive driver, multi-vehicle, safe driver, family discount, military installation, multi-policy, and vehicle storage.
Liberty Mutual has discounts for hybrid vehicle, exclusive group savings, new vehicle discount, good student, teen driver discount, and safety features.

Before purchasing a policy, check with each company the best way to save money. Some discounts listed above may not apply to policyholders everywhere.

Tailor your insurance coverage coverage to you

When buying the best insurance coverage coverage for your personal vehicles, there is no cookie cutter policy. Coverage needs to be tailored to your specific needs and your policy should reflect that. For example, these questions may help you determine whether or not you could use an agent’s help.

Is upholstery damage covered by car insurance?
Will my insurance pay for OEM parts?
Can I get a multi-policy discount?
Am I covered by my employer’s commercial auto policy when driving my personal car for business?
What happens if I owe more than my 1994 Nissan Maxima is worth?
Do I need added coverage for expensive stereo equipment?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area.

The coverage is in the details

Having a good grasp of your policy helps when choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be confusing and coverage can change by endorsement. These are typical coverage types found on most insurance policies.

Auto collision coverage

Collision insurance pays for damage to your Maxima resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things like driving through your garage door, damaging your car on a curb, crashing into a building and crashing into a ditch. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to choose a higher deductible to save money on collision insurance.

Medical expense insurance

Coverage for medical payments and/or PIP kick in for immediate expenses for things like prosthetic devices, rehabilitation expenses and X-ray expenses. The coverages can be used to fill the gap from your health insurance program or if there is no health insurance coverage. They cover you and your occupants as well as if you are hit as a while walking down the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive (Other than Collision)

This covers 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 like hitting a deer, damage from a tornado or hurricane and falling objects. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either have no liability insurance or not enough. It can pay for hospital bills for your injuries and damage to your Nissan Maxima.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.

Liability coverages

This protects you from damage or injury you incur to people or other property that is your fault. This coverage protects you against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 50/100/50 that means you have $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability can pay for things like medical expenses, pain and suffering, attorney fees and court costs. How much liability should you purchase? That is a personal decision, but buy higher limits if possible.

Save your hard earned cash

When searching for low cost auto insurance quotes, it’s very important that you do not reduce coverage to reduce premium. In too many instances, an accident victim reduced full coverage and learned later that it was a big error on their part. The proper strategy is to find the BEST coverage for the lowest cost while still protecting your assets.

We covered a lot of ways to lower your 1994 Nissan Maxima insurance premium rates. It’s most important to understand that the more price quotes you have, the better likelihood of getting the cheapest auto insurance. Consumers may even find the best price on car insurance is with the least-expected company. These companies may only write in your state and offer lower prices than the large multi-state companies such as State Farm, Geico and Nationwide.