Save on 2008 Nissan Maxima Insurance Cost

Having to pay for high-priced car insurance can diminish your monthly budget and make it hard to pay other bills. Doing a rate analysis is free and is an excellent way to ensure you are getting the best deal.

Big-name insurance companies like State Farm, Allstate, Geico and Progressive increase brand awareness with fancy advertisements and it is challenging if not impossible to see through the deception and effectively compare rates to find the best deal.

You should make it a habit to shop coverage around yearly because prices are usually higher with each renewal. Even if you got the best deal on Maxima coverage two years ago a different company probably has better rate quotes today. Ignore everything you know about car insurance because I’m going to teach you the right way to find lower rates on car insurance.

Learn how to lower your insurance rates

Lots of things are considered when quoting car insurance. A few of the factors are predictable like a motor vehicle report, but others are less apparent such as your marital status or how safe your car is.

The factors shown below are some of the things companies use to determine premiums.

• Raise your physical damage deductibles for better prices – Physical damage coverage, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your Nissan. Some instances where coverage would apply are colliding with a building, damage caused by hail, and rolling your vehicle. Your deductibles represent how much money you are required to spend out-of-pocket if a claim is determined to be covered. The larger the amount you have to pay, the lower your rates will be on Maxima coverage.
• Gals pay lower prices – Over the last 30 years, statistics show women tend to be less risk to insure than men. However, don’t assume that women are better drivers. They both are responsible for auto accidents at a similar rate, but the males cause more damage and cost insurance companies more money. Not only are claims higher, but men get ticketed for serious violations such as reckless driving.
• Small claims can cost you – Companies generally give discounts to people who do not rely on their insurance for small claims. If you tend to file frequent claims, you can look forward to much higher rates or policy non-renewal. Your insurance policy is designed for claims that you cannot pay yourself.
• Put fewer miles on your vehicle – The higher the miles on your Nissan annually the more you will pay for auto insurance. Most companies apply a rate partially by how you use the vehicle. Autos that sit idle most of the time can get a lower rate than those that get driven frequently. Make sure your auto insurance policy shows annual mileage. A policy that improperly rates your Maxima may be wasting your money.
• Avoid auto insurance lapses – Allowing your auto insurance policy to lapse is a guaranteed way to increase your auto insurance rates. In addition to paying higher premiums, failure to provide proof of insurance can result in a revoked license or a big fine. You may need to prove you have insurance by filing a SR-22 with your state motor vehicle department.
• Pay less after the wedding – Having a spouse may earn you lower rates on your policy. It generally demonstrates drivers are more stable financially it has been statistically shown that married drivers tend to file fewer claims.
• Liability insurance is cheap – Liability coverage will provide protection when you are found to be at fault for causing personal injury or damage in an accident. Liability insurance provides you with a defense in court which can be incredibly expensive. It is affordable coverage compared to other policy coverages, so insureds should have plenty of protection for their assets.

Get cheaper insurance quotes with discounts

Insurance is expensive, but there’s a good chance there are discounts that could help you make your next renewal payment. Many of these discounts will be applied automatically at quote time, but lesser-known reductions have to be specially asked for before you get the savings.

• Employee of Federal Government – Federal government employees could cut as much as 10% off on Maxima coverage with some insurance companies.
• Discount for Swiching Early – A few companies allow discounts for renewing your policy before your current coverage expires. It could save around 10% when you buy auto insurance online.
• Multiple Policy Discount – If you can combine your home and auto policy and place coverage with the same company you could earn a discount of at least 10 to 15 percent or more.
• Accident Forgiveness – This isn’t a discount exactly, but a handful of insurance companies will allow you to have one accident before hitting you with a surcharge if you have no claims before the accident.
• Braking Control Discount – Cars with anti-lock braking systems are much safer to drive and earn discounts up to 10%.
• Drive Less and Save – Low mileage vehicles may enable drivers to earn slightly better premium rates than normal.

As a footnote on discounts, some credits don’t apply to the entire policy premium. A few only apply to the cost of specific coverages such as comprehensive or collision. Despite the fact that it seems like it’s possible to get free car insurance, you aren’t that lucky.

If you would like to see a list of companies with the best insurance discounts, click here to view.

Tailor your car insurance coverage to you

When buying coverage for your vehicles, there is no cookie cutter policy. Everyone’s needs are different and a cookie cutter policy won’t apply. These are some specific questions may help highlight whether your personal situation will benefit from professional help.

• Will I lose any money if I cancel my policy before it expires?
• Am I covered if my car is in a flood?
• Will my vehicle be repaired with OEM or aftermarket parts?
• What is an SR-22 filing?
• Are my tools covered if they get stolen from my vehicle?
• If my pet gets injured in an accident are they covered?

If you’re not sure about those questions but you know they apply to you, you may need to chat with an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies.

Learn about insurance coverages for a Nissan Maxima

Learning about specific coverages of a insurance policy helps when choosing the best coverages and proper limits and deductibles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. These are the normal coverages available from insurance companies.

Auto liability – Liability insurance provides protection from injuries or damage you cause to other’s property or people by causing an accident. This insurance protects YOU against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against things like bail bonds, repair costs for stationary objects, repair bills for other people’s vehicles, medical services and pain and suffering. How much coverage you buy is your choice, but buy as high a limit as you can afford.

Comprehensive protection – Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as theft, rock chips in glass and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Collision coverages – This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision insurance covers things such as colliding with a tree, rolling your car and hitting a mailbox. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Medical expense coverage – Coverage for medical payments and/or PIP kick in for bills like EMT expenses, prosthetic devices, pain medications and hospital visits. The coverages can be used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. They cover all vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Nissan Maxima.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Normally these limits are set the same as your liablity limits.

One last thing

As you restructure your insurance plan, it’s very important that you do not sacrifice coverage to reduce premiums. In many instances, consumers will sacrifice liability coverage limits and found out when filing a claim they didn’t purchase enough coverage. Your strategy should be to get the best coverage possible at an affordable rate.

We just showed you a lot of information how to compare 2008 Nissan Maxima insurance prices online. The most important thing to understand is the more rate comparisons you have, the better likelihood of getting affordable auto insurance. You may even discover the best price on insurance coverage is with a lesser-known regional company. These smaller insurers can often provide lower rates in certain areas as compared to the big name companies such as Allstate and Progressive.

More information can be found at these links:

• What does Personal Injury Protection (PIP) Cover? (Allstate)
• Driving in Bad Weather (Insurance Information Insitute)
• Safety Tips for Teen Drivers (Insurance Information Insitute)
• Crash Avoidance Technologies FAQ (iihs.org)
• Cellphones, Texting and Driving (iihs.org)
• Side Impact Crash Tests (iihs.org)