Cheap 2016 Nissan Versa Car Insurance Cost

Trying to come up with a payment for expensive insurance can drain your savings and force you to tighten up your finances. Many insurers vie for your hard-earned dollar, so it can be very hard to choose a company and get the best coverage at the lowest cost out there.

It is always a good idea to do price comparisons on a regular basis because rates are variable and change quite frequently. If you had the lowest premium rates for Versa coverage a few years ago you can probably find a lower rate today. Block out anything you think you know about insurance because it’s time to teach you the proper way to lower your annual insurance bill.

If you have insurance now or are shopping for new coverage, you can use these techniques to get lower rates while maintaining coverages. Buying car insurance is not that difficult. Drivers just need to learn the tricks to shop for insurance coverage over the internet.

Lower insurance rates with these tips

Lots of factors are part of the equation when you get a price on insurance. Some are obvious such as traffic violations, although some other factors are more obscure such as your credit history or your financial responsibility.An important part of buying insurance is that you know some of the factors that play a part in calculating insurance coverage rates. When you understand what determines base rates, this allows you to make educated decisions that can earn you cheaper rates.

The factors shown below are a few of the things insurance coverage companies consider when setting your prices.

  • Annual mileage impacts costs – The more you drive each year the higher your rate. Most companies calculate rates based on their usage. Autos that have low annual miles get more affordable rates as compared to vehicles used primarily for driving to work. Improper usage on your Versa can result in significantly higher rates. Verify your policy states the right rating data.
  • Having a spouse brings a discount – Having a spouse helps lower the price compared to being single. It is viewed as being more mature it has been statistically shown that married drivers get in fewer accidents.
  • Can a thief steal your car? – Owning a car that has a built-in theft deterrent system can get you a discount on your insurance coverage. Anti-theft devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder your vehicle from being stolen.
  • Pay more of a claim out-of-pocket – Your deductibles are how much you are willing to pay out-of-pocket before your insurance coverage pays a claim. Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Some coverage claims are collision with another vehicle, damage caused by hail, and damage from wind. The more money you’re willing to pay, the less your insurance coverage will be for Versa coverage.
  • Excellent credit saves on insurance coverage – A driver’s credit history can be an important factor in calculating your premium rate. If your credit rating leaves room for improvement, you could pay less to insure your 2016 Nissan Versa by improving your credit score. Insureds with very high credit ratings tend to be better risks to insure as compared to drivers with bad credit.

First Step: Get free auto insurance quotes

There are multiple methods to shop for auto insurance, but there is one way that is easier and takes less work. You can waste a lot of time driving to agents in your area, or you could use online quotes to maximize your effort.

All the larger companies take part in a program where prospective buyers submit their information once, and every company returns a competitive quote for coverage. This saves time by eliminating form submissions to every company.

To participate in this free quote system, click here (opens in new window).

The only downside to getting quotes like this is that you can’t choose the insurers to receive prices from. If you would rather choose specific insurance companies to compare rates, we put together a list of companies who write auto insurance in your area. Click here to view list.

How you compare quotes is your choice, just make sure you compare equivalent quote data for each price quote. If each company quotes higher or lower deductibles it’s not possible to make a fair rate comparison.

Get affordable insurance with discounts

Insuring your fleet can be pricey, but you may qualify for discounts that you may not even know about. Some discounts apply automatically at the time of purchase, but some may not be applied and must be inquired about before you get the savings.

  • Student Discount for Driver Training – Require your teen driver to enroll and complete driver’s education as it can save substantially.
  • Passive Restraints and Air Bags – Vehicles with factory air bags or automatic seat belts could see savings of more than 20%.
  • Military Discounts – Having a family member in the military could trigger a small discount.
  • Club Memberships – Affiliation with a civic or occupational organization could qualify you for a break on your next insurance statement.
  • Accident Forgiveness – This one isn’t a discount, but companies like Allstate and Geico allow you one accident before they charge you more for coverage with the catch being you have to be claim-free prior to being involved in the accident.
  • No Claim Discounts – Good drivers with no accidents can earn big discounts when compared with policyholders that have many claims.
  • Data Collection Discounts – Policyholders that allow their insurance company to spy on driving habits by using a telematics device in their vehicle such as Allstate’s Drivewise and State Farm’s In-Drive system may get a rate reduction if they are good drivers.
  • Theft Deterent Discount – Cars optioned with advanced anti-theft systems are stolen with less frequency and therefore earn up to a 10% discount.
  • Bundle and Save – If you insure your home and vehicles and place coverage with the same company you could earn a discount of over 10 percent off each policy depending on the company.

Consumers should know that most discounts do not apply to your bottom line cost. Most cut specific coverage prices like collision or personal injury protection. So when the math indicates all those discounts means the company will pay you, insurance companies wouldn’t stay in business.

Large insurance companies and their offered discounts are shown below.

  • Geico offers discounts including driver training, defensive driver, daytime running lights, seat belt use, emergency military deployment, multi-policy, and five-year accident-free.
  • Travelers offers premium reductions for home ownership, driver training, multi-policy, payment discounts, and student away at school.
  • Farm Bureau discounts include safe driver, 55 and retired, driver training, multi-vehicle, good student, multi-policy, and renewal discount.
  • Liberty Mutual offers discounts for safety features, new move discount, newly retired, good student, multi-policy, hybrid vehicle, and exclusive group savings.
  • American Family has discounts for accident-free, early bird, good driver, Steer into Savings, TimeAway discount, and defensive driver.
  • Progressive has savings for good student, continuous coverage, homeowner, online signing, multi-policy, multi-vehicle, and online quote discount.

Before you buy a policy, ask all the companies the best way to save money. Some discounts might not be offered in your state. To find insurers who offer insurance discounts, follow this link.

Tailor your insurance coverage coverage to you

When buying coverage, there really is not a perfect coverage plan. Every situation is different and your policy should reflect that. Here are some questions about coverages that may help highlight whether you would benefit from professional advice.

  • At what point should I drop full coverage?
  • Do I need higher collision deductibles?
  • When can my company non-renew my policy?
  • Is rental equipment covered for theft or damage?
  • Is my dog or cat covered if injured in an accident?
  • Does my policy cover my teen driver if they drive my company car?
  • Is a blown tire covered by insurance?

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 an agent. If you want to speak to an agent in your area, complete this form or click here for a list of insurance coverage companies in your area. It’s fast, free and can help protect your family.

Insurance coverage considerations

Understanding the coverages of a insurance policy aids in choosing the right coverages for your vehicles. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. Shown next are typical coverage types available from insurance companies.

Medical expense coverage

Med pay and PIP coverage pay for short-term medical expenses for dental work, hospital visits and doctor visits. They can be utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants as well as being hit by a car walking across the street. PIP is not available in all states but can be used in place of medical payments coverage

Uninsured or underinsured coverage

This protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your 2016 Nissan Versa.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea.

Liability

This provides protection from damages or injuries you inflict on a person or their property that is your fault. It protects YOU from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

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 which stand for a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for things such as repair costs for stationary objects, repair bills for other people’s vehicles, pain and suffering, legal defense fees and medical services. How much liability should you purchase? That is a decision to put some thought into, but you should buy as large an amount as possible.

Collision protection

This will pay to fix damage to your Versa from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims such as sustaining damage from a pot hole, backing into a parked car, rolling your car and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Comprehensive protection

This will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like hail damage, vandalism, a broken windshield and fire damage. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

At the end of the day…

Cheap 2016 Nissan Versa insurance can be purchased online as well as from insurance agents, and you need to price shop both so you have a total pricing picture. There are still a few companies who may not offer online rate quotes and many times these small, regional companies work with independent agents.

We covered a lot of information how to shop for 2016 Nissan Versa insurance online. The key thing to remember is the more price quotes you have, the better likelihood of getting low cost insurance coverage. Consumers could even find that the lowest prices come from a small mutual company. Smaller companies often have lower rates on specific markets as compared to the big name companies such as Allstate or State Farm.

When trying to cut insurance costs, do not sacrifice coverage to reduce premiums. There are too many instances where an insured dropped liability limits or collision coverage and discovered at claim time that the savings was not a smart move. Your strategy should be to purchase plenty of coverage for the lowest price.

Additional detailed information can be found in the articles below:

Comments About 2016 Nissan Versa Insurance

  1. Lupe Ward

    I switched to Progressive. Quoted good rates in Gulfport, Mississippi. Good savings if you bundle.

  2. Paola Pollard

    In Fort Smith, AR compare State Farm with Progressive and see which is best.

  3. Marcelle Osborn

    Does 21st Century offer good discounts?

  4. Laurine Petty

    In Newark, NJ, State Farm is a good choice. Hopefully won’t need it.

  5. Stan Clements

    Nice post. I live just outside Bridgeport, Connecticut. I don’t recall every quote but I ended up saving about $30 each month. A clean driving record helps. They were helpful in switching over.

  6. Jonathan Nieves

    Lifelong resident of Charleston, West Virginia. Quoted with Mercury, Farmers, Allstate, and Auto-Owners for my 2016 Nissan Versa and saved just over $570 a year. Might find lower rates online.

  7. Jude Munoz

    I got decent rates for a 2016 Nissan Versa in Gaithersburg, MD. Ended up at roughly $330 every six months with Amica.

  8. Barney Nicholson

    From Tacoma, WA. Quoted prices online for a 2016 Nissan Versa. Ended up at about $250 savings annually. Went with GEICO. You can get a rate quote online.

  9. Mammie Cooke

    If you’re a decent driver and live around Dallas, TX, check out GEICO. You might get cheaper rates. I get lower rates because of my clean driving record. Not sure about claim service.

  10. Joselyn Finley

    Cheap is relative. I’m in the suburbs of Paterson, NJ. I quoted with 21st Century, Erie, and GMAC for my 2016 Nissan Versa and I’m now saving $32 a month. Insured with Western Auto Insurance before.

  11. Dorethea Cortez

    Thanks for putting this site together. I’m in Parkersburg, WV. Got rates from Progressive, Eastwood, and Liberty Mutual for my 2016 Nissan Versa and saved $116 a year. Moved home policy as well.

  12. Darryl Blackwell

    $100 to anyone who understands their policy.

  13. Flo Morrison

    All companies are crooks. Proud to be from Phoenix, AZ. Quoted prices from State Farm, AAA, and Farmers for my Nissan and I’m now saving $45 a month. I have a couple other vehicles on the policy.