No one likes paying for car insurance, especially knowing the cost is too high.
Many insurers vie for your hard-earned dollar, so it can be very hard to choose a provider and get the best coverage at the best rate
You need to compare rates at least once a year since prices are adjusted regularly by insurance companies. If you had the best quotes for Altima insurance two years ago you can probably find a better rate now. There are lots of tips to save on car insurance online, but by reading this article, you’re going to learn a bunch of ideas how to save money.
Companies don’t list every policy discount in an easy-to-find place, so the following list contains both well-publicized and the harder-to-find savings tricks you should be using when you buy insurance online.
It’s important to note that some credits don’t apply to your bottom line cost. Most only apply to the price of certain insurance coverages like medical payments or collision. If you do the math and it seems like you would end up receiving a 100% discount, you won’t be that lucky. But any discount will help reduce the amount you have to pay.
A partial list of companies that possibly offer most of these discounts include:
Before buying, ask each company or agent to apply every possible discount. Some of the earlier mentioned discounts may not apply to policyholders in your area. If you would like to view insurance companies offering car insurance discounts, click here.
When looking for the cheapest insurance quotes, there are a couple ways to compare prices from many insurance companies in your state. The easiest way to comparison shop is to jump online and get quotes. This is very easy and can be done in a couple minutes as outlined below.
One of the best ways to compare a lot of rates at once is an all-inclusive rate comparison click here to open form in new window. This easy form prevents you from having to do separate quote forms for every insurance company. In just a few minutes this one form will get you rate comparisons from several companies.
A different way to compare prices is to take the time to go to each company’s website and fill out a new quote form. For sake of this example, we’ll pretend you want rates from Farmers, Liberty Mutual and Progressive. To do that, you would have to navigate to each company’s site and type in your information over and over, which is why first method is reommended.
To view a list of companies in your area, click here.
The last way to find and compare rates is physically going to all the different insurance agencies. Shopping for insurance online reduces the need to sit down with an agent unless your situation requires the trained guidance that only an agent can give. Although, it is possible obtain prices from the web but have a local agent actually write the policy.
The approach you take is up to you, just be certain you are entering identical coverage limits with each company. If you are comparing different data you will not be able to determine which rate is truly the best. Slightly different coverage limits could skew the results. Just remember that comparing all the rates in your area will increase your chances of finding lower pricing.
When buying proper insurance coverage, there really is not a “perfect” insurance plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. Here are some questions about coverages that might point out if your situation could use an agent’s help.
If you can’t answer these questions but you know they apply to you, 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 insurance coverage companies in your area.
Understanding the coverages of a auto insurance policy can be of help when determining which coverages you need and proper limits and deductibles. Auto insurance terms can be ambiguous and reading a policy is terribly boring. These are typical coverages found on the average auto insurance policy.
UM/UIM (Uninsured/Underinsured Motorist) coverage – This gives you protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.
Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.
Collision coverages – Collision insurance covers damage to your Altima from colliding with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage pays for things such as backing into a parked car, damaging your car on a curb, colliding with a tree and crashing into a ditch. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to increase the deductible to get cheaper collision coverage.
Comprehensive auto coverage – This will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive can pay for things like hitting a bird, damage from a tornado or hurricane and hitting a deer. The highest amount a auto insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.
Liability coverage – This coverage protects you from damages or injuries you inflict on people or other property in an accident. This coverage protects you against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.
Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.
Liability can pay for things like legal defense fees, emergency aid and pain and suffering. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.
Medical payments and PIP coverage – Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for EMT expenses, chiropractic care, prosthetic devices, nursing services and hospital visits. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not universally available and may carry a deductible
More affordable auto insurance can be bought both online in addition to local insurance agencies, so you should be comparing quotes from both so you have a total pricing picture. Some companies may not provide online rate quotes and these small, regional companies sell through independent insurance agencies.
We just covered many ways to get a better price on 2018 Nissan Altima insurance. The key thing to remember is the more rate quotes you have, the better your chances of lowering your premium rates. You may even find the biggest savings come from a small local company. Some small companies may often insure only within specific states and give getter rates than their larger competitors like Geico and State Farm.
When trying to cut insurance costs, you should never buy lower coverage limits just to save a few bucks. There have been many cases where someone sacrificed uninsured motorist or liability limits only to find out they didn’t have enough coverage. Your strategy should be to find the BEST coverage at the best cost, but don’t skip important coverages to save money.
For more information, feel free to visit the resources below:
I live in a small town just outside of Rockford, IL. Checked online prices for a 2018 Nissan Altima. Ended up at about $450 savings annually. Went with GEICO. Was with Eastwood.
Cheap car insurance? What’s that? I’m in the suburbs of Kailua, HI. Received prices from American Family, Encompass, and Nationwide for my 2018 Nissan Altima and I’m now saving $40 a month. Insured with Allstate before.