Paying for pricey Nissan Versa insurance can empty your family’s budget, especially in this economy. Shopping your coverage around is free and is an excellent way to tighten up your finances.
Having so many insurance providers from which to choose, it can be challenging to choose a lower cost auto insurance provider.
There are several ways to compare auto insurance quotes, but some are less labor-intensive and much quicker. You can spend your afternoon talking to insurance agencies in San Antonio, or you could use the internet to maximize your effort.
Many companies enroll in a system that enables customers to submit their information once, and at least one company then returns a price quote for coverage. This saves time by eliminating form submissions to each company. To access this free quoting program, click here to open in new window.
One minor caviat to doing it this way is you are unable to specify which providers to get quotes from. So if you prefer to pick specific providers to compare, we have assembled a list of the cheapest auto insurance companies in Texas. Click here for list of insurance companies in Texas.
Whichever method you choose, compare apples-to-apples information for each quote you get. If the quotes have mixed coverages it’s not possible to determine which rate is truly the best in San Antonio. Just a small difference in insurance coverages or limits could mean much higher rates. And when price shopping your coverage, comparing a large number of companies will improve the odds of getting more affordable insurance. Some companies don’t provide online price quotes, so it’s important to also get rates from the smaller companies as well.
What Determines Nissan Versa Insurance Costs?
Lots of factors are taken into consideration when you get a price on insurance. Some are pretty understandable like an MVR report, although others are not as apparent such as whether you are married and annual miles driven. An important part of buying insurance is that you know a few of the rating criteria that play a part in calculating your policy premiums. If you have a feel for what positively or negatively impacts your premiums, this enables you to make decisions that can earn you cheaper rates.
The items below are some of the things used by insurance companies to determine prices.
- Performance impacts costs – The make and model of the car or truck you are insuring makes a huge difference in how high your rates are. The cheapest rates are usually for low performance passenger cars, but that’s not the only thing that factors into the final price. Due to the fact that the Nissan Versa is a subcompact, rates will be about the same or even less than the average rate where you live in San Antonio.
- You might pay higher costs if you are single – Having a spouse may save some money on your auto insurance bill. Having a significant other usually means you are more mature and insurance companies like that married drivers tend to have fewer serious accidents.
- Advanced GPS tracking and theft deterrents – Selecting a car model that has a built-in theft deterrent system can help lower your premiums. Advanced theft deterrents like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can help prevent your vehicle from being stolen.
- Drive less and save – The more you drive each year the higher the price you pay to insure it. Most insurance companies price each vehicle’s coverage based upon how you use the vehicle. Vehicles that sit idle most of the time can get a lower rate than vehicles that have high annual mileage. Having an incorrect usage rating on your Versa can cost quite a bit. Ask your agent if your auto insurance declarations sheet states the correct usage.
- Poor credit rating equals high costs – Having a bad credit score is a large factor in determining your rates. Consumers who have good credit tend to be better risks to insure than those with worse credit. If your credit history could use some work, you could potentially save money when insuring your Nissan Versa by repairing your credit.
- Your liability coverage limits – The liability coverage on your policy will afford coverage in the event that a jury decides you are liable for personal injury or accident damage. Liability insurance provides legal defense up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so buy as much as you can afford.
- Bundle policies and save – The majority of insurers afford better rates for people that have more than one policy in the form of a multi-policy discount. The discount can be ten or even fifteen percent. If you currently are using one company, you still need to compare other insurance prices to confirm you are receiving the best rates possible.There is a good possibility that you can save money by splitting coverages up.
Get cheap Texas auto insurance quotes with discounts
Auto insurance is not inexpensive, but you may qualify for discounts to reduce the price significantly. A few discounts will automatically apply at the time you complete a quote, but some discounts are required to be asked about in order for you to get them.
- Save with a New Car – Adding a new car to your policy is cheaper because newer vehicles are generally safer.
- Payment Discounts – By paying your policy upfront as opposed to paying monthly you could save 5% or more.
- Clubs and Organizations – Being a member of a qualifying organization could trigger savings on your next renewal.
- Discounts for Government Workers – Having worked for a branch of the government may qualify for a discount when you for Versa coverage with a few auto insurance companies.
- Drivers Education – Have your child enroll in driver’s education in school.
- Discount for Low Mileage – Maintaining low annual mileage could earn lower premium rates due to less chance of an accident.
- Include Life Insurance and Save – Insurance carriers who offer life insurance give a lower premium rate if you buy some life insurance too.
- No Claim Discounts – Good drivers with no accidents are rewarded with significantly better rates on as compared to insureds who have frequent claims or accidents.
- Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and therefore earn up to a 10% discount.
- Anti-lock Brakes – Vehicles that have anti-lock braking systems can reduce accidents and the ABS can save up to 10%.
As a sidenote, many deductions do not apply to the entire policy premium. Most only apply to the price of certain insurance coverages like collision or personal injury protection. Even though the math looks like all those discounts means the company will pay you, you won’t be that lucky.
Popular auto insurance companies and some of their more popular discounts are included below.
- Progressive may have discounts that include online quote discount, multi-vehicle, multi-policy, good student, and online signing.
- GEICO has savings for multi-vehicle, anti-theft, membership and employees, air bags, daytime running lights, seat belt use, and emergency military deployment.
- State Farm includes discounts for multiple policy, anti-theft, accident-free, student away at school, good student, defensive driving training, and Drive Safe & Save.
- Esurance may include discounts for good driver, homeowner, DriveSense, defensive driver, and claim free.
- The Hartford may offer discounts for good student, vehicle fuel type, driver training, anti-theft, bundle, defensive driver, and air bag.
When quoting, ask all the companies how many discounts you can get. Some credits may not apply to policyholders in your state. To choose providers with discount auto insurance rates in San Antonio, click here to view.
Compare rate quotes but buy from a local neighborhood San Antonio car insurance agent
Certain consumers still prefer to talk to an insurance agent and that is just fine! An additional benefit of getting free rate quotes online is the fact that you can find cheap auto insurance rates and also buy local.
After completing this quick form, the coverage information is sent to local insurance agents who will return price quotes for your auto insurance coverage. It’s much easier because you don’t need to contact an agency because prices are sent directly to you. You can find the lowest rates and a licensed agent to talk to. If you have a need to get a rate quote from a specific insurance company, feel free to navigate to their website and give them your coverage information.
Choosing the best insurance company shouldn’t rely on just a low price. Here are some questions to ask:
- Are they involved in claim handling?
- Is there a 24/7 contact number?
- If you raise deductibles, how much can you save?
- In the event of vehicle damage, can you pick the collision repair facility?
- If they are an independent agency, which companies do they recommend?
- Do you have coverage for a rental car if your vehicle is in the repair shop?
- Is the agent CPCU or CIC certified?
- Are they primarily personal or commercial lines agents?
When narrowing the list to find an insurance agent, you should know the types of agencies and how they function. Agencies in San Antonio are considered either independent (non-captive) or captive.
Captive Auto Insurance Agencies
These agents are contracted to one company like State Farm or Allstate. These agents are not able to provide prices from multiple companies so they have to upsell other benefits. Captive agencies are very knowledgeable on their products and sales techniques which helps them sell on service rather than price.
Independent Auto Insurance Agents
These agents do not write with just one company and that enables them to quote your coverage with an assortment of companies and find the cheapest auto insurance rates. If you want to switch companies, the agent simply finds a different carrier and you don’t have to switch agencies.
When comparing auto insurance rates, you absolutely need to compare quotes from several independent agencies in order to have the best price comparison.
Quote more, save more
We just covered quite a bit of information on how to shop for Nissan Versa insurance online. The key concept to understand is the more times you quote, the better your chances of lowering your premium rates. You may even discover the lowest priced auto insurance comes from a small local company. Some small companies can often provide lower premium rates in certain areas than their larger competitors like GEICO and State Farm.
When you , it’s a bad idea to sacrifice coverage to reduce premiums. Too many times, an insured cut liability limits or collision coverage and learned later that it was a big error on their part. The ultimate goal is to buy the best coverage you can find at the lowest possible cost, but don’t skip important coverages to save money.
Cheap Nissan Versa insurance can be found both online as well as from insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. There are still a few companies who do not provide internet price quotes and usually these regional insurance providers only sell coverage through local independent agents.
Even more information is located at the Texas Department of Insurance website. Visitors are able to read enforcement actions against agents and companies, read state legal mandates and laws, and find a variety of consumer forms.
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