Nissan Versa insurance image courtesy of QuoteInspector.com
Looking for more affordable Nissan Versa insurance in Baltimore? Have you finally had enough of being strong-armed to pay high auto insurance rates every month? You have the same problem as many other Maryland drivers.
It's an obvious assumption that auto insurance companies don't want you shop around. People who shop rates annually will probably switch auto insurance companies because of the high probability of finding a lower rate. A study showed that drivers who compared prices regularly saved about $860 a year compared to drivers who never compared rates.
If finding the best price on Nissan Versa insurance is the reason you're reading this, then having a grasp of how to get free comparison quotes and analyze auto insurance can help make the process easier.
Steps to finding lower priced Nissan Versa insurance in Baltimore
To save the most money, the best way to get low-cost Nissan Versa insurance is to regularly compare prices from different companies who provide auto insurance in Baltimore.
- Step 1: Learn about auto insurance and the factors you can control to prevent expensive coverage. Many things that result in higher prices like accidents, traffic violations, and a poor credit score can be eliminated by being financially responsible and driving safely.
- Step 2: Request rate estimates from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can provide rates from a single company like GEICO and State Farm, while agents who are independent can give you price quotes from multiple sources. View insurance agents
- Step 3: Compare the new rate quotes to your current policy and see if there is a cheaper rate. If you find a lower rate quote and change companies, ensure coverage does not lapse between policies.
- Step 4: Provide notification to your current agent or company of your intent to cancel your existing policy. Submit payment along with a signed and completed policy application to the new company. When you receive it, put the certificate verifying coverage in an easily accessible location in your vehicle.
A good tip to remember is to compare similar limits and deductibles on each quote request and and to get quotes from all possible companies. Doing this enables an accurate price comparison and many rates to choose from.
Due to the fact that there are so many insurance providers from which to choose, it can be challenging to pick a lower cost company.
Locating the most cost-effective insurance policy in Baltimore is not that difficult as long as you know where to start. If you already have coverage or just want to save money, use these money-saving tips to buy cheaper insurance without reducing coverage. Vehicle owners just need to understand the proper methods to shop their coverage around instantly.
Finding a lower price on Nissan Versa insurance isn't really that difficult. You just have to take a few minutes to compare rate quotes to find out which insurance company has affordable Nissan Versa insurance quotes.
It's so fast and easy to compare quotes online that it makes it a waste of time to make phone calls or go to all the different Baltimore insurance agencies. The internet has made agencies unnecessary unless you require the professional advice of a licensed agent. Although you can price shop your coverage online and still use a local agent.
The companies in the list below are our best choices to provide price quotes in Baltimore, MD. In order to find cheap car insurance in Baltimore, we suggest you click on several of them in order to find the cheapest rates.
Protect more than your Nissan Versa
Despite the fact that car insurance is not cheap in Baltimore, buying car insurance may be required for several reasons.
- Most states have mandatory liability insurance requirements which means you are required to carry a specific minimum amount of liability if you drive a vehicle. In Maryland these limits are 30/60/15 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If you have a loan on your Nissan Versa, it's most likely the lender will have a requirement that you carry insurance to guarantee their interest in the vehicle. If you do not pay your insurance premiums, the lender will be forced to insure your Nissan at a more expensive rate and require you to fork over for the much more expensive policy.
- Car insurance protects not only your Nissan Versa but also your financial assets. Insurance will pay for hospital and medical expenses that are the result of an accident. Liability coverage will also pay to defend you if someone files suit against you as the result of an accident. If damage is caused by hail or an accident, comprehensive and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of buying enough insurance more than offset the price you pay, particularly if you ever have a claim. According to a recent study, the average American driver overpays as much as $810 a year so compare quotes from several companies at least once a year to save money.
Analysis of Nissan Versa rates
The coverage information shown next covers a range of coverage prices for Nissan Versa models. Being aware of how rates are determined is important for you to make smart choices when buying a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Versa 1.6 SEDAN | $296 | $518 | $532 | $32 | $160 | $1,538 | $128 |
| Versa 1.8 S Hatchback | $348 | $744 | $532 | $32 | $160 | $1,816 | $151 |
| Versa 1.8 S SEDAN | $348 | $744 | $532 | $32 | $160 | $1,816 | $151 |
| Versa 1.8 SL Hatchback | $398 | $856 | $532 | $32 | $160 | $1,978 | $165 |
| Versa 1.8 SL SEDAN | $398 | $856 | $532 | $32 | $160 | $1,978 | $165 |
| Get Your Own Custom Quote Go | |||||||
Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Maryland minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, claim-free, and homeowner. Premium costs do not factor in vehicle garaging location which can decrease or increase auto insurance rates considerably.
An analysis of deductible level
One of the most common car insurance questions is how high should the physical damage deductibles be. The rates below determine the premium difference when you select higher and lower comp and collision deductibles. The first rate table uses a $250 deductible for comprehensive and collision coverage and the second price grid uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Versa 1.6 SEDAN | $232 | $434 | $406 | $24 | $122 | $1,243 | $104 |
| Versa 1.8 S Hatchback | $274 | $624 | $406 | $24 | $122 | $1,475 | $123 |
| Versa 1.8 S SEDAN | $274 | $624 | $406 | $24 | $122 | $1,475 | $123 |
| Versa 1.8 SL Hatchback | $314 | $718 | $406 | $24 | $122 | $1,609 | $134 |
| Versa 1.8 SL SEDAN | $314 | $718 | $406 | $24 | $122 | $1,609 | $134 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Versa 1.6 SEDAN | $144 | $274 | $406 | $24 | $122 | $970 | $81 |
| Versa 1.8 S Hatchback | $168 | $392 | $406 | $24 | $122 | $1,112 | $93 |
| Versa 1.8 S SEDAN | $168 | $392 | $406 | $24 | $122 | $1,112 | $93 |
| Versa 1.8 SL Hatchback | $194 | $452 | $406 | $24 | $122 | $1,198 | $100 |
| Versa 1.8 SL SEDAN | $194 | $452 | $406 | $24 | $122 | $1,198 | $100 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Maryland minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Prices do not factor in the specific area where the vehicle is garaged which can modify coverage rates significantly.
We can estimate from the data above that using a $250 deductible will cost in the ballpark of $31 more each month or $372 each year across all Nissan Versa models than buying the higher $1,000 deductible. Since you would have to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you usually have at a minimum 24 months between claims, you would come out ahead if you choose the higher deductible.
The illustration below demonstrates how deductibles and can change Nissan Versa insurance rates for different categories of driver ages. The data assumes a single male driver, comprehensive and collision coverage, and no discounts are applied to the premium.
Car insurance rates based on gender
The illustration below illustrates the difference between Nissan Versa car insurance costs for male and female drivers. The price estimates are based on no violations or accidents, comprehensive and collision coverage, $100 deductibles, drivers are single, and no discounts are applied.
Auto insurance discounts help lower rates for Nissan Versa insurance in Baltimore
Insuring your vehicles can cost a lot, but companies offer discounts that could help you make your next renewal payment. A few discounts will be applied at the time of purchase, but some need to be manually applied before you will receive the discount.
- Anti-lock Brakes - Cars, trucks, and SUVs that have steering control and anti-lock brakes can avoid accidents and therefore earn up to a 10% discount.
- Employee of Federal Government - Having worked for a branch of the government may qualify for a discount when you quote Baltimore auto insurance with select insurance companies.
- Distant College Student Discount - Any of your kids who are enrolled in higher education away from home and leave their car at home can receive lower rates.
- Auto/Life Discount - Some auto insurance companies give better auto insurance rates if you take out some life insurance too.
- Policy Bundle Discount - If you have multiple policies and insure them both with the same insurance company they may give you a discount of up to 20% off your total Versa insurance premium.
- Paperless Signup - Some larger companies may give you up to $50 just for signing your application on the web.
- Early Payment Discounts - If paying your policy premium upfront rather than paying in monthly installments you could save up to 5%.
- Safety Restraint Discount - Drivers who require all occupants to buckle their seat belts could cut 10% or more on the premium charged for medical payments and/or PIP.
Don't be surprised that most discount credits are not given to the entire cost. Most only reduce specific coverage prices like medical payments or collision. Just because it seems like all the discounts add up to a free policy, insurance companies wouldn't stay in business. But all discounts will help reduce the amount you have to pay.
The example below illustrates the difference between Nissan Versa annual premium costs with and without discounts applied to the policy rates. The data assumes a male driver, no violations or accidents, Maryland state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, claim-free, multi-car, marriage, and homeowner discounts applied.
A few of the larger companies and a summarized list of policyholder discounts are included below.
- AAA discounts include pay-in-full, education and occupation, AAA membership discount, anti-theft, and good student.
- Progressive may have discounts that include good student, continuous coverage, multi-policy, homeowner, multi-vehicle, online quote discount, and online signing.
- State Farm has savings for multiple policy, driver's education, Drive Safe & Save, Steer Clear safe driver discount, and good driver.
- Esurance may include discounts for Switch & Save, multi-policy, defensive driver, anti-lock brakes, online shopper, renters, and Pac-12 alumni.
- Nationwide policyholders can earn discounts including multi-policy, good student, defensive driving, anti-theft, family plan, and Farm Bureau membership.
When getting free Baltimore auto insurance quotes, it's a good idea to all the companies which discounts you may be entitled to. Discounts might not be available to policyholders in Baltimore. If you would like to see a list of auto insurance companies that can offer you the previously mentioned discounts in Maryland, click here.
Car insurance can be complex
Always remember that when buying your policy for your personal vehicles, there isn't really a single plan that fits everyone. Your financial needs are unique and a cookie cutter policy won't apply.
These are some specific questions might point out whether you might need an agent's assistance.
- Are there companies who specialize in insuring high-risk drivers?
- When does my teenage driver need to be added to my policy?
- Is a blown tire covered by insurance?
- Is business equipment covered while in my vehicle?
- Does my Nissan Versa need full coverage?
- Am I covered if I break a side mirror?
If it's difficult to answer those questions, you may need to chat with an agent. To find lower rates from a local agent, complete this form or click here for a list of car insurance companies in your area. It's fast, free and may give you better protection.