It’s safe to conclude that car insurance companies want to keep you from shopping around. Drivers who compare other prices will probably buy a different policy because the odds are good of finding good coverage at a lower price. Remarkably, a study showed that drivers who compared rates regularly saved over $860 a year compared to people who never shopped for cheaper rates.
If finding the lowest price on car insurance in Chula Vista is the reason you’re reading this, then having a good understanding the best way to compare car insurance can help make the process easier.
The best way we recommend to find discount Nissan Versa insurance is to start comparing prices regularly from insurance carriers who provide car insurance in Chula Vista. This can be done by completing these steps.
- First, read about how companies price auto insurance and the things you can control to prevent expensive coverage. Many risk factors that cause high rates like inattentive driving and a low credit score can be eliminated by improving your driving habits or financial responsibility.
- Second, quote rates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only quote rates from a single company like GEICO or Allstate, while independent agencies can provide rate quotes from multiple insurance companies. Compare rates
- Third, compare the price quotes to the price on your current policy and determine if cheaper Versa coverage is available. If you can save money, make sure there is no coverage gap between policies.
- Fourth, tell your current company to cancel your current policy and submit the application along with any required down payment to your new company or agent. Once the paperwork is finalized, keep your new certificate verifying proof of insurance in your vehicle.
A good tip to remember is to try to use similar limits and deductibles on every quote and and to get prices from as many different companies as possible. This provides a level playing field and the best price quote selection.
Locating the most cost-effective insurance policy in Chula Vista is quite easy. In essence, every driver who carries insurance will most likely find a lower price. Although California drivers benefit from understanding how big insurance companies calculate your policy premium and use this information to your advantage.
To find the best insurance rates, there are several ways of comparing rates from many different California insurance companies. By far the easiest way to comparison shop is to jump online and get quotes.
Comparing free price quotes online is easy and it, takes the place of having to drive to and from local Chula Vista insurance agencies. Quoting Nissan Versa insurance online makes this process obsolete unless you want the extra assistance of a local Chula Vista agent. It is possible with some companies find lower rates online and have a local agent actually service the policy.
When comparison shopping, getting more free quotes will increase your chances of finding the best offered rates. Some companies don’t provide Chula Vista Versa insurance quotes over the internet, so you also need to get price quotes from the smaller companies as well.
The companies in the list below can provide price comparisons in California. To find cheap car insurance in Chula Vista, we suggest you click on several of them to get the best price comparison.
The coverage table displayed next showcases a range of insurance costs for Nissan Versa models. Being more informed about how rates are formulated can help you make informed purchases.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Versa 1.6 SEDAN||$188||$350||$456||$26||$136||$1,156||$96|
|Versa 1.8 S Hatchback||$220||$502||$456||$26||$136||$1,340||$112|
|Versa 1.8 S SEDAN||$220||$502||$456||$26||$136||$1,340||$112|
|Versa 1.8 SL Hatchback||$252||$580||$456||$26||$136||$1,450||$121|
|Versa 1.8 SL SEDAN||$252||$580||$456||$26||$136||$1,450||$121|
|Get Your Own Custom Quote Go|
Cost estimates assume married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Estimates do not factor in vehicle garaging location which can modify premium rates substantially.
The chart below shows how choosing a deductible and can impact Nissan Versa insurance prices for each different age group. The prices are based on a married male driver, full physical damage coverage, and no discounts are taken into consideration.
Impact of violations and accidents on rates
The diagram below shows how speeding tickets and at-fault fender-benders can influence Nissan Versa auto insurance costs for each different age category. The rate quotes are based on a single female driver, full coverage, $500 deductibles, and no other discounts are factored in.
Comparison of car insurance rates by gender and age
The illustration below illustrates the comparison of Nissan Versa auto insurance costs for male and female drivers. The data is based on no driving violations, no at-fault accidents, comprehensive and collision coverage, $1,000 deductibles, drivers are single, and no discounts are applied.
Rate comparison of full coverage and liability-only
The illustration below visualizes the comparison of Nissan Versa insurance costs when comparing full coverage to liability only. The rates are based on no accidents, no driving violations, $100 deductibles, single status, and no discounts are taken into consideration.
Should you buy full coverage or liability only?
There isn’t a steadfast formula for phasing out physical damage insurance, but there is a general convention. If the yearly cost of full coverage is about 10% or more of any settlement you would receive from your insurance company, then it might be time to buy liability only.
For example, let’s say your Nissan Versa replacement cost is $6,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most you would receive is $5,000 after the deductible is paid. If you are paying in excess of $500 annually for full coverage, then it could be time to drop full coverage.
There are some conditions where buying only liability insurance is not a good plan. If you still owe a portion of the original loan, you are required to maintain full coverage to satisfy the loan requirements. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should not opt for liability only.
Decisions You Make Can Impact Your Insurance Rates
Lots of factors are part of the calculation when you get your auto insurance bill. Some are pretty understandable such as your driving history, but other factors are not quite as obvious such as your credit history or how financially stable you are. Consumers need to have an understanding of some of the factors that go into determining the rates you pay for auto insurance. If you understand what controls the rates you pay, this allows you to make educated decisions that will entitle you to much lower annual insurance costs.
Safer cars means better rates – Safer cars tend to have better insurance rates. These vehicles protect occupants better and better occupant protection means less claims paid and more competitive rates for policyholders.
Drivers with excellent credit save on auto insurance – Having a bad credit rating will be a significant factor in your rate calculation. If your credit history is not that good, you could be paying less to insure your Nissan Versa if you clean up your credit. Drivers with high credit ratings tend to file fewer claims and have better driving records than those with lower credit scores.
Discounts for auto and home policies – Many auto insurance companies will give lower prices to insureds that have more than one policy, otherwise known as a multi-policy discount. The discount can be anywhere from five to ten percent in most cases. Even though this discount sounds good, it’s in your best interest to compare Nissan Versa rates in Chula Vista to make sure you are getting the best deal.
The type of car, truck or SUV makes a difference – The performance level of the car or truck you own makes a substantial difference in your auto insurance rates. Lower cost passenger cars usually are quite affordable to insure, but there are many factors that impact the final cost.
The next chart uses these variables: married male driver age 40, full coverage with $250 deductibles, and no discounts or violations. It shows Nissan Versa rates compared to other vehicles that have a range of performances.
Nissan Versa insurance loss statistics – Insurers use historical loss data to help calculate a profitable premium price. Vehicles that tend to have higher losses will have increased rates.
The information below illustrates the historical insurance loss data for Nissan Versa vehicles. For each coverage type, the claim amount for all vehicles, regardless of manufacturer or model, is equal to 100. Values under 100 are indicative of better than average losses, while numbers shown that are more than 100 point to more losses or statistically larger claims.
|Vehicle Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Nissan Versa Note||112||96||85||161||171||133|
Statistics from IIHS.org for 2013-2015 Model Years
Protect more than your Versa
Even though it’s not necessarily cheap to insure a Nissan in Chula Vista, paying for auto insurance serves a purpose in several ways.
- Most states have minimum liability requirements which means you are required to buy a specific minimum amount of liability insurance in order to license the vehicle. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If you bought your Nissan with a loan, almost every bank will force you to have physical damage coverage to guarantee payment of the loan. If coverage lapses or is canceled, the lender may insure your Nissan at a much higher rate and require you to pay for the expensive policy.
- Insurance safeguards both your Nissan and your personal assets. It also can pay for hospital and medical expenses for you, your passengers, and anyone else injured in an accident. Liability coverage will also pay for a defense attorney in the event you are sued. If you have damage to your Nissan as the result of the weather or an accident, collision and comprehensive (also known as other-than-collision) coverage will pay to restore your vehicle to like-new condition.
The benefits of buying enough insurance definitely exceed the cost, specifically if you ever have a liability claim. Today the average American driver overpays more than $865 each year so you should quote and compare rates once a year at a minimum to make sure the price is not too high.