Did you come to the realization that you have overpriced Nissan Versa insurance in Irvine? Say no more because many Irvine drivers feel the same as you.
Sadly, over 70% of consumers kept buying from the same company for a minimum of four years, and practically 40% of car insurance customers have never compared rates to find cheaper insurance. Irvine insurance shoppers could cut their rates by roughly $469 a year just by comparing rates, but they don’t believe how much money they would save if they replace their high priced policy.
You have multiple insurers to buy insurance from, and although it’s nice to have a selection, so many choices can make it hard to get the best deal for Nissan Versa insurance in Irvine.
You need to compare prices once or twice a year because prices are constantly changing. Even if you think you had the best rates on Nissan Versa insurance in Irvine a few years ago there may be better deals available now. Forget anything you know (or think you know) about car insurance because you’re about to find out the fastest way to properly buy coverages while reducing your premium.
Analysis of Nissan Versa rates
The coverage information below showcases estimates of insurance prices for Nissan Versa models. Having a better idea how insurance policy premiums are calculated can assist in making smart policy decisions.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Versa 1.6 SEDAN||$242||$554||$464||$28||$138||$1,426||$119|
|Versa 1.8 S Hatchback||$284||$792||$464||$28||$138||$1,706||$142|
|Versa 1.8 S SEDAN||$284||$792||$464||$28||$138||$1,706||$142|
|Versa 1.8 SL Hatchback||$326||$912||$464||$28||$138||$1,868||$156|
|Versa 1.8 SL SEDAN||$326||$912||$464||$28||$138||$1,868||$156|
|Get Your Own Custom Quote Go|
Above prices assume married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-policy, and multi-vehicle. Price estimates do not factor in specific location which can lower or raise premiums greatly.
The example below shows how different deductible levels and can impact Nissan Versa insurance costs for different categories of driver ages. The data is based on a married male driver, comp and collision included, and no discounts are factored in.
You Can Change Your Insurance Costs
Part of the auto insurance buying process is learning the factors that go into determining your premiums. If you have a feel for what controls the rates you pay, this allows you to make good choices that can earn you lower premium levels. Multiple criteria are used in the calculation when you get a price on insurance. Some are pretty understandable like an MVR report, but other criteria are less apparent such as your marital status or how safe your car is.
The following are a partial list of the pieces that factor into your rates.
Bump up comp and collision deductibles to lower rates – The deductibles you choose define the amount you are required to spend if the claim is covered. Physical damage insurance, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Some coverage claims are rear-ending another vehicle, hail damage, or theft of your vehicle. The more damage repair cost you pay before a claim is paid (deductible), the lower your rates will be.
Lower rates with a multi-policy discount – Some companies will give discounts to insureds who carry more than one policy such as combining an auto and homeowners policy. Even if you already get this discount, drivers will still want to compare other Irvine Versa insurance rates to help ensure you have the lowest rates.
Marriage pays dividends – Getting married may cut your premiums on auto insurance. Marriage is viewed as being more responsible and statistics prove married couples file fewer claims.
Don’t buy incidental coverages that aren’t used – Policies have add-on coverages that you can buy if you aren’t careful. Things like replacement cost coverage, better glass coverage, and additional equipment coverage could be just wasting money. The coverages may be enticing when you first buy your policy, but your money might be better spent on other coverage so eliminate the coverages to reduce your premium.
Cheaper premiums using GPS tracking and theft deterrents – Choosing a vehicle with advanced anti-theft systems can save you some money. Theft prevention devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system help track and prevent car theft and help bring rates down.
More traffic equals higher premiums – Residing in less populated areas has it’s advantages when it comes to auto insurance. Lower population corresponds to lower accident rates and also fewer theft and vandalism claims. Residents of big cities have to deal with more auto accidents and a longer drive to work. More time behind the wheel means a statistically higher chance of an accident.
How do annual miles impact costs? – Driving a lot of miles in a year’s time the more you’ll pay to insure your vehicle. Most insurance companies rate vehicles based on their usage. Vehicles that do not get driven very much receive better premium rates than cars that get driven a lot. A policy that improperly rates your Versa can cost quite a bit. Double check that your auto insurance policy shows the correct driver usage.
Higher rates for tough vocations – Do you work in a high-stress field? Occupations such as lawyers, architects, and accountants are shown to have higher premiums than the average policyholder attributed to stressful work requirements and lengthy work days. Conversely, professions such as actors, engineers and the unemployed generally pay rates lower than average.
Loss probability for a Nissan Versa – Companies use historical loss data to determine a price that will be profitable for them. Vehicles that statistically have higher frequency or amount of claims will cost more for specific coverages. The table below illustrates the historical loss data for Nissan Versa vehicles.
For each policy coverage, the loss probability for all vehicles, as a total average, is set at 100. Values that are below 100 are indicative of better than average losses, while numbers above 100 indicate frequent claims or a tendency for claims to be larger.
|Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Nissan Versa Note||112||96||85||161||171||133|
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Best auto insurance company in Irvine
Buying coverage from the top car insurance company is difficult considering how many companies there are to choose from in California. The company information shown below could help you pick which car insurance providers you want to consider buying from.
Top 10 Irvine Car Insurance Companies Ranked by Customer Satisfaction
- Titan Insurance – 95%
- USAA – 94%
- AAA of Southern California – 92%
- AAA Insurance – 91%
- Nationwide – 90%
- State Farm – 90%
- The Hartford – 89%
- GEICO – 89%
- The General – 88%
- 21st Century – 88%
Top 10 Irvine Car Insurance Companies Ranked by Customer Service
- AAA of Southern California
- State Farm
- The Hartford
- Mercury Insurance
- The General
- AAA Insurance
- American Family
Find affordable rates by being thorough
Cheaper Nissan Versa insurance in Irvine is attainable from both online companies and also from your neighborhood Irvine agents, so you should compare both to have the best selection. There are still a few companies who may not provide the ability to get a quote online and these smaller companies only sell coverage through independent agents.
When shopping online for auto insurance, it’s very important that you do not reduce needed coverages to save money. There are a lot of situations where consumers will sacrifice collision coverage only to regret at claim time they didn’t have enough coverage. Your strategy should be to find the BEST coverage for the lowest cost while not skimping on critical coverages.
Steps to quoting cheaper Nissan Versa insurance in Irvine
The most effective way to get low-cost Nissan Versa insurance in Irvine is to start comparing rates regularly from providers who can sell car insurance in California. Drivers can shop around by following these steps.
- First, learn about auto insurance and the changes you can make to keep rates in check. Many factors that result in higher rates such as your driving record and a low credit rating can be rectified by making small lifestyle or driving habit changes.
- Second, compare prices from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only quote rates from a single company like GEICO or State Farm, while independent agencies can provide price quotes from many different companies.
- Third, compare the new rates to the price on your current policy to see if you can save by switching companies. If you can save money, verify that coverage does not lapse between policies.
- Fourth, tell your current company to cancel your current car insurance policy and submit the signed application along with the required initial payment to the new insurer. When you receive it, put the proof of insurance paperwork in an easily accessible location.
An important note is to use the same liability limits and deductibles on every price quote and and to compare all possible companies. This enables a fair price comparison and a good representation of prices.
Much more information about auto insurance in California can be found at these links:
- Speed and Speed Limit FAQ (iihs.org)
- Who Has the Cheapest Irvine Car Insurance Quotes for a Nissan Altima? (FAQ)
- What Insurance is Cheapest for High Mileage Drivers in Irvine? (FAQ)
- Who Has Cheap Irvine Auto Insurance for First-time Drivers? (FAQ)
- How Much are Auto Insurance Quotes for Drivers Requiring a SR22 in Irvine? (FAQ)
- Vehicle Insurance (Wikipedia)
- Smart Auto Insurance Tips (Insurance Information Institute)
- Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)