Best Insurance for a Nissan Altima in Virginia Beach

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Remarkably, a study showed that most car insurance policyholders have bought car insurance from the same company for a minimum of four years, and virtually 40% of consumers have never compared rates to find cheaper insurance. Virginia Beach insurance shoppers can save almost 45% each year by just shopping around, but they don't believe the actual amount they would save if they replace their high priced policy.

Insurance rates Nissan Altima in Virginia BeachIt takes a few minutes, but the best way to find affordable Nissan Altima insurance in Virginia Beach is to regularly compare price quotes from providers in Virginia.

  1. Try to learn about auto insurance and the changes you can make to prevent rate increases. Many factors that result in higher rates such as multiple speeding tickets and an unacceptable credit history can be improved by making lifestyle changes or driving safer.
  2. Quote rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only give rate quotes from one company like Progressive or Allstate, while agents who are independent can give you price quotes from multiple companies.
  3. Compare the new rates to your existing coverage to see if a cheaper rate is available in Virginia Beach. If you find a lower rate quote and decide to switch, make sure there is no lapse in coverage.
  4. Give proper notification to your current agent or company of your decision to cancel the current policy and submit a signed application and payment for the new policy. Once the application is submitted, keep the new certificate verifying coverage in an easily accessible location.

An important bit of advice to remember is to use the same liability limits and deductibles on every quote request and and to analyze every insurance company. Doing this helps ensure an accurate price comparison and a complete rate analysis.

Auto insurance discounts are available to get cheap rates

Insurance can cost an arm and a leg, but you might already qualify for some discounts that may help make it more affordable. Some discounts apply automatically when you purchase, but some need to be requested specifically before being credited.

  • College Student Discount - Children who are attending college and leave their car at home can be insured at a reduced rate.
  • Good Grades Discount - Maintaining excellent grades can be rewarded with saving of up to 25%. Earning this discount can benefit you until age 25.
  • Defensive Driver Discount - Taking time to complete a class that teaches defensive driving techniques is a good idea and can lower rates and also improve your driving technique.
  • Discount for New Cars - Adding a new car to your policy can get you a discount since new model year vehicles are generally safer.
  • Accident Forgiveness Coverage - This isn't a discount exactly, but some companies like GEICO, Allstate and Liberty Mutual will let one accident slide without the usual rate increase so long as you are claim-free for a particular time prior to the accident.
  • Memberships - Joining qualifying clubs or civic groups could qualify you for a break on your policy.
  • Accident-Free Discounts - Insureds who avoid accidents and claims can save substantially in comparison to policyholders that have many claims.
  • Discount for Swiching Early - A few auto insurance companies give discounts for switching policies prior to your current Altima insurance policy expiring. It can save you around 10%.
  • Telematics Data - Drivers that enable driving data submission to analyze vehicle usage by using a telematic data system such as Snapshot from Progressive or Drivewise from Allstate could possibly reduce rates if their driving habits are good.
  • Government Employee Discount - Being employed by or retired from a federal job could cut as much as 10% off with certain companies.

One thing to note about discounts is that some credits don't apply to the whole policy. Some only reduce specific coverage prices like liability, collision or medical payments. So despite the fact that it appears you would end up receiving a 100% discount, companies wouldn't make money that way.

The chart below compares Nissan Altima insurance rates with and without policy discounts. The price estimates are based on a male driver, no violations or accidents, Virginia state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, safe-driver, homeowner, marriage, and claim-free discounts applied.

Some companies that may have most of the discounts above possibly include:

Before buying, ask every company which discounts they offer. Some of the discounts discussed earlier might not be available to policyholders in your area. If you would like to view insurance companies that provide some of the discounts listed above in Virginia, follow this link.

The easiest way to get policy rate comparisons for Nissan Altima insurance in Virginia Beach is to know auto insurance companies participate in online systems to give you rate quotes. To start a quote, the only thing you need to do is provide a small amount of information such as how your vehicles are used, how old drivers are, if you're married, and any included safety features. Those rating factors is submitted instantly to multiple companies and you will receive price estimates almost instantly.

To compare lower-cost Nissan Altima insurance rates now, click here and complete the form.

The companies in the list below can provide comparison quotes in Virginia Beach, VA. To buy the best auto insurance in Virginia, we suggest you get rate quotes from several of them to get the lowest price.

Analysis of coverages

The coverage information displayed next outlines a range of policy rates for Nissan Altima models. Learning how car insurance prices are determined can assist in making decisions on the best policy to buy.

Nissan Altima Insurance Rates in Virginia Beach, VA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Altima 2.5 4-Dr Sedan $218 $460 $312 $18 $94 $1,102 $92
Altima 2.5 S 4-Dr Sedan $218 $542 $312 $18 $94 $1,184 $99
Altima Hybrid 4-Dr Sedan $244 $542 $312 $18 $94 $1,210 $101
Altima 2.5 S 2-Dr Coupe $244 $542 $352 $20 $106 $1,264 $105
Altima 3.5 SR 4-Dr Sedan $244 $542 $312 $18 $94 $1,210 $101
Altima 3.5 SR 2-Dr Coupe $244 $624 $352 $20 $106 $1,346 $112
Get Your Own Custom Quote Go

Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Virginia minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Information does not factor in specific location which can influence premium rates substantially.

Raise deductibles and save

One frequently asked question is how low should you set your deductibles. The premium rates below help summarize the difference in cost when you choose different physical damage deductibles. The first set of rates uses a $250 deductible for comprehensive and collision coverage and the second pricing table uses a $1,000 deductible.

Nissan Altima insurance premium estimates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Altima 2.5 4-Dr Sedan $198 $336 $258 $16 $78 $911 $76
Altima 2.5 S 4-Dr Sedan $198 $394 $258 $16 $78 $969 $81
Altima Hybrid 4-Dr Sedan $224 $394 $258 $16 $78 $995 $83
Altima 2.5 S 2-Dr Coupe $224 $394 $290 $18 $88 $1,039 $87
Altima 3.5 SR 4-Dr Sedan $224 $394 $258 $16 $78 $995 $83
Altima 3.5 SR 2-Dr Coupe $224 $454 $290 $18 $88 $1,099 $92
Get Your Own Custom Quote Go
Nissan Altima insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Altima 2.5 4-Dr Sedan $122 $210 $258 $16 $78 $684 $57
Altima 2.5 S 4-Dr Sedan $122 $248 $258 $16 $78 $722 $60
Altima Hybrid 4-Dr Sedan $138 $248 $258 $16 $78 $738 $62
Altima 2.5 S 2-Dr Coupe $138 $248 $290 $18 $88 $782 $65
Altima 3.5 SR 4-Dr Sedan $138 $248 $258 $16 $78 $738 $62
Altima 3.5 SR 2-Dr Coupe $138 $286 $290 $18 $88 $820 $68
Get Your Own Custom Quote Go

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Virginia minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-policy, and multi-vehicle. Price information does not factor in specific Virginia Beach garaging location which can raise or lower coverage rates considerably.

Based on the above data, using a $250 deductible will cost you approximately $22 more each month or $264 each year than buying the higher $1,000 deductible. Because you would be required to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you normally go at least 34 months between claim filings, you would most likely save money if you elect the higher deductible. The illustration below shows the way this determination is made.

Average monthly premium for $250 deductibles: $84
Average monthly premium for $1,000 deductibles (subtract): - $62
Monthly savings from raising deductible: $22
Difference between deductibles ($1,000 - $250): $750
Divide difference by monthly savings: $750 / $22
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 34 months

One important caveat is that raising deductibles to save money means you will have to pay more when you file a claim. You must have enough savings in the event you have to pay more for the deductible.

Cost of full coverage in Virginia Beach

The diagram below shows the difference between Nissan Altima insurance costs with full physical damage coverage and with liability coverage only. The premium estimates are based on no accidents, no driving violations, $250 deductibles, marital status is single, and no discounts are applied.

Should you buy full coverage or liability only?

There is no clear-cut rule to stop buying full coverage on your policy, but there is a broad guideline. If the annual cost of your full coverage insurance is 10% or more of any settlement you would receive from your insurance company, then it may be the right time to buy liability only.

For example, let's assume your Nissan Altima replacement value is $8,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most your company would pay you is $7,000 after the deductible is paid. If you are paying in excess of $700 a year for physical damage coverage, then you might consider buying liability only.

There are some cases where only buying liability is not a good plan. If you haven't paid off your loan, you have to carry full coverage as part of the loan conditions. Also, if you don't have enough money to buy a different vehicle if your current one is totaled, you should maintain full coverage.

Five factors that influence insurance premiums

Many factors are used when you quote your car insurance policy. Some are obvious like a motor vehicle report, but other criteria are less apparent like your continuous coverage or how financially stable you are.

You might get higher rates if you are single - Being married may cut your premiums on insurance. Having a significant other usually means you are more mature and responsible and statistics show married drivers tend to have fewer serious accidents.

Liability insurance is cheap - Your insurance policy's liability coverage is the coverage that protects you if ever you are determined to be liable for causing damage or personal injury in an accident. Liability insurance provides legal defense coverage which can cost thousands of dollars. It is affordable coverage compared to insuring for physical damage coverage, so buy as much as you can afford.

When should you file policy claims? - Companies in Virginia provide the best rates to people who only file infrequent claims. If you tend to file frequent claims, you can expect either policy cancellation or increased premiums. Your car insurance is intended for claims that pose a financial burden.

Does insurance coverage cost more for men? - Statistics show that females take fewer risks when driving. Now that doesn't mean males are worse at driving than females. Both sexes tend to get into accidents in similar numbers, but the male of the species tend to have higher claims. Men also receive more costly citations like driving under the influence (DUI).

The illustration below compares Nissan Altima insurance premiums for male and female drivers. The prices are based on no claims or driving citations, full coverage, $250 deductibles, drivers are single, and no policy discounts are applied.

Multiple policies with one company can save - Lots of companies allow a discount to insureds that buy multiple policies in the form of a multi-policy discount. Even with this discount, you still need to compare Nissan Altima rates in Virginia Beach to guarantee you are still saving the most.

Nissan Altima claim data - Companies analyze historical claim data to calculate a rate that will offset any claims. Models that the statistics show to have higher frequency or amount of claims will cost more to insure. The data below shows the insurance loss data for Nissan Altima vehicles.

For each insurance policy coverage type, the loss probability for all vehicles as a whole is considered to be 100. Values that are under 100 represent a good loss history, while numbers that are greater than 100 indicate higher probability of having a loss or a tendency for claims to be larger.

Insurance Loss Ratings for Nissan Altima Vehicles
Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Nissan Altima 110 97 119 144 147 114
BETTER
AVERAGE
WORSE

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

When in doubt talk to an agent

When buying the best auto insurance coverage, there is no best way to insure your cars. Everyone's situation is a little different.

Here are some questions about coverages that could help you determine if your insurance needs would benefit from an agent's advice.

  • If I use my vehicle for business use is it covered?
  • Does my policy cover my teen driver if they drive my company car?
  • Will I lose any money if I cancel my policy before it expires?
  • Should I buy only the required Virginia minimum liability coverage?
  • Will my rates increase for filing one claim?
  • Is my nanny covered when driving my vehicle?
  • What are the liability requirements in my state?
  • Are rental cars covered under my policy?

If you're not sure about those questions, you may need to chat with a licensed agent. If you want to speak to an agent in your area, fill out this quick form. It's fast, free and may give you better protection.

Local Virginia Beach auto insurance agents

Certain consumers just want to sit down and talk to an agent and that is recommended in a lot of cases Good insurance agents are very good at helping people manage risk and give you someone to call. The best thing about comparing insurance prices online is you can get cheap car insurance quotes and still choose a local agent. And buying from neighborhood insurance agencies is especially important in Virginia Beach.

Insurance agents in Virginia BeachFor easy comparison, once you complete this quick form, your insurance data is submitted to agents in your area who will give competitive quotes to get your business. There is no need to search for any insurance agencies as quotes are delivered to your email. If you have a need to get a rate quote from a specific company, don't hesitate to visit that company's website and fill out their quote form.

When looking for a reliable agent, there are a couple of types of insurance agents and how they are slightly different. Car insurance agencies can be described as either exclusive or independent. Both types can do a good job, but we need to point out the difference in the companies they write for because it can factor into buying decisions.

Independent Car Insurance Agents

Independent agents often have many company appointments so they can quote policies with multiple insurance companies and help determine which has the cheapest rates. If premiums increase, your agent can switch companies which is easy for the insured.

When comparing car insurance rates, we recommend you get rate quotes from multiple independent agents for the best price selection. A lot of them also have access to small regional insurance companies that many times have cheaper rates.

Shown below are independent insurance agencies in Virginia Beach that may be able to provide rate quotes.

View more Virginia Beach agents

Exclusive Car Insurance Agencies

Exclusive agencies can usually just insure with one company and examples are Farmers Insurance and State Farm. Exclusive agencies are unable to provide other company's prices so it's a take it or leave it situation. Exclusive insurance agents are usually quite knowledgeable on their products and sales techniques which can be an advantage. Consumers sometimes buy from the same agent for years primarily because of the brand rather than low rates.

Listed below are exclusive agents in Virginia Beach that can give you price quotes.

View more Virginia Beach agents

Deciding on an insurance agent should include more criteria than just the premium amount. Here are some questions you might want to ask.

  • Is the agency involved in supporting local community causes?
  • Is assistance available after office hours?
  • How will an accident affect your rates?
  • Who is covered by the car insurance policy?
  • How would your car be valued if totaled?

Why you need quality insurance for your vehicle

Even though it's not necessarily cheap to insure a Nissan in Virginia Beach, insuring your vehicle may be required and benefits you in several ways.

  • Almost all states have minimum liability requirements which means it is punishable by state law to not carry a specific level of liability insurance in order to license the vehicle. In Virginia these limits are 25/50/20 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $20,000 of property damage coverage.
  • If you have a lien on your Nissan, more than likely the lender will make it a condition of the loan that you have insurance to guarantee payment of the loan. If you default on your policy, the bank may buy a policy for your Nissan at a significantly higher premium and require you to pay a much higher amount than you were paying before.
  • Insurance preserves not only your car but also your financial assets. Insurance will pay for all forms of medical expenses for both you and anyone you injure as the result of an accident. Liability insurance also covers all legal expenses up to the policy limit if someone files suit against you as the result of an accident. If you have damage to your Nissan as the result of the weather or an accident, comprehensive and/or collision insurance will pay all costs to repair after the deductible has been paid.

The benefits of having insurance are definitely more than the cost, especially if you ever need it. Today the average American driver is currently overpaying as much as $800 each year so it's important to compare rates each time the policy renews to save money.

Be persistent and save

Consumers who switch companies do it for any number of reasons including an unsatisfactory settlement offer, questionable increases in premium, high prices and even delays in paying claims. Whatever your reason, finding a great new company is not as hard as you think.

You just learned many ways to lower your Nissan Altima insurance car insurance rates in Virginia Beach. It's most important to understand that the more rate quotes you have, the higher the chance of saving money. Consumers could even find that the lowest priced insurance comes from the smaller companies.

More affordable insurance in Virginia Beach can be sourced on the web as well as from insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from. Some companies may not offer online quoting and many times these regional carriers provide coverage only through local independent agencies.

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