Want to learn how to find more competitive auto insurance rates in Raleigh, NC? Raleigh drivers have options when trying to find affordable Nissan Xterra insurance. You can either spend your time contacting agents getting price quotes or leverage the internet to find the lowest rates.
There is a better way to buy auto insurance and you need to know the quickest way to get price quotes for your Nissan and get the lowest possible price from Raleigh insurance agents and online providers.
It’s a great practice to compare prices occasionally because insurance prices are adjusted regularly by insurance companies. Just because you found the best deal on Nissan Xterra insurance in Raleigh last year there is a good chance you can find better rates now. You’ll find quite a bit of inaccurate information about Xterra insurance online, but in a few minutes you can learn some solid techniques on how to stop overpaying for insurance in Raleigh.
Rates and data analysis
The premium table shown below showcases different insurance premium costs for Nissan Xterra models. Having knowledge of how auto insurance prices are formulated can aid in making smart choices when comparing insurance rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Xterra X 2WD||$100||$148||$324||$20||$96||$688||$57|
|Xterra S 2WD||$100||$148||$324||$20||$96||$688||$57|
|Xterra S 4WD||$100||$148||$324||$20||$96||$688||$57|
|Xterra X 4WD||$100||$148||$324||$20||$96||$688||$57|
|Xterra Off Road 4WD||$114||$190||$324||$20||$96||$744||$62|
|Xterra SE 2WD||$114||$190||$324||$20||$96||$744||$62|
|Xterra SE 4WD||$114||$190||$324||$20||$96||$744||$62|
|Get Your Own Custom Quote Go|
Data rating is based on single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-policy, and multi-vehicle. Rates do not factor in garaging location in Raleigh which can alter premium rates substantially.
The diagram below demonstrates how deductible levels and can raise or lower Nissan Xterra insurance prices for each different age category. The rates are based on a married female driver, comprehensive and collision coverage, and no discounts are taken into consideration.
Does it make sense to buy full coverage?
The chart below shows the difference between Nissan Xterra car insurance costs with liability coverage only compared to full coverage. The rates are based on no claims or driving violations, $250 deductibles, single status, and no discounts are taken into consideration.
Should you buy full coverage or liability only?
There is no written rule of when to eliminate full coverage, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than around 10% of the vehicle’s replacement cost less your deductible, then you may want to consider only buying liability coverage.
For example, let’s say your Nissan Xterra replacement value is $4,000 and you have $1,000 deductibles. If your vehicle is totaled, the most you would get paid by your company is $3,000 after paying your deductible. If you are paying in excess of $300 annually for full coverage, then you might want to consider buying only liability coverage.
There are some circumstances where buying only liability insurance is not advised. If you haven’t paid off your loan, you have to carry full coverage to protect the lienholder’s interest. Also, if you cannot afford to purchase a different vehicle if your current one is damaged, you should not opt for liability only.
How Your Xterra Insurance Prices are Determined
The best way to find cheaper car insurance is to take a look at the factors that help calculate your car insurance rates. When you understand what determines premiums, this helps enable you to make changes that may result in cheaper rates. Multiple criteria are used when quoting car insurance. Some of the criteria are obvious like an MVR report, although others are not quite as obvious like your vehicle usage or your commute time.
Shown below are just a few of the factors utilized by car insurance companies to help set premiums.
- Be proud to be claim-free – If you file claims often, you can look forward to increased rates or even have your policy non-renewed. Insurance companies in North Carolina generally give lower rates to insureds who are claim-free. Your insurance policy is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.
Affects performance affects auto insurance prices – The make and model of the car, truck or SUV you own makes a huge difference in your auto insurance rates. The lowest performance passenger vehicles generally receive the lowest base rates, but there are many factors that impact the final cost.
The chart below assumes a single male driver age 30, full coverage with $100 deductibles, and no discounts or violations. It compares Nissan Xterra car insurance rates compared to other makes and models that have different performance risks.
Accidents increase costs – Attentive drivers tend to pay less for car insurance than their less careful counterparts. Only having one chargeable violation can increase the cost of insurance by twenty percent. Drivers with serious violations like DUI or willful reckless driving may be required to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to legally drive a vehicle.
The information below shows how speeding tickets and at-fault claims can influence Nissan Xterra auto insurance rates for different age categories. The data is based on a married male driver, full physical damage coverage, $250 deductibles, and no discounts are factored in.
- Married people drive safer – Having a wife or husband can get you a discount when shopping for car insurance. It translates into being more mature and insurance companies reward insureds because married drivers tend to file fewer claims.
Men drivers tend to cost more – The statistics show that women are safer drivers than men. It does not mean men are worse drivers. They both cause accidents in similar numbers, but males tend to have higher claims. They also receive more major tickets like DWI (DUI) or reckless driving. Males from age 16 to 21 have the highest risk to insure so they pay the highest premiums.
The diagram below visualizes the comparison of Nissan Xterra annual premium costs for male and female drivers. Data assumes no violations or claims, comprehensive and collision coverage, $250 deductibles, single status, and no discounts are applied.
- Liability coverage – Liability coverage will protect you if you are found liable for damages from an accident. It provides for a legal defense which can cost a lot. Liability is cheap compared to insuring for physical damage coverage, so buy as much as you can afford.
Nissan Xterra statistical loss data – Insurers take into consideration insurance loss statistics for every vehicle to determine a rate that will be profitable for them. Vehicles that historically have higher prevalence or dollar amount of losses will cost more for specific coverages. The table below outlines the insurance loss data used by companies for Nissan Xterra vehicles.
For each type of coverage, the loss probability for all vehicles combined as an average is a value of 100. Values below 100 represent a good loss history, while percentage numbers above 100 point to more losses or an increased probability of a larger loss.
Nissan Xterra Insurance Claim Statistics Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Nissan Xterra 4dr 2WD 57 95 45 Nissan Xterra 4dr 4WD 62 100 63 59 77 86BETTERAVERAGEWORSE
Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Frequent quotes can save
Budget-conscious Nissan Xterra insurance is possible both online and with local Raleigh insurance agents, so you need to quote Raleigh auto insurance with both to get a complete price analysis. Some companies may not have the ability to get a quote online and most of the time these small, regional companies work with independent agencies.
When you buy Raleigh auto insurance online, don’t be tempted to buy less coverage just to save a little money. In many instances, an accident victim reduced collision coverage only to regret at claim time that their decision to reduce coverage ended up costing them more. Your goal is to find the BEST coverage for the lowest price, but do not skimp to save money.
How to buy affordable Nissan Xterra insurance in Raleigh
If your goal is the lowest price, then the best way to find low-cost prices for Nissan Xterra insurance in Raleigh is to start comparing rates regularly from insurance carriers in North Carolina.
Step 1: Take a little time to learn about car insurance and the things you can control to prevent expensive coverage. Many things that result in higher rates like careless driving and poor credit history can be remedied by making minor driving habit or lifestyle changes.
Step 2: Get rate quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can give quotes from a single company like GEICO or Allstate, while independent agents can quote rates for a wide range of insurance providers.
Step 3: Compare the new rate quotes to your existing coverage and see if there is a cheaper rate in Raleigh. If you find a lower rate quote, make sure there is no coverage gap between policies.
An important part of this process is to compare similar coverage information on every quote and and to get rates from as many companies as you can. This helps ensure a fair price comparison and maximum price selection.
Much more information about car insurance in North Carolina can be read at these links:
- Understanding Your Insurance Deductible (Insurance Information Institute)
- Who Has Cheap Car Insurance for Immigrants in Raleigh? (FAQ)
- Who Has the Cheapest Raleigh Auto Insurance Quotes for Drivers Requiring a SR22? (FAQ)
- Who Has Affordable Raleigh Auto Insurance Rates for a Ford Escape? (FAQ)
- Avoiding Deer Collisions (Insurance Information Institute)
- Understanding Car Crashes Video (iihs.org)