Nissan Altima Insurance Quotes in Raleigh

The best way we recommend to get budget Nissan Altima insurance is to begin comparing prices regularly from insurance carriers in Raleigh.

Step 1: Try to understand what coverages are included in your policy and the measures you can take to keep rates in check. Many policy risk factors that increase rates such as speeding tickets, careless driving and a low credit rating can be remedied by making small lifestyle or driving habit changes. Read the full article for tips to get affordable coverage and find additional discounts you may qualify for.

Step 2: Compare price quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can provide rates from one company like GEICO or State Farm, while agents who are independent can quote prices for many different companies.

Step 3: Compare the new rates to your existing policy and see if you can save money. If you find better rates and switch companies, make sure there is no lapse in coverage.

Step 4: Tell your current agent or company to cancel your current coverage. Submit a signed application and payment to the new insurer. As soon as you can, keep the new proof of insurance certificate in an easily accessible location.

The critical component of shopping around is to make sure you enter the same physical damage deductibles and liability limits on every price quote and and to compare as many carriers as you can. Doing this provides a fair rate comparison and the best rate selection.

It’s safe to assume that auto insurance companies want to prevent you from shopping around. Insureds who compare rates annually are likely to move their business because of the high probability of finding lower prices. Remarkably, a study showed that people who make a habit of shopping around saved about $850 each year compared to people who never compared other company’s rates.

If finding low prices for auto insurance is the reason you’re here, learning how to quote and compare coverage rates can help simplify the process.

Just remember that comparing more prices will increase your chances of finding the best offered rates. Some insurance companies are not set up to provide online Raleigh Altima insurance quotes, so you need to compare quotes on coverage from those companies, too.

The providers in the list below have been selected to offer free rate quotes in North Carolina. If multiple companies are listed, we recommend you visit several of them to get a more complete price comparison.

Cheaper Raleigh auto insurance rates with discounts

The cost of insuring your cars can be expensive, but there’s a good chance there are discounts to help offset the cost. Certain credits will be shown when you complete an application, but lesser-known reductions have to be inquired about before being credited.

• Renewal Discounts – Some insurance companies provide a discount for switching companies before your current expiration date. You could save around 10% when you buy Raleigh car insurance online.
• No Claims – Drivers with accident-free driving histories can save substantially as compared to frequent claim filers.
• Distant Student Discount – Older children who are enrolled in a college that is more than 100 miles from Raleigh and do not have a car can receive lower rates.
• Government Employees – Employees or retirees of the government could provide a small rate reduction with some auto insurance companies.
• Braking Control Discount – Cars equipped with ABS or steering control can avoid accidents and qualify for as much as a 10% discount.

Please keep in mind that most discounts do not apply to the entire policy premium. Some only apply to the price of certain insurance coverages like comp or med pay. Just because you may think it’s possible to get free car insurance, it doesn’t quite work that way.

The example below shows the difference between Nissan Altima car insurance rates with and without policy discounts. The costs are based on a male driver, no accidents, no driving violations, North Carolina state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, claim-free, marriage, multi-policy, and multi-car discounts applied.

To see a list of auto insurance companies with the best discounts in Raleigh, follow this link.

Car insurance statistics and figures

The data table shown below outlines different insurance premium costs for Nissan Altima models. Having a good grasp of how insurance policy premiums are established can be valuable when making informed decisions when comparing rate quotes.

Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Rates do not factor in specific location information which can raise or lower price quotes significantly.

Rate comparison for different deductibles

One common question asked by Raleigh drivers is what deductibles to buy. The figures shown below determine the rate differences of buying low and high deductibles. The first rate estimation uses a $250 deductible for comp and collision and the second price table uses a $500 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Rates do not factor in specific garaging location which can decrease or increase coverage prices noticeably.

We can derive from the above data that using a $250 deductible costs about $12 more each month or $144 for a full year than requesting the higher $500 deductible. Because you would pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you tend to average at a minimum 21 months between claim filings, you would most likely save money if you elect the higher deductible.

Illustration showing the impact of accidents and violations

The chart below highlights how traffic violations and at-fault collisions can increase Nissan Altima yearly insurance costs for different age groups. The rate quotes are based on a married male driver, comp and collision included, $500 deductibles, and no discounts are taken into consideration.

Does it make sense to buy full coverage?

The chart below shows the comparison of Nissan Altima yearly insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in North Carolina. The costs are based on no accidents, no driving violations, $250 deductibles, marital status is single, and no other discounts are factored in.

When to drop comprehensive and collision

There isn’t a steadfast formula to delete physical damage coverage, but there is a broad guideline. If the yearly cost of comp and collision coverage is 10% or more of replacement cost minus your deductible, then you might want to consider buying only liability coverage.

For example, let’s say your Nissan Altima book value is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most you would receive is $4,000 after paying the physical damage deductible. If it’s costing in excess of $400 annually to have full coverage, then it’s probably a good time to buy liability coverage only.

There are some circumstances where only buying liability is not a good plan. If you haven’t paid off your loan, you have to maintain full coverage to satisfy the loan requirements. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should not buy liability only.

Get rate quotes but buy from a local Raleigh insurance agency

Some consumers just prefer to buy from a local agent and that can be a great decision One of the great benefits of price shopping on the web is the fact that drivers can get the best rates and still have a local agent.

For easy comparison, once you complete this simple form, your coverage information is transmitted to local insurance agents that can provide free Raleigh car insurance quotes for your business. There is no reason to contact an agency because quoted prices will be sent to you directly. You’ll get the best rates AND a local agent. If you want to quote rates from a particular provider, don’t hesitate to search and find their rate quote page and fill out their quote form.

Picking the best company should depend on more than just a cheap price quote. These questions are important to ask:

• What is the financial rating for the quoted company?
• Can they provide you with a list of referrals?
• Will the quote change when the policy is issued?
• How long has the business existed?
• When do they do policy reviews?
• Which family members are covered?

When narrowing the list to find a reliable insurance agent, it helps to know the two different types of agents and how they can write your policy. Car insurance agents are considered either exclusive or independent (non-exclusive).

Exclusive Car Insurance Agencies

These type of agents write business for a single company and examples are AAA, State Farm, Farmers Insurance, and Allstate. They are unable to provide other company’s prices so they are skilled at selling on more than just price. Exclusive agents are well trained on their company’s products and that enables them to sell even at higher rates.

Listed below are Raleigh exclusive insurance agencies that are able to give price quote information.

More Raleigh agents

Independent Car Insurance Agents

These type of agents are normally appointed by many insurers and that enables them to quote your coverage with many different companies and help determine which has the cheapest rates. If prices rise, the business is moved internally and you stay with the same agent.

If you need lower rates, you will definitely want to compare quotes from a couple of independent agencies to get the best comparison.

The following are independent insurance agencies in Raleigh who can help you get price quotes.

More Raleigh agents

What Determines Nissan Altima Insurance Premiums?

Lots of things are used when you get your auto insurance bill. Some are obvious like an MVR report, although some other factors are not as apparent such as your marital status or your vehicle rating.

• GPS tracking and theft deterrents reduce rates – Choosing to buy a car that has a built-in theft deterrent system can help bring down rates. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system help track and prevent auto theft and help lower rates.

• Gender is a factor – Over the last 50 years, statistics have shown females are less aggressive when driving. It does not mean men are worse drivers. Males and females cause accidents in similar numbers, but the men cause more damage. In addition to higher claims, males also get ticketed for serious violations like reckless driving and DUI. Young men ages 16 to 20 are several times more likely to be in an accident and thus pay the highest rates.

  The information below shows the difference between Nissan Altima annual premium costs for male and female drivers. The rates are based on no claims or driving violations, full physical damage coverage, $100 deductibles, single marital status, and no policy discounts are applied.

• Responsible credit saves on car insurance – An insured’s credit score is a large factor in calculating your car insurance rates. People that have excellent credit tend to be better risks to insure than those with lower ratings. If your credit history is not that good, you could save money insuring your Nissan Altima by improving your credit score.
• Do you save by driving less? – The more you drive your Nissan annually the more you’ll pay to insure your vehicle. Many insurance companies price each vehicle’s coverage based on their usage. Vehicles left parked in the garage can be on a lower rate level than vehicles that are driven to work every day. Double check that your vehicle rating shows the correct usage, because improper ratings can cost you money. Having an incorrect usage rating on your Altima can result in significantly higher rates.
• Low comp and collision deductibles mean high premiums – The deductibles are how much the insured will be required to pay if a claim is determined to be covered. Physical damage coverage, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. Some examples of covered claims are a windshield broken by a bird, vandalism, or theft of your vehicle. The more damage repair cost you are required to pay out-of-pocket, the lower your rates will be.

• Pay more for higher performance vehicles – The performance of the car or truck you are trying to find cheaper insurance for makes a substantial difference in your rates. The best insurance prices are usually found on the lowest performance passenger vehicles, but other factors influence the final cost greatly.

  The following data uses these variables: single male driver age 40, full coverage with $250 deductibles, and no discounts or violations. The chart compares Nissan Altima policy rates compared to other vehicles that have different risk factors.

• Extra policy coverages can waste money – Insurance companies have many extra bells and whistles that you can get tricked into buying if you don’t pay attention. Things like coverage for rental cars, high-cost glass coverage, and Farm Bureau memberships could be just wasting money. These coverages may sound good when discussing your needs, but your money might be better spent on other coverage so get rid of them and save.

• Nissan Altima historical loss data – Companies analyze claim trends for every vehicle to calculate a price that offsets possible losses. Models that the data determines to have a higher amount or frequency of claims will have higher rates. The next table illustrates the compiled insurance loss statistics for Nissan Altima vehicles.

  For each type of coverage, the claim probability for all vehicles, without regard to make or model, is represented as 100. Numbers below 100 indicate a favorable loss history, while percentage values above 100 indicate a higher chance of having a claim or an increased chance of larger losses than average.

  
  

  Nissan Altima Insurance Loss Statistics

  Vehicle Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Nissan Altima	110	97	119	144	147	114

  BETTER

  AVERAGE

  WORSE

  Statistics from IIHS.org for 2013-2015 Model Years

Why do I need car insurance?

Despite the high cost of buying insurance for a Nissan Altima in Raleigh, buying auto insurance is required in North Carolina but also provides important benefits.

• The majority of states have mandatory insurance requirements which means the state requires specific minimum amounts of liability if you don’t want to risk a ticket. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If your Nissan has a lienholder, it’s most likely the lender will require you to have insurance to guarantee their interest in the vehicle. If the policy lapses, the lender may have to buy a policy to insure your Nissan at a much higher rate and force you to pay much more than you were paying before.
• Insurance safeguards both your assets and your car. Insurance will also pay for medical expenses for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, will also pay for a defense attorney if anyone sues you for causing an accident. If damage is caused by hail or an accident, comprehensive and collision coverage will pay to repair the damage minus the deductible amount.

The benefits of having auto insurance are definitely more than the cost, especially with large liability claims. In a recent study of 1,000 drivers, the average customer is currently overpaying as much as $800 each year so you should quote your policy with other companies each time the policy renews to help ensure money is not being wasted.

What is the best car insurance company in Raleigh?

Finding the right car insurance provider can be a challenge considering how many companies sell coverage in North Carolina. The ranking information below can help you choose which coverage providers you want to consider when shopping around.

Top 10 Raleigh Car Insurance Companies Overall

1. Travelers
2. USAA
3. Mercury Insurance
4. AAA Insurance
5. Nationwide
6. Allstate
7. State Farm
8. The Hartford
9. Safeco Insurance
10. Progressive

Smart shoppers get results

You just read many tips how you can get a better price on Nissan Altima insurance in Raleigh. The most important thing to understand is the more quotes you get, the higher your chance of finding inexpensive Raleigh car insurance quotes. Drivers may even discover the lowest prices come from the smaller companies. Smaller companies often have lower rates on specific markets than their larger competitors like Allstate and Progressive.

Some insurance providers do not provide the ability to get quotes online and many times these smaller companies prefer to sell through independent agents. Cheap Nissan Altima insurance in Raleigh can be sourced from both online companies in addition to local insurance agencies, and you need to price shop both to have the best selection.

Much more information about car insurance in North Carolina is located on the following sites:

• Safety Features for Your New Car (State Farm)
• Who Has the Cheapest Car Insurance for College Graduates in Raleigh? (FAQ)
• How Much are Auto Insurance Quotes for a Honda CR-V in Raleigh? (FAQ)
• Who Has Affordable Car Insurance Rates for State Employees in Raleigh? (FAQ)
• How Much is Raleigh Auto Insurance for a Toyota Highlander? (FAQ)
• What Insurance is Cheapest for a Jeep Wrangler in Raleigh? (FAQ)
• Who Has Cheap Auto Insurance Rates for Drivers Under 21 in Raleigh? (FAQ)
• Where can I buy Insurance? (Insurance Information Institute)
• Self-driving cars won’t replace humans (Insurance Institute for Highway Safety)
• Learn About Car Insurance (GEICO)