Cheaper 2002 Nissan Xterra Insurance Rates

Consumers have options when looking for low-cost Nissan Xterra insurance. You can either waste hours driving around to compare prices or leverage the internet to get rate quotes. There are both good and bad ways to find insurance online so you’re going to learn the absolute fastest way to price shop coverage for a Nissan and get the cheapest rates either online or from local insurance agents.

If you are insured now or are shopping for new coverage, you can use these tips to find better prices and still get good coverage. The purpose of this article is to help educate you on how to get online quotes and some tips to save money. Consumers just need to learn the best way to compare price quotes on the web.

Nissan Xterra insurance rates can be determined by these details

Consumers need to have an understanding of some of the elements that play a part in calculating the rates you pay for auto insurance. Understanding what impacts premium levels empowers consumers to make smart changes that could result in much lower annual insurance costs.

Shown below are a few of the “ingredients” used by your company to calculate premiums.

  • Drive a safer car and pay less – Cars with high safety ratings tend to have better insurance rates. The safest vehicles have better occupant injury protection and any reduction in injury severity means lower claim amounts and more competitive rates for policyholders. If your Nissan Xterra scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website you may qualify for a discount.
  • High numbers of claims are not good – Auto insurance companies award lower rates to people who file claims infrequently. If you tend to file frequent claims, you can look forward to either higher rates or even cancellation. Insurance coverage is designed for major claims that would cause financial hardship.
  • Are you male or female? – Statistics show that women are safer drivers than men. Now that doesn’t mean men are WORSE drivers than women. They both cause accidents at about the same rate, but the male of the species tend to have more serious accidents. Men also tend to receive more costly citations such as DWI and reckless driving.
  • Multi-policy discounts can save money – The majority of insurance companies give discounts to policyholders who buy several policies from them, otherwise known as a multi-policy discount. If you currently are using one company, you still need to shop around to confirm you are receiving the best rates possible. Consumers may find better rates by buying auto insurance from a different company.

How to save on 2002 Nissan Xterra insurance

Companies don’t always advertise all available discounts very well, so we break down some of the more common and the harder-to-find insurance savings. If you don’t get every credit available, you are throwing money away.

  • Auto/Life Discount – Select insurance companies reward you with a break if you buy life insurance from them.
  • Club Memberships – Participating in a professional or civic organization is a good way to get lower rates on insurance for Xterra insurance.
  • Payment Discounts – If paying your policy premium upfront instead of paying each month you could save up to 5%.
  • Accident Waiver – A few companies will forgive one accident before your rates go up if your claims history is clear for a set time period.
  • Seat Belts Save more than Lives – Buckling up and requiring all passengers to use their safety belts could save 15% off your medical payments premium.
  • Early Signing – Some companies give discounts for switching policies prior to your current policy expiring. This can save 10% or more.
  • Distant Student – Kids in college who live away from home and don’t have a car can be insured at a reduced rate.
  • Discount for New Cars – Insuring a new car can be considerably cheaper since new cars are generally safer.
  • Federal Government Employee – Employees or retirees of the government can save as much as 8% for Xterra insurance with a few insurance companies.
  • Military Discounts – Being on active duty in the military can result in better rates.

Drivers should understand that most discount credits are not given to the entire policy premium. Most cut individual premiums such as medical payments or collision. So despite the fact that it appears you could get a free insurance policy, it doesn’t quite work that way.

For a list of insurance companies offering insurance discounts, follow this link.

Tailor your coverage to you

When it comes to buying coverage for your vehicles, there isn’t really a best way to insure your cars. Everyone’s situation is a little different.

These are some specific questions can help discover if your situation could use an agent’s help.

  • Am I covered when driving someone else’s vehicle?
  • When would I need additional glass coverage?
  • Do I really need UM/UIM coverage?
  • Is my trailer covered?
  • Should I buy only the required minimum liability coverage?
  • Does medical payments coverage apply to all occupants?
  • Do I need an umbrella policy?
  • Which companies will insure high-risk drivers?
  • Will my vehicle be repaired with OEM or aftermarket parts?

If you can’t answer these questions but you know they apply to you then you might want to talk to a licensed insurance agent. If you don’t have a local agent, fill out this quick form. It’s fast, free and can help protect your family.

Car insurance policy coverages for a Nissan Xterra

Knowing the specifics of your policy can help you determine which coverages you need for your vehicles. The coverage terms in a policy can be confusing and nobody wants to actually read their policy.

Comprehensive coverages

This coverage will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as theft, hitting a bird, fire damage, damage from flooding and hitting a deer. The most you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Collision coverage protection

Collision coverage pays for damage to your Xterra resulting from a collision with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things like sustaining damage from a pot hole, damaging your car on a curb, crashing into a building, colliding with a tree and scraping a guard rail. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.

Auto liability insurance

Liability coverage can cover damage that occurs to other people or property. It protects you from claims by other people. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 100/300/100 that means you have $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability coverage pays for things like loss of income, funeral expenses and structural damage. The amount of liability coverage you purchase is a personal decision, but consider buying as much as you can afford.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses like X-ray expenses, pain medications and ambulance fees. They are utilized in addition to your health insurance program or if there is no health insurance coverage. They cover all vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Uninsured and underinsured coverage

This provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your 2002 Nissan Xterra.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Be a penny pincher

We just covered some good ideas how you can get a better price on 2002 Nissan Xterra insurance. The key concept to understand is the more rate quotes you have, the better likelihood of reducing your rate. Consumers could even find that the best prices are with the smaller companies.

When you buy insurance online, make sure you don’t reduce needed coverages to save money. There have been many situations where consumers will sacrifice liability coverage limits and discovered at claim time that it was a big error on their part. Your goal should be to buy enough coverage at an affordable rate while not skimping on critical coverages.

Budget-conscious insurance can be bought on the web as well as from independent agents, so compare prices from both to have the best chance of lowering rates. There are still a few companies who don’t offer online price quotes and many times these regional insurance providers only sell through independent insurance agents.

To learn more, take a look at these articles: