Save on 2004 Nissan Maxima Car Insurance Cost

Trying to find lower auto insurance rates for your Nissan Maxima? Perplexed by the dozens of auto insurance choices? Many other drivers are as well. You have so many options available that it can quickly become a lot of work to find the lowest price.

It is always a good idea to price shop coverage periodically because prices are adjusted regularly by insurance companies. Despite the fact that you may have had the best price on Maxima coverage a couple years back you may be paying too much now. Forget all the misinformation about auto insurance because I’m going to let you in on the secrets to the easiest way to eliminate unnecessary coverages and save money.

If you have car insurance now, you will be able to lower your premiums substantially using these methods. This information will instruct you on the most effective way to quote insurance and some tricks to saving. But car owners must learn how big insurance companies determine prices and apply this information to your search.

Take advantage of discounts

The cost of insuring your cars can be expensive, but you can get discounts to cut the cost considerably. Certain discounts will be triggered automatically at the time of purchase, but less common discounts must be asked for in order for you to get them.

  • Accident Free – Good drivers with no accidents can earn big discounts as compared to accident-prone drivers.
  • Multi-policy Discount – When you have multiple policies with the same insurance company you will save at least 10% off all policies.
  • E-sign – Some insurance companies give back up to $50 for buying a policy and signing up online.
  • Government Employees – Employees or retirees of the government could cut as much as 10% off on Maxima coverage depending on your company.
  • Safe Drivers – Insureds without accidents can pay as much as 50% less on Maxima coverage than their less cautious counterparts.
  • Save with a New Car – Adding a new car to your policy can cost up to 25% less compared to insuring an older model.
  • Theft Prevention System – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and will save you 10% or more.
  • Payment Discounts – If you pay your bill all at once instead of paying each month you could save 5% or more.
  • Drivers Ed for Students – Cut your cost by having your teen driver take driver’s ed class in high school.

It’s important to note that most discount credits are not given to the entire cost. The majority will only reduce specific coverage prices like collision or personal injury protection. So when it seems like adding up those discounts means a free policy, companies don’t profit that way. Any qualifying discounts will reduce your overall premium however.

To see a list of companies with discount insurance coverage rates, click here.

How to Compare Insurance Coverage

Most major insurance companies provide coverage prices on their websites. Getting online rates is pretty painless as you just enter your required coverages into the quote form. Upon sending the form, the company’s rating system automatically retrieves credit information and your driving record and quotes a price based on these factors.

Being able to quote online simplifies rate comparisons, but the work required to visit a lot of sites and complete many quote forms is monotonous and tiresome. But it is imperative to have as many quotes as possible in order to get the lowest possible prices on insurance coverage.

The smarter way to lower your rates uses one simple form that obtains quotes from several companies at one time. The form is fast, helps eliminate reptitive entry, and makes comparison shopping much more efficient. As soon as you send your information, it gets priced and you can select any one of the price quotes you receive.

If one or more price quotes are lower than your current rates, it’s easy to complete the application and buy the policy. The entire process can be completed in a matter of minutes and you will know how your current rates stack up.

In order to find out how much you’re overpaying now, click here to open in a new tab and submit your coverage information. To compare your current rates, we recommend you enter the coverages identical to your current policy. Doing this assures you will have a fair comparison for similar insurance coverage.

Why your Nissan Maxima insurance rates may be high

Consumers need to have an understanding of the different types of things that play a part in calculating the rates you pay for auto insurance. When you know what positively or negatively controls the rates you pay empowers consumers to make smart changes that can help you get much lower annual insurance costs.

Shown below are a partial list of the pieces used by your company to calculate your rates.

  • With age comes lower rates – Mature drivers are more responsible, file fewer claims and tend to be better behind the wheel. Teen drivers tend to be less responsible in a vehicle and because of this, their auto insurance rates are much higher.
  • Women pay lower rates – Statistics have proven that women are safer drivers than men. That doesn’t necessarily mean that women are better drivers. They both are in accidents at about the same rate, but men cause more damage. Men also have more aggressive citations such as reckless driving. Male drivers age 16 to 19 are the most expensive to insure and therefore are the most expensive to insure.
  • Do you know your deductibles? – Coverage for physical damage, otherwise known as comp (or other than collision) and collision, protects your Nissan from damage. A few examples of covered claims are a windshield shattered by a rock, collision with an animal, and rolling your vehicle. Deductibles for physical damage are the amount of money you are required to spend if you file a covered claim. The more money you have to pay, the less your auto insurance will be on Maxima coverage.
  • Your location affects your rates – Living in a small town can be a good thing when buying auto insurance. Less people living in that area means reduced accidents and a lower car theft rate. Urban drivers tend to have much more traffic to deal with and a longer drive to work. Longer commute distances means more change of being in an accident.
  • Poor credit can mean higher rates – Credit rating is a large factor in determining your rates. Consumers who have high credit ratings tend to be less risk to insure than drivers with lower ratings. Therefore, if your credit score can use some improvement, you could save money insuring your 2004 Nissan Maxima by repairing your credit.
  • Rates may be lower depending on your job – Did you know your job can affect your rates? Occupations like doctors, social workers and stock brokers are shown to have the highest rates due to stressful work requirements and lots of time spent at work. On the other hand, professions such as pilots, students and homemakers pay the least on Maxima coverage.
  • Claim-free discounts can add up – Auto insurance companies award lower rates to insureds who do not file claims often. If you are a frequent claim filer, you can expect either policy cancellation or increased premiums. Auto insurance is designed for the bigger claims that can’t be paid out-of-pocket.

How to know if you need help

When choosing the right insurance coverage, there really is no one size fits all plan. Everyone’s situation is unique.

Here are some questions about coverages that can aid in determining whether your personal situation may require specific advice.

  • Do I need replacement cost coverage on my 2004 Nissan Maxima?
  • Are all vehicle passengers covered by medical payments coverage?
  • Does liability extend to a camper or trailer?
  • Does coverage extend to a rental car in a foreign country?
  • What should my uninsured motorist coverage limits be in my state?
  • Do I pay less for low miles?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Why does it cost so much to insure a teen driver?
  • Am I getting all the discounts available?

If you can’t answer these questions but a few of them apply, you might consider talking to a licensed agent. If you don’t have a local agent, complete this form.

Are you falling for claims of savings?

Car insurance companies such as Progressive, Allstate and Geico continually stream ads in print and on television. They all seem to make an identical promise that you’ll save big after switching to them. How can each company make the same claim? This is how they do it.

All companies are able to cherry pick for the driver that earns them a profit. For instance, a desirable insured might be between 30 and 50, has no tickets, and has great credit. A propective insured who meets those qualifications will get the preferred rates and most likely will save when switching.

Potential insureds who fall outside this ideal profile will be charged a higher premium and ends up with the customer not buying. The ads state “customers who switch” but not “drivers who get quotes” save that much money. That’s why companies can advertise the savings.

That is why it’s extremely important to get as many comparisons as possible. Because you never know which car insurance company will have the lowest Nissan Maxima insurance rates.

Parts of your car insurance policy

Learning about specific coverages of car insurance aids in choosing the best coverages for your vehicles. Car insurance terms can be difficult to understand and even agents have difficulty translating policy wording.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and damage to your Nissan Maxima.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Usually these limits are similar to your liability insurance amounts.

Comprehensive insurance

Comprehensive insurance covers damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as hail damage, rock chips in glass and falling objects. The maximum payout a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage provide coverage for expenses such as dental work, X-ray expenses, funeral costs and ambulance fees. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. It covers both the driver and occupants as well as if you are hit as a while walking down the street. PIP is not an option in every state but can be used in place of medical payments coverage

Liability coverages

Liability coverage provides protection from damages or injuries you inflict on other people or property by causing an accident. It protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Some companies may use a combined single limit or CSL which limits claims to one amount rather than limiting it on a per person basis.

Liability insurance covers things such as court costs, bail bonds and repair bills for other people’s vehicles. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision protection

This coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for claims like crashing into a building, hitting a parking meter, rolling your car, backing into a parked car and crashing into a ditch. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. It’s also possible to increase the deductible to bring the cost down.

Summing up your auto insurance search

As you shop your coverage around, it’s very important that you do not buy poor coverage just to save money. There are many occasions where an accident victim reduced physical damage coverage only to discover later that the few dollars in savings costed them thousands. Your aim should be to purchase a proper amount of coverage at an affordable rate, not the least amount of coverage.

Budget-conscious 2004 Nissan Maxima insurance is possible both online and with local insurance agents, and you need to price shop both to have the best chance of lowering rates. Some insurance companies do not offer the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.

Drivers leave their current company for many reasons like policy cancellation, questionable increases in premium, delays in paying claims or delays in responding to claim requests. It doesn’t matter what your reason, switching companies is pretty simple and you could end up saving a buck or two.

More information can be read on the following sites: