Nissan Altima insurance cost image courtesy of QuoteInspector.com
Buying affordable auto insurance for a Nissan Altima is normally pretty easy, but it hinges on a fairly complex equation with a lot of factors such as whether you are married, where you live, and your choice of deductibles. Texas drivers will pay on average $1,547 each year to insure their Altima, but that cost is an approximation based upon a 40-year-old single male driver with full physical damage coverage and $100 deductibles.
If we were betting, you may not be 40 years old (or even male), you might be married instead of single, or maybe you want different physical damage deductibles. Just a very minor change in the factors used in pricing a policy can make a big difference in the cost of insurance for a Nissan Altima.
Auto insurance is unique to each driver, so the best method for finding the cheapest insurance price for your Nissan is to compare as many rates as you can. Get your free quotes now and you will receive price comparisons from the best companies that sell coverage in Texas.
Your Nissan's trim level will likely have an effect on the yearly cost, so the rate you pay to insure a Altima 2.5 4-Dr Sedan trim level will be $360 cheaper than the cost to insure the fancier Altima 3.5 SR 2-Dr Coupe model, as shown in the table below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Altima 2.5 4-Dr Sedan||$322||$682||$462||$28||$138||$1,632||$136|
|Altima 2.5 S 4-Dr Sedan||$322||$802||$462||$28||$138||$1,752||$146|
|Altima Hybrid 4-Dr Sedan||$362||$802||$462||$28||$138||$1,792||$149|
|Altima 2.5 S 2-Dr Coupe||$362||$802||$520||$30||$156||$1,870||$156|
|Altima 3.5 SR 4-Dr Sedan||$362||$802||$462||$28||$138||$1,792||$149|
|Altima 3.5 SR 2-Dr Coupe||$362||$924||$520||$30||$156||$1,992||$166|
|Get Your Own Custom Quote Go|
Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, claim-free, and safe-driver. Price information does not factor in Laredo location which can decrease or increase auto insurance rates significantly.
Picking a good quality car insurance provider can be rather challenging considering how many different insurance companies sell coverage in Texas. The rank data shown next could help you pick which car insurance companies to look at when shopping around.
These ratings are only made up of the largest auto insurers in America, so companies that may only write in Texas will not be included in this list. To compare prices from the most competitive companies in Texas, click this link.
Top 10 Large Auto Insurers Overall in Laredo
- Mercury Insurance
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
Get discounts on Laredo auto insurance rates
Insurers that sell policies for a Nissan Altima may also give you premium discounts that could lower prices by as much as 25% or more if you qualify for them. A list of companies and the discounts they provide can be read below.
- Progressive has savings for good student, multi-vehicle, online quote discount, online signing, and homeowner.
- GEICO offers premium reductions for five-year accident-free, good student, defensive driver, military active duty, and federal employee.
- State Farm offers discounts for multiple policy, good driver, safe vehicle, multiple autos, and passive restraint.
- Esurance may have discounts that include paid-in-full, defensive driver, good student, claim free, and emergency road assistance.
- The Hartford includes discounts for driver training, bundle, defensive driver, vehicle fuel type, air bag, and anti-theft.
The illustration below shows the difference between insurance costs with and without discounts applied to the rates. The premiums assume a male driver, no accidents or driving violations, Texas state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows the price with no discounts. The second shows the rates with vehicle safety, marriage, homeowner, claim-free, accident-free, and multiple vehicle discounts applied. When drivers take advantage of discounts, the average savings per year on auto insurance for a Nissan Altima is 28% or $637.
Here's why price comparisons are so important
Laredo, TX auto insurance rates are impacted by many things that will increase or decrease the cost of your policy. Getting older, buying a different home, or getting a driving violation can trigger rate changes that can cause some rates to be cheaper than competitors.
Not only may your risk profile change, but companies file new Texas auto insurance rates as often as every three months in order to remain profitable. Significantly higher losses can result in price increases, while less frequent claims may produce lower-cost Altima insurance rates.
To help illustrate this point, the chart below shows the cheapest car insurance in Laredo, TX for a 35-year-old male driver with no violations or accidents, and good credit. When quoting prices based on his personal risk profile, Travelers might offer the lowest car insurance rates in Laredo at $1,257 each year. This is $647 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty round out the rest of the cheapest Laredo, TX auto insurance companies.
Now let's give the driver in the first example an accident claim, a little lower credit rating, and a few blemishes on his driving record. Because each company has a proprietary method for setting rates, comparing insurance quotes may now present a different ranking of cheap Laredo auto insurance companies as shown below.
Mercury now has the cheapest rate in Laredo with State Farm, Safe Auto, Nationwide, and Texas Farm Bureau completing the list. This shows why drivers need to perform an extensive rate comparison when trying to get the most economical car insurance quotes for a Nissan Altima. Prices can be determined by many risk factors and can change substantially, so the cheapest option when you last compared rates may now be one of the higher cost companies.
The auto insurance agents in Laredo shown below can answer your questions and help you decide which auto insurance coverages would be the best in your situation, since lots of drivers aren't clear which coverage they need and would like to get some help when trying to find lower insurance rates for a Nissan Altima. It can be time-consuming to find the best policy yourself, and a professional agent can add comfort knowing your coverage gives you adequate asset protection.
To locate a Laredo auto insurance agent near you, click the button after the list or click here to get price quotes now.
- South Texas Insurance
4815 San Bernardo Ave - Laredo, TX 78041 - (956) 729-1010
- Insurance and Financial Services At Champions LLC
6019 McPherson Rd Ste 6 - Laredo, TX 78041 - (956) 717-5770
- Farmers Insurance - Pedro Sanchez
5916 San Bernardo Ave - Laredo, TX 78041 - (956) 722-8445
- All Around Insurance Agency, LLC
3401 N Arkansas Ave - Laredo, TX 78043 - (956) 712-1255