Who Has Affordable Car Insurance Rates for a Nissan Altima in Austin?

Nissan Altima insurance image courtesy of QuoteInspector.com

Finding cheaper insurance for a Nissan Altima can be really easy, but it hinges on a lot of rating factors such as annual miles driven, whether or not you have filed claims in the past, and driving violations. Texas drivers will pay around $1,420 each year to insure their Altima, but that figure is calculated using a 30-year-old single male driver with full comprehensive and collision coverage and $250 deductibles.

But there is a high likelihood that you aren't exactly 30 years old or even a male, married instead of single, and you want different coverage limits than the example. This illustrates why the way we recommend to find cheap insurance prices for your Nissan is to just compare rates yourself.

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The trim level of your Nissan tends to have a direct effect on the yearly cost, so the cost to insure a Altima 2.5 4-Dr Sedan trim level will be $304 less than the price to insure the more expensive Altima 3.5 SR 2-Dr Coupe trim level, as shown in the table below.

Table data represents single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, claim-free, and safe-driver. Rate quotes do not factor in the specific area where the vehicle is garaged which can modify coverage rates considerably.

Comparing rates for reasonably-priced insurance is difficult, and deciding which companies offer the lowest-priced insurance rates for a Nissan Altima takes a little more work. Each insurer has a unique formula to set their prices, so let's take a look at the most budget-friendly insurance companies in Texas.

It's a good idea to know that Austin insurance rates are based on many factors that will increase or decrease the cost of a policy. Improving your credit score, buying a different vehicle, or getting a driving violation can trigger rate changes resulting in some companies being way too expensive in comparison to the competition.

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Travelers quotes some of the best car insurance rates in Austin at around $1,021 a year. This is $883 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance would also be considered some of the lowest-priced Austin, TX car insurance companies.

As depicted above, if you buy coverage from Texas Farm Bureau and switched to Travelers, you could see yearly savings of in the neighborhood of $214. Policyholders with Germania Mutual could save as much as $273 a year, and Esurance customers might lower prices by $358 a year.

To see if your current coverage is too expensive, click here to get a free quote or visit any of the companies below.

Be aware that those policy rates are averaged for all insureds and vehicles and and are not figured with a specific vehicle garaging location for a Nissan Altima. So the company that fits you best may not even be in the top 23 companies in the list above. That emphasizes why you need to quote rates from as many companies as possible using your own driver information and specific vehicle type.

Rate difference between full and liability-only coverage

Paying a lower price for insurance is probably important to most drivers, and one common way to reduce the cost of insurance for a Nissan Altima is to not buy comprehensive and collision coverage. The chart below illustrates the comparison of car insurance costs with and without physical damage coverage. The information is based on a clean driving record, no claims, $1,000 deductibles, drivers are not married, and no discounts are applied.

If averaged for all ages, physical damage coverage on your policy costs an additional $2,022 per year more than just buying liability only. That may make you wonder if it's worth it to buy full coverage. There is no exact formula of when to phase out physical damage coverage on your policy, but there is a general convention. If the yearly cost of comp and collision coverage is more than around 10% of replacement cost minus your deductible, then it could be time to drop full coverage.

For example, let's say your vehicle's settlement value is $6,500 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $5,500 after paying the physical damage deductible. If premiums are more than $550 annually to have full coverage, then you may need to consider dropping full coverage.

The benefits of price comparisons

Texas insurance rates are impacted by many things that will increase or decrease the price you have to pay for coverage. Improving your credit rating, buying another vehicle, or getting a reckless driving citation can produce rate changes that can cause some rates to be cheaper than competitors. Not only may your situation change, but insurance companies amend pricing multiple times each year to reflect underwriting profits or losses. Heavy losses can result in additional premium costs, while a better loss history may produce lower-priced Altima insurance rates.

For instance, the chart below shows which companies have the cheapest car insurance in Austin, TX for a 35-year-old male driver with a clean driving record, no accidents, and solid credit. When quoting prices based on his current rating profile, Travelers offers the cheapest car insurance rates in Austin at $1,116 a year. This is $788 less than the average rate paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also make the list of the most affordable Austin, TX auto insurance companies.

Let's now give the driver from the first set of rates a claim, slightly worse credit, and a couple of points charged on his driving record. Since each company uses a different method to determining premium rates, comparing insurance quotes could now result in a substantially altered list of cheap Austin auto insurance companies as shown below.

Mercury now has the best price on car insurance in Austin, TX with State Farm, Nationwide, USAA, and Safe Auto also having competitive pricing. This demonstrates why Texas drivers need to shop around with many companies to find the most budget-friendly auto insurance quotes for a Nissan Altima.

Car insurance prices can be altered by many factors and can decrease or increase without notice, so the lowest-price company the last time you checked may now be quite expensive.

How to find the cheapest auto insurance for a Nissan Altima

Lowering your rates is not difficult, and here are many penny-pinching ideas that can help Austin drivers get low-cost coverage.

• Too many claims can make car insurance unaffordable
• Improve your credit rating
• Bundle home and auto and save
• Buy vehicles with good safety ratings
• Increase your comprehensive and collision deductibles
• If your vehicles are older, consider dropping full coverage
• Shop around for cheaper prices

The last suggestion is incredibly important, as we emphasized in the article above. Coverage prices can be adjusted at any time, so drivers shouldn't be resistant to buy from a new company if you can save money.

We understand brand loyalty, but we do not recommend it if that loyalty ends up costing potentially thousands of dollars a year. Spend a few minutes and compare rates to find cheaper car insurance for a Nissan Altima in Austin.

The professional agents shown below can provide answers to your questions and help you determine which coverage fits your budget, since some people have coverage questions and would like to have some advice when shopping for cheaper insurance for a Nissan Altima. It can be difficult to find the best rates on your own, and a professional agent can provide peace of mind knowing you have adequate coverage when you need it most.

To find an auto insurance agency nearest to you, click the button after the list.

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