The average Nissan Versa car insurance cost can vary considerably depending on multiple factors, including driver age, location and credit history. Older vehicles tend to cost less in insurance due to depreciation and reduced risk factors for insurers.
Drivers who log fewer miles typically see lower auto insurance premiums; however, this may vary by state and insurer.
Cost of Insuring a Nissan Versa
Before purchasing a Nissan Versa car, it may be helpful to research its average car insurance cost. Doing this will enable you to better plan for monthly car expenses. Some factors that influence car insurance rates include its model and safety ratings as well as your location, driving history and age; additional savings could come through multiple-vehicle discounts or bundling your home and auto policies together.
On average, insuring a Nissan Versa costs about $1,278 annually to cover comprehensive, collision and liability coverage. The annual insurance rate for the Versa is about 10% higher than its national counterpart; you may be able to find more cost-effective plans by shopping around and comparing quotes online.
The Nissan Versa has a high theft rate and lower than average repair costs, which could impact your insurance premiums. You could save money by choosing a vehicle equipped with advanced safety features such as anti-lock braking systems, automatic seatbelts, and air bags - plus getting your credit score report before purchasing one as this could also have an effect on insurance premiums.
Consider how much driving you do each year when estimating how much insurance to purchase. Drivers who cover less miles tend to have safer records, leading to reduced premiums; however, make sure your policy meets all your driving needs.
Your insurance premium may depend on where you reside; rural locations often see less frequent physical damage claims than densely populated areas. Furthermore, traffic violations have an effect on car insurance premiums so it's wise to stay on top of them as soon as they arise in order to ensure an appropriate car policy premium rate.
The average Nissan Versa insurance rates depend on several variables, such as its value and safety rating as well as your age, gender, driving record and vehicle type. You may be able to lower your rates by maintaining a clean driving history with regular driving practice while working stable jobs and being married - these could all lower premiums considerably.
Cost of Collision Coverage
Car insurance rates differ based on state and driver, car model/year/type/type of coverage purchased and discounts available - such as those for students with good grades, military members and senior citizens. To find the best Nissan Versa insurance rate quotes be sure to compare multiple insurance companies before making your choice.
Nissan Versa car insurance costs can average about $1,372 annually - this figure is roughly in line with average rates for other small cars such as Honda Accord and Ford Fusion models, yet significantly cheaper than full coverage policies which typically run about $2,082.
Full coverage car insurance - or liability and collision coverage - protects drivers against the damages caused by other drivers, such as damage to their vehicles, medical expenses and property. Lenders usually require it when leasing or financing a vehicle; liability coverage covers your expenses in case of an accident as well; although not mandated by all drivers it's still worthwhile investing in this kind of protection.
If you are shopping around for car insurance for a Nissan Versa, be sure to consider its age and model when making comparisons. Older vehicles tend to cost less as their value depreciates more quickly compared to newer models; if you are trying to secure the lowest possible rate on it though, purchasing just liability coverage could save money.
An additional factor affecting the cost of car insurance for your Nissan is how frequently you drive. Drivers who take shorter trips tend to get fewer tickets and accidents, and thus pay lower insurance premiums; younger drivers will typically face higher premiums as they are considered riskier drivers.
Though the Nissan Versa may be one of the least-expensive cars to insure, other factors may impact your rates such as driving record and credit score. Some insurers may charge additional premiums for older vehicles as they pose greater theft risks than their newer counterparts.
Cost of Comprehensive Coverage
The average Nissan Versa insurance cost will depend on various factors, including driver age, state, coverage level and driving record as well as factors pertaining to safety ratings, model year and location of their car. Drivers should compare quotes from multiple insurers in order to find the most cost-effective rates.
MoneyGeek conducted thousands of quotes analysis on Nissan Versa insurance rates to arrive at an average annual premium estimate. While these may differ based on driver profile or location, for personalized quotes just enter your ZIP code and compare quotes from top-rated providers.
Liability coverage for your Nissan Versa is an optional policy designed to pay for any damage you cause in an accident you cause, such as property or personal injuries to third parties. Most states mandate this type of coverage; some also offer personal injury protection (PIP).
Collision insurance for the Nissan Versa provides coverage in case of an accident, protecting both drivers and passengers as well as any repairs necessary to get your car back on the road. While collision coverage is usually required when financing or leasing a vehicle, some drivers choose to purchase it even when owning one outright.
Nissan Versa drivers can add many other optional coverages to their policy in addition to liability and collision. These may include comprehensive, medical payments and personal injury protection - the latter is even required in certain states as it helps cover medical bills and lost wages after an accident occurs.
The cost of insuring a Nissan Versa can vary dramatically by state, as shown in the table below. New York and Florida drivers typically face higher premiums than those living in California or Hawaii; these figures don't account for discounts such as multi-vehicle or good driver discounts that might apply.
Cost of Liability Coverage
Liability coverage typically costs an average of $84 per month on average for a Nissan Versa car insurance policy, covering medical costs and property damage caused by accidents you are at fault for. Most states mandate drivers have some minimum amount of liability coverage; specifics vary by state. Furthermore, liability premiums depend on several factors; for instance if you have recent traffic violations or have made insurance claims before; these could increase significantly your rates.
Full coverage car insurance on an average Nissan Versa costs about $145 monthly and provides repairs following accidents, natural disasters or vandalism or theft. Lenders often require this form of protection as part of financing or leasing arrangements for your Versa.
Insurance companies take several factors into consideration when setting rates. Women generally tend to pay less than men for car insurance due to being less likely to accrue speeding tickets or become involved in collisions, and insurance providers take safety ratings into account when setting premiums - for instance, small and compact vehicles with lower crash test ratings usually command higher premiums than larger, safer models.
Finding the lowest car insurance rates for your Nissan Versa can be accomplished through comparison shopping from various providers. Use our free comparison tool to quickly obtain personalized quotes in minutes, while learning about factors affecting your rates such as safe driving incentives or bundling policies. By shopping around and taking advantage of all available discounts, your rates could significantly drop; in fact, taking full advantage of all available savings could save you up to $500 annually just by making some simple modifications to your policy!