Save on Nissan Maxima Insurance in Nashville

Discount Nissan Maxima insuranceIf you want to save the most money, the best way to get affordable Nissan Maxima insurance is to compare prices at least once a year from providers in Nashville. Drivers can shop around by completing these steps.

First, read and learn about how companies price auto insurance and the factors you can control to keep rates down. Many risk factors that cause high rates like traffic violations and a not-so-good credit rating can be improved by making minor changes in your lifestyle.

Second, quote rates from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only provide price estimates from a single company like GEICO or Allstate, while independent agencies can quote rates for a wide range of companies.

Third, compare the new rate quotes to your current policy and see if there is a cheaper rate in Nashville. If you find better rates and decide to switch, ensure there is no coverage lapse between policies.

Fourth, tell your current agent or company of your decision to cancel your current car insurance policy. Submit the completed application along with a down payment for your new policy. Immediately upon receiving it, keep your new certificate verifying proof of insurance along with your vehicle registration.

One piece of advice is that you’ll want to compare identical coverages on each quote request and and to analyze all possible companies. Doing this ensures an accurate price comparison and a thorough price selection.

A recent insurance study revealed that most insurance buyers in Tennessee have stayed with the same insurance company for at least four years, and nearly the majority have never compared rates to find cheaper insurance. With the average premium in the United States being $1,847, drivers can save hundreds of dollars each year just by comparing rates, but most just don’t grasp the rate savings if they swap their current policy for a cheaper one.

Finding and comparing the cheapest coverage in Nashville is actually quite simple. If you have coverage now or are shopping for new coverage, use these tips to lower your rates while maximizing coverage. Vehicle owners only need an understanding of the most efficient way to get comparison quotes from many different companies online.

Finding more affordable insurance quotes isn’t really that difficult. All you need to do is invest a few minutes to get quotes to find the company with affordable Nissan Maxima insurance quotes.

The car insurance companies shown below are our best choices to provide free quotes in Tennessee. If your goal is to find cheap auto insurance in Tennessee, it’s highly recommended you visit as many as you can to get a more complete price comparison.

Nissan Maxima insurance rates and statistics

The price information displayed next outlines estimates of policy rates for Nissan Maxima models. Learning a little about how car insurance prices are formulated can help guide drivers when making decisions when shopping your coverage around.

Nissan Maxima Insurance Rates in Nashville, TN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Maxima 3.5 S $274 $510 $350 $20 $104 $1,258 $105
Maxima 3.5 SV $274 $586 $350 $20 $104 $1,334 $111
Get Your Own Custom Quote Go

Prices above based on single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Tennessee minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-policy, and multi-vehicle. Premium amounts do not factor in garaging location in Nashville which can alter premiums substantially.

Raise deductibles and save

One of the hardest decisions when shopping for car insurance is how high should the physical damage deductibles be. The premium rates below determine the rate differences when you choose different insurance deductibles. The first table uses a $100 comprehensive and collision deductible and the second set of prices uses a $1,000 deductible.

Nissan Maxima insurance prices with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Maxima 3.5 S $312 $528 $288 $18 $86 $1,257 $105
Maxima 3.5 SV $312 $608 $288 $18 $86 $1,337 $111
Get Your Own Custom Quote Go

Nissan Maxima insurance prices with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Maxima 3.5 S $174 $278 $288 $18 $86 $844 $70
Maxima 3.5 SV $174 $320 $288 $18 $86 $886 $74
Get Your Own Custom Quote Go

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Rates do not factor in specific location information which can increase or decrease insurance rates considerably.

Based on this data, using a $100 deductible costs approximately $36 more each month or $432 each year averaged for all Maxima models than quoting the higher $1,000 deductible. Because you would pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to go at least 25 months between claims, you would save more money if you opt for a higher deductible. The illustration below shows how this determination is made.

Average monthly premium for $100 deductibles: $108
Average monthly premium for $1,000 deductibles (subtract): – $72
Monthly savings from raising deductible: $36
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $36
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 25 months

An important sidenote is that raising deductibles results in having to pay to pay more out-of-pocket when you have a physical damage claim. You must have enough extra money in order to pay the deductible to have repairs made.

The diagram below demonstrates how deductible levels and can raise or lower Nissan Maxima insurance costs for different age groups of insureds. The premium estimates are based on a married male driver, full physical damage coverage, and no discounts are applied.

Nissan Maxima Insurance Premium Factors

Lots of things are part of the equation when you quote your car insurance policy. Most are fairly basic like a motor vehicle report, but others are not as apparent like your vehicle usage or your commute time. Part of the car insurance buying process is learning the different types of things that aid in calculating your policy premiums. When consumers understand what controls the rates you pay, this empowers consumers to make smart changes that could help you find better car insurance rates.

Listed below are most of the major factors car insurance companies consider when setting premiums.

Older drivers save more – Inexperience drivers are proven to get distracted easily when at the wheel of a vehicle so car insurance rates are higher. Older insureds are viewed as being more responsible, statistically cause fewer accidents, and are safer drivers.

The data below is based on a single driver, full coverage with $100 deductibles, and no discounts or violations.

Liability coverage preserves assets – The liability coverage on your policy is the coverage that protects you if ever a jury decides you are liable for physical damage or personal injury to other. Liability insurance provides legal defense starting from day one. Liability insurance is quite affordable compared to physical damage coverage, so drivers should make sure they buy enough to cover all assets.

Gender is a factor – Over the last 30 years, statistics show women tend to be less risk to insure than men. That doesn’t necessarily mean that males are worse at driving than females. Females and males are in auto accidents in similar percentages, but the male of the species cause more damage and cost insurance companies more money. In addition to higher claims, males also get ticketed for serious violations like DWI (DUI) or reckless driving. Male teenagers are the most expensive to insure so it costs more to insure them.

The example below shows the comparison of Nissan Maxima insurance costs for male and female drivers. The rate quotes are based on no driving violations, no at-fault accidents, comprehensive and collision coverage, $1,000 deductibles, marital status is single, and no discounts are applied to the premium.

Rates can drop if you have more than one policy – Some insurers apply lower prices to insureds that purchase more than one policy such as combining an auto and homeowners policy. Even if you already get this discount, consumers should still compare other company rates to confirm you are receiving the best rates possible. It’s possible to still find better rates by splitting coverages up.

Three reasons to not skimp on insurance

Despite the high cost, insurance is required in Tennessee but it also protects you in many ways.

The benefits of buying enough insurance are without a doubt worth the cost, especially if you ever need it. The average driver in America overpays more than $855 a year so it’s recommended you shop around at every policy renewal to be sure current rates are still competitive.

How to find a good Tennessee auto insurance company

Insuring your vehicle with a highly-rated insurance provider can be a challenge considering how many companies sell insurance in Tennessee. The ranking data shown below may help you decide which car insurance providers you want to consider purchasing a policy from.

Top 10 Nashville Car Insurance Companies Ranked by Customer Service

  1. USAA
  2. Travelers
  3. Mercury Insurance
  4. AAA Insurance
  5. Nationwide
  6. Safeco Insurance
  7. Progressive
  8. State Farm
  9. The Hartford
  10. The General