Buying the best cheap coverage for a Nissan Altima in Nevada is dependent upon a complex formula that considers things such as how long your commute is, your credit history, and driving violations and tickets. Drivers pay around $1,157 a year to insure their Altima, but that is an estimation using a 40-year-old single female driver with full physical damage coverage and $250 deductibles.
The issue that arises when projecting rates is that it’s very likely that you may not be 40 years old (or even female), married instead of single, and you need different coverage limits than the sample rates. Just a very minor change in policy rating criteria or coverages may result in a big change in the coverage rate.
The different assumptions illustrate why the only way to find the most affordable coverage for your Nissan is to compare as many rates as possible.
Find Cheaper Nissan Altima Insurance
The trim level of your Altima will most likely have an effect on the yearly cost, so the price you will be charged to insure a Altima 2.5 4-Dr Sedan model will cost $262 less than the price to insure the higher-end Altima 3.5 SR 2-Dr Coupe model, as shown by the rates below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Altima 2.5 4-Dr Sedan||$228||$454||$400||$24||$120||$1,226||$102|
|Altima 2.5 S 4-Dr Sedan||$228||$534||$400||$24||$120||$1,306||$109|
|Altima Hybrid 4-Dr Sedan||$258||$534||$400||$24||$120||$1,336||$111|
|Altima 2.5 S 2-Dr Coupe||$258||$534||$452||$26||$136||$1,406||$117|
|Altima 3.5 SR 4-Dr Sedan||$258||$534||$400||$24||$120||$1,336||$111|
|Altima 3.5 SR 2-Dr Coupe||$258||$616||$452||$26||$136||$1,488||$124|
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Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Nevada minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, safe-driver, and claim-free. Premium amounts do not factor in specific Las Vegas garaging location which can raise or lower premium rates greatly.
Figuring out which companies have the cheapest car insurance rates for a Nissan Altima involves a bit more work in order to find the best policy. Every insurance company has their own unique process for filing rates in each state, so we’ll go over the most affordable car insurance companies in Nevada.
It’s important that readers know that Nevada car insurance rates are calculated based on many things that may substantially change the policy premium. Simply having another birthday, buying a home, or getting a driving violation may generate price changes that can cause some rates to be affordable when they were higher priced.
Best Cheap Insurance Rates for Your Altima
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Travelers may offer some of the lowest car insurance rates in Las Vegas at around $939 a year. This is $635 less than the average price paid by Nevada drivers of $1,574. Allied, Capital, Oregon Mutual, and Progressive also make the cut as some of the cheaper Las Vegas, NV insurance companies.
As the rates illustrate above, if you are currently insured with Oregon Mutual and switched to Allied, you could see yearly savings of upwards of $233. Nevada drivers with Progressive could save as much as $241 a year, and GEICO customers might reduce rates by $270 a year.
Understand that those estimates are averaged across all insureds and vehicles and are not factoring in a vehicle location for a Nissan Altima. So the car insurance company that fits you best may not even be in the top 20 companies shown above. That is why you need to get rate quotes from many companies using your own driver information and specific vehicle type.
The example below illustrates how your deductible choice can raise or lower insurance premiums when searching for cheap insurance for a Nissan Altima. The costs are based on a married male driver, full coverage, and no policy discounts are applied.
The data above shows that a 30-year-old driver could reduce rates by $366 a year by changing their physical damage coverage from a $100 deductible up to a $500 deductible, or save $552 by choosing a $1,000 deductible. Even younger insureds, like the 20-year-old category, could possibly save $1,120 each year by choosing a larger deductible amount.
If you do make the decision to raise your deductibles, it will be important to have enough in a savings account to offset the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.
Discounts on Las Vegas car insurance rates
Car insurance companies that offer coverage for a Nissan Altima may also provide rate discounts that could potentially reduce rates by 40% or more if you meet specific eligibility requirements. Companies and a summarized list of policyholder discounts can be read below.
- State Farm may offer discounts for good driver, Steer Clear safe driver discount, anti-theft, accident-free, and student away at school.
- Farmers Insurance has savings for distant student, multi-car, teen driver, mature driver, business and professional, early shopping, and electronic funds transfer.
- Progressive discounts include multi-vehicle, continuous coverage, homeowner, online signing, online quote discount, and multi-policy.
- GEICO offers premium reductions for air bags, federal employee, daytime running lights, five-year accident-free, multi-policy, multi-vehicle, and driver training.
- Auto-Owners Insurance may have discounts that include safe vehicle, good student, anti-lock brakes, multiple vehicles, group or association, air bags, and student away at school.
- The Hartford has discounts for bundle, good student, driver training, anti-theft, defensive driver, and vehicle fuel type.
- Farm Bureau includes discounts for 55 and retired, renewal discount, multi-policy, multi-vehicle, and youthful driver.
- USAA offers discounts for safe driver, driver training, vehicle storage, loyalty savings, family discount, and good student.
The chart below illustrates the difference between yearly insurance costs with and without policy discounts. The premiums assume a male driver, no claims or violations, Nevada state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows the average rate with no discounts. The second bar shows the rates with anti-theft, passive restraint, defensive driving course, multiple vehicle, multiple policy, and vehicle safety discounts applied. When taking advantage of discounts, the average amount saved each year on car insurance for a Nissan Altima is 28% or $548.
Drive responsibly or pay higher rates
The common sense way to earn low car insurance prices in Las Vegas for an Altima is to drive carefully and avoid tickets and accidents. The example below demonstrates how speeding tickets and fender-benders can raise insurance rates for each different age category. The premium estimates are based on a married female driver, comprehensive and collision coverage, $500 deductibles, and no policy discounts are applied.
In the prior example, the average cost of car insurance per year with no accidents and a clean driving record is $1,594. Get written up for two speeding tickets and the average cost jumps to $2,267, an increase of $673 each year. Then add one accident along with the two speeding tickets and the yearly cost of car insurance for a Nissan Altima jumps again to an average of $2,956. That’s an increase of $1,362, or $114 per month, just for not paying attention while driving!