Save Money on Nissan Altima Insurance in Dallas

Insurance quote for Nissan Altima in DallasWish you could get out of an expensive car insurance policy? It’s quite common and there are lots of Dallas residents who feel the same.

Astonishing but true according to a recent study, over 70% of Texas drivers kept their coverage with the same car insurance company for more than four years, and almost 40% of drivers have never quoted car insurance rates at all. With the average premium in America being $1,847, drivers could save about $850 a year, but they just don’t understand how easy it is to do a rate comparison.

Steps to quoting cheaper Nissan Altima insurance in Dallas

The easiest way to save on car insurance rates is to regularly compare quotes from companies who sell auto insurance in Dallas. Rates can be compared by completing these steps.

The key aspect of shopping around is that you use the same level of coverage on each quote request and and to get price estimates from every company you can. Doing this provides a fair price comparison and a complete price analysis.

Popular companies such as State Farm, Farmers Insurance, GEICO and Allstate continually hit you with advertising and it is challenging if not impossible to not get sucked in by the cute commercials and find the best price available.

Lowering your insurance rates is actually quite simple. Drivers just need to take a few minutes comparing rates online with multiple companies.

Online shopping is fast and free, and it makes it obsolete to spend your day driving to each insurance agency near you. Comparing Nissan Altima insurance rate quotes online reduces the need to sit down with an agent unless you want the professional abilities that can only be provided by a licensed insurance agent. Drivers can compare the best prices online and have a local agent actually service the policy.

The providers in the list below are our best choices to provide price comparisons in Texas. If more than one company is shown, it’s highly recommended you visit as many as you can to get the lowest price.

Rates and other information

The premium table shown next showcases a range of insurance costs for Nissan Altima models. Having insight into how insurance policy premiums are formulated can assist in making smart choices when choosing a car insurance company.

Nissan Altima Insurance Rates in Dallas, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Altima 2.5 4-Dr Sedan $202 $384 $514 $30 $154 $1,284 $107
Altima 2.5 S 4-Dr Sedan $202 $452 $514 $30 $154 $1,352 $113
Altima Hybrid 4-Dr Sedan $228 $452 $514 $30 $154 $1,378 $115
Altima 2.5 S 2-Dr Coupe $228 $452 $582 $34 $174 $1,470 $123
Altima 3.5 SR 4-Dr Sedan $228 $452 $514 $30 $154 $1,378 $115
Altima 3.5 SR 2-Dr Coupe $228 $520 $582 $34 $174 $1,538 $128
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Data rating is based on single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, multi-policy, and homeowner. Information does not factor in specific location which can modify prices noticeably.

Higher deductibles save money

One of the more difficult decisions when buying auto insurance is the level to set your comp and collision deductibles. The data tables below show the rate fluctuation between low and high physical damage deductibles. The first rate estimation uses a $250 physical damage coverage deductible and the second rate chart uses a $1,000 deductible.

Nissan Altima insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Altima 2.5 4-Dr Sedan $294 $496 $382 $22 $114 $1,333 $111
Altima 2.5 S 4-Dr Sedan $294 $584 $382 $22 $114 $1,421 $118
Altima Hybrid 4-Dr Sedan $332 $584 $382 $22 $114 $1,459 $122
Altima 2.5 S 2-Dr Coupe $332 $584 $430 $26 $128 $1,525 $127
Altima 3.5 SR 4-Dr Sedan $332 $584 $382 $22 $114 $1,459 $122
Altima 3.5 SR 2-Dr Coupe $332 $672 $430 $26 $128 $1,613 $134
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Nissan Altima insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Altima 2.5 4-Dr Sedan $182 $312 $382 $22 $114 $1,012 $84
Altima 2.5 S 4-Dr Sedan $182 $368 $382 $22 $114 $1,068 $89
Altima Hybrid 4-Dr Sedan $206 $368 $382 $22 $114 $1,092 $91
Altima 2.5 S 2-Dr Coupe $206 $368 $430 $26 $128 $1,158 $97
Altima 3.5 SR 4-Dr Sedan $206 $368 $382 $22 $114 $1,092 $91
Altima 3.5 SR 2-Dr Coupe $206 $424 $430 $26 $128 $1,214 $101
Get Your Own Custom Quote Go

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Table data does not factor in specific zip code location which can influence coverage prices greatly.

We can derive from the above data that using a $250 deductible costs about $30 more each month or $360 annually across all Nissan Altima models than requesting the higher $1,000 deductible. Because you would pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to have at a minimum 25 months between claims, you would more than likely save some money going with the higher deductible.

The diagram below shows how choosing a deductible and can change Nissan Altima insurance costs for different age groups. The premium estimates are based on a single female driver, full coverage, and no discounts are taken into consideration.

Impact of speeding/accidents on auto insurance rates

The example below demonstrates how traffic citations and at-fault accidents raise Nissan Altima insurance premiums for different age groups of insureds. The prices are based on a married male driver, full coverage, $100 deductibles, and no discounts are factored in.

Price comparison of only insuring for liability

The diagram below visualizes the comparison of Nissan Altima insurance prices when comparing full coverage to liability only. The data assumes a clean driving record, no claims, $500 deductibles, single marital status, and no discounts are taken into consideration.

Are you wasting money on full coverage?

There is no written rule that works best for making the decision to drop comprehensive and collision coverage on your policy, but there is a general convention. If the annual cost of coverage is more than around 10% of the vehicle’s replacement cost less your deductible, the it may be a good time to stop paying for full coverage.

For example, let’s assume your Nissan Altima replacement value is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would receive is $5,000 after paying your policy deductible. If you are currently paying more than $500 annually for comprehensive and collision coverage, then it’s probably a good time to buy liability coverage only.

There are some cases where dropping physical damage coverage is not recommended. If you have an outstanding loan on your vehicle, you must maintain physical damage coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should not opt for liability only.

Car insurance does more than just repair your car

Even though Dallas Altima insurance rates can get expensive, buying car insurance is required by state law in Texas and it also provides benefits you may not be aware of.

First, just about all states have compulsory liability insurance requirements which means you are required to buy a specific level of liability coverage if you want to drive legally. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.

Second, if you have a lien on your vehicle, almost every bank will require you to have full coverage to guarantee their interest in the vehicle. If you do not keep the policy in force, the lender may have to buy a policy to insure your Nissan for a lot more money and make you pay the higher premium.

Third, car insurance preserves both your Nissan Altima and your assets. Insurance will also pay for many types of medical costs incurred in an accident. Liability coverage also pays expenses related to your legal defense if you are named as a defendant in an auto accident. If you have damage to your Nissan as the result of the weather or an accident, comprehensive and/or collision insurance will pay to restore your vehicle to like-new condition.

The benefits of having insurance more than cancel out the cost, especially for larger claims. According to a survey of 1,000 drivers, the average driver overpays more than $865 each year so it’s very important to do a rate comparison at every renewal to ensure rates are competitive.

Nissan Altima Insurance Costs Can Be More Affordable

Part of the car insurance buying process is learning some of the elements that help determine your premiums. If you understand what impacts premium levels, this empowers consumers to make smart changes that will entitle you to cheaper rates.

Don’t give up on cheaper coverage

When shopping online for auto insurance, it’s very important that you do not buy poor coverage just to save money. There are a lot of situations where an accident victim reduced liability limits or collision coverage only to find out that the savings was not a smart move. The ultimate goal is to purchase a proper amount of coverage at the best possible price.

We just covered many tips how you can shop for Nissan Altima insurance online. The most important thing to understand is the more rate quotes you have, the better likelihood of getting cheaper Dallas auto insurance quotes. You may even find the lowest rates are with a lesser-known regional company. Regional companies can often insure niche markets at a lower cost than their larger competitors like Allstate and Progressive.

How to find low-cost Nissan Altima insurance in Dallas

The recommended way to get cheaper car insurance rates is to compare prices once a year from different companies in Dallas.

First, take a few minutes and learn about how insurance works and the factors you can control to lower rates. Many risk factors that cause rate increases such as inattentive driving and an unacceptable credit rating can be controlled by making minor changes to your lifestyle.

Second, compare rates from direct, independent, and exclusive agents. Exclusive and direct companies can only provide price estimates from a single company like GEICO or State Farm, while independent agents can provide price quotes for a wide range of insurance providers.

Third, compare the new rate quotes to the price on your current policy to determine if you can save on Altima insurance. If you find better rates and switch companies, make sure coverage is continuous and does not lapse.

Fourth, tell your current company of your intent to cancel your current coverage and submit the required down payment along with the signed application to your new company or agent. When you receive it, put the certificate verifying coverage along with your vehicle registration.

An important bit of advice to remember is to try to compare the same amount of coverage on every quote and and to get price estimates from as many companies as you can. This guarantees an apples-to-apples comparison and a complete selection of prices.

Much more information about auto insurance in Texas is available below: