When writing about auto insurance, the word “cheap” really shouldn’t be used anywhere in the article to describe car insurance rates. It’s just a fact that cheap car insurance for a Nissan Altima is pretty hard to find. Don’t let that spoil your day, because we will show you how you can still get coverage that is more affordable than your current policy.
The likelihood of finding cheap insurance for a Nissan Altima in Vermont depends upon an enormous amount of rating factors like if you are married or single, if you have a tendancy to file claims, and if you have any chargeable driving offenses. Drivers pay an average rate of $780 annually to buy Nissan Altima insurance, but that figure is an estimate based on cost data for a 40-year-old single male who requires full physical damage coverage and $500 policy deductibles.
More likely than not, you’re not a 40-year-old male, maybe you are married instead of single, or maybe your Altima is old enough that it doesn’t require full coverage. This example demonstrates why your best chance at finding cheap insurance rates for your Nissan is to do your own rate comparisons. Get a free quote now and you will be able to compare rates from the best companies that sell coverage in Vermont.
Your vehicle’s trim level will be a contributing factor to the insurance rate, so the rate you will pay to insure a Altima 2.5 4-Dr Sedan model will be $174 cheaper than the cost to insure the more costly Altima 3.5 SR 2-Dr Coupe version, as shown below.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
Altima 2.5 4-Dr Sedan | $146 | $286 | $288 | $18 | $86 | $824 | $69 |
Altima 2.5 S 4-Dr Sedan | $146 | $338 | $288 | $18 | $86 | $876 | $73 |
Altima Hybrid 4-Dr Sedan | $166 | $338 | $288 | $18 | $86 | $896 | $75 |
Altima 2.5 S 2-Dr Coupe | $166 | $338 | $324 | $20 | $98 | $946 | $79 |
Altima 3.5 SR 4-Dr Sedan | $166 | $338 | $288 | $18 | $86 | $896 | $75 |
Altima 3.5 SR 2-Dr Coupe | $166 | $390 | $324 | $20 | $98 | $998 | $83 |
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Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Vermont minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, safe-driver, and homeowner. Table data does not factor in zip code location which can impact premium rates considerably.
Insuring your vehicle with a high-quality insurer can be rather challenging considering how many companies are available to choose from in Vermont. The rank data in the next section may help you pick which companies to look at when trying find the best insurance for a Nissan Altima.
The ratings below are for large, nationwide insurance companies, so smaller regional companies are not included in these rankings. If you’d like to compare prices from these and other top-rated companies, simply click here.
Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
---|---|---|---|---|---|---|
The General | 96 | 100 | 92 | 91% | A- | 95 |
The Hartford | 88 | 96 | 91 | 93% | A+ | 92.6 |
Progressive | 84 | 94 | 99 | 90% | A+ | 92.4 |
Travelers | 84 | 93 | 100 | 87% | A++ | 92.3 |
State Farm | 84 | 93 | 95 | 87% | A++ | 91 |
Farmers Insurance | 87 | 92 | 90 | 85% | A | 90.6 |
Safeco Insurance | 85 | 91 | 87 | 86% | A | 88.4 |
USAA | 71 | 93 | 98 | 87% | A++ | 88 |
GEICO | 73 | 93 | 95 | 85% | A++ | 87.1 |
21st Century | 85 | 85 | 91 | 89% | A | 86.9 |
Liberty Mutual | 72 | 91 | 97 | 83% | A | 86.4 |
AAA Insurance | 85 | 85 | 88 | 86% | A | 85.8 |
Nationwide | 71 | 90 | 93 | 83% | A+ | 84.9 |
Allstate | 69 | 92 | 92 | 83% | A+ | 84.4 |
American Family | 77 | 96 | 80 | 85% | A | 83.8 |
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Data Source: Insure.com Best Car Insurance Companies
Car insurance companies that sell cheap insurance for a Nissan Altima in Vermont may also give you price discounts that could lower prices by as much as 35% or more if you qualify. A few of the larger companies and a selection of discounts are included below.
Discount | State Farm | Geico | Progressive | Allstate | Nationwide | Farmers | Liberty Mutual |
---|---|---|---|---|---|---|---|
Bundled policies | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Multiple vehicles | Yes | Yes | Yes | No | Yes | Yes | Yes |
Theft prevention | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Safe vehicle | Yes | Yes | No | Yes | No | No | Yes |
Air bags | Yes | Yes | No | Yes | Yes | Yes | Yes |
Daytime running lights | Yes | Yes | No | No | No | Yes | No |
New vehicle | Yes | No | No | Yes | Yes | Yes | No |
No accidents | Yes | Yes | Yes | Yes | Yes | Yes | No |
Defensive driver training | Yes | Yes | Yes | Yes | Yes | Yes | No |
Low mileage | Yes | No | Yes | Yes | Yes | No | Yes |
Armed forces | Yes | Yes | Yes | No | No | Yes | No |
Professional affiliation | No | Yes | No | No | Yes | Yes | Yes |
Pay in full | No | Yes | Yes | Yes | Yes | Yes | Yes |
Email statements | No | Yes | Yes | Yes | Yes | Yes | Yes |
Loyalty | Yes | No | Yes | No | Yes | Yes | No |
Good student | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Student at college | Yes | No | Yes | Yes | Yes | Yes | Yes |
Own a home | No | No | Yes | No | No | Yes | No |
Seat belt use | No | Yes | No | No | No | No | No |
Get quote online | No | No | Yes | No | No | No | No |
Teen driver | No | No | Yes | No | No | No | Yes |
Government employee | No | Yes | No | No | No | No | No |
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The chart below illustrates the difference between yearly insurance costs with and without discounts applied to the premium. The rates are based on a female driver, no claims or violations, Vermont state minimum liability limits, comprehensive and collision coverage, and $500 deductibles.
The first bar for each age group shows the average rate with no discounts. The lower bar shows the rates with multiple vehicle, anti-theft, multiple policy, passive restraint, accident-free, and claim-free discounts applied. When drivers qualify for the discounts, the the amount saved on insurance for a Nissan Altima is % or $.
google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Female Driver No Discounts’, ‘Female Driver with Discounts’],[‘Age 20’, 2155,1549],[‘Age 30’, 1469,1067],[‘Age 40’, 1369,993],[‘Age 50’, 1201,869],[‘Age 60’, 1161,843],[‘Age 70’, 1361,983]]);var options = {title: ‘Effect of Discounts on Insurance Rates for a Nissan Altima’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#c096ca’, ‘#e1b7ec’],hAxis: {title: ‘Annual Insurance Cost for a Nissan Altima’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}
The information below demonstrates how deductibles can increase or decrease insurance costs when trying to find cheap insurance for a Nissan Altima. The data assumes a single female driver, comprehensive and collision coverage, and no discounts are taken into consideration.
google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 2471,2257,2023,1799],[‘Age 30’, 1723,1567,1389,1221],[‘Age 40’, 1593,1453,1293,1141],[‘Age 50’, 1395,1271,1131,999],[‘Age 60’, 1347,1227,1095,965],[‘Age 70’, 1565,1431,1281,1139]]);var options = {title: ‘Deductible Levels and Nissan Altima Insurance Rates in Vermont’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Insurance Cost for a Nissan Altima’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}
In the chart above, a 40-year-old driver could lower rates by $264 a year by switching from a $100 deductible up to a $500 deductible, or save $396 by changing to a $1,000 deductible. Youthful drivers, like the Age 20 chart data, could shave $672 each year by using higher deductibles when buying full coverage. When choosing a higher deductible, it is important to have emergency funds available to satisfy the extra out-of-pocket expense that is associated with using high deductibles.
You have many ways to purchase insurance in Vermont, but the most preferred are either through a non-exclusive or independent agent, a captive (or exclusive) agent such as Allstate or Liberty Mutual, or from a direct company like Geico. Each way has the same basic process, but they are slightly different in how they price policies.
Independent insurance agencies have contracts with multiple insurance companies and can do rate comparisons with every one. Independent agents are usually affiliated with several companies and can give you a larger rate selection, which can help you get the best shot at cutting your rates. If you are not satisfied with one company, the agent simply finds a different carrier and you won’t have to switch agencies.
An agent who is captive is contracted to a single insurance company, two popular examples being State Farm and Auto-Owners agents. This type of agents cannot give you multiple price quotes, so it’s a take it or leave it situation.
Consumers who buy insurance direct skip an agent and instead shop from a direct company like Geico. This option can be good for consumers who do not need risk management and understand what coverages, limits, and deductibles they need.
So which of the methods works best for finding cheap insurance for a Nissan Altima in Vermont? It would be premature to say buying from a direct car insurance company results in the cheapest price because there isn’t an agent involved, but in reality, that argument does not hold true. And we’d like to say using an independent agent is the best way due to increased selection, but again, it’s not necessarily true. For the right applicant, the exclusive agents have coverage prices that cannot be met by either independent or direct companies.
Because of the variability of insurance rates, really the only way to buy the cheapest policy is to get quotes and compare. In a perfect world, youll get prices from all three in order to find the best price. For a list of insurance companies with low rates, click here to view.
Here are many penny-pinching ideas that can help Vermont drivers quote the cheapest coverage.
The last idea is especially necessary, as we discussed in this article. Auto insurance prices can be modified anytime, so don’t be hesitant to buy from a new company if a better rate can be found. Many consumers stick with the same company and that’s fine, but it’s not recommended if that loyalty ends up costing a small fortune year after year. In less than five minutes you could compare rates to find cheaper car insurance for a Nissan Altima.