Who Has Cheap Insurance for a Nissan Versa in Alaska?

Buying cheaper car insurance for a Nissan Versa in Alaska hinges on lots of different factors such as your birth date, whether or not you have filed claims in the past, and the level of deductible you choose. Drivers in Alaska pay an average rate of $710 every 12 months to buy insurance for a Nissan Versa, but that policy rate is an estimation using cost data for a 40-year-old married female driver that has comprehensive and collision coverage and $500 physical damage deductibles.

It’s highly likely you are not a 40-year-old female, you might be single instead of married, or you just want cheap liability insurance instead of full coverage. This example demonstrates why the most reliable way to find cheap insurance prices for your Nissan is to quote often and with as many companies as possible. Do a quick rate comparison now and you can get prices from some of the best companies that insure Nissan vehicles in Alaska.

Save Now on Versa Insurance

Your Nissan’s trim level will most likely have an effect on the cost of coverage, so the cost to insure a Versa 1.6 SEDAN model will be $186 less expensive the cost to insure the high end Versa 1.8 SL SEDAN trim level, as demonstrated by the prices below.

Price data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Alaska minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Prices do not factor in the specific area where the vehicle is garaged which can raise or lower premiums substantially.

Figuring out which companies quote the lowest-priced auto insurance rates for a Nissan Versa involves a bit more effort than just comparing a company or two. Each insurance company uses a little different formula for setting rates, so let’s examine the auto insurance companies that tend to have lower prices in Alaska.

It’s important to understand that Alaska auto insurance rates are calculated based on many things that will increase or decrease the policy premium. Turning one year older, buying a home, or getting a ticket for careless driving can cause premium changes that can now make some companies more affordable than the competition.

Compare Cheap Insurance Quotes for Your Versa

Get a Free Quote and Save

Umialik generally has some of the best car insurance rates in Alaska at around $892 each year. USAA, State Farm, Progressive, and GEICO also qualify as some of the more affordable Alaska auto insurance companies.

As the rates illustrate above, if you buy coverage from Progressive and switched to Umialik, you might see annual savings of roughly $355. Policyholders with GEICO may save as much as $1,070 a year, and Allstate insureds might reduce prices by as much as $1,505 a year.

If you want to find out if you’re overpaying, click here to get a free quote or click several companies below for low rates.

Understand that those premiums are averaged for all ages of drivers and types of vehicles and do not factor in a specific rate factor for a Nissan Versa. So the company that can offer you the lowest price may not even be in the list of companies above. That illustrates why you need to get car insurance quotes using your own driver and vehicle profiles.

Liability rates compared to full coverage

Finding cheap insurance for a Nissan Versa in Alaska is probably important to the majority of people, and an effective way to pay less for insurance is to buy only liability coverage. The information below visualizes the comparison of yearly insurance costs with full phyical damage coverage and with liability coverage only. The premiums are based on no tickets, no at-fault accidents, $1,000 deductibles, single status, and no other discounts are factored in.

If averaged for all ages, full coverage costs an extra $1,504 per year more than just buying liability insurance. A very common question is if buying full coverage is a good investment. There is no definitive rule for eliminating physical damage coverage on your policy, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is about 10% or more of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.

Compare rates to save

Alaska auto insurance rates are impacted by many things which can substantially decrease or increase your annual premium. Getting older, increasing liability limits, or getting caught speeding may generate price changes resulting in some rates now being affordable when they were higher priced.

In addition to those changes, car insurance companies file new Alaska car insurance rates every year in order to offset underwriting gains or losses. Higher than normal claims may cause additional price hikes, while lower claims can cause cheaper Versa insurance rates.

For example, the graph below shows rates for the cheapest car insurance in Alaska for a 30-year-old male driver with a good driving record, no prior claims, and solid credit. When comparing rates based on his current situation, Umialik might quote the lowest car insurance rates in Alaska at $892 annually. This is $651 less than the average premium paid by Alaska drivers of $1,543. USAA, State Farm, Progressive, and GEICO are also on the list of the cheapest Alaska auto insurance companies.

The next chart shows rates after we give the driver from the first rate comparison an accident claim, poor credit, and a speeding citation. Because every insurance company uses their own method to set policy rates, comparing rates will most likely result in a different list of cheap Alaska auto insurance companies as shown below.

USAA now has the cheapest rate in Alaska with State Farm, Umialik, Progressive, and Safeco also having competitive pricing. This demonstrates why it is crucial to compare many different companies to find affordable car insurance rates for a Nissan Versa. Insurance rates are made up of many different factors and change frequently, so the cheapest rate a year ago may now not even be in the top five.

Tips to find cheaper car insurance for a Nissan Versa

Below you’ll find some of the recommended penny-pinching solutions that can help drivers buy cheap coverage.

• Just one traffic violation will increase your rates
• Increase deductibles to save money
• Lower rates by purchasing a safer vehicle
• Save money by insuring older vehicles for liability only
• Higher credit scores can equal lower rates
• Maintain a safe distance and avoid accidents
• Check for cheaper rates once a year

The last idea is particularly important, as we hit on in the prior information. Car insurance prices can change in a short period of time, so you should be ready to switch to a new company if a lower-cost policy is available.

Many drivers prefer to stick with one company, but it’s not a great idea if that inflexibility results in costing you lots of money. In just a couple of minutes you could shop around to find cheaper insurance for a Nissan Versa.

Who has the cheapest Nissan Versa insurance quotes?

Drivers have many ways to find lower-cost auto insurance in Alaska, but the three most common are through an exclusive agency such as Liberty Mutual or State Farm, an independent or non-exclusive agent, or from a direct company like Geico or Progressive. Each way is similar, but auto insurance shoppers should know the differences in how they function.

Independent agencies have contracts with many companies and can provide price quotes from all of them. These types of agents do not work for one specific company and can provide you with more rates, which may provide you with a better chance of finding cheaper coverage. If a cheaper price is found, an independent agent can move your coverage and that require little work on your part.

Exclusive agents are able to place business with just one company, examples being an Allstate or State Farm agent. These agents normally cannot provide a range of price quotes, so it’s a good idea to get additional price quotes.

Buying auto insurance direct means you do not use local insurance agents and instead shop direct from companies such as Geico or Progressive. Buying direct may be preferred by people who do not have a need for a risk management assessment and know how auto insurance works and possible exclusions.

When shopping for auto insurance, which way works best to buy cheap insurance for a Nissan Versa in Alaska? We wish we could say buying direct results in the cheapest price since there isn’t an agent involved, but in reality, that is not true. We could also say that buying auto insurance from an independent agent can save the most money due to more options, but that assumption is not true either. In many cases, the exclusive agents have coverage prices that other auto insurance companies cannot touch.

Because there is so much variation in auto insurance prices, really the best method to get the cheapest rates is to compare, compare, and compare some more. Take some time and get price quotes from all three to give yourself the best selection. For a list of companies with some of the cheapest Alaska auto insurance rates, click here to view.