Best Cheap Insurance Quotes for a Nissan Versa in Massachusetts

The chances that you’ll find the cheapest auto insurance for a Nissan Versa in Massachusetts hinges on many factors such as the number of years of driving experience you have, if you have a lapse in coverage, and blemishes on your driving record. Drivers in Massachusetts pay around $790 each year for Versa insurance, but that amount is an estimate using rate data for a 50-year-old single female driver that included full coverage and $1,000 physical damage deductibles.

There is a high likelihood that you are not a 50-year-old female, you might be married instead of single, or maybe your Massachusetts zip code is rated higher than the example. Each driver’s needs are different, and that demonstrates why the most reliable method for finding affordable rates for your Nissan is to comparison shop your policy at every renewal or at least every couple of years.

Compare Nissan Versa Insurance Rates

The trim level of your Nissan can impact the coverage cost, so the rate you will pay to insure a Versa 1.6 SEDAN trim level will be $180 cheaper than the insurance cost for the higher-end Versa 1.8 SL SEDAN trim level, as shown below.

Premium data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Massachusetts minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Price information does not factor in garaging location in Massachusetts which can alter premiums considerably.

Best insurance company in Massachusetts

Ending up with a highly-rated insurance provider can be challenging considering how many companies provide coverage in Massachusetts. The rank data listed below could help you analyze which companies to look at shopping your coverage with.

The ratings below are only comprised of large insurance companies, so companies without a large exposure are not taken into consideration for these rankings. To compare price quotes from these top-rated insurers and more, follow this link.

Top 10 Large Car Insurance Companies in Massachusetts Ranked by Customer Satisfaction

1. The Hartford – 93%
2. Progressive – 90%
3. Travelers – 87%
4. State Farm – 87%
5. USAA – 87%
6. AAA Insurance – 86%
7. Safeco Insurance – 86%
8. GEICO – 85%
9. American Family – 85%
10. Farmers Insurance – 85%

Top 10 Large Car Insurance Companies Overall in Massachusetts

1. The Hartford
2. Progressive
3. Travelers
4. State Farm
5. Farmers Insurance
6. Safeco Insurance
7. USAA
8. GEICO
9. Liberty Mutual
10. AAA Insurance

Top Companies for Nissan Versa Insurance in Massachusetts

The illustration below demonstrates how choosing different deductibles can increase or decrease insurance premiums when quoting cheap insurance for a Nissan Versa. The rate quotes are based on a married female driver, full coverage, and no discounts are applied to the premium.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 2861,2593,2297,2013],[‘Age 30’, 2007,1813,1597,1391],[‘Age 40’, 1989,1799,1589,1389],[‘Age 50’, 1733,1571,1391,1219],[‘Age 60’, 1653,1497,1325,1159],[‘Age 70’, 1797,1629,1443,1269]]);var options = {title: ‘Deductible Levels and Nissan Versa Insurance Rates in Massachusetts’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Insurance Cost for a Nissan Versa’,minValue: 0,format: ‘$###,###’},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);}

The chart above illustrates that a 50-year-old driver could lower rates by $342 a year by switching from a $100 deductible to a $500 deductible, or save $514 by changing to a $1,000 deductible. Even younger drivers, such as the 20-year-old example, could lower their rates up to $848 or even more by choosing larger deductibles on their policy.

If you do make the decision to raise your deductibles, it is important to have enough funds in savings to enable you to cover the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.

Difference between liability only and full coverage rates

Finding the best cheap insurance for a Nissan Versa in Massachusetts is the goal of most drivers, and one of the easiest ways to buy cheaper insurance is to buy only liability coverage. The diagram below compares annual premium costs when comparing full coverage to liability only. The prices are based on no claims or driving citations, $100 deductibles, single status, and no discounts are factored in.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $100 Deductibles’, ‘Liability Only’],[‘Age 20’, 4175,1187],[‘Age 30’, 2095,653],[‘Age 40’, 2107,605],[‘Age 50’, 1915,567],[‘Age 60’, 1851,557],[‘Age 70’, 2255,743]]);var options = {title: ‘Price Comparison of Full Coverage Versus Liability Only’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Insurance Cost for a Nissan Versa in Massachusetts’,minValue: 0,format: ‘$###,###’},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(‘qcibfcl’));chart.draw(data, options);}

Averaged for all ages 20 through 70, physical damage insurance costs an additional $2,400 per year more than insuring for liability only. Many of you may wonder if paying for full coverage is a waste of money. There is no written rule that works best for making the decision to drop physical damage coverage on your policy, but there is a general guideline. If the annual cost of having full coverage is about 10% or more of the vehicle’s replacement cost less your deductible, then it may be the right time to buy liability only.

For example, let’s assume your vehicle’s replacement cost is $4,500 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $3,500 after paying your deductible. If premium cost is more than $350 a year for your policy with full coverage, then it’s probably a good time to buy liability coverage only.

Allstate, Geico, State Farm, or Progressive: Who is best?

When comparing rates for insurance for a Versa in Massachusetts, four good companies to start with are Allstate, Geico, State Farm, and Progressive. Combined they make up over 45% of all policies written. The next table points out pricing and service ratings, as well as optional policy coverages that may be available in your state.

Cheap Nissan Versa insurance quotes

There are a variety of different ways to buy insurance in Massachusetts, but the most frequently used ways are from an exlusive agent like Allstate or Liberty Mutual, an independent agent, or from a direct company like Progressive.

All three ways are similar, but each is slightly different in how they give price quotes.

Independent insurance agents are appointed by several companies and can compare rates with all of them. These types of agencies are not employed by only one company and can provide you with more rates, which can give you improved chances of finding a lower rate. If you are not satisfied with one company, your policy is moved internally and that require little work on your part.

An exlusive, or captive, agency is able to place business with just one company, two examples being a State Farm or Allstate agent. Exclusive agents generally are unable to provide other companys’ prices, so you might not find the best rates.

When you buy insurance direct, you skip either of the other two types of agents and buy direct either online or via phone. Buying insurance direct is good for consumers who do not need complex risk management and have an above average understanding of how insurance works and possible exclusions.

When shopping for insurance, which way works best to buy the best cheap insurance for a Nissan Versa in Massachusetts? It would be obvious to point out buying from a direct company results in the cheapest rates since no commissions are paid to an agent, but that is not always the case. And we’d like to say going through an independent agent is the best way to go because they can shop around, but again, that’s not accurate. In many cases, exclusive agents have really good rates that are impossible to beat.

Due to the large number of rating factors, really the best method to buy the cheapest policy is to compare rate quotes from as many companies as possible. It’s a good idea to get prices from all three types to give yourself enough choices. For a list of companies offering online discounts, click here to view.