2016 Nissan Versa Insurance Rates
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Average insurance rates for a 2016 Nissan Versa are $1,346 a year with full coverage. Comprehensive costs on average $248, collision insurance costs $524, and liability insurance costs $416. Buying a liability-only policy costs as little as $474 a year, and high-risk insurance costs around $2,938. Teenage drivers receive the highest rates at up to $5,136 a year.
Annual premium for full coverage: $1,346
Rate estimates for 2016 Nissan Versa Insurance
Rate data is compiled from all 50 U.S. states and averaged for all 2016 Nissan Versa models. Rates are based on a 40-year-old male driver, $500 comprehensive and collision deductibles, and a clean driving record. Remaining premium consists of UM/UIM coverage, Medical/PIP, and policy fees.
Price Range by Coverage and Risk
For a driver in their 40's, prices range range from as low as $474 for basic liability insurance to a much higher rate of $2,938 for a driver who has had serious violations or accidents.
These differences demonstrate why anyone shopping for car insurance should compare rates based on a specific location and risk profile, rather than relying on average rates.
Use the form below to get rates for your location.
Enter your zip code below to view companies based on your location that have cheap auto insurance rates.
Recommended Companies for Cheap 2016 Nissan Versa Insurance
Finding low-cost insurance for a Nissan Versa could be a painful process, but you can learn a few tricks to save time. There are both good and bad ways to compare insurance rates and we’ll show you the absolute fastest way to compare rates for a new or used Nissan and obtain the lowest possible price either online or from local insurance agents.
It’s a good habit to shop coverage around on a regular basis due to the fact that insurance prices are constantly changing. Just because you had the best quotes for Versa insurance at your last renewal you can probably find a lower rate today. Forget anything you know (or think you know) about insurance because you’re about to learn the best way to save money, get proper coverage and the best rates.
Free car insurance quotes
Cutting your car insurance rates can be quick and easy. You just need to invest a little time to compare rate quotes from different insurance companies. Rate comparisons can be done by following the guidelines below.
- The most recommended method to get quotes is an all-inclusive rate comparison click here to open form in new window. This method eliminates the need for separate quote forms for every company. Taking the time to complete one form will return quotes from multiple low-cost companies. It’s definitely the quickest method.
- A different way to obtain and compare quotes online requires a visit to each company’s website and get a separate price quote. For instance, let’s say you want to compare prices for Progressive, GEICO and Travelers. In order to get each rate, you would have to take the time to go to each site and repeatedly enter your information, which can get rather old.
For a handy list of car insurance company links in your area, click here.
Take whichever approach you prefer, but make sure you compare equivalent coverage data on every quote you get. If each company quotes differing limits it will be next to impossible to determine which rate is truly the best.
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Auto insurance rates and discounts
Car insurance companies do not list every discount in a way that’s easy to find, so the following list contains both well-publicized and also the lesser-known auto insurance savings. If you do not double check each discount available, you’re just leaving money on the table.
- Own a Home and Save – Owning your own home or condo may trigger a policy discount on auto insurance because of the fact that having a home shows financial diligence.
- Anti-lock Brakes – Cars, trucks, and SUVs that have steering control and anti-lock brakes prevent accidents and qualify for as much as a 10% discount.
- Military Deployment Discount – Being deployed in the military could mean lower auto insurance rates.
- Include Life Insurance and Save – If the company offers life insurance, you could get lower premium rates if you buy some life insurance in addition to your auto policy.
- Accident Forgiveness Coverage – Not necessarily a discount, but a few companies such as GEICO and Allstate may permit one accident without getting socked with a rate hike so long as you haven’t had any claims for a particular time prior to the accident.
- Anti-theft Discount – Cars optioned with advanced anti-theft systems are stolen with less frequency and that can save you a little bit as well.
- New Car Discount – Insuring a new car can cost up to 25% less since newer models are generally safer.
A little note about advertised discounts, some credits don’t apply to the overall cost of the policy. A few only apply to the price of certain insurance coverages like liability, collision or medical payments. If you do the math and it seems like all those discounts means the company will pay you, auto insurance companies aren’t that generous.
Some of the insurance companies that possibly offer some of the discounts shown above possibly include:
Check with each insurance company how you can save money. Some credits may not be available everywhere. If you would like to view providers that offer many of these discounts, follow this link.
Cut insurance costs with these tips
An important part of buying insurance is that you know some of the factors that help determine insurance coverage rates. When you know what positively or negatively positively or negatively impacts your premiums, this empowers consumers to make smart changes that may reward you with lower premium levels. Many different elements are taken into consideration when premium rates are determined. Some are obvious like an MVR report, but others are less apparent such as your marital status or how financially stable you are.
Shown below are some of the items used by companies to determine prices.
- Safety ratings are a factor – Vehicles with high crash test scores cost less to insure. Highly rated vehicles have better occupant injury protection and better occupant protection translates into savings for insurance companies passed on to you as lower rates. If your Nissan Versa has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may pay a lower rate.
- Having a spouse can save on insurance coverage – Having a wife or husband may earn you lower rates on your policy. Having a significant other demonstrates that you tend to be more mature and responsible and statistics show drivers who are married are more cautious.
- Annual mileage and car insurance costs – The more miles you rack up on your Nissan annually the higher the price you pay to insure it. Most companies rate vehicles based upon how the vehicle is primarily used. Cars not used for work or commuting receive better premium rates than cars that get driven a lot. It’s a smart idea to ensure your insurance coverage declarations sheet is rated on annual mileage. An incorrectly rated Versa may be costing you higher rates.
- Prevent theft and save – Buying a car with an alarm system can earn a premium discount. Advanced theft deterrents like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar help track and prevent vehicle theft.
- High premiums for youthful drivers – More mature drivers are more responsible, cause fewer claims and accidents .Teen drivers are statistically shown to be inattentive when driving so insurance coverage rates are higher.
- No policy lapses saves money – Having an insurance coverage lapse is a sure-fire way to increase your insurance coverage rates. And not only will insurance be more expensive, the inability to provide proof of insurance might get you a revoked license or a big fine.
- Tickets will cost you – Your driving citation history has a lot to do with how much you pay for insurance. Having just one driving citation can increase the cost of insurance by as much as thirty percent. Drivers who don’t get tickets get better prices than people who have multiple driving citations. Drivers who have gotten serious violations such as hit and run, DWI or reckless driving convictions may find that they have to to prove financial responsibility with their state’s licensing department in order to legally drive.
Situations that may require an agent’s advice
When buying coverage, there really is not a single plan that fits everyone. Every situation is different.
Here are some questions about coverages that could help you determine if your situation would benefit from professional advice.
- What is the difference between comprehensive and collision coverage?
- Does liability extend to a camper or trailer?
- What vehicles should carry emergency assistance coverage?
- Should I get collision insurance on every vehicle?
- Can I drive in Mexico and have coverage?
- Is my state a no-fault state?
- Where can I find high-risk insurance?
- I have good health insurance, so how much medical payments coverage do I need?
- Should I have combined single limit or split liability limits?
- How high should my medical payments coverage be?
If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to an insurance agent. If you want to speak to an agent in your area, complete this form. It’s fast, doesn’t cost anything and you can get the answers you need.
Do drivers who switch really save?
Consumers can’t get away from ads for the lowest price car insurance by companies like State Farm, Allstate and GEICO. All the companies advertise claims that drivers can save some big amount if you switch to their company.
How is it possible that every company can charge you less for auto insurance? Here is the trick they use.
Different companies have specific criteria for the type of driver that is profitable for them. One example of a desirable insured may need to be over age 30, carries full coverage, and drives newer vehicles. A driver that meets those criteria will probably get cheap prices and will probably save when they switch companies.
Potential insureds who may not quite match this stringent profile will be quoted higher premium rates which translates to business going elsewhere. The ads state “drivers who switch” not “everyone who quotes” save that much money. This is how companies can make those statements. This illustrates why it’s extremely important to compare free car insurance quotes often. It’s impossible to know which insurance companies will be your best fit.
Auto insurance coverages and their meanings
Learning about specific coverages of your policy aids in choosing appropriate coverage and proper limits and deductibles. Auto insurance terms can be impossible to understand and even agents have difficulty translating policy wording.
Collision coverage protection
This pays for damage to your Versa from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.
Collision insurance covers things like colliding with another moving vehicle, hitting a parking meter, colliding with a tree and crashing into a ditch. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. You can also choose a higher deductible in order to get cheaper collision rates.
Liability auto insurance
Liability insurance will cover damage that occurs to a person or their property. It protects you against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 50/100/50 that means you have $50,000 bodily injury coverage, $100,000 for the entire accident, and $50,000 of coverage for damaged property.
Liability coverage pays for things such as pain and suffering, loss of income, funeral expenses and bail bonds. The amount of liability coverage you purchase is a personal decision, but consider buying as large an amount as possible.
Uninsured and underinsured coverage
Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they do not carry enough liability coverage. This coverage pays for hospital bills for your injuries and damage to your Nissan Versa.
Since many drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is very important.
Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for claims like damage from getting keyed, hail damage, vandalism, a tree branch falling on your vehicle and damage from a tornado or hurricane. The maximum amount a auto insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Coverage for medical payments
Med pay and PIP coverage pay for short-term medical expenses such as hospital visits, nursing services and chiropractic care. The coverages can be used to fill the gap from your health insurance program or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay
What is YOUR best insurance company?
As you shop your coverage around, make sure you don’t sacrifice coverage to reduce premiums. There have been many situations where an insured dropped collision coverage only to find out they didn’t purchase enough coverage. Your goal should be to purchase plenty of coverage at an affordable rate, but do not sacrifice coverage to save money.
In this article, we presented many ways to get a better price on 2016 Nissan Versa insurance. The key concept to understand is the more companies you get prices for, the more likely it is that you will get a better rate. You may even discover the best price on auto insurance is with a smaller regional carrier.
People who switch companies do it for a number of reasons such as being labeled a high risk driver, not issuing a premium refund, delays in responding to claim requests and even denial of a claim. Whatever your reason, switching companies is less work than it seems.
Even more information can be read at these sites:
- Protect Yourself Against Auto Theft (Insurance Information Insitute)
- No-Fault Auto Insurance Statistics (Insurance Information Insitute)
- Vehicle Insurance in the U.S. (Wikipedia)
- Parking Tips to Reduce Door Dings (State Farm)
- Avoiding Deer Collisions (Insurance Information Insitute)
Rates by U.S. City
|New York City, NY||$2,127|
|Los Angeles, CA||$2,298|
Need a specific model?
Choose your model and trim below
Rates by Driver Age
Full coverage, $500 deductibles
Rates by Deductible
Full coverage, driver age 40
Rates by Liability Limit
Full coverage, driver age 40
Rates for High Risk Drivers
Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident
If a financial responsibility filing is required, the additional charge below may also apply.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
|5-yr Accident Free||$101|
|5-yr Claim Free||$88|
|Paid in Full/EFT||$62|
Discounts are estimated and may not be available from every company or in every state.