Nissan Altima Insurance Rates

Insurance for vehicles can be expensive, but why is Nissan Altima insurance so high? Nissan Altima car insurance costs an average of $1,446 a year, or $120 a month. Read on to learn more about Altima car insurance rates and what you can do to save.

As this guide will show, Nissan Altima auto insurance rates will vary based on a number of factors. 2005 Nissan Altima insurance rates will likely be lower than 2010 Nissan Altima insurance costs or 2018 Nissan Altima insurance cost.

Maybe you are wondering if a Nissan Altima is considered a sports car. The answer is maybe. Insurance for a Nissan Altima 3.5SR will likely be more expensive than a standard model. That’s because the 3.5SR has a sports-tuned suspension and V6 engine which will probably put it in the sports car category.

Before you buy Nissan Altima car insurance, compare quotes from multiple Nissan Altima car insurance companies online.

To jump right into finding the best Nissan Altima auto insurance rates in your area, enter your ZIP code in our free tool above.

The average insurance rates for a Nissan Altima are $1,424 a year with full coverage. Comprehensive costs approximately $306 each year, collision costs $570, and liability is $390. A liability-only policy costs around $452 a year, with high-risk insurance costing around $3,088. 16-year-old drivers cost the most to insure at $5,286 a year or more.

Average premium for full coverage: $1,424

Policy rates by type of insurance:

Prices are based on $500 deductibles, 30/60 split liability limits, and includes uninsured motorist coverage. Prices are averaged for all U.S. states and Altima models.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can make a big difference on the price of insurance. Rural locations are shown to have a lower frequency of collision claims than congested cities.

The graphic below illustrates the difference between rural and urban areas on auto insurance prices.

The examples above demonstrate why all drivers should compare rates quotes using their specific location and risk profile, instead of making a decision based on rate averages.

Use the form below to get customized rates for your location.

Insurance Rate Analysis

The chart below details estimated Nissan Altima insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $817
• Raising to $1,000 deductibles will save $196 annually
• The average rate for a good driver age 40 who chooses $500 deductibles is $1,424
• Buying low deductibles will increase the cost to $1,814
• Drivers with multiple tickets or accidents could pay around $3,088 or more
• Policy cost for full coverage for a 16-year-old driver can cost $5,286

View Chart as Image

Car insurance rates for a Nissan Altima also range considerably based on your risk profile, the trim level and model year, and physical damage deductibles and liability limits.

More mature drivers with no driving violations and high deductibles may pay as low as $1,300 every 12 months on average, or $108 per month, for full coverage. Rates are highest for teenagers, where even good drivers will be charged in the ballpark of $5,200 a year. View Rates by Age

Your home state also has a big influence on Nissan Altima insurance prices. A middle-age driver might find rates as low as $1,030 a year in states like Utah, Ohio, and New Hampshire, or at least $1,930 on average in New York, Michigan, and Florida.

View Chart as Image

Opting for high physical damage deductibles can reduce rates by up to $590 annually, whereas increasing liability limits will push rates upward. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $396 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out anywhere from $1,700 to $2,300 extra every year, depending on your age. Insurance for high-risk drivers is expensive and can cost from 44% to 133% more than the average rate. View High Risk Driver Rates

Because rates have so much variability, the best way to find out who has the cheapest auto insurance rates is to do a rate comparison from multiple companies. Every auto insurance company utilizes a different rate formula, so rate quotes will be varied from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2020 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Find Affordable Nissan Altima Insurance

Finding cheaper rates on insurance for a Nissan Altima consists of being a safe driver, having above-average credit, not filing small claims, and avoiding coverage lapses. Set aside time to compare rates at least every other year by getting rate quotes from direct companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

Here is a brief review of the car insurance concepts covered above.

• Drivers considered higher risk with DUI or reckless driving convictions pay on average $1,660 more per year for insurance
• You may be able to save around $170 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles can save around $575 each year
• Insureds who purchase more liability insurance will pay around $430 every year to raise from a 30/60 limit to 250/500 limits

Shopping for car insurance rates early can save drivers almost $200. Use our free tool below to find affordable Nissan Altima car insurance quotes near you.

What are the safety ratings of the Nissan Altima?

Good safety ratings can help lower your insurance rates. The Nissan Altima has some great safety features, such as brake assist, traction control, blind-spot monitoring, and lane-departure warnings.

The Nissan Altima’s safety ratings from the Insurance Institute for Highway Safety (IIHS) are also excellent. Take a look at them below.

• Small overlap front (driver-side): Good
• Small overlap front (passenger-side): Good
• Moderate overlap front: Good
• Side: Good
• Roof strength: Good
• Head restraints and seats: Good

Good is the highest possible rating. Watch the video below to see how the IIHS tests vehicles.

Nissan Altima Compared Against Other Vehicles in the Same Class

The Nissan Altima is a midsize car. Unfortunately, the IIHS labeled the Nissan Altima’s property damage liability losses and bodily injury liability losses as average and substantially worse than average (respectively). While an average rating isn’t terrible, a substantially worse than average rating means higher liability rates.

Take a look at the list of other midsize vehicles below to see how the Nissan Altima’s insurance rates compare.

• Chevrolet Malibu Insurance Rates
• Ford Fusion Insurance Rates
• Honda Accord Insurance Rates

To find the best Nissan Altima insurance rates in your area, enter your ZIP code in our free tool.

References:

1. https://www.iihs.org/ratings/vehicle/nissan/altima-4-door-sedan/2020