Nissan Versa insurance image courtesy of QuoteInspector.com
Finding cheaper insurance for a Nissan Versa in Texas is dependent upon a lot of different factors such as how safe your vehicle is, your profession, and citations or violations on your driving record. Texas drivers will pay around $1,094 a year to insure their Versa, but that cost is using a 40-year-old married male driver with full physical damage coverage and $250 deductibles.
When estimating a car insurance rate like we just did, the issue is that you are not 40 and maybe not even a male, possibly single instead of married, and you don't want the same coverages and limits as the example. Having the smallest difference in rating factors or requested coverage amount can result in a massive change in the coverage rate.
Each driver's needs are different, and that demonstrates why the only real way to find the cheapest coverage for your Nissan is to just compare rates yourself. In just a few minutes you can get rates from some of the most affordable companies available.
The specific model of Versa tends to impact the cost of coverage, so the price you will be charged to insure a Versa 1.6 SEDAN model will be $314 lower than the insurance cost for the higher-priced Versa 1.8 SL SEDAN version, as demonstrated by the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Versa 1.6 SEDAN||$198||$376||$392||$24||$118||$1,108||$92|
|Versa 1.8 S Hatchback||$234||$538||$392||$24||$118||$1,306||$109|
|Versa 1.8 S SEDAN||$234||$538||$392||$24||$118||$1,306||$109|
|Versa 1.8 SL Hatchback||$268||$620||$392||$24||$118||$1,422||$119|
|Versa 1.8 SL SEDAN||$268||$620||$392||$24||$118||$1,422||$119|
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Prices above based on married male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Price estimates do not factor in specific garaging location which can modify coverage rates significantly.
Finding good, cost effective auto insurance is difficult, and determining which companies have the lowest-priced car insurance rates for a Nissan Versa calls for a bit more work.
Every insurance company has their own process to set their prices, so first we will examine the most budget-friendly car insurance companies in San Antonio. It's a good idea to know that San Antonio, TX car insurance rates are impacted by many factors that may substantially change the price you have to pay. Getting older, buying a different vehicle, or getting a ticket for running a stop sign may generate price changes that may make certain companies more affordable than others.
Cheapest Insurance Rates for Your Versa
|Rank||Company||Cost Per Year|
|3||Texas Farm Bureau||$1,235|
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Travelers has some of the cheapest car insurance rates in San Antonio at around $1,021 per year. USAA, Texas Farm Bureau, Germania Mutual, and Esurance also are some of the lowest-priced San Antonio, TX auto insurance companies.
In the above example, if you are insured with Texas Farm Bureau and switched to Travelers, you may see an annual premium reduction of upwards of $214. Texas drivers with Germania Mutual could save as much as $223 a year, and Esurance policyholders might reduce rates by $386 a year.
To find out how much you can save, click here or visit several of the following companies.
Bear in mind that those policy prices are averaged for all types of insureds and vehicles and and are not calculated with a vehicle location for a Nissan Versa. So the insurer that is best for you may not even be in the list above. That's why you need to get rate quotes from many companies using your own personalized driver profile and vehicle information.
Get discounts on San Antonio auto insurance rates
Insurance providers that provide coverage for a Nissan Versa may also give you premium discounts that can reduce rates by 40% or more if you meet the requirements. A list of car insurance companies and the discounts they provide can be found below.
- Progressive may have discounts that include multi-policy, continuous coverage, online signing, homeowner, and multi-vehicle.
- The Hartford has discounts for defensive driver, anti-theft, good student, bundle, air bag, driver training, and vehicle fuel type.
- Mercury Insurance offers discounts for location of vehicle, type of vehicle, professional/association, good driver, and multi-car.
- GEICO policyholders can earn discounts including anti-lock brakes, defensive driver, military active duty, multi-policy, and daytime running lights.
- AAA may include discounts for multi-policy, AAA membership discount, education and occupation, good driver, and anti-theft.
- State Farm discounts include passive restraint, accident-free, student away at school, multiple autos, safe vehicle, and driver's education.
The illustration below compares auto insurance rates with and without discounts applied to the rates. The rates are based on a male driver, no tickets, no at-fault accidents, Texas state minimum liability limits, full coverage, and $100 deductibles.
The first bar for each age group shows the average annual price with no discounts. The second shows the rates with homeowner, accident-free, multiple policy, marriage, multiple vehicle, and safe-driver discounts applied. When discounts are factored in, theaverage yearly reduction on car insurance for a Nissan Versa is 28% or $762.
The illustration below demonstrates how deductible levels can raise or lower premium costs when quoting cheap insurance for a Nissan Versa. The premiums assume a married male driver, comp and collision included, and no policy discounts are applied.
The data above shows that a 40-year-old driver could lower their car insurance rates by $346 a year by increasing from a $100 deductible up to a $500 deductible, or save $522 by switching to a $1,000 deductible. Even younger insureds, such as the 20-year-old chart data, could roll back prices as much as $1,176 every year by selecting a higher deductible. If you make the decision to raise deductibles, it will be required to have enough savings set aside to enable you to cover the extra out-of-pocket expense, which is the one shortcoming of high deductibles.
Why you should be shopping around
San Antonio, TX car insurance rates are based on many factors which can significantly increase or decrease the cost of having a policy. Simply having a birthday, buying another vehicle, or getting a speeding ticket can trigger rate changes that may make certain companies cheaper than before.
And not only may your rating factors change, but companies change prices as often as every three months to reflect underwriting profits or losses. Higher than normal claims can result in price increases, while lower claims may cause cheaper Versa insurance rates.
As an example, the bar chart below demonstrates which company has the cheapest car insurance in San Antonio, TX for a 35-year-old female driver with a good driving record, no prior claims, and solid credit. When comparing rates based on her current rating profile, Travelers might offer the lowest car insurance rates in San Antonio at $1,193 annually. This is $711 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are the remainder of the cheapest San Antonio, TX auto insurance companies.
In the next rate comparison, we'll give the driver in the first example an at-fault accident, slightly worse credit, and a couple of points charged on her driving record. Since every car insurance company has their own formula to set their prices, comparing insurance quotes could result in a different set of cheap San Antonio auto insurance companies as shown below.
State Farm now has the best car insurance rate in San Antonio with USAA, Mercury, Nationwide, and Safe Auto completing the list. This shows why Texas drivers need to compare as many rates as possible to find the most economical auto insurance rates for a Nissan Versa. Insurance prices are influenced by many different factors and change dramatically, so the best price when you bought your policy may now be quite expensive.
How to find more affordable car insurance for a Nissan Versa
Below you'll find some thrifty ideas that can help San Antonio drivers locate more affordable coverage.
- Do not insure for full coverage
- Serious violations like DUI or reckless driving can increase rates dramatically
- Being accident-free can lower rates significantly
- Good credit scores may make rates cheaper
- Higher deductibles save money
- Buy safe vehicles
- Shop around for lower rates once a year
The last tip is notably valuable, as was stressed in this article. Car insurance rates can change significantly in a year, so drivers shouldn't hesitate to buy a different policy if you find a cheaper price. Staying with the same company for years is fine, but we do not recommend it if that inflexibility results in costing you hundreds every year. In just a couple of minutes you could shop around to find cheaper auto insurance for a Nissan Versa in San Antonio.
If you prefer to get some professional advice when comparing insurance rates for a Versa, the professional agents shown below are willing to help you decide which coverage fits your budget.
To find an auto insurance agency near you, click the button below the list.
Gary Kennedy - State Farm Insurance Agent
3029 S WW White Rd - San Antonio, TX 78222 - (210) 337-1786
Jacqui Lugar - State Farm Insurance Agent
1248 Austin Hwy Ste. 202 - San Antonio, TX 78209 - (210) 822-2121
Allan Meyer - State Farm Insurance Agent
10130 San Pedro Ave #103 - San Antonio, TX 78216 - (210) 349-1317
Paul Wittmaier - State Farm Insurance Agent
16613 Huebner Rd - San Antonio, TX 78248 - (210) 493-3577