If you are new to online insurance, it's easy to get confused by the vast assortment insurance agents and companies all claiming to have the lowest rates for Nissan Altima insurance in Columbia.

Insurance for Nissan AltimaA study showed that a large majority of consumers have stayed with the same insurance company for a minimum of four years, and approximately 40% of consumers have never taken the time to shop around. South Carolina drivers could save as much as $749 each year, but they just don't want to go online and compare rates.

Best companies for Nissan Altima insurance

The companies shown below are our best choices to provide price quotes in Columbia, SC. If the list has multiple companies, we recommend you click on several of them to get the cheapest price.

Nissan Altima Insurance Rate Estimates in Columbia, SC
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Altima 2.5 4-Dr Sedan $126 $232 $320 $18 $96 $792 $66
Altima 2.5 S 4-Dr Sedan $294 $624 $342 $20 $102 $1,382 $115
Altima Hybrid 4-Dr Sedan $302 $574 $352 $20 $106 $1,354 $113
Altima 2.5 S 2-Dr Coupe $288 $514 $394 $24 $118 $1,338 $112
Altima 3.5 SR 4-Dr Sedan $158 $340 $386 $22 $116 $1,022 $85
Altima 3.5 SR 2-Dr Coupe $180 $436 $466 $28 $140 $1,250 $104
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Data rating is based on single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and South Carolina minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, multi-vehicle, and homeowner. Prices do not factor in specific Columbia garaging location which can influence prices greatly.

Full coverage rates compared to liability-only

The diagram below visualizes the comparison of Nissan Altima insurance rates when comparing full coverage to state minimum liability only. The data assumes no claims or driving violations, $1,000 deductibles, single male driver, and no discounts are taken into consideration.

When to drop full coverage

There isn't a written rule of when to phase out physical damage insurance, but there is a broad guideline. If the annual cost of your full coverage insurance is more than about 10% of the replacement cost minus the deductible, then you may need to consider dropping full coverage.

For example, let's say your Nissan Altima settlement value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $4,000 after the deductible is paid. If you are paying over $400 a year for full coverage, then it might be time to consider dropping full coverage.

There are some cases where buying only liability insurance is not a good plan. If you still owe a portion of the original loan, you are required to maintain full coverage as part of the loan conditions. Also, if you can't afford to buy a different vehicle if your current one is damaged, you should not buy liability only.

Auto insurance deductibles

One frequently asked question is how high should the deductibles for physical damage be. The premium rates below sum up the difference in cost between low and high physical damage deductibles. The first rate comparisons uses a $100 deductible and the second price grid uses a $1,000 deductible.

Nissan Altima insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Altima 2.5 4-Dr Sedan $294 $530 $342 $20 $102 $1,313 $109
Altima 2.5 S 4-Dr Sedan $294 $624 $342 $20 $102 $1,407 $117
Altima Hybrid 4-Dr Sedan $332 $624 $342 $20 $102 $1,445 $120
Altima 2.5 S 2-Dr Coupe $332 $624 $386 $22 $116 $1,505 $125
Altima 3.5 SR 4-Dr Sedan $332 $624 $342 $20 $102 $1,445 $120
Altima 3.5 SR 2-Dr Coupe $332 $720 $386 $22 $116 $1,601 $133
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Nissan Altima insurance policy rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Altima 2.5 4-Dr Sedan $162 $280 $342 $20 $102 $906 $76
Altima 2.5 S 4-Dr Sedan $162 $330 $342 $20 $102 $956 $80
Altima Hybrid 4-Dr Sedan $184 $330 $342 $20 $102 $978 $82
Altima 2.5 S 2-Dr Coupe $184 $330 $386 $22 $116 $1,038 $87
Altima 3.5 SR 4-Dr Sedan $184 $330 $342 $20 $102 $978 $82
Altima 3.5 SR 2-Dr Coupe $184 $380 $386 $22 $116 $1,088 $91
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Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and South Carolina minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Prices do not factor in vehicle garaging location which can decrease or increase price quotes considerably.

Based on the data above, we can derive that using a $100 deductible will cost you about $38 more each month or $456 annually than quoting the higher $1,000 deductible. Because you would pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you go at least 24 months between claims, you would most likely save money if you decide on a higher deductible.

How to calculate deductible break even point

Average monthly premium for $100 deductibles: $121
Average monthly premium for $1,000 deductibles (subtract): - $83
Monthly savings from raising deductible: $38
Difference between deductibles ($1,000 - $100): $900
Divide difference by monthly savings: $900 / $38
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 24 months

One big caveat is that raising deductibles to get cheaper rates means you will have to pay more out-of-pocket when you file a claim. That will require a higher level of savings in order to pay the deductible for vehicle repair.

Age-based auto insurance rates by gender

The information below illustrates the difference between Nissan Altima annual premium costs for male and female drivers. The data assumes no claims, a clean driving record, comprehensive and collision coverage, $100 deductibles, drivers are single, and no policy discounts are applied.

Choices You Make Can Impact Your Insurance Prices

Many factors are taken into consideration when pricing auto insurance. A few of the factors are predictable such as your driving record, but other criteria are less apparent such as your credit history and annual miles driven.

The items below are some of the major factors insurance companies consider when setting premiums.

Men are more aggressive - Over the last 50 years, statistics have shown that men are more aggressive behind the wheel. Now that doesn't mean females are better drivers. They both get in at-fault accidents in similar numbers, but the male of the species cause more damage and cost insurance companies more money. They also have more aggressive citations like driving under the influence (DUI). Male teenagers are most likely to cause an accident so it costs more to insure them.

Where you live factors in - Choosing to live in areas with lower population has it's advantages when buying insurance. Fewer drivers on the road means reduced accidents in addition to lower liability claims Residents of big cities tend to have more aggressive driving styles and much longer commute distances. More time commuting means a statistically higher chance of an accident.

Insurance rates and age - Inexperience drivers have been known to be inattentive and easily distracted in a vehicle so insurance rates are higher. Adding a beginning driver to your insurance policy can break the bank. More mature drivers are more responsible, cost insurance companies less in claims, and are generally more financially stable.

Performance makes a difference - The type of vehicle you need insurance for makes a huge difference in determining your rates. The cheapest insurance rates will generally be found on lower cost passenger models, but the cost you end up paying is determined by many additional factors. Since the Nissan Altima is a sedan, insuring your vehicle will cost about the same as compared to the average rate in Columbia.

Your job can affect prices - Occupations like doctors, air traffic controllers, and financial analysts generally have higher rates than average because of intense work situations and lengthy work days. Other careers such as scientists, athletes and the unemployed have the lowest average rates.

Frequent insurance claims increase rates - If you file claims often, you shouldn't be surprised to get either higher rates or even cancellation. Car insurance companies in South Carolina give the best rates to people who are claim-free. Your insurance policy is designed for larger claims.

Nissan Altima insurance loss probability - Insurance companies use historical loss data to help determine the price you pay. Models that have increased losses will have higher premium rates. The table below demonstrates the collected loss data for Nissan Altima vehicles.

For each policy coverage, the statistical loss for all vehicles, as a total average, is considered to be 100. Numbers under 100 indicate a favorable loss history, while numbers above 100 indicate frequent claims or tendency to have higher losses.

Nissan Altima Insurance Claim Statistics

Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Nissan Altima 110 97 119 144 147 114

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Take policy discounts and save on Nissan Altima insurance in Columbia

Car insurance is not cheap, but you might be missing out on some discounts to reduce the price significantly. Most are applied at quote time, but a few must be manually applied prior to getting the savings. If you aren't receiving every discount you deserve, you're just leaving money on the table.Save money with discounts

Don't be surprised that most of the big mark downs will not be given to the entire policy premium. Some only reduce the price of certain insurance coverages like liability and collision coverage. So even though you would think all the discounts add up to a free policy, nobody gets a free ride.

Large auto insurance companies and some of their more popular discounts can be found below.

Double check with every company which discounts they offer. Some discounts listed above might not be available to policyholders everywhere. If you would like to see a list of insurers that have a full spectrum of discounts in South Carolina, follow this link.

Local neighborhood insurance agents

Some people just want to talk to an insurance agent and that is recommended in a lot of cases A good thing about comparing insurance prices online is you may find the lowest rates but also keep your business local.

Insurance agents in ColumbiaOnce you complete this quick form, your insurance coverage information is transmitted to agents in your area who can give free rate quotes to get your business. You won't need to find an agent because quoted prices will be sent straight to your inbox. Get lower rates without the usual hassles of price shopping. If for some reason you want to get a price quote for a specific company, don't hesitate to find their quoting web page and submit a quote form there.

Finding a good company is decision based upon more than just the bottom line cost. Any agent in Columbia should have no problem answering these questions:

Shown below are agents in Columbia willing to provide price quote information for Nissan Altima insurance in Columbia.

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When do I need an agent's advice?

When it comes to buying insurance from an agent or online, there really isn't a single plan that fits everyone. You are unique.Drive safe and save

These are some specific questions may help you determine if your situation would benefit from professional advice.

If you can't answer these questions but a few of them apply then you might want to talk to a licensed agent. If you don't have a local agent, take a second and complete this form.

Quote more and you will save more

Budget-friendly insurance in Columbia is definitely available both online and also from your neighborhood Columbia agents, so you need to quote Columbia car insurance with both to have the best selection. Some companies may not have online rate quotes and these regional insurance providers work with independent agents.

When searching for affordable Nissan Altima insurance quotes, make sure you don't sacrifice coverage to reduce premiums. In many instances, drivers have reduced uninsured motorist or liability limits only to regret at claim time they didn't have enough coverage. The ultimate goal is to buy the best coverage you can find at a price you can afford while still protecting your assets.

You just learned a lot of techniques to get a better price on Nissan Altima insurance in Columbia. The most important thing to understand is the more rate comparisons you have, the better likelihood of getting cheaper Columbia car insurance quotes. Consumers could even find that the most savings is with a small mutual company.

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