Anyone knows that auto insurance companies want to keep you from comparing prices. Insureds who compare other prices are inclined to switch to a new company because of the good chance of finding a lower-priced policy. Surprisingly, a recent survey revealed that drivers who compared rates once a year saved on average $72 a month compared to policyholders who never shopped around.
If finding the cheapest price for Nissan Versa insurance in Omaha is the reason for your visit, then understanding how to find companies and compare insurance rates can make the process less intimidating.
It takes a few minutes, but the best way to find lower priced Nissan Versa insurance is to start comparing rates regularly from different companies in Omaha. You can compare prices by following these guidelines.
Step 1: Learn about how auto insurance works and the steps you can take to prevent high rates. Many risk factors that result in higher prices like at-fault accidents, careless driving, and a poor credit score can be remedied by being financially responsible and driving safely. Continue reading for additional tips to prevent high prices and get additional discounts that may be available.
Step 2: Get rate quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can give quotes from a single company like Progressive or Farmers Insurance, while independent agents can quote prices for a wide range of companies.
Step 3: Compare the new rate quotes to your existing policy and see if you can save money. If you find a lower rate quote and decide to switch, make sure coverage is continuous and does not lapse.
Step 4: Tell your current agent or company of your intent to cancel your current auto insurance policy and submit a down payment along with a completed application to the new company. Once the paperwork is finalized, place your new certificate of insurance above your visor, in the console, or in the glove compartment.
One thing to point out is to use the same deductibles and limits on each quote request and and to look at every company you can. This ensures the most accurate price comparison and a complete price analysis.
Keep in mind that comparing all the rates in your area helps increase your odds of locating a lower rate than you’re paying now. Not every company allows you to get price estimates online, so it’s important to compare prices from the smaller companies as well.
The companies in the list below provide quotes in Nebraska. If you want the best cheap car insurance in Nebraska, we suggest you get rate quotes from several of them to get the best price comparison.
Affordable Nissan Versa insurance in Omaha
Properly insuring your vehicles can get expensive, but there could be significant discounts that you may not even be aware of. Certain discounts will be applied when you get a quote, but some must be manually applied before they will apply. If you’re not getting every credit possible, you’re just leaving money on the table.
- Claim Free – Drivers with accident-free driving histories get the best insurance rates when compared with drivers who are more careless.
- Theft Prevention Discount – Cars with anti-theft systems can help prevent theft and that can save you a little bit as well.
- Telematics Data Discounts – Omaha drivers who agree to allow driving data collection to monitor their driving habits by installing a telematics device such as Snapshot from Progressive or Drivewise from Allstate might get better premium rates as long as they are good drivers.
- Discounts for Good Drivers – Drivers who don’t get into accidents may receive a discount up to 45% as compared to drivers with claims.
- Student Driver Training – Require your teen driver to successfully complete driver’s ed class if offered at their school.
- Full Payment Discount – By paying your policy upfront rather than paying monthly you may have a lower total premium amount.
- Accident Waiver – This one isn’t a discount, but some insurance companies will let one accident slide before your rates go up if your claims history is clear prior to the accident.
- Early Switch Discount – Select insurance companies give a discount for renewing your policy prior to your current Versa insurance policy expiration. It can save you around 10%.
- Passenger Safety Discount – Factory air bags or motorized seat belts can qualify for discounts of up to 25% or more.
- Discounts for New Vehicles – Buying a new car instead of a used Versa can get you a discount due to better safety requirements for new vehicles.
Drivers should understand that some credits don’t apply to all coverage premiums. Most only reduce individual premiums such as medical payments or collision. Just because it seems like you can get free auto insurance, nobody gets a free ride. But any discount should definitely cut your premiums.
The illustration below shows the difference between Nissan Versa auto insurance costs with and without discounts applied. The information is based on a male driver, no violations or claims, Nebraska state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, multi-policy, marriage, multi-car, and safe-driver discounts applied.
Some of the insurance companies that may include some of the above discounts include:
Before purchasing a policy, check with each company which discounts you may be entitled to. Some of the earlier mentioned discounts may not be available everywhere. To locate insurance companies who offer cheap Nissan Versa insurance quotes in Omaha, click this link.
Nissan Versa detailed coverage information
The rate table displayed next highlights detailed analysis of insurance premium costs for Nissan Versa models. Being aware of how car insurance prices are determined can benefit drivers when making decisions when choosing a new policy provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Versa 1.6 SEDAN | $196 | $320 | $392 | $24 | $118 | $1,050 | $88 |
| Versa 1.8 S Hatchback | $230 | $460 | $392 | $24 | $118 | $1,224 | $102 |
| Versa 1.8 S SEDAN | $230 | $460 | $392 | $24 | $118 | $1,224 | $102 |
| Versa 1.8 SL Hatchback | $264 | $530 | $392 | $24 | $118 | $1,328 | $111 |
| Versa 1.8 SL SEDAN | $264 | $530 | $392 | $24 | $118 | $1,328 | $111 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Nebraska minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Information does not factor in specific Omaha garaging location which can affect rates substantially.
Policy deductible comparison
When shopping for car insurance, a common question is at what level do you set your deductibles. The following tables may help to illustrate the costs and benefits when you choose different deductibles. The first rate comparisons uses a $250 deductible for physical damage and the second set of rates uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Versa 1.6 SEDAN | $172 | $320 | $300 | $18 | $90 | $925 | $77 |
| Versa 1.8 S Hatchback | $202 | $460 | $300 | $18 | $90 | $1,095 | $91 |
| Versa 1.8 S SEDAN | $202 | $460 | $300 | $18 | $90 | $1,095 | $91 |
| Versa 1.8 SL Hatchback | $232 | $530 | $300 | $18 | $90 | $1,195 | $100 |
| Versa 1.8 SL SEDAN | $232 | $530 | $300 | $18 | $90 | $1,195 | $100 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Versa 1.6 SEDAN | $140 | $258 | $300 | $18 | $90 | $806 | $67 |
| Versa 1.8 S Hatchback | $164 | $370 | $300 | $18 | $90 | $942 | $79 |
| Versa 1.8 S SEDAN | $164 | $370 | $300 | $18 | $90 | $942 | $79 |
| Versa 1.8 SL Hatchback | $188 | $428 | $300 | $18 | $90 | $1,024 | $85 |
| Versa 1.8 SL SEDAN | $188 | $428 | $300 | $18 | $90 | $1,024 | $85 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Nebraska minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Rate quotes do not factor in vehicle location which can lower or raise auto insurance rates significantly.
Based on the data above, we can derive that using a $250 deductible will cost you approximately $13 more each month or $156 every year than selecting the higher $500 deductible. Since the policyholder would be required to pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you normally average at least 19 months between claims, you would come out ahead if you opt for a higher deductible.
How to determine when to raise your deductibles
| Average monthly premium for $250 deductibles: | $92 |
| Average monthly premium for $500 deductibles (subtract): | – $79 |
| Monthly savings from raising deductible: | $13 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $13 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 19 months |
An important sidenote is that a higher deductible level results in a higher out-of-pocket expense when you have to file a claim. You need to make sure you have some savings in the bank in the event you have to pay the deductible for vehicle repair.
Gender differences in car insurance premiums
The information below visualizes the comparison of Nissan Versa auto insurance rates for male and female drivers. The costs are based on no claims or violations, comp and collision included, $100 deductibles, drivers are not married, and no discounts are applied to the premium.
Rate difference between full and liability-only coverage
The information below compares Nissan Versa insurance premiums with full physical damage coverage and with liability coverage only. The prices are based on no accidents, no driving violations, $1,000 deductibles, single marital status, and no discounts are applied to the premium.
When to stop buying physical damage coverage
There is no clear-cut formula of when to phase out comp and collision coverage, but there is a broad guideline. If the annual cost of having full coverage is 10% or more of any settlement you would receive from your insurance company, then you might want to think about dropping full coverage.
For example, let’s assume your Nissan Versa replacement cost is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $3,000 after the policy deductible has been paid. If you are paying in excess of $300 annually for comprehensive and collision coverage, then it might be time to consider dropping full coverage.
There are some scenarios where eliminating full coverage is not in your best interest. If you still have a loan on your vehicle, you are required to maintain full coverage to satisfy the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is totaled, you should not opt for liability only.
Insurance agents can help
A lot of people would rather buy from a local agent and doing that can be a smart decision One of the great benefits of comparing insurance online is that drivers can save money and get lower rates but also keep your business local. Putting coverage with local insurance agents is especially important in Omaha.
After completing this quick form, the coverage information is emailed to insurance agents in Omaha who can give free rate quotes for your business. You never need to contact an agency due to the fact that quote results will go immediately to your email address. It’s the lowest rates without the usual hassles of price shopping. If you want to compare rates from one company in particular, you just need to navigate to their website and submit a quote form there.
Finding the right provider is decision based upon more than just the bottom line cost. The questions below may impact your decision as well.
- Are all drivers listed on the coverage quote?
- Will they make sure you get an adequate claim settlement?
- Is vehicle damage repaired with OEM or aftermarket parts?
- In the event of vehicle damage, can you pick the collision repair facility?
- Does the agent have a valid license to sell insurance in Nebraska?
- Is there a Errors and Omissions policy in force?
How Insurers Determine Nissan Versa Insurance Prices
Many different elements are part of the equation when quoting car insurance. Some factors are common sense like an MVR report, although others are not quite as obvious such as your credit history and annual miles driven.
The factors shown below are some of the most rate-impacting factors companies use to determine prices.
Does your vocation cost you more? – Do you have a high-stress occupation? Jobs like military generals, social workers, and emergency personnel usually pay the highest rates in part from intense work-related stress and lots of time spent at work. Other occupations like professors, students and performers pay the least.
Marriage is a factor – Having a spouse can actually save you money when buying auto insurance. Having a significant other is viewed as being more stable financially and insurance companies reward insureds because married drivers get in fewer accidents.
Discounts for alarm systems – Driving a car with an alarm system can save you some money. Theft prevention devices like GM’s OnStar, tamper alarm systems and vehicle immobilizers can help prevent vehicle theft.
Policy lapses raise rates – Driving without insurance is a big no-no and you will pay a penalty because you let your insurance expire. In addition to paying higher rates, getting caught without coverage will get you a fine, jail time, or a revoked license.
Get a ticket, pay higher rates – Being a careful driver impacts premiums far more than you think. Drivers who don’t get tickets pay lower auto insurance prices as compared to those with violations. Having a single driving citation can bump up the cost by twenty percent. Drivers who have received serious violations like DUI or reckless driving are required to prove financial responsibility with their state’s licensing department in order to prevent a license revocation.
The example below illustrates how speeding tickets and at-fault fender-benders can affect Nissan Versa insurance premiums for different categories of driver ages. The rate quotes are based on a single male driver, full physical damage coverage, $500 deductibles, and no policy discounts are applied.
High credit scores save money – Having a bad credit score is likely to be a major factor in calculating your auto insurance rates. So if your credit rating can be improved, you may save money insuring your Nissan Versa if you clean up your credit. Insureds with very good credit scores tend to file fewer claims and have better driving records than drivers with bad credit.
Safer occupants lowers prices – Vehicles with good safety scores are cheaper to insure. Vehicles engineered for safety help reduce the chance of injuries in an accident and fewer serious injuries translates into fewer and smaller insurance claims which can mean better rates for you.
Loss statistics for a Nissan Versa – Insurers use past insurance losses to help calculate a profitable premium rate. Vehicles that historically have higher claim frequency or loss amount will cost more to insure.
The information below illustrates the compiled insurance loss statistics for Nissan Versa vehicles. For each coverage type, the loss probability for all vehicles compiled together is considered to be 100. Numbers that are below 100 suggest losses that are better than average, while numbers above 100 indicate higher probability of having a loss or tendency to have larger claims.
| Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Nissan Versa | 116 | 110 | 92 | 190 | 203 | 138 |
| Nissan Versa Note | 112 | 96 | 85 | 161 | 171 | 133 |
Statistics from IIHS.org for 2013-2015 Model Years
Three reasons to not skimp on auto insurance
Despite the fact that auto insurance is not cheap in Omaha, buying auto insurance may be required for several reasons.
First, almost all states have minimum mandated liability insurance limits which means you are required to buy a specific minimum amount of liability insurance coverage if you want to drive legally. In Nebraska these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if your Nissan Versa has a loan, it’s most likely the lender will have a requirement that you have full coverage to protect their interest in the vehicle. If you do not pay your insurance premiums, the lender will be forced to insure your Nissan at a significantly higher premium and force you to pay a much higher amount than you were paying before.
Third, insurance safeguards both your assets and your car. It will also provide coverage for most medical and hospital costs for both you and anyone you injure as the result of an accident. Liability coverage, the one required by state law, also pays for attorney fees and expenses if someone files suit against you as the result of an accident. If your vehicle suffers damage from an accident or hail, collision and comprehensive coverages will pay to repair the damage minus the deductible amount.
The benefits of buying enough insurance more than cancel out the cost, particularly when you have a large claim. Today the average American driver overpays more than $825 a year so compare rates each time the policy renews to be sure current rates are still competitive.
Cheap auto insurance rates are possible
Drivers change insurance companies for many reasons like unfair underwriting practices, policy non-renewal, high rates after DUI convictions and questionable increases in premium. No matter why you want to switch, finding a great new company is easier than you think.
We’ve covered some good ideas how to shop for Nissan Versa insurance online. It’s most important to understand that the more price quotes you have, the better likelihood of getting the cheapest Nissan Versa rate quotes. You may even discover the lowest rates come from the smaller companies.
As you go through the steps to switch your coverage, make sure you don’t skimp on coverage in order to save money. There are a lot of situations where an insured dropped full coverage only to regret at claim time that the small savings ended up costing them much more. Your focus should be to purchase plenty of coverage at the best cost, but don’t skip important coverages to save money.
More information is located on the following sites:
- How Does Hitting a Deer Impact Insurance Rates? (Allstate)
- How Much is Car Insurance for Inexperienced Drivers in Omaha? (FAQ)
- How Much are Omaha Car Insurance Rates for Uninsured Drivers? (FAQ)
- What Car Insurance is Cheapest for Government Employees in Omaha? (FAQ)
- Who Has Cheap Auto Insurance for a Company Car in Omaha? (FAQ)
- Older Driver Statistics (Insurance Information Institute)
- New head restraint design cuts injuries (Insurance Institute for Highway Safety)