Would you like to stop wasting money and find more affordable car insurance rates in Charlotte, NC? Charlotte consumers have options when looking for affordable Nissan Versa insurance. You can either spend your time contacting agents to compare prices or leverage the internet to make rate comparisons.
There are more efficient ways to compare car insurance rates so you’re going to learn the quickest way to compare rates for a new or used Nissan and get the lowest possible price from both online companies and Charlotte agents.
It’s a great practice to compare premium rates once or twice a year since prices tend to go up over time. If you had the best deal on Nissan Versa insurance in Charlotte at your last renewal the chances are good that you can find a lower rate today. You can find a lot of information about Versa insurance on the web, but in this article, you’re going to get some proven techniques to stop overpaying for insurance in Charlotte.
If you are already insured or need new coverage, you can use these tips to save money and possibly find even better coverage. We hope to let you in on how to get online quotes and also pocket some savings Smart shoppers just have to know the proper way to compare prices from many different companies online.
Cheap companies for Nissan Versa insurance
The companies shown below are our best choices to provide price comparisons in North Carolina. If multiple companies are listed, it’s highly recommended you visit two to three different companies in order to find the most affordable rates.
Insurance coverage analysis
The rate table shown below highlights a range of policy rates for Nissan Versa models. Knowing how insurance prices are determined is important for drivers to make informed decisions when shopping around for a new policy.
|Versa 1.6 SEDAN
|Versa 1.8 S Hatchback
|Versa 1.8 S SEDAN
|Versa 1.8 SL Hatchback
|Versa 1.8 SL SEDAN
|Get Your Own Custom Quote Go
Cost estimates assume single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Rate quotes do not factor in zip code location which can affect premium rates significantly.
Nissan Versa liability-only versus full coverage
The diagram below compares Nissan Versa annual premium costs with full physical damage coverage and with liability coverage only. Data assumes no claims or driving citations, $100 deductibles, drivers are single, and no discounts are factored in.
Are you wasting money paying for full coverage?
There is no clear-cut rule that is best for determining when to drop comp and collision coverage, but there is a guideline you can use. If the annual cost of coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then it might be time to consider dropping full coverage.
For example, let’s say your Nissan Versa book value is $7,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company will settle for is $6,000 after paying your deductible. If it’s costing in excess of $600 a year for full coverage, then you may need to consider dropping full coverage.
There are some circumstances where buying only liability insurance is not a good idea. If you still owe money on your vehicle, you have to keep full coverage in order to keep the loan. Also, if your savings is not enough to buy a different vehicle if your current one is damaged, you should keep full coverage on your policy.
Companies offer lots of discounts on Nissan Versa insurance in Charlotte
Some insurers don’t always advertise the entire discount list very clearly, so below is a list both the well known in addition to some of the lesser obvious discounts you could be receiving when you buy Charlotte auto insurance online.
- Save with More Vehicles Insured – Buying a policy with multiple cars on one policy can reduce rates for all insured vehicles.
- Good Students Pay Less – Maintaining excellent grades may save as much as 25% on a Charlotte auto insurance quote. Many companies even apply the discount to college students up to age 25.
- Charlotte Homeowners Pay Less – Just being a homeowner may trigger a policy discount on insurance since home ownership means you have a higher level of financial diligence.
- Distant Student Discount – Children who live away from home at college and won’t have access to an insured vehicle can receive lower rates.
- Membership in Organizations – Having an affiliation with a qualifying organization is a good way to get lower rates on insurance.
- Senior Discount – Older drivers could receive better insurance rates.
- Good Drivers – Insureds who avoid accidents may save up to 50% more than drivers with accidents.
- Data Collection Discounts – Drivers who elect to allow companies to spy on vehicle usage by using a telematic data system such as Allstate’s Drivewise and State Farm’s In-Drive system may get a rate reduction as long as the data is positive.
- No Accidents – Drivers who don’t have accidents can save substantially in comparison with policyholders that have many claims.
Discounts reduce rates, but you should keep in mind that some of the credits will not apply to the overall cost of the policy. Most only apply to individual premiums such as comp or med pay. If you do the math and it seems like you can get free auto insurance, insurance companies wouldn’t stay in business.
The illustration below shows the comparison of Nissan Versa yearly insurance costs with and without discounts being applied to the rates. The premiums are based on a female driver, no accidents or driving violations, North Carolina state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, multi-car, multi-policy, claim-free, and marriage discounts applied.
Companies and their possible discounts are included below.
- Progressive offers discounts for continuous coverage, online quote discount, good student, online signing, multi-policy, multi-vehicle, and homeowner.
- Farmers Insurance may offer discounts for teen driver, good student, youthful driver, homeowner, electronic funds transfer, and early shopping.
- Farm Bureau has savings for driver training, youthful driver, good student, multi-vehicle, multi-policy, and 55 and retired.
- State Farm offers discounts including good driver, anti-theft, Drive Safe & Save, multiple policy, driver’s education, and accident-free.
- GEICO may include discounts for military active duty, multi-policy, anti-lock brakes, good student, driver training, and seat belt use.
- SAFECO includes discounts for anti-lock brakes, bundle discounts, teen safe driver, accident prevention training, drive less, anti-theft, and safe driver.
- Liberty Mutual discounts include exclusive group savings, new move discount, multi-policy, safety features, new vehicle discount, preferred payment discount, and hybrid vehicle.
If you need lower rates, check with each company which discounts they offer. Some discounts may not apply to policyholders in Charlotte. To choose insurers with significant discounts in Charlotte, click here to view.
Local agents and car insurance
A small number of people just want to visit with an insurance agent. Professional insurance agents can help determine the best coverages and help submit paperwork. One of the benefits of getting free rate quotes online is the fact that drivers can get cheap car insurance rates and still have a local agent. Buying from neighborhood insurance agencies is still important in Charlotte.
Upon completion of this simple form, your information gets sent to agents in your area who can give free rate quotes to get your business. You don’t have to search for an agent since price quotes are sent instantly to you. If you have a need to get a price quote from a specific car insurance provider, feel free to find their quoting web page and fill out the quote form the provide.
Exclusive and independent Charlotte auto insurance agents
When searching for a good Charlotte insurance agent, there are a couple of types of insurance agents and how they are distinctly different. Agents are either independent or exclusive. Both can write policy coverage, but we need to point out how they differ because it can impact your agent selection.
Agents that choose to be independent are not restricted to one company and that allows them to write policies with a variety of different insurance companies and get you the best rates possible. To move your coverage to a new company, an independent agent can move your coverage and you don’t have to switch agencies.
If you need lower rates, you will definitely want to contact multiple independent agents in order to have the best price comparison. They often place coverage with additional companies that you may not be familiar with who may have lower rates.
Below is a partial list of independent insurance agencies in Charlotte who can help you get free car insurance rate quotes.
- All Points Insurance Agencies
5618 Albemarle Rd # 200 – Charlotte, NC 28212 – (980) 221-9468 – View Map
- Nationwide Insurance: Timothy G Hausmann Agency
2313 Randolph Rd – Charlotte, NC 28207 – (704) 332-0011 – View Map
- Lawing – Elvington Insurance Agency
6132 Brookshire Blvd b – Charlotte, NC 28216 – (704) 391-8483 – View Map
Exclusive Car Insurance Agencies
Agents of this type generally can only insure with one company and examples are American Family, State Farm, and Allstate. Exclusive agents cannot provide prices from multiple companies so they have no alternatives for high prices. They are trained well on sales techniques which helps them compete with independent agents. Some people will only buy from exclusive agents mostly because of loyalty to the company and the convenience of having all coverages with one company.
Listed below is a short list of exclusive insurance agents in Charlotte that can give you comparison quotes.
- Sarah Highfill – State Farm Insurance Agent
7845 Colony Rd – Charlotte, NC 28226 – (704) 541-9999 – View Map
- AAA Carolinas
6600 A A A Dr – Charlotte, NC 28212 – (704) 569-3600 – View Map
- Gene Haynes – State Farm Insurance Agent
8316 Medical Plaza Dr a – Charlotte, NC 28262 – (704) 549-1515 – View Map
Choosing an car insurance agent requires more thought than just a cheap price quote. These are some questions your agent should answer.
- Which insurance companies are they affiliated with?
- What insurance company do they write the most business with?
- Will one accident increase rates?
- What are their preferred companies if they are an independent agency?
- Will their companies depreciate repairs to your car based on the mileage?
- Has the agent ever had any license suspensions?
- Will the agent or a CSR service your policy?
Do I need special coverages?
Always keep in mind that when comparing your policy, there really isn’t a “best” method to buy coverage. Your financial needs are unique.
These are some specific questions can aid in determining if your situation would benefit from an agent’s advice.
- Should I file a claim if it’s only slightly more than my deductible?
- How can I force my company to pay a claim?
- Do I have coverage for damage caused while driving under the influence?
- How many claims can I have before being canceled?
- What are the liability requirements in my state?
- Do I pay less if my vehicle is kept in my garage?
- Does having multiple vehicles earn me a discount?
- Does my medical payments coverage pay my health insurance deductible?
- Can my teen driver be rated on a liability-only vehicle?
- How much underlying liability do I need for an umbrella policy?
If you’re not sure about those questions, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form. It is quick, free and may give you better protection.
Car insurance policy coverages for a Nissan Versa
Knowing the specifics of your policy aids in choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be confusing and coverage can change by endorsement.
Insurance for medical payments – Coverage for medical payments and/or PIP reimburse you for bills for things like doctor visits, EMT expenses and surgery. They can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. Coverage applies to both the driver and occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage
Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers claims such as rock chips in glass, a broken windshield, damage from a tornado or hurricane, vandalism and damage from flooding. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Uninsured Motorist or Underinsured Motorist insurance – This coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants as well as damage to your Nissan Versa.
Because many people carry very low liability coverage limits (which is 30/60/25), it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally the UM/UIM limits do not exceed the liability coverage limits.
Collision coverage – This pays for damage to your Versa resulting from colliding with another car or object. A deductible applies and then insurance will cover the remainder.
Collision can pay for things like backing into a parked car, driving through your garage door, sideswiping another vehicle and colliding with a tree. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Another option is to bump up the deductible on your Versa to save money on collision insurance.
Liability car insurance – Liability insurance protects you from damage or injury you incur to people or other property that is your fault. It protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 30/60/25 that translate to a $30,000 limit per person for injuries, a limit of $60,000 in injury protection per accident, and property damage coverage for $25,000. Alternatively, you may have one number which is a combined single limit which combines the three limits into one amount rather than limiting it on a per person basis.
Liability insurance covers claims like structural damage, legal defense fees and bail bonds. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford. North Carolina requires drivers to carry at least 30/60/25 but it’s recommended drivers buy more liability than the minimum.
The chart below demonstrates why buying low liability limits may not be enough coverage.
Compare. Compare. Compare.
While you’re price shopping online, it’s very important that you do not buy poor coverage just to save money. In many cases, someone sacrificed full coverage only to regret that they should have had better coverage. The proper strategy is to find the BEST coverage for the lowest price, but do not sacrifice coverage to save money.
We just showed you a lot of information how to shop for Nissan Versa insurance online. The key thing to remember is the more companies you get rates for, the higher the chance of saving money. You may even be surprised to find that the most savings is with the smaller companies.
Consumers switch companies for many reasons like high rates after DUI convictions, policy cancellation, delays in responding to claim requests and denial of a claim. Regardless of your reason, finding a new car insurance company can be less work than you think.
How to find better rates for Nissan Versa insurance in Charlotte
The most effective way to find low-cost prices for Nissan Versa insurance is to begin comparing prices regularly from insurance carriers who sell auto insurance in Charlotte. You can compare prices by completing these steps.
- Step 1: It will benefit you to learn about how insurance works and the factors you can control to prevent expensive coverage. Many policy risk factors that are responsible for high rates like getting speeding tickets and a bad credit score can be controlled by making minor driving habit or lifestyle changes.
- Step 2: Obtain price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only quote rates from one company like GEICO or Farmers Insurance, while agents who are independent can provide prices for a wide range of companies. Find a Charlotte insurance agent
- Step 3: Compare the new rates to the premium of your current policy and determine if cheaper Versa coverage is available in Charlotte. If you can save some money and decide to switch, make sure there is no lapse in coverage.
- Step 4: Give proper notification to your current agent or company of your intention to cancel your current coverage and submit a down payment along with a completed application for the new policy. Immediately upon receiving it, place your new proof of insurance paperwork in your vehicle’s glove compartment or console.
The key thing to remember is to try to compare similar deductibles and liability limits on every quote and and to look at every insurance company. Doing this provides an accurate price comparison and maximum price selection.
Additional detailed information is available in these articles:
- When is the Right Time to Switch Car Insurance Companies? (Allstate)
- What Car Insurance is Cheapest for a Honda CR-V in Charlotte? (FAQ)
- How Much are Car Insurance Rates for a Subaru Forester in Charlotte? (FAQ)
- How Much are Charlotte Auto Insurance Rates for First-time Drivers? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for Veterans in Charlotte? (FAQ)
- Rental Reimbursement Coverage (Allstate)
- Prom Night Tips for Teen Drivers (State Farm)