Truthfully, the best way to get discount auto insurance rates is to regularly compare prices from providers who provide car insurance in Cleveland.
- Step 1: It will benefit you to learn about the different coverages in a policy and the measures you can take to prevent expensive coverage. Many risk factors that are responsible for high rates such as at-fault accidents, careless driving, and a poor credit rating can be amended by making small lifestyle or driving habit changes.
- Step 2: Request price quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can give quotes from one company like GEICO and State Farm, while agents who are independent can quote prices from multiple insurance companies.
- Step 3: Compare the new rate quotes to your existing rates and determine if there is any savings. If you can save some money, verify that coverage does not lapse between policies.
- Step 4: Give proper notification to your current agent or company to cancel your current car insurance policy. Submit a down payment and signed policy application for the new coverage. Once the paperwork is finalized, place your new certificate of insurance somewhere easily accessible.
The most important part of shopping around is to try to use identical deductibles and limits on every quote request and and to get rate quotes from as many car insurance companies as possible. This ensures an apples-to-apples comparison and a better comparison of the market.
It’s a fact that auto insurance companies don’t want you to look for a cheaper policy. Drivers who shop around for the cheapest rate will probably switch insurance companies because there is a good chance of finding discount prices. A recent survey revealed that people who compared prices once a year saved an average of $850 each year as compared to drivers who don’t regularly compare prices.
If finding the cheapest price on Nissan Versa insurance is your target objective, learning how to shop for auto insurance can save time, money, and frustration.
How You Can Control Nissan Versa Insurance Prices
An important part of buying insurance is that you know some of the things that come into play when calculating the level of your policy premiums. When consumers understand what controls the rates you pay, this enables informed choices that can earn you big savings. Multiple criteria are used when pricing auto insurance. Some are obvious like an MVR report, but some are not as apparent like your continuous coverage or how safe your car is.
Discounts for GPS tracking and theft deterrents – Buying a car with anti-theft technology or alarm system can help lower your rates. Advanced theft deterrents such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help stop your car from being stolen.
City dwellers may pay more – Choosing to live in smaller towns and rural areas of the country can be a good thing when trying to find low car insurance rates. Less people living in that area translates into fewer accidents in addition to fewer liability claims. People who live in big cities regularly have more traffic problems and longer commute times. Higher commute times can result in more accidents.
Reserve policy claims for larger damages – If you’re an insured who likes to file claims don’t be surprised to see increased rates or even have your policy non-renewed. Auto insurance companies in Ohio award cheaper rates to policyholders who file claims infrequently. Your car insurance is meant to be used in the event of larger claims.
Insurance prices and vehicle performance – The type of car or truck you are trying to find cheaper insurance for makes a significant difference in your premium level. The lowest performance passenger vehicles normally have pretty low rates, but other factors influence the final cost greatly.
The following chart uses these assumptions: single female driver age 50, full coverage with $500 deductibles, and no discounts or violations. It shows Nissan Versa rates compared to other models that have a range of risk factors.
Your career may increase prices – Do you have a high-stress occupation? Jobs such as lawyers, airline pilots, and medical professionals tend to have higher rates than average because of high stress and lengthy work days. Conversely, careers such as actors, athletes and the unemployed get better rates.
Fewer miles means better premiums – The more you drive your Nissan in a year the more you’ll pay to insure it. The majority of insurers apply a rate based on their usage. Cars and trucks that are left in the garage qualify for better rates than those that get driven frequently. Verify your auto insurance declarations sheet reflects the right rating data. Having the wrong rating on your Versa may be costing you.
Claims statistics for a Nissan Versa – Insurance companies take into consideration historical loss data for every vehicle when setting premium prices. Models that the statistics show to have higher claim amounts or frequency will cost more for specific coverages.
The next table shows the historical insurance loss data for Nissan Versa vehicles. For each coverage type, the statistical loss for all vehicles, without regard to make or model, is set at 100. Numbers that are below 100 mean the vehicle has better than average losses, while values over 100 show a trend for more claims or a tendency for losses to be larger than average.
| Vehicle 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 |
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
How much does Nissan Versa insurance in Cleveland cost?
When shopping for Nissan Versa insurance in Cleveland there are multiple ways to get quotes from lots of Ohio auto insurance companies. The best way to find competitive insurance rates is to use the internet to compare rates.
When quoting auto insurance, remember that more quotes helps increase your odds of locating more affordable insurance.
The auto insurance companies shown below are our best choices to provide comparison quotes in Cleveland, OH. If your goal is to find cheap auto insurance in Ohio, we suggest you visit two to three different companies to get a more complete price comparison.
Detailed insurance information
The information displayed below showcases estimates of coverage costs for Nissan Versa models. Being aware of how premiums are established is important to be able to make smart choices when selecting a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Versa 1.6 SEDAN | $70 | $158 | $256 | $16 | $76 | $576 | $48 |
| Versa 1.8 S Hatchback | $82 | $226 | $256 | $16 | $76 | $656 | $55 |
| Versa 1.8 S SEDAN | $82 | $226 | $256 | $16 | $76 | $656 | $55 |
| Versa 1.8 SL Hatchback | $94 | $260 | $256 | $16 | $76 | $702 | $59 |
| Versa 1.8 SL SEDAN | $94 | $260 | $256 | $16 | $76 | $702 | $59 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Table data does not factor in specific zip code location which can change premium rates greatly.
Choosing deductibles
One of the more difficult decisions when buying insurance is how high should the physical damage coverage deductibles be. The figures shown below can help you visualize the cost difference when you buy lower versus higher comp and collision deductibles. The first rate quote example uses a $100 deductible for comp and collision and the second set of prices uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Versa 1.6 SEDAN | $146 | $290 | $226 | $14 | $68 | $769 | $64 |
| Versa 1.8 S Hatchback | $170 | $416 | $226 | $14 | $68 | $919 | $77 |
| Versa 1.8 S SEDAN | $170 | $416 | $226 | $14 | $68 | $919 | $77 |
| Versa 1.8 SL Hatchback | $196 | $478 | $226 | $14 | $68 | $1,007 | $84 |
| Versa 1.8 SL SEDAN | $196 | $478 | $226 | $14 | $68 | $1,007 | $84 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Versa 1.6 SEDAN | $80 | $152 | $226 | $14 | $68 | $540 | $45 |
| Versa 1.8 S Hatchback | $94 | $220 | $226 | $14 | $68 | $622 | $52 |
| Versa 1.8 S SEDAN | $94 | $220 | $226 | $14 | $68 | $622 | $52 |
| Versa 1.8 SL Hatchback | $108 | $252 | $226 | $14 | $68 | $668 | $56 |
| Versa 1.8 SL SEDAN | $108 | $252 | $226 | $14 | $68 | $668 | $56 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Price information does not factor in specific location which can modify rates substantially.
Based on the figures above, using a $100 deductible will cost you approximately $25 more each month or $300 for a full year across all Nissan Versa models than quoting the higher $1,000 deductible. Since you would have to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to have at least 36 months between claim filings, you would save more money by selecting a higher deductible.
How to determine if a higher deductible is a good idea
| Average monthly premium for $100 deductibles: | $77 |
| Average monthly premium for $1,000 deductibles (subtract): | – $52 |
| Monthly savings from raising deductible: | $25 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $25 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 36 months |
One thing to note is that a higher deductible results in more money out-of-pocket at claim time. That will require some savings in the event you have to pay the deductible.
The illustration below shows how different deductible levels and can impact Nissan Versa insurance costs for different age groups. The costs are based on a married female driver, comp and collision included, and no other discounts are factored in.
Insurance cost for men versus women in Cleveland
The illustration below shows the difference between Nissan Versa insurance prices for male and female drivers. The prices are based on no violations or accidents, full physical damage coverage, $100 deductibles, marital status is single, and no discounts are applied to the premium.
Liability only or full coverage
The example below shows the difference between Nissan Versa insurance costs when comparing full coverage to liability only. The price estimates are based on no claims or violations, $500 deductibles, marital status is single, and no additional discounts are factored in.
When to eliminate full coverage
There is no set rule that works best for making the decision to drop comp and collision coverage, but there is a general convention. If the annual cost of your full coverage insurance is more than about 10% of the settlement you would receive from your company, the it may be a good time to stop paying for full coverage.
For example, let’s say your Nissan Versa replacement value is $3,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most your company would pay you is $2,000 after you pay the deductible. If you are paying more than $200 annually for your policy with full coverage, the it may be a good time to stop paying for full coverage.
There are some scenarios where dropping full coverage is not a good idea. If you still have a loan on your vehicle, you have to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should not buy liability only.
Best reasons to buy insurance in Ohio
Even though it can be expensive, paying for insurance serves an important purpose.
- Most states have minimum liability requirements which means you are required to buy a specific minimum amount of liability insurance if you want to drive legally. In Ohio 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.
- If your Nissan has a lienholder, more than likely the lender will require that you have physical damage coverage to guarantee their interest in the vehicle. If the policy lapses, the lender will be forced to insure your Nissan for a much higher rate and require you to reimburse them for the expensive policy.
- Insurance preserves both your assets and your Nissan Versa. It will also reimburse you for medical expenses that are the result of an accident. Liability coverage also pays expenses related to your legal defense if you are named as a defendant in an auto accident. If your Nissan gets damaged, collision and comprehensive (also known as other-than-collision) coverage will pay to have it repaired.
The benefits of carrying enough insurance definitely exceed the price paid, especially with large liability claims. According to a recent study, the average American driver is overpaying more than $750 every year so shop around once a year at a minimum to help ensure money is not being wasted.
Don’t neglect these discounts on Nissan Versa insurance in Cleveland
Insurance is easily one of your largest bills, but you may be missing some discounts that you may not even know about. Certain discounts will be triggered automatically when you purchase, but some must be requested specifically before you will receive the discount.
- Cleveland Homeowners Pay Less – Owning your own home or condo can earn you a little savings because of the fact that having a home demonstrates responsibility.
- Online Discount – Certain companies give back up to $50 simply for signing over the internet.
- Claim Free – Drivers who don’t have accidents can earn big discounts when compared to insureds who have frequent claims or accidents.
- Multi-policy Discount – If you can bundle your auto and homeowners insurance with one company you may earn at least 10 to 15 percent or more.
- Data Collection Discounts – Drivers that enable driving data collection to track where and when they drive through the use of a telematics system like In-Drive from State Farm and Progressive’s Snapshot might see lower rates if their driving habits are good.
- Life Insurance – Select companies reward you with a small discount if you purchase a life insurance policy as well.
- New Car Discount – Insuring a new Versa can cost up to 25% less compared to insuring an older model.
- Discounts for Government Workers – Having worked for a branch of the government could qualify for a slight premium decrease with some insurance companies.
Don’t be shocked that many deductions do not apply to all coverage premiums. Most only cut specific coverage prices like physical damage coverage or medical payments. Even though it appears it’s possible to get free car insurance, insurance companies wouldn’t stay in business. Any amount of discount will positively reduce your overall bill.
The illustration below shows the difference between Nissan Versa insurance rates with and without discounts applied to the policy premium. The data is based on a male driver, a clean driving record, no at-fault accidents, Ohio state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, claim-free, multi-car, safe-driver, marriage, and homeowner discounts applied.
A partial list of companies that may include some of the above discounts possibly include:
If you need affordable Nissan Versa insurance quotes, ask each insurance company how you can save money. A few discounts may not apply in Cleveland. To choose companies that offer the discounts shown above in Cleveland, click here to view.
Local Cleveland insurance agents
Many drivers prefer to talk to a local agent and that is not a bad decision The best thing about price shopping on the web is that you can find cheaper rates but still work with a licensed agent. And supporting local insurance agents is important particularly in Cleveland.
To make it easy to find an agent, after completing this quick form, the quote information is emailed to companies in Cleveland who will gladly provide quotes for your coverage. You never need to contact an agency since price quotes are sent directly to you. You’ll get the best rates without requiring a lot of work. If you want to quote rates from a specific insurance company, feel free to navigate to their website and give them your coverage information.
Pick the best car insurance agent in Cleveland for you
When narrowing the list to find a local agent, you must know there are a couple types of agencies and how they differ in how they can insure your vehicles. Car insurance agents can be classified as either independent (non-exclusive) or exclusive.
Independent Insurance Agents
Agents that choose to be independent do not have single company limitations and that enables them to quote your coverage with multiple insurance companies and find you cheaper rates. If prices rise, your agent can just switch to a different company which is easy for the insured.
When comparing rate quotes, we highly recommend that you contact at least one independent agent to maximize your price options. Most can insure with companies you’ve never heard of who may have lower rates.
Below is a short list of independent agents in Cleveland that may be able to provide rate quotes.
- Independent Insurance Agency of Ohio
2310 Superior Ave #215 – Cleveland, OH 44114 – (216) 472-8000 – View Map - Coventry Insurance Agency
230 W Huron Rd – Cleveland, OH 44113 – (216) 307-3611 – View Map - Nationwide Insurance: Joseph R Potts
12300 Lorain Ave – Cleveland, OH 44111 – (216) 251-7374 – View Map
Exclusive Car Insurance Agencies
Exclusive agents can only place business with one company and some examples include AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agents are unable to provide rate quotes from other companies so keep that in mind. Exclusive insurance agents receive a lot of sales training on their company’s products which can be an advantage. Many people use the same exclusive agent mostly because of the brand and solid financial strength.
Listed below are exclusive insurance agents in Cleveland willing to provide price quote information.
- Justin Ragor – State Farm Insurance Agent
3878 Rocky River Dr Ste 4 – Cleveland, OH 44111 – (216) 251-5300 – View Map - Allstate Insurance: Nanci Cieckiewicz
4719 State Rd – Cleveland, OH 44109 – (216) 739-0990 – View Map - Farmers Insurance – Earl Soroka
1621 Euclid Ave #408 – Cleveland, OH 44115 – (216) 452-0885 – View Map
Deciding on an car insurance agent is decision based upon more than just the bottom line cost. The following questions are important to ask.
- If you are a high risk driver, do they have special markets for your coverage?
- What is the agency’s Better Business Bureau rating?
- How will an accident affect your rates?
- Are there any discounts for paying up front?
- If your car is totaled, how to they determine the replacement cost?
- Do the agents have professional certifications like CPCU or CIC?
- By raising physical damage deductibles, how much would you save?
Upon getting good feedback to any questions you have and locked in a price quote, you’ve probably found an insurance agent that meets the requirements to service your policy. Just be aware that you can always terminate coverage at any time so don’t think you’re contractually obligated to any specific company indefinitely.
When in doubt talk to an agent
Keep in mind that when it comes to choosing coverage, there is no perfect coverage plan. You are unique so this has to be addressed.
Here are some questions about coverages that might point out whether or not you would benefit from professional advice.
- Does coverage follow the driver or the vehicle?
- When can my company non-renew my policy?
- Will I lose any money if I cancel my policy before it expires?
- Does insurance cover damages from a DUI accident?
- Does medical payments coverage apply to all occupants?
- What is roadside assistance coverage?
- Does coverage extend to a rental car in a foreign country?
- Which companies will insure high-risk drivers?
If it’s difficult to answer those questions then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area.
Don’t give up on cheaper premiums
There are still a few companies who may not offer internet price quotes and usually these smaller providers only sell through independent insurance agents. Cost effective Nissan Versa insurance is possible both online and from local agencies, so you should compare both so you have a total pricing picture.
As you restructure your insurance plan, don’t be tempted to reduce coverage to reduce premium. There have been many cases where an accident victim reduced comprehensive coverage or liability limits only to regret that a couple dollars of savings turned into a financial nightmare. The aim is to buy the best coverage you can find at an affordable rate and still be able to protect your assets.
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