Are you looking for the cheapest insurance rates in Cleveland, OH? Cleveland buyers have lots of choices when searching for low-cost Nissan cube insurance. You can either spend your time contacting agents to get rate comparisons or save time using the internet to get rate quotes. There are both good and bad ways to compare insurance rates so we’re going to tell you the quickest way to compare rates for a Nissan and locate the lowest possible price either online or from Cleveland insurance agents.
If you already have coverage or need a new policy, you can use these techniques to shop for the lowest rates without having to cut coverage. This article’s intent is to teach you a little about how insurance works and how you can save the most money. Comparison shoppers only have to learn how to get comparison rates online.
Why Your Insurance Premiums might be higher
Many different elements are taken into consideration when quoting car insurance. Some are pretty understandable like a motor vehicle report, but other criteria are more transparent such as whether you are married or how financially stable you are. The best way to find cheaper insurance is to take a look at some of the factors that help determine your policy premiums. If you know what determines base rates, this empowers consumers to make smart changes that could help you find lower premium levels.
The following are most of the major factors utilized by car insurance companies to help set premiums.
- Lower rates with a multi-policy discount – Lots of insurance companies afford discounts to people who carry more than one policy, otherwise known as a multi-policy discount. Discounts can be anywhere from five to ten percent in most cases. Even though this discount sounds good, drivers will still want to compare other company rates to guarantee you are still saving the most.
- Vehicle features that cut premiums – Buying a car that has a built-in theft deterrent system can help lower your premiums. Theft prevention features like OnStar, LoJack tracking, and tamper alarms can help prevent vehicle theft.
- Low credit score equals high premiums – An insured’s credit score factor in calculating your premium rate. Therefore, if your credit score is not that good, you could save money insuring your Nissan cube by taking the time to improve your credit score. Consumers who have very good credit scores tend to file fewer claims than those with lower credit ratings.
- Do you have a demanding vocation? – Did you know your insurance rates can be affected by your occupation? Careers like military generals, air traffic controllers, and financial analysts generally pay higher rates than the rest of us in part from intense work situations and lots of time spent at work. Conversely, careers like scientists, engineers and homemakers have lower than average premiums.
- How much liability – Your insurance policy’s liability coverage will afford coverage when you are found liable for damages from an accident. It provides you with a defense in court which can cost a lot. This coverage is very inexpensive when compared with rates for comp and collision, so do not cut corners here.
Drive a fast vehicle and pay more – The performance level of the vehicle you need insurance for makes a huge difference in your rates. The best insurance prices are generally reserved for low performance passenger cars, but there are many factors that impact the final cost.
The following data uses these variables: married female driver age 50, full coverage with $250 deductibles, and no discounts or violations. The chart compares Nissan cube policy rates compared to other models of vehicles that have a range of risk factors.
- Never allow your policy to lapse – Having an insurance coverage lapse is a guaranteed way to trigger a rate increase. In addition to paying higher premiums, failure to provide proof of insurance will get you fines and jail time.
- Five star safety rating saves money – Vehicles with high crash test scores can get you lower premiums. Vehicles built for safety have better occupant injury protection and any reduction in injury severity means your insurance company pays less and more competitive rates for policyholders. If your Nissan cube is rated at a minimum four stars on Safercar.gov you may pay a lower rate.
Insurance statistics and figures
The price information displayed next outlines a range of policy rates for Nissan cube models. Understanding how premiums are formulated can help guide drivers when making smart choices when selecting a policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Cube S 2WD||$168||$274||$296||$18||$88||$844||$70|
|Cube SL 2WD||$168||$334||$296||$18||$88||$904||$75|
|Cube Krom 2WD||$190||$394||$296||$18||$88||$986||$82|
|Get Your Own Custom Quote Go|
Above prices assume single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Ohio minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-policy, and multi-vehicle. Rate quotes do not factor in Cleveland location which can affect prices greatly.
The chart below illustrates how choosing a deductible and can affect Nissan cube yearly insurance costs for different age groups of insureds. The premiums are based on a married female driver, full physical damage coverage, and no additional discounts are factored in.
Annual premiums comparing men and women
The diagram below illustrates the comparison of Nissan cube auto insurance costs for male and female drivers. The prices are based on no driving violations, no at-fault accidents, comprehensive and collision coverage, $1,000 deductibles, drivers are not married, and no discounts are applied to the premium.
Rate comparison of full coverage and liability-only
The example below illustrates the difference between Nissan cube auto insurance costs with full physical damage coverage and with liability coverage only. The rate quotes are based on no claims or driving violations, $1,000 deductibles, drivers are not married, and no discounts are taken into consideration.
Deciding between full coverage and liability only
There is no definitive rule to exclude comprehensive and collision coverage on your policy, but there is a general convention. If the annual cost of having full coverage is more than about 10% of any settlement you would receive from your insurance company, then it might be time to consider dropping full coverage.
For example, let’s assume your Nissan cube claim settlement value is $8,000 and you have $1,000 deductibles. If your vehicle is totaled, the most you would get paid by your company is $7,000 after paying your policy deductible. If it’s costing you more than $700 annually for comprehensive and collision coverage, then it might be time to buy liability only.
There are some situations where dropping full coverage is not advised. If you haven’t paid off your loan, you have to carry full coverage in order to keep the loan. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.
Slash your insurance rates with discounts
Car insurance is not cheap, but there are discounts available that you may not even be aware of. Many discounts should be triggered at the time you complete a quote, but occasionally some discounts must be inquired about before you will receive the discount.
- Own a Home and Save – Just being a homeowner can save you money since home ownership means you have a higher level of financial diligence.
- Military Discounts – Being deployed in the military can result in better premium rates.
- Accident-Free Discounts – Drivers who don’t have accidents pay much less as opposed to drivers who are more careless.
- Anti-theft Discount – Cars and trucks equipped with tracking devices and advanced anti-theft systems have a lower chance of being stolen and that can save you a little bit as well.
- ABS Braking Discount – Cars and trucks that have steering control and anti-lock brakes can avoid accidents and therefore earn up to a 10% discount.
- Senior Citizen Rates – If you qualify as a senior citizen, you may be able to get a small discount on rates.
Consumers should know that most discounts do not apply to the entire cost. Most only reduce individual premiums such as physical damage coverage or medical payments. So despite the fact that it appears adding up those discounts means a free policy, that’s just not realistic.
The information below shows the comparison of Nissan cube insurance premiums with and without some available policy discounts. The premiums are based on a male driver, a clean driving record, no at-fault accidents, Ohio state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, marriage, safe-driver, multi-policy, claim-free, and multi-car discounts applied.
Car insurance companies that have some of the above discounts include:
If you want affordable Cleveland auto insurance quotes, ask all companies you are considering the best way to save money. Some credits might not be offered in your area. To see insurance companies that provide some of the discounts listed above in Cleveland, click here.
Lower rates by being persistent
When getting Cleveland auto insurance quotes online, make sure you don’t sacrifice coverage to reduce premiums. There are many occasions where consumers will sacrifice liability coverage limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your objective should be to buy the best coverage you can find at the best cost, but don’t skip important coverages to save money.
We just presented many ways to compare Nissan cube insurance prices in Cleveland. The key thing to remember is the more companies you get rates for, the better chance you’ll have of finding the cheapest Nissan cube rate quotes. Drivers may even discover the best price on insurance is with a smaller regional carrier. Smaller companies may only write in your state and offer lower rates compared to the large companies like Allstate, GEICO and Progressive.
How to find lower priced Nissan cube insurance in Cleveland
To save the most money, the best way to quote cheaper auto insurance rates in Cleveland is to compare quotes annually from insurance carriers who provide auto insurance in Ohio.
- Step 1: Read and learn about how your policy works and the modifications you can make to keep rates low. Many things that cause rate increases such as tickets, at-fault accidents, and a negative credit score can be amended by improving your driving habits or financial responsibility.
- Step 2: Request rate estimates from direct, independent, and exclusive agents. Direct and exclusive agents can give quotes from one company like GEICO and State Farm, while independent agencies can provide prices for a wide range of insurance providers.
- Step 3: Compare the new quotes to the premium of your current policy and determine if cheaper cube coverage is available in Cleveland. If you find a lower rate and change companies, ensure coverage does not lapse between policies.
- Step 4: Give notification to your current company to cancel your current car insurance policy and submit any necessary down payment along with the completed application for the new coverage. As soon as coverage is bound, put the new certificate verifying coverage in an easily accessible location in your vehicle.
The most important part of shopping around is to make sure you’re comparing the same amount of coverage on every quote request and and to get rate quotes from all possible companies. Doing this enables an apples-to-apples comparison and the most accurate and complete price analysis.
For more information, take a look at these articles:
- Older Drivers FAQ (iihs.org)
- What Car Insurance is Cheapest for Drivers with Accidents in Cleveland? (FAQ)
- Who Has Affordable Car Insurance Rates for Drivers Under 21 in Cleveland? (FAQ)
- Can I Drive Legally without Insurance? (Insurance Information Institute)
- Auto Theft Statistics (Insurance Information Institute)