Buying the cheapest coverage for a Nissan Rogue in Colorado hinges on an enormous amount of factors such as whether you are married, if you are a frequent claim filer, and the deductible amount you use. Colorado drivers pay approximately $1,074 a year to insure their Rogue, but that amount is an estimate calculated based on a 30-year-old single male driver with both comprehensive and collision coverage and $500 deductibles.
There is a good probability you are not 30 and maybe not even a male, maybe you are married instead of single, or maybe you have a speeding ticket or two that will increase rates. Having different needs demonstrates why the way we recommend to find cheap insurance prices for your Nissan is to compare rates from as many companies as possible. Comparing quotes is easy and you will receive rate quotes from some of the best insurers in Colorado.
Your Nissan's trim level will have an impact the coverage cost, so the price you will pay to insure a Rogue S 2WD model will be $66 less than the insurance cost for the higher-end Rogue SL AWD trim level, as shown below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Rogue S 2WD||$252||$368||$520||$30||$156||$1,326||$111|
|Rogue S AWD||$252||$368||$520||$30||$156||$1,326||$111|
|Rogue SL 2WD||$252||$368||$520||$30||$156||$1,326||$111|
|Rogue SL AWD||$252||$434||$520||$30||$156||$1,392||$116|
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Data variables include single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, multi-vehicle, and safe-driver. Premium amounts do not factor in your specific Colorado location which can impact coverage prices noticeably.
Establishing which company has the best insurance rates for a Nissan Rogue in Colorado calls for a little more sweat in order to find coverage that fits your buget. Each auto insurer used slightly different criteria for determining prices, so we need to take a look at the most affordable insurance companies in Colorado.
Find the Best Cheap Insurance for Your Nissan
|Rank||Company||Cost Per Year|
|15||Colorado Farm Bureau||$1,624|
|Quote Your Rates Go|
The Hartford offers some of the cheapest car insurance rates in Colorado at around $834 each year. Grange, USAA, Nationwide, and GEICO also are some of the cheapest Colorado car insurance companies.
As shown in the rates above, if you currently have a policy with GEICO and switched to Grange, you may see yearly savings of roughly $189. Policyholders with Auto-Owners may save as much as $217 a year, and Travelers insureds might reduce rates by $220 a year.
These rates are averages for all types of insureds and vehicles and and are not figured with a specific rating modification for a Nissan Rogue. So the auto insurance company that fits your needs best may not even be in the top 21 companies shown above. That point stresses why you need to get rate quotes using your own driver data and vehicle information.
How accidents and tickets impact rates in Colorado
The easiest method to obtain affordable insurance premiums for a Rogue is to be an attentive driver and avoid accidents and traffic violations. The chart below highlights how speeding tickets and accident claims can increase insurance costs for different age groups of insureds. The rate quotes are based on a single male driver, full physical damage coverage, $500 deductibles, and no other discounts are factored in.
The data in the chart shows the average cost of an auto insurance policy in Colorado per year with no accidents and a clean driving record is $2,087. Add in two speeding tickets and the average cost surges to $2,753, an increase of $666 each year. Next add one accident along with the two speeding tickets and the yearly cost of insurance for a Nissan Rogue in Colorado increases to an average of $3,430. That's an increase of $1,343, or $112 per month, just for not driving responsibly!
Do you need full coverage?
Saving money when shopping for insurance is the goal of the majority of vehicle owners, and one of the quickest ways to pay lower rates for insurance for a Nissan Rogue in Colorado is to not pay for full coverage. The example below compares insurance costs with liability coverage only compared to full coverage. The premiums assume no accidents, no driving violations, $100 deductibles, drivers are single, and no policy discounts are applied.
As an overall average, physical damage coverage costs $2,516 per year more than carrying just liability coverage. That brings up the question if you should buy full coverage at all. There is no definitive guideline of when to stop paying for full coverage on your policy, but there is a general convention. If the annual cost of having full coverage is more than around 10% of any settlement you would receive from your insurance company, then you may want to consider only buying liability coverage.
For example, let's say your vehicle's claim settlement value is $12,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, you would only receive $11,000 after the deductible is paid. If you are currently paying more than $1,100 annually for physical damage coverage, then it might be time to buy liability only.
There are a few situations where buying only liability insurance is not recommended. If you still have a loan on your vehicle, you must maintain physical damage coverage as part of the loan requirements. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should not opt for liability only.
Get discount Colorado auto insurance
Car insurance companies that provide coverage for a Nissan Rogue may have discounts that may potentially lower prices by 30% or more if you are eligible. A few popular companies and some of their more popular discounts are:
- GEICO offers discounts for multi-policy, good student, anti-theft, air bags, military active duty, and federal employee.
- MetLife may have discounts that include accident-free, good student, defensive driver, good driver, claim-free, multi-policy
- State Farm has savings for driver's education, multiple autos, good driver, safe vehicle, Steer Clear safe driver discount, Drive Safe & Save, and good student.
- Progressive may include discounts for good student, multi-policy, online quote discount, online signing, and multi-vehicle.
- Mercury Insurance includes discounts for multi-car, annual mileage, ease of repair, anti-theft, and multi-policy.
- 21st Century discounts include automatic seat belts, homeowners, theft prevention, 55 and older, and good student.
- Allstate policyholders can earn discounts including teenSMART discount, new car, premier plus, premier discount, and 55 and retired.
The diagram below illustrates the difference between insurance rates with and without discounts being applied to the rates. The price estimates are based on a female driver, no claims or driving citations, Colorado state minimum liability limits, comp and collision included, and $100 deductibles.
The first bar for each age group shows the average rate with no discounts. The lower bar shows the rates with defensive driving course, vehicle safety, safe-driver, homeowner, passive restraint, and accident-free discounts applied. When these discounts are applied, the the average amount saved on insurance for a Nissan Rogue is 28% or $664.