How long has it been since you shopped around for the cheapest Nissan Xterra insurance in Denver? Buying lower priced Denver Nissan Xterra insurance quotes may be somewhat intimidating for drivers new to shopping for insurance on the internet. With literally dozens of online companies, how are drivers expected to possibly compare every one to find the cheapest available price?
Astonishing but true, a large majority of drivers have stayed with the same insurance company for more than four years, and nearly 40% of drivers have never quoted rates to find cheaper coverage. Many consumers in Denver could pocket roughly 35% a year, but they think it's difficult to compare rates and save money.
It's smart to shop coverage around as often as possible since insurance prices change regularly. Just because you had the best deal on Nissan Xterra insurance in Denver last year there is a good chance you can find better rate quotes now. Ignore everything you know about auto insurance because I'm going to let you in on the secrets to the quickest way to eliminate unnecessary coverages and save money on Nissan Xterra insurance in Denver.
There are several ways to compare quotes from companies that offer auto insurance in Colorado. The easiest way by far to find the cheapest Nissan Xterra insurance rates is simply to get online rate quotes. When comparison shopping, comparing more quotes gives you a better chance of getting a lower rate than you're paying now. Not every company allows you to get online price quotes, so it's recommended that you also compare prices from them, too.
The car insurance companies shown below provide free quotes in Colorado. If more than one company is shown, it's a good idea that you visit several of them in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Xterra X 2WD||$166||$232||$368||$22||$110||$898||$75|
|Xterra S 2WD||$256||$344||$358||$22||$108||$1,088||$91|
|Xterra S 4WD||$142||$182||$358||$22||$108||$812||$68|
|Xterra X 4WD||$204||$288||$368||$22||$110||$992||$83|
|Xterra Off Road 4WD||$192||$236||$460||$28||$138||$1,054||$88|
|Xterra SE 2WD||$232||$372||$330||$20||$98||$1,052||$88|
|Xterra SE 4WD||$172||$258||$338||$20||$100||$888||$74|
|Get Your Own Custom Quote Go|
Price data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, multi-policy, and safe-driver. Price information does not factor in Denver location which can decrease or increase rates considerably.
Responsible drivers pay cheaper auto insurance rates
The information below illustrates how violations and at-fault claims impact Nissan Xterra car insurance rates for different age groups of insureds. The rates are based on a single male driver, full coverage, $1,000 deductibles, and no policy discounts are applied.
Nissan Xterra insurance premiums by gender
The information below illustrates the comparison of Nissan Xterra car insurance rates for male and female drivers. The data assumes no claims, a clean driving record, full coverage, $500 deductibles, single marital status, and no other discounts are factored in.
Price comparison of only insuring for liability
The diagram below illustrates the comparison of Nissan Xterra auto insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premiums assume no tickets, no at-fault accidents, $100 deductibles, single female driver, and no discounts are applied to the premium.
Guidelines for dropping full coverage
There is no specific rule that is best for determining when to drop full coverage on your policy, but there is a general school of thought. If the yearly cost of comp and collision coverage is more than around 10% of the vehicle's replacement cost less your deductible, then you might consider buying liability only.
For example, let's say your Nissan Xterra replacement cost is $4,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $3,000 after the policy deductible has been paid. If you are paying in excess of $300 a year for physical damage coverage, then it might be time to consider dropping full coverage.
There are some conditions where only buying liability is not a good plan. If you still owe a portion of the original loan, you are required to maintain full coverage as part of the loan conditions. Also, if you don't have enough money to buy a different vehicle if your current one is totaled, you should maintain full coverage.
Three main reasons to buy insurance
Even though it can be expensive, maintaining insurance serves several important purposes.
- The majority of states have compulsory liability insurance requirements which means you are required to buy specific limits of liability if you don't want to risk a ticket. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If your Nissan has a lienholder, most banks will have a requirement that you have insurance to guarantee loan repayment. If the policy lapses, the bank will be required to insure your Nissan at an extremely high rate and require you to reimburse them for the much more expensive policy.
- Insurance safeguards both your assets and your Nissan. Insurance will pay for most medical and hospital costs for yourself as well as anyone injured by you. Liability coverage will also pay for a defense attorney if anyone sues you for causing an accident. If your vehicle suffers damage from an accident or hail, comprehensive (other-than-collision) and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of buying enough insurance more than cancel out the cost, particularly for liability claims. According to a survey of 1,000 drivers, the average driver is overpaying over $810 a year so it's important to compare rates every year to ensure rates are inline.
Save a ton on Nissan Xterra insurance in Denver with these ten discounts
Buying car insurance is not cheap, but there are discounts available that many consumers don't even know exist. Many of these discounts will be applied automatically when you purchase, but some discounts are required to be specifically requested before they will apply.
- Employee of Federal Government - Active or former government employment can earn a discount up to 10% depending on your car insurance provider.
- Distant College Student Discount - Youth drivers living away from Denver attending college and won't have access to an insured vehicle can receive lower rates.
- Bundle and Save - When you combine your homeowners and auto insurance and place coverage with the same company you will save up to 20% and get you inexpensive Nissan Xterra insurance in Denver.
- Early Signing - A few insurance companies offer discounts for switching policies before your current expiration date. It could save around 10% when you buy Denver auto insurance online.
- Seat Belt Discounts - Requiring all passengers to fasten their seat belts could save 15% on the premium charged for medical payments and/or PIP.
- 55 and Retired - Mature drivers can get a small discount on rates.
- Military Rewards - Having an actively deployed family member could qualify you for better rates.
- More Vehicles More Savings - Buying insurance for all your vehicles with the same car insurance company could earn a price break for each car.
- Passive Restraints - Vehicles with factory air bags or automatic seat belts may qualify for discounts up to 30%.
- Driver Safety - Completing a course teaching driver safety skills could save 5% or more and make you a better driver.
Drivers should understand that most of the big mark downs will not be given to your bottom line cost. Most only apply to specific coverage prices like physical damage coverage or medical payments. Just because it seems like all the discounts add up to a free policy, you're out of luck.
To see companies who offer cheap Nissan Xterra insurance quotes in Denver in Colorado, click this link.
Auto insurance can get complicated
Keep in mind that when it comes to choosing insurance from an agent or online for your personal vehicles, there really isn't a best way to insure your cars. Your financial needs are unique.
These are some specific questions might point out if your insurance needs might need an agent's assistance.
- Does low annual mileage earn a discount?
- Should I drop comprehensive coverage on older vehicles?
- How do I insure my teen driver?
- What is PIP insurance?
- Can my teen drive my company car?
- Does coverage follow the driver or the vehicle?
- At what point should I drop full coverage?
- How can I find cheaper teen driver insurance?
- Do all my vehicles need collision coverage?
- Is my custom paint covered by insurance?
If you don't know the answers to these questions but one or more may apply to you, then you may want to think about talking to an agent. To find an agent in your area, complete this form.
Buying insurance from Denver insurance agents
Many drivers still like to sit down and talk to an agent. The biggest benefit of comparing insurance online is you may find cheap rate quotes and also buy local. Putting coverage with neighborhood insurance agencies is definitely important in Denver.
By using this short form, your insurance coverage information is sent to insurance agents in Denver who will return price quotes for your business. You won't even need to find an agent on your own due to the fact that quote results will go to you. It's the lowest rates and an insurance agent to talk to. If you need to get a rate quote from a particular provider, you can always find their quoting web page and complete a quote there.
Finding the right insurer is decision based upon more than just the premium amount. Agents should be asked these questions:
- How experienced are they in personal risk management?
- Is there a 24/7 contact number?
- Do they have designations such as AIC, CPCU, or CIC?
- Do you have coverage for a rental car if your vehicle is in the repair shop?
- How long has their agency been open in Denver?
- What kind of financial rating does the company have?
- Will they give you a referral list?
- Are aftermarket or OEM parts used to repair vehicles?
After talking to the agent and getting satisfactory answers to all your questions as well as a affordable price, chances are good that you have found an insurer that is a good match to properly insure your vehicles. But keep in mind once you purchase a policy you can cancel your coverage at any point so never assume that you are permanently stuck with your new company for any length of time.
Car insurance coverage considerations
Having a good grasp of your policy aids in choosing the right coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and coverage can change by endorsement.
This coverage will pay to fix damage to your Xterra caused by collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers claims like hitting a mailbox, sideswiping another vehicle, crashing into a ditch, crashing into a building and damaging your car on a curb. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. Another option is to bump up the deductible on your Xterra to bring the cost down.
Liability insurance protects you from damage that occurs to other's property or people that is your fault. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 25/50/15 that means you have $25,000 in coverage for each person's injuries, a per accident bodily injury limit of $50,000, and a limit of $15,000 paid for damaged property. Alternatively, you may have a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.
Liability insurance covers claims like attorney fees, funeral expenses and loss of income. How much liability coverage do you need? That is a decision to put some thought into, but it's cheap coverage so purchase as high a limit as you can afford. Colorado state minimum liability requirements are 25/50/15 but it's recommended drivers buy better liability coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage
Your UM/UIM coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle's damage.
Due to the fact that many Colorado drivers carry very low liability coverage limits (25/50/15 in Colorado), their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time these coverages do not exceed the liability coverage limits.
Medical payments and PIP coverage
Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for nursing services, rehabilitation expenses and funeral costs. They are used in conjunction with a health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay
Comprehensive auto coverage
This pays for damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.
Comprehensive coverage protects against things like fire damage, damage from a tornado or hurricane and hail damage. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
Be persistent to save money
We just showed you some good ideas how to compare Nissan Xterra insurance premium rates in Denver. The key thing to remember is the more quotes you get, the better chance you'll have of finding the cheapest Nissan Xterra rate quotes. Drivers may even discover the best premium rates are with some of the lesser-known companies.
As you prepare to switch companies, do not reduce coverage to reduce premium. In many cases, someone sacrificed liability coverage limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your objective should be to purchase a proper amount of coverage at an affordable rate, but do not skimp to save money.
Consumers switch companies for a number of reasons such as lack of trust in their agent, unfair underwriting practices, delays in paying claims or even policy cancellation. Whatever your reason, switching companies is not as hard as you think.
More tips and info about auto insurance is available in these articles:
- When is the Right Time to Switch Car Insurance Companies? (Allstate)
- Who Has Affordable Car Insurance Quotes for a Dodge Ram in Colorado? (FAQ)
- What is the Best Auto Insurance in Boulder, Colorado? (FAQ)
- Who Has the Cheapest Colorado Car Insurance for a Chevrolet Cruze? (FAQ)
- Who Has Affordable Auto Insurance for Government Employees in Colorado? (FAQ)
- What Car Insurance is Cheapest for a Honda CR-V in Colorado? (FAQ)
- Who Has Affordable Auto Insurance Rates for High Mileage Drivers in Colorado? (FAQ)
- What Determines the Price of My Auto Insurance Policy? (Insurance Information Institute)
- Get the Right Protection (InsureUonline.org)
- Collision Insurance Coverage (Nationwide)
- Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)