Discount Nissan Versa insuranceOnline rate comparisons for cheaper Versa insurance can be a challenge if you are someone who has never done online price comparisons. Don't worry though because we're going to show you how to find lower-cost Nissan Versa in Colorado Springs.

Shocking but true, 70% of consumers kept buying from the same company for at least four years, and nearly half have never compared rate quotes at all. With the average premium in the United States being $1,847, drivers could save an average of roughly $859 each year by just comparing quotes, but they don't believe the big savings they would realize if they just switched companies.

Where can I get cheap Colorado Springs Nissan Versa insurance?

All the larger insurance companies allow you to get pricing directly from their websites. Getting online quotes for Nissan Versa insurance in Colorado Springs is fairly simple because you just enter your personal and coverage information into the form. After the form is submitted, the company's rating system requests your driving record and credit report and returns a price quote.

Getting online price quotes for Nissan Versa insurance in Colorado Springs helps simplify price comparisons, and it's very important to compare as many rates as possible if you want to get affordable prices.

To find out if lower rates are available, compare quotes from the companies shown below. To compare your current rates, we recommend you replicate the limits and deductibles just like they are on your policy. This ensures you are getting a rate comparison based on similar coverages.

The following companies are ready to provide free rate quotes in Colorado Springs, CO. If the list has multiple companies, we suggest you get price quotes from several of them to find the lowest auto insurance rates.

Nissan Versa Insurance Rate Estimates in Colorado Springs, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Versa 1.6 SEDAN $172 $372 $330 $20 $98 $992 $83
Versa 1.8 S Hatchback $166 $426 $396 $24 $118 $1,130 $94
Versa 1.8 S SEDAN $204 $528 $396 $24 $118 $1,270 $106
Versa 1.8 SL Hatchback $190 $490 $396 $24 $118 $1,218 $102
Versa 1.8 SL SEDAN $144 $382 $368 $22 $110 $1,026 $86
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Data based on married female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Information does not factor in specific zip code location which can affect coverage rates substantially.

Raise deductibles and save

The illustration below demonstrates how deductibles and can influence Nissan Versa annual premium costs for each different age category. The rates are based on a single female driver, comprehensive and collision coverage, and no discounts are applied to the premium.

Should you raise deductibles?

When buying auto insurance, a common question is how high should the deductibles for physical damage be. The premium rates below lay out how much more rates are of buying low and high comp and collision deductibles. The first set of prices uses a $100 physical damage deductible and the second set of rates uses a $500 deductible.

Nissan Versa insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Versa 1.6 SEDAN $224 $448 $352 $20 $106 $1,175 $98
Versa 1.8 S Hatchback $264 $644 $352 $20 $106 $1,411 $118
Versa 1.8 S SEDAN $264 $644 $352 $20 $106 $1,411 $118
Versa 1.8 SL Hatchback $302 $740 $352 $20 $106 $1,545 $129
Versa 1.8 SL SEDAN $302 $740 $352 $20 $106 $1,545 $129
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Nissan Versa insurance premium estimates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Versa 1.6 SEDAN $164 $304 $352 $20 $106 $946 $79
Versa 1.8 S Hatchback $192 $434 $352 $20 $106 $1,104 $92
Versa 1.8 S SEDAN $192 $434 $352 $20 $106 $1,104 $92
Versa 1.8 SL Hatchback $220 $500 $352 $20 $106 $1,198 $100
Versa 1.8 SL SEDAN $220 $500 $352 $20 $106 $1,198 $100
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Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Price information does not factor in the specific area where the vehicle is garaged which can modify prices noticeably.

We can estimate from the data above that using a $100 deductible will cost you approximately $25 more each month or $300 annually than buying the higher $500 deductible. Due to the fact that you would have to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you tend to go at a minimum 16 months between claim filings, you would probably save some money going with the higher deductible. The table below illustrates an example of how you can make your own decision.

Average monthly premium for $100 deductibles: $118
Average monthly premium for $500 deductibles (subtract): - $93
Monthly savings from raising deductible: $25
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $25
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 16 months

An important sidenote is that a higher deductible results in a higher out-of-pocket expense when you have a comprehensive or collision claim. You will want to have enough money in the bank in the event you need to pay the deductible to have repairs made.

Cautious Colorado Springs drivers save money

The example below shows how speeding tickets and accident claims drive up Nissan Versa yearly insurance costs for different age groups. Data assumes a single female driver, comp and collision included, $1,000 deductibles, and no other discounts are factored in.

Reduce your car insurance rates with discounts

Insurance can be prohibitively expensive, but there's a good chance there are discounts that may help make it more affordable. A few discounts will be applied at quote time, but some discounts are required to be asked for before being credited.Save money with discounts

Drivers should understand that most discounts do not apply to the entire cost. Some only apply to the price of certain insurance coverages like comprehensive or collision. Even though the math looks like you would end up receiving a 100% discount, it doesn't quite work that way.

Companies and their offered discounts are detailed below.

It's a good idea to ask all companies you are considering how you can save money. All car insurance discounts might not be available to policyholders in Colorado Springs.

Why you need to buy car insurance

Despite the high insurance cost for a Nissan Versa in Colorado Springs, maintaining insurance is required for several reasons.

First, just about all states have compulsory liability insurance requirements which means you are required to buy specific minimum amounts of liability if you drive a vehicle. 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.

Second, if you bought your vehicle with a loan, almost every bank will make it mandatory that you have insurance to guarantee payment of the loan. If you default on your policy, the bank or lender will purchase a policy for your Nissan at a significantly higher premium and require you to fork over the higher premium.

Third, insurance safeguards not only your car but also your financial assets. It will also cover all forms of medical expenses for yourself as well as anyone injured by you. Liability insurance, one of your policy coverages, will also pay attorney fees if you cause an accident and are sued. If mother nature or an accident damages your car, collision and comprehensive coverages will cover the repair costs.

The benefits of carrying enough insurance definitely exceed the price paid, particularly if you ever have a claim. An average driver in America overpays as much as $825 a year so compare quotes from several companies at every renewal to ensure rates are inline.

Are auto insurance agents of importance?

Some people just want to talk to an insurance agent and that is a smart decision One of the best bonuses of price shopping on the web is that drivers can save money and get cheaper prices and still have an agent to talk to.

Insurance agency in Colorado SpringsTo make it easy to find an agent, after completing this simple form, the quote information is submitted to local insurance agents who will give competitive quotes for your business. You won't even need to leave your house because quoted prices will be sent directly to your email. It's the lowest rates without a big time investment. In the event you want to get a price quote from a particular provider, you would need to search and find their rate quote page to submit a rate quote request.

Deciding on an company should include more criteria than just a cheap price quote. Agents should be asked these questions: