Finding affordable coverage for a Nissan Altima is dependent upon a complicated formula that considers factors such as miles driven annually, if you have recent claims, and your driving record. Texas drivers pay around $1,052 each year for Altima insurance, but that price is calculated using a 40-year-old married male driver with full physical damage coverage and $500 deductibles.
The issue with using an average estimated rate is the likelihood you may not be 40 years old (or even male), maybe you are single instead of married, or maybe you want different physical damage deductibles. Auto insurance requires individual risk assessment, so the way we recommend to find the cheapest insurance price for your Nissan is to do your own rate comparisons. In just a few minutes you can get rates from top-rated car insurance companies in Texas.
Your vehicle’s trim level will likely have an effect on the coverage cost, so the price you will be charged to insure a Altima 2.5 4-Dr Sedan trim level will be $228 cheaper than the price to insure the higher-priced Altima 3.5 SR 2-Dr Coupe model, as shown in the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Altima 2.5 4-Dr Sedan||$218||$368||$392||$24||$118||$1,120||$93|
|Altima 2.5 S 4-Dr Sedan||$218||$434||$392||$24||$118||$1,186||$99|
|Altima Hybrid 4-Dr Sedan||$246||$434||$392||$24||$118||$1,214||$101|
|Altima 2.5 S 2-Dr Coupe||$246||$434||$444||$26||$132||$1,282||$107|
|Altima 3.5 SR 4-Dr Sedan||$246||$434||$392||$24||$118||$1,214||$101|
|Altima 3.5 SR 2-Dr Coupe||$246||$500||$444||$26||$132||$1,348||$112|
|Get Your Own Custom Quote Go|
Above prices assume married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, homeowner, and safe-driver. Estimates do not factor in specific garaging location which can revise auto insurance rates considerably.
Finding a good quality company is hard considering how many choices drivers have in Plano. The ranking information displayed below may help you choose which insurers you want to consider comparing rate quotes with. The rankings below are only made up of insurance companies that insure vehicles in the majority of U.S. states, so companies without a large exposure are not taken into consideration for the list.
Top 10 Large Auto Insurers in Plano Ranked by Value
- Mercury Insurance
- American Family
- AAA Insurance
- Safeco Insurance
- The Hartford
- The General
- 21st Century
How to get discounts on Plano car insurance rates
Insurance companies that offer cheap quotes for a Nissan Altima may also provide special discounts that can reduce rates by 40% or more if you qualify for them. The best car insurance companies and the discounts they provide can be read below.
- Mercury Insurance may offer discounts for location of vehicle, age of vehicle, accident-free, annual mileage, good driver, type of vehicle, and professional/association.
- Farmers Insurance has savings for early shopping, teen driver, switch companies, alternative fuel, and multi-car.
- Farm Bureau offers discounts for multi-vehicle, good student, renewal discount, driver training, multi-policy, 55 and retired, and safe driver.
- State Farm policyholders can earn discounts including good driver, multiple autos, student away at school, anti-theft, accident-free, and driver’s education.
- Allstate discounts include eSmart discount, anti-theft, 55 and retired, passive restraint, anti-lock brakes, premier plus, and teenSMART discount.
- GEICO offers premium reductions for multi-policy, good student, multi-vehicle, military active duty, anti-lock brakes, daytime running lights, and air bags.
The example below shows the comparison of premium costs with and without policy discounts. The prices are based on a male driver, no accidents, no driving violations, Texas state minimum liability limits, comprehensive and collision coverage, and $500 deductibles.
The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with claim-free, multiple vehicle, defensive driving course, accident-free, homeowner, and marriage discounts applied. With discounts applied, the average savings per year on car insurance for a Nissan Altima is 28% or $716.
Safe drivers Plano pay cheaper rates
In a perfect world, the ideal way to maintain the cheapest car insurance prices in Texas for an Altima is to pay attention while driving and avoid tickets and accidents. The information below highlights how speeding tickets and at-fault claims increase insurance costs for different age groups. The price estimates are based on a married female driver, full physical damage coverage, $1,000 deductibles, and no other discounts are factored in.
In the previous chart, the average cost of car insurance in Plano per year with no accidents and a clean driving record is $1,729. Get written up for one speeding ticket and the average cost increases to $2,021, an increase of $292 each year. Then add one accident along with the one speeding ticket and the annual cost of car insurance for a Nissan Altima jumps again to an average of $2,838. That’s an increase of $1,109, or $92 per month, just for not driving responsibly!
Why you should be shopping around
Texas car insurance rates are impacted by many things which can substantially change the price you have to pay for coverage. Simply improving your credit, buying another vehicle, or having an accident can cause premium changes resulting in some companies being cheaper in comparison to the competition.
In addition, insurers modify pricing every year or even multiple times each year to reflect underwriting profits or losses. A period of increased losses can cause high rates, while long-term profits may produce lower-priced Altima insurance rates.
To illustrate this point, the bar chart below demonstrates which company has the cheapest car insurance in Plano, TX for a 35-year-old female driver with no accidents, a clean driving record, and excellent credit. When comparing rates based on her personal profile, Travelers has the lowest car insurance rates in Plano at $1,103 annually. This is $801 less than the average policy premium paid by Texas drivers of $1,904. USAA, Texas Farm Bureau, Germania Mutual, and Esurance are the remainder of the cheapest Plano, TX auto insurance companies.
Now we will pretend the driver from the above example an at-fault accident, less-than-perfect credit, and a traffic citation. Since each auto insurer has their own unique process to set their prices, comparing prices may now present a new list of the cheapest car insurance companies in Plano as shown below.
State Farm now has the best price in Plano, TX with Mercury, USAA, Nationwide, and Safe Auto now being in the top five. This example demonstrates why drivers need to compare rates when trying to get the lowest insurance rates for a Nissan Altima. Rates are influenced by many different factors and change dramatically, so the cheapest company when you last compared rates may now be quite expensive.
How to find low-cost insurance for a Nissan Altima
Here are some of the better money-saving suggestions that can help drivers locate cheaper car insurance.
- Clean up your credit rating
- Bundle home and auto and save
- Buy a safer vehicle
- Don’t waste money on full coverage for older vehicles
- Staying accident-free helps keep rates low
- Look for cheaper rates once a year by shopping around
The last idea is remarkably vital, as we stressed in this article. Auto insurance prices can change considerably in a year, so drivers shouldn’t be resistant to switch companies if a cheaper price is available.
We understand brand loyalty, but we do not recommend it if that stubbornness costs you big bucks every year. It takes less than five minutes to shop around and find cheaper car insurance for a Nissan Altima in Plano.