Best Ways to Save on Plano Nissan Maxima Insurance

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Insurance rates Nissan Maxima in PlanoUnbelievably, over 70% of consumers have bought auto insurance from the same company for four years or more, and practically 40% of auto insurance customers have never compared rates with other companies. With the average auto insurance premium being $1,847, American drivers could save roughly $860 each year by just comparing rate quotes, but they just feel it's too hard to go online and compare rates.

Really, the only way to get affordable Nissan Maxima insurance in Plano is to compare prices at least once a year from insurers in Texas. Rates can be compared by following these steps.

  1. Read and learn about how car insurance works and the changes you can make to keep rates low. Many factors that cause rate increases like accidents, careless driving, and poor credit rating can be rectified by improving your driving habits or financial responsibility. Keep reading for additional tips to help reduce premium rates and find available discounts that you may qualify for.
  2. Request price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can provide rates from a single company like GEICO and Allstate, while independent agencies can quote rates for a wide range of companies.
  3. Compare the new quotes to the premium of your current policy to see if a cheaper rate is available. If you find a lower rate, make sure coverage is continuous and does not lapse.
  4. Give notification to your agent or company of your intent to cancel your current policy. Submit a completed policy application and payment to the newly selected company. Immediately upon receiving it, store the certificate verifying proof of insurance in a readily accessible location in your vehicle.

An important bit of advice to remember is to make sure you're comparing identical limits and deductibles on each quote and and to analyze as many different insurance providers as possible. Doing this enables an apples-to-apples comparison and many rates to choose from.

To find cheaper rates, there are a couple of ways of comparing rate quotes from many car insurance companies in Texas. By far the easiest way to compare Nissan Maxima insurance prices is simply to get online rate quotes.

Doing online price quotes comparisons is so easy that it replaces the need to make phone calls or go to local insurance agencies. Quoting Nissan Maxima insurance online reduces the need to sit down with an agent unless you want the peace of mind of a licensed agent. If you prefer, some companies allow you to price shop online and still use a local agent.

It's important to know that getting more free quotes increases your odds of finding the best offered rates. Not every company does online price quotes, so it's important to also get prices on coverage from those companies, too.

The companies shown below have been selected to offer free quotes in Plano, TX. If your goal is to find cheap car insurance in TX, we suggest you compare several of them to get a more complete price comparison.

Save money with these eight discounts on Nissan Maxima insurance in Plano

Some insurance providers do not advertise all possible discounts in a way that's easy to find, so the following is a list of a few of the more well known and the more hidden ways to save on car insurance.Discount car insurance

  • Government Employee Discount - Having worked for a branch of the government could provide a small rate reduction with a few car insurance companies.
  • Auto/Life Discount - Insurance companies who offer life insurance give a discounted rate on car insurance if you buy some life insurance too.
  • Cautious Driver Discount - Insureds without accidents can save as much as half off their rates as compared to drivers with claims.
  • Senior Citizens - If you qualify as a senior citizen, you may receive lower premium rates.
  • Bundle and Save - If you combine your auto and home policies and place coverage with the same company you could get a discount of up to 20% and get you affordable Nissan Maxima insurance rates in Plano.
  • Active Service Discounts - Being on active deployment in the military could mean lower rates.
  • Driving Data Discount - Policyholders that allow companies to scrutinize driving manner remotely such as Snapshot from Progressive or Drivewise from Allstate may see discounts if they exhibit good driving behavior.
  • Passive Restraints - Vehicles equipped with air bags and/or automatic seat belt systems can qualify for discounts of up to 25% or more.

Drivers should understand that some credits don't apply to the overall cost of the policy. Some only apply to the price of certain insurance coverages like collision or personal injury protection. If you do the math and it seems like you would end up receiving a 100% discount, it doesn't quite work that way.

The illustration below shows the comparison of Nissan Maxima insurance rates with and without policy discounts. The prices are based on a male driver, no claims or driving citations, Texas state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, safe-driver, marriage, multi-policy, multi-car, and homeowner discounts applied.

Large car insurance companies and some of the premium reductions they offer are detailed below.

  • Farmers Insurance includes discounts for electronic funds transfer, switch companies, early shopping, business and professional, and multi-car.
  • Esurance may include discounts for renters, safety device, homeowner, anti-theft, Pac-12 alumni, and online quote.
  • State Farm has discounts for Steer Clear safe driver discount, good driver, student away at school, safe vehicle, defensive driving training, multiple autos, and Drive Safe & Save.
  • GEICO policyholders can earn discounts including daytime running lights, multi-policy, membership and employees, emergency military deployment, federal employee, anti-theft, and defensive driver.
  • Allstate offers premium reductions for farm vehicle, EZ pay plan discount, eSmart discount, defensive driver, early signing, senior citizen, and FullPay discount.

Before purchasing a policy, check with each insurance company to give you their best rates. Discounts might not be offered in Plano. If you would like to view providers with the best discounts in Texas, click here.

Insurance coverage analysis

The price information shown next highlights estimates of insurance policy prices for Nissan Maxima models. Understanding how policy rates are figured is important for making informed coverage decisions.

Nissan Maxima Insurance Rates in Plano, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Maxima 3.5 S $318 $572 $430 $26 $128 $1,474 $123
Maxima 3.5 SV $318 $660 $430 $26 $128 $1,562 $130
Get Your Own Custom Quote Go

Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Premium amounts do not factor in the specific area where the vehicle is garaged which can change auto insurance rates significantly.

Physical damage deductible comparison

When shopping for insurance, a common question is how low should you set your deductibles. The premium rates below can help you visualize the costs and benefits between high and low comp and collision deductibles. The first rate estimation uses a $250 physical damage coverage deductible and the second pricing table uses a $1,000 deductible.

Nissan Maxima insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Maxima 3.5 S $370 $584 $382 $22 $114 $1,497 $125
Maxima 3.5 SV $370 $672 $382 $22 $114 $1,585 $132
Get Your Own Custom Quote Go
Nissan Maxima insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Maxima 3.5 S $228 $368 $382 $22 $114 $1,114 $93
Maxima 3.5 SV $228 $424 $382 $22 $114 $1,170 $98
Get Your Own Custom Quote Go

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Rate quotes do not factor in vehicle location which can modify price quotes significantly.

We can derive from the above data that using a $250 deductible costs an average of $33 more each month or $396 for a full year averaged for all Maxima models than quoting the higher $1,000 deductible. Since you would have to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you average at a minimum 23 months between claims, you would probably save some money going with the higher deductible.

The illustration below demonstrates how deductibles and can influence Nissan Maxima insurance costs for each different age group. The premiums are based on a married male driver, comprehensive and collision coverage, and no discounts are applied to the premium.

Drive safe and save

The chart below highlights how traffic violations and fender-benders can raise Nissan Maxima insurance costs for each age group. The rates are based on a married male driver, comprehensive and collision coverage, $500 deductibles, and no discounts are applied.

Nissan Maxima insurance costs by gender and age in Plano

The chart below illustrates the difference between Nissan Maxima insurance costs for male and female drivers. The data assumes no claims or violations, comp and collision included, $250 deductibles, marital status is single, and no discounts are factored in.

Price comparison of only insuring for liability

The information below illustrates the comparison of Nissan Maxima insurance prices when comparing full coverage to state minimum liability only. Data assumes no violations or accidents, $100 deductibles, marital status is single, and no discounts are factored in.

When to drop comp and collision

There is no specific rule for excluding physical damage coverage, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is more than around 10% of the replacement cost minus the deductible, then you may want to consider only buying liability coverage.

For example, let's say your Nissan Maxima replacement value is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would receive is $7,000 after paying your policy deductible. If premium cost is more than $700 a year to have full coverage, then you might want to consider buying only liability coverage.

There are some cases where dropping physical damage coverage is not advised. If you haven't paid off your loan, you must maintain physical damage coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should not remove full coverage.

Exclusive versus independent auto insurance agents

A small number of people just prefer to have an agent's advice and that can be a great decision One of the benefits of comparing rates online is that you can obtain lower rates but still work with a licensed agent. Buying from and supporting local insurance agents is important particularly in Plano.

Insurance agents in PlanoBy using this form (opens in new window), your insurance data is submitted to agents in your area who will give you quotes for your business. It makes it easy because there is no need to visit any agencies as quotes are delivered directly to you. Get lower rates without the usual hassles of price shopping. If you have a need to get a comparison quote from a specific insurance company, feel free to navigate to their website and submit a quote form there.

When narrowing the list to find a good Plano insurance agent, you need to know there are two different types of agencies and how they work. Auto insurance agents in Plano can be categorized as either independent agents or exclusive agents depending on their employer.

Independent Auto Insurance Agencies

These type of agents are not limited to a single company so they can insure your vehicles with an assortment of companies enabling the ability to shop coverage around. If they quote lower rates, they can switch companies in-house and you can keep the same agent.

When comparing auto insurance prices, you will definitely want to get some free quotes from several independent insurance agents to get the most accurate price comparison.

Featured below are independent insurance agencies in Plano who may be able to give you free price quotes.

4040 McDermott Rd #200 - Plano, TX 75024 - (972) 668-1000 - View Map

3100 Independence Pkwy #216 - Plano, TX 75075 - (972) 665-0620 - View Map

6500 Pinecrest Dr - Plano, TX 75024 - (800) 486-5616 - View Map

More insurance agents

Exclusive Agencies

These type of agents are contracted to one company like Allstate, State Farm and Farmers Insurance. They generally cannot provide other company's prices so they really need to provide good service. They are well schooled on their company's products which helps them sell insurance even at higher premiums.

Shown below is a list of exclusive insurance agents in Plano that can give you rate quotes.

1301 Custer Rd #340 - Plano, TX 75075 - (972) 309-0009 - View Map

1106 14th St - Plano, TX 75074 - (469) 814-0551 - View Map

2500 Dallas Pkwy Ste 150 - Plano, TX 75093 - (972) 312-1800 - View Map

More insurance agents

Picking the best insurance agent is decision based upon more than just a cheap quote. The answers to these questions are important, too.

  • Does the company have a solid financial rating?
  • Are you getting all the discounts the company offers?
  • Do they offer rental car reimbursement?
  • Are there any discounts for paying up front?
  • Do they see any coverage gaps in your plan?

You are unique and your car insurance should be too

When quoting and choosing the best car insurance coverage for your vehicles, there really isn't a "perfect" insurance plan. Your needs are not the same as everyone else's.Car insurance savings

For instance, these questions may help you determine whether you might need an agent's assistance.

  • Is a driver training discount available?
  • Am I missing any policy discounts?
  • Do I have coverage when making deliveries for my home business?
  • When would I need rental car insurance?
  • Is my nanny covered when driving my vehicle?
  • When should I remove comp and collision on my Nissan Maxima?
  • Why are teen drivers so expensive to add on to my policy?

If it's difficult to answer those questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you want to speak to an agent in your area, simply complete this short form.

Protect your Nissan Maxima and other assets

Even though it's not necessarily cheap to insure a Nissan in Plano, buying car insurance may be required for several reasons.

First, most states have minimum mandated liability insurance limits which means the state requires a specific minimum amount of liability protection if you don't want to risk a ticket. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.

Second, if you took out a loan on your vehicle, most banks will make it mandatory that you buy insurance to ensure loan repayment if the vehicle is totaled. If you do not pay your insurance premiums, the lender will be forced to insure your Nissan at a significantly higher premium and make you pay the higher price.

Third, insurance safeguards both your assets and your Nissan Maxima. It will also pay for all forms of medical expenses for not only you but also any passengers injured in an accident. As part of your policy, liability insurance also pays expenses related to your legal defense if you are sued as the result of an accident. If your vehicle suffers damage from an accident or hail, your policy will pay all costs to repair after the deductible has been paid.

The benefits of buying enough insurance greatly outweigh the cost, particularly if you ever have a claim. On average, a vehicle owner in Plano overpays more than $869 every year so you should quote and compare rates every year to ensure rates are competitive.

Car insurance coverage basics

Having a good grasp of a car insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring.

Medical payments coverage and PIP - Coverage for medical payments and/or PIP reimburse you for immediate expenses like EMT expenses, chiropractic care, surgery and nursing services. They can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Collision coverage - Collision coverage pays for damage to your Maxima from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for things like sustaining damage from a pot hole, scraping a guard rail, crashing into a building, hitting a parking meter and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible on your Maxima to bring the cost down.

Comprehensive coverage - This covers damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like hitting a bird, fire damage, vandalism and theft. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist coverage - This provides protection from other motorists when they do not carry enough liability coverage. It can pay for injuries sustained by your vehicle's occupants as well as your vehicle's damage.

Since a lot of drivers only purchase the least amount of liability that is required (30/60/25 in Texas), it only takes a small accident to exceed their coverage. That's why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Frequently the UM/UIM limits are similar to your liability insurance amounts.

Liability coverages - This coverage provides protection from damage or injury you incur to people or other property. This insurance protects YOU from legal claims by others. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 30/60/25 that means you have a $30,000 limit per person for injuries, $60,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Some companies may use a combined limit which provides one coverage limit rather than limiting it on a per person basis.

Liability can pay for things like legal defense fees, emergency aid, medical services, pain and suffering and attorney fees. How much liability coverage do you need? That is your choice, but consider buying higher limits if possible. Texas state minimum liability requirements are 30/60/25 but you should consider buying higher limits.

The chart below shows why buying the state minimum limits may not be enough.

Persistence is the key to cheaper rates

Consumers leave their current company for a variety of reasons including policy non-renewal, poor customer service, denial of a claim or even questionable increases in premium. Regardless of your reason for switching companies, switching car insurance companies is not as difficult as it may seem.

Some car insurance companies may not have the ability to get a quote online and most of the time these small insurance companies provide coverage only through independent insurance agents. Cheaper Nissan Maxima insurance in Plano is definitely available from both online companies and from local agencies, and you should compare price quotes from both to have the best selection.

When you buy Plano auto insurance online, you should never buy lower coverage limits just to save a few bucks. There have been many cases where an accident victim reduced comprehensive coverage or liability limits and learned later that a couple dollars of savings turned into a financial nightmare. The aim is to buy a smart amount of coverage at the best possible price, but do not sacrifice coverage to save money.

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