If you want to save the most money, the best way to get low-cost car insurance rates is to compare prices regularly from providers who provide auto insurance in Louisville. Drivers can shop around by following these steps.
Step 1: Read about the coverage provided by your policy and the steps you can take to keep rates down. Many rating criteria that cause high rates such as traffic violations, accidents, and poor credit history can be rectified by making minor changes to your lifestyle.
Step 2: Quote rates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only quote rates from one company like GEICO and Allstate, while independent agents can provide rate quotes for a wide range of insurance providers. Compare rates now
Step 3: Compare the new rate quotes to the premium of your current policy to see if a cheaper price is available. If you find a lower rate and make a switch, make sure coverage is continuous and does not lapse.
Step 4: Provide adequate notice to your current company to cancel your current car insurance policy and submit payment and a signed application to the new insurer. As soon as you receive it, place the new certificate verifying proof of insurance along with the vehicle’s registration papers.
A key point to remember is that you use identical deductibles and limits on every quote and and to get quotes from every insurance company. This enables an apples-to-apples comparison and a good representation of prices.
Sadly, over 70% of consumers have been with the same company for a minimum of four years, and nearly half have never compared rates to find cheaper insurance. Drivers in America can cut their rates by roughly 47% a year, but most undervalue how much they could save if they replace their high priced policy.
These tips will instruct you on the best way to buy inexpensive car insurance and also save some money in the process If you are paying for car insurance now, you will be able to lower your rates using these tips. You just need to use the quickest method to buy car insurance online from multiple companies.
Compare free Louisville Nissan Altima insurance rate quotes
Most of the larger companies allow consumers to get insurance quotes direct online. Doing online quotes for Nissan Altima insurance in Louisville doesn’t take much effort as you simply enter your personal and coverage information into the form. Upon sending the form, their system makes automated requests for information on your driving record and credit history and generates a price. Getting online rates for Nissan Altima insurance in Louisville makes it simple to compare prices and it’s also necessary to perform this step if you are searching for lower-cost car insurance pricing.
In order to find out if lower rates are available, compare rates from the companies below. If you have your current policy handy, we recommend you replicate the coverage information identical to your current policy. This way, you will receive rate quotes using the same coverage and limits.
The companies shown below are ready to provide free quotes in Louisville, KY. If you wish to find the best auto insurance in Louisville, KY, we suggest you compare several of them to find the lowest auto insurance rates.
Take policy discounts and save on Nissan Altima insurance in Louisville
Some insurers don’t always publicize all discounts very well, so we researched some of the best known and also the more inconspicuous discounts you could be receiving when you buy Louisville car insurance online.
- 55 and Retired – Drivers over the age of 55 can possibly qualify for a discount up to 10%.
- Save with a New Car – Buying a new car model is cheaper since new vehicles have better safety ratings.
- Anti-lock Brake Discount – Cars and trucks with anti-lock braking systems prevent accidents and therefore earn up to a 10% discount.
- Accident Waiver – Not a discount per se, but some insurance companies will let one accident slide before they charge you more for coverage as long as you don’t have any claims for a certain period of time.
- Save with More Vehicles Insured – Purchasing coverage when you have multiple cars or trucks on one policy could earn a price break for each car.
- Low Mileage Discounts – Driving fewer miles could be rewarded with slightly better rates than normal.
- Cautious Driver Discount – Accident-free drivers can save as much as half off their rates than drivers with accidents.
- Student Discounts – This discount can save 20 to 25%. The discount lasts well after school through age 25.
You can save money using discounts, but many deductions do not apply to the overall cost of the policy. A few only apply to specific coverage prices like comp or med pay. Just because you may think all those discounts means the company will pay you, you aren’t that lucky. But any discount will definitely reduce your policy premium.
The diagram below illustrates the comparison of Nissan Altima car insurance costs with and without discounts being applied to the rates. The data is based on a female driver, no claims or driving citations, Kentucky state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, multi-policy, homeowner, marriage, claim-free, and safe-driver discounts applied.
To find providers with significant discounts in Kentucky, click this link.
Coverage information
The coverage table shown next outlines a range of coverage costs for Nissan Altima models. Having a good understanding how insurance policy premiums are determined can assist in making smart buying decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Altima 2.5 4-Dr Sedan | $270 | $574 | $424 | $26 | $128 | $1,422 | $119 |
| Altima 2.5 S 4-Dr Sedan | $270 | $676 | $424 | $26 | $128 | $1,524 | $127 |
| Altima Hybrid 4-Dr Sedan | $304 | $676 | $424 | $26 | $128 | $1,558 | $130 |
| Altima 2.5 S 2-Dr Coupe | $304 | $676 | $480 | $28 | $144 | $1,632 | $136 |
| Altima 3.5 SR 4-Dr Sedan | $304 | $676 | $424 | $26 | $128 | $1,558 | $130 |
| Altima 3.5 SR 2-Dr Coupe | $304 | $778 | $480 | $28 | $144 | $1,734 | $145 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Kentucky minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Rates do not factor in specific Louisville garaging location which can decrease or increase coverage prices substantially.
Should you raise deductibles?
When shopping for auto insurance, a common question is how high should the physical damage coverage deductibles be. The following tables help summarize the price difference of buying low and high insurance deductibles. The first table uses a $250 physical damage deductible and the second rate chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Altima 2.5 4-Dr Sedan | $252 | $426 | $326 | $20 | $98 | $1,147 | $96 |
| Altima 2.5 S 4-Dr Sedan | $252 | $500 | $326 | $20 | $98 | $1,221 | $102 |
| Altima Hybrid 4-Dr Sedan | $284 | $500 | $326 | $20 | $98 | $1,253 | $104 |
| Altima 2.5 S 2-Dr Coupe | $284 | $500 | $368 | $22 | $110 | $1,309 | $109 |
| Altima 3.5 SR 4-Dr Sedan | $284 | $500 | $326 | $20 | $98 | $1,253 | $104 |
| Altima 3.5 SR 2-Dr Coupe | $284 | $576 | $368 | $22 | $110 | $1,385 | $115 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Altima 2.5 4-Dr Sedan | $156 | $268 | $326 | $20 | $98 | $868 | $72 |
| Altima 2.5 S 4-Dr Sedan | $156 | $316 | $326 | $20 | $98 | $916 | $76 |
| Altima Hybrid 4-Dr Sedan | $176 | $316 | $326 | $20 | $98 | $936 | $78 |
| Altima 2.5 S 2-Dr Coupe | $176 | $316 | $368 | $22 | $110 | $992 | $83 |
| Altima 3.5 SR 4-Dr Sedan | $176 | $316 | $326 | $20 | $98 | $936 | $78 |
| Altima 3.5 SR 2-Dr Coupe | $176 | $362 | $368 | $22 | $110 | $1,038 | $87 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Kentucky minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Rate information does not factor in garaging location in Louisville which can decrease or increase premium rates substantially.
Based on the figures above, using a $250 deductible will cost in the ballpark of $26 more each month or $312 every year than choosing the higher $1,000 deductible. Due to the fact that you would have to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to have at least 29 months between claims, you would probably come out ahead if you opt for a higher deductible.
Calculation for raising deductibles
| Average monthly premium for $250 deductibles: | $105 |
| Average monthly premium for $1,000 deductibles (subtract): | – $79 |
| Monthly savings from raising deductible: | $26 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $26 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 29 months |
The diagram below illustrates how choosing a deductible and can influence Nissan Altima insurance costs for different age groups. The costs are based on a married male driver, full coverage, and no additional discounts are factored in.
Lower Your Louisville Insurance Prices
Smart consumers have a good feel for a few of the rating criteria that are used to determine the level of your policy premiums. When consumers understand what positively or negatively impacts your premiums, this allows you to make good choices that could result in better car insurance rates. Many factors are used when you get your auto insurance bill. A few of the factors are predictable like an MVR report, although some other factors are more transparent such as your credit history or your financial responsibility.
- Married people drive safer – Being married actually saves money on your car insurance policy. It translates into being more mature than a single person and it’s proven that married drivers tend to file fewer claims.
- More traffic means higher claims – Having an address in less populated areas may provide you with better prices when it comes to car insurance. Less people means fewer accidents in addition to fewer liability claims. Residents of big cities regularly have more auto accidents and more time behind the wheel. More time behind the wheel means more chance of being in an accident.
- Do you know your comp and collision deductibles? – Comprehensive and collision coverage deductibles define how much you are required to spend out-of-pocket in the event of a claim. Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Some examples of covered claims are collision with another vehicle, animal collisions, and damage caused by road hazards. The more you’re willing to pay, the lower your rates will be.
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Traffic violations can increase premiums – How you drive impacts premiums far more than you think. Having a single driving citation can increase the cost of insurance by as much as thirty percent. Drivers who don’t get tickets pay lower auto insurance prices than their less careful counterparts. Drivers with license-revoking violations like DUI or willful reckless driving may need to complete a SR-22 with their state DMV in order to drive a vehicle legally.
The diagram below demonstrates how traffic citations and at-fault claims impact Nissan Altima insurance costs for each age group. The premium estimates are based on a married female driver, full physical damage coverage, $500 deductibles, and no discounts are factored in.
- Does your occupation cost you more? – Occupations such as military generals, air traffic controllers, and stock brokers have the highest rates in part from high stress and extremely grueling work hours. On the flip side, professions such as actors, engineers and performers pay the least.
- Coverage lapses raise premiums – Driving any period of time without insurance is a big no-no and as a result your rates will increase for letting your insurance expire. In addition to paying higher premiums, the inability to provide proof of insurance can result in a steep fine or even jail time. You could then be forced to submit proof of financial responsibility or a SR-22 with the Kentucky motor vehicle department to get your license reinstated.
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Insurance losses for a Nissan Altima – Companies take into consideration historical loss data for every vehicle when they calculate premium costs for each model. Vehicles that have higher prevalence or dollar amount of losses will have increased rates. The table below shows the loss history for Nissan Altima vehicles.
For each policy coverage type, the claim probability for all vehicles, regardless of make or model, is considered to be 100. Values that are under 100 represent a good loss history, while values that are 100 or greater indicate a higher chance of having a claim or larger claims.
Auto Insurance Loss Data for Nissan Altima Models Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Nissan Altima 110 97 119 144 147 114 BETTERAVERAGEWORSEData Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Insurance agents can give valuable advice
Some consumers prefer to sit down and talk to an agent and that is recommended in a lot of cases Experienced insurance agents can help determine the best coverages and will help you if you have claims. The best thing about getting online price quotes is that drivers can save money and get cheap auto insurance quotes and still have an agent to talk to. And buying from local insurance agencies is important especially in Louisville.
To make it easy to find an agent, after completing this short form, your information is transmitted to agents in your area that can provide free Louisville car insurance quotes for your business. You won’t need to search for any insurance agencies as quotes are delivered directly to your email. If you wish to get a rate quote from one company in particular, you can always navigate to their website and complete a quote there.
Best car insurance agent in Louisville
If you are wanting to purchase auto insurance from a reputable agency, it can be helpful to understand the types of agencies to choose from. Insurance agencies in Louisville can be described as either independent agents or exclusive agents depending on their employer. Either one can handle auto insurance, but it’s a good idea to understand how they are different since it can impact your selection of an agent.
Independent Agencies or Brokers
Agents that elect to be independent can sell policies from many different companies and that allows them to write policies amongst many companies and possibly get better coverage at lower prices. If they quote lower rates, your agent can just switch to a different company which is easy for the insured. If you are comparing rate quotes, it’s recommended you include rate quotes from multiple independent agents in order to have the best price comparison.
Below is a short list of independent insurance agencies in Louisville that can give you cheap rate quotes.
A Central Insurance Agency
6708 Shepherdsville Rd – Louisville, KY 40228 – (502) 968-1112 – View Map
Schmidt Insurance Inc
7410 New La Grange Rd – Louisville, KY 40222 – (502) 429-0477 – View Map
Nelson Insurance Group
2000 Envoy Cir # 2000 – Louisville, KY 40299 – (502) 736-7000 – View Map
Exclusive Agencies
Exclusive agencies can only write with one company such as State Farm, AAA, Farmers Insurance or Allstate. They usually cannot compare rates from other companies so you might not find the best rates. Exclusive agents are usually quite knowledgeable on their company’s products which helps offset the inability to provide other markets.
Listed below are exclusive agents in Louisville that can give you price quotes.
Bob Dotson – State Farm Insurance Agent
9800 Shelbyville Rd – Louisville, KY 40223 – (502) 339-8086 – View Map
Dick Newton – State Farm Insurance Agent
3110 Taylorsville Rd – Louisville, KY 40205 – (502) 458-9543 – View Map
Bob Savko – State Farm Insurance Agent
10839 Bluegrass Pkwy – Louisville, KY 40299 – (502) 499-7575 – View Map
Choosing the best insurance agency needs to be determined by more than just the premium amount. These are valid questions to ask:
- Which company do they place the most coverage with?
- Are they full-time agents?
- Is there any savings for paying the full premium?
- Does the company have a local claim office in Louisville?
- How many years of experience in personal auto insurance do they have?
Which is the best insurance?
When quoting and comparing your policy for your vehicles, there isn’t really a one-size-fits-all type of policy. Your financial needs are unique and your policy should reflect that.
Here are some questions about coverages that may help you determine whether your personal situation might need professional guidance.
- Does my liability insurance cover pulling a trailer or camper?
- Should I have a commercial auto policy?
- Do I pay less for low miles?
- What if an uninsured driver hits me?
- Is coverage enough to protect my assets?
- Is my son or daughter covered when driving my car?
- How high should deductibles be on a Nissan Altima?
- Does coverage extend to my business vehicle?
- Which companies will insure high-risk drivers?
If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies. It is quick, free and can provide invaluable advice.
More quotes mean more car insurance savings
As you restructure your insurance plan, make sure you don’t buy lower coverage limits just to save a few bucks. There are too many instances where someone sacrificed collision coverage and learned later they didn’t purchase enough coverage. Your objective should be to find the BEST coverage at the best possible price, not the least amount of coverage.
We just covered quite a bit of information on how to save on Nissan Altima insurance in Louisville. The key concept to understand is the more times you quote, the better your comparison will be. You may even find the best price on car insurance is with some of the lesser-known companies. Some small companies often have lower rates on specific markets as compared to the big name companies such as State Farm and Allstate.
For more information, feel free to visit the articles below:
- Understanding Car Crashes Video (iihs.org)
- Who Has the Cheapest Auto Insurance Rates for Infrequent Drivers in Louisville? (FAQ)
- Who Has Affordable Louisville Auto Insurance Quotes for College Students? (FAQ)
- What Auto Insurance is Cheapest for Drivers with Accidents in Louisville? (FAQ)
- How Much are Louisville Auto Insurance Rates for Immigrants? (FAQ)
- Think You’re a Safe Driver? (State Farm)
- No-Fault Auto Insurance Statistics (Insurance Information Institute)
- How to shop for a safer car (Insurance Institute for Highway Safety)