If saving money is your primary concern, then the best way to get more affordable Nissan Xterra insurance in Greensboro is to compare quotes annually from different companies that insure vehicles in North Carolina.
- Step 1: Learn about the different coverages in a policy and the modifications you can make to keep rates in check. Many rating criteria that cause rate increases such as accidents, traffic tickets, and a negative credit history can be improved by making minor changes in your lifestyle. Read the full article for more ideas to prevent high rates and get bigger discounts that may have been overlooked.
- Step 2: Request rate estimates from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only quote rates from one company like Progressive or Farmers Insurance, while independent agencies can quote rates for many different companies. Click to view companies
- Step 3: Compare the quotes to your existing policy and determine if there is any savings. If you find a lower rate quote, make sure there is no coverage gap between policies.
- Step 4: Tell your current agent or company to cancel your current auto insurance policy and submit the completed application along with a down payment to the new company. Once coverage is bound, put the proof of insurance paperwork in an easily accessible location in your vehicle.
One important bit of advice is that you use similar limits and deductibles on each quote and and to get quotes from as many companies as possible. This provides an apples-to-apples comparison and the best rate selection.
Unimaginable but true, over 70% of consumers have purchased from the same company for four years or more, and approximately 38% of consumers have never quoted rates to find affordable coverage. Many consumers in North Carolina could save up to 10% each year just by getting comparison quotes, but they feel it’s too difficult to do a rate comparison.
Why You Might Pay Increased Rates in Greensboro
Lots of things are part of the equation when you get a price on insurance. Some of the criteria are obvious like your driving record, but other criteria are not quite as obvious such as your marital status or how financially stable you are. An important part of buying insurance is that you know the factors that aid in calculating your policy premiums. If you know what impacts premium levels, this helps enable you to make changes that may reward you with lower rates.
Listed below are some of the things companies use to determine premiums.
Consolidate policies with the same company – Most companies allow lower prices to policyholders who carry more than one policy in the form of a multi-policy discount. The discount can add up to anywhere from five to ten percent in most cases. If you currently are using one company, it’s in your best interest to check prices from other companies to confirm you are receiving the best rates possible.
Liability coverage – Your policy’s liability coverage kicks in in the event that you are responsible for damages caused by your negligence. Liability insurance provides legal defense to defend your case. This coverage is very inexpensive compared to other policy coverages, so do not cut corners here.
Increase deductibles and save – Your deductibles tell how much the insured will be required to pay if a claim is determined to be covered. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. Some coverage claims could be collision with another vehicle, damage caused by hail, and damage caused by road hazards. The more expense the insured is willing to pay, the less your company will charge you for insurance.
Safer the car lower the rate – Cars with high safety ratings can get you lower premiums. Safer cars reduce the chance of injuries and fewer injuries translates into fewer and smaller insurance claims and thus lower rates. If the Nissan Xterra scored better than four stars on Safercar.gov it may cost less to insure.
How credit rating affects insurance premiums – Your credit rating can be an important factor in calculating your premium rate. Drivers who have very good credit scores tend to be better drivers and file fewer claims than those with lower credit ratings. Therefore, if your credit history can be improved, you could pay less to insure your Nissan Xterra by improving your credit score.
Men pay higher rates – The statistics show women tend to be less risk to insure than men. It does not mean men are WORSE drivers than women. Women and men are in accidents in similar numbers, but the male of the species tend to have more serious accidents. Men also tend to get higher numbers of serious violations like DWI (DUI) or reckless driving.
The example below illustrates the difference between Nissan Xterra insurance costs for male and female drivers. The premiums are based on no claims, a clean driving record, comprehensive and collision coverage, $500 deductibles, marital status is single, and no additional discounts are factored in.
Do you really need the add-on coverages? – Policies have extra bells and whistles that can waste your money if you don’t pay attention. Coverages like coverage for rental cars, accidental death, and motor club memberships may be wasting your money. These may sound like a good investment when talking to your agent, but if they’re wasting money eliminate them to save money.
Avoid traffic tickets – How you drive has a big impact on rates. Careful drivers pay less for auto insurance as compared to those with violations. Even a single chargeable violation may cause rates to rise twenty percent or more. Drivers who have received serious violations like DWI, reckless driving or hit and run convictions may be required to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to prevent their license from being revoked.
The example below demonstrates how citations and at-fault claims can affect Nissan Xterra insurance premiums for each different age category. The information is based on a single female driver, full physical damage coverage, $100 deductibles, and no discounts are factored in.
Nissan Xterra insurance loss statistics – Insurance companies take into consideration historical loss data for every vehicle to calculate a price that will offset any claims. Vehicles that are shown to have a trend towards higher claim severity or frequency will have increased rates.
The data below shows the collected loss data for Nissan Xterra vehicles. For each type of coverage, the loss probability for all vehicles, without regard to make or model, is equal to 100. Values that are 100 or less indicate a favorable loss history, while values over 100 show a trend for more claims or tendency to have larger claims.
|Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Nissan Xterra 4dr 2WD||57||95||45|
|Nissan Xterra 4dr 4WD||62||100||63||59||77||86|
Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
The majority of larger companies allow consumers to get coverage prices from their websites. Obtaining pricing for Nissan Xterra insurance in Greensboro is easy for anyone because you just enter the amount of coverage you want into the quote form. When the form is submitted, their rating system automatically retrieves credit information and your driving record and returns a price quote based on the data you entered.
This makes it easy to compare insurance prices and it’s also necessary to get many rate quotes in order to find the most affordable premium.
To save time and fill out one form to compare multiple rates now, check out the auto insurance providers below. If you have your current policy handy, we recommend you input your coverages exactly as shown on your declarations page. This makes sure you will be getting comparison quotes for exact coverage.
The following companies have been selected to offer quotes in Greensboro, NC. If you wish to find cheaper car insurance in Greensboro, we recommend you visit two to three different companies in order to get a fair rate comparison.
Nissan Xterra detailed coverage information
The price information below showcases detailed analysis of prices for Nissan Xterra models. Having a better idea how car insurance premiums are formulated can benefit drivers when making smart choices when choosing a car insurance company.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Xterra X 2WD||$144||$204||$282||$16||$84||$730||$61|
|Xterra S 2WD||$144||$204||$282||$16||$84||$730||$61|
|Xterra S 4WD||$144||$204||$282||$16||$84||$730||$61|
|Xterra X 4WD||$144||$204||$282||$16||$84||$730||$61|
|Xterra Off Road 4WD||$166||$262||$282||$16||$84||$810||$68|
|Xterra SE 2WD||$166||$262||$282||$16||$84||$810||$68|
|Xterra SE 4WD||$166||$262||$282||$16||$84||$810||$68|
|Get Your Own Custom Quote Go|
Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Price estimates do not factor in garaging location in Greensboro which can modify coverage rates substantially.
An analysis of deductible level
One of the hardest decisions when shopping for car insurance is how high should your deductibles be. The figures shown below can help you visualize the differences in premium rates when you buy lower versus higher deductibles. The first rate table uses a $250 deductible for comp and collision and the second set of prices uses a $500 deductible.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Xterra X 2WD||$168||$208||$250||$14||$74||$739||$62|
|Xterra S 2WD||$168||$208||$250||$14||$74||$739||$62|
|Xterra S 4WD||$168||$208||$250||$14||$74||$739||$62|
|Xterra X 4WD||$168||$208||$250||$14||$74||$739||$62|
|Xterra Off Road 4WD||$192||$266||$250||$14||$74||$821||$68|
|Xterra SE 2WD||$192||$266||$250||$14||$74||$821||$68|
|Xterra SE 4WD||$192||$266||$250||$14||$74||$821||$68|
|Get Your Own Custom Quote Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Xterra X 2WD||$136||$168||$250||$14||$74||$642||$54|
|Xterra S 2WD||$136||$168||$250||$14||$74||$642||$54|
|Xterra S 4WD||$136||$168||$250||$14||$74||$642||$54|
|Xterra X 4WD||$136||$168||$250||$14||$74||$642||$54|
|Xterra Off Road 4WD||$156||$214||$250||$14||$74||$708||$59|
|Xterra SE 2WD||$156||$214||$250||$14||$74||$708||$59|
|Xterra SE 4WD||$156||$214||$250||$14||$74||$708||$59|
|Get Your Own Custom Quote Go|
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Price estimates do not factor in your specific Greensboro location which can decrease or increase price quotes substantially.
Based on the above data, using a $250 deductible will cost you roughly $9 more each month or $108 each year than buying the higher $500 deductible. Since the policyholder would be required to pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you go at a minimum 28 months between claim filings, you would most likely save money by going with a higher deductible.
The chart below highlights how deductible selection and can raise or lower Nissan Xterra insurance rates for different categories of driver ages. The premiums are based on a married male driver, comp and collision included, and no other discounts are factored in.
Full coverage rates compared to liability-only
The example below shows the comparison of Nissan Xterra insurance costs with full coverage and liability only. The data is based on no violations or accidents, $500 deductibles, drivers are not married, and no discounts are applied to the premium.
Should you buy full coverage or liability only?
There is no exact rule of when to phase out comp and collision coverage, but there is a general school of thought. If the annual cost of having full coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then it could be time to drop full coverage.
For example, let’s say your Nissan Xterra replacement cost is $7,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $6,000 after the deductible is paid. If premium cost is more than $600 a year for physical damage coverage, then you may need to consider dropping full coverage.
There are some situations where removing full coverage is not in your best interest. If you haven’t satisfied your loan, you must maintain physical damage coverage in order to prevent your loan from defaulting. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should not remove full coverage.
Three good reasons to insure your Nissan Xterra
Despite the high cost of buying insurance for a Nissan Xterra in Greensboro, buying auto insurance may be mandatory for several reasons.
- Almost all states have minimum liability requirements which means state laws require a specific minimum amount of liability protection in order to be legal. In North Carolina 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.
- If your vehicle has a lienholder, most banks will require you to have insurance to guarantee loan repayment. If you cancel or allow the policy to lapse, the bank may insure your Nissan at a more expensive rate and require you to reimburse them for the much more expensive policy.
- Insurance protects not only your Nissan but also your assets. It will also cover medical transport and hospital expenses for you, any passengers, and anyone injured in an accident. One policy coverage, liability insurance, will also pay to defend you if anyone sues you for causing an accident. If your vehicle suffers damage from an accident or hail, your auto insurance policy will pay all costs to repair after the deductible has been paid.
The benefits of carrying adequate insurance outweigh the cost, particularly if you ever have a claim. Despite what companies tell you, the average driver is overpaying over $830 a year so you should quote and compare rates at every policy renewal to make sure the price is not too high.
Get cheaper rates on Nissan Xterra insurance in Greensboro with these auto insurance discounts
Companies that sell car insurance do not list every available discount in a way that’s easy to find, so we researched a few of the more common in addition to some of the lesser obvious ways to save on auto insurance.
- Safety Restraint Discount – Requiring all passengers to buckle their seat belts can save up to 10 percent (depending on the company) off the personal injury premium cost.
- Multi-line Discount – Auto insurance companies who offer life insurance give lower auto insurance rates if you buy a life policy as well.
- Government Employee Discount – Simply working for the federal government can earn a discount up to 10% with a few auto insurance companies.
- Memberships – Belonging to a professional or civic organization is a good way to get lower rates on auto insurance.
- Pay Upfront and Save – By making one initial payment rather than spreading payments over time you could save 5% or more.
- New Vehicle Savings – Putting insurance coverage on a new Xterra can be considerably cheaper because new vehicles have to meet stringent safety requirements.
- Drive Less and Save – Driving less may enable drivers to earn discounted premium rates on garaged vehicles.
- No Accidents – Claim-free drivers can earn big discounts compared to policyholders that have many claims.
- Student Discount for Driver Training – Have your child enroll and complete driver’s education as it will make them better drivers and lower rates.
Consumers should know that some credits don’t apply to the entire cost. A few only apply to the cost of specific coverages such as liability, collision or medical payments. Despite the fact that it seems like all the discounts add up to a free policy, it just doesn’t work that way.
The chart below compares Nissan Xterra insurance rates with and without policy discounts. The costs are based on a female driver, a clean driving record, no claims, North Carolina state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, claim-free, homeowner, multi-car, and safe-driver discounts applied.
A few popular companies and a partial list of their discounts are detailed below.
- State Farm may include discounts for passive restraint, safe vehicle, Steer Clear safe driver discount, multiple autos, anti-theft, and multiple policy.
- American Family has discounts for TimeAway discount, Steer into Savings, accident-free, early bird, good driver, good student, and mySafetyValet.
- GEICO policyholders can earn discounts including anti-theft, five-year accident-free, good student, seat belt use, federal employee, and defensive driver.
- 21st Century offers premium reductions for early bird, theft prevention, homeowners, 55 and older, good student, driver training, and automatic seat belts.
- Progressive offers discounts including multi-policy, online signing, online quote discount, continuous coverage, and multi-vehicle.
Before buying, ask each company which credits you are entitled to. Some of the discounts discussed earlier may not be available in Greensboro. To see a list of companies who offer free Nissan Xterra insurance quotes in North Carolina, click this link.
You may require the services of an insurance agent
A small number of people prefer to talk to a local agent and that is recommended in a lot of cases One of the great benefits of getting free rate quotes online is the fact that drivers can get cheap insurance rates but also keep your business local. And buying from local insurance agents is important especially in Greensboro.
After filling out this quick form, the quote information is transmitted to local insurance agents in Greensboro who will give you quotes for your insurance coverage. You don’t have to leave your house due to the fact that quote results will go directly to your email. Get lower rates without the usual hassles of price shopping. If you wish to compare prices from a specific company, feel free to jump over to their website and complete a quote there.
Exclusive or Independent: There is a difference
If you prefer to buy insurance from a reliable insurance agent, it can be helpful to understand the different types of agencies that you can select. Agencies in Greensboro are either independent agents or exclusive agents depending on their employer.
Independent Insurance Agencies
Independent agents can quote rates with many companies so they have the ability to put coverage with multiple insurance companies and potentially find a lower price. To move your coverage to a new company, the business is moved internally which is easy for the insured. When shopping rates, you definitely need to get quotes from several independent agencies so that you have a good selection of quotes to compare. Many can place coverage with less well-known companies that can offer cheaper rates than bigger companies.
Listed below is a partial list of independent agencies in Greensboro who can help you get free price quotes.
- Craft Insurance
823 N Elm St – Greensboro, NC 27401 – (336) 375-0600 – View Map
- Southeastern Agency Group Inc
1501 Highwoods Blvd # 301 – Greensboro, NC 27410 – (336) 218-7470 – View Map
- Triad Insurance Partners
905 McClellan Pl – Greensboro, NC 27409 – (800) 701-5909 – View Map
Exclusive agents write business for a single company like Farmers Insurance, Allstate, or State Farm. These agents are unable to compare rates from other companies so they are skilled at selling on more than just price. They are highly trained on the products they sell which helps offset the inability to provide other markets. Consumers frequently choose to use an exclusive agent mainly due to the prominence of the brand and solid financial strength.
Below are exclusive agencies in Greensboro willing to provide price quote information.
- GEICO Insurance Agent
4401 W Wendover Ave #103 – Greensboro, NC 27407 – (336) 852-7283 – View Map
- Jim Degraphenreid – State Farm Insurance Agent
4218 Hilltop Rd – Greensboro, NC 27407 – (336) 854-1737 – View Map
- Charlie Ganim – State Farm Insurance Agent
2008 New Garden Rd – Greensboro, NC 27410 – (336) 282-9229 – View Map
Deciding on an auto insurance agent requires you to look at more than just a low price. Agents should be asked these questions:
- Which family members are covered?
- Will they take your side in the event of a claim?
- Does the company have a local claim office in Greensboro?
- How often do they review coverages?
- Do you work with a CSR or direct with the agent?
Will just any policy work for me?
When it comes to proper insurance coverage, there is no one size fits all plan. Your financial needs are unique so your insurance needs to address that.
These are some specific questions can help discover if your situation may require specific advice.
- Who does medical payments coverage extend to?
- Should I waive the damage coverage when renting a car?
- When does my teenage driver need to be added to my policy?
- Are there any extra discounts I can get?
- Is motorclub coverage worth it?
- Does coverage extend to a rental car in a foreign country?
- Does every company file a SR-22 automatically?
If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier
Cheaper car insurance is out there
Some insurance providers don’t offer online rate quotes and these smaller providers work with local independent agencies. Budget-conscious Nissan Xterra insurance can be found on the web and from local agencies, so you need to compare both to get a complete price analysis.
While you’re price shopping online, don’t be tempted to skimp on coverage in order to save money. There are a lot of situations where an accident victim reduced physical damage coverage and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your goal should be to buy enough coverage at the best price, but don’t skip important coverages to save money.
We’ve covered many ideas to lower your Nissan Xterra insurance premium rates in Greensboro. The most important thing to understand is the more you quote Greensboro car insurance, the more likely it is that you will get a better rate. You may even discover the lowest premium rates come from a company that doesn’t do a lot of advertising. Smaller companies may have significantly lower prices on certain market segments than the large multi-state companies such as Allstate, GEICO and Progressive.
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