It takes a little time, but the best way to get discount Nissan Xterra insurance in Colorado Springs is to make a habit of regularly comparing prices from insurers that insure vehicles in Colorado. Rates can be compared by following these guidelines.
Step 1: It will benefit you to learn about how your policy works and the steps you can take to drop your rates. Many rating criteria that increase rates such as tickets, at-fault accidents, and an unfavorable credit rating can be improved by making minor changes to your lifestyle.
Step 2: Get rate quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only give rate quotes from one company like Progressive or State Farm, while independent agents can quote prices for many different companies. Find a Colorado Springs insurance agent
Step 3: Compare the new rates to your existing coverage and see if you can save money. If you find better rates and buy the policy, make sure there is no lapse between the expiration of your current policy and the new one.
Step 4: Tell your current company to cancel your current auto insurance policy and submit a completed policy application and payment to the new company. When you receive it, keep the new certificate verifying proof of insurance in your glove compartment.
A good tip to remember is to make sure you enter similar limits and deductibles on every quote and and to compare as many car insurance companies as possible. Doing this enables a fair rate comparison and the most accurate and complete price analysis.
It’s an obvious assumption that car insurance companies want to prevent you from shopping around. Consumers who get comparison quotes once a year are likely to switch to a new company because there are good odds of getting low-cost coverage. A recent insurance study revealed that people who regularly compared rates saved over $72 a month compared to other drivers who never shopped around for lower prices.
If saving money on car insurance is the reason you’re reading this, then having an understanding of how to find companies and compare insurance premiums can make it easier to find better rates.
Choosing the best rates in Colorado Springs seems hard but is not really that difficult. Practically everyone who buys car insurance will probably find a cheaper policy. But Colorado drivers must learn the methods companies use to determine premium rates and apply this information to your search.
The method we recommend to compare rates for Nissan Xterra insurance in Colorado Springs is to understand all the major auto insurance companies actually pay money for the chance to give free rates quotes. To begin a comparison, all you need to do is provide the companies a bit of rating information such as whether you drive to work or school, your education level, marital status, and which vehicles you own. Your insurance information is sent automatically to many different companies and you will get price comparisons immediately.
To check rates for your Nissan Xterra now, click here and complete the quick form.
The following companies are our best choices to provide comparison quotes in Colorado Springs, CO. If multiple companies are listed, we recommend you click on several of them to get a more complete price comparison.
Detailed insurance information
The coverage information shown next covers a range of insurance premium costs for Nissan Xterra models. Having insight into how insurance quotes are figured helps drivers make decisions on the best policy coverages.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Xterra X 2WD||$114||$158||$338||$20||$100||$730||$61|
|Xterra S 2WD||$114||$158||$338||$20||$100||$730||$61|
|Xterra S 4WD||$114||$158||$338||$20||$100||$730||$61|
|Xterra X 4WD||$114||$158||$338||$20||$100||$730||$61|
|Xterra Off Road 4WD||$130||$200||$338||$20||$100||$788||$66|
|Xterra SE 2WD||$130||$200||$338||$20||$100||$788||$66|
|Xterra SE 4WD||$130||$200||$338||$20||$100||$788||$66|
|Get Your Own Custom Quote Go|
Prices above based on married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Premium costs do not factor in vehicle location which can increase or decrease insurance rates greatly.
How much more does full coverage cost?
The example below compares Nissan Xterra insurance prices with full physical damage coverage compared to only buying liability only. The data assumes no accidents, no driving violations, $250 deductibles, drivers are single, and no other discounts are factored in.
Guidelines for dropping full coverage
There is no set rule for dropping physical damage insurance, but there is a general guideline you can use. If the annual cost of comprehensive and collision coverage is about 10% or more of any settlement you would receive from your insurance company, then you might consider buying liability only.
For example, let’s pretend your Nissan Xterra replacement value is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most your company will settle for is $2,000 after you pay the deductible. If you are currently paying more than $200 a year to have full coverage, then it may be the right time to buy liability only.
There are some situations where buying only liability insurance is not a good plan. If you still have a lienholder on your title, you have to maintain full coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should maintain full coverage.
Three reasons to not skimp on auto insurance
Even though it’s not necessarily cheap to insure a Nissan in Colorado Springs, maintaining insurance serves several important purposes.
- Most states have mandatory insurance requirements which means you are required to buy specific minimum amounts of liability coverage if you want to drive legally. 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.
- If you took out a loan on your Xterra, almost all lenders will require you to have comprehensive coverage to guarantee their interest in the vehicle. If you default on your policy, the bank may buy a policy for your Nissan for a lot more money and force you to pay for it.
- Insurance safeguards not only your Nissan Xterra but also your assets. It also can pay for medical transport and hospital expenses that are the result of an accident. Liability insurance also pays for attorney fees and expenses if anyone sues you for causing an accident. If your Nissan gets damaged, comprehensive and collision coverage will cover the damage repairs after a deductible is paid.
The benefits of having auto insurance greatly outweigh the cost, especially with large liability claims. The average driver in Colorado is currently overpaying as much as $750 every year so you should quote rates each time the policy renews to be sure current rates are still competitive.
Smart Buyers Can Slash Their Insurance Prices
Smart consumers have a good feel for the different types of things that help determine the rates you pay for car insurance. If you know what controls the rates you pay, this allows you to make educated decisions that may result in lower car insurance prices.
Expect high rates for teens – Older insureds are shown to be more cautious, are lower risk to insure, and are safer drivers. Young drivers are statistically proven to be inattentive and easily distracted in a vehicle therefore car insurance rates are much higher.
The data below uses these variables: single driver, full coverage with $100 deductibles, and no discounts or violations.
Better premiums with anti-theft devices – Owning a car that has a built-in theft deterrent system can save you a little every year. Advanced theft deterrents like GM’s OnStar, tamper alarm systems and vehicle immobilizers can thwart your car from being stolen.
Liability protection limits on your policy – Your car insurance policy’s liability coverage is the protection when you are found liable for damages caused by your negligence. Your liability coverage provides legal defense which can be incredibly expensive. Liability insurance is pretty cheap compared to other policy coverages, so drivers should buy more than the minimum limits required by law.
Low comp and collision deductibles mean high premiums – Physical damage deductibles define the amount you are required to pay in the event of a claim. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, insures against damage to your car. Some coverage claims could be collision with another vehicle, damage caused by hail, and having a roll-over accident. The more expense you pay before a claim is paid (deductible), the bigger discount you will receive.
Don’t get traffic citations – Drivers who don’t get tickets pay less for auto insurance compared to drivers with tickets. Having a single ticket may increase your cost by as much as thirty percent. People who have severe citations like hit and run, DWI or reckless driving convictions might be required by their state to file a SR-22 with their state DMV in order to drive a vehicle legally.
The diagram below demonstrates how speeding tickets and at-fault accidents can influence Nissan Xterra insurance premiums for different age groups of insureds. The rates are based on a single female driver, full coverage, $250 deductibles, and no discounts are applied.
Only buy what you need – Insurance companies have many optional add-on coverages that can waste your money on your car insurance policy. Add-on coverages like personal injury protection, towing coverage, and motor club memberships are some examples. They may seem like a good idea when deciding what coverages you need, but if they’re wasting money get rid of them and save.
Safety ratings are a factor – Cars with high safety ratings tend to be cheaper to insure. Vehicles built for safety help reduce the chance of injuries in an accident and lower rates of occupant injuries means less money paid by your insurance company which can mean better rates for you. If your Nissan scored better than four stars on Safercar.gov it may be receiving lower rates.
Decrease prices by maintaining coverage – Driving without insurance coverage in place is a big no-no and companies may charge more for letting your insurance lapse for non-payment. In addition to paying higher premiums, being ticketed for driving with no insurance could result in a steep fine or even jail time. You will then be forced to provide proof of insurance in the form of an SR-22 filing with the Colorado motor vehicle department.
Nissan Xterra insurance loss data – Insurers include the past claim trends for vehicles to calculate a rate that will offset any claims. Models that tend to have higher number or severity of losses will have a higher cost to insure.
The next table shows the actual insurance loss data for Nissan Xterra vehicles. For each type of coverage, the claim probability for all vehicles, without regard to make or model, is considered to be 100. Percentage numbers below 100 suggest a positive loss record, while values over 100 show a trend for more claims or larger claims.
|Vehicle 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
Best car insurance in Colorado
Buying coverage from the best company is difficult considering how many companies there are to choose from in Colorado Springs. The company information displayed below may help you decide which coverage providers you want to consider when shopping around.
Top 10 Colorado Springs Car Insurance Companies Ranked by Claims Service
- State Farm
- AAA Insurance
- Liberty Mutual
- Titan Insurance
- The Hartford
- Mercury Insurance
Keep this in mind when shopping around
We’ve covered many ways to save on Nissan Xterra insurance in Colorado Springs. The most important thing to understand is the more companies you get rates for, the better your comparison will be. You may even discover the best prices are with a company that doesn’t do a lot of advertising.
Drivers change insurance companies for any number of reasons including an unsatisfactory settlement offer, not issuing a premium refund, high rates after DUI convictions or being labeled a high risk driver. It doesn’t matter why you want to switch choosing a new insurance company can be pretty painless.
A few companies don’t offer the ability to get quotes online and usually these regional carriers only sell coverage through local independent agencies. Affordable Nissan Xterra insurance in Colorado Springs is attainable on the web and with local Colorado Springs insurance agents, so compare prices from both in order to have the best price selection to choose from.
Additional car insurance information is located at the links below
- Side Impact Crash Tests (iihs.org)
- Who Has Affordable Auto Insurance Rates for Drivers Over Age 50 in Colorado Springs? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for a Toyota RAV4 in Colorado Springs? (FAQ)
- Who Has Affordable Colorado Springs Car Insurance for a Nissan Altima? (FAQ)
- Who Has the Cheapest Car Insurance for Young Drivers in Colorado Springs? (FAQ)
- What Car Insurance is Cheapest for Hybrid Vehicles in Colorado Springs? (FAQ)
- Who Has Affordable Car Insurance for Handicapped Drivers in Colorado Springs? (FAQ)
- Who Has Affordable Colorado Springs Auto Insurance Rates for Single Moms? (FAQ)
- Collision Coverage (Liberty Mutual)
- Can I Drive Legally without Insurance? (Insurance Information Institute)
- State Car Insurance Guides (GEICO)
- Preventing Carjacking and Theft (Insurance Information Institute)