Compare Nissan Maxima Insurance Rate Quotes in Dallas

Unbelievable but true according to a study a large majority of consumers have bought car insurance from the same company for over three years, and just under half have never quoted car insurance rates at all. U.S. consumers could save up to $860 a year just by shopping around, but most undervalue how much money they would save if they switched.

It takes a few minutes, but the best way to get the cheapest Nissan Maxima insurance is to compare prices at least once a year from providers who sell auto insurance in Dallas.

1. Spend a few minutes and learn about car insurance and the changes you can make to lower rates. Many factors that result in higher prices like high-risk driving behaviors and a substandard credit score can be remedied by improving your driving habits or financial responsibility.
2. Compare rates from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only provide price estimates from a single company like GEICO and Allstate, while independent agents can give you price quotes from multiple sources.
3. Compare the new rate quotes to the price on your current policy to determine if you can save on Maxima insurance in Dallas. If you can save some money, make sure there is no coverage gap between policies.

One tip to remember is to try to use the same deductibles and limits on every quote request and and to get prices from as many companies as you can. This helps ensure a fair rate comparison and the best price selection.

Nissan Maxima coverage statistics

The information below outlines different coverage prices for Nissan Maxima models. Having a good understanding how insurance quotes are determined can help guide drivers when making decisions when choosing a new policy provider.

Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Premium amounts do not factor in garaging location in Dallas which can increase or decrease coverage prices considerably.

Should you raise deductibles?

When comparing car insurance rates, the most common question is which deductible level should you buy. The data tables below may aid in understanding the differences in price when you buy lower versus higher comp and collision deductibles. The first set of rates uses a $250 physical damage coverage deductible and the second price table uses a $1,000 deductible.

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

Based on the figures above, using a $250 deductible costs about $33 more each month or $396 each year than requesting the higher $1,000 deductible. Since you would have to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to average at a minimum 23 months between claim filings, you would come out ahead if you opt for a higher deductible.

The illustration below highlights how deductible selection and can affect Nissan Maxima premium costs for different age groups. The information is based on a married female driver, full physical damage coverage, and no discounts are applied to the premium.

Car insurance rates based on gender

The illustration below illustrates the difference between Nissan Maxima car insurance rates for male and female drivers. The data is based on no claims or violations, full physical damage coverage, $250 deductibles, single status, and no discounts are factored in.

Full coverage or liability only

The diagram below compares Nissan Maxima insurance rates with full coverage and liability only. The premiums are based on a clean driving record, no claims, $250 deductibles, marital status is single, and no discounts are applied to the premium.

Are you wasting money paying for full coverage?

There is no definitive formula that works best for making the decision to drop full coverage, but there is a guideline you can use. If the annual cost of your full coverage insurance is more than 10% of the replacement cost minus the deductible, then you might want to think about dropping full coverage.

For example, let’s pretend your Nissan Maxima book value is $5,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most your company would pay you is $4,000 after the policy deductible has been paid. If premium cost is more than $400 annually to have full coverage, then it might be time to buy liability only.

There are some scenarios where only buying liability is not a good idea. If you haven’t satisfied your loan, you are required to maintain full coverage in order to satisfy the requirements of the loan. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should not opt for liability only.

Don’t overlook these ten Nissan Maxima insurance discounts

Insurance can be pricey, but you may qualify for discounts that could help you make your next renewal payment. Some of these discounts will be visible at the time of quoting, but a few must be requested specifically prior to receiving the credit.

• Multiple Policy Discount – When you have multiple policies with one company you could earn a discount of up to 20% and get you the cheapest Nissan Maxima insurance in Dallas.
• Driver’s Ed – It’s a good idea to have your young drivers successfully take a driver’s education course if it’s offered in school.
• Membership in Organizations – Belonging to qualifying clubs or civic groups may earn a discount when shopping for insurance.
• Discounts for Multiple Vehicles – Insuring multiple cars or trucks with the same insurance company may reduce the rate for each vehicle.
• Full Payment Discount – By paying your policy upfront instead of paying each month you may have a lower total premium amount.
• Sign Online – Some insurance companies will provide an incentive for completing your application online.
• Resident Student – Kids who are enrolled in a college that is more than 100 miles from Dallas without a vehicle on campus could get you a discount.
• Military Deployment Discount – Having a family member in the military could qualify you for better premium rates.
• Low Mileage Discounts – Driving less can earn lower prices on the low mileage vehicles.
• One Accident Forgiven – This isn’t a discount exactly, but some companies like Progressive, Allstate, and Liberty Mutual will forgive one accident before your rates go up as long as you don’t have any claims for a particular time prior to the accident.

One thing to note about discounts is that most credits do not apply to the entire policy premium. Most only apply to individual premiums such as comprehensive or collision. Despite the fact that it seems like you can get free auto insurance, insurance companies wouldn’t stay in business.

The diagram below compares Nissan Maxima auto insurance rates with and without discounts applied. The price estimates are based on a female driver, no claims or driving citations, Texas state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, homeowner, multi-policy, claim-free, marriage, and safe-driver discounts applied.

For a list of insurers that offer the discounts shown above in Dallas, click this link.

Coverages available on your insurance policy

Knowing the specifics of your insurance policy can be of help when determining the best coverages and proper limits and deductibles. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Shown next are the normal coverages available from insurance companies.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like ambulance fees, surgery, doctor visits and EMT expenses. They can be used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states and may carry a deductible

Uninsured Motorist or Underinsured Motorist insurance – This coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered losses include medical payments for you and your occupants and also any damage incurred to your Nissan Maxima.

Due to the fact that many Texas drivers only purchase the least amount of liability that is required (30/60/25), their liability coverage can quickly be exhausted. So UM/UIM coverage is very important. Usually the UM/UIM limits are similar to your liability insurance amounts.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like fire damage, vandalism, a broken windshield and hail damage. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision – Collision coverage pays for damage to your Maxima caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as hitting a mailbox, scraping a guard rail, crashing into a building and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible on your Maxima to save money on collision insurance.

Liability car insurance – Liability insurance provides protection from damages or injuries you inflict on people or other property. This coverage protects you against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 30/60/25 which stand for $30,000 bodily injury coverage, a limit of $60,000 in injury protection per accident, and $25,000 of coverage for damaged property. Some companies may use one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

Liability coverage protects against things like medical services, attorney fees, loss of income, repair costs for stationary objects and funeral expenses. How much liability should you purchase? That is your choice, but buy as high a limit as you can afford. Texas state law requires minimum liability limits of 30/60/25 but you should think about purchasing more liability than the minimum.

The chart below shows why the minimum limit may not be enough.

A conclusion for your car insurance search

In this article, we presented a lot of information how to lower your Nissan Maxima insurance prices in Dallas. The key concept to understand is the more quotes you get, the higher your chance of finding inexpensive Dallas car insurance quotes. You may even find the most savings is with a smaller regional carrier. Regional companies may only write in your state and offer lower rates than the large multi-state companies such as Allstate, GEICO and Progressive.

When searching for cheaper Dallas car insurance quotes, do not skimp on coverage in order to save money. In too many instances, an insured dropped collision coverage only to regret at claim time they didn’t purchase enough coverage. Your objective should be to buy enough coverage for the lowest cost but still have enough coverage for asset protection.

Cheaper Nissan Maxima insurance in Dallas can be sourced on the web as well as from independent agents in Dallas, so you should compare both to have the best rate selection. Some insurance companies may not have online rate quotes and most of the time these smaller providers provide coverage only through independent agencies.

For more information, feel free to browse the resources below:

• Your Car has been Stolen: Now What? (Allstate)
• What Car Insurance is Cheapest for Single Moms in Dallas? (FAQ)
• Who Has Affordable Car Insurance Rates for Low Income Drivers in Dallas? (FAQ)
• Alcohol Impaired Driving FAQ (iihs.org)
• Rollover Crash FAQ (iihs.org)
• State Laws for Cellphones and Texting (iihs.org)