How Much Does 2003 Nissan Xterra Insurance Cost?

Are you sick and tired of not being able to afford to buy car insurance? You are in the same boat as many other drivers. With consumers having so many companies and agents to choose from, it can be challenging to pick the lowest cost insurer.

You should make it a habit to shop coverage around quite often because rates go up and down regularly. If you had the lowest price for Xterra coverage six months ago the chances are good that you can find a lower rate today. Forget anything you know (or think you know) about insurance coverage because I’m going to let you in on the secrets to one of the easiest ways to find great coverage at a great price.

Finding affordable coverage is easy if you know what you’re doing. If you have insurance now or need new coverage, you can use this information to shop for the lowest rates and possibly find even better coverage. Vehicle owners only need an understanding of the most effective way to compare company rates over the internet.

Factors that might impact rates for a Nissan Xterra

Consumers need to have an understanding of the factors that play a part in calculating the price you pay for insurance. Understanding what determines base rates enables informed choices that can help you get lower insurance prices.

  • High deductibles save money – Deductibles for physical damage represent how much money you are required to spend out-of-pocket if you file a covered claim. Physical damage coverage, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. Some instances where coverage would apply would be colliding with a building, vandalism, or theft. The more money you are required to pay out-of-pocket, the less your insurance will be for Xterra coverage.
  • Don’t buy coverages you don’t need – There are a lot of additional coverages that you can buy when buying insurance. Coverages like roadside assistance, towing coverage and motor club memberships are examples of these. They may seem like a good idea when talking to your agent, but if you don’t need them get rid of them and save.
  • How’s your driving record? – Just one ticket can increase rates by twenty percent. Good drivers receive lower rates than bad drivers. Drivers who have serious citations such as DWI, reckless driving or hit and run convictions may need to file a SR-22 with their state DMV in order to continue driving.
  • Occupation reflects on rates – Careers like real estate brokers, business owners and accountants tend to have higher rates than average because of high stress levels and lots of time spent at work. On the flip side, occupations like actors, athletes and the unemployed receive lower rates for Xterra coverage.
  • How your age affects price – Older insureds tend to be more responsible, file fewer claims and tend to be better behind the wheel. Youthful drivers have a tendency to be careless and easily distracted when behind the wheel and because of this, their insurance rates are much higher.

How to Lower Your Car Insurance Cost

Lowering your 2003 Nissan Xterra car insurance rates is surprisingly easy. The only thing you need to do is take a couple of minutes to compare rate quotes provided by online insurance companies. This can be done using a couple different methods.

  1. The fastest way to get the best comparison quotes is a comparison rater form click to view form in new window. This easy form saves time by eliminating separate quotation requests for each company. Filling out one form will get you rate comparisons from multiple low-cost companies.
  2. A more time consuming way to get comparison quotes consists of visiting the website of each company to request a price quote. For example, let’s say you want rates from GEICO, Liberty Mutual and Allstate. To get each rate you have to take the time to go to each site to enter your coverage information, which is why the first method is quicker.

    For a handy list of car insurance company links in your area, click here.

Which method you use is up to you, but compare identical coverage information for every company. If you use mixed coverages it’s impossible to find the best deal for your Nissan Xterra.

Save $434 a year. For real?

Consumers can’t get away from ads for the lowest price auto insurance by State Farm, GEICO and Progressive. All the ads make the same claim that you can save if you switch to their company.

But how can every company claim to save you money? This is how they do it.

All the different companies have a certain “appetite” for the type of driver that is profitable for them. An example of a driver they prefer might be over the age of 50, is a homeowner, and has a high credit rating. A customer getting a price quote who fits that profile is entitled to the best price and therefore will save when they switch companies.

Potential customers who are not a match for the “perfect” profile will be charged more money and this can result in the driver buying from a lower-cost company. The ads state “people who switch” but not “drivers who get quotes” save that much. This is how insurance companies can confidently state the savings. That is why you should quote coverage with many companies. It’s just too difficult to predict which insurance companies will fit your personal profile best.

How to reduce Nissan Xterra insurance rates

Auto insurance companies do not list all their discounts in a way that’s easy to find, so the following is a list of both well-publicized and the harder-to-find savings tricks you should be using. If you aren’t receiving every discount available, you are paying more than you should be.

  • Military Discounts – Being on active duty in the military can result in better rates.
  • Anti-theft System – Cars that have factory anti-theft systems are stolen less frequently and earn discounts up to 10%.
  • Discount for Life Insurance – Larger companies have lower rates if you buy life insurance.
  • Anti-lock Brake Discount – Vehicles equipped with ABS or steering control can avoid accidents and earn discounts up to 10%.
  • Employee of Federal Government – Simply working for the federal government can save as much as 8% for Xterra coverage with certain companies.
  • Pay Upfront and Save – If paying your policy premium upfront instead of making monthly payments you could save up to 5%.
  • Good Student – Getting good grades can be rewarded with saving of up to 25%. Earning this discount can benefit you up until you turn 25.
  • 55 and Retired – If you qualify as a senior citizen, you may be able to get a small decrease in premiums for Xterra coverage.

A little note about advertised discounts, some of the credits will not apply to the entire cost. Some only reduce the cost of specific coverages such as liability and collision coverage. Even though it may seem like you could get a free auto insurance policy, companies don’t profit that way.

A partial list of companies that possibly offer these discounts include:

Double check with each insurance company how you can save money. Savings may not apply in your state.

Tailor your coverage to you

When it comes to choosing the right insurance coverage, there really is not a “perfect” insurance plan. Your needs are not the same as everyone else’s so this has to be addressed. Here are some questions about coverages that might point out whether your personal situation might need an agent’s assistance.

  • Why is insurance for a teen driver so high?
  • Is a new car covered when I drive it off the dealer lot?
  • What is no-fault insurance?
  • Is my camper covered by my car insurance policy?
  • Do I need rental car coverage?
  • Should I have combined single limit or split liability limits?
  • Can I rent a car in Mexico?
  • Do I have any recourse if my insurance company denies a claim?

If you’re not sure about those questions but a few of them apply, you may need to chat with a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier It is quick, free and you can get the answers you need.

Insurance coverages 101

Learning about specific coverages of a insurance policy can help you determine appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Listed below are the usual coverages offered by insurance companies.

Uninsured and underinsured coverage

This gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important.

Coverage for collisions

Collision insurance will pay to fix damage to your Xterra resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as colliding with another moving vehicle, hitting a parking meter and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. It’s also possible to choose a higher deductible to save money on collision insurance.

Coverage for liability

Liability coverage will cover damage or injury you incur to a person or their property by causing an accident. It protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 50/100/50 which means a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.

Liability coverage pays for claims like court costs, structural damage, repair bills for other people’s vehicles and medical expenses. The amount of liability coverage you purchase is up to you, but buy as large an amount as possible.

Coverage for medical payments

Med pay and PIP coverage kick in for bills like funeral costs, surgery, doctor visits and nursing services. They are used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive coverages

This pays for damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as hail damage, hitting a deer and falling objects. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Have the Midas touch

Budget-conscious 2003 Nissan Xterra insurance can be purchased on the web and with local insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance coverage companies do not offer online quoting and these small insurance companies work with independent agents.

As you restructure your insurance plan, it’s a bad idea to buy lower coverage limits just to save a few bucks. In many instances, an insured dropped uninsured motorist or liability limits only to regret that it was a big mistake. Your strategy should be to get the best coverage possible at an affordable rate.

Much more information about insurance coverage is available on the following sites: