Cheapest Rate Quotes for Nissan Versa Insurance in Los Angeles

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Insurance for Nissan VersaTrying to find cheap Nissan Versa insurance in Los Angeles can be hard for beginners to comparison shopping online. With so many agents and insurers available, it can quickly become a real difficult job to find the best premium rates.

It's a fact that insurance companies want to keep you from shopping around. Drivers who shop rates annually are inclined to switch to a new company because they stand a good chance of finding lower prices. A recent survey found that consumers who shopped around every year saved approximately $850 each year compared to drivers who never compared other company's rates.

If finding the cheapest price for auto insurance is your objective, learning how to get price quotes and compare insurance can help simplify the process.

Smart consumers take time to check auto insurance prices occasionally because prices tend to go up over time. Even if you got the lowest rates on Nissan Versa insurance in Los Angeles at your last renewal there may be better deals available now. You'll find quite a bit of inaccurate information about Versa insurance online, but in a few minutes you can learn some guaranteed methods to lower your auto insurance premiums.

If you have auto insurance now, you will definitely be able to cut your premiums using the ideas presented in this article. These tips will help educate you on the most effective ways to compare rates and some money-saving tips. Nevertheless, California car owners do need to know how big insurance companies determine how much to charge.

When comparison shopping, comparing more quotes will increase your chances of finding the best price.

The providers in the list below offer quotes in Los Angeles, CA. If multiple companies are shown, it's a good idea that you visit two to three different companies to get a more complete price comparison.

Coverage information

The premium table below showcases estimates of rate quotes for Nissan Versa models. Learning a little about how auto insurance premiums are calculated helps drivers make smart choices when purchasing an insurance policy.

Nissan Versa Insurance Rates in Los Angeles, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Versa 1.6 SEDAN $206 $382 $442 $26 $132 $1,188 $99
Versa 1.8 S Hatchback $242 $546 $442 $26 $132 $1,388 $116
Versa 1.8 S SEDAN $242 $546 $442 $26 $132 $1,388 $116
Versa 1.8 SL Hatchback $278 $630 $442 $26 $132 $1,508 $126
Versa 1.8 SL SEDAN $278 $630 $442 $26 $132 $1,508 $126
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Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, homeowner, and multi-vehicle. Estimates do not factor in vehicle garaging location which can impact premium rates significantly.

Deductible analysis

One of the most common insurance questions is how high or low should comp and collision deductibles be. The rates below may help to illustrate the rate fluctuation when you select higher and lower comp and collision deductibles. The first rate comparisons uses a $250 deductible for comp and collision and the second set of prices uses a $1,000 deductible.

Nissan Versa insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Versa 1.6 SEDAN $254 $472 $442 $26 $132 $1,351 $113
Versa 1.8 S Hatchback $298 $678 $442 $26 $132 $1,601 $133
Versa 1.8 S SEDAN $298 $678 $442 $26 $132 $1,601 $133
Versa 1.8 SL Hatchback $342 $780 $442 $26 $132 $1,747 $146
Versa 1.8 SL SEDAN $342 $780 $442 $26 $132 $1,747 $146
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Nissan Versa insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Versa 1.6 SEDAN $156 $298 $442 $26 $132 $1,054 $88
Versa 1.8 S Hatchback $184 $426 $442 $26 $132 $1,210 $101
Versa 1.8 S SEDAN $184 $426 $442 $26 $132 $1,210 $101
Versa 1.8 SL Hatchback $210 $490 $442 $26 $132 $1,300 $108
Versa 1.8 SL SEDAN $210 $490 $442 $26 $132 $1,300 $108
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Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Price information does not factor in Los Angeles location which can raise or lower insurance rates noticeably.

Based on the above data, using a $250 deductible will cost you approximately $33 more each month or $396 annually than buying the higher $1,000 deductible. Since you would have to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you average more than 23 months between claims, you would probably be better off if you choose the higher deductible.

How to calculate deductible break even period

Average monthly premium for $250 deductibles: $134
Average monthly premium for $1,000 deductibles (subtract): - $101
Monthly savings from raising deductible: $33
Difference between deductibles ($1,000 - $250): $750
Divide difference by monthly savings: $750 / $33
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 23 months

One big caveat is that higher deductibles results in a higher out-of-pocket expense when you do file a claim. You should have a higher level of savings in the event you have to pay the higher deductible.

Drive safe and save

The example below shows how violations and accidents can increase Nissan Versa insurance prices for different age groups of insureds. The costs are based on a single female driver, full physical damage coverage, $500 deductibles, and no discounts are applied to the premium.

Difference between full coverage and liability only rates

The chart below illustrates the comparison of Nissan Versa car insurance costs with full physical damage coverage compared to only buying liability only. The information is based on no claims, a clean driving record, $1,000 deductibles, drivers are not married, and no additional discounts are factored in.

When to stop buying full coverage

There is no definitive guideline to stop paying for comprehensive and collision coverage on your policy, but there is a general guideline. If the annual cost of your full coverage insurance is more than 10% of the vehicle's replacement cost less your deductible, then it might be time to buy liability only.

For example, let's pretend your Nissan Versa replacement cost is $5,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would receive is $4,000 after paying your policy deductible. If it's costing in excess of $400 annually for comprehensive and collision coverage, then it's probably a good time to buy liability coverage only.

There are a few situations where only buying liability is not recommended. If you haven't paid off your loan, you must maintain physical damage coverage as part of the loan conditions. Also, if you don't have enough money to buy a different vehicle in the event your current vehicle is totaled, you should not buy liability only.

Car insurance agents can help

Many drivers would rather talk to an insurance agent and that is a smart decision One of the benefits of price shopping on the web is the fact that you can find cheaper auto insurance rates but also keep your business local. Buying from and supporting local agencies is still important in Los Angeles.

Once you complete this form (opens in new window), the coverage information is submitted to local insurance agents that provide free Los Angeles auto insurance quotes for your insurance coverage. You don't have to even leave your home because quoted prices will be sent to you. You can find lower rates and work with a local agent. If for some reason you want to get a price quote from a specific insurance company, you can always navigate to their website and fill out the quote form the provide.

Types of auto insurance agents in Los Angeles

When finding an insurance agent, you should know the different types of agencies and how they differ in how they quote coverages. Insurance agencies in Los Angeles can be categorized as either independent or exclusive depending on the company they work for.

Independent Agents (or Brokers)

Independent agents are appointed with more than one company so they have the ability to put coverage through lots of different companies enabling the ability to shop coverage around. To transfer your coverage to a different company, they can switch companies in-house which makes it simple for you.

When comparison shopping, we recommend you include price quotes from a few independent agents for maximum quote selection. Most can insure with small regional insurance companies which can save you money.

Below are Los Angeles independent agencies that can give you free car insurance quotes.

More insurance agents

Exclusive Insurance Agencies

Exclusive agents can usually just insure with one company and examples are Farmers Insurance and State Farm. They generally cannot compare rates from other companies so always compare other rates. Exclusive agents are usually well trained on the products they sell which aids in selling service over price. Consumers often choose to use an exclusive agent primarily because of the prominence of the brand and solid financial strength.

Shown below are Los Angeles exclusive agents willing to provide comparison quotes.

More insurance agents

Choosing the best insurance agency shouldn't rely on just the price. These questions are important to ask:

  • How long have they been in business?
  • Can they give you a list of client referrals?
  • Do they prorate repair cost based on vehicle mileage?
  • Do they review policy coverages at every renewal?
  • What discounts might you be missing?