Cheap Insurance for a Nissan Maxima in Philadelphia

Are you looking for a better way to compare more affordable Nissan Maxima insurance in Philadelphia? Being forced to pay for expensive auto insurance premiums can consume your budget and force you to tighten up your finances.

A recent auto insurance study discovered that the vast majority of auto insurance customers kept their policy with the same company for over three years, and nearly the majority have never compared rates to find affordable insurance. Drivers in Philadelphia could cut their rates by up to 55% a year by just comparing rate quotes, but they just don’t understand how much they could save if they bought a different policy. Drivers have multiple insurers to purchase coverage from, and although it’s nice to have multiple companies, lots of choices makes it harder to find a good deal for Nissan Maxima insurance in Philadelphia.

Shopping for the lowest-priced policy in Philadelphia is not as confusing as people think. If you already have coverage or just want cheaper rates, follow these tips to shop for the lowest rates while maintaining coverages. Smart shoppers only need an understanding of the quickest way to shop their coverage around online from multiple companies.

The best way to compare insurance rates from multiple companies takes advantage of the fact most larger insurance companies participate in online systems to quote your coverage. The one thing you need to do is provide a small amount of information such as if the car is leased, daily mileage, deductibles desired, and driver ages. Your details is then sent to many of the top insurers and they return quotes very quickly.

To start a rate quote now, click here and complete the form.

The companies in the list below provide price quotes in Pennsylvania. If multiple companies are shown, we suggest you visit several of them in order to get a fair rate comparison.

Discounts for cheap insurance rates

Insurance can be prohibitively expensive, but there could be significant discounts that you may not know about. Many of these discounts will be applied automatically at the time of purchase, but less common discounts must be specifically requested before they will apply.

• Data Collection Discounts – Insureds who allow companies to monitor when and where they use their vehicle by using a telematics device such as In-Drive from State Farm or Allstate’s Drivewise system might see lower rates as long as they are good drivers.
• Multi-Vehicle Discounts – Buying insurance for multiple cars on one policy can get a discount on all vehicles.
• Good Student Discount – Being a good student may save you up to 25%. The discount lasts well after school through age 25.
• Homeowners Savings – Owning a home in Philadelphia may earn you a small savings because it is proof that your finances are in order.
• Student in College – Children who are enrolled in a college that is more than 100 miles from Philadelphia and won’t have access to an insured vehicle can be insured at a reduced rate.
• Organization Discounts – Affiliation with certain professional organizations could earn you a nice discount on your bill.
• Mature Driver Discount – Older drivers may receive a slight reduction on a Philadelphia car insurance quote.
• Safe Drivers – Drivers without accidents can pay as much as 50% less than drivers with accidents.
• No Claims – Philadelphia drivers who stay claim-free can save substantially when compared with policyholders that have many claims.

Discounts reduce rates, but you should keep in mind that some of the credits will not apply to the overall cost of the policy. Most only apply to the price of certain insurance coverages like comp or med pay. If you do the math and it seems like you can get free auto insurance, insurance companies wouldn’t stay in business.

The illustration below shows the comparison of Nissan Maxima yearly insurance costs with and without discounts being applied to the rates. The premiums are based on a female driver, no accidents or driving violations, Pennsylvania state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, multi-car, multi-policy, claim-free, and marriage discounts applied.

Some of the insurance companies that may include many of the previously listed discounts include:

• State Farm
• Farmers Insurance
• Progressive
• GEICO
• Auto-Owners Insurance
• The Hartford
• Farm Bureau
• USAA

When getting a coverage quote, ask all the companies which discounts can lower your rates. Savings may not apply to policies in your area. To see a list of insurers that offer discounts in Pennsylvania, click here to view.

Rate information and statistics

The coverage table displayed below covers different insurance coverage prices for Nissan Maxima models. Being able to understand how insurance premiums are figured can help customers make smart policy decisions.

Table data represents single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Pennsylvania minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Price estimates do not factor in specific location information which can alter insurance rates greatly.

Deductible comparison

When shopping for auto insurance, a common question is where should you set your physical damage deductibles. The rates below may help you to understand the difference in cost of buying low and high physical damage coverage deductibles. The first rate estimation uses a $250 physical damage coverage deductible and the second rate table uses a $500 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, multi-vehicle, and safe-driver. Price information does not factor in specific Philadelphia garaging location which can revise price quotes noticeably.

Based on these figures, using a $250 deductible will cost you about $16 more each month or $192 a year than selecting the higher $500 deductible. Since you would have to pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you usually have more than 16 months between claim filings, you would probably be better off if you elect the higher deductible.

One important caveat is that raising deductibles results in more money out-of-pocket when you have a claim. You must have enough savings in the event you have to pay the deductible for vehicle repair.

The information below highlights how deductible selection and can change Nissan Maxima yearly insurance costs for different age groups. The premiums assume a married male driver, comprehensive and collision coverage, and no discounts are taken into consideration.

Illustration showing the impact of accidents and violations

The diagram below illustrates how speeding tickets and fender-benders drive up Nissan Maxima auto insurance costs for different insured age categories. The information is based on a married male driver, full physical damage coverage, $1,000 deductibles, and no discounts are factored in.

Comparison of full coverage and liability-only policies

The illustration below visualizes the comparison of Nissan Maxima insurance rates with full coverage and liability only. The price estimates are based on no claims or violations, $100 deductibles, single status, and no discounts are applied to the premium.

Are you wasting money paying for full coverage?

There is no specific rule 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 10% or more of any settlement you would receive from your insurance company, then it may be the right time to buy liability only.

For example, let’s say your Nissan Maxima replacement cost is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company would pay you is $7,000 after paying your policy deductible. If you are paying over $700 a year to have full coverage, then it might be time to consider dropping full coverage.

There are some situations where buying only liability insurance is not in your best interest. If you still have a lienholder on your title, you have to maintain full coverage to protect the lienholder’s interest. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should not eliminate full coverage.

How Your Maxima Insurance Costs are Determined

Many different elements are used in the calculation when you get your auto insurance bill. Some of the criteria are obvious like your driving record, although others are less apparent like where you live or how financially stable you are.

The following are some of the items used by insurance companies to determine rates.

Remove unneeded extra coverages – Insurance companies have many optional add-on coverages that you can buy if you aren’t diligent. Add-on coverages like vanishing deductibles, better glass coverage, and additional equipment coverage may be wasting your money. You may think they are a good idea initially, but if you’ve never needed them in the past consider taking them off your policy.

Males are more aggressive – Statistics show women are more cautious behind the wheel. This data doesn’t prove that men are worse drivers. Males and females cause accidents at a similar rate, but men tend to have higher claims. In addition to higher claims, males also have more aggressive citations like DUI and reckless driving.

The example below shows the comparison of Nissan Maxima insurance costs for male and female drivers. The data is based on no tickets, no at-fault accidents, comp and collision included, $500 deductibles, single marital status, and no discounts are taken into consideration.

How many miles do you drive? – The more you drive your Nissan each year the higher the price you pay to insure it. A lot of companies rate vehicles partially by how you use the vehicle. Autos left parked in the garage receive better premium rates compared to those used for work or business. Having the wrong rating on your Maxima is throwing money out the window. Make sure your insurance policy is rated on the right rating data.

Alarms and GPS tracking lower premiums – Choosing a vehicle with anti-theft technology or alarm system can help bring down rates. Theft prevention devices such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack can thwart car theft and help bring rates down.

Increase deductibles and save – Physical damage protection, also known as collision and other-than-collision, insures against damage to your Nissan. Examples of covered claims could be a dented fender, flood damage, and burglary. Deductibles for physical damage tell how much you are required to pay in the event of a claim. The more of the claim you’re willing to pay, the lower your rates will be.

Buying car insurance from Philadelphia car insurance agents

Many people prefer to have an agent’s advice. Good insurance agents can help you choose the best coverages and give you someone to call. One of the great benefits of comparing car insurance online is that you can find cheap rate quotes and also buy local. Supporting local insurance agents is important especially in Philadelphia.

To find an agent, once you fill out this quick form, your insurance data is emailed to insurance agents in Philadelphia that provide free Philadelphia car insurance quotes for your car insurance coverage. You don’t have to contact any agents since rate quotes are delivered immediately to your email address. If you want to get a comparison quote from a particular provider, just find their quoting web page and complete a quote there.

When finding a local Philadelphia insurance agent, you should know the types of agencies that you can choose from. Agents in Philadelphia can be described as either exclusive or independent. Both can properly insure your vehicles, but it is important to understand how they differ because it may have an impact on your selection of an agent.

Independent Agencies or Brokers

Agents of this type can sell policies from many different companies and that allows them to write policies amongst many companies and find you cheaper rates. If they find a lower price, they can switch companies in-house and you won’t have to switch agencies. When comparison shopping, you definitely need to compare prices from multiple independent agents for maximum quote selection.

Listed below is a list of independent agencies in Philadelphia that may be able to give you free price quotes.

More Philadelphia agents

Exclusive Car Insurance Agencies

Agents that elect to be exclusive can only quote rates from one company and some examples include Allstate, State Farm and Farm Bureau. They usually cannot place coverage with different providers so they really need to provide good service. These agents are well trained on their company’s products which helps offset the inability to provide other markets.

Listed below are exclusive agents in Philadelphia that are able to give price quote information.

More Philadelphia agents

Selecting an insurance agent is decision based upon more than just the premium amount. Get answers to these questions too.

• How often do they review policy coverages?
• Can glass claims be handled at your home?
• What company do they have the most business with?
• Is there a 24/7 contact number?
• What will you get paid if your car is a total loss? How is that amount determined?
• Do you have coverage for a rental car if your vehicle is in the repair shop?

Cheap auto insurance rates are out there

We just covered a lot of ways to get a better price on Nissan Maxima insurance in Philadelphia. The most important thing to understand is the more you quote Philadelphia car insurance, the better chance you’ll have of finding inexpensive Philadelphia car insurance quotes. Drivers may even discover the biggest savings come from the smaller companies. Smaller companies may have significantly lower premium rates on certain market segments as compared to the big name companies such as Allstate and Progressive.

When buying insurance coverage, it’s very important that you do not reduce coverage to reduce premium. There are a lot of situations where someone sacrificed liability limits or collision coverage and learned later that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to purchase plenty of coverage at the best possible price, but do not skimp to save money.

Cost effective Nissan Maxima insurance is possible both online and with local Philadelphia insurance agents, and you should compare rates from both to have the best chance of lowering rates. There are still a few companies who may not have online price quotes and usually these small, regional companies only sell coverage through independent insurance agencies.

More detailed auto insurance information is located by following these links:

• Insurance Losses by Make and Model (iihs.org)
• How Much is Car Insurance for a Chevrolet Silverado in Philadelphia? (FAQ)
• How Much are Car Insurance Quotes for Drivers with a DUI in Philadelphia? (FAQ)
• Who Has Cheap Car Insurance Rates for a Toyota Highlander in Philadelphia? (FAQ)
• Who Has the Cheapest Philadelphia Auto Insurance Quotes for High Risk Drivers? (FAQ)
• Shopping for a Safe Car (Insurance Information Institute)
• Understanding Limits and Deductibles (Allstate)
• What Does No-Fault Insurance Cover? (Allstate)
• Drunk Driving Statistics (Insurance Information Institute)