Finding the cheapest auto insurance for a Nissan Versa in California is pretty simple, but it hinges on a complicated formula that considers factors such as your age, your credit score, and driving violations and tickets. Drivers will pay on average $986 annually for Versa insurance, but that price is an estimation based on a 40-year-old married male driver with full coverage and $1,000 deductibles.
The issue that arises when projecting rates is that it’s very likely that you are not 40 and maybe not even a male, single instead of married, and you want different coverage limits than the example. Auto insurance is unique to each driver, so the only real way to find the most affordable coverage for your Nissan is to just compare rates yourself. Quotes only take a couple of minutes and you can get prices from the best companies around.
Find Cheaper Nissan Versa Insurance
The specific model of Versa will have an impact the coverage cost, so the price you will be charged to insure a Versa 1.6 SEDAN model will be $228 cheaper than the cost to insure the more expensive Versa 1.8 SL SEDAN trim level, as shown below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Versa 1.6 SEDAN | $142 | $274 | $456 | $26 | $136 | $1,034 | $86 |
| Versa 1.8 S Hatchback | $168 | $392 | $456 | $26 | $136 | $1,178 | $98 |
| Versa 1.8 S SEDAN | $168 | $392 | $456 | $26 | $136 | $1,178 | $98 |
| Versa 1.8 SL Hatchback | $192 | $452 | $456 | $26 | $136 | $1,262 | $105 |
| Versa 1.8 SL SEDAN | $192 | $452 | $456 | $26 | $136 | $1,262 | $105 |
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Price data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Prices do not factor in specific garaging location which can influence insurance rates substantially.
Shopping around for reasonably-priced car insurance is confusing at best, and deciding which companies have the lowest-priced car insurance rates for a Nissan Versa calls for even more diligence. Every car insurance company has their own unique process for setting rates, so we’ll take a look at the car insurance companies that tend to have lower prices in San Jose.
Cheap Insurance Rates for Your Versa
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,121 |
| 2 | Wawanesa | $1,157 |
| 3 | CSAA | $1,186 |
| 4 | Century National | $1,214 |
| 5 | Nationwide | $1,226 |
| 6 | 21st Century | $1,379 |
| 7 | Grange | $1,433 |
| 8 | Mercury | $1,533 |
| 9 | Progressive | $1,542 |
| 10 | GEICO | $1,559 |
| 11 | Allstate | $1,559 |
| 12 | The Hartford | $1,591 |
| 13 | Allied | $1,603 |
| 14 | MetLife | $1,654 |
| 15 | State Farm | $1,682 |
| 16 | Esurance | $1,688 |
| 17 | Unitrin | $1,750 |
| 18 | Bristol West | $1,777 |
| 19 | Travelers | $1,806 |
| 20 | Farmers | $2,006 |
| Quote Your Rates Go | ||
USAA may have some of the lowest car insurance rates in San Jose at around $1,121 annually. Wawanesa, CSAA, Century National, and Nationwide also are some of the most economical San Jose, CA car insurance companies.
As shown in the rates above, if you currently buy coverage from CSAA and switched to USAA, you might see an annual savings of in the vicinity of $65. California drivers with Century National could save as much as $93 a year, and Nationwide insureds might reduce rates by $105 a year.
Remember that these estimates are averaged for all types of drivers and the different vehicles they drive and and are not figured with an exact vehicle garaging location for a Nissan Versa. So the car insurance company that has the lowest price for you may not even be in the top 24 companies shown above. That points out the importance of why you need to get auto insurance quotes using your own driver information and specific vehicle type.
Insurance rate increases from tickets or accidents
The common sense way to maintain the best car insurance premiums for a Versa is to be a safe driver and avoid at-fault accidents and violations. The diagram below shows how violations and at-fault accidents raise insurance costs for different age groups. The data assumes a single female driver, comp and collision included, $100 deductibles, and no other discounts are factored in.
The data in the chart shows the average cost of auto insurance in San Jose per year with no accidents and a clean driving record is $3,258. Get written up for two speeding tickets and the average cost increases to $4,406, an increase of $1,148 each year. Now get two accidents along with the two speeding tickets and the 12-month cost of car insurance for a Nissan Versa increases to an average of $8,309. That’s an increase of $5,051, or $421 per month, just for not paying attention while driving!
The illustration below illustrates how your deductible choice can impact insurance rates when searching for cheap insurance for a Nissan Versa. Data assumes a married female driver, full physical damage coverage, and no other discounts are factored in.
As shown above, a 30-year-old driver could lower their car insurance rates by $530 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $792 by selecting a $1,000 deductible. Even younger drivers, like the 20-year-old category, can cut as much as $1,120 every year just by choosing larger deductibles. When raising deductibles, it will now be necessary to have enough in a savings account to cover the extra out-of-pocket expense that deters many people from opting for higher deductibles.
How much more does full coverage cost in San Jose?
Reducing the cost of car insurance is the goal of the majority of people, and one good way to find cheaper insurance for a Nissan Versa is to buy liability only. The example below shows the comparison of car insurance costs with full coverage compared to only the California minimum liability coverage. The premium estimates are based on no violations or claims, $250 deductibles, marital status is single, and no discounts are applied to the premium.
Averaged out for all age groups, physical damage coverage on your policy costs an extra $3,124 per year over liability only. That raises the question when is the right time to remove full coverage. There isn’t a written rule to eliminate physical damage coverage on your policy, but there is a general guideline you can use. If the annual cost of coverage is more than 10% of the vehicle’s replacement cost less your deductible, then you might want to think about dropping full coverage.