Who Has the Cheapest Insurance for a Nissan Altima in Maine?

Our content editors always give us grief that when writing about auto insurance, the word “cheap” really should not be used anywhere in the article as a descriptor for car insurance rates. Nonetheless, cheap car insurance for a Nissan Altima can be difficult to find. Don’t let that spoil your day, because we can show you some ways you can still find car insurance that is considered budget-friendly.

Your chances of buying cheaper coverage for a Nissan Altima in Maine depends on things such as whether you are a new or experienced driver, whether or not you have prior claims, and any prior driving citations you have received. Drivers in Maine pay on average $500 every 12 months for Altima insurance, but that rate is an estimate that uses rate data for a 40-year-old married female driver that has full coverage and $1,000 physical damage deductibles.

There is a very good chance that you are not exactly 40 years old and possibly not even female, possibly single instead of married, or maybe you prefer liability limits higher than required by Maine state law. Just a slight difference in the criteria used to calculate rates can result in big changes in how much coverage for a Nissan Altima costs.

Each driver’s needs are different, and that demonstrates why the only way to find cheap auto insurance rates for your Nissan is to take your time and compare rates from as many companies as possible. Rate quotes are easy and you will get price quotes from some of the cheapest companies that offer coverage in Maine.

Find Cheaper Nissan Altima Insurance

The trim level of your Altima can impact the yearly cost, so the price you will be charged to insure a Altima 2.5 4-Dr Sedan trim level will cost $106 less than the cost to insure the more expensive Altima 3.5 SR 2-Dr Coupe version, as shown in the chart below.

Data based on married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Maine minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Estimates do not factor in your specific Maine location which can increase or decrease insurance rates considerably.

Maine car insurance companies

Finding a high-quality insurance company can be challenging considering how many choices drivers have in Maine. The ranking information listed below may help you decide which providers to look at putting your business with.

These ratings are for companies that insure vehicles across America, so companies that only write business in Maine or surrounding areas are not taken into consideration for these rankings. To compare price quotes from these and other top-rated companies, click here.

Top 10 Major Auto Insurance Companies in Maine Ranked by Customer Satisfaction

1. The Hartford – 93%
2. The General – 91%
3. Progressive – 90%
4. 21st Century – 89%
5. State Farm – 87%
6. Travelers – 87%
7. USAA – 87%
8. Safeco Insurance – 86%
9. AAA Insurance – 86%
10. American Family – 85%

Top Companies for Nissan Altima Insurance in Maine

The illustration below highlights how deductible selection can change yearly insurance costs when researching cheap insurance for a Nissan Altima. The price estimates are based on a married female driver, full coverage, and no discounts are applied to the premium.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 1645,1499,1335,1179],[‘Age 30’, 1155,1051,931,817],[‘Age 40’, 1141,1039,923,813],[‘Age 50’, 1001,913,813,717],[‘Age 60’, 957,871,777,685],[‘Age 70’, 1031,941,839,745]]);var options = {title: ‘Impact of Deductibles on Nissan Altima Insurance Rates in Maine’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Insurance Cost for a Nissan Altima’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

In the chart above, a 50-year-old driver could reduce rates by $188 a year by changing from a $100 deductible to a $500 deductible, or save $284 by using a $1,000 deductible. Even younger insureds, like the Age 20 category, could lower their rates $466 or more by using higher deductibles when buying full coverage. If you do make the decision to raise your deductibles, it’s a good idea to have additional funds in a savings account to satisfy the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.

Liability only or full coverage

Finding the cheapest insurance for a Nissan Altima in Maine should be important to most drivers, and one of the quickest ways to save on the cost of insurance is to not pay for full coverage. The diagram below illustrates the comparison of auto insurance costs with liability coverage only compared to full coverage. The data is based on no claims, a clean driving record, $250 deductibles, drivers are not married, and no discounts are factored in.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $250 Deductibles’, ‘Liability Only’],[‘Age 20’, 2351,735],[‘Age 30’, 1205,407],[‘Age 40’, 1201,379],[‘Age 50’, 1095,355],[‘Age 60’, 1059,349],[‘Age 70’, 1287,463]]);var options = {title: ‘Full Coverage Versus Liability Only’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Insurance Cost for a Nissan Altima in Maine’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

Averaged out for all age groups, comprehensive and collision coverage on your policy costs an extra $1,366 per year over having just liability coverage. Many drivers will wonder when is the right time to remove full coverage. There is no definitive formula for excluding comprehensive and collision coverage on your policy, but there is a guideline you can use. If the annual cost of your full coverage insurance is 10% or more of the settlement you would receive from your company, then you may want to consider only buying liability coverage.

Does Progressive, Allstate, Geico, or State Farm have the cheapest car insurance?

If you’re looking for the best car insurance, the companies that insure more vehicles than anyone else are Progressive, Allstate, Geico, and State Farm. Between them, they make up over 48% of the entire U.S. car insurance market. The table below points out some of the different options .