How Much are Insurance Quotes for a Nissan Altima in Colorado?

Your ability to find the cheapest coverage for a Nissan Altima in Colorado hinges on lots of different factors like whether you are married, if you have a lapse in coverage, and if you have a clean driving record. Drivers in Colorado on average pay approximately $990 per year to insure their Altima, but that cost is an estimate based on rate data for a 40-year-old married female driver who needs full coverage including both comprehensive and collision and $500 policy deductibles.

When projecting a rate like this, the problem is that you are not 40 years old and maybe not even female, maybe you are single instead of married, or maybe you do not need full coverage. Even a minor change in the criteria used to calculate rates could result in a significant change in the coverage rate.

Every driver has a different risk profile, so your best chance at finding the most affordable coverage for your Nissan is to get into the habit of shopping around regularly.

Find Cheaper Nissan Altima Insurance

Your Nissan’s trim level tends to have a direct effect on the coverage cost, so the price you pay to insure a Altima 2.5 4-Dr Sedan trim level will be $216 cheaper than the insurance cost for the more well-appointed Altima 3.5 SR 2-Dr Coupe version, as shown below.

Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Prices do not factor in vehicle garaging location which can modify rates greatly.

Finding good, affordable auto insurance is tough enough, and deciding which insurers offer the most affordable insurance rates for a Nissan Altima will take additional perseverance. Each auto insurance company has a unique formula to set policy rates, so let’s rank the insurance companies that tend to be cheaper in Colorado.

It’s a good idea to be aware that Colorado insurance rates are influenced by many factors that will increase or decrease the cost of having a policy. This price fluctuation is why it is crucial to shop around with many companies to find the most affordable insurance quotes for a Nissan Altima. Insurance rates are calculated by many risk factors and change substantially, so the cheapest company three years ago may now be one of the higher cost companies.

Best Car Insurance Prices for Your Altima

Click to Compare Rates Now

The Hartford quotes some of the best car insurance rates in Colorado at around $850 per year. Grange, USAA, Nationwide, and Travelers are also some of the cheapest Colorado insurance companies.

As shown above, if you are insured with Nationwide and switched to The Hartford, you might realize a yearly savings of approxmiately $305. Insureds with Travelers might save as much as $321 a year, and GEICO customers might reduce rates by $326 a year.

To find out how much you can save, click here or quote rates from the companies below.

These prices are averages across all types of drivers and the different vehicles they drive and are not factoring in a specific rate value for a Nissan Altima. So the auto insurance company that fits your age and vehicle best may not even be included in the list above. That underscores the importance of why you need to get car insurance quotes using your own personal information and vehicle type.

Should you buy full coverage?

Finding cheap insurance for a Nissan Altima in Colorado is the goal of the majority of vehicle owners, and one great way to find cheap insurance is to not buy comprehensive and collision coverage. The information below illustrates the difference between insurance prices with full physical damage coverage compared to only buying liability only. The prices are based on a clean driving record, no claims, $1,000 deductibles, marital status is single, and no discounts are factored in.

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On average, physical damage insurance costs $1,993 per year more than just buying liability only. Many drivers may wonder if buying full coverage is a waste of money. There is no set rule for phasing out physical damage coverage on your policy, but there is a guideline you can consider. If the annual cost of comprehensive and collision coverage is more than 10% of any settlement you would receive from your insurance company, then you may need to consider dropping full coverage.

There are some conditions where dropping full coverage is not advised. If you have an outstanding loan on your vehicle, you have to keep full coverage to protect the lienholder’s interest in the vehicle. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should not drop full coverage.

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

If you are looking for the best car insurance, some of the largest companies to start with are Allstate, State Farm, Progressive, and Geico. When combined, they insure almost half of the entire U.S. auto insurance market. The following table breaks down pricing and service ratings, as well as optional policy coverages you can expect with each one.