Cheapest Insurance Quotes for a Nissan Versa in Rhode Island

The chances of buying affordable auto insurance for a Nissan Versa in Rhode Island depends on an enormous amount of factors such as the number of years of driving experience you have, the performance level of your vehicle, and your motor vehicle report. Drivers pay approximately $1,230 each year for Versa insurance, but that rate is an approximation that uses a 50-year-old single female that included full comprehensive and collision coverage and $250 policy deductibles.

Most likely you are not 50 years old and maybe not even female, you might be married instead of single, or maybe you just want liability only instead of full coverage. Just a very minor change in policy rating criteria or coverages can create big changes in the cost of insurance for a Nissan Versa.

There is no “one size fits all” policy, so your best chance at finding cheap car insurance rates for your Nissan is to compare as many rates as you can. In less than five minutes you can get prices from top-rated car insurance companies in Rhode Island.

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The specific trim level will likely have an effect on the yearly cost, so the cost to insure a Versa 1.6 SEDAN trim level will be $346 cheaper than the insurance cost for the more well-appointed Versa 1.8 SL SEDAN trim level, as shown in the prices below.

Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Rhode Island minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, multi-policy, and safe-driver. Premium amounts do not factor in specific zip code location which can influence premiums significantly.

Auto insurance company ratings

Buying coverage from a good quality insurance provider is difficult considering how many different insurance companies sell coverage in Rhode Island. The information below can help you choose which insurers you want to consider when trying to find the cheapest insurance for a Nissan Versa.

The rankings below are only comprised of companies with a national presence, so companies that only write business in Rhode Island or surrounding areas are not included in this list. To get rate quotes from the insurers below and more, just click here.

Cost of full coverage

Finding the cheapest insurance for a Nissan Versa in Rhode Island should be important to most people, and one of the quickest ways to find cheap insurance is to not buy comprehensive and collision coverage. The diagram below shows the comparison of annual premium costs with full physical damage coverage compared to only buying the minimum liability limits required in Rhode Island. The information is based on no tickets, no at-fault accidents, $1,000 deductibles, drivers are single, and no other discounts are factored in.

If we average all the age groups together, physical damage coverage costs $2,089 per year over liability only. Many drivers will wonder when is it safe to stop buying full coverage. There is no set rule to drop full coverage, but there is a general guideline you can use. If the yearly cost for physical damage coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then it may be the right time to buy liability only.

There are some cases where eliminating full coverage is not in your best interest. If you still owe money on your vehicle, you have to carry 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 totaled, you should keep full coverage on your policy.

Which major car insurance company is best?

If you’re looking for the cheapest insurance for a Versa in Rhode Island, the companies with the most market share are Geico, Progressive, State Farm, and Allstate. When combined, they make up 48.5% of the entire U.S. market share. The data below compares price, claims, and customer service ratings, as well as some optional coverages you can buy with each company.

Find the cheapest insurance for a Nissan Versa in Rhode Island

Here are many penny-pinching suggestions that can help you find more affordable coverage.

• Do not get traffic violations
• Drop full coverage on older vehicles
• Staying accident-free helps keep rates low
• Improve your credit rating
• Raise comprehensive and collision coverage deductibles
• Vehicles with good safety ratings are usually cheaper to insure
• Compare rates once a year for cheaper prices

The last tip in the list is remarkably important, as was affirmed in the prior article. Car insurance prices adjust frequently, so don’t be tentative to buy a different policy if you can save money. Brand loyalty is not necessarily bad, but it’s not a great idea if your bullheadedness ends up costing you money that could be spent on other things. It only takes a couple minutes to compare rates and find cheaper insurance for a Nissan Versa.