Buying affordable coverage for a Nissan Altima in North Carolina hinges on many rating factors such as driver age, your claims history, and driving violations and tickets. Drivers will pay around $784 per year for Altima insurance, but that is based upon a 30-year-old single female driver with full comprehensive and collision coverage and $1,000 deductibles.
When projecting a rate like this, the problem is that you are not 30 and maybe not even a female, possibly married instead of single, and maybe you have sub-par credit that needs to be factored in. Each driver’s needs are different, and that demonstrates why the best method for finding the cheapest coverage for your Nissan is to compare rates from as many companies as possible.
The trim level of your Nissan will influence the coverage cost, so the price you pay to insure a Altima 2.5 4-Dr Sedan trim level will be $166 cheaper than the insurance cost for the more costly Altima 3.5 SR 2-Dr Coupe version, as shown in the chart below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Altima 2.5 4-Dr Sedan||$132||$250||$336||$20||$100||$838||$70|
|Altima 2.5 S 4-Dr Sedan||$132||$296||$336||$20||$100||$884||$74|
|Altima Hybrid 4-Dr Sedan||$148||$296||$336||$20||$100||$900||$75|
|Altima 2.5 S 2-Dr Coupe||$148||$296||$380||$22||$114||$960||$80|
|Altima 3.5 SR 4-Dr Sedan||$148||$296||$336||$20||$100||$900||$75|
|Altima 3.5 SR 2-Dr Coupe||$148||$340||$380||$22||$114||$1,004||$84|
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Cost estimates assume single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Premium amounts do not factor in zip code location which can alter insurance rates substantially.
Picking a high-quality auto insurance company is difficult considering how many companies are available to choose from in North Carolina. The rank data displayed below could help you decide which car insurance companies you want to consider comparing price quotes from.
These ratings are only comprised of major nationwide insurance companies, so smaller companies will not be included in this list. To compare price quotes from these and other top-rated companies, click here.
Top 10 Large Auto Insurers Overall in Durham
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
- American Family
Top 10 Large Auto Insurers in Durham Ranked by Claims Service
- State Farm
- Liberty Mutual
- American Family
- Titan Insurance
- AAA Insurance
Get discounts on Durham auto insurance
Insurance companies that sell policies for a Nissan Altima may also offer policy discounts that can reduce rates by 30% or more if you meet specific criteria. Large auto insurance companies and some of the discounts are:
- American Family may have discounts that include good student, early bird, multi-vehicle, good driver, Steer into Savings, bundled insurance, and mySafetyValet.
- Nationwide offers discounts including anti-theft, multi-policy, business or organization, good student, and defensive driving.
- MetLife includes discounts for multi-policy, good driver, defensive driver, claim-free, and accident-free.
- 21st Century has discounts for driver training, air bags, defensive driver, teen driver, homeowners, theft prevention, and good student.
- Farmers Insurance offers premium reductions for distant student, bundle discounts, good student, alternative fuel, and mature driver.
- Allstate policyholders can earn discounts including anti-lock brakes, anti-theft, multi-policy, eSmart discount, auto/life discount, premier discount, and utility vehicle.
The diagram below compares car insurance rates with and without discounts being applied to the rates. The data is based on a male driver, no driving violations, no at-fault accidents, North Carolina state minimum liability limits, full physical damage coverage, and $250 deductibles.
The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with vehicle safety, passive restraint, accident-free, anti-theft, defensive driving course, and homeowner discounts applied. When taking advantage of discounts, theaverage yearly reduction on auto insurance for a Nissan Altima is 28% or $429.
Full coverage versus liability only rates
Buying cheaper auto insurance is the goal of most vehicle owners, and one great way to reduce the cost of insurance for a Nissan Altima is to only pay for liability coverage. The diagram below visualizes the comparison of insurance costs when comparing full coverage to liability only. The premium estimates are based on no claims or driving citations, $250 deductibles, single status, and no discounts are taken into consideration.
As an average, physical damage insurance costs $1,695 per year more than insuring for liability only. That touches on the question if buying full coverage is worth the expense. There is no written rule to eliminate comp and collision coverage, but there is a broad guideline. If the yearly cost for physical damage coverage is about 10% or more of any settlement you would receive from your insurance company, then you might want to think about dropping full coverage.
Why you should shop around for Altima insurance
North Carolina auto insurance rates are determined by lots of factors which can substantially change the price you pay. Simply improving your credit, filing a claim, or having an at-fault accident can cause premium changes that can cause some rates to be more affordable than others. Not only may things change on your end, but insurers amend premium rates at least once a year to adjust for heavy claims or excess profits. Higher than usual claims can cause higher rates, while better underwriting can cause cheaper Altima insurance rates.
To illustrate this point, the chart below shows rates for the cheapest car insurance in Durham, NC for a 30-year-old female driver with a clear driving record, no claims, and a high credit rating. When comparing rates based on her personal profile, Progressive offers the most affordable car insurance rates in Durham at $762 a year. This is $110 less than the average policy premium paid by North Carolina drivers of $872. Utica National, NC Farm Bureau, Liberty Mutual, and Penn National are the remaining cheapest Durham, NC auto insurance companies.
Let’s now give the driver from above an accident claim, less-than-perfect credit, and a speeding citation. Because each company has a proprietary method for determining prices, comparing prices could result in a different list of affordable companies as shown below.
GEICO now has the cheapest insurance rate in Durham, NC with State Farm, Auto-Owners, Utica National, and Erie also having competitive pricing. This example illustrates why consumers need to take the time to do a thorough rate comparison to find the lowest auto insurance rates for a Nissan Altima.
Insurance rates consist of many risk factors and can change without notice, so the cheapest company the last time you checked may now be one of the higher cost companies.
Tips for finding cheaper auto insurance for a Nissan Altima
Below you’ll find a few thrifty solutions that can help drivers quote low-cost car insurance.
- Avoid filing small claims
- Prevent rate increases by staying accident-free
- Assess whether full coverage is needed
- Serious violations like DUI or careless driving can make car insurance unaffordable
- Vehicles with good safety ratings are usually cheaper to insure
- Bundle home or renters insurance to earn a discount on car insurance
- Compare rates once a year for cheaper prices
That last idea is very critical, as we emphasized in this write-up. Insurance prices can change in a short period of time, so don’t be unwilling to change insurance companies if a cheaper rate is available. Many drivers prefer to stick with one company, but we do not recommend it if that loyalty results in overpaying a wad of cash every year. In just a few minutes you could compare prices and find cheaper auto insurance for a Nissan Altima in Durham.
The insurance agents in Durham listed below can most likely help you decide which insurance coverage will be best for you, as some drivers have questions and prefer to get some professional advice when comparing insurance rates for a Nissan Altima. It can be challenging to find the best rates on your own, and getting professional guidance from a licensed agent can bring peace of mind knowing you have adequate protection in case of an accident or claim.
To find a Durham insurance agency close to where you live, click the button link following the list or click here to compare prices now.
- Insurance Pros: Paradis James
3200 Croasdaile Dr # 603 – Durham, NC 27705 – (919) 294-6613
- George Stevens Insurance Inc
1320 Hill St – Durham, NC 27707 – (919) 403-3611
- The Insurance Pros, Inc.
1210 Cole Mill Rd Suite 101 – Durham, NC 27705 – (919) 294-6613
- Chuck Barham State Farm®
3823 Guess Rd – Durham, NC 27705 – (919) 477-7300