Do you want to stop overpaying and find more competitive car insurance rates in Denver, CO? Denver drivers have lots of choices when trying to find low-cost Nissan Altima insurance. They can either waste time struggling with agents to compare prices or save time using the internet to get rate quotes.
There is a better way to buy car insurance and you need to know the best way to compare rates for a Nissan and locate the best price possible from Denver insurance agents and online providers.
It’s hard to believe, but most car insurance customers kept buying from the same company for at least four years, and nearly the majority have never shopped around. Drivers in Colorado could save themselves nearly 35% a year just by comparing rates, but they just feel it’s too hard to compare rates online.
The companies in the list below are ready to provide comparison quotes in Denver, CO. If multiple companies are shown, it’s highly recommended you visit as many as you can to get the best price comparison.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Altima 2.5 4-Dr Sedan | $302 | $546 | $352 | $20 | $106 | $1,326 | $111 |
| Altima 2.5 S 4-Dr Sedan | $214 | $426 | $358 | $22 | $108 | $1,128 | $94 |
| Altima Hybrid 4-Dr Sedan | $192 | $360 | $330 | $20 | $98 | $1,000 | $83 |
| Altima 2.5 S 2-Dr Coupe | $190 | $340 | $396 | $24 | $118 | $1,068 | $89 |
| Altima 3.5 SR 4-Dr Sedan | $242 | $426 | $358 | $22 | $108 | $1,156 | $96 |
| Altima 3.5 SR 2-Dr Coupe | $162 | $382 | $416 | $24 | $124 | $1,108 | $92 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-policy, and multi-vehicle. Estimates do not factor in specific location information which can increase or decrease prices greatly.
Comparison of car insurance rates by gender and age
The diagram below illustrates the comparison of Nissan Altima annual premium costs for male and female drivers. Data assumes no claims, a clean driving record, full physical damage coverage, $250 deductibles, drivers are single, and no additional discounts are factored in.
How high should deductibles be?
The example below shows how different deductible levels and can affect Nissan Altima annual premium costs for different age categories. The costs are based on a married female driver, comprehensive and collision coverage, and no discounts are applied.
Physical damage deductibles: Should you raise them?
One frequently asked question is which deductibles should you choose. The figures shown below approximate the difference in cost when you choose different deductibles. The first set of rates uses a $250 deductible and the second set of rates uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Altima 2.5 4-Dr Sedan | $272 | $458 | $352 | $20 | $106 | $1,233 | $103 |
| Altima 2.5 S 4-Dr Sedan | $272 | $538 | $352 | $20 | $106 | $1,313 | $109 |
| Altima Hybrid 4-Dr Sedan | $306 | $538 | $352 | $20 | $106 | $1,347 | $112 |
| Altima 2.5 S 2-Dr Coupe | $306 | $538 | $396 | $24 | $118 | $1,407 | $117 |
| Altima 3.5 SR 4-Dr Sedan | $306 | $538 | $352 | $20 | $106 | $1,347 | $112 |
| Altima 3.5 SR 2-Dr Coupe | $306 | $620 | $396 | $24 | $118 | $1,489 | $124 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Altima 2.5 4-Dr Sedan | $168 | $288 | $352 | $20 | $106 | $934 | $78 |
| Altima 2.5 S 4-Dr Sedan | $168 | $340 | $352 | $20 | $106 | $986 | $82 |
| Altima Hybrid 4-Dr Sedan | $190 | $340 | $352 | $20 | $106 | $1,008 | $84 |
| Altima 2.5 S 2-Dr Coupe | $190 | $340 | $396 | $24 | $118 | $1,068 | $89 |
| Altima 3.5 SR 4-Dr Sedan | $190 | $340 | $352 | $20 | $106 | $1,008 | $84 |
| Altima 3.5 SR 2-Dr Coupe | $190 | $390 | $396 | $24 | $118 | $1,118 | $93 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Information does not factor in specific Denver garaging location which can lower or raise coverage rates considerably.
Based on the above data, using a $250 deductible would cost the average driver about $28 more each month or $336 annually than opting for the higher $1,000 deductible. Since the policyholder would be required to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you normally average more than 27 months between claims, you would save more money if you choose a higher deductible.
Three reasons to not skimp on auto insurance
Despite the potentially high cost of Nissan Altima insurance, insurance is required in Colorado but also provides important benefits.
- Most states have minimum liability requirements which means it is punishable by state law to not carry specific limits of liability insurance coverage if you don’t want to risk a ticket. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If you bought your Altima with a loan, almost all lenders will force you to have full coverage to guarantee payment of the loan. If you cancel or allow the policy to lapse, the bank or lender will purchase a policy for your Nissan at a much higher premium rate and force you to pay for the much more expensive policy.
- Insurance protects both your Nissan and your assets. It also can pay for medical bills for not only you but also any passengers injured in an accident. As part of your policy, liability insurance also pays for attorney fees and expenses if you are named as a defendant in an auto accident. If your vehicle suffers damage from an accident or hail, collision and comprehensive coverages will pay to restore your vehicle to like-new condition.
The benefits of carrying adequate insurance more than cancel out the cost, particularly if you ever have a claim. But the average American driver is overpaying more than $865 each year so it’s very important to do a rate comparison at every renewal to help ensure money is not being wasted.
Companies offer lots of discounts on Nissan Altima insurance in Denver
Auto insurance is neither fun to buy or cheap, but you may qualify for discounts that can help lower your rates. Some trigger automatically at the time of purchase, but some need to be specially asked for before you get the savings.
- Air Bag Discount – Vehicles with factory air bags could see savings as much as 30%.
- Discounts for Federal Employees – Federal government employees could cut as much as 10% off with a few auto insurance companies.
- No Claim Discounts – Insureds who avoid accidents and claims have much lower rates in comparison with policyholders that have many claims.
- Save over 55 – Mature drivers may be able to get a discount up to 10%.
- Bundle and Save – When you have multiple policies with the same insurance company you will save at least 10% off all policies.
- Good Students Pay Less – Being a good student may save as much as 25% on a Denver car insurance quote. Most companies allow this discount until age 25.
You should keep in mind that most of the big mark downs will not be given to all coverage premiums. Some only apply to individual premiums such as comprehensive or collision. So even though it sounds like all those discounts means the company will pay you, companies don’t profit that way.
The best auto insurance companies and a summarized list of policyholder discounts are:
- GEICO offers discounts including defensive driver, emergency military deployment, daytime running lights, good student, multi-policy, and anti-theft.
- SAFECO may include discounts for anti-lock brakes, accident prevention training, anti-theft, drive less, and bundle discounts.
- State Farm offers discounts for student away at school, accident-free, defensive driving training, passive restraint, Drive Safe & Save, multiple policy, and multiple autos.
- MetLife discounts include good student, defensive driver, claim-free, good driver, and accident-free.
- 21st Century has savings for teen driver, 55 and older, automatic seat belts, driver training, theft prevention, student driver, and anti-lock brakes.
- Progressive may have discounts that include multi-policy, online signing, good student, multi-vehicle, homeowner, continuous coverage, and online quote discount.
When quoting, ask all the companies the best way to save money. Some of the earlier mentioned discounts might not be offered on policies in every state. To find providers with discount auto insurance rates in Denver, click here.
Insurance agents can help
A small number of people still prefer to get professional advice from a licensed agent. Agents are highly skilled in risk management and will help you if you have claims. The biggest benefit of comparing insurance online is you can get the lowest rates and still buy from a local agent. Buying from neighborhood agents is especially important in Denver.
After completing this simple form, the quote information is immediately sent to local insurance agents in Denver who will give you quotes for your insurance coverage. It’s much easier because you don’t need to do any legwork because prices are sent to you. If for some reason you want to quote rates from a specific insurance company, you just need to navigate to their website to submit a rate quote request.
Is an exclusive or independent car insurance agent right for you?
When looking for a local insurance agency, there are two different types of agents and how they are slightly different. Insurance policy providers are classified as either independent or exclusive depending on the company they work for. Both types can do a good job, but it is important to understand how they differ since it may influence buying decisions.
Independent Insurance Agents
Independent agents do not work for one specific company so they can quote policies with an assortment of companies and get the cheapest rates. To move your coverage to a new company, they simply move your policy to a different company and you stay with the same agent. When comparison shopping, we recommend you compare quotes from independent agents for maximum quote selection. Most have the option of insuring with additional companies that you may not be familiar with which may provide better rates.
The following is a partial list of independent insurance agents in Denver that can possibly get you free price quotes.
- Affordable American Insurance-Lloyd Nguyen Agency
1834 S Sheridan Blvd – Denver, CO 80232 – (303) 936-7233 – View Map - Mile High Insurance Agency
4704 Harlan St #360 – Denver, CO 80212 – (303) 237-5445 – View Map - Aspen Insurance Agency
2238 S Broadway – Denver, CO 80210 – (303) 777-2991 – View Map
Exclusive Insurance Agents
These type of agents can only provide one company’s prices like State Farm, Allstate and AAA. Exclusive agents cannot shop your coverage around so they really need to provide good service. These agents are very knowledgeable in insurance sales which helps them sell insurance even at higher premiums. A lot of people buy from exclusive agents partially due to the brand legacy rather than having low rates.
Below are exclusive agents in Denver willing to provide price quote information.
- Stephanie Sponder – State Farm Insurance Agent
671 E 19th Ave – Denver, CO 80203 – (303) 744-0757 – View Map - Tammy Hill – State Farm Insurance Agent
4650 Tower Rd Unit 101 – Denver, CO 80249 – (303) 373-9500 – View Map - American Family Insurance – Matthew Ditzenberger
1485 S Colorado Blvd #300c – Denver, CO 80222 – (303) 756-8038 – View Map
Choosing an car insurance agent should depend on more than just a cheap price quote. These are valid questions to ask:
- Can you contact them at any time?
- Do you qualify for any additional discounts?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- By raising physical damage deductibles, how much would you save?
- Which family members are covered?
- Are there any discounts for paying up front?
- Will they make sure you get an adequate claim settlement?
Quote more and you will save more
In this article, we presented many tips how you can find cheap Nissan Altima insurance in Denver. The key thing to remember is the more rate comparisons you have, the higher the chance of saving money. You may even find the lowest priced insurance comes from some of the lesser-known companies.
Budget-friendly insurance in Denver can be bought online in addition to many Denver insurance agents, so you need to shop Denver car insurance with both in order to have the best chance of saving money. There are still a few companies who do not provide online quoting and most of the time these smaller companies sell through local independent agencies.
As you quote Denver car insurance, make sure you don’t reduce needed coverages to save money. In many instances, someone dropped liability coverage limits only to regret at claim time that the savings was not a smart move. The ultimate goal is to buy a smart amount of coverage at the lowest possible cost while still protecting your assets.
For more information, link through to the articles below:
- Choosing an Insurance Company (Insurance Information Institute)
- What Auto Insurance is Cheapest for a Subaru Forester in Denver? (FAQ)
- Who Has the Cheapest Auto Insurance for Homeowners in Denver? (FAQ)
- Who Has Cheap Auto Insurance Quotes for a Nissan Sentra in Denver? (FAQ)
- Who Has Cheap Car Insurance for Electric Cars in Denver? (FAQ)
- Who Has Affordable Auto Insurance Quotes for Good Drivers in Denver? (FAQ)
- Who Has Cheap Denver Car Insurance for Single Moms? (FAQ)
- Electronic Stability Control FAQ (iihs.org)
- Auto Insurance 101 (About.com)
- Cellphones, Texting and Driving (iihs.org)