If you want to save money, the best way to find low-cost auto insurance rates in Portland is to do a yearly price comparison from insurance carriers who sell insurance in Oregon.
- Step 1: Take a few minutes and learn about how insurance works and the factors you can control to keep rates low. Many factors that drive up the price such as getting speeding tickets and a bad credit score can be amended by making small lifestyle or driving habit changes. This article gives information to find cheap rates and get additional discounts.
- Step 2: Request price quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only give prices from a single company like GEICO or State Farm, while independent agencies can quote prices from multiple insurance companies. View prices
- Step 3: Compare the new rate quotes to your current policy premium and see if you can save money. If you can save money and buy the policy, make sure there is no coverage gap between policies.
- Step 4: Tell your current company to cancel the current policy. Submit a completed application and payment to your new company or agent. As soon as you can, place your new certificate verifying proof of insurance with the vehicle registration.
The key thing to know about shopping around is to try to use similar limits and deductibles on each price quote and and to get price estimates from as many carriers as you can. Doing this provides the most accurate price comparison and and a good selection of different prices.
Unbelievable but true, the majority of drivers have bought car insurance from the same company for over three years, and 38% of drivers have never compared car insurance rates at all. Most drivers in Portland can cut their rates by almost $970 a year by just comparing rate quotes, but they don’t believe how much money they would save if they bought a different policy.
Many insurance companies such as State Farm, Allstate and GEICO make it easy to get coverage prices on the web. Getting Nissan Altima insurance prices online is very simple because it’s just a matter of typing in your required coverages as detailed in the form. When complete, the system makes automated requests for your credit score and driving record and quotes a price based on the data you entered.
Using the web to get rate quotes for Nissan Altima insurance in Portland helps simplify price comparisons, and it’s very important to perform this step if you want to get cheap prices.
To quickly compare rates now, compare rate quotes from the providers shown below. If you currently have coverage, we recommend that you enter the limits and deductibles identical to your current policy. Doing this assures you will have rate quotes using the same coverage and limits.
The companies shown below offer free quotes in Portland, OR. If you want to find the best car insurance in Oregon, it’s highly recommended you visit several of them to get a more complete price comparison.
Three reasons to not skimp on insurance
Despite the fact that insurance is not cheap in Portland, paying for insurance may not be optional for several reasons.
First, just about all states have mandatory insurance requirements which means you are required to carry specific minimum amounts of liability coverage in order to license the vehicle. In Oregon these limits are 25/50/20 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $20,000 of property damage coverage.
Second, if your Altima has a lienholder, almost every bank will require you to have full coverage to ensure the loan is repaid in case of a total loss. If the policy lapses, the lender may insure your Nissan at a much higher premium rate and require you to reimburse them the higher price.
Third, insurance preserves not only your Nissan Altima but also your financial assets. Insurance will also pay for most medical and hospital costs for both you and anyone you injure as the result of an accident. Liability insurance will also pay for a defense attorney if you cause an accident and are sued. If your car is damaged in a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay all costs to repair after the deductible has been paid.
The benefits of insuring your Altima are without a doubt worth the cost, particularly for liability claims. According to a recent study, the average American driver overpays as much as $700 annually so you should quote your policy with other companies at every policy renewal to ensure rates are inline.
Analysis of Nissan Altima rates
The coverage table shown below outlines estimates of insurance premium costs for Nissan Altima models. Having a better understanding of how car insurance premiums are determined can help guide drivers when making informed decisions when shopping around for a new policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Altima 2.5 4-Dr Sedan | $270 | $572 | $386 | $22 | $116 | $1,366 | $114 |
| Altima 2.5 S 4-Dr Sedan | $270 | $672 | $386 | $22 | $116 | $1,466 | $122 |
| Altima Hybrid 4-Dr Sedan | $304 | $672 | $386 | $22 | $116 | $1,500 | $125 |
| Altima 2.5 S 2-Dr Coupe | $304 | $672 | $436 | $26 | $130 | $1,568 | $131 |
| Altima 3.5 SR 4-Dr Sedan | $304 | $672 | $386 | $22 | $116 | $1,500 | $125 |
| Altima 3.5 SR 2-Dr Coupe | $304 | $774 | $436 | $26 | $130 | $1,670 | $139 |
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Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Oregon minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Prices do not factor in your specific Portland location which can modify price quotes greatly.
The diagram below demonstrates how deductible levels and can impact Nissan Altima insurance rates for different age groups. The prices are based on a single male driver, full physical damage coverage, and no policy discounts are applied.
Get cheaper rates by getting discounts
Properly insuring your vehicles can get expensive, but discounts can save money and there are some available that can drop the cost substantially. A few discounts will be applied when you quote, but less common discounts must be asked for before you get the savings.
- Anti-lock Brakes – Cars and trucks equipped with ABS or steering control are much safer to drive and the ABS can save up to 10%.
- Smart Student Discounts – Maintaining excellent grades can get you a discount of up to 25%. Most companies allow this discount well after school through age 25.
- Online Discount – Certain insurance companies give back up to $50 get Portland auto insurance on your computer.
- Driver Training Discounts – Taking part in a class that teaches defensive driver techniques could possibly earn you a 5% discount if you qualify.
- Renewal Discounts – Select insurance companies give a discount for buying a new policy early. You can save around 10% with this discount.
- Memberships – Being a member of a qualifying organization could qualify you for a break on your next renewal.
Discounts lower rates, but some credits don’t apply to the overall cost of the policy. Most only apply to individual premiums such as physical damage coverage or medical payments. So even though you would think all those discounts means the company will pay you, companies wouldn’t make money that way.
The chart below shows the comparison of Nissan Altima insurance premiums with and without discounts being applied to the rates. The premium estimates are based on a male driver, no driving violations, no at-fault accidents, Oregon state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, claim-free, marriage, multi-policy, and homeowner discounts applied.
To find providers who offer insurance discounts in Portland, click here.
Car insurance can get complicated
When it comes to buying your policy, there really is no “best” method to buy coverage. Everyone’s situation is a little different.
For instance, these questions may help highlight whether your personal situation might need an agent’s assistance.
- Does my liability insurance cover pulling a trailer or camper?
- When can I cancel my policy?
- What does medical payments coverage do?
- Does insurance cover tools stolen from my truck?
- Do I need more liability coverage?
- Which companies will insure high-risk drivers?
- How long can I keep a teen driver on my policy?
- How much cheaper are high deductibles?
- Do I need special endorsements for business use of my vehicle?
If you’re not sure about those questions but you know they apply to you, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form.