Auto Insurance Quotes for a Nissan Xterra in Portland

Discount Nissan Xterra insuranceIf your goal is the lowest price, then the best way to get budget Nissan Xterra insurance in Portland is to regularly compare price quotes from providers who can sell car insurance in Oregon. Prices can be compared by completing these steps.

One thing to remember is to use the same deductibles and limits on every quote and and to get rate quotes from as many different insurance providers as possible. Doing this ensures a level playing field and the best price selection.

It’s an obvious conclusion that insurance companies don’t want customers comparing rates. People who shop around for better prices will presumably switch to a new company because there are good odds of finding lower prices. A recent survey discovered that drivers who regularly shopped around saved on average $3,450 over four years compared to drivers who don’t regularly compare prices.

If finding the lowest price for car insurance in Portland is your intention, then having a good understanding the best way to compare car insurance can help you be more efficient.

You Can Change Your Insurance Rates

Many things are part of the calculation when premium rates are determined. A few of the factors are predictable such as traffic violations, but other factors are not quite as obvious such as your credit history or how safe your car is. Part of the auto insurance buying process is learning a few of the rating criteria that come into play when calculating the rates you pay for auto insurance. If you know what controls the rates you pay, this enables informed choices that could help you find better auto insurance rates.

Shown below are a partial list of the pieces that factor into your rates.

Bad credit hurts insurance premiums – A driver’s credit rating is a large factor in determining your rates. If your credit history is lower than you’d like, you could pay less to insure your Nissan Xterra by improving your credit score. People that have excellent credit scores tend to be better drivers and file fewer claims than drivers who have lower credit scores.

Defend yourself with liability protection – A critical coverage on your policy, liability insurance will afford coverage when you are found to be at fault for causing personal injury or damage in an accident. This coverage provides legal defense coverage to defend your case. It is affordable coverage when compared to the cost of physical damage coverage, so drivers should buy more than the minimum limits required by law.

Policy add-ons add up – There are quite a few optional add-on coverages that can waste your money if you aren’t careful. Coverages like coverage for rental cars, better glass coverage, and motor club memberships are some examples. They may seem like a good idea when buying your policy, but if you have no use for them remove them and pocket the money.

Fewer miles means better rates – The more miles you rack up on your Nissan in a year’s time the higher your rates will be. Most insurance companies price each vehicle’s coverage based upon how the vehicle is primarily used. Cars and trucks that have low annual miles receive lower rates than vehicles that are driven to work every day. An improperly rated Xterra is throwing money out the window. Verify your declarations sheet reflects how each vehicle is driven, because it can save money.

Tickets will cost you – Good drivers receive lower rates compared to drivers with tickets. Having a single moving violation can increase rates twenty percent or more. Drivers who have serious tickets like DUI or willful reckless driving may need to prove financial responsibility with the DMV in their state in order to legally drive.

The example below shows how violations and at-fault accidents can raise Nissan Xterra car insurance rates for each age group. The premiums are based on a married male driver, full coverage, $1,000 deductibles, and no additional discounts are factored in.

Youthful drivers cost more – Teenage drivers in Oregon have a tendency to get distracted easily when driving with friends therefore auto insurance rates are much higher. Adding a beginning driver onto a policy can break the bank. Mature drivers are proven to be safer behind the wheel, file fewer claims, and get fewer tickets.

The following chart uses these variables: single driver, full coverage with $1000 deductibles, and no discounts or violations.

Higher rates for coverage lapses – Driving any period of time without insurance is a misdemeanor and companies may charge more for letting your insurance coverage expire. And not only will your rates increase, getting caught without coverage could earn you fines or a revoked license.

Vehicle features impact premiums – Selecting a car model that has an advanced theft prevention system can help bring down rates. Systems that thwart thieves like vehicle immobilizer systems, OnStar, and tracking devices like LoJack all aid in stopping auto theft.

Insurance losses for a Nissan Xterra – Auto insurance companies include the past claim trends for vehicles to help determine rates. Models that the data determines to have higher number or severity of losses will have a higher cost to insure.

The next table illustrates the historical loss data for Nissan Xterra vehicles. For each coverage category, the loss probability for all vehicles, regardless of manufacturer or model, is a value of 100. Numbers shown that are under 100 imply a favorable loss record, while numbers above 100 point to more losses or a tendency for claims to be larger.

Nissan Xterra Insurance Claim Statistics
Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Nissan Xterra 4dr 2WD 57 95 45
Nissan Xterra 4dr 4WD 62 100 63 59 77 86

Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Nissan Xterra coverage analysis

The premium table shown below highlights a range of insurance policy prices for Nissan Xterra models. Having a good grasp of how insurance prices are formulated can aid in making informed decisions when comparing rates.

Nissan Xterra Insurance Rates in Portland, OR
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Xterra X 2WD $104 $144 $306 $18 $92 $664 $55
Xterra S 2WD $104 $144 $306 $18 $92 $664 $55
Xterra S 4WD $104 $144 $306 $18 $92 $664 $55
Xterra X 4WD $104 $144 $306 $18 $92 $664 $55
Xterra Off Road 4WD $118 $182 $306 $18 $92 $716 $60
Xterra SE 2WD $118 $182 $306 $18 $92 $716 $60
Xterra SE 4WD $118 $182 $306 $18 $92 $716 $60
Get Your Own Custom Quote Go

Table data represents married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Oregon minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Table data does not factor in the specific area where the vehicle is garaged which can change insurance rates greatly.

How high should deductibles be?

The hardest decision when buying coverage is how high should the physical damage deductibles be. The comparison tables below help summarize the price difference when you choose different physical damage deductibles. The first rate table uses a $250 deductible for comp and collision and the second price chart uses a $500 deductible.

Nissan Xterra insurance premium estimates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Xterra X 2WD $216 $268 $320 $18 $96 $943 $79
Xterra S 2WD $216 $268 $320 $18 $96 $943 $79
Xterra S 4WD $216 $268 $320 $18 $96 $943 $79
Xterra X 4WD $216 $268 $320 $18 $96 $943 $79
Xterra Off Road 4WD $246 $342 $320 $18 $96 $1,047 $87
Xterra SE 2WD $246 $342 $320 $18 $96 $1,047 $87
Xterra SE 4WD $246 $342 $320 $18 $96 $1,047 $87
Get Your Own Custom Quote Go

Nissan Xterra insurance premium estimates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Xterra X 2WD $174 $216 $320 $18 $96 $824 $69
Xterra S 2WD $174 $216 $320 $18 $96 $824 $69
Xterra S 4WD $174 $216 $320 $18 $96 $824 $69
Xterra X 4WD $174 $216 $320 $18 $96 $824 $69
Xterra Off Road 4WD $200 $276 $320 $18 $96 $910 $76
Xterra SE 2WD $200 $276 $320 $18 $96 $910 $76
Xterra SE 4WD $200 $276 $320 $18 $96 $910 $76
Get Your Own Custom Quote Go

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Oregon minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-vehicle, and multi-policy. Rates do not factor in your specific Portland location which can alter premium rates greatly.

Based on this data, we can arrive at the conclusion that using a $250 deductible costs roughly $10 more each month or $120 a year across all Nissan Xterra models than buying the higher $500 deductible. Since you would have to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you tend to have at least 25 months between claims, you would probably come out ahead if you elect the higher deductible. The table below shows an example of how you can make this decision for your own policy.

Average monthly premium for $250 deductibles: $82
Average monthly premium for $500 deductibles (subtract): – $72
Monthly savings from raising deductible: $10
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $10
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 25 months

The chart below shows how different deductible levels and can influence Nissan Xterra insurance costs for different age groups. The rate quotes are based on a married female driver, comprehensive and collision coverage, and no discounts are factored in.

Nissan Xterra insurance rates: Men versus women

The diagram below compares Nissan Xterra auto insurance rates for male and female drivers. The costs are based on no accidents or driving violations, full coverage, $250 deductibles, single status, and no discounts are applied.

Should you buy full coverage?

The chart below illustrates the comparison of Nissan Xterra insurance premiums with liability coverage only compared to full coverage. The price estimates are based on no violations or claims, $250 deductibles, marital status is single, and no discounts are factored in.

When to eliminate full coverage

There is no specific rule of when to drop comprehensive and collision coverage on your policy, but there is a general guideline you can use. If the yearly cost of full coverage is more than 10% of any settlement you would receive from your insurance company, then you may want to consider only buying liability coverage.

For example, let’s say your Nissan Xterra book value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $5,000 after you pay the deductible. If you are paying in excess of $500 annually to have full coverage, then you may want to consider only buying liability coverage.

There are some conditions where dropping full coverage is not a good plan. If you still owe money on your vehicle, you are required to maintain full coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should maintain full coverage.

Get cheaper Nissan Xterra insurance in Portland with discounts

Companies that sell car insurance don’t list every available discount in a way that’s easy to find, so the list below details some of the best known and also the more inconspicuous discounts that you can inquire about if you buy Portland car insurance online.Insurance discounts

As is typical with insurance, most credits do not apply to the entire cost. Some only apply to the price of certain insurance coverages like collision or personal injury protection. So when the math indicates all the discounts add up to a free policy, companies don’t profit that way.

The diagram below compares Nissan Xterra car insurance rates with and without discounts applied to the premium. The data assumes a female driver, no claims or driving citations, Oregon state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, multi-policy, homeowner, safe-driver, marriage, and claim-free discounts applied.

Car insurance companies that possibly offer many of the previously listed discounts are:

Before purchasing a policy, check with each insurance company to apply every possible discount. Some discounts listed above may not apply to policies in your state.

A little work can save a LOT of money

When buying insurance coverage, never skimp on coverage in order to save money. There are a lot of situations where an insured cut comprehensive coverage or liability limits and learned later that saving that couple of dollars actually costed them tens of thousands. Your goal is to buy the best coverage you can find for the lowest cost, not the least amount of coverage.

We just presented many ideas to save on Nissan Xterra insurance in Portland. The key concept to understand is the more price quotes you have, the better chance you’ll have of finding low cost Portland car insurance quotes. Consumers may even find the most savings is with a smaller regional carrier. These companies can often insure niche markets at a lower cost compared to the large companies like Progressive and GEICO.

Cheaper insurance in Portland is attainable online and from local insurance agents, and you need to comparison shop both in order to have the best chance of saving money. Some insurance companies do not provide online price quotes and usually these small insurance companies work with local independent agencies.

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