Finding affordable coverage for a Nissan Versa can be really easy, but it hinges on a lot of rating criteria such as how safe your vehicle is, if you have a tendency to file claims, and any prior driving offenses. Drivers will pay on average $859 annually for Versa insurance, but that figure is calculated using a 30-year-old single female driver with full coverage and $250 deductibles.
But there is a high likelihood that you aren’t exactly 30 years old or even a female, maybe you are married instead of single, and maybe you want higher deductibles. Just a minor difference in rating factors or requested coverage amount could result in a significant change in the cost of insuring your Versa.
This shows why the only way to find the most affordable coverage for your Nissan is to compare as many rates as possible.
Vehicle trim level tends to have a direct effect on the insurance rate, so the price to insure a Versa 1.6 SEDAN will be $250 less than the cost to insure the more costly Versa 1.8 SL SEDAN model, as shown in the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Versa 1.6 SEDAN||$146||$302||$310||$18||$92||$868||$72|
|Versa 1.8 S Hatchback||$172||$434||$310||$18||$92||$1,026||$86|
|Versa 1.8 S SEDAN||$172||$434||$310||$18||$92||$1,026||$86|
|Versa 1.8 SL Hatchback||$198||$500||$310||$18||$92||$1,118||$93|
|Versa 1.8 SL SEDAN||$198||$500||$310||$18||$92||$1,118||$93|
|Get Your Own Custom Quote Go|
Prices above based on single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Wisconsin minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Price estimates do not factor in garaging location in Milwaukee which can decrease or increase premiums noticeably.
Selecting the best auto insurance provider can be rather challenging considering how many companies there are in Wisconsin. The ranking data in the next section can help you select which auto insurers to look at when looking for cheaper rates. The rankings below include the largest companies in the United States, so smaller regional companies are not included in the list.
Top 10 Large Car Insurance Companies in Milwaukee Ranked by A.M. Best Rating
- USAA – A++
- Travelers – A++
- State Farm – A++
- GEICO – A++
- Nationwide – A+
- Esurance – A+
- The Hartford – A+
- Erie Insurance – A+
- Progressive – A+
- Allstate – A+
The example below shows how different deductible levels can affect annual premium costs when searching for cheap insurance for a Nissan Versa. Data assumes a married male driver, full physical damage coverage, and no additional discounts are factored in.
In the chart above, a 50-year-old driver could pocket $210 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $314 by switching to a $1,000 deductible. Even younger drivers, like the 20-year-old example, have the ability to save up to $710 or even more by selecting a higher deductible.
When choosing a higher deductible, it will now be necessary to have enough spare savings to enable you to pay the extra out-of-pocket expense that is associated with using high deductibles.
Discount Milwaukee car insurance
Car insurance companies that provide coverage for a Nissan Versa could also offer policy discounts that can lower rates by as much as 35% if you are eligible. Companies and a summarized list of policyholder discounts are:
- Progressive offers premium reductions for multi-policy, good student, homeowner, multi-vehicle, and online signing.
- AAA discounts include good driver, multi-policy, education and occupation, multi-car, pay-in-full, and good student.
- Farmers Insurance has savings for alternative fuel, pay in full, teen driver, multi-car, and mature driver.
- GEICO includes discounts for federal employee, emergency military deployment, defensive driver, membership and employees, multi-vehicle, anti-theft, and multi-policy.
- Esurance may offer discounts for renters, anti-theft, emergency road assistance, anti-lock brakes, Pac-12 alumni, good driver, and online quote.
- SAFECO has discounts for bundle discounts, accident prevention training, anti-lock brakes, anti-theft, homeowner, and teen safety rewards.
- State Farm may include discounts for multiple policy, Drive Safe & Save, anti-theft, multiple autos, student away at school, passive restraint, and good driver.
The diagram below visualizes the comparison of insurance premiums with and without discounts being applied to the rates. The price estimates are based on a male driver, no claims or violations, Wisconsin state minimum liability limits, full coverage, and $250 deductibles.
The first bar for each age group shows insurance cost with no discounts. The second shows the rates with anti-theft, multiple policy, passive restraint, marriage, vehicle safety, and multiple vehicle discounts applied. When drivers take advantage of discounts, the average savings per year on insurance for a Nissan Versa is 28% or $418.
How violations and accidents impact rates
A great way to find the cheapest insurance premiums in Milwaukee for a Versa is to drive attentively and maintain a clean driving record. The illustration below demonstrates how traffic citations and at-fault claims drive up car insurance rates for each different age category. The data is based on a single female driver, full coverage, $250 deductibles, and no discounts are applied.
The data in the chart shows the average cost of auto insurance in Milwaukee per year with no accidents and a clean driving record is $1,432. Get written up for two speeding tickets and the average cost increases to $1,923, an increase of $491 each year. Then add in one accident along with the two speeding tickets and the yearly cost of insurance for a Nissan Versa goes up to an average of $2,430. That’s an increase of $998, or $83 per month, just for not driving carefully!