Are you doing reasearch to find low-cost Nissan Altima insurance in Milwaukee? Are you at wits end from trying to scrape together enough money to pay high insurance rates every month? Your situation is no different than millions of other drivers.
Unthinkable but true, nearly 70% of customers have remained with the same insurance company for a minimum of four years, and almost 40% of drivers have never shopped around. American insurance shoppers could save themselves roughly $859 a year just by getting comparison quotes, but most tend to underestimate the benefits if they replace their high priced policy. There are many auto insurance companies to insure vehicles with, and although it’s nice to have multiple companies, it can be more challenging to find the best rates for your vehicles.
You need to get comparison quotes at least once a year because insurance prices change quite often. Even if you think you had the best deal on Nissan Altima insurance in Milwaukee a couple years back you can probably find a better rate quote now. There are a lot of ways to save on Altima insurance online but in a few minutes you can learn some guaranteed methods to lower your insurance bill.
Best companies for Nissan Altima insurance
The companies shown below are ready to provide free rate quotes in Milwaukee, WI. If multiple providers are shown, we suggest you click on several of them in order to find the lowest rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Altima 2.5 4-Dr Sedan | $172 | $294 | $234 | $14 | $70 | $784 | $65 |
| Altima 2.5 S 4-Dr Sedan | $140 | $278 | $234 | $14 | $70 | $736 | $61 |
| Altima Hybrid 4-Dr Sedan | $160 | $328 | $278 | $16 | $84 | $866 | $72 |
| Altima 2.5 S 2-Dr Coupe | $192 | $398 | $338 | $20 | $102 | $1,050 | $88 |
| Altima 3.5 SR 4-Dr Sedan | $140 | $278 | $242 | $14 | $72 | $746 | $62 |
| Altima 3.5 SR 2-Dr Coupe | $118 | $288 | $338 | $20 | $102 | $866 | $72 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Wisconsin minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, safe-driver, and claim-free. Price estimates do not factor in your specific Milwaukee location which can revise premiums considerably.
Physical damage deductible comparison
One of the hardest decisions when shopping for car insurance is how low should you set your deductibles. The premium rates below sum up the rate fluctuation when you choose different coverage deductibles. The first table uses a $100 physical damage coverage deductible and the second price table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Altima 2.5 4-Dr Sedan | $198 | $358 | $230 | $14 | $68 | $893 | $74 |
| Altima 2.5 S 4-Dr Sedan | $198 | $422 | $230 | $14 | $68 | $957 | $80 |
| Altima Hybrid 4-Dr Sedan | $224 | $422 | $230 | $14 | $68 | $983 | $82 |
| Altima 2.5 S 2-Dr Coupe | $224 | $422 | $260 | $16 | $78 | $1,025 | $85 |
| Altima 3.5 SR 4-Dr Sedan | $224 | $422 | $230 | $14 | $68 | $983 | $82 |
| Altima 3.5 SR 2-Dr Coupe | $224 | $484 | $260 | $16 | $78 | $1,087 | $91 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Altima 2.5 4-Dr Sedan | $110 | $188 | $230 | $14 | $68 | $610 | $51 |
| Altima 2.5 S 4-Dr Sedan | $110 | $222 | $230 | $14 | $68 | $644 | $54 |
| Altima Hybrid 4-Dr Sedan | $124 | $222 | $230 | $14 | $68 | $658 | $55 |
| Altima 2.5 S 2-Dr Coupe | $124 | $222 | $260 | $16 | $78 | $700 | $58 |
| Altima 3.5 SR 4-Dr Sedan | $124 | $222 | $230 | $14 | $68 | $658 | $55 |
| Altima 3.5 SR 2-Dr Coupe | $124 | $256 | $260 | $16 | $78 | $734 | $61 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Wisconsin minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Price information does not factor in vehicle garaging location which can increase or decrease premiums considerably.
Based on this data, we can arrive at the conclusion that using a $100 deductible will cost you approximately $26 more each month or $312 each year than choosing the higher $1,000 deductible. Because you would be required to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you normally go more than 35 months between claim filings, you would save more money if you choose a higher deductible.
How to determine if raising deductibles makes sense
| Average monthly premium for $100 deductibles: | $82 |
| Average monthly premium for $1,000 deductibles (subtract): | – $56 |
| Monthly savings from raising deductible: | $26 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $26 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 35 months |
One thing to note is that increasing deductibles to save money results in more money out-of-pocket when you file a claim. You need to have some funds available in the event you have to pay more for the deductible.
Car insurance rates based on gender
The illustration below shows the difference between Nissan Altima auto insurance costs for male and female drivers. The premiums assume no violations or accidents, full coverage, $500 deductibles, drivers are single, and no discounts are taken into consideration.
Save with these eight discounts
Car insurance is not cheap, but there could be significant discounts that you may not even know about. Some discounts will apply at the time you complete a quote, but some may not be applied and must be requested specifically prior to receiving the credit. If you’re not getting every credit possible, it’s possible you qualify for a lower rate.
- Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to use their safety belts may be able to save a few bucks off the PIP or medical payment premium.
- Full Payment Discount – If paying your policy premium upfront rather than spreading payments over time you could save up to 5%.
- Discounts for Safe Drivers – Drivers who don’t get into accidents can pay as much as 50% less than their less cautious counterparts.
- Air Bags and Passive Restraints – Vehicles equipped with air bags and/or automatic seat belt systems can receive discounts of up to 25% or more.
- E-sign Discounts – Certain insurance companies will discount your bill up to fifty bucks for signing up online.
- Military Rewards – Being deployed with a military unit could trigger a small discount.
- Discount for Swiching Early – Select insurance companies give a discount for switching to them prior to the expiration date on your current Altima insurance policy. This discount can save up to 10%.
- Federal Government Employee – Being employed by or retired from a federal job could cut as much as 10% off with certain companies.
One last thing about discounts, most of the big mark downs will not be given to the whole policy. A few only apply to the cost of specific coverages such as liability and collision coverage. Just because you may think it’s possible to get free car insurance, it’s just not the way it works.
Larger insurance companies and a selection of discounts are:
- Progressive has discounts for online quote discount, homeowner, good student, multi-policy, continuous coverage, online signing, and multi-vehicle.
- GEICO may include discounts for membership and employees, good student, driver training, five-year accident-free, multi-policy, and anti-lock brakes.
- State Farm policyholders can earn discounts including anti-theft, driver’s education, good driver, multiple autos, accident-free, and passive restraint.
- Esurance discounts include online shopper, DriveSense, defensive driver, emergency road assistance, online quote, claim free, and anti-lock brakes.
- The Hartford offers discounts including driver training, vehicle fuel type, defensive driver, anti-theft, air bag, good student, and bundle.
When getting a coverage quote, ask all companies you are considering what discounts are available to you. Some discounts may not apply to policies in your state. If you would like to view insurance companies with the best Nissan Altima insurance discounts in Wisconsin, click here.
Get rate quotes but buy from a local neighborhood Milwaukee car insurance agent
Certain consumers still like to get professional advice from a licensed agent and that is a smart decision Professional agents are very good at helping people manage risk and help in the event of a claim. A good thing about price shopping on the web is that you can find lower prices and still have an agent to talk to.
To help locate an agent, after submitting this simple form, the quote information gets sent to local insurance agents who will gladly provide quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to leave your computer since rate quotes are delivered to you. If you have a need to get a price quote from a particular provider, you would need to visit that company’s website to submit a rate quote request.
Deciding on an insurance company shouldn’t rely on just a cheap quote. Before buying a policy in Milwaukee, get answers to these questions.
- Can they help ensure a fair claim settlement?
- Are there any hidden costs in their price quote and does it include driving and credit history?
- Has the agent ever had any license suspensions?
- How often do they review coverages?
- What insurance companies do they recommend if they are an independent agent?
- Are claim adjusters local or do you have to take your car somewhere else?
- Do you have coverage for a rental car if your vehicle is in the repair shop?
Tailor your insurance coverage to you
Keep in mind that when it comes to choosing the best insurance coverage for your personal vehicles, there really is no best way to insure your cars. Each situation is unique and your insurance should unique, too.
These are some specific questions can help discover if your situation would benefit from professional advice.
- How much will a speeding ticket raise my rates?
- How can I force my company to pay a claim?
- Do they offer discounts for home and auto coverage?
- Do I have newly-aquired coverage?
- Does medical payments coverage apply to all occupants?
- What is an adequate liability insurance limit?
- Is other people’s property covered if stolen from my vehicle?
- Do I need PIP (personal injury protection) coverage in Wisconsin?
- Does car insurance cover theft of personal property?
If you don’t know the answers to these questions, you may need to chat with a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and can provide invaluable advice.
Car insurance 101
Knowing the specifics of auto insurance can be of help when determining which coverages you need and proper limits and deductibles. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording. Listed below are the normal coverages found on the average auto insurance policy.
Uninsured Motorist or Underinsured Motorist insurance
Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Nissan Altima.
Because many people only carry the minimum required liability limits (25/50/10 in Wisconsin), it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked.
Auto liability insurance
Liability coverage provides protection from injuries or damage you cause to other people or property in an accident. This insurance protects YOU from claims by other people. It does not cover damage to your own property or vehicle.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 25/50/10 which stand for $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $10,000.
Liability can pay for things such as court costs, pain and suffering, loss of income, repair costs for stationary objects and repair bills for other people’s vehicles. How much liability coverage do you need? That is up to you, but buy as large an amount as possible. Wisconsin state minimum liability requirements are 25/50/10 but it’s recommended drivers buy higher limits.
Coverage for collisions
Collision insurance covers damage to your Altima resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage protects against claims like crashing into a building, backing into a parked car and colliding with a tree. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to choose a higher deductible on your Altima in order to get cheaper collision rates.
Insurance for medical payments
Coverage for medical payments and/or PIP pay for bills for things like funeral costs, doctor visits, nursing services, ambulance fees and surgery. They are used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible
Comprehensive coverage (or Other than Collision)
Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive coverage pays for claims like a tree branch falling on your vehicle, vandalism, fire damage and damage from a tornado or hurricane. The most your auto insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Quote more and you will save more
Affordable Nissan Altima insurance in Milwaukee is definitely available online in addition to many Milwaukee insurance agents, and you should compare rates from both in order to have the best chance of saving money. A few companies may not have the ability to get a quote online and most of the time these regional carriers only sell through independent insurance agents.
We just covered some good ideas how you can save on Nissan Altima insurance in Milwaukee. The key concept to understand is the more quotes you get, the higher the chance of saving money. You may even find the most savings is with a lesser-known regional company. Some small companies may cover specific market segments cheaper compared to the large companies like State Farm, GEICO and Nationwide.
As you go through the steps to switch your coverage, it’s very important that you do not skimp on critical coverages to save a buck or two. In many instances, an accident victim reduced physical damage coverage only to discover later that it was a big mistake. The aim is to buy the best coverage you can find at the best price, but don’t skip important coverages to save money.
To read more, feel free to browse the following helpful articles:
- Reducing Your Risks in a Car Crash Video (iihs.org)
- Who Has Cheap Milwaukee Auto Insurance for a Subaru Outback? (FAQ)
- Who Has Cheap Milwaukee Auto Insurance Rates for Teenage Males? (FAQ)
- Hybrid vehicles cost insurers more (Insurance Institute for Highway Safety)
- Auto Insurance Facts and Statistics (Insurance Information Institute)
- Understanding Limits and Deductibles (Allstate)
- What to do at the Scene of an Accident (Insurance Information Institute)