Would you like to stop overpaying and find more competitive Nissan Xterra insurance in Baltimore? Finding cheap Nissan Xterra insurance in Baltimore is nearly impossible for drivers who have little experience online comparison shopping. With dozens of online companies, it can quickly become hard work to compare rates on Nissan Xterra insurance.
A study showed that nearly 70% of drivers kept their coverage with the same insurance company for well over three years, and practically 40% of insurance customers have never quoted insurance rates at all. Baltimore consumers could save almost $750 a year, but they just feel it’s too hard to compare rate quotes.
Consumers need to take a look at other company’s rates before your policy renews because insurance prices are usually higher with each renewal. If you had the best deal on Nissan Xterra insurance in Baltimore a few years ago you will most likely find a better rate today. You can find a lot of misleading information regarding Xterra insurance online but we’re going to give you some excellent ideas to quit paying high insurance rates in Baltimore.
If you’re already insured, you will surely be able to find the best rates using the concepts covered in this article. Finding affordable car insurance policy in Baltimore is simple if you know the tricks. Although Maryland drivers do need to understand how the larger insurance companies determine what you pay and take advantage of how the system works.
Premium rates and analysis
The coverage information displayed next showcases detailed analysis of insurance policy prices for Nissan Xterra models. Being more informed about how insurance policy rates are determined can help you make smart choices when comparing insurance quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Xterra X 2WD | $238 | $346 | $390 | $24 | $116 | $1,114 | $93 |
| Xterra S 2WD | $238 | $346 | $390 | $24 | $116 | $1,114 | $93 |
| Xterra S 4WD | $238 | $346 | $390 | $24 | $116 | $1,114 | $93 |
| Xterra X 4WD | $238 | $346 | $390 | $24 | $116 | $1,114 | $93 |
| Xterra Off Road 4WD | $272 | $440 | $390 | $24 | $116 | $1,242 | $104 |
| Xterra SE 2WD | $272 | $440 | $390 | $24 | $116 | $1,242 | $104 |
| Xterra SE 4WD | $272 | $440 | $390 | $24 | $116 | $1,242 | $104 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Maryland minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Premium amounts do not factor in specific Baltimore garaging location which can affect rates substantially.
The illustration below shows how different deductible levels and can change Nissan Xterra yearly insurance costs for different ages of insureds. The information is based on a single female driver, comprehensive and collision coverage, and no other discounts are factored in.
Cost of full coverage in Baltimore
The illustration below shows the comparison of Nissan Xterra auto insurance costs with full physical damage coverage and with liability coverage only. The prices are based on no claims or driving violations, $250 deductibles, single status, and no additional discounts are factored in.
Are you wasting money paying for full coverage?
There is no definitive formula to exclude comprehensive and collision coverage on your policy, but there is a general convention. If the yearly cost of full coverage is more than about 10% of the settlement you would receive from your company, then it could be time to drop full coverage.
For example, let’s assume your Nissan Xterra book value is $8,000 and you have $1,000 policy deductibles. If your vehicle is totaled, you would only receive $7,000 after paying your deductible. If it’s costing you more than $700 a year for your policy with full coverage, then it might be time to buy liability only.
There are some conditions where eliminating full coverage is not a good idea. If you still owe money on your vehicle, you have to maintain full coverage in order to keep the loan. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should not opt for liability only.
Why You Might Pay Lower Rates in Baltimore
Many factors are taken into consideration when you get your auto insurance bill. Some are obvious such as your driving history, but other factors are not as apparent like your vehicle usage or how financially stable you are. Smart consumers have a good feel for some of the elements that help calculate the level of your policy premiums. If you understand what determines premiums, this enables informed choices that will entitle you to big savings.
The itemized list below are some of the most rate-impacting factors used by insurance companies to determine rates.
Don’t let your coverage lapse – Letting your insurance expire will be a fast way to pay more for car insurance. Not only will you pay more, the inability to provide proof of insurance can result in a license revocation or jail time. You will then be forced to submit proof of financial responsibility or a SR-22 with the Maryland motor vehicle department to get your license reinstated.
Employer stress can affect rates – Do you have a high-stress occupation? Jobs such as lawyers, social workers, and miners usually pay higher rates than average attributed to high stress levels and extremely grueling work hours. On the flip side, professions such as scientists, engineers and the unemployed have the lowest average rates.
Lower premiums for safer vehicles – Vehicles with high crash test scores cost less to insure. Vehicles built for safety result in less severe injuries and any reduction in injury severity means lower claim amounts and lower rates for you. If your Nissan Xterra is rated at a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
Save money by raising coverage deductibles – Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your Nissan. A few examples of covered claims could be a broken side mirror, hail damage, and damage from a fallen tree branch. Comprehensive and collision coverage deductibles are how much you are required to spend if the claim is covered. The more money you are required to pay out-of-pocket, the better rate you will receive.
Incidental coverages could be costing you – Insurance policies have a lot of additional coverages that can add up on your car insurance policy. Insurance for things like replacement cost coverage, high-cost glass coverage, and motor club memberships may be costing you every month. They may seem good at first, but if you don’t need them eliminate them to save money.
Insurance losses for a Nissan Xterra – Companies analyze historical claim data to calculate a price that offsets possible losses. Vehicles that the data shows to have increased losses will cost more for coverage. The table below outlines the compiled insurance loss statistics for Nissan Xterra vehicles.
For each policy coverage, the claim probability for all vehicles, regardless of manufacturer or model, is set at 100. Numbers below 100 indicate a favorable loss history, while values over 100 point to more claims or statistically larger claims.
| 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
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Compare rates regularly to save
People change insurance companies for a number of reasons such as delays in responding to claim requests, not issuing a premium refund, high rates after DUI convictions or even unfair underwriting practices. It doesn’t matter why you want to switch finding a great new company can be less work than you think.
You just learned some good ideas how to save on Nissan Xterra insurance in Baltimore. The most important thing to understand is the more providers you compare, the higher your chance of finding affordable Nissan Xterra insurance quotes. You may even find the biggest savings come from a company that doesn’t do a lot of advertising.
When buying insurance coverage, it’s not a good idea to skimp on coverage in order to save money. There are too many instances where someone sacrificed liability coverage limits and learned later they didn’t have enough coverage. The ultimate goal is to buy the best coverage you can find at the best price, but do not skimp to save money.
How to find low-cost rates for Nissan Xterra insurance in Baltimore
It takes a little time, but the best way to get affordable Nissan Xterra insurance in Baltimore is to compare quotes once a year from different companies who sell auto insurance in Maryland.
- Step 1: Try to comprehend policy coverages and the things you can change to lower rates. Many risk factors that are responsible for high rates like at-fault accidents, careless driving, and an imperfect credit history can be amended by improving your driving habits or financial responsibility.
- Step 2: Get rate quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can only quote rates from one company like Progressive or Allstate, while independent agents can give you price quotes for a wide range of insurance providers.
- Step 3: Compare the quotes to your existing rates and determine if there is any savings. If you can save some money and make a switch, ensure there is no coverage lapse between policies.
- Step 4: Tell your current company of your intent to cancel your existing policy and submit the completed application along with a down payment to the new company. When you receive it, put the new certificate of insurance in an easily accessible location in your vehicle.
A tip to remember is to compare similar limits and deductibles on every quote request and and to compare every insurance company. This provides an apples-to-apples comparison and a thorough selection of prices.
Additional information
- If I File a Claim will My Insurance Go Up? (Insurance Information Institute)
- Who Has the Cheapest Baltimore Auto Insurance Quotes for a Toyota Tacoma? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for Government Employees in Baltimore? (FAQ)
- Who Has Cheap Baltimore Car Insurance Rates for 19 Year Olds? (FAQ)
- How Much is Car Insurance for Unemployed Drivers in Baltimore? (FAQ)
- Uninsured Motorists: Threats on the Road (Insurance Information Institute)
- Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)