Do you want to learn to get more affordable Nissan cube insurance in San Antonio? Comparison shopping for cheaper Nissan cube insurance in San Antonio is frustrating for drivers not familiar with quoting coverage rates online. With such a large number of companies competing online, it can easily be a real difficult job to find more affordable Nissan cube insurance rates.
A recent auto insurance study revealed that over 70% of consumers kept their coverage with the same auto insurance company for over three years, and 38% of drivers have never even compared quotes to find lower-cost rates. Consumers in Texas can save $1,800 each year just by shopping around, but they just assume it takes a lot of time to compare rates online.
Consumers need to shop coverage around periodically since rates are usually higher with each renewal. Just because you had the best premium rates on Nissan cube insurance in San Antonio last year other companies may now be cheaper. Block out anything you think you know about auto insurance because you’re going to learn one of the easiest ways to find lower rates on auto insurance.
How to Lower Your Insurance Prices
An important part of buying insurance is that you know some of the factors that play a part in calculating your premiums. If you have some idea of what determines premiums, this allows you to make good choices that may reward you with lower premium levels. Many things are used in the calculation when you get a price on insurance. Some are obvious like a motor vehicle report, but other criteria are not as apparent like where you live and annual miles driven.
Continuous coverage lowers prices – Going without insurance is a guaranteed way to drive up your policy premiums. And not only will insurance be more expensive, the inability to provide proof of insurance may earn you a hefty fine and possibly a revoked license. You may then be required to provide proof of insurance in the form of an SR-22 filing with the Texas department of motor vehicles.
Cheaper premiums using GPS tracking and theft deterrents – Selecting a car model with a theft deterrent system can help bring down rates. Advanced theft deterrents such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder auto theft.
Insurance rates for married couples – Walking down the aisle helps lower the price when shopping for insurance. Marriage may mean you are more mature it has been statistically shown that married drivers tend to file fewer claims.
Liability insurance risk factors – Liability coverage will protect you when you are responsible for an accident. Liability insurance provides you with a defense in court to defend your case. Liability is cheap compared to physical damage coverage, so drivers should make sure they buy enough to cover all assets.
Nissan cube detailed coverage information
The coverage information displayed below showcases different coverage prices for Nissan cube models. Having a good understanding how insurance prices are determined is important for you to make smart choices when purchasing an auto insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cube 2WD | $318 | $598 | $514 | $30 | $154 | $1,614 | $135 |
| Cube S 2WD | $364 | $598 | $514 | $30 | $154 | $1,660 | $138 |
| Cube SL 2WD | $364 | $728 | $514 | $30 | $154 | $1,790 | $149 |
| Cube Krom 2WD | $410 | $858 | $514 | $30 | $154 | $1,966 | $164 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Premium amounts do not factor in garaging location in San Antonio which can impact coverage rates noticeably.
Raise deductibles and save
One of the most common insurance questions is how low should you set your deductibles. The data tables below approximate the cost difference when you buy lower versus higher physical damage deductibles. The first rate comparisons uses a $250 deductible and the second data table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cube 2WD | $256 | $408 | $382 | $22 | $114 | $1,207 | $101 |
| Cube S 2WD | $294 | $408 | $382 | $22 | $114 | $1,245 | $104 |
| Cube SL 2WD | $294 | $496 | $382 | $22 | $114 | $1,333 | $111 |
| Cube Krom 2WD | $332 | $584 | $382 | $22 | $114 | $1,459 | $122 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cube 2WD | $158 | $256 | $382 | $22 | $114 | $932 | $78 |
| Cube S 2WD | $182 | $256 | $382 | $22 | $114 | $956 | $80 |
| Cube SL 2WD | $182 | $312 | $382 | $22 | $114 | $1,012 | $84 |
| Cube Krom 2WD | $206 | $368 | $382 | $22 | $114 | $1,092 | $91 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Rate quotes do not factor in vehicle location which can affect coverage prices noticeably.
Based on the figures above, using a $250 deductible costs about $27 more each month or $324 for a full year than choosing the higher $1,000 deductible. Since the policyholder would be required to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you normally average at a minimum 28 months between claim filings, you would come out ahead if you choose a higher deductible. Below is how you can do this calculation yourself.
| Average monthly premium for $250 deductibles: | $110 |
| Average monthly premium for $1,000 deductibles (subtract): | – $83 |
| Monthly savings from raising deductible: | $27 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $27 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 28 months |
One big caveat is that raising deductibles means you pay more out-of-pocket when you have a claim. You must have some extra funds in the event you need to pay the deductible for vehicle repair.
The diagram below shows how choosing a deductible and can impact Nissan cube insurance costs for each different age category. The costs are based on a married male driver, comp and collision included, and no additional discounts are factored in.
Annual premiums for males compared to females in San Antonio
The illustration below shows the difference between Nissan cube yearly insurance costs for male and female drivers. The rates are based on no claims or driving citations, comp and collision included, $250 deductibles, marital status is single, and no discounts are applied to the premium.
Full coverage versus liability-only in San Antonio
The chart below visualizes the comparison of Nissan cube yearly insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The data assumes a clean driving record, no at-fault accidents, $1,000 deductibles, single marital status, and no discounts are applied.
Should you buy full coverage or liability only?
There is no definitive guideline to drop full coverage, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is about 10% or more of any settlement you would receive from your insurance company, then you may want to consider only buying liability coverage.
For example, let’s assume your Nissan cube replacement value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, you would only receive $2,000 after the deductible is paid. If you are paying in excess of $200 annually for physical damage coverage, then it’s probably a good time to buy liability coverage only.
There are a few cases where dropping full coverage is not financially feasible. If you still owe a portion of the original loan, you are required to maintain full coverage to satisfy the loan requirements. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should not buy liability only.
Do you qualify for discounts on Nissan cube insurance in San Antonio?
Some companies don’t necessarily list every discount they offer in a way that’s easy to find, so below is a list a few of the more common as well as the least known credits available to bring down your rates.
- Own a Home – Owning a home in San Antonio can earn you a little savings since home ownership requires personal responsibility.
- First Accident Forgiveness – Not really a discount, but some companies like Progressive, Allstate, and Liberty Mutual may permit one accident without getting socked with a rate hike if you are claim-free for a particular time prior to the accident.
- Drive Safe and Save – Drivers who don’t get into accidents could pay up to 40% less than drivers with accident claims.
- Good Grades Discount – Being a good student could provide a savings of up to 20% or more. Earning this discount can benefit you up to age 25.
- Buy New and Save – Adding a new car to your policy can cost up to 25% less since new model year vehicles are generally safer.
You should keep in mind that most of the big mark downs will not be given to all coverage premiums. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. Just because you may think it’s possible to get free car insurance, company stockholders wouldn’t be very happy.
The information below illustrates the comparison of Nissan cube auto insurance costs with and without discounts applied to the policy premium. The rate quotes are based on a female driver, a clean driving record, no at-fault accidents, Texas state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-car, multi-policy, homeowner, claim-free, and safe-driver discounts applied.
A few of the larger companies and some of the premium reductions they offer are detailed below.
- Mercury Insurance may have discounts that include anti-theft, location of vehicle, low natural disaster claims, good driver, multi-car, multi-policy, and accident-free.
- Farmers Insurance has savings for mature driver, business and professional, early shopping, distant student, switch companies, youthful driver, and alternative fuel.
- Farm Bureau has discounts for renewal discount, driver training, multi-policy, multi-vehicle, 55 and retired, safe driver, and good student.
- State Farm offers discounts including good driver, passive restraint, good student, accident-free, anti-theft, and Steer Clear safe driver discount.
- Allstate offers premium reductions for 55 and retired, eSmart discount, early signing, good payer, anti-theft, utility vehicle, and passive restraint.
- GEICO may offer discounts for driver training, daytime running lights, anti-theft, federal employee, seat belt use, five-year accident-free, and good student.
Before you buy a policy, ask all companies you are considering which discounts you may be entitled to. Some discounts listed above might not apply in San Antonio. If you would like to choose from a list of insurance companies that offer multiple discounts in Texas, click here to view.
More comparisons equals cheap rates
Budget-conscious Nissan cube insurance can be bought on the web in addition to many San Antonio insurance agents, so you should be comparing quotes from both to have the best rate selection. Some insurance providers may not have rate quotes online and usually these regional carriers prefer to sell through independent agents.
As you go through the steps to switch your coverage, it’s a bad idea to buy less coverage just to save a little money. In many instances, someone sacrificed collision coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your objective should be to purchase a proper amount of coverage at the best price while still protecting your assets.
We just showed you a lot of information how to reduce Nissan cube insurance prices online in San Antonio. It’s most important to understand that the more quotes you get, the better your chances of lowering your rates. You may even be surprised to find that the lowest prices come from a smaller regional carrier.
More tips and info about insurance is located by following these links:
- Tools for Teen Driving Safety (State Farm)
- Who Has the Cheapest San Antonio Auto Insurance Quotes for Low Income Drivers? (FAQ)
- Who Has Cheap Car Insurance Rates for Handicapped Drivers in San Antonio? (FAQ)
- Shopping for a Safe Car (Insurance Information Institute)
- Safety Features for Your New Car (State Farm)
- Car Insurance for Teen Drivers with Divorced Parents (Allstate)