Comparing and finding cheap rates for Nissan Versa insurance in Philadelphia may be quite difficult for drivers not familiar with quoting and comparing prices online. With so many insurance agents and insurers to choose from, it can be a burden to find better prices on Nissan Versa insurance.
Amazingly, a recent NerdWallet.com study showed that a large majority of drivers have remained with the same car insurance company for well over three years, and virtually 40% of consumers have never quoted car insurance rates at all. Drivers in Philadelphia could save approximately $686 every year just by comparing rates, but most tend to underestimate how much money they would save if they just switched companies.
Smart consumers take time to compare prices quite often because prices trend upward over time. Even if you got the best deal on Nissan Versa insurance in Philadelphia six months ago you can probably find a better rate now. Don’t believe everything you read about Versa insurance out there, but I’m going to show you some great ideas on how to slash your car insurance rates in Philadelphia.
Finding and buying affordable policy in Philadelphia is simple if you know the tricks. Basically, every car owner who is required by state law to have auto insurance will be able to find lower rates. Although Pennsylvania vehicle owners should learn how big insurance companies price insurance differently because rates fluctuate considerably.
Car insurance providers offering affordable rates in Pennsylvania
The providers in the list below can provide price quotes in Pennsylvania. If more than one company is shown, it’s highly recommended you visit as many as you can to find the cheapest car insurance rates.
Insurance statistics for a Nissan Versa
The information displayed below showcases detailed analysis of insurance premium costs for Nissan Versa models. Learning how auto insurance premiums are determined is important to be able to make decisions when shopping around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Versa 1.6 SEDAN | $210 | $420 | $330 | $20 | $98 | $1,078 | $90 |
| Versa 1.8 S Hatchback | $246 | $602 | $330 | $20 | $98 | $1,296 | $108 |
| Versa 1.8 S SEDAN | $246 | $602 | $330 | $20 | $98 | $1,296 | $108 |
| Versa 1.8 SL Hatchback | $284 | $694 | $330 | $20 | $98 | $1,426 | $119 |
| Versa 1.8 SL SEDAN | $284 | $694 | $330 | $20 | $98 | $1,426 | $119 |
| Get Your Own Customized Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Pennsylvania minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Table data does not factor in specific location which can raise or lower price quotes noticeably.
How high should deductibles be?
When comparing insurance rates, the most common question is how high or low should comp and collision deductibles be. The comparisons below may help to conceptualize the differences in premium rates when you select higher and lower policy deductibles. The first set of rates uses a $250 physical damage deductible and the second price grid uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Versa 1.6 SEDAN | $188 | $352 | $330 | $20 | $98 | $1,013 | $84 |
| Versa 1.8 S Hatchback | $222 | $506 | $330 | $20 | $98 | $1,201 | $100 |
| Versa 1.8 S SEDAN | $222 | $506 | $330 | $20 | $98 | $1,201 | $100 |
| Versa 1.8 SL Hatchback | $254 | $582 | $330 | $20 | $98 | $1,309 | $109 |
| Versa 1.8 SL SEDAN | $254 | $582 | $330 | $20 | $98 | $1,309 | $109 |
| Get Your Own Customized Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Versa 1.6 SEDAN | $116 | $222 | $330 | $20 | $98 | $786 | $66 |
| Versa 1.8 S Hatchback | $136 | $318 | $330 | $20 | $98 | $902 | $75 |
| Versa 1.8 S SEDAN | $136 | $318 | $330 | $20 | $98 | $902 | $75 |
| Versa 1.8 SL Hatchback | $158 | $366 | $330 | $20 | $98 | $972 | $81 |
| Versa 1.8 SL SEDAN | $158 | $366 | $330 | $20 | $98 | $972 | $81 |
| Get Your Own Customized Quote Go | |||||||
Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Price information does not factor in garaging location in Philadelphia which can change coverage rates substantially.
Based on this data, we can arrive at the conclusion that using a $250 deductible costs roughly $24 more each month or $288 each year than quoting the higher $1,000 deductible. Because you would pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to go at least 31 months between claim filings, you would probably be better off if you opt for a higher deductible.
Drive responsibly or pay higher rates
The chart below illustrates how speeding tickets and at-fault accidents impact Nissan Versa annual premium costs for different insured age categories. The information is based on a married female driver, full physical damage coverage, $250 deductibles, and no additional discounts are factored in.
Car insurance quotes and discounts
Companies that sell car insurance don’t always list all available discounts in an easy-to-find place, so we took the time to find some of the more common and also the more inconspicuous car insurance savings.
- Home Ownership Discount – Being a homeowner can save a few bucks due to the fact that maintaining a home demonstrates responsibility.
- Government Employee Discount – Being employed by or retired from a federal job can save as much as 8% depending on your company.
- Switch and Save Discount – A few larger companies offer discounts for renewing your policy prior to the expiration date on your current Versa insurance policy. It’s a savings of about 10%.
- Drivers Education – Require your teen driver to take driver’s ed class if it’s offered in school.
- Early Payment Discounts – By paying your policy upfront instead of monthly or quarterly installments you can actually save on your bill.
- Braking Control Discount – Cars, trucks, and SUVs with ABS and/or traction control have fewer accidents and qualify for as much as a 10% discount.
- Multi-car Discount – Buying a policy with multiple vehicles with the same company can reduce the rates for all insured vehicles.
- Good Grades Discount – Performing well in school can save 20 to 25%. The good student discount can last up until you turn 25.
- Bundled Policy Discount – If you can bundle your auto and homeowners insurance with the same insurance company you may save up to 20% off your total Versa insurance premium.
Drivers should understand that some credits don’t apply to the whole policy. The majority will only reduce individual premiums such as physical damage coverage or medical payments. So despite the fact that it appears you would end up receiving a 100% discount, you won’t be that lucky.
The example below shows the difference between Nissan Versa yearly insurance costs with and without discounts applied to the policy rates. The costs are based on a male driver, no violations or accidents, Pennsylvania state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, homeowner, safe-driver, claim-free, and multi-car discounts applied.
A few companies that possibly offer most of the discounts above include:
When comparing rates, check with each insurance company which discounts you may be entitled to. Savings might not apply in your state.
Buying from insurance agents
Many drivers prefer to sit down and talk to an agent and that is a smart decision The biggest benefit of getting free rate quotes online is the fact that you can find cheap rate quotes but also keep your business local. And supporting local agents is still important in Philadelphia.
After filling out this form (opens in new window), the quote information is transmitted to local insurance agents in Philadelphia that provide free Philadelphia auto insurance quotes for your coverage. You won’t even need to find an agent due to the fact that quote results will go straight to your inbox. It’s the lowest rates and a licensed agent to talk to. If for some reason you want to get a comparison quote from one company in particular, you would need to navigate to their website and complete a quote there.
What type of Philadelphia auto insurance agent is right for you?
When finding a reputable agency, you must know there are a couple types of agencies that differ in how they can insure your vehicles. Car insurance policy providers are considered either independent or exclusive.
Independent Agents
Agents that choose to be independent are not restricted to one company so they can quote policies through many companies and possibly get better coverage at lower prices. If they find a lower price, the agent simply finds a different carrier and that require little work on your part. When searching for an agent, we recommend you get quotes from a couple of independent agencies so that you have a good selection of quotes to compare. Many can place coverage with different regional companies who may have lower rates.
Listed below is a list of independent insurance agents in Philadelphia that may be able to provide price quotes.
- Eckroth Insurance Group LLC
521 N 22nd St – Philadelphia, PA 19130 – (215) 232-0200 – View Map - Nationwide Insurance: Ferullo Insurance Agencies LLC
1636 S Front St – Philadelphia, PA 19148 – (215) 468-4116 – View Map - Martin Insurance
5700 Delancey St – Philadelphia, PA 19143 – (215) 471-6860 – View Map
Exclusive Insurance Agencies
Exclusive agencies can usually just insure with one company like State Farm, Allstate and AAA. Exclusive agencies are unable to shop your coverage around so they really need to provide good service. Exclusive insurance agents are usually quite knowledgeable on sales techniques which aids in selling service over price. Some insured continue to buy from exclusive agents partially due to the prominence of the brand and the convenience of having all coverages with one company.
Listed below are Philadelphia exclusive agents who can help you get comparison quotes.
- Vince Ovecka – State Farm Insurance Agent
456 E Girard Ave – Philadelphia, PA 19125 – (215) 739-0800 – View Map - Brian Madalion – State Farm Insurance Agent
7208 Ogontz Ave – Philadelphia, PA 19138 – (215) 549-4900 – View Map - State Farm: Brian Cover
7005 Bustleton Ave – Philadelphia, PA 19149 – (215) 332-9000 – View Map
Choosing the best auto insurance agent requires more thought than just the premium amount. Below are some questions you should ask.
- Do you work with a CSR or direct with the agent?
- What insurance companies do they work with in Philadelphia?
- Which members of your family are coverage by the policy?
- What is the financial rating for the quoted company?
- How long have they worked with personal auto insurance coverage?
- Is their price quote a firm figure or are their hidden costs?
- Do they have a Better Business Bureau rating in Philadelphia?
If you receive reasonable responses to these questions in addition to an acceptable price estimate, you have narrowed it down to a car insurance agent that meets your needs to provide car insurance coverage. But keep in mind you are entitled to cancel your policy whenever you want so don’t feel that you are obligated to the car insurance policy indefinitely.
Insurance policy specifics
Having a good grasp of a insurance policy can help you determine which coverages you need at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.
Comprehensive coverages
This covers damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims such as fire damage, theft, damage from a tornado or hurricane, hitting a bird and falling objects. The highest amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Collision coverage protection
Collision coverage pays to fix your vehicle from damage resulting from a collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.
Collision insurance covers claims such as hitting a parking meter, damaging your car on a curb and crashing into a ditch. Collision is rather expensive coverage, so consider dropping it from older vehicles. It’s also possible to choose a higher deductible on your Versa to save money on collision insurance.
Auto liability insurance
This coverage can cover damage that occurs to people or other property. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 15/30/5 that means you have a $15,000 limit per person for injuries, a limit of $30,000 in injury protection per accident, and property damage coverage for $5,000. Occasionally you may see a combined limit that pays claims from the same limit rather than limiting it on a per person basis.
Liability insurance covers claims like pain and suffering, funeral expenses, legal defense fees and emergency aid. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford. Pennsylvania requires minimum liability limits of 15/30/5 but drivers should carry more liability than the minimum.
The illustration below demonstrates why the minimum limit may not be enough.
Coverage for medical payments
Coverage for medical payments and/or PIP reimburse you for immediate expenses like doctor visits, X-ray expenses and prosthetic devices. They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants as well as getting struck while a pedestrian. PIP coverage is not an option in every state and may carry a deductible
Uninsured and underinsured coverage
Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Nissan Versa.
Because many people only purchase the least amount of liability that is required (15/30/5 in Pennsylvania), it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually the UM/UIM limits are identical to your policy’s liability coverage.
Smart shoppers get results
As you go through the steps to switch your coverage, it’s not a good idea to skimp on critical coverages to save a buck or two. Too many times, consumers will sacrifice collision coverage and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. Your focus should be to buy enough coverage at a price you can afford while still protecting your assets.
Drivers switch companies for a variety of reasons including delays in paying claims, being labeled a high risk driver, extreme rates for teen drivers and not issuing a premium refund. No matter why you want to switch, finding the right car insurance provider can be easy and end up saving you some money.
In this article, we presented some good ideas how to shop for Nissan Versa insurance online. The key thing to remember is the more providers you compare, the higher your chance of finding affordable Philadelphia auto insurance quotes. Drivers may even discover the biggest savings come from the least-expected company.
For more information, take a look at the resources below:
- When is the Right Time to Switch Car Insurance Companies? (Allstate)
- Who Has the Cheapest Philadelphia Auto Insurance Rates for Ride Shares? (FAQ)
- What Car Insurance is Cheapest for Immigrants in Philadelphia? (FAQ)
- How Much are Auto Insurance Rates for a Toyota Camry in Philadelphia? (FAQ)
- How Much are Auto Insurance Quotes for a 20 Year Old Female in Philadelphia? (FAQ)
- Teen Driver Licensing Information (iihs.org)
- Can I Drive Legally without Insurance? (Insurance Information Institute)
- Rental Reimbursement Coverage (Allstate)