Buying competitive auto insurance for a Nissan Versa is fairly simple, but it relies on many factors such as how far you commute, if you have a tendency to file claims, and driving violations and tickets. Drivers pay on average $1,166 per year for Versa insurance, but that is based on a 40-year-old married female driver with both comprehensive and collision coverage and $500 deductibles.
When making auto insurance estimates, the issue arises that you are not 40 years old and maybe not even female, single instead of married, and maybe your Versa is older and does not require full coverage. Just a slight change in the factors used in pricing a policy could end up with a large change in the cost of insuring your Versa.
This illustrates why the way we recommend to find cheap auto insurance rates for your Nissan is to compare as many rates as possible.
Your Nissan’s trim level will likely have an effect on the insurance rate, so the price to insure a Versa 1.6 SEDAN trim level will be $308 lower than the price to insure the more well-appointed Versa 1.8 SL SEDAN trim level, as shown in the table below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Versa 1.6 SEDAN||$180||$380||$470||$28||$140||$1,198||$100|
|Versa 1.8 S Hatchback||$212||$544||$470||$28||$140||$1,394||$116|
|Versa 1.8 S SEDAN||$212||$544||$470||$28||$140||$1,394||$116|
|Versa 1.8 SL Hatchback||$242||$626||$470||$28||$140||$1,506||$126|
|Versa 1.8 SL SEDAN||$242||$626||$470||$28||$140||$1,506||$126|
|Get Your Own Custom Quote Go|
Premium data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Oklahoma minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Price estimates do not factor in zip code location which can decrease or increase premium rates significantly.
Determining which companies quote the lowest-priced insurance rates for a Nissan Versa calls for more time than just getting one or two price quotes. Each auto insurance company uses their own calculation for filing rates in each state, so we need to take a look at the most competitive insurance companies in Oklahoma.
It’s important to know that Oklahoma insurance rates are impacted by many factors that will increase or decrease the price of your policy. Simply having a birthday, buying a home instead of renting, or having an accident can trigger price changes that can make some companies cheaper than competitors.
Find the Best Cheap Insurance for Your Versa
|Rank||Company||Cost Per Year|
|2||Oklahoma Farmers Union||$1,154|
|11||OK Farm Bureau||$2,058|
|Find Your Rate Go|
USAA offers some of the lowest car insurance rates in Tulsa at around $1,150 per year. This is $817 less than the average premium paid by Oklahoma drivers of $1,967. Oklahoma Farmers Union, GEICO, The Hartford, and Safe Auto also make the cut as some of the most economical Tulsa, OK car insurance companies.
As shown in the table above, if you are currently insured with The Hartford and switched to Oklahoma Farmers Union, you could earn an annual premium reduction of about $219. Insureds with Safe Auto may save as much as $223 a year, and Farmers customers might realize rate reductions of up to $226 a year.
To find the cheapest coverage for you, click here to get quotes or visit any of the low-priced companies below.
It’s important to note that these premium estimates are averaged across all types of drivers and the different vehicles they drive and and are not calculated with a specific zip code for a Nissan Versa. So the auto insurance company that can offer you the best price may not even be in the top 17 companies shown above. That underscores the importance of why you need to quote rates from many companies using your own driver data and vehicle information.
Get discounts on Tulsa insurance
Auto insurance companies that offer quotes for a Nissan Versa may have special discounts that can lower rates by 40% or more if you meet certain criteria. A list of companies and some of their more popular discounts are shown below.
- Mercury Insurance includes discounts for good driver, age of vehicle, ease of repair, professional/association, multi-car, and good student.
- Farmers Insurance may have discounts that include bundle discounts, distant student, mature driver, teen driver, switch companies, pay in full, and good student.
- Farm Bureau offers premium reductions for multi-policy, youthful driver, good student, 55 and retired, and driver training.
- State Farm has savings for Drive Safe & Save, defensive driving training, multiple policy, accident-free, safe vehicle, multiple autos, and driver’s education.
- Allstate policyholders can earn discounts including anti-theft, premier plus, multi-policy, farm vehicle, and resident student.
- GEICO has discounts for military active duty, multi-vehicle, multi-policy, membership and employees, and air bags.
The example below visualizes the comparison of auto insurance rates with and without discounts applied to the rates. Data assumes a female driver, a clean driving record, no claims, Oklahoma state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with homeowner, vehicle safety, safe-driver, multiple policy, passive restraint, and marriage discounts applied. With discounts applied, the average amount saved each year on insurance for a Nissan Versa is 28% or $919.
Last year’s bargain might be this year’s rip off
Tulsa, OK insurance rates are influenced by many factors which can substantially decrease or increase the price you pay for coverage. Simply turning a year older, getting married, or getting a reckless driving citation can produce rate changes that can now make some companies cheaper than competitors. In addition to those changes, auto insurance companies modify pricing as often as every three months in order to offset underwriting gains or losses. Higher than usual claims may result in increased rates, while a better claims history can result in more affordable Versa insurance rates.
For instance, the chart below shows which companies have the cheapest car insurance in Tulsa, OK for a 30-year-old male driver with a clean driving record, no accidents, and solid credit. When comparing rates based on his current risk factors, USAA might offer the most affordable car insurance rates in Tulsa at $1,456 per year. This is $511 less than the average policy premium paid by Oklahoma drivers of $1,967. Oklahoma Farmers Union, The Hartford, Safe Auto, and GEICO are the rest of the cheapest Tulsa, OK auto insurance companies.
The example below compares rates after we give the driver from the first set of rates a chargeable accident, a little lower credit rating, and a blemish on his driving record. Since each auto insurance company uses their own formula for establishing rates, comparing insurance quotes could now result in a different ranking of the cheapest companies as shown below.
State Farm now has the best auto insurance rate in Tulsa, OK with Oklahoma Farmers Union, Liberty Mutual, The Hartford, and Travelers completing the list. This example illustrates why it is important to spend some time comparing rates to get the most economical car insurance rates for a Nissan Versa. Car insurance prices can be determined by many things and change dramatically, so the best price three years ago may now be quite expensive.