It’s an obvious assumption that car insurance companies don’t want you to look at other companies. Consumers who shop around will most likely switch car insurance companies because they have a good chance of finding a policy with more affordable rates. A recent survey revealed that people who routinely compared rates saved approximately $3,400 over four years compared to policyholders who didn’t regularly shop around.
If finding the cheapest price for auto insurance in Columbus is your ultimate objective, then understanding how to quote and compare car insurance can help simplify the task of finding more affordable coverage.
If you want to save the most money, the best way to find better pricing on car insurance rates in Columbus is to start doing a yearly price comparison from companies that sell auto insurance in Ohio. This can be done by following these guidelines.
Step 1: Try to learn about how companies price auto insurance and the changes you can make to prevent expensive coverage. Many policy risk factors that are responsible for high rates such as getting speeding tickets and poor credit can be rectified by making small lifestyle or driving habit changes.
Step 2: Obtain price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only quote rates from a single company like Progressive or Farmers Insurance, while agents who are independent can provide rate quotes from many different companies.
Step 3: Compare the quotes to the premium of your current policy to see if cheaper Armada coverage is available. If you find a better price and switch companies, make sure there is no lapse in coverage.
Step 4: Notify your current company of your decision to cancel your current coverage and submit a completed application and payment to the new insurer. As soon as you can, place the new certificate verifying coverage in a readily accessible location in your vehicle.
A good tip to remember is to try to compare identical limits and deductibles on every price quote and and to look at as many carriers as you can. This provides a fair price comparison and a complete selection of prices.
When price shopping your coverage, comparing a large number of companies increases your odds of finding the best price.
The providers in the list below provide price comparisons in Columbus, OH. If more than one company is shown, it’s a good idea that you visit as many as you can to get a more complete price comparison.
Insurance discounts help lower rates for Nissan Armada insurance in Columbus
Insurance is expensive, but there could be significant discounts that you may not even know about. Larger premium reductions will be automatically applied at the time of purchase, but lesser-known reductions have to be requested specifically before being credited.
- Military Rewards – Having a family member in the military could trigger a small discount.
- Save over 55 – Drivers that qualify as senior citizens could receive a discount up to 10%.
- Telematics Devices – Policyholders that allow their insurance company to monitor their driving habits by using a telematic data system like Allstate’s Drivewise might get better premium rates if they have good driving habits.
- Life Insurance – Larger insurance carriers have lower insurance rates if you buy life insurance.
- Accident Waiver – Not really a discount, but a handful of insurance companies will allow you to have one accident without the usual rate increase so long as you are claim-free before the accident.
- Membership in Organizations – Affiliation with certain professional organizations may earn a discount on your next insurance statement.
- Driver Safety – Participating in a course teaching driver safety skills can save you 5% or more and easily recoup the cost of the course.
- Bundle and Save – When you combine your home and auto insurance and place coverage with the same company you could get a discount of as much as 10 to 15 percent.
- Multi-car Discount – Having more than one vehicle with one company qualifies for this discount.
- No Claim Discounts – Insureds who avoid accidents and claims get the best insurance rates when compared with policyholders that have many claims.
A little disclaimer on discounts, most of the big mark downs will not be given to the entire cost. Most cut the price of certain insurance coverages like comprehensive or collision. Despite the appearance that all the discounts add up to a free policy, it just doesn’t work that way.
The information below shows the difference between Nissan Armada car insurance rates with and without discounts being applied to the rates. The rates are based on a female driver, a clean driving record, no claims, Ohio state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, homeowner, claim-free, multi-policy, and marriage discounts applied.
Companies and some of the premium reductions they offer can be read below.
- 21st Century offers premium reductions for student driver, early bird, automatic seat belts, homeowners, anti-lock brakes, and theft prevention.
- Progressive discounts include homeowner, online quote discount, multi-vehicle, online signing, and continuous coverage.
- State Farm offers discounts for anti-theft, accident-free, good driver, driver’s education, and safe vehicle.
- Nationwide has discounts for accident-free, good student, multi-policy, business or organization, defensive driving, and anti-theft.
- Esurance policyholders can earn discounts including multi-policy, good driver, multi-car, emergency road assistance, homeowner, and online quote.
- The Hartford includes discounts for driver training, defensive driver, anti-theft, good student, air bag, and vehicle fuel type.
When getting a coverage quote, ask all the companies which discounts you may be entitled to. All car insurance discounts may not be available in Columbus.
The premium information displayed next covers a range of prices for Nissan Armada models. Being able to understand how insurance premiums are calculated can assist in making informed decisions when comparing rate quotes.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Armada SE 2WD||$216||$406||$234||$14||$70||$940||$78|
|Armada SE 4WD||$216||$478||$234||$14||$70||$1,012||$84|
|Armada Titanium 2WD||$216||$478||$234||$14||$70||$1,012||$84|
|Armada Titanium 4WD||$216||$478||$234||$14||$70||$1,012||$84|
|Armada Platinum 2WD||$216||$478||$234||$14||$70||$1,012||$84|
|Armada Platinum 4WD||$240||$478||$234||$14||$70||$1,036||$86|
|Get Your Own Custom Quote Go|
Table data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Price estimates do not factor in garaging location in Columbus which can impact insurance rates greatly.
The illustration below illustrates how choosing a deductible and can influence Nissan Armada insurance prices for each age group. The prices are based on a single male driver, full coverage, and no discounts are taken into consideration.
Impact of citations and accidents on Columbus insurance rates
The diagram below shows how traffic citations and at-fault claims can increase Nissan Armada insurance costs for each different age category. The data is based on a married female driver, full coverage, $1,000 deductibles, and no additional discounts are factored in.
Gender-based insurance premiums
The example below compares Nissan Armada car insurance rates for male and female drivers. The premiums assume no claims or driving violations, comprehensive and collision coverage, $1,000 deductibles, single marital status, and no discounts are applied.
Liability only or full coverage
The example below compares Nissan Armada annual premium costs when comparing full coverage to state minimum liability only. The costs are based on a clean driving record, no at-fault accidents, $100 deductibles, single marital status, and no policy discounts are applied.
When to drop comprehensive and collision
There is no clear-cut rule that works best for making the decision to drop physical damage coverage on your policy, but there is a guideline you can consider. If the annual cost of coverage is more than around 10% of the replacement cost minus the deductible, then it may be the right time to buy liability only.
For example, let’s say your Nissan Armada claim settlement value is $6,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most your company will settle for is $5,000 after the policy deductible has been paid. If you are paying in excess of $500 annually to have full coverage, then you might want to consider buying only liability coverage.
There are some cases where dropping full coverage is not a good plan. If you still have a lienholder on your title, you must maintain physical damage coverage in order to keep the loan. Also, if you can’t afford to buy a different vehicle in case of an accident, you should not opt for liability only.
Smart Choices Result in Lower Insurance Costs
When buying auto insurance it’s important to understand a few of the rating criteria that come into play when calculating your auto insurance rates. When you understand what positively or negatively impacts your premiums, this allows you to make good choices that may reward you with lower rates. Multiple criteria are part of the calculation when you get a price on insurance. A few of the factors are predictable such as your driving history, but some are more obscure such as your marital status or how financially stable you are.
The itemized list below are some of the most rate-impacting factors used by insurance companies to determine prices.
Good credit equals lower prices – Having a bad credit rating is a large factor in your rate calculation. If your credit score could use some work, you could be paying less to insure your Nissan Armada if you improve your credit rating. People that have excellent credit tend to file fewer claims and have better driving records as compared to drivers with lower credit ratings.
Don’t skimp on liability insurance – A critical coverage on your policy, liability insurance is the coverage that protects you if ever you are ruled to be at fault for causing personal injury or damage in an accident. It provides you with a defense in court up to the limits shown on your policy. Liability insurance is quite affordable compared to insuring for physical damage coverage, so insureds should have plenty of protection for their assets.
Auto insurance rates and age – Older people are more cautious drivers, file fewer claims, and receive fewer citations. Inexperience drivers are statistically proven to be inattentive behind the wheel so auto insurance rates are higher.
The following data uses these variables: single driver, full coverage with $250 deductibles, and no discounts or violations.
Always keep your auto insurance in place – Not maintaining insurance is a big no-no and you may have a hard time finding new coverage because you let your insurance expire. In addition to paying higher premiums, not being able to provide proof of insurance may earn you a revoked license or a big fine.
Insurance losses for a Nissan Armada – Auto insurance companies analyze the history of losses to help determine rates. Models that tend to have higher prevalence or dollar amount of losses will cost more for specific coverages. The table below illustrates the loss history for Nissan Armada vehicles.
For each insurance policy coverage type, the claim probability for all vehicles, regardless of make, model or trim level, is equal to 100. Numbers below 100 are indicative of better than average losses, while numbers above 100 show a trend for more claims or an increased chance of larger losses than average.
|Specific Nissan Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Nissan Armada 4dr 2WD||94||104||93||106||87|
|Nissan Armada 4dr 4WD||123||120||109||91||69|
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years