Cheapest Nissan Sentra Insurance in Anchorage

A recent survey discovered that nearly 70% of drivers have purchased from the same company for over three years, and virtually 40% of consumers have never shopped around. With the average premium in Alaska being $1,158, drivers could save $400 each year just by comparing rates, but most just don’t grasp the benefits if they just switched companies.

To save the most money, the best way to find more affordable Nissan Sentra insurance in Anchorage is to start comparing prices yearly from companies who provide car insurance in Alaska.

1. Spend a few minutes and learn about what coverages are included in your policy and the factors you can control to lower rates. Many things that cause rate increases like at-fault accidents and a low credit score can be rectified by making minor changes in your lifestyle. This article gives instructions to help prevent costly coverage and earn a bigger discount.
2. Compare prices from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only give rate quotes from one company like GEICO and State Farm, while independent agencies can provide prices for a wide range of companies.
3. Compare the new quotes to your existing policy and see if there is a cheaper rate in Anchorage. If you find better rates and buy the policy, verify that coverage does not lapse between policies.

One piece of advice is to try to use identical deductibles and limits on every quote and and to get rates from as many auto insurance providers as possible. This provides an accurate price comparison and the best price selection.

Locating the best rates in Anchorage is really quite simple as long as you have a good starting point. If you have a current auto insurance policy or are looking for a new policy, you can use these tips to cut your premiums and still get good coverage. Comparison shoppers only have to learn how to get comparison rates instantly.

The easiest way to compare insurance rates in your area utilizes the fact car insurance companies participate in a system to give rate comparisons. To start a quote, the only thing you need to do is give them rating details including deductibles desired, distance driven, if you lease or own, and if you went to college. Your rating data is instantly provided to all major companies and they return cost estimate almost instantly.

To find the cheapest car insurance rates, click here and enter the information requested.

The companies shown below can provide quotes in Alaska. To get cheap auto insurance in Anchorage, we recommend you visit two to three different companies to get a more complete price comparison.

Auto insurance just makes sense

Despite the high insurance cost for a Nissan Sentra in Anchorage, insuring your vehicle is mandatory in Alaska but it also protects more than you think.

• Most states have minimum liability requirements which means you are required to carry a minimum amount of liability insurance in order to license the vehicle. In Alaska these limits are 50/100/25 which means you must have $50,000 of bodily injury coverage per person, $100,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If your Nissan has a lienholder, most banks will make it mandatory that you have physical damage coverage to ensure the loan is repaid in case of a total loss. If you do not keep the policy in force, the bank or lender will purchase a policy for your Nissan at a much higher premium rate and require you to fork over the higher price.
• Auto insurance preserves not only your Nissan Sentra but also your assets. It will also reimburse you for all forms of medical expenses for both you and anyone you injure as the result of an accident. One policy coverage, liability insurance, also pays expenses related to your legal defense if someone files suit against you as the result of an accident. If your Nissan gets damaged, collision and comprehensive coverages will cover the damage repairs after a deductible is paid.

The benefits of having insurance definitely exceed the price paid, especially with large liability claims. Unknowingly, the average driver is currently overpaying as much as $850 per year so compare quotes from several companies at least once a year to save money.

Nissan Sentra insurance statistics and information

The coverage information displayed next showcases different insurance coverage prices for Nissan Sentra models. Learning more about how insurance prices are determined can be useful when making smart choices when buying a car insurance policy.

Prices based on single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Alaska minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, safe-driver, and homeowner. Premium amounts do not factor in specific zip code location which can raise or lower premium rates considerably.

Should you raise deductibles?

One common question asked by Anchorage drivers is how high should the physical damage deductibles be. The following tables highlight the rate fluctuation when you select higher and lower deductibles. The first rate comparisons uses a $250 comprehensive and collision deductible and the second rate table uses a $500 deductible.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Alaska minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Price information does not factor in specific Anchorage garaging location which can decrease or increase insurance rates greatly.

Based on this data, we can arrive at the conclusion that using a $250 deductible will cost you about $12 more each month or $144 for a full year averaged for all Sentra models than selecting the higher $500 deductible. Since you would have to pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you have at least 21 months between claim filings, you would come out ahead if you elect the higher deductible.

One thing to note is that a higher deductible level results in having to pay to pay more out-of-pocket when you have a comprehensive or collision claim. That will necessitate enough extra money in the event you need to pay the deductible to have repairs made.

The illustration below demonstrates how deductible levels and can impact Nissan Sentra insurance costs for different age groups of insureds. Data assumes a single male driver, comp and collision included, and no policy discounts are applied.

Comparison of full coverage and liability-only policies

The chart below visualizes the comparison of Nissan Sentra insurance premiums with full physical damage coverage and with liability coverage only. The premiums assume no accidents, no driving violations, $500 deductibles, drivers are not married, and no additional discounts are factored in.

When to stop buying full coverage

There is no specific rule of when to eliminate physical damage insurance, but there is a general convention. If the annual cost of your full coverage insurance is more than 10% of replacement cost minus your deductible, the it may be a good time to stop paying for full coverage.

For example, let’s pretend your Nissan Sentra replacement cost is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most you would receive is $4,000 after paying the physical damage deductible. If premiums are more than $400 annually for full coverage, then it might be time to buy liability only.

There are some conditions where only buying liability is not in your best interest. If you still have a loan on your vehicle, you must maintain physical damage coverage to satisfy the loan requirements. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should not consider dropping full coverage.

Do you qualify for discounts?

Auto insurance companies don’t always advertise all their discounts very well, so the list below details a few of the more common as well as the least known credits available to lower your premiums when you buy Anchorage car insurance online. If you’re not getting every credit you qualify for, you’re just leaving money on the table.

• Good Grades Discount – Maintaining excellent grades can earn a discount of 20% or more. The discount lasts until age 25.
• Government Employees – Federal government employees can earn a discount up to 10% with certain companies.
• Passive Restraints – Factory options such as air bags may get savings up to 30%.
• Pay Now and Pay Less – If you pay your entire premium ahead of time rather than spreading payments over time you may reduce your total bill.
• Defensive Driver Discount – Participating in a course teaching defensive driver skills may get you a small discount and easily pay for the cost of the class.
• Anti-lock Brakes – Cars and trucks equipped with ABS or steering control prevent accidents and will save you 10% or more on Sentra insurance in Anchorage.
• Include Life Insurance and Save – Not every insurance company offers life insurance, but if they do you may earn a lower rate if you buy auto and life insurance together.
• Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft so companies will give you a small discount.
• Multi-car Discount – Purchasing coverage when you have primary and secondary vehicles with one company can get a discount for every vehicle.
• Seat Belts Save – Forcing all vehicle occupants to buckle up may be able to save a few bucks on the medical payments or PIP coverage costs.

It’s important to note that most credits do not apply to your bottom line cost. The majority will only reduce specific coverage prices like comp or med pay. So despite the fact that it appears adding up those discounts means a free policy, you won’t be that lucky.

The information below shows the comparison of Nissan Sentra premium costs with and without discounts applied to the policy premium. The data assumes a female driver, no claims, a clean driving record, Alaska state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, safe-driver, multi-policy, multi-car, claim-free, and homeowner discounts applied.

If you would like to see a list of insurance companies with discount rates in Anchorage, click here to view.

Compare rate quotes but buy from a neighborhood Anchorage auto insurance agent

Certain consumers would rather get professional advice from a licensed agent and that is recommended in a lot of cases Good insurance agents can point out coverage gaps and help file insurance claims. A good thing about getting free rate quotes online is you can get cheap auto insurance quotes and still have a local agent.

Upon completion of this short form, the coverage information is transmitted to local insurance agents in Anchorage that can give you free Anchorage car insurance quotes to get your business. It makes it easy because there is no need to even leave your home since price quotes are sent to you directly. If for some reason you want to quote rates from a specific insurance company, you would need to navigate to their website and give them your coverage information.

Selecting an insurer needs to be determined by more than just a low price. Any agent in Anchorage should be forthright in answering these questions:

• Do they regularly work with personal auto policies in Anchorage?
• Are there any discounts for paying up front?
• Where would glass claims be handled in Anchorage?
• Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
• Are they able to influence company decisions when a claim is filed?
• Are there any discounts that you might be missing?

If you would like to find a reputable insurance agent or broker, you need to know there are two different types of agents to choose from. Auto insurance agents in Anchorage can be categorized as either exclusive agents or independent agents. Both insure your vehicles, but it’s worth learning how they are different since it can impact the selection process.

Exclusive Auto Insurance Agencies

Agents that elect to be exclusive can only provide one company’s prices like State Farm, Allstate, or Farmers Insurance. Exclusive agents cannot place coverage with different providers so they have no alternatives for high prices. These agents are trained well on sales techniques which aids in selling service over price.

Shown below is a short list of exclusive agents in Anchorage willing to provide comparison quotes.

More insurance agents

Independent Auto Insurance Agencies

Agents in the independent channel are not locked into one company and that is an advantage because they can write policies through many companies depending on which coverage is best. To transfer your coverage to a different company, your agent can switch companies which makes it simple for you. When comparing auto insurance prices, it’s a good idea to get rate quotes from a couple of independent agencies to have the most options to choose from.

Shown below is a short list of independent insurance agents in Anchorage who can help you get price quote information.

More insurance agents

Auto insurance is unique, just like you

When choosing coverage online or from an agent for your personal vehicles, there is no single plan that fits everyone. Everyone’s situation is a little different so this has to be addressed.
These are some specific questions may help you determine if your insurance needs will benefit from professional help.

• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• What is the minimum liability in Alaska?
• Can my babysitter drive my car?
• Do I have any recourse if my insurance company denies a claim?
• Does coverage follow the driver or the vehicle?
• Is my Nissan Sentra covered for smoke damage?
• Can good grades get a discount?
• Is a fancy paint job covered?
• Can I afford low physical damage deductibles?
• Is coverage enough to protect my assets?

If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It is quick, free and you can get the answers you need.

You can find cheap coverage

We just covered a lot of techniques to save on Nissan Sentra insurance in Anchorage. The most important thing to understand is the more companies you get premium rates for, the more likely it is that you will get a better rate. You may even find the best car insurance rates are with a smaller regional carrier. These companies may only write in your state and offer lower premium rates as compared to the big name companies such as Progressive or GEICO.

Cheaper auto insurance in Anchorage can be sourced online in addition to local insurance agencies, so get free Anchorage car insurance quotes from both of them to have the best selection. A few companies do not offer online quoting and most of the time these small, regional companies only sell through independent agents.

While you’re price shopping online, it’s very important that you do not reduce coverage to reduce premium. There are many occasions where drivers have reduced full coverage only to regret that the small savings ended up costing them much more. Your objective should be to buy enough coverage at the lowest possible cost, not the least amount of coverage.

Helpful resources

• Understanding your Policy (NAIC.org)
• How Much is Car Insurance for Inexperienced Drivers in Anchorage? (FAQ)
• How Much is Anchorage Auto Insurance for a Hyundai Elantra? (FAQ)
• Who Has Affordable Auto Insurance Quotes for Young Drivers in Anchorage? (FAQ)
• Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
• Auto Insurance 101 (About.com)
• Cellphones, Texting and Driving (iihs.org)