Has it been a year or more since you last compared quotes for low-cost Nissan Xterra insurance in Oklahoma City? Did budget coverage turn out to be overpriced Nissan Xterra insurance in Oklahoma City? Believe me, there are lots of Oklahoma City residents who feel the same.
A recent auto insurance study discovered that most auto insurance policyholders kept buying from the same company for at least four years, and about 40% of consumers have never compared rate quotes at all. Many drivers in Oklahoma City can save as much as 35% each year just by comparing rates, but they underestimate the actual amount they would save if they swap their current policy for a cheaper one. Drivers have multiple car insurance companies to insure vehicles with, and although it’s nice to have multiple companies, too many choices makes it more difficult to find a good deal for Nissan Xterra insurance in Oklahoma City.
Companies offering Nissan Xterra insurance in Oklahoma
The companies shown below are our best choices to provide free rate quotes in Oklahoma. If several companies are displayed, it’s highly recommended you visit two to three different companies to get a more complete price comparison.
Nissan Xterra insurance analysis
The data table displayed next covers a range of insurance prices for Nissan Xterra models. Being aware of how insurance quotes are determined can be of help when making smart choices when selecting a coverage provider.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Xterra X 2WD||$272||$372||$606||$36||$182||$1,468||$122|
|Xterra S 2WD||$272||$372||$606||$36||$182||$1,468||$122|
|Xterra S 4WD||$272||$372||$606||$36||$182||$1,468||$122|
|Xterra X 4WD||$272||$372||$606||$36||$182||$1,468||$122|
|Xterra Off Road 4WD||$312||$476||$606||$36||$182||$1,612||$134|
|Xterra SE 2WD||$312||$476||$606||$36||$182||$1,612||$134|
|Xterra SE 4WD||$312||$476||$606||$36||$182||$1,612||$134|
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Data rating is based on single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Oklahoma minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Rates do not factor in specific Oklahoma City garaging location which can increase or decrease coverage rates considerably.
Driving violations and accidents
The illustration below highlights how traffic violations and at-fault claims drive up Nissan Xterra car insurance rates for different categories of driver ages. The rate quotes are based on a married female driver, full physical damage coverage, $250 deductibles, and no discounts are taken into consideration.
Full coverage rates vs. liability-only
The information below visualizes the comparison of Nissan Xterra insurance rates with liability coverage only compared to full coverage. The data is based on no violations or accidents, $1,000 deductibles, single marital status, and no other discounts are factored in.
Are you wasting money on full coverage?
There is no definitive formula of when to drop comp and collision coverage, but there is a guideline you can use. If the yearly cost of full coverage is about 10% or more of the vehicle’s replacement cost less your deductible, then it might be time to buy liability only.
For example, let’s pretend your Nissan Xterra claim settlement value is $3,000 and you have $1,000 deductibles. If your vehicle is totaled, you would only receive $2,000 after you pay the deductible. If premium cost is more than $200 a year for comprehensive and collision coverage, then you might want to consider buying only liability coverage.
There are a few situations where only buying liability is not advised. If you still owe a portion of the original loan, you must maintain physical damage coverage to protect the lienholder’s interest. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should not remove full coverage.
Auto insurance policy discounts for Nissan Xterra insurance in Oklahoma City
Some providers don’t list the complete list of policy discounts in an easy-to-find place, so the list below details some of the more common as well as the least known credits that you can use to lower your rates.
- Discount for Low Mileage – Maintaining low annual mileage could qualify for substantially lower auto insurance rates.
- Employee of Federal Government – Being employed by or retired from a federal job may qualify for a discount when you quote Oklahoma City car insurance with some auto insurance companies.
- Clubs and Organizations – Participating in specific professional or occupational memberships or organizations can get you a small discount on your next renewal.
- Anti-theft System – Cars and trucks that have factory anti-theft systems prevent vehicle theft and therefore earn up to a 10% discount.
- Active Service Discounts – Being on active deployment in the military could be rewarded with lower prices.
- College Student Discount – Kids who are enrolled in higher education away from home and do not have a car can receive lower rates.
- Drivers Education – Cut your cost by having your teen driver successfully complete driver’s ed class if it’s offered in school.
- Payment Method – If you can afford to pay the entire bill rather than spreading payments over time you can avoid the installment charge.
- Braking Control Discount – Cars that have steering control and anti-lock brakes are safer to drive and therefore earn up to a 10% discount.
- Buy New and Save – Insuring a vehicle that is new can get you a discount because newer models keep occupants safer.
Don’t be shocked that some credits don’t apply to the whole policy. Most only reduce the price of certain insurance coverages like liability, collision or medical payments. So even though they make it sound like you can get free auto insurance, that’s just not realistic.
The information below shows the comparison of Nissan Xterra premium costs with and without discounts applied to the rates. Data assumes a male driver, no tickets, no at-fault accidents, Oklahoma state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, multi-car, safe-driver, marriage, and multi-policy discounts applied.
If you would like to see a list of insurers that offer the discounts shown above in Oklahoma City, follow this link.
You may require the services of a local insurance agent
Many drivers just want to get professional advice from a licensed agent and that is just fine! Licensed agents can make sure you are properly covered and help file insurance claims. One of the best bonuses of getting online price quotes is you can get cheaper prices and still have an agent to talk to.
To find an agent, once you fill out this quick form, your insurance coverage information is immediately sent to local insurance agents in Oklahoma City who will give competitive quotes for your business. It simplifies rate comparisons since you won’t have to leave your house as quotes are delivered to the email address you provide. If you have a need to get a comparison quote from a specific insurance company, you would need to visit that company’s website and fill out the quote form the provide.
Picking an insurer shouldn’t rely on just a cheap price. These are some questions your agent should answer.
- Do they prorate repair cost based on vehicle mileage?
- If they are an independent agency in Oklahoma City, which companies do they recommend?
- In the event of vehicle damage, can you pick the collision repair facility?
- How are they compensated?
- Do you need full coverage on every vehicle?
- Is the agent and/or agency licensed to do business in Oklahoma?
Two types of auto insurance agents
If you are wanting to purchase auto insurance from a local Oklahoma City insurance agent, it helps to know the two different types of agents and how they operate. Agencies in Oklahoma City can be described as either independent agents or exclusive agents. Both can write auto insurance policies, but it is important to understand why they differ because it may have an impact on buying decisions.
Exclusive Insurance Agencies
These agents can only provide pricing for a single company and some examples include Allstate, State Farm and Farm Bureau. These agents are not able to provide prices from multiple companies so keep that in mind. These agents are usually well trained on their products and sales techniques which helps them sell on service rather than price.
Below is a short list of exclusive insurance agents in Oklahoma City willing to provide comparison quotes.
Independent Agencies or Brokers
Agents that choose to be independent are not limited to a single company so as a result can place your coverage through lots of different companies enabling the ability to shop coverage around. If your premiums go up, they simply move the coverage in-house and you won’t have to switch agencies. If you are trying to find cheaper rates, we highly recommend that you check rates from a couple of independent agencies in order to have the best price comparison.
Below are independent insurance agencies in Oklahoma City who can help you get price quotes.
Upon getting positive feedback for all questions you ask as well as a price you’re happy with, you may have just found an insurance agent that is reliable enough to adequately provide auto insurance.
Ratings for Oklahoma auto insurance companies
Selecting the best car insurance provider is hard considering how many different companies sell coverage in Oklahoma. The information in the lists below may help you select which companies to look at when comparing rate quotes.
|Company||Value||Customer Service||Claims||Customer Satisfaction||A.M Best Rating||Overall Score|
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Data Source: Insure.com Best Car Insurance Companies
Car insurance coverage information
Knowing the specifics of your policy can be of help when determining the best coverages for your vehicles. Policy terminology can be confusing and coverage can change by endorsement. Shown next are the usual coverages offered by insurance companies.
Coverage for uninsured or underinsured drivers
Your UM/UIM coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries and damage to your Nissan Xterra.
Due to the fact that many Oklahoma drivers carry very low liability coverage limits (Oklahoma limits are 25/50/25), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
Coverage for medical expenses
Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for hospital visits, surgery, X-ray expenses and prosthetic devices. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants and will also cover if you are hit as a while walking down the street. PIP is only offered in select states but can be used in place of medical payments coverage
Collision insurance covers damage to your Xterra from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in.
Collision coverage pays for things such as colliding with a tree, crashing into a ditch, damaging your car on a curb, hitting a parking meter and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible on your Xterra to get cheaper collision coverage.
This pays for damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims like theft, a broken windshield, rock chips in glass, damage from a tornado or hurricane and damage from flooding. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.
Coverage for liability
Liability insurance provides protection from injuries or damage you cause to a person or their property by causing an accident. It protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 25/50/25 which means $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.
Liability coverage pays for things like medical services, emergency aid and structural damage. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible. Oklahoma state law requires minimum liability limits of 25/50/25 but it’s recommended drivers buy better liability coverage.
The illustration below shows why the minimum limit may not be enough coverage.
Be persistent and save
There are still a few companies who do not offer internet price quotes and usually these smaller providers provide coverage only through independent insurance agencies. Lower-priced Nissan Xterra insurance in Oklahoma City is definitely available on the web as well as from independent agents in Oklahoma City, and you need to comparison shop both in order to have the best chance of saving money.
We covered many ways to reduce Nissan Xterra insurance car insurance rates online in Oklahoma City. The key concept to understand is the more price quotes you have, the better your comparison will be. Drivers may even discover the best price on insurance is with a small mutual company. Smaller companies can often insure niche markets at a lower cost compared to the large companies like State Farm and Allstate.
How to save on Nissan Xterra insurance in Oklahoma City
It takes a few minutes, but the best way to get low-cost auto insurance rates is to compare quotes annually from insurers in Oklahoma City.
Step 1: Try to comprehend how car insurance works and the steps you can take to keep rates in check. Many rating factors that cause rate increases like high-risk driving behaviors and bad credit can be remedied by improving your driving habits or financial responsibility.
Step 2: Request rate estimates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only quote rates from one company like GEICO or Farmers Insurance, while independent agencies can provide price quotes from multiple insurance companies.
Step 3: Compare the new rate quotes to the price on your current policy to see if you can save by switching companies. If you find a lower rate quote and make a switch, make sure coverage is continuous and does not lapse.
Step 4: Tell your current company to cancel your current car insurance policy. Submit a completed application and payment for your new coverage. When you receive it, place the new proof of insurance paperwork in an accessible location in your vehicle.
One tip to remember is that you’ll want to make sure you compare similar deductibles and liability limits on each quote request and and to get quotes from as many companies as possible. This ensures an apples-to-apples comparison and a better comparison of the market.
Additional insurance information can be read on the following sites:
- Medical Payments Coverage (Liberty Mutual)
- Who Has Affordable Auto Insurance Rates for Business Use in Oklahoma City? (FAQ)
- Understanding Your Insurance Deductible (Insurance Information Institute)
- Vehicle Insurance in the U.S. (Wikipedia)