Do you want the cheapest Nissan Altima insurance in Chicago? Searching for cheap Chicago Nissan Altima insurance quotes over the internet can seem to be rather challenging for people not familiar with comparing rates online. With so many options of companies competing online, how are people able to have a chance to compare every company to locate the best available rates?
Sad but true, almost 70% of drivers kept their coverage with the same car insurance company for four years or more, and approximately 38% of consumers have never even compared quotes to find lower-cost rates. With the average premium in Illinois being $1,500, drivers can save nearly 40% each year just by shopping around, but they assume it’s a waste of time to compare rates and save money.
When quoting car insurance, remember that comparing a wide range of rates helps improve the odds of finding better pricing. Not every company provides online rate quotes, so you also need to get price quotes from them as well.
The following companies offer free rate quotes in Chicago, IL. If multiple providers are shown, we suggest you visit several of them in order to get a fair rate comparison.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Altima 2.5 4-Dr Sedan | $184 | $312 | $268 | $16 | $80 | $860 | $72 |
| Altima 2.5 S 4-Dr Sedan | $96 | $210 | $246 | $14 | $74 | $640 | $53 |
| Altima Hybrid 4-Dr Sedan | $254 | $478 | $262 | $16 | $78 | $1,088 | $91 |
| Altima 2.5 S 2-Dr Coupe | $120 | $246 | $334 | $20 | $100 | $820 | $68 |
| Altima 3.5 SR 4-Dr Sedan | $180 | $316 | $266 | $16 | $80 | $858 | $72 |
| Altima 3.5 SR 2-Dr Coupe | $178 | $392 | $284 | $16 | $84 | $954 | $80 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Illinois minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Prices do not factor in vehicle garaging location which can change coverage rates greatly.
Should you raise deductibles?
A question often asked by Chicago drivers is how low should you set your deductibles. The following insurance rates highlight the price difference when you select higher and lower insurance deductibles. The first rate table uses a $100 deductible for comprehensive and collision coverage and the second pricing table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Altima 2.5 4-Dr Sedan | $224 | $406 | $262 | $16 | $78 | $1,011 | $84 |
| Altima 2.5 S 4-Dr Sedan | $224 | $478 | $262 | $16 | $78 | $1,083 | $90 |
| Altima Hybrid 4-Dr Sedan | $254 | $478 | $262 | $16 | $78 | $1,113 | $93 |
| Altima 2.5 S 2-Dr Coupe | $254 | $478 | $294 | $18 | $88 | $1,157 | $96 |
| Altima 3.5 SR 4-Dr Sedan | $254 | $478 | $262 | $16 | $78 | $1,113 | $93 |
| Altima 3.5 SR 2-Dr Coupe | $254 | $550 | $294 | $18 | $88 | $1,229 | $102 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Altima 2.5 4-Dr Sedan | $124 | $214 | $262 | $16 | $78 | $694 | $58 |
| Altima 2.5 S 4-Dr Sedan | $124 | $252 | $262 | $16 | $78 | $732 | $61 |
| Altima Hybrid 4-Dr Sedan | $140 | $252 | $262 | $16 | $78 | $748 | $62 |
| Altima 2.5 S 2-Dr Coupe | $140 | $252 | $294 | $18 | $88 | $792 | $66 |
| Altima 3.5 SR 4-Dr Sedan | $140 | $252 | $262 | $16 | $78 | $748 | $62 |
| Altima 3.5 SR 2-Dr Coupe | $140 | $290 | $294 | $18 | $88 | $830 | $69 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Illinois minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Information does not factor in zip code location which can revise premium rates substantially.
Based on this data, using a $100 deductible will cost you approximately $30 more each month or $360 every year than selecting the higher $1,000 deductible. Because you would be required to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you go more than 30 months between claims, you would come out ahead if you decide on a higher deductible.
Lower rate quotes on Nissan Altima insurance in Chicago with these car insurance discounts
Companies offering auto insurance don’t always publicize every available discount very clearly, so here is a list a few of the more common and the harder-to-find credits available to you.
- Drive Safe and Save – Safe drivers can save as much as half off their rates than drivers with accidents.
- Bundled Policy Discount – If you have multiple policies with the same company you may save approximately 10% to 15%.
- Multi-line Discount – Not all insurance carriers offer life insurance, but some may give you a discount if you purchase a life policy as well.
- Active Military Service – Having a family member in the military could be rewarded with lower prices.
- Home Ownership Discount – Owning your own home or condo can help you save on car insurance since owning and maintaining a home requires a higher level of personal finance.
- Safety Course Discount – Successfully completing a course that instructs on driving safety may get you a small discount depending on where you live.
It’s important to note that most of the big mark downs will not be given to the entire cost. Some only apply to individual premiums such as liability, collision or medical payments. Despite the fact that it seems like it’s possible to get free car insurance, it’s just not the way it works. Any qualifying discounts will help lower the amount you pay for coverage.
A list of companies and some of the discounts are included below.
- State Farm includes discounts for defensive driving training, anti-theft, good driver, multiple policy, safe vehicle, good student, and accident-free.
- American Family offers discounts including air bags, early bird, bundled insurance, mySafetyValet, TimeAway discount, multi-vehicle, and defensive driver.
- GEICO policyholders can earn discounts including multi-policy, air bags, membership and employees, defensive driver, emergency military deployment, and anti-lock brakes.
- 21st Century offers premium reductions for good student, student driver, automatic seat belts, 55 and older, teen driver, defensive driver, and early bird.
- Progressive discounts include online quote discount, continuous coverage, good student, multi-policy, online signing, multi-vehicle, and homeowner.
Check with each company how you can save money. Some of the earlier mentioned discounts may not apply to policyholders in every state. If you would like to see a list of providers that can offer you the previously mentioned discounts in Chicago, click this link.
You Can Change Your Insurance Prices
The best way to find cheaper insurance is to take a look at the different types of things that are used to determine the price you pay for insurance. When you know what positively or negatively determines base rates, this allows you to make good choices that can help you get better insurance rates. Lots of things are used when you get a price on insurance. Some factors are common sense like a motor vehicle report, but some are not quite as obvious like where you live or how safe your car is.
The itemized list below are just a few of the factors used by companies to determine rates.
Never let your insurance expire – Going without insurance is a sure-fire way to increase your renewal premiums. In addition to paying higher rates, failure to provide proof of insurance may earn you a steep fine or even jail time. You may have to provide proof of insurance in the form of an SR-22 filing with the Illinois DMV.
Know your credit rating – Having a bad credit history can be an important factor in determining premium rates. Insureds that have high credit ratings tend to file fewer claims and have better driving records as compared to drivers with lower credit scores. If your credit can be improved, you could potentially save money when insuring your Nissan Altima if you clean up your credit.
Discounts for multiple policies – Most insurers give lower prices to customers who have multiple policies with them. It’s known as a multi-policy discount. The discount can add up to ten or even fifteen percent. Even if you’re getting this discount you may still want to compare other Chicago Altima insurance rates to verify if the discount is saving money. It’s possible to still save even more than the discount even if you have your coverage with different companies
Male costs may be higher – The statistics show females are less aggressive when driving. That doesn’t necessarily mean that females are better at driving than males. Females and males are in auto accidents in similar percentages, but guys get into accidents with more damage. Men also tend to have more aggressive citations such as driving while intoxicated (DWI) or driving recklessly. Young men ages 16 to 20 tend to get in the most accidents and therefore have the most expensive insurance rates.
The more you drive the more you pay – The more miles you rack up on your Nissan in a year’s time the more you’ll pay to insure it. Most insurance companies calculate rates based on how the vehicle is used. Vehicles used primarily for pleasure use get more affordable rates than those that get driven frequently. It’s a good idea to make sure your insurance declarations sheet correctly shows annual mileage, because improper ratings can cost you money. Having an incorrect usage rating on your Altima can cost quite a bit.
Safer cars save money – Cars with high safety ratings tend to have better insurance rates. Highly rated vehicles reduce injuries and fewer injuries means less claims paid and more competitive rates for policyholders.
Nissan Altima claim statistics – Insurance companies use past loss statistics for each vehicle to help calculate premium rates. Vehicles that the statistics show to have higher claim frequency or loss amount will have a higher cost to insure. The data below shows the collected loss data for Nissan Altima vehicles.
For each policy coverage, the loss probability for all vehicles averaged together equals 100. Percentages below 100 indicate better than average losses, while values that are above 100 indicate more frequent losses or an increased probability of a larger loss.
Auto Insurance Loss Data for Nissan Altima Models
| Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Nissan Altima | 110 | 97 | 119 | 144 | 147 | 114 |
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
When to have guidance from an insurance agent
Certain consumers would rather visit with an insurance agent and there is nothing wrong with that. A good thing about price shopping on the web is the fact that drivers can get the lowest rates and still choose a local agent.
After completing this short form, your insurance coverage information is instantly submitted to insurance agents in Chicago that can give you free Chicago auto insurance quotes for your insurance coverage. You won’t even need to contact any insurance agencies since price quotes are sent straight to your inbox. You can get cheaper car insurance rates and a licensed agent to talk to. If for some reason you want to get a rate quote from a specific insurance company, you just need to navigate to their website and submit a quote form there.
Picking the best insurance company should depend on more than just a cheap price quote. Any agent in Chicago should be willing to answer these questions.
- Is the agent CPCU or CIC certified?
- Are they primarily personal or commercial lines agents in Chicago?
- Is assistance available after office hours?
- How long has their agency been open in Chicago?
- Will your rates increase after a single accident?
- What discounts might you be missing?
When finding a local Chicago insurance agent, you must know there are a couple types of insurance agents and how they are slightly different. Agents in Chicago are considered either independent agents or exclusive agents depending on their employer.
Exclusive Car Insurance Agencies
Exclusive insurance agents write business for a single company and some examples include State Farm or Allstate. They usually cannot shop your coverage around so if the price isn’t competitive there isn’t much they can do. Exclusive agents are well schooled on the products they sell which helps them sell on service rather than price. Drivers often use the same exclusive agent mostly because of the brand and the convenience of having all coverages with one company.
Listed below is a short list of exclusive insurance agents in Chicago willing to provide price quotes.
- Grace Murray – State Farm Insurance Agent
7035 W Grand Ave – Chicago, IL 60707 – (708) 453-1771 – View Map - Mike Matkowskyj – State Farm Insurance Agent
2452 W Chicago Ave – Chicago, IL 60622 – (773) 486-4444 – View Map - Tamika Echols – State Farm Insurance Agent
1611 N Clybourn Ave – Chicago, IL 60614 – (312) 944-9700 – View Map
Independent Car Insurance Agents
Independent agents are appointed with more than one company so as a result can place your coverage with any number of different companies depending on which coverage is best. To move your coverage to a new company, they can switch companies in-house and you don’t have to do anything.
If you need cheaper car insurance rates, we highly recommend that you compare quotes from independent agents for maximum quote selection. Most also write with small regional insurance companies which may provide better rates.
Below is a list of independent agents in Chicago willing to provide rate quotes.
- Talro Insurance Agency
4900 W Belmont Ave – Chicago, IL 60641 – (773) 205-8255 – View Map - Skyline Insurance Agency, Inc.
2302 W Belmont Ave – Chicago, IL 60618 – (773) 525-7500 – View Map - Active Insurance Agency – Auto Insurance
1034 N Ashland Ave – Chicago, IL 60622 – (773) 286-3473 – View Map
Be persistent to save money
A few companies may not offer rate quotes online and many times these smaller companies sell through independent agents. The cheapest Nissan Altima insurance in Chicago is available on the web and also from your neighborhood Chicago agents, so you need to compare both to have the best chance of lowering rates.
We just presented a lot of information how to get a better price on Nissan Altima insurance in Chicago. It’s most important to understand that the more price quotes you have, the better your chances of lowering your prices. You may even find the best premium rates are with some of the lesser-known companies.
When searching for the cheapest Nissan Altima rate quotes, it’s a bad idea to reduce needed coverages to save money. There are a lot of situations where consumers will sacrifice liability coverage limits only to find out that the savings was not a smart move. The proper strategy is to get the best coverage possible at an affordable rate.
Additional insurance information can be found at these links:
- Child Safety FAQ (iihs.org)
- How Much are Auto Insurance Quotes for Seniors in Chicago? (FAQ)
- How Much is Chicago Car Insurance for Electric Cars? (FAQ)
- Teen Driving Statistics (iihs.org)
- Determing Auto Insurance Rates (GEICO)
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)