Wish you could get out of high-priced Nissan Xterra insurance in New Orleans? It’s quite common and many New Orleans drivers have buyer’s remorse.
It’s shocking but a large majority of drivers in Louisiana have remained with the same car insurance company for four years or more, and almost 40% of drivers have never shopped around. Consumers in the U.S. could save an average of approximately $850 each year just by shopping around, but they just don’t understand how easy it is to find cheap rates by getting comparison quotes.
Lots of auto insurance companies contend for your hard-earned dollar, and it can be difficult to compare rates and uncover the absolute best rates possible on Nissan Xterra insurance in New Orleans.
It’s smart to price shop coverage before your next renewal because insurance prices are variable and change quite frequently. Just because you had the lowest rates on Nissan Xterra insurance in New Orleans last year other companies may now be cheaper. There is a lot of bad advice regarding Xterra insurance online but we’re going to give you the best ways to put money back in your pocket.
Nissan Xterra insurance rates and statistics
The premium table shown next showcases a range of policy rates for Nissan Xterra models. Knowing how insurance premiums are formulated can help you make informed coverage decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Xterra X 2WD | $304 | $382 | $474 | $28 | $142 | $1,330 | $111 |
| Xterra S 2WD | $304 | $382 | $474 | $28 | $142 | $1,330 | $111 |
| Xterra S 4WD | $304 | $382 | $474 | $28 | $142 | $1,330 | $111 |
| Xterra X 4WD | $304 | $382 | $474 | $28 | $142 | $1,330 | $111 |
| Xterra Off Road 4WD | $348 | $488 | $474 | $28 | $142 | $1,480 | $123 |
| Xterra SE 2WD | $348 | $488 | $474 | $28 | $142 | $1,480 | $123 |
| Xterra SE 4WD | $348 | $488 | $474 | $28 | $142 | $1,480 | $123 |
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Table data represents married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Louisiana minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Estimates do not factor in specific location which can impact insurance rates substantially.
Where to set your deductibles
One frequently asked question is which deductible level should you buy. The following tables can help you understand the rate differences of buying low and high physical damage deductibles. The first price estimate table uses a $100 deductible for physical damage and the second rate table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Xterra X 2WD | $348 | $464 | $464 | $28 | $140 | $1,469 | $122 |
| Xterra S 2WD | $348 | $464 | $464 | $28 | $140 | $1,469 | $122 |
| Xterra S 4WD | $348 | $464 | $464 | $28 | $140 | $1,469 | $122 |
| Xterra X 4WD | $348 | $464 | $464 | $28 | $140 | $1,469 | $122 |
| Xterra Off Road 4WD | $400 | $594 | $464 | $28 | $140 | $1,651 | $138 |
| Xterra SE 2WD | $400 | $594 | $464 | $28 | $140 | $1,651 | $138 |
| Xterra SE 4WD | $400 | $594 | $464 | $28 | $140 | $1,651 | $138 |
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| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Xterra X 2WD | $194 | $244 | $464 | $28 | $140 | $1,070 | $89 |
| Xterra S 2WD | $194 | $244 | $464 | $28 | $140 | $1,070 | $89 |
| Xterra S 4WD | $194 | $244 | $464 | $28 | $140 | $1,070 | $89 |
| Xterra X 4WD | $194 | $244 | $464 | $28 | $140 | $1,070 | $89 |
| Xterra Off Road 4WD | $222 | $312 | $464 | $28 | $140 | $1,166 | $97 |
| Xterra SE 2WD | $222 | $312 | $464 | $28 | $140 | $1,166 | $97 |
| Xterra SE 4WD | $222 | $312 | $464 | $28 | $140 | $1,166 | $97 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Louisiana minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Table data does not factor in vehicle location which can modify premium rates greatly.
We can estimate from the data above that using a $100 deductible costs roughly $37 more each month or $444 every year averaged for all Xterra models than opting for the higher $1,000 deductible. Due to the fact that you would have to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you average at a minimum 24 months between claim filings, you would probably save some money if you choose the higher deductible. The table below illustrates a better example of how you can do this calculation yourself.
| Average monthly premium for $100 deductibles: | $129 |
| Average monthly premium for $1,000 deductibles (subtract): | – $92 |
| Monthly savings from raising deductible: | $37 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $37 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 24 months |
One big caveat is that raising deductibles to get cheaper rates means you will have to pay more of your own money when you file a claim. You will want to have some extra funds in order to pay more to get your vehicle repaired.
Decisions You Make Can Impact Your Insurance Costs
Lots of things are used when premium rates are determined. Some are pretty understandable like your driving record, but other factors are more obscure such as your credit history or your vehicle rating. Part of the auto insurance buying process is learning some of the factors that go into determining your auto insurance rates. When consumers understand what influences your rates, this allows you to make educated decisions that could result in lower auto insurance prices.
The factors shown below are some of the most rate-impacting factors used by companies to determine your rate level.
Big cities mean more claims – Choosing to live in smaller towns and rural areas of the country has it’s advantages when shopping for auto insurance. People in densely populated areas have more auto accidents and more time behind the wheel. Less people means a lower chance of having an accident.
How many coverages with the same company – Lots of auto insurance companies provide better rates to people that buy multiple policies such as combining an auto and homeowners policy. Even with this discount applied, consumers should still get quotes from other companies to confirm you are receiving the best rates possible.
Theft deterrents save – Selecting a car model with a theft deterrent system can save you some money. Systems that thwart thieves such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack all help prevent car theft and help bring rates down.
Men pay more for insurance – Statistics have proven women are more cautious behind the wheel. However, this does not mean women are BETTER drivers than men. Both genders cause at-fault accidents at a similar rate, but men tend to have more serious accidents. Not only that, but men also get ticketed for serious violations like DUI and reckless driving. Young men ages 16 to 20 are most likely to cause an accident and are penalized with high auto insurance rates.
The illustration below shows the comparison of Nissan Xterra car insurance rates for male and female drivers. The information is based on no claims, a clean driving record, full coverage, $1,000 deductibles, single marital status, and no additional discounts are factored in.
Traffic violations are costly – Even one citation may cause rates to rise to the point where it’s not affordable. Drivers with clean records tend to pay less for car insurance than bad drivers. Drivers with license-revoking violations such as reckless driving, hit and run or driving under the influence may find they need to file a SR-22 with their state DMV in order to keep their license.
The example below illustrates how traffic citations and accident claims can drive up Nissan Xterra annual premium costs for each age group. The data is based on a married female driver, comprehensive and collision coverage, $500 deductibles, and no discounts are applied.
Drive less and get lower costs – The more you drive in a year’s time the more you’ll pay to insure your vehicle. A lot of insurance companies rate vehicles based upon how the vehicle is primarily used. Autos left parked in the garage receive better premium rates than vehicles that have high annual mileage. An improperly rated Xterra is throwing money out the window. Ask your agent if your auto insurance declarations sheet is showing annual mileage, because it can save money.
Policy add-ons may not be needed – There are quite a few additional extra coverages that can waste your money if you don’t pay attention. Insurance for things like replacement cost coverage, accident forgiveness, and term life insurance may be costing you every month. The coverages may be enticing initially, but your money might be better spent on other coverage so eliminate the coverages to reduce your premium.
Nissan Xterra claim probability – Car insurance companies analyze the history of losses as a way to help calculate a profitable premium rate. Vehicles that historically have high amounts or severity of claims will have increased rates. The information below illustrates the insurance loss data used by companies for Nissan Xterra vehicles.
For each policy coverage type, the claim amount for all vehicles, regardless of make, model or trim level, is equal to 100. Values that are below 100 represent a good loss history, while percentage numbers above 100 point to more claims or tendency to have larger claims.
| Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Nissan Xterra 4dr 2WD | 57 | 95 | 45 | |||
| Nissan Xterra 4dr 4WD | 62 | 100 | 63 | 59 | 77 | 86 |
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Ratings for New Orleans auto insurance companies
Ending up with a highly-rated auto insurance company can be difficult considering how many companies provide coverage in New Orleans. The rank data shown next can help you select which companies you want to consider purchasing from.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
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Data Source: Insure.com Best Car Insurance Companies
Compare. Compare. Compare.
Throughout this article, we presented quite a bit of information on how to lower your Nissan Xterra insurance premium rates in New Orleans. The most important thing to understand is the more providers you compare, the better chance you’ll have of finding inexpensive New Orleans car insurance quotes. Consumers could even find that the most savings is with an unexpected company.
Cheaper car insurance in New Orleans is definitely available both online and also from your neighborhood New Orleans agents, so you should be comparing quotes from both so you have a total pricing picture. There are still a few companies who do not offer rate quotes online and many times these small, regional companies work with independent insurance agents.
As you quote New Orleans car insurance, it’s not a good idea to buy lower coverage limits just to save a few bucks. There are too many instances where someone sacrificed liability limits or collision coverage only to discover later they didn’t purchase enough coverage. The proper strategy is to get the best coverage possible at the best cost, not the least amount of coverage.
Steps to finding affordable Nissan Xterra insurance in New Orleans
The recommended way to get the cheapest car insurance rates in New Orleans is to annually compare prices from insurers who provide auto insurance in Louisiana. Rate comparisons can be done by following these guidelines.
- Step 1: Spend some time learning about the different coverages in a policy and the measures you can take to drop your rates. Many policy risk factors that are responsible for high rates such as high-risk driving behaviors and poor credit history can be improved by making minor changes in your lifestyle.
- Step 2: Compare rates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can provide rates from one company like GEICO and State Farm, while independent agents can quote rates from multiple sources.
- Step 3: Compare the new rate quotes to the price on your current policy to see if switching to a new carrier will save money. If you can save money and decide to switch, make sure coverage does not lapse between policies.
A valuable tip to remember is to compare identical coverages on each price quote and and to look at every insurance company. This guarantees an accurate price comparison and a complete selection of prices.
Other learning opportunities
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
- How Much is New Orleans Auto Insurance for Retired Military? (FAQ)
- What Auto Insurance is Cheapest for Police Officers in New Orleans? (FAQ)
- Understanding Your Insurance Deductible (Insurance Information Institute)
- Parking Tips to Reduce Door Dings (State Farm)
- Frontal Crash Tests (iihs.org)