Save Money on Nissan Pathfinder Insurance in Baltimore

Insurance for Nissan PathfinderAre you irritated from sacrificing other expenses to pay high auto insurance rates every month? Your situation is no different than most other vehicle owners in Maryland.

Sad but true, almost 70% of insureds have bought auto insurance from the same company for more than four years, and 38% of drivers have never shopped around. The average driver in Maryland could save roughly $750 a year just by comparing rates, but they don’t understand how simple it is to find cheaper auto insurance rates.

How to find more affordable Nissan Pathfinder insurance in Baltimore

If saving the most money is your goal, then the best way to get cheaper Nissan Pathfinder insurance is to annually compare prices from different companies who sell auto insurance in Baltimore.

A tip to remember is to make sure you enter similar limits and deductibles on each quote and and to get prices from every insurance company. This enables the most accurate price comparison and the best price quote selection.

Insurance companies such as State Farm, Allstate, GEICO and Progressive promote their brand names with ads and it is challenging if not impossible to ignore the propaganda and effectively compare rates to find the best deal.

You need to do price comparisons quite often since prices tend to go up over time. Just because you had the lowest rates on Nissan Pathfinder insurance in Baltimore a few years ago you can probably find a lower rate today. Block out anything you think you know about auto insurance because I’m going to let you in on the secrets to how to quote online to reduce your cost while improving coverage.

Compare quotes for Baltimore Nissan Pathfinder insurance

Getting a low cost price on insurance is not a difficult process. Drivers just need to take a few minutes comparing rate quotes online with multiple companies.

It’s so simple to compare insurance rate quotes online makes it a waste of time to spend your day driving to insurance agents’ offices. The internet eliminates the middleman unless you prefer the extra assistance of an agent trained in personal lines coverage. It is possible with some companies compare online quotes but have your policy serviced through an agent.

The following companies are our best choices to provide price comparisons in Baltimore, MD. To get cheap car insurance in Baltimore, it’s a good idea that you get rates from several of them to get a more complete price comparison.

Statistics and details

The price information displayed below covers a range of prices for Nissan Pathfinder models. Being more informed about how insurance policy premiums are formulated is important for you to make decisions on which coverage to buy.

Nissan Pathfinder Insurance Rates in Baltimore, MD
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Pathfinder S 2WD $132 $232 $390 $24 $116 $894 $75
Pathfinder S 4WD $152 $232 $390 $24 $116 $914 $76
Pathfinder SE 2WD $152 $232 $390 $24 $116 $914 $76
Pathfinder SE 4WD $152 $232 $390 $24 $116 $914 $76
Pathfinder LE 2WD $170 $282 $390 $24 $116 $982 $82
Pathfinder LE 4WD $170 $282 $390 $24 $116 $982 $82
Get Your Own Custom Quote Go

Data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Maryland minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Premium amounts do not factor in specific garaging location which can change prices greatly.

Choosing deductibles

One common question asked by Baltimore drivers is which deductible level should you buy. The following insurance rates help summarize the rate fluctuation of buying low and high physical damage deductibles. The first data table uses a $100 physical damage coverage deductible and the second set of prices uses a $1,000 deductible.

Nissan Pathfinder insurance prices with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Pathfinder S 2WD $304 $518 $406 $24 $122 $1,399 $117
Pathfinder S 4WD $350 $518 $406 $24 $122 $1,445 $120
Pathfinder SE 2WD $350 $518 $406 $24 $122 $1,445 $120
Pathfinder SE 4WD $350 $518 $406 $24 $122 $1,445 $120
Pathfinder LE 2WD $394 $632 $406 $24 $122 $1,603 $134
Pathfinder LE 4WD $394 $632 $406 $24 $122 $1,603 $134
Get Your Own Custom Quote Go

Nissan Pathfinder insurance prices with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Pathfinder S 2WD $168 $274 $406 $24 $122 $994 $83
Pathfinder S 4WD $194 $274 $406 $24 $122 $1,020 $85
Pathfinder SE 2WD $194 $274 $406 $24 $122 $1,020 $85
Pathfinder SE 4WD $194 $274 $406 $24 $122 $1,020 $85
Pathfinder LE 2WD $218 $332 $406 $24 $122 $1,102 $92
Pathfinder LE 4WD $218 $332 $406 $24 $122 $1,102 $92
Get Your Own Custom Quote Go

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Maryland minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Price information does not factor in specific garaging location which can alter coverage prices noticeably.

We can estimate from the data above that using a $100 deductible would cost the average driver about $37 more each month or $444 each year than requesting the higher $1,000 deductible. Since 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 normally average at least 24 months between claim filings, you would probably come out ahead if you decide on a higher deductible.

Liability only or full coverage

The illustration below compares Nissan Pathfinder insurance prices with and without physical damage coverage. The data assumes a clean driving record, no claims, $100 deductibles, drivers are single, and no other discounts are factored in.

When to stop paying for full coverage

There is no exact formula of when to stop paying for physical damage insurance, but there is a general guideline you can use. If the yearly cost for physical damage coverage is more than around 10% of any settlement you would receive from your insurance company, then it could be time to drop full coverage.

For example, let’s pretend your Nissan Pathfinder settlement value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company will settle for is $2,000 after paying the physical damage deductible. If it’s costing you more than $200 annually for comprehensive and collision coverage, then you might consider buying liability only.

There are a few situations where dropping physical damage coverage is not advised. If you still owe money on your vehicle, you have to keep full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should not eliminate full coverage.

The Nissan Pathfinder Insurance Premium Equation

Consumers need to have an understanding of the different types of things that help calculate your car insurance rates. If you understand what controls the rates you pay, this helps enable you to make changes that can help you get much lower annual insurance costs.

Avoid tickets and save – Having a clean driving record influences premium rates substantially. Attentive drivers tend to pay less for car insurance than people who have multiple driving citations. Even one ticket can boost insurance rates forty percent or more. Drivers who have serious violations such as DUI or willful reckless driving might be required by their state to complete a SR-22 with their state’s licensing department in order to drive a vehicle legally.

The information below illustrates how traffic citations and at-fault collisions can affect Nissan Pathfinder insurance premiums for each age group. The prices are based on a single male driver, full physical damage coverage, $250 deductibles, and no policy discounts are applied.

Too many car insurance claims drive up prices – Auto insurance companies in Maryland provide the best rates to policyholders who are not frequent claim filers. If you are the type of insured that files lots of claims you can pretty much guarantee either policy cancellation or increased premiums. Auto insurance is meant to be used in the event of claims that you cannot pay yourself.

Teen vs. older drivers – Older people are more cautious drivers, cost insurance companies less in claims, and tend to be get fewer driving tickets. Young drivers are proven to be easily distracted when driving therefore car insurance rates are much higher.

The next chart uses these assumptions: single driver, full coverage with $1000 deductibles, and no discounts or violations.

Raise physical damage deductibles and save – Physical damage insurance, termed comprehensive and collision coverage on your policy, covers damage that occurs to your Nissan. Some examples of claims that would be covered would be a broken side mirror, hail damage, or theft. The deductibles you choose are the amount of money you are required to pay in the event of a claim. The more damage repair cost you pay before a claim is paid (deductible), the better rate you will receive.

Better premiums on safer vehicles – Vehicles with good safety scores tend to be cheaper to insure. Highly rated vehicles reduce injuries and fewer serious injuries means less claims paid and thus lower rates.

Small coverages can add up – Policies have add-on coverages that can waste your money if you don’t pay attention. Coverage for things like replacement cost coverage, death and dismemberment, and motor club memberships are examples of these. They may seem like a good idea when discussing your needs, but your needs may have changed so consider taking them off your policy.

Rural vs Urban Areas – Choosing to live in small towns and rural areas can save you money when shopping for auto insurance. Fewer drivers means a lower chance of having an accident in addition to fewer liability claims. Drivers who live in large Maryland cities have to deal with more auto accidents and more severe claims. Longer commute distances statistically corresponds to a higher accident and claim rate.

Gender and insurance premiums – Statistics demonstrate that females take fewer risks when driving. It does not mean women are better drivers. They both cause at-fault accidents in similar numbers, but guys have costlier accidents. Not only that, but men also get higher numbers of serious violations like DUI and reckless driving. Male teenagers are several times more likely to be in an accident and therefore have the most expensive car insurance rates.

The chart below illustrates the difference between Nissan Pathfinder car insurance costs for male and female drivers. The data assumes no violations or claims, full physical damage coverage, $250 deductibles, drivers are single, and no policy discounts are applied.

Nissan Pathfinder insurance claim data – Insurance companies study historical loss data to help set a rate to offset losses. Models that the statistics show to have higher prevalence or dollar amount of losses will have a higher cost to insure. The table below demonstrates the insurance loss data for Nissan Pathfinder vehicles.

For each coverage category, the claim probability for all vehicles compiled together is a value of 100. Values that are 100 or less suggest losses that are better than average, while values over 100 indicate a higher chance of having a claim or a tendency for claims to be larger.

Car Insurance Loss Data for Nissan Pathfinder Models
Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Nissan Pathfinder 4dr 2WD 99 114 83 106 101 108
Nissan Pathfinder 4dr 4WD 111 121 89 108 97 105

Data Source: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Best reasons to buy auto insurance in Maryland

Even though it’s not necessarily cheap to insure a Nissan in Baltimore, paying for auto insurance is required in Maryland but also provides important benefits.

First, almost all states have minimum mandated liability insurance limits which means the state requires specific minimum amounts of liability insurance coverage in order to be legal. In Maryland these limits are 30/60/15 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.

Second, if you took out a loan on your Nissan Pathfinder, most lenders will make it a condition of the loan that you carry insurance to protect their interest in the vehicle. If you let the policy lapse, the bank may insure your Nissan at a significantly higher premium and force you to reimburse them for it.

Third, insurance protects both your assets and your Nissan. Insurance will pay for all forms of medical expenses for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, will also pay for a defense attorney if you are sued as the result of your driving. If damage is caused by hail or an accident, comprehensive and/or collision insurance will pay all costs to repair after the deductible has been paid.

The benefits of having auto insurance more than cancel out the cost, particularly for liability claims. Today the average American driver overpays as much as $855 a year so it’s important to compare rates at least once a year to make sure the price is not too high.