It’s an obvious conclusion that insurance companies don’t want their customers to go rate shopping. Consumers who get price quotes annually are inclined to move their business because there is a significant possibility of finding a lower-priced company. A study discovered that consumers who shopped around annually saved as much as $72 a month as compared to drivers who never compared prices.
If finding budget-friendly rates on Nissan cube insurance is your ultimate goal, then having some knowledge of the best way to quote and compare insurance coverage can help make the process easier.
It takes a few minutes, but the best way to get cheaper Nissan cube insurance in Memphis is to regularly compare price quotes from insurers who sell auto insurance in Tennessee. Price quotes can be compared by completing these steps.
Step 1: Take a little time to learn about how companies set rates and the things you can change to prevent expensive coverage. Many risk factors that result in higher rates such as tickets, at-fault accidents, and a not-so-good credit rating can be improved by making lifestyle changes or driving safer. Keep reading for more information to prevent rate hikes and find discounts that you may qualify for.
Step 2: Get rate quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only provide price estimates from one company like GEICO or Allstate, while agents who are independent can give you price quotes for a wide range of insurance providers.
Step 3: Compare the new quotes to the premium of your current policy to determine if you can save on cube insurance in Memphis. If you find a lower rate, verify that coverage does not lapse between policies.
Step 4: Tell your current company to cancel your existing policy and submit a down payment along with a completed application for the new policy. As soon as you have the new policy, safely store the proof of insurance certificate along with your vehicle registration.
The most important part of this process is to use identical limits and deductibles on every quote and to quote with as many auto insurance providers as possible. Doing this ensures a level playing field and plenty of rates choose from.
Companies offering Nissan cube insurance in Memphis
The car insurance companies shown below offer comparison quotes in Memphis, TN. If multiple companies are listed, we suggest you get rates from several of them to get the best price comparison.
Rates and data analysis
The coverage table shown below highlights a range of insurance coverage prices for Nissan cube models. Having knowledge of how insurance quotes are formulated can help you make decisions on which insurance to purchase.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cube 2WD | $168 | $318 | $326 | $20 | $98 | $930 | $78 |
| Cube S 2WD | $192 | $318 | $326 | $20 | $98 | $954 | $80 |
| Cube SL 2WD | $192 | $388 | $326 | $20 | $98 | $1,024 | $85 |
| Cube Krom 2WD | $216 | $456 | $326 | $20 | $98 | $1,116 | $93 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Rate quotes do not factor in vehicle location which can alter coverage rates noticeably.
Choosing deductibles
When buying insurance, a common question is how high or low should comp and collision deductibles be. The premium rates below outline the costs and benefits of buying low and high policy deductibles. The first rate estimation uses a $250 physical damage deductible and the second data table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cube 2WD | $194 | $310 | $288 | $18 | $86 | $921 | $77 |
| Cube S 2WD | $224 | $310 | $288 | $18 | $86 | $951 | $79 |
| Cube SL 2WD | $224 | $376 | $288 | $18 | $86 | $1,017 | $85 |
| Cube Krom 2WD | $252 | $444 | $288 | $18 | $86 | $1,113 | $93 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cube 2WD | $120 | $194 | $288 | $18 | $86 | $706 | $59 |
| Cube S 2WD | $138 | $194 | $288 | $18 | $86 | $724 | $60 |
| Cube SL 2WD | $138 | $236 | $288 | $18 | $86 | $766 | $64 |
| Cube Krom 2WD | $156 | $278 | $288 | $18 | $86 | $826 | $69 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, claim-free, and homeowner. Rate information does not factor in specific location information which can influence insurance rates significantly.
Based on the above data, using a $250 deductible could cost the average driver approximately $21 more each month or $252 a year averaged for all cube models than choosing the higher $1,000 deductible. Since you would have to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to have at least 36 months between claims, you would probably be better off if you elect the higher deductible.
The illustration below shows how choosing a deductible and can influence Nissan cube insurance premiums for each age group. The data is based on a married female driver, comp and collision included, and no discounts are applied.
Get cheaper Nissan cube insurance rates in Memphis
Companies that sell car insurance do not list every discount they offer very well, so here is a list some of the best known as well as some of the hidden discounts that you can inquire about if you buy Memphis auto insurance online. If you check and find you aren’t receiving every discount you deserve, you are paying more than you should be.
- Renewal Discounts – A few insurance companies offer discounts for signing up early. It’s a savings of about 10%.
- Safety Course Discount – Taking part in a defensive driving class could save 5% or more and easily recoup the cost of the course.
- Early Payment Discounts – By making one initial payment instead of monthly or quarterly installments you may have a lower total premium amount.
- No Claims – Insureds who avoid accidents and claims pay less in comparison with accident-prone drivers.
- Theft Deterrent Discount – Cars, trucks, and SUVs with anti-theft systems are stolen with less frequency and will qualify for a discount on a Memphis auto insurance quote.
Discounts lower rates, but some credits don’t apply to the overall cost of the policy. Most only reduce individual premiums such as medical payments or collision. Just because you may think adding up those discounts means a free policy, insurance companies wouldn’t stay in business.
The example below illustrates the difference between Nissan cube yearly insurance costs with and without policy discounts. The data assumes a male driver, no accidents or driving violations, Tennessee state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, homeowner, multi-policy, claim-free, safe-driver, and marriage discounts applied.
To view insurers offering auto insurance discounts in Memphis, follow this link.
Can’t I compare prices from local Memphis insurance agents?
Many drivers still like to visit with an insurance agent and that can be a great decision The best thing about comparing insurance prices online is the fact that you can find cheap insurance rates but also keep your business local.
To help locate an agent, after submitting this quick form, your information is instantly submitted to local insurance agents that can give you free Memphis auto insurance quotes for your coverage. You won’t need to contact any agents since price quotes are sent to you instantly. You can find lower rates without having to waste a lot of time. If you want to quote rates for a specific company, don’t hesitate to navigate to their website and fill out the quote form the provide.
Deciding on a company requires you to look at more than just a cheap price. Agents should be asked these questions:
- Are they full-time agents?
- How often do they review policy coverages?
- Will a damage claim use OEM or aftermarket replacement parts?
- Will they give you a referral list?
- Do you need full coverage on every vehicle?
- Will they take your side in the event of a claim?
- Is every driver in your family covered?
Choose the right car insurance agent
If you need to find a reliable insurance agent, it can be helpful to understand the different types of agents and how they can service your needs differently. Insurance policy providers can be categorized as either exclusive agents or independent agents.
Exclusive Insurance Agencies
Agents of this type are contracted to one company and examples are American Family, State Farm, and Allstate. They are unable to provide other company’s prices so they have no alternatives for high prices. Exclusive agents are usually quite knowledgeable on the products they sell and that can be a competitive advantage.
Listed below are exclusive agencies in Memphis willing to provide rate quotes.
Farmers Insurance – April Gainer
4466 Elvis Presley Blvd #247 – Memphis, TN 38116 – (901) 398-7200 – View Map
Allstate Insurance: Don Rogers
5812 Winchester Rd – Memphis, TN 38115 – (901) 794-3771 – View Map
Steve Womack – State Farm Insurance Agent
848 Cooper St – Memphis, TN 38104 – (901) 725-1919 – View Map
Independent Insurance Agents
Agents of this type often have many company appointments and that allows them to write policies through lots of different companies and find the cheapest rate. If they find a lower price, they simply move the coverage in-house without you having to go to a different agency.
When shopping rates, you absolutely need to contact independent agents to get the best comparison.
Listed below are independent insurance agents in Memphis that are able to give rate quotes.
Boyle Insurance Agency, Inc.
5900 Poplar Ave – Memphis, TN 38119 – (901) 766-0200 – View Map
Smith-Berclair Insurance
855 Ridge Lake Blvd #400 – Memphis, TN 38120 – (901) 753-4323 – View Map
Peterson Insurance Services, Inc.
8046 N Brother Blvd #101 – Memphis, TN 38133 – (901) 386-4777 – View Map
If you feel you receive answers to your satisfaction to your questions as well as an affordable premium quote, you’ve probably found an auto insurance agent that can be relied on to insure your vehicles.
Memphis car insurance company ratings
Buying coverage from the best auto insurance company can be rather challenging considering how many choices there are in Tennessee. The company ratings shown below can help you analyze which car insurance providers to look at putting your business with.
Top 10 Memphis Car Insurance Companies Ranked by Value
- Mercury Insurance
- Travelers
- American Family
- AAA Insurance
- Safeco Insurance
- Progressive
- The Hartford
- Erie Insurance
- Esurance
- The General
Top 10 Memphis Car Insurance Companies Ranked by Customer Service
- USAA
- Travelers
- Mercury Insurance
- AAA Insurance
- Nationwide
- Safeco Insurance
- Progressive
- State Farm
- The Hartford
- The General
Shop smart and save
Some insurance providers may not provide rates over the internet and most of the time these regional insurance providers work with local independent agents. Discount Nissan cube insurance is attainable on the web in addition to many Memphis insurance agents, so you need to compare both in order to have the best chance of saving money.
When getting Memphis auto insurance quotes online, do not reduce needed coverages to save money. There are a lot of situations where an accident victim reduced physical damage coverage to discover at claim time that their decision to reduce coverage ended up costing them more. Your goal is to purchase plenty of coverage for the lowest cost and still be able to protect your assets.
You just read a lot of information how to save on Nissan cube insurance in Memphis. The key concept to understand is the more quotes you get, the higher the chance of saving money. You may even be surprised to find that the best rates are with some of the smallest insurance companies. These companies often have lower auto insurance rates on specific markets than their larger competitors like Progressive or GEICO.
Additional information is available at the links below
- A Tree Fell on Your Car: Now What? (Allstate)
- Which Company has the Cheapest Auto Insurance in Memphis, TN? (FAQ)
- How Much is Car Insurance for Single Moms in Memphis? (FAQ)
- What Insurance is Cheapest for State Employees in Memphis? (FAQ)
- What Auto Insurance is Cheapest for Young Drivers in Memphis? (FAQ)
- Who Has Affordable Car Insurance for Lyft Drivers in Memphis? (FAQ)
- Parking Tips to Reduce Door Dings (State Farm)
- Think You’re a Safe Driver? (State Farm)
- Avoiding Deer Collisions (Insurance Information Institute)
- Understanding Your Insurance Deductible (Insurance Information Institute)