Cheapest Memphis Nissan Rogue Insurance

If saving money is your primary concern, then the best way to get more affordable Nissan Rogue insurance in Memphis is to compare prices annually from insurers in Tennessee.

First, read about what coverages are included in your policy and the measures you can take to prevent rate increases. Many rating factors that are responsible for high rates like traffic citations and your credit history can be amended by making small lifestyle or driving habit changes.

Second, quote rates from direct, independent, and exclusive agents. Exclusive agents and direct companies can provide rates from a single company like GEICO and Allstate, while agents who are independent can quote rates for a wide range of insurance providers. Select a company

Third, compare the quotes to the price on your current policy and determine if cheaper Rogue coverage is available in Memphis. If you can save some money, make sure the effective date of the new policy is the same as the expiration date of the old one.

One tip to remember is that you’ll want to compare identical coverages on each quote and and to get price quotes from as many companies as you can. This guarantees an accurate price comparison and the best price selection.

It’s a fact that insurance companies want to keep your business as long as possible. Consumers who shop around for cheaper price quotes will, in all likelihood, buy a new policy because they stand a good chance of finding more affordable rates. A recent survey revealed that consumers who compared prices regularly saved approximately $865 annually compared to people who don’t make a habit of comparing rates.

If finding the lowest price on car insurance is the reason you’re reading this, learning how to get price quotes and compare insurance premiums can help make the process easier and more efficient.

Buying the cheapest insurance in Memphis is actually quite simple. If you are insured now or just want to save money, use these techniques to find the best rates and possibly find even better coverage. Vehicle owners just need to know the most time-saving way to compare rates online.

The following companies are ready to provide free quotes in Memphis, TN. If multiple companies are listed, we suggest you compare several of them to find the most competitive car insurance rates.

Affordable rates by getting these ten discounts

Some insurance providers don’t list the entire discount list in an easy-to-find place, so the below list has some of the more common as well as the least known discounts that may be available.

• Drive Safe and Save – Accident-free drivers may receive a discount up to 45% compared to rates paid by drivers with frequent claims.
• Telematics Data – Drivers that enable data collection to analyze driving manner by using a telematics device such as Progressive’s Snapshot might see lower rates as long as the data is positive.
• Discount for Passive Restraints – Factory air bags or motorized seat belts may qualify for discounts of 25 to 30%.
• Student in College – Any of your kids living away from Memphis attending college and do not have access to a covered vehicle can be insured at a reduced rate.
• Employee of Federal Government – Active or former government employment can save as much as 8% with some car insurance companies.
• Early Switch Discount – A few companies give discounts for buying a new policy prior to your current Rogue insurance policy expiration. This discount can save up to 10%.
• Home Ownership Discount – Owning your own home or condo can save a few bucks since owning and maintaining a home requires personal responsibility.
• Military Deployment Discount – Having a family member in the military could be rewarded with lower premium rates.
• Discount for Multiple Policies – If you can combine your homeowners and auto policy with one company you could get a discount of at least 10% off all policies.
• Seat Belt Discounts – Drivers who require all occupants to wear their seat belts can save 10% or more on medical payment and PIP coverage.

A little note about advertised discounts, many deductions do not apply to the whole policy. Most only reduce individual premiums such as medical payments or collision. Even though it may seem like you can get free auto insurance, car insurance companies aren’t that generous.

The chart below compares Nissan Rogue insurance costs with and without some available policy discounts. The information is based on a female driver, no claims or driving violations, Tennessee state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, marriage, claim-free, multi-car, and safe-driver discounts applied.

Larger car insurance companies and a partial list of their discounts are detailed below.

• State Farm policyholders can earn discounts including good driver, defensive driving training, Steer Clear safe driver discount, good student, anti-theft, and accident-free.
• Farmers Insurance has savings for alternative fuel, distant student, mature driver, good student, early shopping, and multi-car.
• GEICO includes discounts for federal employee, emergency military deployment, seat belt use, multi-vehicle, and driver training.
• American Family offers premium reductions for defensive driver, air bags, accident-free, TimeAway discount, early bird, and bundled insurance.
• Nationwide offers discounts for easy pay, accident-free, business or organization, multi-policy, Farm Bureau membership, good student, and anti-theft.
• Progressive discounts include homeowner, multi-policy, good student, online quote discount, continuous coverage, and online signing.

Before you buy a policy, ask each company or agent to apply every possible discount. A few discounts might not be offered in Memphis. To see a list of providers that offer multiple discounts in Tennessee, follow this link.

Nissan Rogue insurance rate analysis

The table shown next showcases a range of insurance rates for Nissan Rogue models. Knowing how prices are established helps drivers make smart choices when comparing insurance rates.

Data rating is based on married male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Tennessee minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Information does not factor in zip code location which can change auto insurance rates substantially.

Deductible comparison

The hardest decision when buying coverage is where should you set your physical damage deductibles. The following insurance rates highlight the costs and benefits when you choose different comp and collision deductibles. The first set of rates uses a $100 physical damage coverage deductible and the second pricing table uses a $500 deductible.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Estimates do not factor in specific Memphis garaging location which can affect rates considerably.

Using the premium rates above, we can conclude that using a $100 deductible will cost in the ballpark of $20 more each month or $240 every year across all Nissan Rogue models than opting for the higher $500 deductible. Since you would have to pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you tend to have more than 20 months between claims, you would probably save some money if you choose a higher deductible.

How careless driving impacts car insurance rates

The illustration below highlights how speeding tickets and at-fault collisions can drive up Nissan Rogue insurance rates for each different age group. The rate quotes are based on a single male driver, full physical damage coverage, $500 deductibles, and no discounts are factored in.

Nissan Rogue liability rates compared to full coverage

The diagram below illustrates the difference between Nissan Rogue insurance costs when comparing full coverage to state minimum liability only. The premiums are based on no claims, a clean driving record, $100 deductibles, single marital status, and no discounts are factored in.

When to drop comp and collision

There is no exact rule for excluding physical damage coverage, but there is a general convention. If the yearly cost for physical damage coverage is more than about 10% of any settlement you would receive from your insurance company, the it may be a good time to stop paying for full coverage.

For example, let’s say your Nissan Rogue settlement value is $9,000 and you have $1,000 deductibles. If your vehicle is totaled, you would only receive $8,000 after paying the physical damage deductible. If it’s costing you more than $800 annually for your policy with full coverage, then you may want to consider only buying liability coverage.

There are some conditions where dropping physical damage coverage is not in your best interest. If you still owe money on your vehicle, you are required to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is totaled, you should not drop full coverage.

Get rate quotes but work with a local neighborhood Memphis car insurance agent

Many drivers still prefer to get professional advice from a licensed agent and that is just fine! Agents can point out coverage gaps and give you someone to call. The biggest benefit of getting online price quotes is that you can obtain lower rates and also buy local.

By using this quick form, your insurance coverage information is sent to companies in Memphis who will give you quotes for your coverage. There is no reason to find an agent since price quotes are sent immediately to you. If you have a need to get a rate quote from one company in particular, you would need to jump over to their website and submit a quote form there.

Picking the best insurance company should include more criteria than just a low price. Any good agent in Memphis should know the answers to these questions.

• Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
• What is their Better Business Bureau rating?
• What companies can they write with?
• Do the companies they represent have a solid financial rating?
• Are you getting all the discounts the company offers?
• How much training do they have in personal risk management?
• Can they help ensure a fair claim settlement?
• Is vehicle mileage a factor when determining depreciation for repairs?

When narrowing the list to find a good insurance agency, it can be helpful to understand the types of insurance agents and how they can write your policy. Insurance agencies in Memphis are either exclusive or independent agents depending on their company appointments. Both types can write auto insurance policies, but it’s good to learn the differences since it can affect which type of agent you select.

Exclusive Insurance Agencies

Agents that elect to be exclusive can only place business with one company like Allstate, Farmers Insurance or State Farm. They are unable to compare rates from other companies so it’s a take it or leave it situation. Exclusive agents are well schooled on their products and sales techniques which helps offset the inability to provide other markets. Consumers frequently choose to use a exclusive agent mainly due to the prominent brand name and strong financial ratings.

Shown below is a list of exclusive insurance agencies in Memphis that are able to give rate quotes.

• Derrick Hodges – State Farm Insurance Agent
  7249 Winchester Rd – Memphis, TN 38125 – (901) 572-1985 – View Map
• Allstate Insurance: Angie Hooten-Hughes
  6803 Summer Ave – Memphis, TN 38134 – (901) 373-6060 – View Map
• Allstate Insurance: Josh Roman
  579 S Perkins Rd – Memphis, TN 38117 – (901) 683-8600 – View Map

More Memphis agents

Independent Auto Insurance Agents

Agents that elect to be independent do not work for one specific company and that allows them to write policies with lots of companies and potentially find a lower price. If you are not satisfied with one company, they simply move your policy to a different company and you don’t have to switch agencies.

If you are comparing rate quotes, you absolutely need to compare quotes from at least one independent agent so that you have a good selection of quotes to compare. Most can insure with mutual insurance companies that may have much lower rates than larger companies.

Listed below are Memphis independent insurance agents that can give you price quote information.

• Smith-Berclair Insurance
  855 Ridge Lake Blvd #400 – Memphis, TN 38120 – (901) 753-4323 – View Map
• Keltner Insurance Inc.
  3232 S Perkins Rd – Memphis, TN 38118 – (901) 797-8665 – View Map
• Bill Blake Auto Insurance
  5724 Mt Moriah Rd – Memphis, TN 38115 – (901) 432-5551 – View Map

More Memphis agents

Car insurance is not optional

Despite the high cost of buying insurance for a Nissan Rogue in Memphis, insurance is required for several reasons.

• Most states have minimum mandated liability insurance limits which means the state requires a specific minimum amount of liability insurance coverage if you drive a vehicle. In Tennessee these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
• If you have a loan on your Nissan Rogue, almost every bank will have a requirement that you carry insurance to guarantee payment of the loan. If you do not keep the policy in force, the bank may insure your Nissan at a much higher premium rate and require you to fork over for the expensive policy.
• Insurance safeguards not only your Nissan Rogue but also your financial assets. It will also pay for hospital and medical expenses for you, any passengers, and anyone injured in an accident. One policy coverage, liability insurance, will also pay attorney fees if you are named as a defendant in an auto accident. If your Nissan gets damaged, comprehensive and collision coverage will cover the repair costs.

The benefits of buying enough insurance outweigh the cost, particularly for liability claims. Despite what companies tell you, the average driver overpays more than $830 a year so it’s recommended you shop around every year to ensure rates are competitive.

Coverages available on your policy

Understanding the coverages of your policy aids in choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Coverage for medical expenses

Coverage for medical payments and/or PIP kick in for immediate expenses for things like nursing services, doctor visits and pain medications. They can be used in conjunction with a health insurance plan or if you do not have health coverage. It covers you and your occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Comprehensive car insurance

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for things like hail damage, falling objects, fire damage and hitting a bird. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your Nissan Rogue.

Because many people carry very low liability coverage limits (Tennessee limits are 25/50/15), it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Liability auto insurance

This coverage provides protection from damage that occurs to other people or property that is your fault. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 25/50/15 which stand for a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a total limit of $15,000 for damage to vehicles and property.

Liability coverage protects against claims such as emergency aid, medical expenses, bail bonds, structural damage and attorney fees. How much coverage you buy is a decision to put some thought into, but consider buying as large an amount as possible. Tennessee requires drivers to carry at least 25/50/15 but it’s recommended drivers buy more coverage.

The next chart shows why buying low liability limits may not provide you with enough coverage.

Coverage for collisions

Collision coverage covers damage to your Rogue from colliding with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as backing into a parked car, sideswiping another vehicle, driving through your garage door and colliding with a tree. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Another option is to raise the deductible on your Rogue to get cheaper collision coverage.

Find cheap rates by being thorough

Low-cost Nissan Rogue insurance in Memphis can be found on the web and from local insurance agents, so you need to shop Memphis auto insurance with both to have the best selection. Some insurance companies do not offer rates over the internet and most of the time these smaller providers only sell coverage through independent insurance agencies.

When buying insurance coverage, it’s not a good idea to reduce needed coverages to save money. There have been many situations where an accident victim reduced physical damage coverage and found out when filing a claim that the savings was not a smart move. Your objective should be to get the best coverage possible at the best cost but still have enough coverage for asset protection.

We just presented some good ideas how you can find cheaper Nissan Rogue insurance in Memphis. The key concept to understand is the more price quotes you have, the better chance you’ll have of finding affordable Nissan Rogue insurance quotes. Consumers could even find that the lowest rates come from the least-expected company.

Other learning opportunities

• Teen Driving Statistics (iihs.org)
• What Auto Insurance is Cheapest for Young Drivers in Memphis? (FAQ)
• Who Has the Cheapest Memphis Auto Insurance Quotes for 4×4 Vehicles? (FAQ)
• Frontal Crash Tests (iihs.org)
• Rental Car Insurance Tips (Insurance Information Institute)
• Protect Yourself Against Auto Theft (Insurance Information Institute)