1997 Nissan 240SX Insurance Cost – 8 Tricks for Cheaper Prices

Trying to find better insurance rates for your Nissan 240SX? Having to pay for overpriced insurance can dwindle your bank account and force you to prioritize other expenses. Shopping your coverage around is free, only takes a few minutes, and is a good way to tighten up your finances. Because you have many choices of insurance companies, it’s difficult to pick the cheapest provider.

You should make it a habit to compare prices once or twice a year because rates change frequently. Even if you got the lowest rates on 240SX insurance a year ago there may be better deals available now. There is too much inaccurate information about insurance on the internet, so I’m going to show you some proven techniques to save money.

Discounts mean cheaper 1997 Nissan 240SX insurance rates

The price of auto insurance can be rather high, but you may find discounts that you may not even be aware of. A few discounts will automatically apply when you purchase, but some must be manually applied prior to getting the savings. If they aren’t giving you every credit possible, you’re paying more than you need to.

  • Multi-car Discount – Buying coverage for more than one vehicle with the same company may reduce the rate for each vehicle.
  • Drive Less and Save – Fewer annual miles on your Nissan can earn a substantially lower rate.
  • Early Signing – Some companies give discounts for buying a policy before your current policy expires. This can save 10% or more.
  • One Accident Forgiven – Some insurance companies allow you one accident before hitting you with a surcharge if your claims history is clear prior to the accident.
  • Student Driver Training – Require your teen driver to take driver’s ed class if offered at their school.
  • New Vehicle Savings – Adding a new car to your policy is cheaper since new cars are generally safer.
  • Federal Employees – Being employed by or retired from a federal job may qualify you for a discount on 240SX insurance depending on your company.
  • Resident Student – Kids in college living away from home attending college without a vehicle on campus can be insured at a reduced rate.

It’s important to understand that most discounts do not apply to the overall cost of the policy. Most only cut individual premiums such as comprehensive or collision. Just because it seems like all the discounts add up to a free policy, you’re out of luck. Any qualifying discounts will reduce the amount you have to pay.

For a list of providers who offer insurance coverage discounts, click here to view.

Tailor your coverage to you

When buying the right insurance coverage, there isn’t really a perfect coverage plan. Each situation is unique so this has to be addressed. For instance, these questions can aid in determining if your situation may require specific advice.

  • What happens if I owe more than my 1997 Nissan 240SX is worth?
  • Is my nanny covered when driving my vehicle?
  • Are split liability limits better than a combined single limit?
  • Do I have any recourse if my insurance company denies a claim?
  • Do I need replacement cost coverage on my 1997 Nissan 240SX?
  • Do I need rental car coverage?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of insurance coverage companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

Don’t listen to company ads

Consumers can’t ignore all the ads for cheaper car insurance by State Farm, Geico and Progressive. All the companies make an identical promise that you’ll save big if you switch to their company.

How can each company claim to save you money?

All companies have a preferred profile for the type of driver they prefer to insure. An example of a profitable customer might be a mature driver, a clean driving record, and drives less than 7,500 miles a year. Any driver who meets those qualifications receives the best rates and is almost guaranteed to cut their rates substantially.

Potential insureds who do not match the requirements will have to pay more money and this can result in business going elsewhere. The ads say “customers who switch” not “everyone that quotes” save that kind of money. That’s why insurance companies can advertise the savings.

Because of the profiling, drivers should quote coverage with many companies. It’s just too difficult to predict the company that will have the lowest Nissan 240SX insurance rates.

Coverages available on your policy

Knowing the specifics of a car insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverages available from car insurance companies.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your Nissan 240SX.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Usually these coverages do not exceed the liability coverage limits.

Auto collision coverage

This coverage will pay to fix damage to your 240SX caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like scraping a guard rail, crashing into a ditch, backing into a parked car and sideswiping another vehicle. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to bring the cost down.

Comprehensive insurance

This coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as damage from a tornado or hurricane, falling objects, hitting a deer and vandalism. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Liability insurance

This coverage can cover injuries or damage you cause to people or other property by causing an accident. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 25/50/25 which means a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Occasionally you may see a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage protects against claims such as repair bills for other people’s vehicles, funeral expenses, pain and suffering, loss of income and structural damage. How much liability should you purchase? That is a decision to put some thought into, but consider buying as large an amount as possible.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance reimburse you for bills such as pain medications, prosthetic devices, X-ray expenses and nursing services. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. It covers you and your occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Keep this in mind

We just presented many ways to get a better price on 1997 Nissan 240SX insurance. The key concept to understand is the more companies you get rates for, the better your chances of lowering your rates. Consumers could even find that the best price on insurance coverage is with the smaller companies. Regional companies may have significantly lower rates on certain market segments compared to the large companies like Progressive and Geico.

Cheaper insurance is definitely available both online in addition to many insurance agents, so you should compare both in order to have the best price selection to choose from. A few companies do not provide online quoting and these small insurance companies work with independent agents.

When shopping online for insurance coverage, never skimp on coverage in order to save money. In many cases, consumers will sacrifice liability limits or collision coverage and discovered at claim time they didn’t have enough coverage. The proper strategy is to buy a smart amount of coverage at a price you can afford while still protecting your assets.

More detailed insurance coverage information is located at these sites: