Do you need a fast way to compare low-cost Nissan Armada insurance in Chicago? Searching for the cheapest insurance for your Nissan Armada in Illinois can normally be a painful process, but you can learn a few tricks to make it easier. There are both good and bad ways to shop for car insurance so we're going to tell you the best way to price shop coverage for a new or used Nissan and find the lowest price either online or from Chicago insurance agents.
A recent survey discovered that about 70% of customers kept their coverage with the same car insurance company for four years or more, and roughly 40% of drivers have never compared rates to find cheaper insurance. The average driver in Illinois could save themselves almost $600 a year, but they assume it's a waste of time to compare rates.
Consumers should take time to shop coverage around as often as possible since prices change frequently. Despite the fact that you may have had the best deal on Nissan Armada insurance in Chicago at your last renewal there may be better deals available now. You can search a lot of Armada insurance on the internet, but you can learn some of the best techniques to find affordable car insurance in Chicago.
If you have insurance now or are looking for a new policy, you can learn to lower your rates without reducing coverage. Finding the best-priced car insurance policy in Chicago is easy to do. Shoppers just need to use the proper way to compare different rates online.
The companies shown below offer free rate quotes in Chicago, IL. If the list has multiple companies, we suggest you visit several of them to get a more complete price comparison.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
Armada SE 2WD | $206 | $338 | $300 | $18 | $90 | $952 | $79 |
Armada SE 4WD | $182 | $372 | $268 | $16 | $80 | $918 | $77 |
Armada Titanium 2WD | $144 | $274 | $214 | $12 | $64 | $708 | $59 |
Armada Titanium 4WD | $248 | $550 | $268 | $16 | $80 | $1,162 | $97 |
Armada Platinum 2WD | $196 | $392 | $250 | $14 | $76 | $928 | $77 |
Armada Platinum 4WD | $274 | $468 | $226 | $14 | $68 | $1,050 | $88 |
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Data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Illinois minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, multi-vehicle, and homeowner. Prices do not factor in your specific Chicago location which can alter auto insurance rates significantly.
Auto insurance deductibles
One frequently asked question is the level to set your comp and collision deductibles. The rates below can help illustrate the price difference between high and low policy deductibles. The first rate table uses a $250 physical damage coverage deductible and the second pricing table uses a $500 deductible.
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
Armada SE 2WD | $228 | $340 | $222 | $14 | $66 | $895 | $75 |
Armada SE 4WD | $228 | $400 | $222 | $14 | $66 | $955 | $80 |
Armada Titanium 2WD | $228 | $400 | $222 | $14 | $66 | $955 | $80 |
Armada Titanium 4WD | $228 | $400 | $222 | $14 | $66 | $955 | $80 |
Armada Platinum 2WD | $228 | $400 | $222 | $14 | $66 | $955 | $80 |
Armada Platinum 4WD | $254 | $400 | $222 | $14 | $66 | $981 | $82 |
Get Your Own Custom Quote Go |
Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
---|---|---|---|---|---|---|---|
Armada SE 2WD | $186 | $274 | $222 | $14 | $66 | $762 | $64 |
Armada SE 4WD | $186 | $322 | $222 | $14 | $66 | $810 | $68 |
Armada Titanium 2WD | $186 | $322 | $222 | $14 | $66 | $810 | $68 |
Armada Titanium 4WD | $186 | $322 | $222 | $14 | $66 | $810 | $68 |
Armada Platinum 2WD | $186 | $322 | $222 | $14 | $66 | $810 | $68 |
Armada Platinum 4WD | $206 | $322 | $222 | $14 | $66 | $830 | $69 |
Get Your Own Custom Quote Go |
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Illinois minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-policy, and multi-vehicle. Rate information does not factor in zip code location which can influence premium rates noticeably.
Using the premium rates above, we can conclude that using a $250 deductible will cost in the ballpark of $12 more each month or $144 for a full year than opting for the higher $500 deductible. Since the policyholder would be required to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you normally go more than 21 months between claim filings, you would probably be better off if you choose a higher deductible. The numbers below show the way you can decide this on your own policy.
Average monthly premium for $250 deductibles: | $80 |
Average monthly premium for $500 deductibles (subtract): | - $68 |
Monthly savings from raising deductible: | $12 |
Difference between deductibles ($500 - $250): | $250 |
Divide difference by monthly savings: | $250 / $12 |
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 21 months |
One thing to note is that raising deductibles to save money means you pay more out-of-pocket when you have a comprehensive or collision claim. It will be required that you have some extra funds in the event you have to pay the deductible to have repairs made.
Auto insurance protects more than just your car
Even though Chicago Armada insurance rates can get expensive, insurance is required by state law in Illinois and it also provides benefits you may not be aware of.
- Most states have minimum liability requirements which means you are required to carry a specific level of liability in order to license the vehicle. In Illinois these limits are 20/40/15 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If you have a lien on your Armada, it's guaranteed your bank will stipulate that you carry insurance to guarantee their interest in the vehicle. If you default on your policy, the bank or lender will purchase a policy for your Nissan at a more expensive rate and require you to fork over for the much more expensive policy.
- Auto insurance preserves not only your car but also your financial assets. It will also pay for medical bills for both you and anyone you injure as the result of an accident. As part of your policy, liability insurance also covers all legal expenses up to the policy limit if anyone sues you for causing an accident. If damage is caused by hail or an accident, comprehensive and/or collision insurance will pay to have it repaired.
The benefits of having insurance more than offset the price you pay, especially for larger claims. The average driver in Illinois is overpaying more than $825 a year so shop around at every policy renewal to help ensure money is not being wasted.
How Insurance Companies Determine Nissan Armada Insurance Rates
Multiple criteria are part of the equation when premium rates are determined. Most are fairly basic like a motor vehicle report, but some are more transparent like your continuous coverage and annual miles driven.
Shown below are some of the most common factors used by companies to determine your rate level.
Raising physical damage deductibles saves money - The deductibles are how much you are required to pay before a claim is paid by your company. Physical damage insurance, also called comprehensive and collision insurance, insures against damage to your car. Some coverage claims would be colliding with a stationary object, hail damage, and damage from wind. The larger the amount you pay before a claim is paid (deductible), the less your auto insurance will be.
Drive fewer miles and save - Driving a lot of miles annually the higher your rates will be. The majority of insurers calculate prices based on how the vehicle is used. Cars used primarily for pleasure use qualify for better rates compared to those used for work or business. Incorrect rating for your Armada can result in significantly higher rates. It's a good idea to make sure your declarations sheet is rated on the correct usage.
File a policy claims and pay more - If you are the type of insured that files lots of claims you can pretty much guarantee either higher rates or even cancellation. Companies in Illinois generally give the lowest premiums to insureds who file claims infrequently. Your car insurance is intended for more catastrophic claims.
Limits of liability insurance - The liability section of your policy will provide protection when you are responsible for physical damage or personal injury to other. This coverage provides you with a defense in court to attempt to prove you were not liable. This coverage is relatively inexpensive compared to insuring for physical damage coverage, so drivers should carry high limits.
Safer cars save money - Safe vehicles tend to have lower insurance rates. Vehicles built for safety have better occupant injury protection and fewer injuries translates into fewer and smaller insurance claims and more competitive rates for policyholders. If your Nissan Armada earned at least an "acceptable" rating on the Insurance Institute for Highway Safety website you may pay a lower rate.
Nissan Armada insurance loss probability - Auto insurance companies use past loss statistics for each vehicle to help determine the price you pay. Models that have a higher amount or frequency of claims will cost more for coverage. The table below illustrates the historical loss data for Nissan Armada vehicles.
For each policy coverage, the claim amount for all vehicles averaged together is considered to be 100. Percentage values below 100 suggest a positive loss record, while percentage numbers above 100 point to more claims or statistically larger claims.
Insurance Loss Ratings for Nissan Armada Vehicles
Vehicle Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
---|---|---|---|---|---|---|
Nissan Armada 4dr 2WD | 94 | 104 | 93 | 106 | 87 | |
Nissan Armada 4dr 4WD | 123 | 120 | 109 | 91 | 69 |
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Companies offer lots of discounts on Nissan Armada insurance in Chicago
Companies that sell car insurance don't list every policy discount in an easy-to-find place, so we researched a few of the more well known in addition to some of the lesser obvious discounts you could be receiving when you buy Chicago car insurance online.
- Early Signing - Select insurance companies give a discount for switching to them prior to your current Armada insurance policy expiration. This discount can save up to 10%.
- Discounts for Multiple Vehicles - Having several vehicles on one policy can get a discount for every vehicle.
- Employee of Federal Government - Employees or retirees of the government can earn a discount up to 10% with certain companies.
- Fewer Miles Equal More Savings - Maintaining low annual mileage may enable drivers to earn lower insurance rates due to less chance of an accident.
- Good Driver Discounts - Insureds who avoid accidents can pay as much as 50% less than drivers with accident claims.
As a sidenote, most of the big mark downs will not be given to the entire policy premium. A few only apply to individual premiums such as collision or personal injury protection. Despite the fact that it seems like all those discounts means the company will pay you, you won't be that lucky.
A few popular companies and their offered discounts are shown below.
- The Hartford includes discounts for anti-theft, good student, driver training, bundle, defensive driver, and air bag.
- American Family discounts include good student, mySafetyValet, accident-free, air bags, TimeAway discount, and defensive driver.
- Progressive offers discounts including online quote discount, multi-vehicle, good student, online signing, continuous coverage, multi-policy, and homeowner.
- Travelers has discounts for save driver, IntelliDrive, multi-car, multi-policy, and student away at school.
- Farmers Insurance has savings for electronic funds transfer, alternative fuel, switch companies, homeowner, teen driver, youthful driver, and mature driver.
- USAA may offer discounts for safe driver, driver training, vehicle storage, multi-policy, military installation, and new vehicle.
- Liberty Mutual may include discounts for newly married, newly retired, good student, new move discount, new graduate, teen driver discount, and multi-car.
Before you buy a policy, ask all the companies how you can save money. Depending on the company, some discounts may not be available in Chicago. To see a list of insurance companies with discount insurance rates in Illinois, click here.
What insurance coverages do I need?
When selecting coverage online or from an agent, there really is not a one size fits all plan. Your situation is unique.
For instance, these questions can aid in determining whether your personal situation would benefit from professional advice.
- Is other people's property covered if stolen from my vehicle?
- What discounts do I qualify for?
- Am I covered if hit by an uninsured driver?
- Where can I find high-risk insurance?
- Can my teen driver be rated on a liability-only vehicle?
- Exactly who is provided coverage by my policy?
- Do I need roadside assistance coverage?
If you don't know the answers to these questions but a few of them apply, you might consider talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form. It's fast, free and you can get the answers you need.
Local Chicago car insurance agents and auto insurance
A small number of people just prefer to have an agent's advice and that is a personal choice. Agents can point out coverage gaps and help submit paperwork. One of the best bonuses of getting online price quotes is you may find cheaper rates but still work with a licensed agent.
By using this form (opens in new window), your information is instantly submitted to agents in your area that provide free Chicago car insurance quotes and help you find cheaper coverage. It makes it easy because there is no need to visit any agencies because prices are sent directly to you. If you wish to quote rates from a specific auto insurance provider, just find their quoting web page and submit a quote form there.
Selecting an insurance company shouldn't rely on just the premium amount. Get answers to these questions too.
- Can glass claims be handled at your home?
- Do they receive special compensation for putting your coverage with one company over another?
- Does the company use OEM repair parts?
- How would your car be valued if totalled?
- How long has the business existed?
The following are Chicago insurers that may be willing to give price quote information for Nissan Armada insurance in Chicago.
- W.A. George Insurance Agency
155 N Michigan Ave #300 - Chicago, IL 60601 - (312) 729-5265 - View Map - Neal Gallo - State Farm Insurance Agent
6666 N Western Ave - Chicago, IL 60645 - (773) 743-6565 - View Map - Glenda Tolentino-Moser - State Farm Insurance Agent
2015 W Montrose Ave - Chicago, IL 60618 - (773) 549-3300 - View Map - Mark Mackey - State Farm Insurance Agent
3338 W Foster Ave - Chicago, IL 60625 - (773) 604-4334 - View Map
One last note
As you restructure your insurance plan, you should never buy poor coverage just to save money. In too many instances, someone sacrificed uninsured motorist or liability limits and discovered at claim time they didn't purchase enough coverage. The ultimate goal is to purchase a proper amount of coverage for the lowest cost and still be able to protect your assets.
Some companies do not provide rates over the internet and many times these small insurance companies only sell through independent insurance agencies. Lower-priced auto insurance in Chicago can be found both online and with local Chicago insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money.
You just read quite a bit of information on how to reduce Nissan Armada insurance premium rates online in Chicago. The key concept to understand is the more price quotes you have, the higher the chance of saving money. You may even find the lowest premium rates come from the least-expected company.
Other learning opportunities
- Medical Payments Coverage (Liberty Mutual)
- Who Has the Cheapest Auto Insurance Rates for Safe Drivers in Chicago? (FAQ)
- Who Has Cheap Chicago Auto Insurance for a GMC Acadia? (FAQ)
- Who Has Affordable Auto Insurance for Drivers Under 25 in Chicago? (FAQ)
- Who Has Affordable Car Insurance for Drivers Over Age 70 in Chicago? (FAQ)
- What Auto Insurance is Cheapest for a Dodge Ram in Chicago? (FAQ)
- Who Has Cheap Car Insurance Rates for a Toyota Camry in Chicago? (FAQ)
- Liability Insurance Coverage (Nationwide)
- Five Mistakes to Avoid (Insurance Information Institute)
- Protecting Teens from Drunk Driving (Insurance Information Institute)