Nobody likes paying more than necessary for any purchase, so why let it happen with your car insurance premium?
Factors such as your driving record, gender, age, where you live, and the make and model of your vehicle shape the overall cost of your Nissan Maxima insurance.
To calculate the cost of your Nissan Maxima insurance, you need to understand how insurance providers look at risks associated with your vehicle.
How Much Does Nissan Maxima Insurance Cost?
The cost of a Nissan Maxima insurance is generally in the mid to high range since the model is considered a luxury sedan and may require expensive parts or servicing.
Your specific car’s premium cost is based on a number of factors, each of which can impact the overall price of your insurance policy.
The following is a breakdown of these factors along with other helpful information about owning a Nissan Maxima.
Nissan Maxima Safety Rating & Damage Threshold
Safety ratings and damage thresholds can influence the price of your car insurance.
Good safety ratings may help decrease the price of your premium, while a vehicle that incurs huge repair bills for minor issues may cost quite a bit more to insure.
The National Highway Traffic Safety Administration lists the following safety ratings for Nissan Maximas.
|Vehicle Name||Overall Rating||Frontal Crash Rating||Side Crash Rating||Rollover Rating|
|2018 Nissan Maxima 4 DR FWD||5 out of 5 Stars||4 out of 5 Stars||5 out of 5 Stars||5 out of 5 Stars|
|2017 Nissan Maxima 4 DR FWD||5 out of 5 Stars||5 out of 5 Stars||5 out of 5 Stars||5 out of 5 Stars|
|2016 Nissan Maxima 4 DR FWD||5 out of 5 Stars||5 out of 5 Stars||5 out of 5 Stars||5 out of 5 Stars|
Comprehensive & Collision Coverage
The overall cash value of your car also influences the price you pay for your comprehensive and collision insurance.
Kelley Blue Book lists the following values for vehicles purchased as certified from a dealer in the San Francisco 94102 area.
The “out-the-door” target price of a vehicle is the final price you end up paying, which includes taxes, document fees, and state DMV fees.
With all other factors being equal, the 2018 Maxima driver will have higher insurance premiums than the 2014 Maxima driver due to the provider’s risk of loss.
|Vehicle Name||Fair Purchase Price||Out-the-Door Target Price|
|2018 Nissan Maxima 4 DR FWD||$24,346||$27,024|
|2016 Nissan Maxima 4 DR FWD||$20,410||$20,716|
|2014 Nissan Maxima 4 DR FWD||$10,371||$10,527|
Claims Frequency & Potential to Cause Damage
The frequency of claims associated with a particular vehicle model can have a negative effect on all drivers of the same vehicle, regardless of their driving history.
For example, the more collision claims that are filed by drivers of Nissan Maximas, the more the insurance providers must pay out.
The Insurance Institute for Highway Safety, Highway Loss Data Institute states that drivers of Nissan Maximas are 50 percent more likely than average to file a collision claim and 69 percent more likely than average to file a comprehensive claim.
These claims could have a negative influence on the price of your insurance quote.
Nissan Maxima Insurance Discounts
There are several ways to grab a great discount on the price of your Nissan Maxima insurance.
One option is to drive a car with modern safety equipment. New Nissan Maximas have a variety of features that may help reduce your insurance costs, such as automatic emergency braking, intelligent cruise control, and a front and rear sonar system.
If a car is more likely to be stolen, it can affect the price of your insurance.
The National Insurance Crime Bureau’s Hot Wheels Report doesn’t include the Nissan Maxima on its list of most stolen vehicles, which would suggest that this factor is not an issue when it comes to insurance prices.
However, if you live in an area with a high crime rate, you may be able to receive a discount for anti-theft devices installed in your vehicle or by parking in a locked garage.
What are the Best Companies for Nissan Maxima Insurance?
When it comes to getting a car insurance quote, it pays to spend a bit of time shopping around, comparing quotes, and reading reviews.
By doing so, you’ll get a better idea of the prices you can expect to pay and the quality of service you’re likely to receive.
Make sure to ask your insurance company these questions to see if you are eligible for discounts:
- I have a clean driving record, could this reduce the price of my insurance?
- This will be my second car, do you offer low mileage discounts?
- I plan to keep my car in a garage overnight, can I receive a discount?
What to Know About Nissan Maximas
Nissan was founded in 1933 and is one of the largest automobile producers in the world.
The Maxima model is Nissan’s premier sedan and has been in production since 1981.
The eighth generation Maxima was named 2018 Full-Size Car of the Year by auto123.com.
Now that you’ve learned what insurance companies look at regarding the risk and market value of the cars they insure, you should be able to evaluate price quotes and get the best Maxima policy for your money.*While we make every effort to keep our site updated, please be aware that "timely" information on this page, such as quote estimates, or pertinent details about companies, may only be accurate as of its last edit day. Huntley Wealth & Insurance Services and its representatives do not give legal or tax advice. Please consult your own legal or tax adviser.