Find Affordable Nissan Murano Insurance in Madison

Discount Nissan Murano insuranceWant more competitive auto insurance rates in Madison, WI? Madison drivers have lots of choices when trying to find affordable Nissan Murano insurance. You can either waste hours driving around getting price quotes or save time using the internet to get rate quotes. There is a right way and a wrong way to compare auto insurance rates and you need to know the absolute fastest way to price shop coverage for a Nissan and locate the cheapest rates.

We don’t have to point out that fact that insurance companies don’t want you to compare rates. Consumers who rate shop once a year are highly likely to switch to a new company because of the good chance of finding a cheaper policy. A recent survey found that people who regularly compared rates saved as much as $72 a month compared to other drivers who didn’t regularly shop around.

If finding the best price on Nissan Murano insurance is your ultimate objective, then having some knowledge of the best ways to shop for insurance can help simplify the task of finding more affordable coverage.

Buying the cheapest insurance in Madison is actually quite simple. If you have a current insurance policy, you should be able to find the best rates using these methods. Drivers just need to know the fastest way to compare price quotes from many different companies.

The companies shown below are ready to provide quotes in Madison, WI. If multiple companies are listed, it’s highly recommended you visit two to three different companies in order to find the most competitive rates.

Discounts mean cheaper rates for Nissan Murano insurance in Madison

Some insurance providers don’t always advertise all available discounts in an easy-to-find place, so the below list has both the well known and also the lesser-known credits available to lower your premiums when you buy Madison auto insurance online.Save money with discounts

As a sidenote, many deductions do not apply to your bottom line cost. Most only apply to specific coverage prices like medical payments or collision. Even though the math looks like adding up those discounts means a free policy, insurance companies aren’t that generous.

The diagram below shows the difference between Nissan Murano car insurance rates with and without policy discounts. The premium estimates are based on a male driver, a clean driving record, no at-fault accidents, Wisconsin state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, multi-car, claim-free, multi-policy, and marriage discounts applied.

To view insurers who offer insurance discounts in Madison, click here.

Rates and data analysis

The premium information shown below highlights a range of insurance rates for Nissan Murano models. Learning more about how insurance rates are determined can help customers make decisions when shopping around.

Nissan Murano Insurance Rates in Madison, WI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Murano S 2WD $170 $350 $242 $14 $72 $848 $71
Murano S AWD $170 $350 $242 $14 $72 $848 $71
Murano SL 2WD $170 $350 $242 $14 $72 $848 $71
Murano SL AWD $170 $350 $242 $14 $72 $848 $71
Murano LE 2WD $192 $412 $242 $14 $72 $932 $78
Murano LE AWD $192 $412 $242 $14 $72 $932 $78
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Above prices assume married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Wisconsin minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Table data does not factor in zip code location which can change rates greatly.

Where to set your deductibles

One of the most common car insurance questions is where to set your physical damage deductibles. The following insurance rates help summarize how much more you’ll pay when you buy lower versus higher policy deductibles. The first price estimate table uses a $100 deductible for physical damage and the second data table uses a $1,000 deductible.

Nissan Murano insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Murano S 2WD $198 $358 $230 $14 $68 $893 $74
Murano S AWD $198 $358 $230 $14 $68 $893 $74
Murano SL 2WD $198 $358 $230 $14 $68 $893 $74
Murano SL AWD $198 $358 $230 $14 $68 $893 $74
Murano LE 2WD $224 $422 $230 $14 $68 $983 $82
Murano LE AWD $224 $422 $230 $14 $68 $983 $82
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Nissan Murano insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Murano S 2WD $110 $188 $230 $14 $68 $610 $51
Murano S AWD $110 $188 $230 $14 $68 $610 $51
Murano SL 2WD $110 $188 $230 $14 $68 $610 $51
Murano SL AWD $110 $188 $230 $14 $68 $610 $51
Murano LE 2WD $124 $222 $230 $14 $68 $658 $55
Murano LE AWD $124 $222 $230 $14 $68 $658 $55
Get Your Own Custom Quote Go

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Wisconsin minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Rate quotes do not factor in specific garaging location which can modify auto insurance rates noticeably.

Based on this data, we can arrive at the conclusion that using a $100 deductible costs about $25 more each month or $300 a year than buying the higher $1,000 deductible. Because you would pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you normally average more than 36 months between claim filings, you would probably save some money if you decide on a higher deductible. The numbers below show an example of how this decision is made.

Average monthly premium for $100 deductibles: $77
Average monthly premium for $1,000 deductibles (subtract): – $52
Monthly savings from raising deductible: $25
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $25
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 36 months

One important note is that higher deductibles means you will have to pay more when you have a physical damage claim. That will force you to have enough savings in the event you need to pay the higher deductible.

The diagram below demonstrates how deductibles and can influence Nissan Murano annual premium costs for each different age category. The prices are based on a married male driver, full physical damage coverage, and no discounts are taken into consideration.

Does it make sense to buy full coverage?

The information below shows the difference between Nissan Murano auto insurance costs when comparing full coverage to state minimum liability only. Data assumes no claims or violations, $250 deductibles, single marital status, and no additional discounts are factored in.

When to drop comprehensive and collision coverage

There is no set guideline for excluding comp and collision coverage, but there is a guideline you can consider. If the annual cost of having full coverage is more than 10% of the settlement you would receive from your company, then you may want to consider only buying liability coverage.

For example, let’s assume your Nissan Murano claim settlement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most your company will settle for is $6,000 after paying your policy deductible. If it’s costing in excess of $600 a year for physical damage coverage, then it’s probably a good time to buy liability coverage only.

There are some situations where removing full coverage is not a good idea. If you still have a lienholder on your title, you have to maintain full coverage in order to keep the loan. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should not remove full coverage.

Components of Your Nissan Murano Insurance Premiums

Multiple criteria are used in the calculation when you get a price on insurance. Some factors are common sense like an MVR report, but others are more obscure like where you live or your commute time.

The items below are some of the most common factors utilized by car insurance companies to help set your premiums.