Nissan Versa Insurance Cost

Nissan Versa fun facts

• Versa is short for “versatile space,” which is intended to symbolize the spaciousness of the vehicle’s interior.
• The Nissan Versa is one of the last remaining subcompact cars available in North America.

Nissan Versa auto insurance rates

The Nissan Versa is an economical, subcompact car, which means it’s both cheaper to buy and cheaper to insure. Generally, the cost of insuring a Nissan Versa is below-average. It also happens to be one of the less expensive Nissan models to insure.

On average, Nissan Versa insurance is cheaper than that of the Nissan Maxima, Altima, Rogue, and Sentra. However, ultimately, Nissan Versa auto insurance rates will depend on several factors beyond the make and model of the vehicle.

The best car insurance coverage for Nissan Versa drivers

Nissan Versa car insurance policies feature a wide range of coverage. Some of these coverage types are mandatory but others are optional. As a motorist, it’s up to you to decide which coverage types and limits are right for you. To help you make this decision, we outline the most common types of car insurance coverage for Nissan Versa drivers below:

Third party liability coverage

Third party liability coverage is mandatory in every Canadian province and territory. It protects the policyholder if they are injured or their Nissan Versa is damaged in an accident that they caused. Beyond medical bills and vehicle repairs, liability coverage can also pay for legal counsel and court fees. Minimum coverage requirements for third party liability vary by province, so make sure you check the minimum coverage requirements in your province before purchasing a policy for your Nissan Versa.

Accident benefits coverage

Accident benefits coverage is another type of mandatory coverage in Canada. It protects the policyholder if they, a passenger, or a pedestrian require medical attention following a collision. Regardless of which party is at fault for the accident, the policyholder can still receive compensation to pay for medical expenses under the accident benefits portion of their policy.

Comprehensive coverage

Comprehensive coverage offers financial protection against specified perils, such as theft, vandalism, fire, water damage, and more. Many Nissan Versa drivers choose to include this optional coverage type in their policies for the peace of mind it brings.

Accident forgiveness coverage

One final type of optional car insurance coverage that might be available to Nissan Versa drivers is accident forgiveness. Accident forgiveness is additional coverage that can be added to your car insurance policy as an endorsement, to protect your driving record and to help prevent your insurance premium from increasing if you have an at-fault accident claim. Note: coverage varies by province.

Why purchase Nissan Versa auto insurance?

Insuring your Nissan Versa comes with many benefits. First, car insurance is all about financial protection. The moment you purchase a policy, you are protecting yourself, your vehicle, and others on the road. For example, if you find yourself in a collision, your insurance would likely help cover the costs, preventing you from having to pay out-of-pocket. The second reason to purchase Nissan Versa auto insurance is that it is mandatory in Canada. Car insurance isn’t optional, so to avoid severe fines or licence suspension, insuring your Nissan Versa car is a must.

Contact BrokerLink for a free Nissan Versa car insurance quote

Are you ready to purchase Nissan Versa car insurance? Contact BrokerLink today. Whether you want to request a free quote or learn more about mandatory coverage requirements in your province, BrokerLink is here. Give us a call, visit us in person, or use our online quote tool to receive a complimentary auto insurance quote in minutes. No matter how you choose to get in touch, we can’t wait to hear from you!

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FAQs

How can I save money on Nissan Versa car insurance?

There are many ways that Nissan Versa drivers can save money on car insurance. For example, they can choose a less expensive trim model, pay for their insurance policy annually instead of monthly, enrol in a recognized driving school (for young drivers), install winter tires on their Nissan Versa vehicles, and bundle multiple insurance policies together. Of course, another way to save money on car insurance is by working with a broker.

Why purchase Nissan Versa car insurance from an insurance broker?

Many Nissan Versa drivers in Canada choose to purchase auto insurance from insurance brokers. Why? Owing to the many benefits that insurance brokerages offer. Brokers do all the work for you, obtaining and comparing quotes on your behalf and walking you through your policy options. Brokers also work independently of insurance companies, allowing them to offer unbiased, objective advice from start to finish.

What factors affect Nissan Versa car insurance rates?

Many factors determine Nissan Versa car insurance rates beyond the make and model of the vehicle. If the type of vehicle you drove was the only factor that mattered, all Nissan Versa drivers would pay the same amount for car insurance, but this isn’t the case. The reality is that insurance companies in Canada use several factors to calculate insurance premiums. Some of these factors are listed below:

• Location
• Age
• Make, model, and year of vehicle
• Driving record
• Driving experience
• Past claims
• Annual mileage
• Prior insurance coverage
• Your deductible
• Local laws
• How you use your vehicle
• Marital status

For more FAQs, visit the BrokerLink FAQs page.

*This article is in no way sponsored, endorsed, or associated with Nissan.