How many years has it been since you compared cheaper Nissan Rogue insurance in Chicago? Having to pay for expensive insurance in Chicago can consume your savings account and force you to cut corners elsewhere. Doing a rate analysis can save money and help to reduce premiums and put more money in your pocket.
A recent NerdWallet.com study revealed that a large majority of insurance policyholders have been with the same company for a minimum of four years, and roughly 40% of drivers have never taken the time to shop around. Illinois drivers can save up to $586 each year just by shopping around, but they don’t believe the rate savings if they replace their high priced policy.
Consumers have many insurance companies to pick from, and even though it’s nice to have a choice, more choices can make it harder to find the best rates for your vehicles.
You need to check insurance prices quite often because rates are usually higher with each renewal. Just because you had the lowest rate on Nissan Rogue insurance in Chicago a year ago other companies may now be cheaper. You’ll find quite a bit of inaccurate information about Rogue insurance online, but you can learn a bunch of ideas how to slash your insurance rates in Chicago.
This information will help educate you on how insurance works and some tips to save money. If you have a policy now, you will surely be able to cut your premiums using the ideas covered in this article. Nevertheless, Illinois consumers can benefit from knowing the way companies set your policy premium and use it to your advantage.
Affordable car insurance in Chicago, IL
The following companies are our best choices to provide price quotes in Illinois. If the list has multiple companies, we recommend you get rate quotes from several of them in order to find the lowest rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Rogue S 2WD | $174 | $334 | $334 | $20 | $100 | $962 | $80 |
| Rogue S AWD | $172 | $336 | $278 | $16 | $84 | $886 | $74 |
| Rogue SL 2WD | $174 | $334 | $310 | $18 | $92 | $928 | $77 |
| Rogue SL AWD | $202 | $400 | $294 | $18 | $88 | $1,002 | $84 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Illinois minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Rates do not factor in specific Chicago garaging location which can decrease or increase coverage prices substantially.
Should you buy full coverage?
The example below illustrates the comparison of Nissan Rogue car insurance costs with and without full coverage. The rate quotes are based on no violations or claims, $1,000 deductibles, married male driver, and no discounts are taken into consideration.
Guidelines for dropping full coverage
There is no definitive formula that works best for making the decision to drop full coverage on your policy, but there is a general school of thought. If the annual cost of coverage is more than 10% of any settlement you would receive from your insurance company, then it’s probably a good time to buy liability coverage only.
For example, let’s say your Nissan Rogue replacement cost is $8,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $7,000 after paying the physical damage deductible. If it’s costing in excess of $700 annually to have full coverage, then it might be time to consider dropping full coverage.
There are some circumstances where buying only liability insurance is not advised. If you still owe a portion of the original loan, you have to carry full coverage in order to keep the loan. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should not opt for liability only.
Impact of speeding/accidents on Chicago auto insurance rates
The information below demonstrates how traffic citations and at-fault accidents impact Nissan Rogue insurance prices for different insured age categories. The costs are based on a single female driver, comprehensive and collision coverage, $100 deductibles, and no discounts are taken into consideration.
Affordable rates with these six discounts
Auto insurance is neither fun to buy or cheap, but there could be significant discounts to reduce the price significantly. Some discounts apply automatically when you complete an application, but some must be specifically requested before you will receive the discount.
- Discounts for Seat Belt Usage – Forcing all vehicle occupants to wear their seat belts can save up to 10 percent (depending on the company) off the medical payments premium.
- Low Mileage – Low annual miles can earn lower prices on the low mileage vehicles.
- College Student – College-age children who are enrolled in higher education away from home without a vehicle on campus may be able to be covered for less.
- ABS and Traction Control Discounts – Cars, trucks, and SUVs that have steering control and anti-lock brakes are safer to drive and therefore earn up to a 10% discount.
- Discount for Home Ownership – Being a homeowner can help you save on auto insurance because of the fact that having a home is proof of financial responsibility.
- Senior Citizen Discount – Mature drivers may be able to get a discount up to 10%.
As a disclaimer on discounts, some of the credits will not apply to all coverage premiums. Most only cut the price of certain insurance coverages like liability, collision or medical payments. Just because it seems like you could get a free auto insurance policy, companies wouldn’t make money that way.
A few companies that may include most of the discounts above include:
When getting a coverage quote, ask all the companies the best way to save money. Some discounts might not be offered in every state. To see a list of insurers offering auto insurance discounts in Illinois, click here.
Compare rate quotes but still have a local neighborhood Chicago car insurance agent
Some consumers still prefer to sit down with an agent and doing so can bring peace of mind The best thing about comparing insurance prices online is the fact that you can find cheap auto insurance quotes but also keep your business local. And supporting local insurance agents is especially important in Chicago.
For easy comparison, once you complete this quick form, your insurance coverage information gets sent to agents in your area who want to provide quotes for your coverage. You don’t have to contact any agents due to the fact that quote results will go to you. You can most likely find cheaper rates AND an agent nearby. If you need to get a rate quote from a specific company, you can always visit that company’s website and fill out the quote form the provide.
Selecting an insurer needs to be determined by more than just a low price. These are some valid questions you should ask.
- How long have they worked with personal auto insurance coverage?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- What is the financial rating for the quoted company?
- Are there any extra charges for paying monthly?
- Can glass claims be handled at your home?
Once you have good responses to your questions and an affordable coverage quote, you may have found an provider that is reliable enough to provide auto insurance coverage.
The auto insurance bait and switch
Big name companies like State Farm and Allstate continually stream television and radio advertisements. All the ads say the same thing that people will save if you change your auto insurance policy to them. How does every auto insurance company save you money on Nissan Rogue insurance in Chicago? This is the trick they use.
Auto insurance companies offer their best rates for the type of customer that makes them money. An example of this type of risk profile might be described as married and over the age of 30, insures multiple vehicles, and drives a lower-performance vehicle. A customer that fits those parameters may get the lowest premium rates in Chicago and will save some money.
Consumers who do not meet these stringent criteria will have to pay higher premium rates which usually ends up with business going elsewhere. The ads say “customers who switch” but not “everyone who gets a quote” save that much. That is how companies can truthfully advertise the way they do.
This really illustrates why you really need to quote coverage with many companies. Because without a comparison, you cannot know with any certainty which company will provide the lowest Nissan Rogue insurance in Chicago.
Educate yourself about auto insurance coverages
Knowing the specifics of a auto insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be impossible to understand and reading a policy is terribly boring. Listed below are typical coverage types available from auto insurance companies.
Comprehensive protection – This pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers claims like hitting a bird, theft and hail damage. The maximum amount your auto insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.
Uninsured or underinsured coverage – This provides protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Nissan Rogue.
Due to the fact that many Illinois drivers only carry the minimum required liability limits (which is 20/40/15), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Normally the UM/UIM limits are set the same as your liability limits.
Liability car insurance – This can cover damages or injuries you inflict on people or other property that is your fault. It protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.
Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 20/40/15 which stand for $20,000 bodily injury coverage, a limit of $40,000 in injury protection per accident, and property damage coverage for $15,000. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.
Liability can pay for claims like bail bonds, repair bills for other people’s vehicles and legal defense fees. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy higher limits if possible. Illinois state law requires minimum liability limits of 20/40/15 but you should think about purchasing more coverage.
Collision – This coverage will pay to fix damage to your Rogue resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage protects against things like crashing into a building, rolling your car, colliding with another moving vehicle and hitting a parking meter. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. It’s also possible to raise the deductible on your Rogue to get cheaper collision coverage.
Medical expense coverage – Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses such as pain medications, funeral costs, rehabilitation expenses, doctor visits and nursing services. The coverages can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants as well as any family member struck as a pedestrian. PIP is only offered in select states and gives slightly broader coverage than med pay
In conclusion
While you’re price shopping online, it’s very important that you do not sacrifice coverage to reduce premiums. There are many occasions where someone sacrificed full coverage and learned later they didn’t have enough coverage. The ultimate goal is to find the BEST coverage at the best price while not skimping on critical coverages.
Lower-priced Nissan Rogue insurance in Chicago is attainable online in addition to many Chicago insurance agents, so you should compare both to have the best rate selection. Some insurance providers may not have rates over the internet and these small, regional companies only sell through independent agencies.
We’ve covered some good ideas how to compare Nissan Rogue insurance premium rates in Chicago. The key concept to understand is the more times you quote, the better chance you’ll have of finding affordable Chicago auto insurance quotes. You may even be surprised to find that the best price on insurance is with the least-expected company. Regional companies may only write in your state and offer lower prices than the large multi-state companies such as State Farm or Progressive.
More information is located at the links below
- Understanding Your Insurance Deductible (Insurance Information Institute)
- How Much is Chicago Auto Insurance for 17 Year Olds? (FAQ)
- Who Has Cheap Car Insurance Quotes for Uninsured Drivers in Chicago? (FAQ)
- What Insurance is Cheapest for a Chevrolet Malibu in Chicago? (FAQ)
- Who Has the Cheapest Car Insurance Rates for Police Officers in Chicago? (FAQ)
- A Tree Fell on Your Car: Now What? (Allstate)
- Vehicle Insurance in the U.S. (Wikipedia)
- Five Tips to Save on Auto Insurance (Insurance Information Institute)