Do you want to save money by finding more affordable car insurance rates in Detroit, MI? Detroit consumers have a choice when looking for the lowest priced Nissan Murano insurance. You can either spend your time struggling with agents getting price quotes or use the internet to make rate comparisons. There are both good and bad ways to shop for car insurance so you’re going to learn the best way to price shop coverage for a new or used Nissan and find the lowest possible price either online or from Detroit insurance agents.
It’s a great practice to get comparison quotes yearly since prices are rarely the same from one policy term to another. If you had the lowest quotes on Nissan Murano insurance in Detroit on your last policy you can probably find a lower rate today. Forget all the misinformation about car insurance because I’m going to let you in on the secrets to one of the easiest ways to get good coverage on Nissan Murano insurance in Detroit at a lower rate.
Shop Nissan Murano insurance online
The providers in the list below provide comparison quotes in Michigan. In order to find cheap car insurance in Detroit, it’s highly recommended you visit as many as you can to find the lowest auto insurance rates.
Nissan Murano insurance coverage information
The premium information displayed below outlines a range of insurance premium costs for Nissan Murano models. Knowing how insurance prices are determined is important for drivers to make informed decisions when comparing rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Murano S 2WD | $334 | $602 | $650 | $38 | $194 | $1,818 | $152 |
| Murano S AWD | $334 | $602 | $650 | $38 | $194 | $1,818 | $152 |
| Murano SL 2WD | $334 | $602 | $650 | $38 | $194 | $1,818 | $152 |
| Murano SL AWD | $334 | $602 | $650 | $38 | $194 | $1,818 | $152 |
| Murano LE 2WD | $376 | $710 | $650 | $38 | $194 | $1,968 | $164 |
| Murano LE AWD | $376 | $710 | $650 | $38 | $194 | $1,968 | $164 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Michigan minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Information does not factor in vehicle garaging location which can modify auto insurance rates substantially.
An analysis of deductible level
The hardest decision when buying coverage is which deductible level should you buy. The comparison tables below can help you understand how much more rates are between high and low physical damage deductibles. The first set of rates uses a $100 physical damage deductible and the second price table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Murano S 2WD | $594 | $1074 | $690 | $40 | $206 | $2,629 | $219 |
| Murano S AWD | $594 | $1074 | $690 | $40 | $206 | $2,629 | $219 |
| Murano SL 2WD | $594 | $1074 | $690 | $40 | $206 | $2,629 | $219 |
| Murano SL AWD | $594 | $1074 | $690 | $40 | $206 | $2,629 | $219 |
| Murano LE 2WD | $670 | $1264 | $690 | $40 | $206 | $2,895 | $241 |
| Murano LE AWD | $670 | $1264 | $690 | $40 | $206 | $2,895 | $241 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Murano S 2WD | $434 | $726 | $690 | $40 | $206 | $2,096 | $175 |
| Murano S AWD | $434 | $726 | $690 | $40 | $206 | $2,096 | $175 |
| Murano SL 2WD | $434 | $726 | $690 | $40 | $206 | $2,096 | $175 |
| Murano SL AWD | $434 | $726 | $690 | $40 | $206 | $2,096 | $175 |
| Murano LE 2WD | $490 | $854 | $690 | $40 | $206 | $2,280 | $190 |
| Murano LE AWD | $490 | $854 | $690 | $40 | $206 | $2,280 | $190 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Michigan minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Price estimates do not factor in vehicle garaging location which can lower or raise rates noticeably.
Based on this data, using a $100 deductible costs approximately $46 more each month or $552 a year than requesting the higher $500 deductible. Since you would have to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you have at least 9 months between claims, you would save more money by going with a higher deductible. Here is how you can make this decision for your own policy.
| Average monthly premium for $100 deductibles: | $226 |
| Average monthly premium for $500 deductibles (subtract): | – $180 |
| Monthly savings from raising deductible: | $46 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $46 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 9 months |
One thing to note is that a higher deductible level means you pay more out-of-pocket at claim time. That will necessitate some savings in the bank in order to pay the deductible for vehicle repair.
The chart below demonstrates how deductibles and can impact Nissan Murano insurance premiums for different age groups. The premiums are based on a single female driver, comp and collision included, and no discounts are factored in.
Difference between full coverage and liability only rates
The example below visualizes the comparison of Nissan Murano car insurance rates with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The costs are based on a clean driving record, no at-fault accidents, $500 deductibles, drivers are not married, and no other discounts are factored in.
When to stop buying full coverage
There is no definitive guideline that is best for determining when to drop physical damage coverage on your policy, but there is a guideline you can use. If the annual cost of your full coverage insurance is more than about 10% of the settlement you would receive from your company, then you may want to consider only buying liability coverage.
For example, let’s say your Nissan Murano replacement cost is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $7,000 after paying the physical damage deductible. If you are currently paying more than $700 a year for your policy with full coverage, then you may want to consider only buying liability coverage.
There are some cases where dropping full coverage is not a good plan. If you still have a lienholder on your title, you are required to maintain full coverage in order to keep the loan. Also, if you don’t have enough money to buy a different vehicle if your current one is in an accident, you should not consider dropping full coverage.
Three reasons to not skimp on auto insurance
Even though Detroit Murano insurance rates can get expensive, auto insurance is not optional due to several reasons.
First, most states have minimum liability requirements which means you are required to carry a minimum amount of liability coverage if you don’t want to risk a ticket. In Michigan these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if your car has a loan, it’s most likely the lender will stipulate that you buy full coverage to guarantee their interest in the vehicle. If you cancel or allow the policy to lapse, the bank may buy a policy for your Nissan at a significantly higher premium and force you to reimburse them for the much more expensive policy.
Third, auto insurance protects not only your Nissan Murano but also your financial assets. It also can pay for all forms of medical expenses for you, your passengers, and anyone else injured in an accident. Liability insurance, one of your policy coverages, also pays expenses related to your legal defense if you are sued as the result of an accident. If your car is damaged in a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to repair the damage minus the deductible amount.
The benefits of having insurance definitely exceed the cost, especially if you ever need it. An average driver in America is overpaying over $810 a year so we recommend shopping around every year to save money.
Smart Consumers Can Cut Their Insurance Rates
Lots of things are part of the calculation when pricing auto insurance. Some are pretty understandable such as your driving history, but some are more obscure like your vehicle usage or how safe your car is. One of the most helpful ways to save on insurance is to to have a grasp of a few of the rating criteria that help calculate your insurance rates. If you have a feel for what controls the rates you pay, this enables informed choices that will entitle you to much lower annual insurance costs.
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Gals pay lower premiums – Over the last 30 years, statistics show that women are safer drivers than men. The data does not necessarily mean that females are better at driving than males. Both sexes cause auto accidents in similar numbers, but the men tend to have higher claims. They also receive more major tickets such as reckless driving. Youthful male drivers cause the most accidents so they pay the highest premiums.
The illustration below visualizes the comparison of Nissan Murano insurance costs for male and female drivers. The price estimates are based on no accidents, no driving violations, full coverage, $500 deductibles, single status, and no discounts are factored in.
- Vocation impacts rates – Do you have a high-stress occupation? Careers such as military generals, social workers, and financial analysts tend to have higher premium rates attributed to intense work-related stress and long work days. On the other hand, jobs such as farmers, historians and homemakers have lower than average premiums.
- Don’t skimp on liability insurance – The liability coverage on your policy will provide protection if ever you are ruled to be at fault for damages caused by your negligence. This coverage provides you with a defense in court which can cost thousands of dollars. Liability insurance is pretty cheap compared to insuring for physical damage coverage, so drivers should make sure they buy enough to cover all assets.
- Never allow your coverage to lapse – Going without insurance is a fast way to drive up your policy premiums. Not only will rates go up, being ticketed for driving with no insurance may result in a hefty fine and possibly a revoked license. You may then have to prove you have insurance by filing a SR-22 with the Michigan motor vehicle department to get your license reinstated.
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Insurance loss statistics a Nissan Murano – Car insurance companies include the past claim history for a vehicle when setting premium prices. Models that the data shows to have higher loss trends will have increased rates.
The next table shows the actual insurance loss data for Nissan Murano vehicles. For each policy coverage, the claim amount for all vehicles averaged together is considered to be 100. Percentages below 100 are indicative of better than average losses, while values over 100 point to more frequent losses or an increased chance of larger losses than average.
Nissan Murano Insurance Claim Statistics Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Nissan Murano 4dr 2WD 79 105 Nissan Murano 4dr 4WD 102 66 98 84 BETTERAVERAGEWORSEEmpty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Affordable Detroit insurance quotes with discounts
Companies offering auto insurance don’t necessarily list all possible discounts very clearly, so the below list has a few of the more common and also the lesser-known ways to save on insurance.
- Discount for Home Ownership – Owning a house in Detroit can get you a discount because maintaining a house shows financial diligence.
- Paper-free Discount – A few larger online companies give back up to $50 for completing your application on your computer.
- Accident Forgiveness Coverage – This one is not really a discount per se, but some insurance companies will forgive one accident before your rates go up as long as you don’t have any claims for a certain period of time.
- More Vehicles More Savings – Having all your vehicles on one policy can reduce rates for all insured vehicles.
- Organization Discounts – Having an affiliation with specific professional or occupational memberships or organizations could earn you a nice discount on insurance.
Policy discounts save money, but most credits do not apply to the whole policy. Most only reduce the price of certain insurance coverages like collision or personal injury protection. Just because it seems like adding up those discounts means a free policy, companies wouldn’t make money that way. But any discount should definitely cut the cost of coverage.
The illustration below shows the comparison of Nissan Murano auto insurance rates with and without discounts. The premiums assume a male driver, no tickets, no at-fault accidents, Michigan state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, claim-free, homeowner, multi-policy, and marriage discounts applied.
A list of companies and a summarized list of policyholder discounts are shown below.
- GEICO may offer discounts for anti-theft, emergency military deployment, daytime running lights, military active duty, and membership and employees.
- MetLife may include discounts for accident-free, good driver, good student, multi-policy, claim-free, defensive driver
- State Farm may have discounts that include driver’s education, multiple policy, safe vehicle, Drive Safe & Save, good driver, multiple autos, and accident-free.
- Progressive offers premium reductions for continuous coverage, homeowner, online quote discount, multi-vehicle, online signing, good student, and multi-policy.
- Mercury Insurance has discounts for low natural disaster claims, multi-car, age of vehicle, multi-policy, accident-free, and location of vehicle.
- 21st Century offers discounts for teen driver, air bags, early bird, homeowners, anti-lock brakes, good student, and driver training.
- Allstate has savings for safe driver, resident student, early signing, good student, and premier discount.
Check with each company or agent how you can save money. All car insurance discounts may not be available in Detroit. If you would like to choose from a list of providers that offer discounts in Detroit, click here.
Insurance agent or online?
Some people just prefer to visit with an insurance agent and we recommend doing that Good insurance agents are highly skilled in risk management and help file insurance claims. One of the benefits of price shopping on the web is that you can obtain cheap auto insurance rates and still choose a local agent.
Upon completion of this short form, your insurance coverage information is instantly submitted to companies in Detroit that can give you free Detroit auto insurance quotes for your business. You never need to leave your computer as quotes are delivered to the email address you provide. If you have a need to quote rates for a specific company, feel free to jump over to their website to submit a rate quote request.
Finding the right company requires you to look at more than just the price. Get answers to these questions too.
- Is the agent properly licensed in Michigan?
- Do you need full coverage on every vehicle?
- How long has the business existed?
- Does the agency support the community they serve?
- Are they able to influence company decisions when a claim is filed?
- Do they get extra compensation for selling add-on coverages?
Listed below is a list of auto insurance companies in Detroit that may be willing to give comparison quotes for Nissan Murano insurance in Detroit.
- PD Dandnaik – State Farm Insurance Agent
W, 7725 Vernor Hwy – Detroit, MI 48209 – (313) 554-1500 – View Map - L.A. Insurance
17516 Livernois Ave – Detroit, MI 48221 – (313) 863-6000 – View Map - Tony Massey – State Farm Insurance Agent
15 E Kirby St #112 – Detroit, MI 48202 – (313) 873-3334 – View Map - Cagwin Insurance Agency
3031 W Grand Blvd #320 – Detroit, MI 48202 – (313) 875-9147 – View Map
Smart shoppers get results
People switch companies for a variety of reasons including not issuing a premium refund, high rates after DUI convictions, policy cancellation and high prices. Regardless of your reason for switching companies, choosing a new company can be easy and end up saving you some money.
Cheaper Nissan Murano insurance in Detroit is available on the web and with local Detroit insurance agents, and you should compare rates from both to have the best selection. Some insurance companies don’t offer price quotes online and many times these regional carriers provide coverage only through independent insurance agencies.
When buying insurance coverage, you should never buy less coverage just to save a little money. There have been many situations where consumers will sacrifice uninsured motorist or liability limits and learned later that the small savings ended up costing them much more. Your strategy should be to buy enough coverage at a price you can afford, not the least amount of coverage.
How to save on Nissan Murano insurance in Detroit
It takes a few minutes, but the best way to get low-cost car insurance rates is to start doing an annual price comparison from different companies in Detroit.
- Take a few minutes and learn about the different coverages in a policy and the things you can change to keep rates in check. Many factors that cause high rates such as tickets, at-fault accidents, and poor credit history can be rectified by making minor driving habit or lifestyle changes.
- Compare price quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only give rate quotes from one company like Progressive or Farmers Insurance, while agents who are independent can provide price quotes from multiple companies.
- Compare the new rate quotes to the premium of your current policy to determine if switching companies saves money. If you can save money and buy the policy, make sure there is no lapse in coverage.
- Provide adequate notice to your current company to cancel your existing policy and submit the application along with any required down payment to your new insurance company. Once the paperwork is finalized, place the new certificate verifying coverage in an easily accessible location in your vehicle.
The key thing to know about shopping around is to make sure you enter identical deductibles and limits on each quote request and and to compare as many companies as feasibly possible. Doing this provides an accurate price comparison and the best rate selection.
To read more, feel free to browse the resources below:
- Car Insurance: When not to Skimp (BankRate.com)
- Who Has the Cheapest Auto Insurance Quotes for Teenage Females in Detroit? (FAQ)
- What Car Insurance is Cheapest for First-time Drivers in Detroit? (FAQ)
- Who Has the Cheapest Detroit Auto Insurance Rates for a Honda CR-V? (FAQ)
- What Insurance is Cheapest for 19 Year Olds in Detroit? (FAQ)
- What Car Insurance is Cheapest for Hybrid Vehicles in Detroit? (FAQ)
- Who has the Cheapest Auto Insurance Quotes in Detroit, MI? (DetroitInsure.com)
- What is the Best Car Insurance in Detroit? (DetroitInsure.com)
- What Does No-Fault Insurance Cover? (Allstate)
- Safe Vehicles for Teens (iihs.org)
- Insurance Losses by Make and Model (iihs.org)