Nissan car insurance

About Nissan

Nissan dates back to 1933 when it was founded in Yokohama, Japan. The brand began with domestic production only before expanding worldwide in the 1950s. Today, Nissan is one of the largest automakers in the world, with manufacturing locations throughout Asia, Australia, North America, South America, Africa, and Europe. They are especially popular in China and the United States, with over a million car sales each year, respectively.

Today, Nissan’s fleet includes the likes of sedans, crossovers, SUVs, sports cars, and even a pickup truck, the Frontier. Meanwhile, the company is one of the world’s leading electric vehicle manufacturers (its all-electric Nissan LEAF is the number two best-selling electric car in the world, just behind the Tesla Model 3). Like Tesla, Nissan also has been experimenting with autonomous driving and is currently working on a fleet of driverless cars.

Whether you admire Nissan for its consistently high safety and reliability ratings or innovative and eco-friendly technology, there are plenty of reasons why Canadians purchase Nissan vehicles.

Fun facts about Nissan

• One of the co-founders of Nissan, Yoshisuke Aikawa, had previously founded a holding company called Nihon Sangyo. The name Nissan was inspired by the abbreviation used on the Tokyo Stock Exchange for this company, NiSan.
• Nissan has been part of the Renault-Nissan-Mitsubishi Alliance since 1999 (though Mitsubishi only joined in 2016).
• Nissan introduced its first battery-powered vehicle back in 1997. However, it wasn’t until 2010 that they unveiled the Nissan LEAF, which is largely considered the first mass-market, all-electric vehicle. As of December 2020, Nissan had sold over 500,000 LEAF vehicles worldwide.

Nissan auto insurance coverages

No matter which Nissan you purchase, whether you go with the Rogue, the LEAF, or the Sentra, you will need an auto insurance policy to go with it. Car insurance policies feature a range of different car insurance coverages, some of which are mandatory and some of which are optional. Canadian drivers will not only have to choose which optional coverage types to purchase (if any), they will also need to choose a coverage amount for each type. We’ve outlined the most common Nissan coverages below. However, if you have any questions about the minimum coverage requirements in your province or aren’t sure which coverages are right for you, contact BrokerLink to speak with an expert.

Third party liability coverage

Liability coverage is required no matter where you live in Canada. It aims to protect the policyholder if they are injured or their car is damaged in an accident they caused. Beyond medical expenses and vehicle repairs, liability coverage can also help pay for any necessary legal representation and court fees.

Accident benefits coverage

Accident benefits coverage is another type of mandatory coverage in Canada. It protects you in the event that you, a passenger, or a pedestrian require medical attention following a collision. Regardless of who is liable for the collision, the policyholder can still recover compensation under the accident benefits portion of their policy.

Collision coverage

Collision coverage is optional but may provide Nissan drivers with added peace of mind. This type of coverage protects the policyholder if they are in an accident with another vehicle or object. Like accident benefits coverage, it covers the policyholder regardless of whether they are at fault for the accident. However, unlike accident benefits coverage, collision coverage only provides compensation for property damage resulting from the accident, not bodily injuries (injuries are covered under the accident benefits portion of the policy).

Comprehensive coverage

For the greatest level of financial protection on the road, look no further than comprehensive coverage. Many Canadians choose to purchase insurance with comprehensive coverage so that their vehicle is protected against theft, vandalism, fire, and water damage. Without comprehensive coverage, your vehicle will likely only be protected if you get into an accident.

Accident forgiveness coverage

If you purchase Nissan auto insurance with accident forgiveness, your insurance premium won’t increase after you get in your first at-fault collision. Like comprehensive coverage, accident forgiveness coverage is optional but may be worthwhile for Nissan drivers in Canada.

Direct compensation coverage

If you get into an accident that is not your fault, direct compensation coverage can help cover the costs. For this type of coverage, you must file a claim directly with their insurance company to receive compensation. Direct compensation is mandatory.

Uninsured automobile coverage

One final type of coverage, which is mandatory, is uninsured automobile coverage. This type of coverage protects you and any passengers in your vehicle if you get into a collision with an at-fault driver who is either uninsured or underinsured.

Factors that impact Nissan car insurance rates

Insurers consider several factors when calculating insurance premiums. Age, location, marital status, driving record, and claims history can all affect your car insurance rate. Nissan drivers must find it helpful to understand exactly which details can affect how much they pay for car insurance. A few of the most common factors influencing car insurance costs are below:

Age

Age is often used to determine insurance rates. To an insurance company, age and risk go hand-in-hand. Young drivers with little to no driving experience tend to pay the highest premiums. Seniors, on the other hand, may also pay more for car insurance for several reasons.

Location

The part of the country you live and work in can also affect your insurance premium. For example, if you live in a populous urban area like Toronto or Montreal, with more traffic on the road, your insurance could cost more. In contrast, Canadian drivers who reside in rural parts of the country may have lower insurance rates. Further, if you live in a region that is prone to climate related weather incidents, such as floods, you may pay more for Nissan auto insurance.

Annual mileage

The number of kilometres you drive each year is another factor that insurance companies will consider. If you drive a below-average amount of time, such as on the weekends only, your insurance premium may be lower because your odds of getting into an accident are less. Conversely, if you spend a lot of time on the road, or you frequently drive at night or on major highways, your Nissan car insurance may cost more.

Driving experience and record

A person’s driving history, which includes their driving experience and driving record, can be used to determine their car insurance rate. If you have limited driving experience, which most young drivers do, you may pay more for car insurance. However, having years or even decades of driving experience isn’t enough to lower your insurance premium. You must also have a clean driving record. A clean record indicates that you are a safe and responsible driver. If your record is filled with speeding tickets and collisions, you pose a greater risk to the road and your insurance may go up.

Model and year of Nissan

Which Nissan model you purchase, and whether you purchase a new or used Nissan, can also impact your car insurance rate. Generally speaking, the more expensive the vehicle, the more it will cost to insure. Tricking it out with custom trims can also increase the cost of insurance. If you’re looking to save money on your Nissan car insurance, consider buying one of the brand’s less expensive models or buying an older, used Nissan rather than a new one.

Marital status

One last factor that can affect how much you pay for Nissan car insurance is your marital status. Statistics suggest that married couples are more responsible, so it may be considered when your insurance premium is calculated.

How to get cheap Nissan car insurance

Although Nissans are generally considered to be affordable vehicles, car insurance can still be expensive. As mentioned above, several factors beyond the make and model of your vehicle can impact your auto insurance rate. Luckily, there are ways you can minimize how much you pay for car insurance, no matter your circumstances. From installing winter tires on your vehicle to choosing a hybrid or electric model, check out BrokerLink’s top tips for getting cheap Nissan car insurance below:

• Purchase car insurance for multiple vehicles together (savings of up to 20%)
• Buy multiple insurance policies (home insurance + car insurance, leisure vehicle insurance + car insurance, etc…) from the same provider (savings of up to 15%)
• Increase your deductible
• Enrol in driving school (for young drivers)
• Pay auto insurance annually rather than monthly
• Install winter tires on your Nissan (savings of up to 5%, depending on the province)
• Purchase an eco-friendly vehicle like the Nissan LEAF (savings of up to 10%)

Consult with an insurance broker

One final way to save money on car insurance is to consult with an insurance broker. A reputable insurance broker like BrokerLink can help you obtain and compare quotes and unlock discounts to ensure you find the best price for your Nissan car insurance.

Our expert insurance advisors have experience finding car insurance for all makes of vehicles, including Nissan. We also know how to find car insurance within a wide range of budgets. To get the most competitive rate on your Nissan car insurance, contact BrokerLink today.

Talk to a BrokerLink expert about your Nissan car insurance

Want to learn more about Nissan car insurance? The BrokerLink team is always here.

When you work with BrokerLink, your insurance provider will be with you every step of the way, answering your questions, explaining complicated industry jargon, and helping you find your perfect policy.

BrokerLink is also pleased to offer free car insurance quotes to all Canadian drivers. Give us a call and speak directly with a broker or use our online car insurance calculator.

All BrokerLink quotes are 100% obligation-free.

What are you waiting for? Start your car insurance journey today. BrokerLink is always available to take your calls, answer your emails, or chat in person at one of our many locations in Canada.

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Nissan auto insurance FAQs

What is the cheapest Nissan car to insure?

Typically, the less expensive the car, the less it costs to insure. In Canada, the least expensive Nissan sedans are the Sentra and Versa, while the cheapest Nissan CUVs and SUVs are the KICKS and Qashqai. That said, insurance companies consider a number of factors when calculating car insurance rates for Nissans. Therefore, purchasing a Nissan Versa as opposed to the more expensive Altima or Maxima doesn’t automatically mean you’ll pay less for car insurance.

Is it safe to buy Nissan auto insurance online?

Yes, it is safe to shop for and buy Nissan car insurance online, but it isn’t always easy to do so. Buying car insurance at a competitive price, whether in-person or online, requires a certain amount of shopping around. Shopping around can be stressful and time-consuming. That is why we recommend working with an insurance broker. For example, the BrokerLink team does all the heavy lifting. We browse coverage options, compare quotes on your behalf, and offer our unbiased opinion as to the best car insurance for you and your family.

Is Nissan car insurance mandatory in Canada?

Yes, Nissan car insurance is mandatory no matter where you live in Canada. Each province and territory has its own regulations around car insurance. It’s important to understand the minimum coverage requirements for auto insurance in your province so that you choose a policy that complies with provincial law. If you aren’t sure which coverage types are mandatory where you live, contact BrokerLink today. Our insurance advisors will not only explain the mandatory requirements to you, they will help you find a quality car insurance policy that meets these requirements.

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