Updated: January 15, 2025
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Car insurance rates can vary by age. For a 2009 Nissan Altima, a 16-year-old driver could pay up to $6,443 annually for full coverage, whereas a 40-year-old driver would pay a significantly lower rate of around $1,393 per year. Insuring a 2022 Nissan Altima costs $1,681 per year for a 40-year-old driver and a staggering $7,535 per year for a 16-year-old driver.
MoneyGeek even ranked the top insurers that balance affordability with service and claims management.
When it comes to finding the most affordable car insurance for a Nissan Altima, your choice of insurer can significantly impact your annual premiums for both full and minimum coverage. Here’s a breakdown based on the available data:
Cheapest Insurers for Full Coverage
1. 2009 Nissan Altima:
- State Farm: Offers the most affordable premium at $1,014 per year for a 40-year-old driver.
2. 2022 Nissan Altima:
- GEICO: Provides the cheapest full coverage at $1,370 per year for a 40-year-old driver.
For younger drivers, particularly 16-year-olds, the rates are naturally higher due to increased risk factors. For full coverage on a 2022 model, State Farm emerges as the lowest-cost provider at $4,490 per year, whereas Farmers presents the highest rate at $10,026 annually.
Cheapest Insurers for Minimum Coverage
- State Farm consistently ranks as the cheapest for state minimum coverage across Nissan vehicles, offering an annual rate of $505.
Emphasizing Affordability
- State Farm provides compelling value for both full and minimum coverage, especially considering both affordability and the provider's customer satisfaction score of 90 out of 100 by MoneyGeek.
- For newer models like the 2022 Altima, GEICO offers competitive full coverage rates, making it another strong contender for cost-effective insurance.
Given the variance in rates due to factors such as driver age, model year, and location, it's crucial to shop around and compare quotes from different insurers. This strategy ensures you receive the best rates tailored to your specific circumstances.
For a 2009 Nissan Altima, the best car insurance provider according to MoneyGeek is State Farm, which received a MoneyGeek score of 90 out of 100. The annual premium for full coverage through State Farm is $1,014.
For a 2022 Nissan Altima, GEICO is noted as the best provider, offering the cheapest policy for full coverage at $1,370 per year. State Farm is also excellent for this model, especially for young drivers, with premiums as low as $4,490 per year for a 16-year-old driver, still holding a high MoneyGeek score of 90.
Overall, both State Farm and GEICO provide competitive rates and strong service, making them top choices for insuring a Nissan Altima. The choice may depend on the specific circumstances of the driver, like age and location, but State Farm often emerges as the most well-rounded option based on MoneyGeek's ratings.
Age is a significant factor in determining car insurance premiums as it directly correlates with the perceived risk associated with the driver. Generally, younger drivers, particularly teenagers, are seen as higher risk compared to older, more experienced drivers. This is because younger drivers are statistically more likely to be involved in accidents. Consequently, they face higher insurance premiums. Conversely, as drivers age and gain more experience, their risk of being in an accident typically decreases, leading to lower insurance premiums.
Insurance Premiums for a 2009 and 2022 Nissan Altima
2009 Nissan Altima:
- 16-y**ear-old driver: A 16-**year-old driver is likely to pay up to $6,443 annually for full coverage.
- 40-year-old driver: This older driver would pay considerably less, around $1,393 annually.
2022 Nissan Altima:
- 16-year-old driver: For the newer model, a 16-year-old could face an even higher premium of approximately $7,535 per year.
- 40-year-old driver: A 40-year-old driver would see a more affordable rate of about $1,681 annually.
Decreasing Rates Over Time
Insurance rates decrease notably from the teenage years into adulthood. For example, while the cost for a 16-year-old insuring a 2009 Nissan Altima is $6,443, a 40-year-old pays only $1,393, signifying how rates can stabilize and reduce as drivers age. Similarly, a 16-year-old with a 2022 Nissan Altima could pay $7,535 per year, as opposed to a 40-year-old driver spending only $1,681 annually.
Insurance Rate Fluctuations
Besides age, the make and model year of the car also influence premiums. A newer model, such as the 2022 Altima, is typically more expensive to insure than an older 2009 version due to its higher value, expensive parts, and increased theft rates. The average cost for a 2009 model is $1,393, while a 2022 model costs $1,681, reflecting these inherent risks.
Furthermore, specific insurance providers offer varying rates. For instance, State Farm offers the cheapest full coverage for a 2009 Altima at $1,014, compared to GEICO’s best rate for a 2022 Altima at $1,370. This variance demonstrates the importance of shopping around for insurance to secure the most competitive rates.
Final Thoughts
As evidenced, younger drivers face significantly higher premiums than middle-aged drivers. However, as they gain driving experience and age, their rates usually become more manageable. Therefore, exploring different insurance providers to find the best rate while considering factors like location, vehicle model, and personal driving record is essential for keeping costs down, especially for younger drivers.
Why Trust MoneyGeek? We collected thousands of car insurance quotes from Quadrant Information Services to analyze the average rates for a Nissan Altima.
These rates were updated to reflect the average cost of car insurance for a Nissan Altima as of 2023.
The average annual cost to insure a Nissan Altima is $1,551. However, because insurance companies have different pricing policies, you may receive a lower premium from one insurer vs. another for the same level of coverage.
State Farm offers the cheapest car insurance for full coverage on a Nissan Maxima, with a rate of $1,187 per year, while Farmers charges the highest at about $1,807 per year. In addition, State Farm provides the cheapest state minimum coverage for this vehicle, with an annual rate of $505, while Farmers is the most expensive, charging $829 per year.
| State Farm | $1,187 |
| GEICO | $1,266 |
| Nationwide | $1,531 |
| Allstate | $1,567 |
| Travelers | $1,577 |
| Progressive | $1,670 |
| Farmers | $1,807 |
Insurers will take a look at various factors to determine policy rates that match your risk profile. There are several factors that contribute to the Nissan Altima 2022 being moderately priced.
According to the National Highway Traffic Safety Administration (NHTSA), the Nissan Altima has an above-average theft rate. Vehicles with higher theft rates are riskier to insure and receive higher insurance premiums.
When choosing a car insurance policy for your Nissan Altima, you need to consider factors beyond just the cost. MoneyGeek identified the best car insurance providers that offer affordable full coverage premiums, excellent customer service and comprehensive coverage options:
State Farm scored highly for customer satisfaction and offers the most cost-effective policies on average.
Affordable option for Nissan Altima drivers
Received high satisfaction ratings for its service
Offers an essential list of coverage like rental car reimbursement and emergency roadside assistance
No gap insurance coverage
Lower claims management score and few coverage options
State Farm is a well-established insurance provider with a strong reputation for offering comprehensive coverage and excellent customer service, making it an excellent choice for Nissan Maxima owners.
If you own a Nissan Altima, you might find that State Farm's optional coverages, such as car rental and travel expenses coverage and emergency roadside service coverage, meet your needs. The company also provides discounts that can help lower your insurance costs.
Car rental and travel expenses coverage helps pay for the cost of renting a car if your vehicle is in the shop after a covered accident. As long as you get your vehicle repaired by a company within State Farm’s network, you don’t have to pay the rental fees since State Farm will pay them directly. Travel expenses are covered up to $500 if your car isn’t driveable and is 50 miles away from home.
Affordable rates
Earned average customer satisfaction
Offers mechanical breakdown insurance and roadside assistance
Received poor claims management reviews
Low coverage score
GEICO is a well-known provider that Nissan Altima car owners may find appealing. The insurer is both affordable and provides great customer service.
You can take advantage of a number of essential and optional coverage that can be useful for the average driver. If you add on their optional coverage of 24/7 roadside assistance, you can get assistance with jump-starts, flat tire changes, towing and other services. For extra peace of mind, GEICO also offers mechanical breakdown insurance (MBI), which can help reduce out-of-pocket costs for unforeseen car repairs.
This insurer also offers coverage options, including rental car and/or travel reimbursement, accident forgiveness and classic car insurance. While it does score slightly better for claims management than State Farm, its customer service and affordability scores are lower.
Insuring a 2022 Nissan Altima costs $288 more per year than a 2009 Nissan Altima. More specifically, the average cost to insure a 2009 Altima with a full coverage policy is $1,393 annually, while it costs a 2022 Nissan Altima $1,681 per year to insure. This cost discrepancy can be attributed to several factors, including the newer model's increased value, pricier parts and heightened vulnerability to theft.
| 2022 | $1,681 |
| 2021 | $1,635 |
| 2020 | $1,579 |
| 2019 | $1,582 |
| 2018 | $1,557 |
| 2017 | $1,493 |
| 2016 | $1,486 |
| 2015 | $1,452 |
| 2014 | $1,415 |
| 2013 | $1,436 |
| 2012 | $1,430 |
| 2011 | $1,388 |
| 2010 | $1,404 |
| 2009 | $1,393 |
Your choice of insurance provider can have a significant impact on the cost of insuring a particular model year. For example, State Farm offers the most affordable coverage for a 2009 Nissan Altima, with an average premium of $1,014 per year for full coverage. GEICO provides the cheapest policy for a 2022 Nissan Altima at $1,370 per year.
| GEICO | $1,370 |
| State Farm | $1,408 |
| Nationwide | $1,654 |
| Travelers | $1,743 |
| Progressive | $1,857 |
| Allstate | $1,898 |
| Farmers | $2,001 |
Insurance companies evaluate the driver’s age when calculating car insurance premiums. Younger drivers, particularly teenagers and those in their 20s, typically have to pay more due to their higher risk of accidents.
Teen car insurance for a Nissan Altima is generally more expensive. A 16-year-old driver may pay an average of $6,817 per year for full coverage, while a 40-year-old driver may only pay $1,495. It's important for young drivers to understand that their insurance costs may decrease as they get older, with rates leveling out in their 20s.
Teenagers typically face high car insurance costs, particularly when purchasing an individual policy. To reduce teen car insurance expenses, add your teen driver to your family policy. Teens under 18 also might need a parent’s approval to get insurance.
A 16-year-old driving a 2022 Nissan Altima getting their own policy could pay $4,490 per year from State Farm, which is the cheapest insurer. Farmers charges the most, with rates reaching up to $10,026 annually.
Shopping around for car insurance is crucial for young drivers and their families to obtain the best possible rates for their Nissan Altima.
| State Farm | $4,490 |
| GEICO | $6,415 |
| Nationwide | $6,573 |
| Travelers | $6,922 |
| Allstate | $8,762 |
| Progressive | $9,707 |
| Farmers | $10,026 |
Along with the model year and driver age, your location is a vital factor in determining insurance costs. The cheapest insurance provider for a Nissan Altima differs from state to state, with Idaho offering the lowest rates and Florida having the highest. To save money on your insurance policy, make sure to obtain quotes from various insurers in your state and compare them to select the most cost-effective option.
| Alabama | Nationwide | $709 | $59 |
| Alaska | State Farm | $699 | $58 |
| Arizona | Root Insurance Company | $682 | $57 |
| Arkansas | State Farm | $629 | $52 |
| California | AAA California | $1,001 | $83 |
| Colorado | American National P&C | $541 | $45 |
| Connecticut | GEICO | $693 | $58 |
| Delaware | State Farm | $881 | $73 |
| District of Columbia | GEICO | $662 | $55 |
| Florida | State Farm | $1,058 | $88 |
| Georgia | Country Financial | $665 | $55 |
| Hawaii | GEICO | $565 | $47 |
| Idaho | American National P&C | $299 | $25 |
| Illinois | Country Financial | $663 | $55 |
| Indiana | American Family | $555 | $46 |
| Iowa | State Farm | $509 | $42 |
| Kansas | Nationwide | $670 | $56 |
| Kentucky | Nationwide | $790 | $66 |
| Louisiana | Louisiana Farm Bureau | $1,048 | $87 |
| Maine | Concord Group | $521 | $43 |
| Maryland | Progressive | $938 | $78 |
| Massachusetts | State Farm | $483 | $40 |
| Michigan | GEICO | $898 | $75 |
| Minnesota | State Farm | $797 | $66 |
| Mississippi | Direct General Insurance | $723 | $60 |
| Missouri | Nationwide | $909 | $76 |
| Montana | Progressive | $437 | $36 |
| Nebraska | American National P&C | $405 | $34 |
| Nevada | CSAA | $940 | $78 |
| New Hampshire | State Farm | $540 | $45 |
| New Jersey | Plymouth Rock Assurance | $895 | $75 |
| New Mexico | State Farm | $644 | $54 |
| New York | Kemper | $781 | $65 |
| North Carolina | Erie | $630 | $52 |
| North Dakota | American Family | $616 | $51 |
| Ohio | Nationwide | $485 | $40 |
| Oklahoma | State Farm | $662 | $55 |
| Oregon | State Farm | $706 | $59 |
| Pennsylvania | Nationwide | $580 | $48 |
| Rhode Island | State Farm | $700 | $58 |
| South Carolina | American National P&C | $463 | $39 |
| South Dakota | Allstate | $746 | $62 |
| Tennessee | State Farm | $579 | $48 |
| Texas | State Farm | $699 | $58 |
| Utah | Nationwide | $725 | $60 |
| Vermont | State Farm | $493 | $41 |
| Virginia | American Family | $601 | $50 |
| Washington | PEMCO | $534 | $44 |
| West Virginia | Erie | $784 | $65 |
| Wisconsin | GEICO | $556 | $46 |
| Wyoming | State Farm | $745 | $62 |
If you’re a Nissan Altima owner or planning to buy one, MoneyGeek offers answers to the most frequently asked questions about this car when it comes to insurance costs and quality.
On average, Nissan Altima insurance rates are moderately priced, amounting to approximately $1,551 per year for full coverage, which is less expensive compared to the average annual car insurance cost of $2,415 for other car makes and models. State Farm is the cheapest insurer for this type of vehicle, charging around $1,187 annually.
State Farm (MoneyGeek score of 90 out of 100) has the best car insurance for a Nissan Altima. It ranks highly in affordability and customer satisfaction.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
