Updated: January 15, 2025
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Driver’s age and model year significantly influence auto insurance rates for the Nissan Versa.
The average annual premium of a 2009 Nissan Versa for a 16-year-old is $5,657, while the same policy is $1,229 on average for a 40-year-old. Similarly, a 2022 model will only cost a 40-year-old driver $1,546 a year compared to a 16-year-old driver at $6,963 annually.
MoneyGeek ranked the top insurers by evaluating pricing, customer service and claims experience.
When considering affordable insurance options for a Nissan Versa, both minimum and full coverage premiums vary significantly, primarily influenced by the driver's age and the car's model year. Here are the key takeaways for affordability in insuring a Nissan Versa:
Full Coverage Insurance
- State Farm offers the most affordable full coverage insurance for a Nissan Versa, with an average annual premium of $1,067.
- In contrast, Farmers has the highest rates for full coverage at $1,656 annually.
For specific model years:
- A 2009 Nissan Versa averages $1,229 annually for a 40-year-old driver, but only $939 with State Farm.
- A 2022 model average is $1,546, which increases by $317 from the 2009 model, but can be insured through State Farm for $1,244.
- A 16-year-old driver faces significantly higher premiums, paying about $6,963 for a 2022 model, with cheaper rates from State Farm at $2,953 annually for a 2009 model.
Minimum Coverage Insurance
- For the minimum coverage, State Farm remains the cheapest option at $511 annually.
- On the higher end, Farmers charges $778 per year for minimum coverage.
Recommendations
- State Farm not only provides the most affordable rates for both full and minimum coverage but also offers a high customer service rating (MoneyGeek score: 90/100), ensuring excellent service.
- GEICO is another competitively priced option, especially for specific model years like the 2021 Nissan Versa, at $1,225 annually.
By comparing insurance providers and considering factors such as service quality and personal circumstances, including the insured's age and vehicle year, drivers can secure the most cost-effective and comprehensive coverage for their Nissan Versa.
Based on the data and evaluations provided, the best car insurance provider for a Nissan Versa is State Farm. State Farm offers the lowest average annual premium for full coverage at $1,067, along with a high MoneyGeek score of 90 out of 100. This reflects its comprehensive balance of affordability and customer service, making it an excellent choice for insuring a Nissan Versa.
Although other providers like GEICO also offer competitive rates and good customer service, State Farm remains the most cost-effective option in this comparison. This is particularly advantageous for drivers of both older and newer models of the Nissan Versa, as well as those seeking to insure teenage drivers by taking advantage of potentially lower family rates.
Age is a crucial factor that affects car insurance premiums, primarily because it correlates with driving experience and risk. Younger drivers, particularly teenagers, are considered high-risk due to their inexperience and propensity for accidents. As drivers age and gain experience, their risk profile generally improves, leading to lower insurance premiums.
Insurance Premiums for a 2009 Nissan Versa:
- 16-year-old Driver: The average annual premium is $5,657. Young drivers face higher rates due to the increased likelihood of accidents.
- 40-year-old Driver: The premium drops significantly to $1,229 annually. This reduction is due to the driver's greater experience and lower risk profile.
Insurance Premiums for a 2022 Nissan Versa:
- 16-year-old Driver: Insurance costs increase to $6,963 annually for a newer model. The combination of a young driver and a newer, more valuable car results in higher premiums.
- 40-year-old Driver: The cost remains reasonable at $1,546 per year, reflecting both the value of a new vehicle and the driver's lower risk profile.
Decrease in Rates Over Time:
Insurance premiums for young drivers, particularly teenagers, decrease significantly each year as they gain driving experience and mature. By the time drivers reach their late 20s and 30s, insurance rates typically stabilize and remain relatively low throughout their middle ages.
For example, a 16-year-old pays an average of $6,284 annually for full coverage on a Nissan Versa, whereas a similar policy for a 40-year-old costs $1,374. The substantial drop in cost as these individuals age underscores how insurers view experienced drivers as less risky.
Insurance Providers and Their Impact:
The choice of insurance provider can also drastically affect premiums. For instance:
- State Farm offers the most affordable full coverage premium at $1,067 per year for the Nissan Versa.
- Farmers charges a higher rate at $1,656 annually.
Shopping around for the best rates is crucial, especially when adding young drivers or insuring newer models.
Other Factors Influencing Rates:
Beyond age, the car's model year, theft rate, and repair costs also significantly impact insurance costs. The Nissan Versa, with its above-average theft rate, can result in moderately priced insurance compared to other models.
In summary, while age is a predominant factor in determining car insurance premiums, insurer choice, car model year, and location also play critical roles. As drivers gain experience, their premiums typically decrease, providing insights into the purchasing of more cost-effective insurance policies over time.
Why Trust MoneyGeek? We collected thousands of car insurance quotes from Quadrant Information Services to analyze the average rates for a Nissan Versa.
These rates were updated to reflect the average cost of car insurance for a Nissan Versa as of 2023.
A Nissan Versa's yearly insurance cost averages $1,423, but your choice of insurance company could result in a lower or higher premium. The cheapest average full coverage auto insurance for the Nissan Versa is $1,067 per year from State Farm. Meanwhile, the most expensive comes from Farmers at $1,656 per year.
Average annual premiums for minimum coverage insurance for a Nissan Versa range from $511 through State Farm to up to $778 through Farmers. Compare prices from different providers to discover the cheapest auto insurance policies.
| State Farm | $1,067 |
| GEICO | $1,146 |
| Allstate | $1,411 |
| Travelers | $1,448 |
| Nationwide | $1,460 |
| Progressive | $1,542 |
| Farmers | $1,656 |
When determining the premium you'll pay to insure your Nissan Versa, insurers take several factors into consideration, including horsepower, theft rate and repair costs. NHTSA (National Highway Traffic Safety Administration) statistics show an above-average theft rate for the Nissan Versa. Because of the heightened risk to the insurer, premiums for these vehicles aren't cheap, making the Nissan Versa moderately priced to insure compared to other models.
When shopping for car insurance, price is just one factor to consider. Customer service and claims management are other important aspects to think about. We found that the following companies offer the best car insurance for the Nissan Versa:
State Farm is the most affordable insurer in our comparison pool and offers the second-best customer service rating. These scores mean you’ll get excellent service at a reasonable price when insuring your Nissan Versa.
Most affordable rate for the Nissan Versa
Highly ranked in customer satisfaction
Poor claims management score
Doesn’t offer Deductible Modification or New Car Replacement
Insuring your Nissan Versa with State Farm can save you money without sacrificing coverage or service. Although its optional coverages are slim, most motorists will benefit from having the add-ons they do include.
If you have a full coverage policy with State Farm and your automobile breaks down more than 50 miles from home, Rental Reimbursement will help cover the cost of a rental car. It will also cover your travel expenses up to $500 per loss.
If your vehicle breaks down on or close to a public road, Roadside Assistance will cover the cost of up to an hour of mechanical labor at the scene and towing to the nearest mechanic. This coverage includes the cost of delivering non-covered items like gas, oil, batteries and tires.
Second-most affordable auto insurer for the Nissan Versa
Excellent customer satisfaction score
Offers Mechanical Breakdown Insurance (MBI)
Poor claims management score
Doesn’t offer Gap Insurance or Deductible Modification
GEICO comes in second in our rankings because of its excellent service at a reasonable price. Mechanical Breakdown Insurance, Accident Forgiveness and Roadside Assistance are all available through this provider.
In addition to the standard list of services included under most dealer-extended warranties, you can obtain even more protection for your Nissan Versa by purchasing Mechanical Breakdown Insurance, which provides coverage for all parts and systems on your vehicle. This supplemental insurance is available to motorists whose vehicles are less than 15 months old and have less than 15,000 miles on the odometer.
Although Accident Forgiveness is unavailable in California, Connecticut and Massachusetts, this coverage ensures that your premium will not increase after your first at-fault accident. Meanwhile, if you have a flat tire, need a tow or are locked out of your vehicle, GEICO's Roadside Assistance will cover the costs associated with these services.
The age of the insured vehicle heavily impacts the average cost of car insurance. Since a car's value decreases as it ages, insuring a brand-new model will cost more than protecting an older one. The Nissan Versa follows this trend, with an average full coverage policy costing $1,229 annually for a 2009 model while a 2022 model will cost $317 more per year.
| 2022 | $1,546 |
| 2021 | $1,529 |
| 2020 | $1,475 |
| 2019 | $1,477 |
| 2018 | $1,453 |
| 2017 | $1,394 |
| 2016 | $1,392 |
| 2015 | $1,363 |
| 2014 | $1,306 |
| 2013 | $1,306 |
| 2012 | $1,279 |
| 2011 | $1,234 |
| 2010 | $1,245 |
| 2009 | $1,229 |
Average auto insurance prices will also depend on the company you choose. State Farm is your best bet if you’re looking for the most cost-effective insurance for a Nissan Versa made in either 2009 or 2022. The average annual cost for a full coverage policy for these model years is $939 and $1,244, respectively. However, GEICO offers the most affordable auto insurance for a 2021 Nissan Versa at $1,225 annually.
| State Farm | $1,244 |
| GEICO | $1,252 |
| Travelers | $1,554 |
| Nationwide | $1,573 |
| Allstate | $1,704 |
| Progressive | $1,715 |
| Farmers | $1,893 |
There is a significant cost difference between auto insurance for teen drivers and those in their 30s and 40s. Full coverage insurance for a Nissan Versa costs an average of $6,284 per year for a 16-year-old but only $1,374 annually for a 40-year-old. Teenagers’ car insurance rates decline significantly every year they age before leveling off in their 20s.
Adding a teenage driver to a family policy can save a lot of money compared to purchasing separate policies. A full coverage policy for a 16-year-old driver with State Farm would cost $2,953 a year for a 2009 Nissan Versa, but the same policy with Progressive would set you back $7,615 yearly. Keep in mind that these are rates for individual policies. Young drivers and their families can save money on auto insurance for teens by shopping together for plans.
| State Farm | $4,003 |
| GEICO | $5,850 |
| Travelers | $6,138 |
| Nationwide | $6,184 |
| Allstate | $7,948 |
| Progressive | $9,003 |
| Farmers | $9,567 |
Where you live is just as significant a factor in determining your insurance premium as your age and the make and model year of your car. Car insurance rates vary widely from state to state. Our study found that the most expensive average rates are in Florida, and the cheapest are in Idaho. The best way to find cheap insurance quotes is to compare rates between the most affordable providers in your state.
| 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 |
When looking into Nissan Versa car insurance rates, drivers frequently have concerns about cost and coverage. We answered some of the most common questions about the subject below.
The average auto insurance cost of a Nissan Versa is $1,423 annually, which is about average compared to other makes and models of cars. MoneyGeek determined that State Farm is the cheapest insurance provider for a Nissan Versa. Their full coverage policy on a Nissan Versa averages $1,067 per year.
State Farm offers the best Nissan Versa car insurance policies. It outscored competitors like GEICO and Travelers, earning a MoneyGeek score of 90 out of 100. Their policies are affordable, and the company offers excellent customer service, making State Farm a great option for the price.
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.
