Mar 2010 26

When you finance a new or used Nissan at one of your MA dealerships, you’re required to carry full insurance to protect the investment. One of the most important aspects of getting insurance coverage on your Coastal Nissan purchase is setting the right deductibles—how do you keep your insurance coverage affordable, manage your monthly payment amounts, and set insurance deductibles that make sense for your budget? Many people don’t think much about the high deductibles they’re taking until there’s a fender-bender and they’re forced to pay the difference out of pocket. Is your bank account ready for the blow if you need to make an insurance claim?

One of the best strategies for setting your new Nissan car insurance deductibles requires a little forethought, but is well worth the effort. Ask yourself what you’d realistically be able to pay from your own pocket if you had an accident on the Boston roads on the way home from the used Nissan dealer—if you can’t afford to pay the amount of your deductible today, your deductibles are too high. Many people set aside the exact amount of that deductible and keep it in a savings account. If you can afford to do this, you can afford that higher deductible and the lower monthly payments it brings. Plan for the worst. You never know when it might save your budget, even at the expense of a slightly higher monthly insurance bill.

This site is currently not hosted by Dealeron.