Compare Canada’s cheapest Nissan Altima car insurance rates
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Updated On
June 3, 2025Jump straight to...
- Insuring your Nissan Altima in Canada
- How much is it to insure a Nissan Altima for a young driver?
- How much is it to insure a Nissan Altima for an experienced driver?
- Which Nissan Altima model is the cheapest to insure?
- How much can a traffic ticket or an accident raise your insurance?
- How to get cheaper car insurance for your Nissan Altima
- Should you buy or lease your Nissan Altima?
- Which Nissan Altima model is considered safest?
- Protecting your Altima with Nissan’s additional warranties and coverage
Insuring your Nissan Altima in Canada
The Nissan Altima is a mid-size sedan renowned for its reliability, advanced safety features, sleek design, impressive fuel efficiency, and cutting-edge technology. Though Nissan ranks 15th in Consumer Reports' 2025 car brand rankings, it stands out in key categories like Used Car Reliability and Maintenance and Repair Costs. These factors make it a solid choice for drivers looking for a dependable and economical vehicle.
Another advantage of owning a Nissan Altima is its lower appeal among car thieves compared to brands like Toyota, Honda, and Chevrolet, as reported by the Equite Association. This reduced risk of theft can positively impact your insurance premiums, as insurers take theft probability and repair costs into account when calculating rates.
These elements combined often contribute to competitive insurance rates for the Nissan Altima in Canada. But what does this mean for you? Let's explore that.
How much does it cost to insure a Nissan Altima for a young driver?
If you’re a young driver thinking about getting behind the wheel of a Nissan Altima, you might be wondering how much insurance will cost. The reality? Rates can be higher than expected due to several factors, but knowing what impacts your premium can help you save.
Here’s what you should know about insuring a Nissan Altima as a young driver:
Younger drivers are seen as higher risk: Insurance providers tend to charge more for younger, less experienced drivers. Even with the Altima’s reputation for being a safe, reliable sedan, your age and driving record will play a big role in what you pay. Sports trims or models with enhanced performance features might also tempt drivers to push limits, which increases accident risks and, in turn, premiums.
Repair and replacement costs matter: The Altima strikes a balance between affordability and style, but vehicles with advanced tech and safety systems, like those found in newer Altima models, often cost more to repair. Insurers factor these costs into your premium. Models with higher market values or specialty parts could mean higher claims after an accident.
Safety features are a plus: On the bright side, the Altima’s built-in safety features, such as automatic emergency braking and lane departure assistance, can help bring your premium down. These features reduce the likelihood of accidents, lowering the overall risk for insurers. Be sure to highlight these features when shopping for insurance.
Where you live impacts your rate: Living in a busy urban area with high accident or theft rates will likely mean higher premiums. While the Altima isn’t as highly targeted by thieves compared to other models, location still plays a big role. If you’re parking on the street or in high-traffic zones, you’ll want to consider extra coverage to protect your investment.
The good news? There are plenty of practical ways to lower insurance costs for your Nissan Altima. For example:
- Look for discounts designed for younger drivers, like those for completing driver education courses.
- Drive safe to build a clean record with no accidents or tickets.
- Compare rates across multiple insurers to find the best deal tailored to your needs.
At the end of the day, insurance for your Nissan Altima doesn’t have to break the bank. A bit of research and smart planning can help you secure an affordable policy that fits your budget.
Age | Insurance cost range |
|---|---|
18 | $9,079 - $12,992 |
19 | $7,533 - $10,260 |
20 | $7,066 - $8,724 |
21 | $6,435 - $6,872 |
22 | $5,366 - $6,096 |
23 | $4,979 - $5,640 |
24 | $4,729 - $5,448 |
25 | $4,050 - $4,620 |
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How much does it cost to insure a Nissan Altima for an experienced driver?
If you’re an experienced driver considering a Nissan Altima, you’re likely familiar with the fact that several factors play into how much you’ll pay for insurance. The kind of vehicle you drive, your location, and even your daily habits all have an impact on your premium.
Here’s a closer look at what affects Nissan Altima insurance costs for experienced drivers:
Experience and age: Most experienced drivers in their 30s to 50s benefit from lower premiums thanks to their years of safe driving. However, rates may begin to rise for those over 65 as insurers consider potential age-related risks.
The Altima’s affordability: The Nissan Altima strikes a balance between being affordable to repair and technologically advanced. Its mid-range insurance costs reflect this. Advanced trims with premium features, like ProPILOT Assist, may slightly increase costs due to pricier parts.
Driving history: Clean records lead to better rates. If you’ve maintained a history of safe driving, the Altima’s safety profile combines well with your experience to keep premiums manageable. However, recent claims or tickets could bump up your costs.
Usage patterns: Your daily driving habits matter. If your Altima is your go-to commuter car, higher mileage could translate to higher premiums. Conversely, occasional or weekend driving might qualify for low-mileage discounts.
Location matters: Where you live plays a big role in determining premiums. Urban centers with heavy traffic and higher accident rates might mean higher costs. That said, the Altima’s lower theft rates compared to many vehicles might help offset this in certain areas.
Built-in safety advantages: One of the factors in the Altima’s favor is its array of standard safety features, such as automatic emergency braking and rearview monitors. These features don’t just make driving safer; they can also qualify you for discounts on your policy.
Luckily, there are steps you can take to find affordable insurance for your Nissan Altima:
- Check for discounts like multi-car or bundling policies.
- Use telematics programs to show safe driving habits and earn savings.
- Compare quotes from multiple insurers to find the best possible rate.
For experienced drivers, insuring a Nissan Altima can be both practical and cost-effective. With a little research and attention to your policy options, you’ll be able to enjoy all the benefits of driving an Altima without breaking the bank.
Age | Insurance cost range |
|---|---|
30 | $2,956 - $3,787 |
35 | $2,750 - $3,322 |
40 | $2,449 - $3,081 |
45 | $2,155 - $2,967 |
50 | $2,025 - $2,837 |
55 | $1,954 - $2,663 |
60 | $1,923 - $2,554 |
65 | $1,913 - $2,499 |
Methodology
The table above outlines the average cost of car insurance in Toronto for a female G-licensed policyholder driving a 2023 ALTIMA 2.5 S 4DR AWD. Using our rate calculator, we calculated average auto insurance premiums by age, assuming the driver has a clean driving record. All ranges and averages presented represent the three lowest quotes offered. The insurance policies used for comparison include $1,000,000 in coverage, along with a $1,000 deductible for both collision insurance and comprehensive insurance.
It’s important to note that these quoted rates are specific to this driver profile. You are more likely to find rates at the lower end of the provided range by comparing quotes from different providers and selecting the one that offers the best value for your needs.
Disclaimer
Auto insurance rates are influenced by a variety of factors, including (but not limited to) your postal code, driving history, the specific make and model of the vehicle, additional safety features, whether you attended driving school, and more. This means the premiums for individuals with different circumstances may vary significantly from the rates shown here. Always compare personalized quotes to ensure you're getting the best coverage at the best price.
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How much can a traffic ticket or accident raise your insurance?
Nissan drivers should be aware that accidents and traffic violations can significantly impact your insurance costs. For example, accumulating multiple speeding tickets may cause insurers to classify you as a higher-risk driver, leading to increased premiums. Similarly, if your Nissan is involved in an at-fault accident, your insurance rates are likely to go up due to the associated repair expenses.
Here are some of the possible changes you might see in insurance rates, based on major convictions and at-fault accidents:
Age | Major convictions | At-fault accidents | Insurance cost range |
|---|---|---|---|
30 | None | None | $2,956 - $3,787 |
None | 1 | $5,941 - $6,579 | |
1 | None | $6,427 - $7,350 | |
1 | 1 | $14,177 - $18,888 | |
35 | None | None | $2,750 - $3,322 |
None | 1 | $5,743 - $6,336 | |
1 | None | $6,204 - $6,840 | |
1 | 1 | $13,676 - $17,472 | |
40 | None | None | $2,449 - $3,081 |
None | 1 | $5,607 - $6,156 | |
1 | None | $4,484 - $6,612 | |
1 | 1 | $13,443 - $17,472 | |
45 | None | None | $2,155 - $2,967 |
None | 1 | $5,606 - $6,156 | |
1 | None | $3,907 - $6,612 | |
1 | 1 | $13,380 - $17,472 | |
50 | None | None | $2,025 - $2,837 |
None | 1 | $5,467 - $5,988 | |
1 | None | $3,652 - $6,468 | |
1 | 1 | $13,422 - $16,423 | |
55 | None | None | $1,954 - $2,663 |
None | 1 | $4,763 - $5,636 | |
1 | None | $3,512 - $5,628 | |
1 | 1 | $13,316 - $15,759 | |
60 | None | None | $1,923 - $2,554 |
None | 1 | $4,646 - $5,400 | |
1 | None | $3,453 - $5,520 | |
1 | 1 | $12,839 - $15,450 | |
65 | None | None | $1,913 - $2,499 |
None | 1 | $4,433 - $5,309 | |
1 | None | $3,430 - $5,244 | |
1 | 1 | $12,536 - $15,354 |
Methodology
The table provides a comparison of average car insurance premiums in Toronto for a female G-licensed driver operating a 2023 NISSAN ALTIMA 2.5 S 4DR AWD. The analysis includes two driving profiles: one for drivers with clean records, meaning no major convictions or at-fault accidents, and another for drivers with one at-fault accident, one major conviction, or both. Using a rate calculator, we determined the average premiums across different age groups by selecting the three lowest quotes from leading insurance providers. The insurance coverage considered includes $1,000,000 in liability coverage and a $1,000 deductible for both collision and comprehensive insurance. For drivers with at-fault accidents or convictions, premiums were adjusted based on the additional risk weighted by insurers, leading to higher quotes for that group.
Disclaimer
It is important to note that the rates listed are specific to this driver and vehicle profile and may vary significantly based on individual circumstances. Factors such as postal code, claims history, specific vehicle features, and even completion of a recognized driving school course can influence premiums. To ensure the best value, it is essential to obtain personalized quotes from multiple providers, as rates and coverage offerings can differ substantially depending on how each insurer evaluates risk. Comparing quotes allows drivers to find the most suitable and cost-effective insurance for their unique needs.
How to get cheaper car insurance for your Nissan Altima
Insuring your Nissan Altima doesn’t have to put a dent in your wallet. With the right strategies, you can take control of your premiums and start saving. From bundling policies to taking advantage of safety programs, there are plenty of ways to lower your Nissan Altima insurance costs.
The Nissan Altima already comes equipped with a suite of safety features like forward collision warnings and lane departure assist. Be sure to highlight these when discussing your policy with an insurer, as they could help secure additional savings.
Here are some insurance discounts that could apply to you:
Bundling policies
Bundling your auto and home insurance—or combining other policies like tenant or condo insurance—can significantly reduce your premiums. Insurance companies appreciate customer loyalty and often reward it with discounts. Savings can reach up to 20% or more. By taking advantage of this, you not only simplify your insurance management but also save a chunk of change.
Multi-vehicle discount
If your household has more than one car, insuring them under the same policy can lead to big savings. This is because insurers offer discounts (up to 15%) for placing multiple vehicles together under one account. It’s an easy win for families or households with multiple drivers, as it combines coverage while cutting costs.
Loyalty discounts
Insurance companies love loyal customers, and they often show it by reducing premiums for those who stick with them year after year. The longer you stay, the more you save—it can range from 5% after one year to as much as 10% for a decade of loyalty. If you’re happy with your insurer and their service, this discount is an excellent perk.
Higher deductibles
Choosing a higher deductible (the amount you pay out of pocket in a claim) can reduce your annual premiums by 5-10%. While the trade-off means you’d pay more in case of an accident, it’s a smart option for drivers who are confident in their safe-driving habits and want lower upfront costs.
Paying annually
Paying your entire premium in one annual payment instead of monthly installments can save you money by avoiding administrative or installment fees. While it requires a larger payment upfront, it’s a simple way to cut down on overall costs.
Telematics programs
Telematics are devices which can be added to you car or through a mobile app, which monitor your driving habits, such as speed, braking and mileage, rewarding safe drivers with lower premiums. They offer benefits like fairer rates for low-mileage drivers, personalized discounts and improved driving awareness. To maximize savings, you should focus on consistent safe driving, reduce high-risk night trips and choose a telematics program that best fits your needs.
Winter tires
Installing winter tires is not only smart for safely navigating Canada’s icy roads, but it can also reduce your premiums by 2%-5%. Some provinces, like Ontario, even require insurers to offer this discount. If you regularly switch to winter tires, make sure your insurer knows about it.
Anti-theft devices
Vehicles with anti-theft systems, like alarms or tracking devices, are less likely to be stolen, and insurers recognize this by offering discounts up to 15%. If your car doesn’t come with built-in anti-theft features, consider installing an aftermarket system to take advantage of this savings opportunity.
Should you buy or lease your Nissan Altima?
If you’re considering a Nissan Altima, one big decision is whether to buy or lease. Both options have their pros and cons, and the right choice depends on your budget, driving habits, and long-term plans. Whether you're drawn to the Altima’s sleek design, fuel efficiency, or advanced safety features, here’s how buying and leasing stack up for this popular sedan.
Leasing
Advantages:
- Drive the latest models: Leasing an Altima lets you stay updated with Nissan’s newest innovations, like ProPILOT Assist and cutting-edge safety features, thanks to short-term agreements.
- Lower monthly costs: Leasing typically means lower upfront payments and monthly fees compared to financing a purchase, making it an appealing option for budget-conscious drivers.
- Warranty coverage: Most lease terms align with the Altima’s warranty period, so you’re covered for major repairs, reducing out-of-pocket expenses.
- No depreciation worries: Depreciation doesn’t hit as hard when leasing. Once the term is up, simply return the car and move on to your next ride.
Disadvantages:
- Mileage limits: Leasing often comes with annual mileage restrictions (e.g., 16,000–20,000 km), and exceeding them can lead to penalties.
- Insurance requirements: Leasing generally requires more comprehensive insurance, which could raise your overall costs.
- Wear and tear concerns: Fees for excessive wear and tear at the end of your lease can add up, especially if your car takes a beating during the term.
- Early termination penalties: Breaking a lease early can result in costly fees, so commitment is key.
Buying
Advantages:
- Full ownership: Buying your Nissan Altima means it’s yours to keep, sell, or customize however you like.
- No mileage restrictions: Drive as much as you want without penalties. This is ideal for road trips, commuting, or if your lifestyle involves a lot of travel.
- Long-term savings: While upfront costs are higher, owning eliminates monthly payments once your car is paid off, which can save more in the long run.
- Equity value: When you own your Altima, it retains resale value. You can choose to trade it in or sell it later to offset the cost of your next vehicle.
Disadvantages:
- Higher upfront costs: Buying often means a larger down payment, along with higher monthly financing payments compared to leasing.
- Repair costs: Once the warranty expires, you’re responsible for repairs and maintenance, which can add up as the vehicle ages.
- Depreciation: Like most vehicles, the Altima depreciates over time. While it holds its value well compared to competitors, it’s still a factor to consider.
Whether you choose to buy or lease your Nissan Altima depends on your priorities. If you value lower monthly payments and the flexibility of driving the latest models, leasing might be the way to go. But if long-term savings and ownership are more important, buying could be the better choice. Either way, comparing options and crunching the numbers will help you find the best fit for your lifestyle and budget.
Protecting your Altima with Nissan’s additional warranties and coverage
Nissan’s warranties and coverage can give you either additional protection or a refresher on your current warranty to complement your car insurance.
Whether you are leasing, financing or own your Altima, Nissan offers multiple plan packages to enhance your coverage. Here are some of the plans it offers:
- Added Security Plan (Platinum): This covers wear and tear on parts like the engine, steering mechanism, suspension, braking system as well as air conditioning and cooling systems.
- Oil Change & Tire Rotation: This covers oil and filter changes as necessitated by your Nissan model.
- Lease End Protection: This waives up to $7,500 of excess wear-and-tear charges for dents, paint damage, broken lights or lenses, missing original equipment, cracked or chipped glass, upholstery tears and stains and worn-out tires.
- Deficiency Waiver Addendum: This plan will waive the difference between your car insurance payout and the balance left on your car’s financing in the event of theft or total loss.
- Tire & Rim, Dent, Key and Appearance: This will protect you in case of damage to tires and rims (if caused by road hazards), paintless dent repairs, lost key or remote replacement, and certain repairs to paint or interior fabric or leather.
- Added Security Plan (ASP): This one provides additional coverage for parts and labour beyond the New Vehicle Limited Warranty.
- Optional Protection Plans: You can also purchase plans to help preserve your car’s appearance and performance without incurring high costs.
- EV Care: This provides additional protections for your EV vehicle should you need them.
