Nissan Maxima Car Insurance Rates for 2023

Is car insurance for a Nissan Maxima expensive?

From the SV trim up to the higher cost Platinum trim level, we looked at insurance rates for the 2023 Maxima to see how the average insurance cost ranks when compared to similar large cars.

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  • Maxima insurance costs an average of $1,980 per year, or around $165 per month for full coverage.
  • The cheapest Maxima trim level to insure is the SV at around $1,910 per year, and the most expensive trim being the Platinum at $2,022 annually.
  • Buying a low deductible policy can increase rates to $2,566 a year, an increase of $586 a year or 29.6%. High deductibles can decrease rates to $1,678 a year, a decrease of $302 a year or 15.3%.
  • Depending on the state you live in, insurance rates range from a low of about $1,100 in Maine to a high of around $3,100 in Michigan.

How much are Nissan Maxima insurance rates?

Nissan Maxima insurance costs on average $1,980 a year for full coverage, or $165 a month. Expect to pay about the average rate for the full-size car segment, and around $295 more per year than the $1,685 national average for all vehicles.

The chart below shows average car insurance cost on a 2023 Maxima for a range of driver ages and policy deductibles.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Chart shows average insurance cost for a 2023 Nissan Maxima with safe driver and claim-free discounts applied. Rates are for full-coverage insurance and averaged for all U.S. states and all Nissan Maxima trim levels.Data last updated on January 23, 2023
Nissan Maxima Car Insurance Rates
2023 Nissan Maxima Insurance Cost by Driver Age and Deductibles
Driver Age Deductible Annual Cost Monthly Cost
20$1,000$3,364$280
$500$3,954$330
$250$4,576$381
30$1,000$1,754$146
$500$2,082$174
$250$2,424$202
40$1,000$1,678$140
$500$1,980$165
$250$2,294$191
50$1,000$1,534$128
$500$1,806$151
$250$2,088$174
60$1,000$1,506$126
$500$1,772$148
$250$2,050$171

Why do lower deductibles cost more?

A deductible is the amount of money you have to pay in the event your insurance company pays for a covered physical damage claim (think weather, animal collision, overturn, accident, etc.).

If you choose a lower deductible when you purchase your policy, that means your insurance company will pay more for a claim. This makes it more expensive to insure your Maxima.

Conversely, if you opt to shoulder more of the cost of a claim; i.e., a higher deductible, your insurance company will respond by charging you a lower amount for physical damage coverage.

It’s tempting to choose low deductibles because they mean less money out-of-pocket at claim time, but if your claim frequency is low, you will end up paying much more than if you opted for the higher deductible and pocketed the savings.

Nissan Maxima car insurance rates by model year

The following table shows average Maxima car insurance rates for the 2013 to 2023 model year. Cost ranges from $1,308 for a 2013 model to $1,980 for a new 2023 Maxima.

Nissan Maxima Insurance Cost for 2013-2023 Models
Model Year and Vehicle Annual Rate 6-month Rate Monthly Rate
2023 Nissan Maxima$1,980$990$165
2022 Nissan Maxima$1,846$923$154
2021 Nissan Maxima$1,822$911$152
2020 Nissan Maxima$1,796$898$150
2019 Nissan Maxima$1,770$885$148
2018 Nissan Maxima$1,722$861$144
2017 Nissan Maxima$1,634$817$136
2016 Nissan Maxima$1,608$804$134
2014 Nissan Maxima$1,352$676$113
2013 Nissan Maxima$1,308$654$109

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates assume clean driving record and no at-fault accidents. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
Nissan Maxima Car Insurance Rates by Model Year

Does the trim level of the vehicle matter?

Higher Maxima trim levels do cost more to insure, primarily due to the higher vehicle value which has to be covered in the event of a total loss. The cheapest Maxima trim level to insure is the SV at around $1,910 per year, and the most expensive trim being the Platinum at $2,022 annually.

The table below details the annual, semi-annual, and monthly cost of full coverage insurance for the different Nissan Maxima trim levels.

2023 Nissan Maxima Insurance Cost by Trim Level
Nissan Maxima Trim Level Annual Policy Six-Month Policy Per Month
SV$1,910$955$159
SR$2,006$1,003$167
Platinum$2,022$1,011$169

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 Nissan Maxima, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on February 5, 2023
Nissan Maxima Insurance Cost by Trim Level

How does Maxima insurance compare to similar vehicles?

Insurance on a Nissan Maxima ranks second out of three vehicles in the full-size sedan class for car insurance affordability.

The chart below shows how well average Maxima car insurance rates fare against other large cars like the Dodge Charger, Chrysler 300, and the Kia Cadenza.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for a 2023 model year Nissan Maxima, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all Nissan Maxima trim levels. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
Insurance Cost Comparison: Nissan Maxima vs Large Cars

Maxima insurance rates by U.S city and state

The cost of insuring your Maxima can range considerably, from a low of around $1,100 in states like Virginia and Maine, to well over $2,500 in Michigan and Louisiana. And even within the same state rates can range significantly based on your zip code.

The chart below shows estimated Nissan Maxima car insurance rates in the thirty largest metro areas in America.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Chart shows average car insurance rates for a 2023 Nissan Maxima, 40-year-old married male driver with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are the average for all Nissan Maxima trim levels.Data last updated on January 23, 2023
Nissan Maxima Insurance Rates in 15 Largest U.S. Cities
Nissan Maxima Insurance Rates by Location
City/State Annual Rate Monthly Rate
New York, NY$3,490$291
Philadelphia, PA$3,096$258
Las Vegas, NV$3,088$257
Los Angeles, CA$3,078$257
San Francisco, CA$2,668$222
Kansas City, MO$2,374$198
Oklahoma City, OK$2,374$198
Denver, CO$2,326$194
Memphis, TN$2,326$194
Atlanta, GA$2,298$192
San Jose, CA$2,232$186
Phoenix, AZ$2,172$181
Portland, OR$2,146$179
San Diego, CA$2,132$178
Boston, MA$2,124$177
Jacksonville, FL$2,122$177
Chicago, IL$2,064$172
Dallas, TX$2,034$170
Houston, TX$2,024$169
Seattle, WA$2,016$168
Nashville, TN$1,938$162
Milwaukee, WI$1,928$161
Albuquerque, NM$1,894$158
San Antonio, TX$1,832$153
Omaha, NE$1,780$148
Fort Worth, TX$1,774$148
Austin, TX$1,748$146
Indianapolis, IN$1,592$133
Columbus, OH$1,466$122
Charlotte, NC$1,402$117

Rural and less-populated areas often have lower insurance rates due to lower traffic congestion and shorter commutes. The table below shows the average Nissan Maxima insurance rates for all 50 states.

Nissan Maxima Average Insurance Cost by State for 2023
U.S. State Annual Cost Six-month Cost Monthly Cost
Alabama$1,782$891$149
Alaska$1,498$749$125
Arizona$1,816$908$151
Arkansas$2,072$1,036$173
California$2,396$1,198$200
Colorado$2,122$1,061$177
Connecticut$2,206$1,103$184
Delaware$2,254$1,127$188
Florida$2,466$1,233$206
Georgia$2,024$1,012$169
Hawaii$1,348$674$112
Idaho$1,412$706$118
Illinois$1,736$868$145
Indiana$1,480$740$123
Iowa$1,324$662$110
Kansas$1,950$975$163
Kentucky$2,120$1,060$177
Louisiana$2,358$1,179$197
Maine$1,192$596$99
Maryland$1,840$920$153
Massachusetts$2,160$1,080$180
Michigan$2,708$1,354$226
Minnesota$1,700$850$142
Mississippi$1,930$965$161
Missouri$2,234$1,117$186
Montana$1,816$908$151
Nebraska$1,654$827$138
Nevada$2,368$1,184$197
New Hampshire$1,324$662$110
New Jersey$2,400$1,200$200
New Mexico$1,630$815$136
New York$2,294$1,147$191
North Carolina$1,236$618$103
North Dakota$1,640$820$137
Ohio$1,380$690$115
Oklahoma$2,186$1,093$182
Oregon$1,850$925$154
Pennsylvania$1,902$951$159
Rhode Island$2,454$1,227$205
South Carolina$1,660$830$138
South Dakota$2,034$1,017$170
Tennessee$1,884$942$157
Texas$1,838$919$153
Utah$1,734$867$145
Vermont$1,440$720$120
Virginia$1,316$658$110
Washington$1,788$894$149
West Virginia$1,764$882$147
Wisconsin$1,416$708$118
Wyoming$1,760$880$147

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 Nissan Maxima, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all Nissan Maxima trim levels. Physical damage deductibles are $500 and rates are averaged for all Zip Codes in each state.Data last updated on February 5, 2023
Nissan Maxima insurance rates by U.S. state