Nissan Maxima Car Insurance Rates for 2023

• Maxima insurance costs an average of $2,034 per year, or around $170 per month for full coverage.
• The cheapest Maxima trim level to insure is the SV at around $1,962 per year, and the most expensive trim being the Platinum at $2,078 annually.
• Buying a low deductible policy can increase rates to $2,638 a year, an increase of $604 a year or 25.9%. High deductibles can decrease rates to $1,724 a year, a decrease of $310 a year or 16.5%.
• 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 $2,034 a year for full coverage, or $170 a month. Expect to pay about the average rate for the full-size car segment, and around $306 more per year than the $1,728 national average for all vehicles.

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

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 $1,344 for a 2013 model to $2,034 for a new 2023 Maxima.

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 $1,962 per year, and the most expensive trim being the Platinum at $2,078 annually.

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

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.

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.

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.