Nissan Versa Insurance Rates – 2023 Cost + Comparisons

Is car insurance for a Nissan Versa affordable?

From the S Manual model up to the more expensive SR trim, we compared insurance rates for the 2023 Versa to look at how average policy premiums ranks against competing small cars.

Start a Free QuoteCompare Nissan Versa car insurance quotes and save on your next policy.

  • Nissan Versa insurance costs an average of $1,882 per year, $941 for a 6-month policy, or $157 per month for full coverage insurance, depending on the trim level.
  • The cheapest Versa insurance can be found on the Versa S Manual trim level at $1,814 per year, while the Versa SR has the highest rates at $1,934 per year.
  • The Versa is one of the more expensive small cars to insure, costing $125 more per year on average as compared to the rest of the vehicles in the segment.

How much does Nissan Versa car insurance cost?

Nissan Versa insurance costs an average of $1,882 annually, with monthly rates ranging from $151 to $161, depending on the trim level of the Versa being insured.

Plan on paying approximately $125 more per year to insure a Nissan Versa as compared to the average rate for the entire compact car segment, and $197 more per year than the $1,685 national average for all vehicles.

The following chart breaks down average annual car insurance rates on a 2023 Nissan Versa with a variety of policy scenarios. The average rate we refer to in our comparisons is the ‘Save Driver Age 40’ value in the chart.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for a 2023 model year Nissan Versa with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others. Physical damage deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Rates are averaged across all U.S. states and all Nissan Versa trim levels.Data last updated on January 23, 2023
Nissan Versa Insurance Cost Summary
2023 Nissan Versa Insurance Cost Summary
Driver Risk Profile Annual Rate Monthly Rate
High Risk Driver Age 30$4,252$354
Safe Driver Age 20$3,726$311
At-fault Accidents Age 40$2,690$224
Low Deductibles Age 40$2,306$192
Safe Driver Age 30$1,946$162
Safe Driver Age 40$1,882$157
Safe Driver Age 50$1,720$143
Safe Driver Age 60$1,684$140
High Deductibles Age 40$1,662$139
Discount Rate Age 40$1,560$130

To better illustrate the massive variability for Versa insurance rates, consider that a liability-only policy in the cheapest areas of North Carolina or Vermont can cost as little as $240 a year, while a newly-licensed teenage driver with a couple of driving violations in some zip codes in New York City could total as much as $17,142 a year for a full coverage policy.

What is the cheapest Nissan Versa insurance?

The cheapest Nissan Versa insurance can be found on the base S Manual trim (MSRP of $15,730) costing $1,814 per year and the S CVT trim (MSRP of $17,400) costing an average of $1,868.

The $19,720 SR trim is the most expensive to insure, costing an average of $120 more per year than the cheapest S Manual model.

Anticipate paying in the range of $151 to $161 per month for a policy with full coverage. This range can vary quite a bit, however, based on factors like your age, location, claim history, and driving record.

The table below details average annual and semi-annual Nissan Versa car insurance cost, in addition to a monthly budget estimate, for each 2023 mode year trim level.

2023 Nissan Versa Insurance Cost by Trim Level
Nissan Versa Trim Level Annual Policy Six-Month Policy Per Month
S Manual$1,814$907$151
S CVT$1,868$934$156
SV$1,912$956$159
SR$1,934$967$161

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 Nissan Versa, 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 Versa Insurance Cost by Trim Level

Nissan Versa insurance cost by model year

The following table shows average full coverage car insurance rates for the 2010 to 2023 model years. Rates are included for drivers aged 20 to 60.

Nissan Versa Insurance Cost by Model Year
Model Year and Vehicle Driver Age 20 Driver Age 40 Driver Age 60
2023 Nissan Versa$3,726$1,882$1,684
2022 Nissan Versa$3,724$1,880$1,684
2021 Nissan Versa$3,350$1,692$1,516
2020 Nissan Versa$3,322$1,676$1,502
2019 Nissan Versa$2,928$1,482$1,330
2018 Nissan Versa$2,846$1,438$1,288
2017 Nissan Versa$2,796$1,414$1,268
2016 Nissan Versa$2,268$1,152$1,030
2015 Nissan Versa$2,194$1,114$996
2014 Nissan Versa$2,114$1,072$958
2013 Nissan Versa$2,154$1,090$974

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates for each driver age group are for a 12-month period and assume a 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 Versa Insurance Rates by Model Year

How much is liability insurance on a Versa?

Insuring a Nissan Versa for liability-only insurance could save $500 or more each year over the cost of full coverage insurance. The table below compares the average cost of full coverage Versa insurance to the cost of carrying only liability insurance for older model year Versas.

Liability insurance rates vary depending on the state you live in as well as the liability limits chosen on your policy. Most policies also have the option to use split limit liability or combined single limits.

Nissan Versa Insurance Rates for 2006 to 2012 Model Years
Vehicle Model Year Full Coverage Insurance Liability Insurance
2012 Nissan Versa$1,058$582
2011 Nissan Versa$1,022$578
2010 Nissan Versa$988$574
2009 Nissan Versa$952$568
2008 Nissan Versa$912$558
2007 Nissan Versa$878$550
2006 Nissan Versa$866$544

Get Rates in Your AreaWhy is this important?

Table Data Details: Average insurance rates for each Nissan Versa model year assume a 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 premium amounts. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
Nissan Version Liability Insurance Rates

Is Versa insurance expensive compared to other small cars?

When compared to other popular small cars, insurance for a Nissan Versa costs $154 more per year than the Honda Civic, $226 more than the Toyota Corolla, $246 more than the Nissan Sentra, and $46 less than the Hyundai Elantra.

The Nissan Versa ranks 12th out of 15 total vehicles in the small car class. The Versa costs an average of $1,882 per year to insure and the segment average cost is $1,757 annually, a difference of $125 per year.

When compared to all 2023 model year vehicles (not just compact cars), Nissan Versa car insurance costs 11.7% more than the national average rate of $1,685 per year.

The table below shows how well average Versa car insurance prices fare against all other vehicles in the U.S. compact car segment.

Insurance Cost Comparison: Nissan Versa vs Small Cars
Rank Make/Model Insurance Cost Difference
1Subaru Impreza$1,462-$420
2Volkswagen Jetta$1,610-$272
3Nissan Sentra$1,636-$246
4Toyota Corolla$1,656-$226
5Volkswagen Golf$1,660-$222
6Toyota Prius$1,662-$220
7Mazda 3$1,690-$192
8Honda Civic$1,728-$154
9Kia Forte$1,730-$152
10Mitsubishi Mirage G4$1,738-$144
11Nissan Leaf$1,778-$104
12Nissan Versa$1,882--
13Hyundai Elantra$1,928$46
14Toyota GR Corolla$2,004$122
15Toyota Mirai$2,190$308

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are based on the 2023 model year, with the rated driver being a 40-year-old married male with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to rates, which are averaged for all vehicle trim levels. Full-coverage physical damage deductibles are $500 and rates are also averaged for all U.S. states.Data last updated on January 23, 2023
Insurance Cost Comparison: Nissan Versa vs Small Cars

How much is Nissan Versa insurance for teenagers?

Average Nissan Versa insurance cost for teen drivers ranges from $5,410 to $7,160 for male drivers and $4,810 to $6,328 for female drivers.

The chart below shows average full-coverage car insurance rates for male and female teen drivers age 16 to 19 on a 2023 Nissan Versa.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Teenage driver rates are for a 2023 model year Nissan Versa with $500 physical damage deductibles. Rates are averaged across all U.S. states and all Nissan Versa trim levels.Data last updated on January 23, 2023
Nissan Versa Insurance Cost for Teenage Drivers
Nissan Versa Insurance Cost for Teenage Drivers
Gender Driver Age 16 Age 17 Age 18 Age 19
Male$7,160$6,560$6,078$5,410
Female$6,328$5,902$5,262$4,810

Some other noteworthy rates and conclusions regarding Versa insurance cost include:

  • Raise your credit score for cheaper insurance rates. In states that have regulations allowing a policyholder’s credit score to be used as a price factor, having a good credit rating over 800 could save as much as $295 per year compared to a slightly lower credit score between 670-739. Conversely, a subpar credit rating could cost as much as $343 more per year.
  • Save money due to your occupation. Some insurance companies offer policy discounts for certain professions like scientists, firefighters, engineers, college professors, members of the military, and other occupations. If you qualify for this occupational discount, you may save between $56 and $178 on your insurance premium, depending on the policy coverages.
  • As you get older, rates tend to drop. The difference in Versa insurance cost between a 60-year-old driver ($1,684 per year) and a 20-year-old driver ($3,726 per year) is $2,042, or a savings of 54.8%.
  • Policy discounts equal cheaper Versa insurance rates. Discounts may be available if the policyholders are military or federal employees, belong to certain professional organizations, choose electronic billing, are senior citizens, or many other policy discounts which could save the average driver as much as $322 per year on Nissan Versa insurance.
  • Avoid driving violations to reduce insurance cost. In order to get the cheapest possible Versa insurance rates, it pays to obey traffic laws. Just a couple of traffic citations can potentially raise insurance policy rates by as much as $502 per year. Serious misdemeanor violations such as driving on a suspended license could raise rates by an additional $1,740 or more.
  • Driver age and gender matter. For a 2023 Nissan Versa, a 20-year-old man pays an average rate of $3,726 per year, while a 20-year-old woman pays an estimated $2,796, a difference of $930 per year in the women’s favor by a large margin. But by age 50, the cost for male drivers is $1,720 and the rate for females is $1,686, a difference of only $34.