The most expensive states to buy and insure the Nissan Versa

The Nissan Versa is a versatile subcompact car, available as a sedan as well as hatchback. A used Nissan Versa is an affordable car to insure in 36 states, with average annual insurance rates below the national average auto insurance rate ($1496). However, insurance costs for the Nissan Versa run sky high in some states. In this feature, we will consider the states will high insurance costs and the possible ways of circumventing high overall costs.

The table below lists the most expensive states to buy the Nissan Versa.

State Average Annual Insurance Rate ($) Median Price ($) Percentage of median price spent on insurance ($)
Alaska 1,296 15,998 8
New Mexico 1,546 15,995 9
Mississippi 1,200 14,495 8
Arkansas 1,441 14,365 10
Hawaii 1,542 14,290 10

In Arkansas and Hawaii, both the median price as well as insurance rates for the Versa are high. There are ways of reducing your median price, but you have to buy auto insurance from your own zip code. The table below lists the states with the highest insurance costs for the Nissan Versa.

State Average Annual Insurance Rate ($) Median Price ($) Percentage of median price spent on insurance ($)
Louisiana 2,338 13,488 17
Michigan 2,295 13,195 17
Montana 1,828 12,990 14
Oklahoma 1,820 13,950 13
New Jersey 1,726 12,595 13
Connecticut 1,717 12,999 13
California 1,688 13,488 12

Louisiana and Michigan are states where insurance costs are high for most cars. One way to lower your overall costs is to buy your car from a cheaper state and have it shipped back home.  The Nissan Versa is available for a median price of $9975 in South Dakota and $9990 in North Dakota. In states where the median price is below $12000 it might not help to buy your car from North Dakota, since you will have to pay shipping and auto transport insurance charges. However, if you live in states such as Louisiana, Michigan, Oklahoma, and California, it will be cheaper for you to buy the Versa from either North or South Dakota.