LOS ANGELES, June 11, 2012 /PRNewswire/ -- The latest Automobile.com insurance cost comparison survey revealed those who drive Nissan vehicles pay an average of 11% more each year for insurance than Toyota drivers.
Survey respondents reported paying an average of $989.47 to insure Nissan vehicles while Toyota vehicles cost $889.15. Although Toyota won the overall cost comparison, Nissan beat the rival top selling Japanese automaker in a model comparison between the Nissan Altima and Toyota Camry. The Altima costs an average of $968.83 to insure while the Camry averages $1060.60.
According to MotorIntellignence.com, sales of the Toyota Camry are up over 44% compared to last year's numbers. Additionally, the Toyota Corolla, Prius and RAV4 are included on the Motor Intelligence top 20 domestic sales list. The Altima was Nissan's lone contribution to the list.
"While there are many variables that determine the cost of insurance for a particular vehicle, we determined Toyota owners generally pay less to insure at the present time," Automobile.com columnist Andrew Evans said.
In the latest report, Automobile.com provided advice to Nissan owners looking to shrink the cost disparity gap:
Potential car buyers who favor Nissan may want to consider a model such as the Altima, which may beat the annual insurance premiums associated with Toyota's Camry. Current Nissan owners can add features such as aftermarket alarm systems which could lower monthly premiums, depending on the insurance company.
"As always, we encourage all drivers to compare car insurance quotes using our free comparison feature," Evans said. "We have heard from countless users who have saved significant amounts of money and enjoy better coverage as a result of taking a couple minutes out of their day to browse our site."
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Disclaimer: This press release is for informational purposes only. The data, facts, figures, and estimations included in the press release were obtained from several public and private institutions in addition to consenting user responses through commissioned surveys. Automobile.com is in no way affiliated with any person or company heretofore mentioned and makes no warranty or guarantee of the authenticity, accuracy or permanence of the information presented in the press release.