Sad but true, most consumers kept buying from the same company for over three years, and practically 40% of car insurance customers have never shopped around. Many consumers in Jersey City could save almost $720 every year just by getting comparison quotes, but they just feel it’s too hard to shop around.
If saving money is your primary concern, then the best way to quote cheaper Toyota Matrix insurance in Jersey City is to annually compare prices from providers who provide auto insurance in New Jersey. Rate comparisons can be done by completing these steps.
First, try to comprehend how insurance works and the measures you can take to prevent expensive coverage. Many factors that increase rates like accidents, traffic violations, and a low credit score can be remedied by making lifestyle changes or driving safer. Keep reading for additional ideas to help find cheaper rates and find missing discounts.
Second, compare price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can give quotes from one company like GEICO and Allstate, while agents who are independent can quote prices for a wide range of insurance providers. Select a company
Third, compare the new quotes to your current policy to see if switching to a new carrier will save money. If you find a lower rate quote and make a switch, make sure there is no lapse in coverage.
An important bit of advice to remember is to use identical coverages on every price quote and and to get rates from as many companies as possible. This ensures an apples-to-apples comparison and plenty of rates choose from.
If you have coverage now or are shopping for new coverage, you can follow these tips to lower your rates without reducing coverage. Locating the best rates in Jersey City can be easy if you know a few tricks. Drivers just need to use the proper way to compare price quotes on the web.
Get affordable Toyota Matrix insurance in Jersey City with discounts
Properly insuring your vehicles can get expensive, but you might already qualify for some discounts that many consumers don’t even know exist. Some of these discounts will be visible at the time of quoting, but a few must be specifically requested before you will receive the discount.
- Theft Prevention System – Vehicles optioned with advanced anti-theft systems help deter theft and qualify for as much as a 10% discount.
- One Accident Forgiven – Not necessarily a discount, but companies like Allstate, Progressive, and GEICO will allow you to have one accident before hitting you with a surcharge with the catch being you have to be claim-free prior to being involved in the accident.
- Save with More Vehicles Insured – Insuring multiple cars on one policy may reduce the rate for each vehicle.
- Federal Employees – Employees or retirees of the government could qualify for a slight premium decrease with a few insurance companies.
- Resident Student – Any of your kids who live away from home at college without a vehicle on campus may qualify for this discount.
- Active Military Service – Having a deployed family member may qualify for rate reductions.
- Early Renewal Discounts – Select insurance companies give a discount for switching companies before your current expiration date. It can save you around 10%.
- 55 and Retired – Drivers over the age of 55 could receive a small decrease in premiums.
- Drivers Ed for Students – Cut your cost by having your teen driver enroll in driver’s education as it can save substantially.
Remember that most discounts do not apply to the entire cost. Some only apply to specific coverage prices like collision or personal injury protection. So even though they make it sound like you could get a free insurance policy, nobody gets a free ride.
The example below shows the difference between Toyota Matrix insurance costs with and without discounts applied to the rates. The data assumes a female driver, no claims, a clean driving record, New Jersey state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, safe-driver, homeowner, multi-policy, multi-car, and marriage discounts applied.
A few of the larger companies and some of the premium reductions they offer are detailed below.
- Esurance may have discounts that include online quote, defensive driver, Pac-12 alumni, homeowner, and anti-theft.
- The Hartford may include discounts for bundle, anti-theft, vehicle fuel type, good student, and driver training.
- AAA offers premium reductions for multi-car, AAA membership discount, pay-in-full, multi-policy, anti-theft, and good student.
- GEICO offers discounts including emergency military deployment, five-year accident-free, defensive driver, daytime running lights, and driver training.
- State Farm may offer discounts for defensive driving training, driver’s education, student away at school, accident-free, safe vehicle, and multiple autos.
If you need affordable Toyota Matrix insurance quotes, ask every insurance company how you can save money. Some of the discounts discussed earlier might not be offered in Jersey City. To view insurers with the best discounts in New Jersey, click this link.
The providers in the list below can provide free rate quotes in New Jersey. To buy cheap car insurance in Jersey City, NJ, we recommend you visit several of them to get a more complete price comparison.
Toyota Matrix insurance statistics and information
The coverage table shown below highlights detailed analysis of rate quotes for Toyota Matrix models. Understanding more about how policy rates are established is important for making smart choices when purchasing an insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Matrix 2WD | $278 | $644 | $544 | $32 | $162 | $1,660 | $138 |
| Matrix S 2WD | $320 | $760 | $544 | $32 | $162 | $1,818 | $152 |
| Matrix S AWD | $320 | $760 | $544 | $32 | $162 | $1,818 | $152 |
| Matrix XRS 2WD | $320 | $760 | $544 | $32 | $162 | $1,818 | $152 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and New Jersey minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Estimates do not factor in your specific Jersey City location which can revise insurance rates noticeably.
How careless driving impacts Jersey City insurance rates
The diagram below illustrates how speeding tickets and accidents can affect Toyota Matrix insurance prices for each age group. The premium estimates are based on a married male driver, comprehensive and collision coverage, $250 deductibles, and no other discounts are factored in.
Cost of full coverage in Jersey City
The diagram below illustrates the comparison of Toyota Matrix car insurance costs with full coverage and liability only. The prices are based on a clean driving record, no at-fault accidents, $250 deductibles, drivers are not married, and no policy discounts are applied.
Should you pay for full coverage?
There isn’t a steadfast formula to delete physical damage coverage on your policy, but there is a general school of thought. If the annual cost of your full coverage insurance is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then you may need to consider dropping full coverage.
For example, let’s pretend your Toyota Matrix replacement cost is $3,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most your company will settle for is $2,000 after you pay the deductible. If you are paying more than $200 annually for your policy with full coverage, then it may be the right time to buy liability only.
There are some cases where dropping physical damage coverage is not in your best interest. If you haven’t paid off your loan, you are required to maintain full coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage in place.
Insurance agent or online?
Some people would prefer to get advice from a local agent and that is OK! Professional agents will help you protect your assets and give you someone to call. One of the benefits of comparing rate quotes online is that drivers can save money and get cheaper car insurance rates and still buy from a local agent.
Once you complete this form (opens in new window), the quote information is instantly submitted to participating agents in Jersey City that can give you free Jersey City auto insurance quotes for your auto insurance coverage. It’s much easier because you don’t need to contact any agents due to the fact that quote results will go immediately to your email address. If for some reason you want to compare prices from one company in particular, you just need to navigate to their website and submit a quote form there.
Deciding on an provider requires more thought than just the quoted price. Any agent in Jersey City should be forthright in answering these questions:
- Does the agency support the community they serve?
- Will they make sure you get an adequate claim settlement?
- Is assistance available after office hours?
- What are the financial ratings for the companies they represent?
- Do they offer accident forgiveness?
- Can you use your own choice of collision repair facility?
Shown below is a list of auto insurance companies in Jersey City that may be able to provide price quotes for Toyota Matrix insurance in Jersey City.
Dieugrand Insurance
582 West Side Ave – Jersey City, NJ 07304 – (201) 209-1306 – View Map
MHM Insurance
243 Central Ave # 1 – Jersey City, NJ 07307 – (201) 721-6081 – View Map
Lou Schloss Agency Inc
31 River Ct – Jersey City, NJ 07310 – (201) 626-7589 – View Map
State Farm Insurance – Freddy Duran
1025 Summit Ave – Jersey City, NJ 07307 – (201) 604-3874 – View Map
Final considerations
Cheap Toyota Matrix insurance in Jersey City is possible on the web and with local Jersey City insurance agents, so you need to shop Jersey City auto insurance with both to have the best chance of lowering rates. Some insurance providers don’t offer online price quotes and usually these smaller providers sell through independent insurance agencies.
We just showed you quite a bit of information on how to shop for Toyota Matrix insurance online. The most important thing to understand is the more times you quote, the higher the chance of saving money. Drivers may even discover the lowest priced insurance comes from some of the lesser-known companies. Smaller companies may only write in your state and offer lower premium rates than the large multi-state companies such as State Farm and Allstate.
More information can be read at the links below
- Side Impact Crash Tests (iihs.org)
- Who Has Cheap Jersey City Car Insurance Quotes for State Employees? (FAQ)
- Who Has Affordable Jersey City Auto Insurance Quotes for a Toyota Tacoma? (FAQ)
- Who Has Cheap Car Insurance Quotes for Teenage Males in Jersey City? (FAQ)
- Choosing an Insurance Company (Insurance Information Institute)
- Neck Injury FAQ (iihs.org)