Affordable Insurance for a Dodge Ram 3500 in Jersey City

Astonishing but true, the majority of drivers renewed their policy with the same company for more than four years, and approximately 38% of consumers have never quoted auto insurance rates at all. Drivers in Jersey City can save hundreds of dollars each year just by shopping around, but they just feel it’s too hard to shop around.

The easiest way to save on Dodge Ram 3500 insurance is to compare prices annually from different companies in Jersey City. You can shop around by following these steps.

First, it will benefit you to learn about how car insurance works and the modifications you can make to keep rates low. Many rating criteria that result in higher rates such as getting speeding tickets and a poor credit score can be improved by making minor changes in your lifestyle.

Second, obtain price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give rate quotes from one company like Progressive or Farmers Insurance, while agents who are independent can quote rates from many different companies. Compare rates now

Third, compare the quotes to your current policy premium to see if a cheaper rate is available. If you find a lower rate and buy the policy, ensure there is no coverage lapse between policies.

Fourth, tell your current company of your intention to cancel your current car insurance policy. Submit the completed application along with a down payment to your new carrier. Once the paperwork is finalized, safely store the certificate verifying proof of insurance somewhere easily accessible.

An important part of this process is to use the same level of coverage on each quote request and and to compare as many auto insurance providers as possible. This ensures an apples-to-apples comparison and a complete selection of prices.

The following companies provide price comparisons in Jersey City, NJ. If you want cheap auto insurance in Jersey City, we recommend you compare several of them in order to get a fair rate comparison.

Dodge Ram 3500 coverage analysis

The table displayed next covers different insurance prices for Dodge Ram 3500 models. Learning how rates are determined can aid in making decisions when shopping your coverage around.

Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and New Jersey minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Table data does not factor in specific location which can revise price quotes greatly.

Deductible analysis

One of the hardest decisions when shopping for car insurance is which comprehensive and collision deductibles to buy. The tables below show the cost difference between low and high insurance deductibles. The first table uses a $250 deductible for comprehensive and collision coverage and the second price table uses a $1,000 deductible.

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Premium amounts do not factor in Jersey City location which can modify rates noticeably.

Using the premium rates above, we can conclude that using a $250 deductible will cost you about $44 more each month or $528 for a full year across all Dodge Ram 3500 models than buying the higher $1,000 deductible. Since you would have to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you have at a minimum 17 months between claim filings, you would probably come out ahead if you opt for a higher deductible.

The illustration below illustrates how your deductible choice and can impact Dodge Ram 3500 insurance costs for different age groups. The premiums assume a single female driver, full physical damage coverage, and no discounts are taken into consideration.

Insurance rate increases from tickets or accidents

The example below shows how speeding tickets and at-fault fender-benders can increase Dodge Ram 3500 auto insurance costs for different age categories. The prices are based on a married female driver, full coverage, $100 deductibles, and no other discounts are factored in.

Do you qualify for these seven discounts?

Companies that sell car insurance do not advertise every policy discount very well, so the next list breaks down both well-publicized and the harder-to-find discounts that you can inquire about if you buy Jersey City auto insurance online.

• Onboard Data Collection – Insureds that choose to allow driving data collection to study their driving habits by using a small device installed in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system may see discounts as long as they are good drivers.
• Seat Belt Usage – Forcing all vehicle occupants to buckle their seat belts can save a little off PIP or medical payments premium.
• Defensive Driving Course – Successfully completing a defensive driving class may get you a small discount and make you a better driver.
• Student Discount for Driver Training – Cut your cost by having your teen driver participate in a local driver’s education class in school or through a local driver safety program.
• Paperless Signup – A few car insurance companies may give you up to $50 for completing your application on the internet.
• Discount for Swiching Early – A few insurance companies offer discounts for renewing your policy before your current expiration date. It can save you around 10%.
• Discounts for Multiple Vehicles – Purchasing coverage when you have several vehicles on one policy can reduce rates for all insured vehicles.

A little disclaimer on discounts, some credits don’t apply to the entire policy premium. Some only reduce the cost of specific coverages such as physical damage coverage or medical payments. So even though you would think you can get free auto insurance, you’re out of luck.

The illustration below illustrates the difference between Dodge Ram 3500 auto insurance costs with and without discounts applied to the premium. The information is based on a male driver, no accidents, no driving violations, New Jersey state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, homeowner, safe-driver, claim-free, multi-car, and marriage discounts applied.

A list of car insurance companies and a partial list of their discounts can be found below.

• 21st Century offers premium reductions for anti-lock brakes, theft prevention, homeowners, 55 and older, defensive driver, automatic seat belts, and good student.
• State Farm has savings for anti-theft, good driver, student away at school, good student, and multiple policy.
• AAA discounts include anti-theft, good student, education and occupation, AAA membership discount, multi-policy, multi-car, and good driver.
• Liberty Mutual may have discounts that include safety features, exclusive group savings, new move discount, teen driver discount, and new graduate.
• Progressive offers discounts including online quote discount, online signing, multi-policy, multi-vehicle, and homeowner.

It’s a good idea to ask every company the best way to save money. Some discounts listed above might not be available to policyholders everywhere. If you would like to choose from a list of insurers who offer free Dodge Ram 3500 insurance quotes in New Jersey, click this link.

Why car insurance is not optional

Despite the high insurance cost for a Dodge Ram 3500 in Jersey City, car insurance may be required and benefits you in several ways.

• The majority of states have compulsory liability insurance requirements which means it is punishable by state law to not carry a specific minimum amount of liability in order to drive the car legally. In New Jersey these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
• If your Dodge has a lienholder, more than likely the lender will have a requirement that you carry insurance to ensure the loan is repaid in case of a total loss. If you do not pay your insurance premiums, the bank or lender will purchase a policy for your Dodge at a much higher premium rate and force you to reimburse them the higher premium.
• Car insurance protects both your assets and your vehicle. Insurance will pay for all forms of medical expenses for you, your passengers, and anyone else injured in an accident. Liability insurance, one of your policy coverages, also pays for attorney fees and expenses if you are named as a defendant in an auto accident. If your Dodge gets damaged, your policy will pay all costs to repair after the deductible has been paid.

The benefits of having insurance outweigh the cost, particularly for liability claims. But the average driver in New Jersey overpays as much as $820 a year so it’s important to compare rates at every policy renewal to be sure current rates are still competitive.

How to find a good Jersey City car insurance company

Selecting a highly-rated car insurance company is hard considering how many companies there are in Jersey City. The company rank data below can help you decide which car insurance providers you want to consider shopping your coverage with.

Top 10 Jersey City Car Insurance Companies Ranked by Customer Service

1. Mercury Insurance
2. The Hartford
3. American Family
4. Progressive
5. GEICO
6. USAA
7. State Farm
8. Travelers
9. Farmers Insurance
10. Allstate

Local Jersey City insurance agents

Many people prefer to get professional advice from a licensed agent and that is a smart decision Licensed agents are trained to spot inefficiencies and help you file claims. One of the benefits of getting free rate quotes online is that you can obtain lower prices and still have a local agent.

To make it easy to find an agent, after completing this short form, the quote information is transmitted to participating agents in Jersey City who can give free rate quotes to get your business. You won’t even need to leave your computer since price quotes are sent to the email address you provide. If you want to compare rates from a specific insurance company, you would need to navigate to their website and give them your coverage information.

Picking a provider needs to be determined by more than just a cheap price quote. These are some valid questions you should ask.

• Which insurance company do they prefer to write with?
• Which members of your family are coverage by the policy?
• Do they have cheaper tiers of coverage?
• Is vehicle mileage a factor when determining depreciation for repairs?
• In the event of vehicle damage, can you pick the collision repair facility?
• Are they in the agency full-time?
• Are they giving you every discount you deserve?
• Can glass repairs be made at your home?

Choose the right car insurance agent

When finding a reliable insurance agent, there are two different types of agencies and how they can service your needs differently. Agents in Jersey City can either be exclusive or independent (non-exclusive). Either one can write car insurance policies, but it’s important to point out the difference between them since it may influence which agent you choose.

Exclusive Insurance Agents

Agents that elect to be exclusive work for only one company and some examples include Allstate, AAA, Farmers Insurance, and State Farm. They generally cannot provide other company’s prices so you need to shop around if the rates are high. Exclusive agencies are well schooled on their company’s products which aids in selling service over price. Some insured continue to use the same agent partially due to the brand legacy and the convenience of having a single billing for all their coverages.

Below is a short list of exclusive insurance agents in Jersey City willing to provide price quotes.

• Hemant Jiwnani – State Farm Insurance Agent
  2770 John F Kennedy Blvd, FL-1 – Jersey City, NJ 07306 – (201) 653-1770 – View Map
• Joe Nachbaur – State Farm Insurance Agent
  505 Central Ave – Jersey City, NJ 07307 – (201) 222-8866 – View Map
• Farmers Insurance – Karima Panjwani
  591 Summit Ave – Jersey City, NJ 07306 – (201) 793-7525 – View Map

View more Jersey City agents

Independent Agents (or Brokers)

Independent insurance agents are not limited to a single company so they can quote policies with many different companies and help determine which has the cheapest rates. If they quote lower rates, your policy is moved internally and you won’t have to switch agencies.

When comparing car insurance rates, it’s a good idea to get quotes from multiple independent agents for the best price selection. A lot of them also have access to additional companies that you may not be familiar with that may provide cheaper car insurance rates.

Shown below is a short list of independent agencies in Jersey City who can help you get comparison quotes.

• MOMS Insurance Agency
  155 Martin Luther King Dr B – Jersey City, NJ 07305 – (201) 451-3200 – View Map
• Diaz Insurance Agency
  815 Bergenline Ave – Union City, NJ 07087 – (201) 348-1288 – View Map
• Arch Insurance
  300 Exchange Pl – Jersey City, NJ 07311 – (201) 743-4000 – View Map

View more Jersey City agents

Auto insurance coverages and their meanings

Knowing the specifics of your policy helps when choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and nobody wants to actually read their policy.

Auto liability insurance – This can cover injuries or damage you cause to other people or property by causing an accident. It protects YOU against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 15/30/5 that translate to a $15,000 limit per person for injuries, $30,000 for the entire accident, and a total limit of $5,000 for damage to vehicles and property.

Liability insurance covers claims such as structural damage, attorney fees, funeral expenses and loss of income. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible. New Jersey state minimum liability requirements are 15/30/5 but it’s recommended drivers buy higher limits.

The chart below demonstrates why buying low liability limits may not be adequate coverage.

Collision coverage – Collision insurance covers damage to your Ram 3500 resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things like sustaining damage from a pot hole, rolling your car, sideswiping another vehicle and damaging your car on a curb. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Drivers also have the option to bump up the deductible on your Ram 3500 to get cheaper collision coverage.

Medical expense insurance – Med pay and PIP coverage reimburse you for short-term medical expenses like nursing services, prosthetic devices and hospital visits. They are often used in conjunction with a health insurance policy or if you do not have health coverage. They cover all vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Comprehensive (Other than Collision) – Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things like damage from getting keyed, damage from flooding, theft, a tree branch falling on your vehicle and a broken windshield. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Protection from uninsured/underinsured drivers – Your UM/UIM coverage gives you protection from other motorists when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries and also any damage incurred to your Dodge Ram 3500.

Since many New Jersey drivers have only the minimum liability required by law (15/30/5 in New Jersey), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.