Ford Edge Insurance Rate Quotes in Jersey City

It’s a known fact that insurance companies don’t want you to compare rates. Drivers who shop around for better prices will probably switch insurance companies because they have good chances of finding lower prices. A recent survey found that people who faithfully checked for cheaper rates saved about $72 a month as compared to drivers who never shopped around for better prices.

If finding budget-friendly rates on car insurance is the reason for your visit, then knowing the best ways to find and compare coverages can help you be more efficient.

To save the most money, the best way to get the cheapest auto insurance rates is to compare prices regularly from different companies that sell auto insurance in Jersey City.

Step 1: Spend some time learning about the coverage provided by your policy and the modifications you can make to keep rates down. Many factors that are responsible for high rates such as traffic violations, accidents, and a not-so-good credit score can be eliminated by making minor driving habit or lifestyle changes.

Step 2: Compare prices from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only quote rates from a single company like GEICO or State Farm, while independent agents can provide price quotes for a wide range of companies.

Step 3: Compare the quotes to your current policy and determine if cheaper Edge coverage is available. If you find a lower rate quote and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.

Step 4: Tell your current agent or company of your intent to cancel your current car insurance policy and submit payment along with a signed and completed policy application to your new company or agent. Don’t forget to store the proof of insurance certificate in an easily accessible location in your vehicle.

The key thing to remember is to use the same deductibles and limits on every quote request and and to look at all possible companies. This guarantees a level playing field and the best price quote selection.

If you’re already insured, you stand a good chance to be able to get lower rates using this information. Locating the best rates in Jersey City is much easier if you know where to start. But New Jersey drivers do need to know the way companies market on the web because it varies considerably.

Ford Edge insurance quotes comparison

All the larger car insurance companies like 21st Century, Allstate and State Farm give insurance quotes direct online. The process doesn’t take much effort because it’s just a matter of typing in your required coverages into the quote form. Behind the scenes, their rating system automatically orders your driving record and credit report and gives you a price quote based on these factors. Using the web to get price quotes for Ford Edge insurance in Jersey City makes comparing rates easy, and it’s absolutely necessary to perform this step if you are searching for the most affordable premium possible.

To save time and get comparison pricing now, compare rates now from the companies shown below. If you have a policy now, it’s recommended that you enter your coverages exactly as they are listed on your policy. Doing this assures you will have an apples-to-apples comparison for similar coverage.

The providers in the list below offer free rate quotes in New Jersey. If you want to find the best cheap car insurance in Jersey City, NJ, it’s highly recommended you visit several of them to get the best price comparison.

Three good reasons to insure your vehicle

Despite the potentially high cost of Ford Edge insurance, insurance serves a purpose in several ways.

First, almost all states have mandatory liability insurance requirements which means it is punishable by state law to not carry specific limits of liability insurance coverage in order to be legal. 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.

Second, if your car has a loan, most lenders will have a requirement that you buy full coverage to guarantee loan repayment. If coverage lapses or is canceled, the lender will be forced to insure your Ford at a much higher rate and make you pay the higher price.

Third, insurance safeguards not only your vehicle but also your financial assets. It will also cover medical transport and hospital expenses for yourself as well as anyone injured by you. Liability insurance will also pay for a defense attorney if anyone sues you for causing an accident. If damage is caused by hail or an accident, your policy will pay all costs to repair after the deductible has been paid.

The benefits of carrying adequate insurance more than offset the price you pay, particularly if you ever have a claim. According to a survey of 1,000 drivers, the average driver is wasting up to $700 annually so it’s important to compare rates at least once a year to save money.

Ford Edge coverage analysis

The premium table shown below showcases detailed analysis of insurance premium costs for Ford Edge models. Learning a little about how auto insurance premiums are established is important to be able to make informed coverage decisions.

Data based on married male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and New Jersey minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Rates do not factor in vehicle garaging location which can affect premiums greatly.

Comparison of policy deductibles

One common question asked by Jersey City drivers is how high or low should comp and collision deductibles be. The data tables below show the rate differences when you select higher and lower insurance deductibles. The first data set uses a $250 deductible and the second rate table uses a $1,000 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, safe-driver, and homeowner. Estimates do not factor in specific location information which can raise or lower rates greatly.

We can estimate from the data above that using a $250 deductible could cost the average driver approximately $34 more each month or $408 annually than buying the higher $1,000 deductible. Since you would pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you average at least 22 months between claims, you would save money by going with a higher deductible.

The chart below shows how choosing a deductible and can affect Ford Edge insurance costs for each different age category. The price estimates are based on a single female driver, full coverage, and no additional discounts are factored in.

Responsible drivers pay cheaper auto insurance rates

The chart below highlights how traffic violations and at-fault claims can increase Ford Edge annual premium costs for each age group. The premium estimates are based on a married male driver, full physical damage coverage, $250 deductibles, and no additional discounts are factored in.

Full coverage versus liability-only

The example below illustrates the comparison of Ford Edge insurance premiums with liability coverage only compared to full coverage. The premiums assume no claims or driving citations, $500 deductibles, drivers are not married, and no other discounts are factored in.

Should you buy full coverage or liability only?

There isn’t a steadfast formula to drop physical damage insurance, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is about 10% or more of the vehicle’s replacement cost less your deductible, then you might consider buying liability only.

For example, let’s say your Ford Edge replacement cost is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most your company would pay you is $3,000 after paying your policy deductible. If it’s costing you more than $300 a year for your policy with full coverage, then you might want to consider buying only liability coverage.

There are some cases where dropping full coverage is not a good plan. If you haven’t satisfied your loan, you must maintain physical damage coverage in order to satisfy the requirements of the loan. Also, if you can’t afford to buy a different vehicle in case of an accident, you should not remove full coverage.

Cheaper Jersey City car insurance rates with discounts

Car insurance is not inexpensive, but you might be missing out on some discounts that may help make it more affordable. A few discounts will automatically apply when you get a quote, but occasionally some discounts must be asked about in order for you to get them.

• Federal Employees – Federal government employees could provide a small rate reduction but check with your company.
• Discount for Low Mileage – Keeping the miles down on your Ford may enable drivers to earn lower rates due to less chance of an accident.
• Active Military Service – Having a deployed family member may lower your car insurance rates slightly.
• Payment Discounts – If you can afford to pay the entire bill rather than spreading payments over time you could save 5% or more.
• Early Switch Discount – Some companies provide a discount for switching policies before your current expiration date. This discount can save up to 10%.
• Discount for Multiple Policies – If you combine your auto and home policies with the same company you could get a discount of up to 20% and get you cheaper Edge insurance.
• Discounts for Multiple Vehicles – Purchasing coverage when you have several vehicles on the same car insurance policy can reduce the rates for all insured vehicles.
• Claim Free – Drivers with accident-free driving histories can save substantially as compared to frequent claim filers.
• Use Seat Belts – Forcing all vehicle occupants to buckle up can save 10% or more on the premium charged for medical payments and/or PIP.
• New Car Discount – Buying a new car model can save up to 30% since new model year vehicles have better safety ratings.

As a footnote on discounts, most credits do not apply to the entire cost. A few only apply to individual premiums such as comprehensive or collision. Even though it may seem like adding up those discounts means a free policy, it doesn’t quite work that way.

The information below shows the difference between Ford Edge car insurance rates with and without discounts applied to the policy rates. The rates are based on a male driver, no driving violations, no at-fault accidents, New Jersey state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, multi-policy, multi-car, safe-driver, and claim-free discounts applied.

If you would like to see a list of companies with the best discounts in Jersey City, follow this link.

What is the best auto insurance company in Jersey City?

Finding the top insurance provider can be difficult considering how many different companies insure vehicles in New Jersey. The company ratings in the next section can help you decide which car insurance companies you want to consider comparing price quotes from.

Top 10 Jersey City Car Insurance Companies by A.M. Best Rank

1. GEICO – A++
2. Travelers – A++
3. State Farm – A++
4. USAA – A++
5. Allstate – A+
6. Nationwide – A+
7. Mercury Insurance – A+
8. Progressive – A+
9. The Hartford – A+
10. Esurance – A+

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