Honda Insight Insurance Quotes in Jersey City

Having to pay for overpriced insurance in Jersey City can bottom out your family’s budget and force you to prioritize other expenses. Comparing rates annually is free and is an excellent way to reduce premiums and put more money in your pocket.

It’s safe to assume that insurance companies don’t want you to look at other companies. Insureds who shop around for the cheapest rate will most likely buy a different policy because there is a high probability of finding coverage at a cheaper rate. A recent study showed that people who routinely compared quotes saved an average of $865 a year compared to other drivers who never shopped around for better prices.

If finding the best price on car insurance is why you’re reading this, then having some knowledge of how to get price quotes and compare insurance rates can help make the process easier.

Numerous auto insurance companies battle for your hard-earned dollar, and because of this it can be hard to compare insurers and get the definite lowest rate on Honda Insight insurance in Jersey City.

It’s a good idea to check insurance prices before your next renewal because prices tend to go up over time. Even if you think you had the best rates on Honda Insight insurance in Jersey City on your last policy other companies may now be cheaper. Ignore everything you know about insurance because I’m going to let you in on the secrets to the only way to save money, get proper deductibles and limits, all at the lowest rate.

If you have auto insurance now, you will most likely be able to cut your premiums using the techniques covered below. Choosing the best rates in Jersey City can be easy if you know a few tricks. But New Jersey consumers must comprehend the way companies set your policy premium and take advantage of how the system works.

Lower-cost Jersey City insurance rates with discounts

Some insurers don’t necessarily list every available discount in a way that’s easy to find, so the list below gives a summary of a few of the more common as well as the least known discounts that may be available.

• Jersey City Homeowners Pay Less – Simply owning a home can help you save on insurance because maintaining a house is proof that your finances are in order.
• Multi-car Discount – Insuring more than one vehicle with the same company can get a discount for every vehicle.
• Mature Driver Discount – Seniors can get a slight reduction on a Jersey City auto insurance quote.
• Resident Student – Older children who are enrolled in a college that is more than 100 miles from Jersey City and do not have a car could qualify for this discount.
• Paper-free Discount – Certain larger companies may give you up to $50 for buying your policy digitally online.
• Payment Method – By paying your policy upfront rather than spreading payments over time you can actually save on your bill.

It’s important to note that some of the credits will not apply to all coverage premiums. Most only apply to the cost of specific coverages such as collision or personal injury protection. Even though it may seem like all those discounts means the company will pay you, company stockholders wouldn’t be very happy. Any amount of discount will lower your policy cost.

The information below shows the comparison of Honda Insight insurance prices with and without some available policy discounts. The premium estimates are based on a female driver, no tickets, no at-fault accidents, New Jersey state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, marriage, claim-free, homeowner, and multi-car discounts applied.

Large insurance companies and some of the premium reductions they offer are detailed below.

• Progressive includes discounts for multi-policy, online signing, multi-vehicle, homeowner, continuous coverage, good student, and online quote discount.
• AAA offers discounts including education and occupation, pay-in-full, multi-car, AAA membership discount, anti-theft, multi-policy, and good driver.
• Farmers Insurance has savings for pay in full, teen driver, mature driver, youthful driver, and homeowner.
• GEICO has discounts for daytime running lights, multi-policy, defensive driver, five-year accident-free, anti-theft, anti-lock brakes, and membership and employees.
• Esurance may offer discounts for claim free, online shopper, DriveSense, multi-car, and homeowner.
• SAFECO policyholders can earn discounts including accident prevention training, homeowner, teen safety rewards, anti-theft, and anti-lock brakes.
• State Farm may have discounts that include good driver, driver’s education, safe vehicle, defensive driving training, good student, and student away at school.

If you want affordable Honda Insight insurance quotes, ask every insurance company which discounts you may be entitled to. Depending on the company, some discounts may not apply to policies in every state. For a list of companies with the best Honda Insight insurance discounts in Jersey City, click here.

Shop Honda Insight insurance online

Many insurance companies make it easy to get coverage price quotes on their websites. Obtaining pricing for Honda Insight insurance in Jersey City is easy for anyone as you just type in your coverage information on the page. Once entered, the system gets information on your driving record and credit history and quotes a price based on the data you entered. Getting online rate quotes for Honda Insight insurance in Jersey City helps simplify price comparisons, and it’s very important to compare as many rates as possible in order to find the most affordable possible premiums on car insurance.

If you want to find out how much you’re overpaying now, consider comparing rates from the companies shown below. If you have your current policy handy, we recommend you enter the limits and deductibles as shown on your current policy. Using the same limits helps guarantee you will be getting comparison quotes for similar coverage.

The companies in the list below provide price comparisons in Jersey City, NJ. If you want to find the cheapest auto insurance in Jersey City, we suggest you click on several of them to get the best price comparison.

Rates and data analysis

The rate table shown below covers detailed analysis of coverage costs for Honda Insight models. Having a good understanding how prices are calculated helps drivers make informed decisions when comparing rates.

Prices above based on single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and New Jersey minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-policy, and multi-vehicle. Prices do not factor in zip code location which can raise or lower rates considerably.

Raise deductibles and save

One frequently asked question is which comprehensive and collision deductibles to buy. The following tables highlight how much more rates are between low and high policy deductibles. The first table uses a $100 comprehensive and collision deductible and the second pricing table uses a $1,000 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, homeowner, and multi-policy. Rate information does not factor in vehicle location which can increase or decrease premiums considerably.

Based on the above data, using a $100 deductible costs about $49 more each month or $588 each year averaged for all Insight models than choosing the higher $1,000 deductible. Since you would have to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to average more than 18 months between claims, you would come out ahead by going with a higher deductible.

Local Jersey City insurance agents

Some people still prefer to buy from a licensed agent and that is recommended in a lot of cases One of the best bonuses of comparing rate quotes online is the fact that you can find lower rates and still choose a local agent. Supporting neighborhood agents is important particularly in Jersey City.

Once you complete this simple form, your insurance coverage information is immediately sent to local insurance agents in Jersey City that give free quotes for your coverage. You don’t have to contact any agents since rate quotes are delivered directly to you. You can most likely find cheaper rates without a big time investment. In the event you want to get a rate quote from a particular provider, feel free to visit that company’s website and submit a quote form there.

Two types of Jersey City car insurance agents

When finding a reliable insurance agent, it helps to know the two types of agencies and how they can service your needs differently. Auto insurance agencies can be described as either exclusive agents or independent agents.

Independent Auto Insurance Agents

These type of agents do not sell for just one brand and that is an advantage because they can write policies through lots of different companies and possibly get better coverage at lower prices. If premiums increase, your agent can just switch to a different company and you won’t have to switch agencies.

If you are comparing rate quotes, you will definitely want to check rates from at least one independent agent in order to compare the most rates.

The following is a small list of independent agents in Jersey City who can help you get free auto insurance quotes.

More insurance agents

Exclusive Auto Insurance Agents

These type of agents can only write with one company such as Allstate, State Farm and Farm Bureau. Exclusive agents cannot give you multiple price quotes so always compare other rates. Exclusive agencies are well trained on sales techniques which helps them sell insurance even at higher premiums.

The following are Jersey City exclusive agents who can help you get comparison quotes.

More insurance agents

Finding a good auto insurance agent requires you to look at more than just the quoted price. These are valid questions to ask:

• Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
• Is working in the agency their full-time job?
• Will your rates increase after a single accident?
• Can you use your own choice of collision repair facility?
• Do they receive special compensation for putting your coverage with one company over another?
• Do they specialize in personal lines coverage in Jersey City?

Auto insurance coverage basics

Understanding the coverages of your policy helps when choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. Below you’ll find typical coverage types found on the average auto insurance policy.

Collision coverage – This will pay to fix damage to your Insight resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like hitting a parking meter, crashing into a ditch and scraping a guard rail. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. You can also choose a higher deductible on your Insight to bring the cost down.

UM/UIM Coverage – This provides protection from other motorists when they are uninsured or don’t have enough coverage. It can pay for injuries to you and your family as well as damage to your Honda Insight.

Since many New Jersey drivers have only the minimum liability required by law (New Jersey limits are 15/30/5), it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally these coverages do not exceed the liability coverage limits.

Auto liability insurance – Liability coverage provides protection from damage or injury you incur to other’s property or people that is your fault. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 15/30/5 that translate to $15,000 bodily injury coverage, a limit of $30,000 in injury protection per accident, and property damage coverage for $5,000. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.

Liability can pay for things like loss of income, bail bonds, repair costs for stationary objects, attorney fees and medical services. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as much as you can afford. New Jersey requires minimum liability limits of 15/30/5 but you should think about purchasing better liability coverage.

The chart below demonstrates why the minimum limit may not be enough.

Medical costs insurance – Coverage for medical payments and/or PIP reimburse you for bills for things like chiropractic care, funeral costs, doctor visits, prosthetic devices and ambulance fees. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like hail damage, damage from getting keyed and damage from flooding. The highest amount you can receive from a comprehensive 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.

Find cheaper car insurance rates by comparing often

As you prepare to switch companies, don’t be tempted to skimp on critical coverages to save a buck or two. In many cases, drivers have reduced liability limits or collision coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. Your strategy should be to buy a smart amount of coverage at the best cost, but do not sacrifice coverage to save money.

You just read a lot of ways to save on Honda Insight insurance in Jersey City. The most important thing to understand is the more rate quotes you have, the better your comparison will be. Drivers may even discover the lowest priced car insurance comes from a small local company. Some small companies may often insure only within specific states and give better rates than the large multi-state companies such as Progressive or GEICO.

How to find the cheapest rates for Honda Insight insurance in Jersey City

The preferred way to get cheaper Honda Insight insurance is to annually compare prices from insurance carriers that insure vehicles in Jersey City. You can compare rates by following these steps.

First, try to learn about how auto insurance works and the steps you can take to keep rates in check. Many policy risk factors that result in higher rates such as speeding and a less-than-favorable credit history can be controlled by paying attention to minor details.

Second, request rate estimates from direct, independent, and exclusive agents. Exclusive agents and direct companies can only give rate quotes from a single company like GEICO or Allstate, while agents who are independent can provide rate quotes for a wide range of companies. Compare rates

Third, compare the quotes to your existing coverage to see if you can save by switching companies. If you can save some money and buy the policy, verify that coverage does not lapse between policies.

The key thing to know about shopping around is that you use the same amount of coverage on every quote request and and to get rate quotes from as many car insurance companies as possible. Doing this ensures an accurate price comparison and the best price quote selection.

Additional information can be read on the following sites:

• Insuring a Leased Car (Insurance Information Institute)
• What Insurance is Cheapest for Postal Workers in Jersey City? (FAQ)
• New head restraint design cuts injuries (Insurance Institute for Highway Safety)
• Things to Know Before you Cancel Insurance (Allstate)
• Distracted Driving Statistics (Insurance Information Institute)
• Neck Injury FAQ (iihs.org)