It’s an obvious statement that insurance companies don’t want you comparing rates. Consumers who compare rates once a year will presumably buy a different policy because there is a good chance of finding good coverage at a lower price. A recent study showed that consumers who regularly compared rates saved $70 a month as compared to drivers who never compared rates.
If finding low prices for Mitsubishi Endeavor insurance is your ultimate goal, then learning about the best way to quote and compare car insurance can help simplify the task of finding more affordable coverage.
Really, the only way to find affordable quotes for Mitsubishi Endeavor insurance is to make a habit of regularly comparing prices from insurance carriers who can sell car insurance in Jersey City. Rate comparisons can be done by following these guidelines.
- Gain an understanding of how car insurance works and the steps you can take to keep rates in check. Many policy risk factors that are responsible for high rates like traffic citations and a negative credit history can be controlled by making lifestyle changes or driving safer.
- Get rate quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can only give rate quotes from one company like GEICO or Farmers Insurance, while agents who are independent can quote prices for a wide range of companies. View rates
- Compare the new rate quotes to the premium of your current policy to see if a cheaper price is available in Jersey City. If you find a lower rate quote and buy the policy, make sure there is no coverage gap between policies.
A tip to remember is that you use identical coverage information on every price quote and and to compare as many companies as possible. Doing this ensures an apples-to-apples comparison and many rates to choose from.
Just remember that comparing a large number of companies increases your odds of finding the best price.
The following companies are our best choices to provide free rate quotes in Jersey City, NJ. To buy the best car insurance in Jersey City, NJ, it’s a good idea that you compare several of them to find the most competitive auto insurance rates.
Discounts can help to save on Mitsubishi Endeavor insurance in Jersey City
Car insurance companies don’t always publicize every available discount in an easy-to-find place, so the list below details some of the more common as well as the least known discounts that may be available.
- Theft Deterrent System – Vehicles equipped with tracking devices and advanced anti-theft systems prevent vehicle theft and will save you 10% or more on Endeavor insurance in Jersey City.
- Senior Citizens – Drivers over the age of 55 could receive lower premium rates.
- Discount for Home Ownership – Being a homeowner may earn you a small savings since home ownership requires personal responsibility.
- Telematics Discount – Jersey City drivers who agree to allow data collection to track where and when they drive remotely such as Snapshot from Progressive or Drivewise from Allstate could possibly reduce rates if they show good driving skills.
- Good Student Discount – Performing well in school may save as much as 25% on a Jersey City car insurance quote. The discount lasts up to age 25.
- Discounts for New Vehicles – Buying insurance coverage on a new vehicle is cheaper because newer vehicles are generally safer.
- College Student Discount – Youth drivers who are enrolled in a college that is more than 100 miles from Jersey City and do not take a car to college may qualify for this discount.
- Memberships – Affiliation with qualifying employment or professional organizations can get you a small discount on your policy.
Don’t be shocked that some of the credits will not apply to the overall cost of the policy. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. Despite the appearance that all the discounts add up to a free policy, companies wouldn’t make money that way.
The example below shows the difference between Mitsubishi Endeavor auto insurance costs with and without discounts applied to the policy premium. The prices are based on a male driver, a clean driving record, no claims, New Jersey state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, multi-policy, multi-car, homeowner, and claim-free discounts applied.
A few popular companies and some of the discounts are:
- AAA has savings for pay-in-full, good student, multi-policy, multi-car, anti-theft, and AAA membership discount.
- Progressive offers discounts including online signing, multi-vehicle, good student, online quote discount, continuous coverage, and multi-policy.
- State Farm policyholders can earn discounts including anti-theft, good driver, multiple autos, good student, passive restraint, Steer Clear safe driver discount, and Drive Safe & Save.
- Esurance may include discounts for claim free, online quote, safety device, Pac-12 alumni, paid-in-full, and anti-theft.
- Nationwide offers discounts for family plan, easy pay, accident-free, defensive driving, good student, and multi-policy.
When getting a coverage quote, ask every prospective company how many discounts you can get. Depending on the company, some discounts might not be offered in your area.
Coverage statistics and figures
The premium table displayed below highlights estimates of insurance policy prices for Mitsubishi Endeavor models. Having a good understanding how insurance prices are figured can be valuable when making informed decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Endeavor LS 2WD | $344 | $504 | $630 | $38 | $188 | $1,704 | $142 |
| Endeavor LS AWD | $344 | $504 | $630 | $38 | $188 | $1,704 | $142 |
| Endeavor SE 2WD | $344 | $504 | $630 | $38 | $188 | $1,704 | $142 |
| Endeavor SE AWD | $388 | $504 | $630 | $38 | $188 | $1,748 | $146 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and New Jersey minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Prices do not factor in specific garaging location which can lower or raise premiums substantially.
Choosing deductibles
One common question asked by Jersey City drivers is how high or low should comp and collision deductibles be. The rates shown below sum up how much more rates are when you select higher and lower insurance deductibles. The first data table uses a $250 physical damage coverage deductible and the second set of prices uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Endeavor LS 2WD | $372 | $626 | $480 | $28 | $144 | $1,675 | $140 |
| Endeavor LS AWD | $372 | $626 | $480 | $28 | $144 | $1,675 | $140 |
| Endeavor SE 2WD | $372 | $626 | $480 | $28 | $144 | $1,675 | $140 |
| Endeavor SE AWD | $420 | $626 | $480 | $28 | $144 | $1,723 | $144 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Endeavor LS 2WD | $302 | $504 | $480 | $28 | $144 | $1,458 | $122 |
| Endeavor LS AWD | $302 | $504 | $480 | $28 | $144 | $1,458 | $122 |
| Endeavor SE 2WD | $302 | $504 | $480 | $28 | $144 | $1,458 | $122 |
| Endeavor SE AWD | $340 | $504 | $480 | $28 | $144 | $1,496 | $125 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Premium amounts do not factor in Jersey City location which can increase or decrease price quotes significantly.
We can derive from the above data that using a $250 deductible will cost you roughly $18 more each month or $216 each year across all Mitsubishi Endeavor models than buying the higher $500 deductible. Because you would pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you have at a minimum 14 months between claims, you would save money going with the higher deductible.
Poor driving habits will raise your insurance rates
The example below shows how speeding tickets and at-fault fender-benders can drive up Mitsubishi Endeavor insurance costs for different categories of driver ages. The information is based on a married male driver, full coverage, $500 deductibles, and no discounts are applied to the premium.
Full coverage versus liability-only
The example below shows the comparison of Mitsubishi Endeavor insurance premiums with full physical damage coverage compared to only buying the minimum liability limits required in New Jersey. The rates are based on no claims or driving citations, $500 deductibles, single status, and no discounts are applied.
When to stop buying comprehensive and collision coverage
There is no exact formula for dropping comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the yearly cost of full coverage is more than 10% of any settlement you would receive from your insurance company, then it might be time to consider dropping full coverage.
For example, let’s assume your Mitsubishi Endeavor claim settlement value is $5,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most you would receive is $4,000 after paying your policy deductible. If it’s costing in excess of $400 a year for comprehensive and collision coverage, the it may be a good time to stop paying for full coverage.
There are some circumstances where eliminating full coverage is not financially feasible. If you still owe a portion of the original loan, you have to keep full coverage as part of the loan conditions. Also, if you don’t have enough money to buy a different vehicle in the event your current vehicle is totaled, you should not drop full coverage.
Local insurance agents
A small number of people just prefer to talk to a local agent and that is just fine! An additional benefit of comparing rates online is the fact that drivers can get better rates and also buy local. And buying from small agencies is especially important in Jersey City.
For easy comparison, once you complete this quick form, your insurance data is sent to agents in your area who can give free rate quotes and help you find cheaper coverage. It makes it easy because there is no need to contact an agency because quoted prices will be sent to your email. You can most likely find cheaper rates and an insurance agent to talk to. If you need to get a price quote from a specific insurance company, don’t hesitate to navigate to their website and give them your coverage information.
Not all car insurance agents are the same
When looking for a local insurance agency, you should know the types of agencies that you can select. Auto insurance agencies can be described as either independent (non-exclusive) or exclusive.
Independent Auto Insurance Agencies or Brokers
Agents in the independent channel are not locked into one company so they can quote policies with a variety of different insurance companies and find the cheapest rate. If your premiums go up, they simply switch companies in-house and you won’t have to switch agencies. If you are comparing rate quotes, you absolutely need to get several quotes from at a minimum one independent agency in order to have the best price comparison. Most also have access to companies you’ve never heard of who may have lower rates.
The following is a list of independent insurance agents in Jersey City that can give you competitive price quotes.
- Sam’s Insurance and Travel
3396 John F. Kennedy Blvd – Jersey City, NJ 07307 – (201) 659-6800 – View Map - Arch Insurance
300 Exchange Pl – Jersey City, NJ 07311 – (201) 743-4000 – View Map - Preferred Choice Insurance Agency
225 Newark Ave – Jersey City, NJ 07302 – (201) 616-7644 – View Map
Exclusive Agents
Exclusive insurance agents write business for a single company like AAA, Allstate, and State Farm. They usually cannot provide rate quotes from other companies so always compare other rates. Exclusive insurance agents receive a lot of sales training on their company’s products which helps them sell insurance even at higher premiums. Consumers often buy from exclusive agents partially due to high brand loyalty rather than low price.
The following is a short list of exclusive insurance agents in Jersey City willing to provide price quotes.
- Tawanda Jackson – State Farm Insurance Agent
688 NJ-440 – Jersey City, NJ 07305 – (201) 209-0290 – View Map - State Farm Insurance – Freddy Duran
1025 Summit Ave – Jersey City, NJ 07307 – (201) 604-3874 – View Map - Joe Nachbaur – State Farm Insurance Agent
505 Central Ave – Jersey City, NJ 07307 – (201) 222-8866 – View Map
Choosing an auto insurance agent should depend on more than just a cheap price. Any agent in Jersey City should be willing to answer these questions.
- Do you have coverage for a rental car if your vehicle is in the repair shop?
- Does the agency have a positive business rating?
- How much training do they have in personal risk management?
- Is insurance their full-time profession?
- What insurance companies do they work with in Jersey City?
- How often do they review policy coverages?
Seven Tips to Get Cheaper Jersey City Insurance Rates
Consumers need to have an understanding of the different types of things that help calculate your premiums. When consumers understand what determines premiums, this enables you to make decisions that may reward you with cheaper rates.
The following are just a few of the factors used by insurance companies to determine your rates.
- Discounts for auto and home policies – The majority of companies give better rates to insureds who consolidate policies with them in the form of a multi-policy discount. Even if you’re getting this discount you may still want to get quotes from other companies to guarantee you are still saving the most.
- Buy a safe car and pay less – Vehicles with high crash test scores get lower rates. Vehicles engineered for safety help reduce the chance of injuries in an accident and fewer serious injuries translates directly to fewer claims and lower rates for you. If your Mitsubishi is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website you may qualify for a discount.
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Performance impacts rates – The make and model of the car or truck you are trying to find cheaper insurance for makes a huge difference in how high your rates are. Small economy passenger cars usually are quite affordable to insure, but other factors influence the final cost greatly.
The data below assumes a single male driver age 20, full coverage with $500 deductibles, and no discounts or violations. It shows Mitsubishi Endeavor policy rates compared to other makes and models that have different performance rating factors.
- Get better rates if married – Having a wife or husband may cut your premiums when shopping for auto insurance. Having a spouse generally demonstrates drivers are more mature than a single person and it’s statistically proven that being married results in fewer claims.
- Certain employers raise rates – Jobs like judges, business owners, and miners generally pay higher rates than average attributed to stressful work requirements and extremely grueling work hours. On the other hand, jobs like scientists, athletes and retirees receive lower rates.
- Discounts for GPS tracking and theft deterrents – Choosing to buy a car with an alarm system can get you a discount on your auto insurance. Theft prevention devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping vehicle theft.
- Don’t abuse insurance claims – Auto insurance companies in New Jersey give better rates to people who are claim-free. If you are the type of insured that files lots of claims you can expect higher rates. Your car insurance is designed for claims that pose a financial burden.
Insurance in New Jersey serves several purposes
Even though it’s not necessarily cheap to insure a Mitsubishi in Jersey City, maintaining insurance may be required and benefits you in several ways.
- Most states have mandatory liability insurance requirements which means the state requires a specific level of liability insurance coverage if you don’t want to risk a ticket. 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 you have a lien on your Mitsubishi Endeavor, most banks will stipulate that you carry insurance to guarantee their interest in the vehicle. If you default on your policy, the bank will be required to insure your Mitsubishi at a more expensive rate and require you to pay much more than you were paying before.
- Insurance protects both your vehicle and your assets. It also can pay for medical expenses for you, any passengers, and anyone injured in an accident. Liability insurance, one of your policy coverages, will also pay to defend you if someone files suit against you as the result of an accident. If mother nature or an accident damages your car, your insurance policy will pay to repair the damage minus the deductible amount.
The benefits of buying insurance definitely exceed the price paid, particularly for liability claims. But the average driver in New Jersey is currently overpaying as much as $865 each year so you should quote your policy with other companies at least once a year to save money.
Best auto insurance in Jersey City
Insuring your vehicle with the top auto insurance company can be challenging considering how many different companies insure vehicles in Jersey City. The company ratings displayed below could help you decide which car insurance companies you want to consider shopping your coverage with.
Top 10 Jersey City Car Insurance Companies Overall
- Mercury Insurance
- The Hartford
- Progressive
- Travelers
- State Farm
- Farmers Insurance
- Safeco Insurance
- USAA
- GEICO
- 21st Century
Cheaper car insurance prices are available
Some insurance companies may not offer the ability to get quotes online and usually these small, regional companies only sell coverage through independent insurance agents. The cheapest Mitsubishi Endeavor insurance in Jersey City can be found both online and from local agencies, and you need to comparison shop both to have the best selection.
Drivers leave their current company for many reasons like poor customer service, high rates after DUI convictions, being labeled a high risk driver and even denial of a claim. It doesn’t matter why you want to switch finding the right car insurance provider is not as difficult as it may seem.
You just learned some good ideas how you can get a better price on Mitsubishi Endeavor insurance in Jersey City. The most important thing to understand is the more quotes you get, the better your chances of lowering your prices. Consumers may even find the lowest priced car insurance comes from a lesser-known regional company.
Additional car insurance information is located on the following sites:
- How Does Hitting a Deer Impact Insurance Rates? (Allstate)
- Who Has the Cheapest Car Insurance Rates for Drivers Over Age 60 in Jersey City? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for a Dodge Ram in Jersey City? (FAQ)
- Who Has Affordable Jersey City Auto Insurance for 16 Year Olds? (FAQ)
- Who Has Cheap Car Insurance Quotes for Teenage Males in Jersey City? (FAQ)
- Air Bags: Potential Dangers to Your Children (Insurance Information Institute)
- Coverage Information (Progressive Insurance)