Smart shoppers know that insurance companies don’t want customers comparing rates. People who shop around for better prices will most likely buy a new policy because there are good odds of finding a policy with more affordable rates. A recent survey found that drivers who compared rates annually saved approximately $72 a month as compared to drivers who don’t regularly compare prices.
If finding discount rates on auto insurance in Jersey City is your target objective, then having an understanding of how to quote prices and compare coverages can help you succeed in finding affordable rates.
The best way we recommend to get more affordable auto insurance rates is to make a habit of comparing prices annually from insurers in Jersey City.
Step 1: Try to comprehend individual coverages and the steps you can take to lower rates. Many rating factors that cause high rates like getting speeding tickets and an imperfect credit rating can be eliminated by making lifestyle changes or driving safer. This article gives additional tips to help keep prices low and find discounts that you may qualify for.
Step 2: Request rate estimates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only provide price estimates from one company like GEICO and Allstate, while agents who are independent can give you price quotes from multiple companies.
Step 3: Compare the new rate quotes to your current policy to see if switching to a new carrier will save money. If you can save money and make a switch, ensure there is no coverage lapse between policies.
Step 4: Provide adequate notice to your current company of your intent to cancel the current policy and submit the signed application along with the required initial payment to the new company. Make sure you place the new proof of insurance paperwork with your registration paperwork.
A good piece of advice is to use similar coverage information on each quote request and and to compare as many auto insurance providers as possible. Doing this helps ensure an apples-to-apples comparison and a better comparison of the market.
Comparison shopping for more affordable auto insurance coverage in Jersey City is not as time-consuming as you think. Nearly every person who is looking for a better price on auto insurance most likely will be able to lower their premiums. But New Jersey consumers must comprehend the way companies calculate their prices and use it to find better rates.
Smart Consumers Save More
Part of the insurance buying process is learning the rating factors that aid in calculating insurance rates. If you know what influences your rates, this empowers consumers to make smart changes that can help you get cheaper rates. Multiple criteria are part of the equation when pricing auto insurance. Some are pretty understandable such as your driving record, but other criteria are more transparent such as whether you are married or your financial responsibility.
The itemized list below are a few of the things used by companies to determine your rate level.
Advanced theft deterrents – Purchasing a vehicle with anti-theft technology or alarm system can get you a discount on your insurance. Anti-theft devices like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all hinder car theft and help bring rates down.
What type of car, truck or SUV do you drive? – The performance of the vehicle you need insurance for makes a huge difference in how high your rates are. Lower cost passenger cars generally have the cheapest insurance rates, but other factors influence the final cost greatly.
The following data assumes a single male driver age 30, full coverage with $250 deductibles, and no discounts or violations. The chart compares Ford Ranger policy rates compared to other models that have different risk factors.
Add-on coverages are wasting money – Insurance companies have many extra bells and whistles that can add up if you don’t pay attention. Add-on coverages like replacement cost coverage, death and dismemberment, and Farm Bureau memberships may be costing you every month. They may seem like a good idea when talking to your agent, but if they’re wasting money get rid of them and save.
Raising comp and collision deductibles saves money – Deductibles for physical damage are the amount of money you are willing to pay out-of-pocket if you file a covered claim. Insurance for physical damage, otherwise known as comp (or other than collision) and collision, protects your car from damage. Examples of some claims that would be covered are collision with another vehicle, hail damage, and damage caused by road hazards. The more the insured has to pay upfront, the less your insurance will be.
Stress out and pay more – Did you know your occupation can influence how much you pay for insurance? Occupations such as doctors, architects, and miners generally pay the highest average rates attributed to stressful work requirements and long work days. On the flip side, occupations such as farmers, engineers and retirees get better rates.
Know your credit rating – An insured’s credit score is a large factor in determining your rates. If your credit history is not that good, you may save money insuring your Ford Ranger by improving your credit score. People that have high credit ratings tend to file fewer claims as compared to drivers with lower credit scores.
Never let your policy expire – Driving without insurance is illegal and any future policy may cost more because you let your insurance expire. Not only will you pay higher rates, failure to provide proof of insurance will get you a hefty fine and possibly a revoked license. You could then be forced to file a SR-22 with the New Jersey department of motor vehicles.
Pay more if you have a long commute – Residing in a small town has definite advantages if you are looking for the lowest rates. Fewer drivers and short commutes translates into fewer accident claims and lower theft and vandalism rates. People in densely populated areas have more auto accidents and longer commutes to work. More time on the road statistically corresponds to a higher accident and claim rate.
Many insurance companies such as State Farm, Allstate and GEICO allow you to get coverage price quotes directly from their websites. Getting quotes for Ford Ranger insurance in Jersey City is easy for anyone as all you need to do is type in your personal and coverage information as detailed in the form. Behind the scenes, their system automatically orders your credit score and driving record and returns a price based on many factors.
This streamlines rate comparisons, and it’s absolutely necessary to do this in order to get the most affordable premium.
To quickly find out how much you can save on insurance, compare rates from the companies below. If you currently have coverage, we recommend you copy the insurance coverages as close as possible to your current policy. Doing this guarantees you’re receiving an apples-to-apples comparison using the same coverage and limits.
The car insurance companies shown below provide price comparisons in New Jersey. If you want the cheapest car insurance in Jersey City, it’s highly recommended you click on several of them in order to find the cheapest rates.
Coverage statistics and figures
The premium table shown next highlights estimates of insurance coverage prices for Ford Ranger models. Having knowledge of how insurance premiums are calculated can assist in making smart choices when selecting a coverage provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Ranger XL 2WD | $216 | $438 | $462 | $28 | $138 | $1,282 | $107 |
| Ranger XL SuperCab 2WD | $252 | $438 | $462 | $28 | $138 | $1,318 | $110 |
| Ranger XLT 2WD | $252 | $438 | $462 | $28 | $138 | $1,318 | $110 |
| Ranger XL 2WD | $252 | $438 | $462 | $28 | $138 | $1,318 | $110 |
| Ranger XL SuperCab 4WD | $252 | $438 | $462 | $28 | $138 | $1,318 | $110 |
| Ranger XLT SuperCab 2WD | $252 | $532 | $462 | $28 | $138 | $1,412 | $118 |
| Ranger Sport SuperCab 2WD | $252 | $532 | $462 | $28 | $138 | $1,412 | $118 |
| Ranger Sport SuperCab 4WD | $252 | $532 | $462 | $28 | $138 | $1,412 | $118 |
| Ranger XLT SuperCab 4WD | $252 | $532 | $462 | $28 | $138 | $1,412 | $118 |
| Ranger Sport SuperCab 2WD | $252 | $532 | $462 | $28 | $138 | $1,412 | $118 |
| Ranger XLT SuperCab 2WD | $252 | $532 | $462 | $28 | $138 | $1,412 | $118 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and New Jersey minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Rate information does not factor in the specific area where the vehicle is garaged which can revise price quotes noticeably.
Insurance rate increases from tickets or accidents
The example below demonstrates how citations and at-fault claims can affect Ford Ranger insurance costs for different age categories. The rates are based on a single male driver, full coverage, $500 deductibles, and no discounts are applied.
Ford Ranger insurance rates by age and gender
The illustration below shows the difference between Ford Ranger insurance premiums for male and female drivers. The rate quotes are based on a clean driving record, no at-fault accidents, comprehensive and collision coverage, $100 deductibles, drivers are single, and no additional discounts are factored in.
Full coverage versus liability-only in Jersey City
The example below shows the comparison of Ford Ranger auto insurance costs with full coverage and liability only. The data assumes no tickets, no at-fault accidents, $1,000 deductibles, drivers are not married, and no discounts are applied to the premium.
When to eliminate full coverage
There is no clear-cut formula of when to phase out physical damage coverage on your policy, but there is a general guideline. If the annual cost of having full coverage is 10% or more of the vehicle’s replacement cost less your deductible, then it might be time to buy liability only.
For example, let’s pretend your Ford Ranger replacement cost is $8,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most you would receive is $7,000 after the policy deductible has been paid. If it’s costing you more than $700 a year to have full coverage, then it may be the right time to buy liability only.
There are some situations where buying only liability insurance is not a good idea. If you still owe a portion of the original loan, you are required to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you cannot afford to purchase a different vehicle if your current one is damaged, you should maintain full coverage.
Auto insurance is not optional
Despite the high cost of buying insurance for a Ford Ranger in Jersey City, insurance is required for several reasons.
- Most states have compulsory liability insurance requirements which means the state requires specific limits of liability protection 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 took out a loan on your vehicle, almost every bank will require that you have full coverage to guarantee loan repayment. If you let the policy lapse, the lender may insure your Ford at a much higher rate and force you to reimburse them for the much more expensive policy.
- Insurance safeguards both your assets and your Ford. It will also pay for many types of medical costs that are the result of an accident. Liability insurance, one of your policy coverages, will also pay attorney fees if someone files suit against you as the result of an accident. If you have damage to your Ford as the result of the weather or an accident, your auto insurance policy will pay to repair the damage minus the deductible amount.
The benefits of buying auto insurance are without a doubt worth the cost, specifically if you ever have a liability claim. Today the average American driver is wasting up to $810 a year so it’s very important to do a rate comparison at least once a year to ensure rates are competitive.
Car insurance discounts help lower rates for Ford Ranger insurance in Jersey City
Car insurance companies don’t always advertise all possible discounts very clearly, so we took the time to find some of the best known in addition to some of the lesser obvious credits that may apply to you. If you are not receiving all the discounts available, you are paying more than you should be.
- ABS Braking Discount – Cars equipped with ABS or steering control are safer to drive and will save you 10% or more on Ranger insurance in Jersey City.
- College Student Discount – Any of your kids who are enrolled in a college that is more than 100 miles from Jersey City and won’t have access to an insured vehicle can receive lower rates.
- Organization Discounts – Affiliation with qualifying clubs or civic groups is a simple method to lower premiums on your bill.
- Early Renewal Discounts – Select insurance companies give a discount for switching companies before your current Ranger insurance policy expires. This discount can save up to 10%.
- Save with a New Car – Insuring a vehicle that is new can get you a discount due to better safety requirements for newer models.
- Discount for Life Insurance – Some car insurance companies give a break if you buy a life insurance policy as well.
- Claim Free – Drivers who don’t have accidents are rewarded with significantly better rates on Jersey City car insurance quote when compared with policyholders that have many claims.
A little note about advertised discounts, some credits don’t apply to the entire cost. A few only apply to specific coverage prices like comp or med pay. Even though the math looks like you can get free auto insurance, you’re out of luck.
The diagram below shows the comparison of Ford Ranger car insurance costs with and without discounts applied to the policy premium. The premiums assume a female driver, no driving violations, no at-fault accidents, New Jersey state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, marriage, homeowner, claim-free, and multi-car discounts applied.
To choose companies that offer the discounts shown above in Jersey City, follow this link.
Exclusive or independent insurance agencies
Many drivers just prefer to get professional advice from a licensed agent and we recommend doing that One of the best bonuses of comparing rates online is that you can find the best rates and still have a local agent. Supporting local agencies is important particularly in Jersey City.
For easy comparison, once you complete this quick form, your insurance data is emailed to companies in Jersey City who will give competitive quotes for your car insurance coverage. There is no need to leave your computer due to the fact that quote results will go to you. You can find the lowest rates and work with a local agent. In the event you want to get a comparison quote from a specific car insurance provider, feel free to jump over to their website and complete a quote there.
Multiple types of car insurance agents in Jersey City
When narrowing the list to find local Jersey City agents, you should know the types of agencies to choose from. Car insurance agents in Jersey City can be categorized as either exclusive or independent (non-exclusive).
Independent Car Insurance Agents
Independent agents are not employed by one company so they can insure your vehicles with lots of companies and potentially find a lower price. To transfer your coverage to a different company, the agent simply finds a different carrier and you don’t have to switch agencies. When comparison shopping, you absolutely need to include price quotes from several independent agencies to maximize your price options. A lot of them also have access to mutual insurance companies which could offer lower prices.
Listed below is a list of independent insurance agents in Jersey City who may be able to give you free price quotes.
- All Insurance Services Inc
574 Newark Ave – Jersey City, NJ 07306 – (201) 963-8888 – View Map - Petrocci Agency
1674 John F. Kennedy Blvd # A – Jersey City, NJ 07305 – (201) 434-4760 – View Map - MHM Insurance
243 Central Ave # 1 – Jersey City, NJ 07307 – (201) 721-6081 – View Map
Exclusive Car Insurance Agents
Agents in the exclusive channel have only one company to place business with and examples are State Farm, Allstate, or Farmers Insurance. They are unable to place coverage with different providers so they are skilled at selling on more than just price. Exclusive insurance agents are usually well trained on their products and sales techniques which helps them sell on service rather than price. Drivers often purchase coverage from exclusives partially due to the brand legacy and the convenience of having a single billing for all their coverages.
Listed below are Jersey City exclusive agents that can give you comparison 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 - Mansa Nicome – State Farm Insurance Agent
86 NJ-35 – Neptune City, NJ 07753 – (732) 776-9999 – View Map
Choosing the best insurance agency shouldn’t rely on just a cheap quote. The following questions are important to ask.
- How many years of experience in personal auto insurance do they have?
- Do they have cheaper tiers of coverage?
- Will a damage claim use OEM or aftermarket replacement parts?
- Does the agency support the community they serve?
- What company do they have the most business with?
- Is their price quote a firm figure or are their hidden costs?
- Is there a local claims center in Jersey City?
You are unique and your car insurance should be too
When quoting and choosing a policy for your vehicles, there really is no best way to insure your cars. You are unique and a cookie cutter policy won’t apply.
For example, these questions might help in determining whether or not you might need professional guidance.
- Does insurance cover tools stolen from my truck?
- When should I not file a claim?
- Do I have coverage when using my vehicle for my home business?
- How high should deductibles be on a Ford Ranger?
- Should I bundle my homeowners policy with my auto?
- Am I covered when using my vehicle for business?
- Will my rates increase for filing one claim?
- How high should my uninsured/underinsured coverage be in New Jersey?
If you don’t know the answers to these questions but a few of them apply, you might consider talking to an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of car insurance companies in your area.
More quotes mean more auto insurance savings
You just read quite a bit of information on how to get a better price on Ford Ranger insurance in Jersey City. The key thing to remember is the more quotes you get, the better likelihood of getting affordable Ford Ranger insurance quotes. You may even discover the lowest premium rates are with a company that doesn’t do a lot of advertising. They can often provide lower prices in certain areas than the large multi-state companies such as Progressive or GEICO.
As you prepare to switch companies, don’t be tempted to buy less coverage just to save a little money. There have been many situations where an insured cut physical damage coverage only to regret at claim time that it was a big mistake. Your goal should be to purchase plenty of coverage at the lowest possible cost while not skimping on critical coverages.
More detailed auto insurance information is located by following these links:
- Auto Insurance for Teen Drivers (Insurance Information Institute)
- Who Has Cheap Car Insurance for Homeowners in Jersey City? (FAQ)
- Car Insurance for Teen Drivers with Divorced Parents (Allstate)
- Front crash protection reduces rear-end crashes (Insurance Institute for Highway Safety)
- What Does No-Fault Insurance Cover? (Allstate)