Sadly, a large majority of auto insurance policyholders in New Jersey renewed their policy with the same company for at least the last four years, and just short of a majority have never quoted auto insurance rates at all. American drivers can cut their rates by nearly $860 a year by just comparing rate quotes, but they think it’s difficult to do a rate comparison.
If you want to save money, the best way to get low-cost auto insurance rates is to regularly compare price quotes from providers who sell auto insurance in Jersey City. Price quotes can be compared by following these steps.
Step 1: Try to learn about how your policy works and the steps you can take to prevent rate increases. Many rating factors that cause high rates such as traffic violations, accidents, and your credit history can be eliminated by making minor changes in your lifestyle. Keep reading for more ideas to help prevent high rates and find missing discounts.
Step 2: Compare prices from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can provide rates from one company like Progressive and State Farm, while independent agencies can quote prices for a wide range of insurance providers. View companies
Step 3: Compare the new rate quotes to your existing rates and see if there is a cheaper rate in Jersey City. 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: Provide notification to your current company of your intent to cancel the current policy and submit the application along with any required down payment to your new company or agent. Immediately upon receiving it, keep the new proof of insurance paperwork with your registration paperwork.
The most important part of this process is that you’ll want to make sure you compare the same amount of coverage on every price quote and and to analyze as many different companies as possible. This ensures an accurate price comparison and the most accurate and complete price analysis.
If you have a current insurance policy or want to find a cheaper company, you can use these techniques to reduce the price you pay and possibly find even better coverage. These techniques will help educate you on the best ways to compare prices and also save some money in the process Vehicle owners just need to understand the most efficient way to compare rate quotes instantly.
Finding low cost Jersey City car insurance prices can be quick and easy. The only thing you need to do is invest a few minutes to get quotes to see which company has low cost Jersey City car insurance quotes.
The companies shown below offer comparison quotes in New Jersey. To get the best car insurance in Jersey City, it’s a good idea that you click on several of them to get the most affordable price.
Why you need insurance for your Yaris iA
Even though it can be expensive, insurance is required in New Jersey but it also protects you in many ways.
First, just about all states have minimum mandated liability insurance limits which means state laws require a specific minimum amount of liability 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.
Second, if your Toyota Yaris iA has a lienholder, it’s guaranteed your bank will require you to have comprehensive coverage to ensure loan repayment if the vehicle is totaled. If the policy lapses, the lender may insure your Toyota at a significantly higher premium and force you to reimburse them for the expensive policy.
Third, auto insurance protects both your Toyota Yaris iA and your personal assets. It will also provide coverage for medical bills for not only you but also any passengers injured in an accident. Liability coverage, the one required by state law, will also pay for a defense attorney if anyone sues you for causing an accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive and/or collision insurance will pay to have it repaired.
The benefits of having auto insurance greatly outweigh the cost, particularly when you have a large claim. According to a 2015 survey, the average American driver is wasting up to $750 every year so compare rate quotes at every renewal to make sure the price is not too high.
Lower-cost Jersey City car insurance rates with discounts
Companies offering auto insurance don’t always list every discount they offer very clearly, so we took the time to find a few of the more well known and the harder-to-find car insurance savings.
- Defensive Driver Discount – Passing a class that teaches defensive driving techniques is a good idea and can lower rates and easily pay for the cost of the class.
- Policy Bundle Discount – If you insure your home and vehicles with one company you may save up to 20% off your total Yaris iA insurance premium.
- Passenger Safety Discount – Factory air bags and/or automatic seat belt systems could see savings as much as 30%.
- Federal Government Employee – Active or retired federal employment may reduce rates when you quote Jersey City car insurance depending on your car insurance provider.
- No Accidents – Drivers who don’t have accidents pay less in comparison to drivers with a long claim history.
While discounts sound great, it’s important to understand that most discount credits are not given to the entire policy premium. Most cut the cost of specific coverages such as liability and collision coverage. Even though the math looks like you would end up receiving a 100% discount, that’s just not realistic.
Some of the larger companies who may offer many of the previously listed discounts include:
Before purchasing a policy, check with every insurance company which discounts you qualify for. Some discounts listed above may not be available in your state. To view insurers with the best Toyota Yaris iA insurance discounts in New Jersey, click here to view.
Neighborhood Jersey City auto insurance agents
A lot of people just want to go talk to an agent and that is recommended in a lot of cases Professional insurance agents can help you choose the best coverages and help file insurance claims. One of the benefits of getting free rate quotes online is that drivers can save money and get cheaper car insurance rates but still work with a licensed agent.
After filling out this quick form, the quote information is submitted to local insurance agents in Jersey City who can give free rate quotes for your business. It’s much easier because you don’t need to leave your house since rate quotes are delivered straight to your inbox. If you want to get a price quote from a particular provider, you can always find their quoting web page to submit a rate quote request.
Choosing an provider is decision based upon more than just the bottom line cost. Some important questions to ask are:
- Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
- How often do they review policy coverages?
- Does the agent have professional designations like CIC, CPCU or AIC?
- Is working in the agency their full-time job?
- Is the agency active in community causes in Jersey City?
- Do they offer rental car reimbursement?
Choose an insurance agent wisely
When finding a local Jersey City insurance agent, it can be helpful to understand the types of insurance agents that differ in how they can insure your vehicles. Auto insurance policy providers may be either exclusive agents or independent agents. Either one can do a good job, but it’s important to know how they are different because it can impact buying decisions.
Exclusive Insurance Agents
Agents of this type can usually just insure with one company such as American Family, State Farm, and Allstate. Exclusive agents cannot provide rate quotes from other companies so it’s a take it or leave it situation. They receive a lot of sales training on sales techniques and that can be a competitive advantage. Some people will only buy insurance from these agents primarily because of the prominent brand name rather than low price.
Below is a short list of exclusive insurance agencies in Jersey City that can give you price quotes.
- State Farm Insurance – Freddy Duran
1025 Summit Ave – Jersey City, NJ 07307 – (201) 604-3874 – View Map - Tawanda Jackson – State Farm Insurance Agent
688 NJ-440 – Jersey City, NJ 07305 – (201) 209-0290 – View Map - Farmers Insurance – Mofalc Meinga
447 Central Ave – Jersey City, NJ 07307 – (201) 435-1616 – View Map
Independent Auto Insurance Agents
These type of agents do not work for one specific company so they have the ability to put coverage through many companies enabling the ability to shop coverage around. If they find a cheaper price, they simply switch companies in-house and you don’t have to switch agencies. If you are comparing auto insurance prices, you will want to get insurance quotes from at a minimum one independent agency for the best price selection. Most can insure with additional companies that you may not be familiar with who may have lower rates.
Listed below are Jersey City independent agencies that are able to give comparison quotes.
- MHM Insurance
243 Central Ave # 1 – Jersey City, NJ 07307 – (201) 721-6081 – View Map - Coe Insurance
2330 John F. Kennedy Blvd – Jersey City, NJ 07304 – (201) 435-4300 – View Map - ABL Insurance Services
910 Bergen Ave # 307 – Jersey City, NJ 07306 – (201) 222-1314 – View Map
If you get good responses to these questions as well as an affordable premium quote, you have narrowed it down to an insurance agency that meets your needs to properly service your auto insurance policy.
Insurance agents can help
When it comes to your policy, there really is not a “perfect” insurance plan. Your needs are not the same as everyone else’s so your insurance should reflect that
Here are some questions about coverages that can help discover if your situation might need professional guidance.
- Can I afford to buy a different vehicle if my Toyota Yaris iA is totaled?
- Is coverage enough to protect my assets?
- Will my insurance pay for OEM parts?
- Can I cancel at any time?
- Can my babysitter drive my car?
- Is there coverage for my trailer?
- Is a driver training discount available?
If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It only takes a few minutes and can help protect your family.
Cheaper car insurance premiums are possible
Some insurance companies do not provide the ability to get quotes online and many times these smaller providers work with independent agencies. The cheapest Toyota Yaris iA insurance in Jersey City is possible both online in addition to local insurance agencies, and you should compare price quotes from both to get a complete price analysis.
As you restructure your insurance plan, it’s not a good idea to buy less coverage just to save a little money. In many cases, an accident victim reduced collision coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. Your goal should be to purchase plenty of coverage at the best possible price but still have enough coverage for asset protection.
Additional information is available at the links below
- Auto Crash Statistics (Insurance Information Institute)
- Who Has Cheap Car Insurance for Homeowners in Jersey City? (FAQ)
- What is the Cheapest Auto Insurance in Jersey City, New Jersey? (FAQ)
- A Tree Fell on Your Car: Now What? (Allstate)
- Teen Driving and Texting (State Farm)
- Think You’re a Safe Driver? (State Farm)