Do you get overwhelmed by the sheer number of auto insurance companies in your area? You have so many companies to choose from that it can easily become hard work to find a more affordable company. Jersey City is a great city to live in, but high auto insurance rates makes it difficult to afford.
Steps to finding lower priced Volkswagen Beetle insurance in Jersey City
If you want to save money, the best way to find more affordable Volkswagen Beetle insurance in Jersey City is to make a habit of comparing prices annually from providers who sell insurance in New Jersey. Drivers can shop around by following these steps.
- First, it will benefit you to learn about individual coverages and the modifications you can make to prevent rate increases. Many rating criteria that are responsible for high rates like high-risk driving behaviors and bad credit can be amended by being financially responsible and driving safely. Continue reading for information to lower rates and find available discounts that you may qualify for.
- Second, quote rates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give rate quotes from one company like Progressive and State Farm, while independent agents can quote rates for many different companies. Click to view companies
- Third, compare the new quotes to your existing rates and see if there is a cheaper rate in Jersey City. If you can save some money and switch companies, ensure coverage does not lapse between policies.
- Fourth, provide adequate notice to your current company to cancel your existing policy. Submit the signed application along with the required initial payment to your new insurance company. When you receive it, store the proof of insurance paperwork above your visor, in the console, or in the glove compartment.
One key aspect when comparing rates is to use identical coverage information on every quote and and to get price estimates from all possible companies. Doing this guarantees the most accurate price comparison and plenty of rates choose from.
Inconceivable but true, a large majority of drivers have been with the same company for at least four years, and almost half have never compared rates with other companies. New Jersey consumers can save hundreds of dollars each year just by getting comparison quotes, but they underestimate the actual amount they would save if they replace their high priced policy.
Smart consumers take time to compare prices periodically because insurance rates tend to go up over time. If you had the lowest rate on Volkswagen Beetle insurance in Jersey City a few years ago other companies may now be cheaper. Don’t believe everything you read about Beetle insurance online but you can learn some guaranteed methods to lower your auto insurance bill.
Comparing quotes for cheaper policy in Jersey City is not as hard as you may think. Essentially anyone who is overpaying for car insurance will probably get a lower-priced policy. But New Jersey vehicle owners do need to know the methods companies use to sell insurance online because it can help you find the best coverage.
How to lower your Volkswagen Beetle insurance cost in Jersey City, NJ
When comparison shopping, quoting more increases your odds of finding a better price. Some regional insurers cannot provide online price quotes, so it’s necessary to compare price quotes from them as well.
The providers in the list below provide quotes in Jersey City, NJ. To buy the best auto insurance in Jersey City, NJ, we suggest you visit several of them in order to get a fair rate comparison.
Choosing Beetle insurance is an important decision
Despite the high cost of buying insurance for a Volkswagen Beetle in Jersey City, maintaining insurance is mandatory in New Jersey but it also protects more than you think.
First, the majority of states have compulsory liability insurance requirements which means you are required to buy specific minimum amounts of liability insurance coverage in order to get the vehicle licensed. 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 you have a lien on your vehicle, most banks will stipulate that you have physical damage coverage to guarantee loan repayment. If the policy lapses, the bank may buy a policy for your Volkswagen for a much higher rate and require you to fork over much more than you were paying before.
Third, insurance protects both your assets and your Volkswagen. Insurance will pay for many types of medical costs for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, will also pay to defend you if anyone sues you for causing an accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to repair the damage minus the deductible amount.
The benefits of insuring your Beetle are without a doubt worth the cost, especially with large liability claims. An average driver in America is overpaying over $830 a year so we recommend shopping around at least once a year to be sure current rates are still competitive.
Rates and data analysis
The information displayed below showcases estimates of insurance costs for Volkswagen Beetle models. Having insight into how policy rates are formulated can be of help when making informed decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Beetle S 2-Dr Hatchback | $256 | $494 | $416 | $24 | $124 | $1,314 | $110 |
| Beetle 2-Dr Convertible | $330 | $582 | $324 | $20 | $96 | $1,352 | $113 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and New Jersey minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Rates do not factor in specific garaging location which can affect auto insurance rates noticeably.
Where to set your deductibles
One of the hardest decisions when shopping for insurance is at what level do you set your deductibles. The data tables below can help you visualize how much more rates are when you select higher and lower deductibles. The first table uses a $250 deductible for physical damage and the second price table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Beetle S 2-Dr Hatchback | $324 | $626 | $408 | $24 | $122 | $1,529 | $127 |
| Beetle 2-Dr Convertible | $420 | $738 | $318 | $18 | $94 | $1,613 | $134 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Beetle S 2-Dr Hatchback | $200 | $394 | $408 | $24 | $122 | $1,148 | $96 |
| Beetle 2-Dr Convertible | $258 | $464 | $318 | $18 | $94 | $1,152 | $96 |
| Get Your Own Custom Quote Go | |||||||
Premium 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. Rate quotes do not factor in vehicle location which can decrease or increase insurance rates noticeably.
Based on the data above, we can derive that using a $250 deductible would cost the average driver about $35 more each month or $420 for a full year across all Volkswagen Beetle models than buying the higher $1,000 deductible. Due to the fact that you would have to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to go at least 21 months between claim filings, you would save more money by going with a higher deductible.
Calculate deductible break even point
| Average monthly premium for $250 deductibles: | $131 |
| Average monthly premium for $1,000 deductibles (subtract): | – $96 |
| Monthly savings from raising deductible: | $35 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $35 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 21 months |
One thing to note is that increasing deductibles to lower your rates results in having to pay to pay more out-of-pocket when you file a claim. You need to have some extra savings in the event you need to pay more to get your vehicle repaired.
The example below shows how choosing a deductible and can affect Volkswagen Beetle insurance prices for different insured age categories. The premiums assume a married female driver, full coverage, and no discounts are applied to the premium.
Impact of age and gender on insurance rates
The example below shows the comparison of Volkswagen Beetle car insurance rates for male and female drivers. The data assumes no claims or driving citations, full coverage, $1,000 deductibles, single marital status, and no other discounts are factored in.
How much more does full coverage cost?
The diagram below illustrates the comparison of Volkswagen Beetle insurance costs with full coverage compared to only the New Jersey minimum liability coverage. Data assumes no driving violations, no at-fault accidents, $500 deductibles, marital status is single, and no discounts are applied.
Should you buy full coverage or liability only?
There is no clear-cut formula to exclude comprehensive and collision coverage on your policy, but there is a broad guideline. If the yearly cost of full coverage is more than about 10% of the settlement you would receive from your company, then it’s probably a good time to buy liability coverage only.
For example, let’s assume your Volkswagen Beetle claim settlement value is $8,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most you would receive is $7,000 after the deductible is paid. If you are paying in excess of $700 a year for comprehensive and collision coverage, then it might be time to consider dropping full coverage.
There are a few situations where dropping full coverage is not advised. If you have an outstanding loan on your vehicle, you are required to maintain full coverage to protect the lienholder’s interest. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should not consider dropping full coverage.
Earn discounts on Jersey City auto insurance
Auto insurance companies do not advertise every available discount very clearly, so the next list breaks down some of the best known as well as some of the hidden discounts that may be available.
- Jersey City Homeowners Pay Less – Just owning your own home may earn you a small savings because of the fact that having a home shows financial diligence.
- Membership in Organizations – Having an affiliation with a qualifying organization can get you a small discount on your bill.
- Seat Belt Discounts – Using a seat belt and requiring all passengers to fasten their seat belts can save a little off PIP or medical payments premium.
- First Accident Forgiveness – Not really a discount, but certain companies will forgive one accident before your rates go up with the catch being you have to be claim-free for a set time period.
- Onboard Data Collection – Insureds that choose to allow driving data submission to analyze driving habits by using a telematics device in their vehicle such as Snapshot from Progressive or Drivewise from Allstate might see lower rates if they have good driving habits.
- Policy Bundle Discount – If you have multiple policies and insure them both with the same insurance company you may save approximately 10% to 15%.
- Drive Less and Save – Low mileage vehicles may enable drivers to earn better rates on cars that stay parked.
- Life Insurance Discount – Some insurance carriers give a small discount if you purchase some life insurance too.
- Passive Restraint Discount – Options like air bags and/or automatic seat belt systems may qualify for discounts as much as 30%.
You can save money using discounts, but most of the big mark downs will not be given to the whole policy. Most only reduce the cost of specific coverages such as liability and collision coverage. Despite the fact that it seems like it’s possible to get free car insurance, company stockholders wouldn’t be very happy.
The example below visualizes the comparison of Volkswagen Beetle insurance costs with and without discounts applied to the rates. The data assumes a female driver, no violations or claims, New Jersey state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, multi-policy, multi-car, homeowner, and marriage discounts applied.
Some of the larger companies who may offer some of the above discounts include:
Double check with all the companies to give you their best rates. Some of the earlier mentioned discounts might not apply in Jersey City. To see insurance companies who offer online Volkswagen Beetle insurance quotes in New Jersey, click here to view.
Local insurance agents
Certain consumers just want to have an agent’s advice and doing that can be a smart decision An additional benefit of comparing insurance prices online is that you can find cheap car insurance rates and also buy local. Supporting small agencies is still important in Jersey City.
After completing this form (opens in new window), your information is instantly submitted to companies in Jersey City that give free quotes for your coverage. There is no reason to contact any insurance agencies because prices are sent immediately to you. You can find better rates AND an agent nearby. In the event you want to quote rates from a particular provider, feel free to navigate to their website and submit a quote form there.
Listed below is a short list of auto insurance companies in Jersey City that may be able to provide rate quotes for Volkswagen Beetle insurance in Jersey City.
- Arch Insurance
300 Exchange Pl – Jersey City, NJ 07311 – (201) 743-4000 – View Map - Jared Bush – State Farm® Insurance Agent
725 John F. Kennedy Blvd – North Bergen, NJ 07047 – (201) 325-8880 – View Map - Joe Nachbaur – State Farm Insurance Agent
505 Central Ave – Jersey City, NJ 07307 – (201) 222-8866 – View Map - Alberto Santana – State Farm Insurance Agent
1755 John F. Kennedy Blvd – Jersey City, NJ 07305 – (201) 332-3344 – View Map
Deciding on a company is decision based upon more than just the bottom line cost. Any agent in Jersey City should be forthright in answering these questions:
- Is the agent CPCU or CIC certified?
- Which insurance companies are they affiliated with?
- Does the agency provide any after hours assistance?
- Do they make recommendations based only on price?
- Are they actively involved in the community?
Frequent quotes can save
When searching for cheaper Jersey City auto insurance quotes, you should never skimp on critical coverages to save a buck or two. There are many occasions where an accident victim reduced physical damage coverage and learned later they didn’t have enough coverage. The proper strategy is to get the best coverage possible at the best price while still protecting your assets.
Consumers who switch companies do it for a number of reasons such as high prices, unfair underwriting practices, questionable increases in premium and even an unsatisfactory settlement offer. Whatever your reason, choosing a new company is not as difficult as it may seem.
Cheaper auto insurance in Jersey City can be bought on the web in addition to many Jersey City insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some auto insurance companies do not offer online rate quotes and these smaller companies only sell coverage through independent agencies.
Steps to buying low-cost Volkswagen Beetle insurance in Jersey City
The best way to get affordable Volkswagen Beetle insurance in Jersey City is to annually compare prices from different companies who provide auto insurance in New Jersey.
- Try to learn a little about the coverage provided by your policy and the changes you can make to prevent expensive coverage. Many policy risk factors that increase rates such as accidents, traffic tickets, and poor credit history can be controlled by being financially responsible and driving safely.
- Obtain price quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can only quote rates from one company like Progressive or Farmers Insurance, while independent agents can quote prices from many different companies. Find a Jersey City insurance agent
- Compare the new quotes to the premium of your current policy to see if cheaper Beetle coverage is available. If you find a lower rate quote and buy the policy, verify that coverage does not lapse between policies.
One important bit of advice is to make sure you enter the same level of coverage on every quote request and to quote with as many different insurance providers as possible. This enables a fair rate comparison and maximum price selection.
To learn more, take a look at these articles:
- Collision Coverage (Liberty Mutual)
- How Much is Auto Insurance for a Hyundai Elantra in Jersey City? (FAQ)
- How Much are Car Insurance Rates for Low Mileage Drivers in Jersey City? (FAQ)
- Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)
- Insurance losses by make and model (Insurance Institute for Highway Safety)
- Auto Insurance FAQ (Farmers Insurance)
- Eight Auto Insurance Myths (Insurance Information Institute)