How to Save on Honda Element Insurance in Jersey City

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How long has it been since you compared more competitive Honda Element insurance in Jersey City? Think you have overpriced Honda Element insurance in Jersey City? You're in good company because many consumers are feeling buyer's remorse and feel like there's no way out.

Insurance quote for Honda Element in Jersey CityIt's an obvious statement that auto insurance companies want to keep you from comparing rates. Insureds who shop around for cheaper prices will presumably buy a different policy because of the high probability of finding lower rate quotes. A recent insurance study discovered that consumers who faithfully checked for cheaper rates saved about $865 a year compared to drivers who don't regularly compare prices.

If finding budget-friendly rates on auto insurance in Jersey City is your objective, then knowing how to get price quotes and compare coverage rates can make it easier to shop your coverage around.

Steps to finding cheaper quotes for Honda Element insurance in Jersey City

If you want to find the absolute lowest rates, then the best way to get cheaper auto insurance rates in Jersey City is to start comparing prices regularly from insurers in New Jersey.

First, get an understanding of the coverage provided by your policy and the steps you can take to keep rates in check. Many factors that are responsible for high rates such as multiple speeding tickets and poor credit rating can be improved by being financially responsible and driving safely. Keep reading for more details to help reduce prices and get discounts that may be overlooked.

Second, quote rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only give rate quotes from a single company like GEICO or Allstate, while independent agencies can quote rates from many different companies.

Third, compare the new quotes to the price on your current policy to determine if you can save on Element insurance in Jersey City. If you can save some money and change companies, verify that coverage does not lapse between policies.

Fourth, tell your current agent or company of your intent to cancel your current car insurance policy and submit a completed application and payment for the new policy. As soon as you have the new policy, keep your new certificate verifying coverage along with your vehicle registration.

One thing to remember is that you'll want to compare identical deductibles and limits on each price quote and and to get price estimates from as many companies as you can. This enables a fair price comparison and a complete selection of prices.

Due to the abundance of companies and agents to choose from, it is hard for the average consumer to locate the lowest price insurer.

You should make it a habit to do price comparisons quite often since prices trend upward over time. If you had the best deal on Honda Element insurance in Jersey City a year ago there is a good chance you can find better rates now. You can find a lot of information about Element insurance online, but I'm going to show you some tested techniques to buy insurance cheaper in Jersey City.

Finding the cheapest insurance coverage in Jersey City can be much easier if you know how to start. Essentially every person who is looking for cheaper insurance will most likely find a cheaper policy. Nevertheless, New Jersey vehicle owners must know how companies determine premium rates because it can help you find the best coverage.

Cheapest companies for Honda Element insurance

The following companies can provide comparison quotes in New Jersey. To get the cheapest auto insurance in New Jersey, we recommend you click on several of them to get a more complete price comparison.

Insurance rate breakdown

The premium information displayed below highlights detailed analysis of prices for Honda Element models. Having a good understanding how car insurance premiums are established can aid in making smart choices when purchasing an auto insurance policy.

Honda Element Insurance Rates in Jersey City, NJ
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Element LX 2WD $292 $494 $490 $30 $146 $1,452 $121
Element LX 4WD $292 $494 $490 $30 $146 $1,452 $121
Element EX 2WD $292 $494 $490 $30 $146 $1,452 $121
Element EX 4WD $292 $494 $490 $30 $146 $1,452 $121
Element SC 2WD $292 $494 $490 $30 $146 $1,452 $121
Get Your Own Custom Quote Go

Data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and New Jersey minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Table data does not factor in your specific Jersey City location which can modify premiums noticeably.

Physical damage deductibles

One of the most common car insurance questions is which deductibles should you choose. The data tables below highlight the rate fluctuation between low and high comp and collision deductibles. The first set of rates uses a $100 deductible for physical damage and the second set of rates uses a $1,000 deductible.

Honda Element insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Element LX 2WD $414 $746 $480 $28 $144 $1,837 $153
Element LX 4WD $414 $746 $480 $28 $144 $1,837 $153
Element EX 2WD $414 $746 $480 $28 $144 $1,837 $153
Element EX 4WD $414 $746 $480 $28 $144 $1,837 $153
Element SC 2WD $414 $746 $480 $28 $144 $1,837 $153
Get Your Own Custom Quote Go
Honda Element insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Element LX 2WD $230 $394 $480 $28 $144 $1,276 $106
Element LX 4WD $230 $394 $480 $28 $144 $1,276 $106
Element EX 2WD $230 $394 $480 $28 $144 $1,276 $106
Element EX 4WD $230 $394 $480 $28 $144 $1,276 $106
Element SC 2WD $230 $394 $480 $28 $144 $1,276 $106
Get Your Own Custom Quote Go

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, claim-free, and multi-policy. Table data does not factor in the specific area where the vehicle is garaged which can modify premium rates greatly.

Based on this data, using a $100 deductible will cost you about $47 more each month or $564 a year across all Honda Element models than choosing the higher $1,000 deductible. Due to the fact that you would have to pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you average more than 19 months between claims, you would probably come out ahead if you elect the higher deductible.

The information below illustrates how your choice of deductibles and can increase or decrease Honda Element insurance prices for different age groups. The information is based on a married male driver, comp and collision included, and no policy discounts are applied.

Responsible drivers pay cheaper Jersey City car insurance rates

The example below illustrates how traffic citations and fender-benders raise Honda Element insurance prices for different categories of driver ages. Data assumes a single male driver, comp and collision included, $250 deductibles, and no discounts are applied to the premium.

Price comparison of only insuring for liability

The illustration below illustrates the comparison of Honda Element car insurance rates with full coverage compared to only the New Jersey minimum liability coverage. Data assumes a clean driving record, no claims, $250 deductibles, drivers are not married, and no additional discounts are factored in.

When to drop full coverage

There is no exact rule to stop buying comprehensive and collision coverage on your policy, but there is a guideline you can use. If the yearly cost of full coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then you may need to consider dropping full coverage.

For example, let's pretend your Honda Element replacement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most you would receive is $6,000 after paying the physical damage deductible. If it's costing in excess of $600 annually for physical damage coverage, the it may be a good time to stop paying for full coverage.

There are some conditions where eliminating full coverage is not a good plan. If you still owe money on your vehicle, you have 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 in the even your car is totaled, you should not buy liability only.

These discounts can slash Honda Element insurance rates

Some insurance providers do not advertise every possible discount very well, so we took the time to find some of the more common and the more hidden credits that may apply to you.

  • Sign Early and Save - Select insurance companies give a discount for switching companies before your current coverage expires. Ten percent is about the average savings.
  • Savings for New Vehicles - Putting insurance coverage on a new Element can get you a discount because new model year vehicles are generally safer.
  • Claim-Free Discount - Insureds who avoid accidents and claims are rewarded with significantly better rates on Jersey City auto insurance quote compared to insureds who have frequent claims or accidents.
  • Memberships - Having an affiliation with a qualifying organization could earn you a nice discount on your next renewal.
  • Government Employees - Active or former government employment can earn a discount up to 10% with a few insurance companies.
  • Life Insurance Discount - Select companies reward you with a discount if you purchase life insurance from them.
  • Homeowners Savings - Owning your own home or condo may trigger a policy discount on insurance because owning a home shows financial diligence.

As a disclaimer on discounts, some credits don't apply to the entire cost. Some only apply to specific coverage prices like medical payments or collision. If you do the math and it seems like you can get free auto insurance, company stockholders wouldn't be very happy.

The diagram below shows the difference between Honda Element yearly insurance costs with and without discounts applied to the premium. Data assumes a male driver, no violations or 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 claim-free, multi-policy, marriage, multi-car, homeowner, and safe-driver discounts applied.

Car insurance companies that may offer quotes with these benefits possibly include:

Before buying, ask every company the best way to save money. All car insurance discounts may not apply to policyholders everywhere.

Special considerations

Keep in mind that when it comes to choosing a policy, there really isn't a single plan that fits everyone. Each situation is unique.

For example, these questions might point out if your situation might need professional guidance.

  • Do I have coverage if I rent a car in Mexico?
  • How high should deductibles be on a Honda Element?
  • Am I getting all the discounts available?
  • Do I need more liability coverage?
  • Does insurance cover damages from a DUI accident?
  • Can my babysitter drive my car?

If it's difficult to answer those questions but a few of them apply, then you may want to think about talking to an insurance agent. If you don't have a local agent, fill out this quick form.

When should I talk to an agent?

Certain consumers just want to have an agent's advice and there is nothing wrong with that. An additional benefit of comparing car insurance online is that you can find lower rates and still have a local agent.

Find insurance agent in Jersey CityUpon completion of this short form, your coverage information is sent to participating agents in Jersey City who will return price quotes for your coverage. There is no need to search for an agent since rate quotes are delivered straight to your inbox. You can most likely find cheaper rates without the usual hassles of price shopping. If you have a need to compare prices for a specific company, you would need to go to their quote page and fill out their quote form.

Deciding on an company is decision based upon more than just the price. Some important questions to ask are:

  • Is the agency active in community causes in Jersey City?
  • Can they provide you with a list of referrals?
  • What kind of financial rating does the company have?
  • Is the agent CPCU or CIC certified?
  • Can you use your own choice of collision repair facility?
  • How many companies do they write for?
  • Do they get extra compensation for selling add-on coverages?
  • Are claim adjusters local or do you have to take your car somewhere else?

Not all auto insurance agents are the same

When narrowing the list to find a good Jersey City insurance agent, there are a couple of different types of agencies and how they can quote your rates. Car insurance agencies can be described as either independent or exclusive depending on the company they work for.

Exclusive Car Insurance Agents

Agents in the exclusive channel generally can only insure with one company such as Allstate, State Farm and Farm Bureau. Exclusive agents cannot provide rate quotes from other companies so you might not find the best rates. They are very knowledgeable on what they offer and that enables them to sell even at higher rates.

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


86 NJ-35 - Neptune City, NJ 07753 - (732) 776-9999 - View Map


725 John F. Kennedy Blvd - North Bergen, NJ 07047 - (201) 325-8880 - View Map


1025 Summit Ave - Jersey City, NJ 07307 - (201) 604-3874 - View Map

More insurance agents

Independent Agents

Agents of this type are not employed by one company so they can insure your vehicles through many companies and find the cheapest car insurance rates. If premiums increase, they simply move your policy to a different company and the insured can keep the same agent. If you are trying to find cheaper rates, it's a good idea to get insurance quotes from a couple of independent agencies to maximize your price options.

Listed below are Jersey City independent insurance agents that are able to give price quotes.

Exodus Insurance Services
758 Ocean Ave - Jersey City, NJ 07304 - (201) 433-1015 - View Map

Petrocci Agency
1674 John F. Kennedy Blvd # A - Jersey City, NJ 07305 - (201) 434-4760 - View Map

Diaz Insurance Agency
815 Bergenline Ave - Union City, NJ 07087 - (201) 348-1288 - View Map

More insurance agents

Once you have reasonable responses for all questions you ask and an acceptable price quote, you may have found a car insurance agent that is professional and can properly service your car insurance policy. Just keep in mind it's your coverage and you can terminate coverage for any reason so never assume that you're stuck with a specific company with no way to switch.

You can find cheap coverage

Lower-priced insurance in Jersey City is attainable on the web in addition to many Jersey City insurance agents, and you should be comparing both to have the best selection. Some insurance companies may not have online quoting and most of the time these regional carriers provide coverage only through local independent agencies.

Drivers switch companies for a number of reasons such as extreme rates for teen drivers, denial of a claim, an unsatisfactory settlement offer or policy cancellation. Regardless of your reason, choosing a new insurance company is easier than you think.

When getting Jersey City auto insurance quotes online, do not skimp on coverage in order to save money. Too many times, an insured dropped liability limits or collision coverage to discover at claim time that the small savings ended up costing them much more. The ultimate goal is to purchase plenty of coverage at the best possible price while not skimping on critical coverages.

Steps to saving money on Honda Element insurance in Jersey City

The most effective way to find affordable Honda Element insurance is to regularly compare prices from insurance carriers who sell insurance in Jersey City.

First, take a little time to learn about how car insurance works and the things you can control to prevent expensive coverage. Many things that result in higher rates such as accidents, traffic violations, and an imperfect credit score can be rectified by making minor changes to your lifestyle.

Second, quote rates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give prices from a single company like GEICO or Allstate, while independent agencies can provide price quotes for a wide range of companies.

Third, compare the new rate quotes to the price on your current policy to see if switching to a new carrier will save money. If you can save some money, make sure the effective date of the new policy is the same as the expiration date of the old one.

A tip to remember is to compare identical limits and deductibles on every quote and and to get rates from every company you can. Doing this guarantees a fair price comparison and maximum price selection.

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