Finding the cheapest car insurance for a Honda Civic is dependent upon a fairly complex equation with a lot of factors such as your financial responsibility, your occupation, and whether or not you are a good driver. New Jersey drivers will pay on average $1,797 each year to insure their Civic, but that price is an estimate based upon a 50-year-old single male driver with both comprehensive and collision coverage and $250 deductibles.
When projecting a rate like this, the problem is that you aren't exactly 50 years old or even a male, maybe you are married instead of single, and you want different coverage limits than the example. Insurance is an individual thing, so the only real way to find cheap car insurance rates for your Honda is to do a thorough rate comparison.
The trim level of your vehicle tends to have a direct effect on the insurance rate, so the price you will be charged to insure a Civic DX 4-Dr Sedan trim level will be $612 less than the insurance cost for the more expensive Civic SI 2-Dr Coupe version, as shown by the rates below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Civic DX 4-Dr Sedan||$278||$644||$544||$32||$162||$1,660||$138|
|Civic VP 4-Dr Sedan||$278||$760||$544||$32||$162||$1,776||$148|
|Civic LX 4-Dr Sedan||$278||$760||$544||$32||$162||$1,776||$148|
|Civic DX 2-Dr Coupe||$278||$760||$678||$40||$204||$1,960||$163|
|Civic EX 4-Dr Sedan||$278||$760||$544||$32||$162||$1,776||$148|
|Civic LX-S 4-Dr Sedan||$278||$760||$544||$32||$162||$1,776||$148|
|Civic LX 2-Dr Coupe||$278||$874||$678||$40||$204||$2,074||$173|
|Civic EX-L 4-Dr Sedan||$320||$874||$544||$32||$162||$1,932||$161|
|Civic SI 4-Dr Sedan||$320||$874||$544||$32||$162||$1,932||$161|
|Civic EX 2-Dr Coupe||$320||$874||$678||$40||$204||$2,116||$176|
|Civic GX 4-Dr Sedan||$320||$874||$544||$32||$162||$1,932||$161|
|Civic EX-L 2-Dr Coupe||$320||$874||$678||$40||$204||$2,116||$176|
|Civic Hybrid 4-Dr Sedan||$360||$760||$544||$32||$162||$1,858||$155|
|Civic SI 2-Dr Coupe||$360||$990||$678||$40||$204||$2,272||$189|
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Prices based on single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and New Jersey minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Estimates do not factor in specific Jersey City garaging location which can modify premiums substantially.
Ending up with the highest-rated auto insurance provider can be difficult considering how many companies there are to choose from in Jersey City. The information below could help you pick which car insurance companies to look at when shopping around. The rankings below only include insurance companies that insure vehicles in the majority of U.S. states, so companies that may only write in New Jersey are not taken into consideration for the list.
Top 10 Major Auto Insurance Providers in Jersey City Ranked by Claims Service
- Liberty Mutual
- State Farm
- 21st Century
- The Hartford
- Farmers Insurance
Top 10 Major Auto Insurance Providers in Jersey City Ranked by Customer Service
- Mercury Insurance
- The Hartford
- American Family
- State Farm
- Farmers Insurance
Full coverage or liability only
Reducing premiums for insurance is the goal of most people, and one of the easiest ways to buy cheaper insurance for a Honda Civic is to not pay for full coverage. The diagram below shows the difference between insurance premiums with full physical damage coverage and with liability coverage only. The prices are based on no violations or accidents, $1,000 deductibles, marital status is single, and no policy discounts are applied.
As an overall average, comprehensive and collision coverage on your policy costs an additional $2,936 per year more than carrying just liability coverage. That is a large expense which might make you wonder when is it safe to stop buying full coverage. There is no specific rule that works best for making the decision to drop physical damage coverage, but there is a general convention. If the yearly cost of full coverage is more than about 10% of any settlement you would receive from your insurance company, then you might want to consider buying only liability coverage.
For example, let's say your vehicle's replacement cost is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $3,000 after the deductible is paid. If you are paying over $300 annually for comprehensive and collision coverage, then you might want to think about dropping full coverage.
There are some situations where dropping full coverage is not a good idea. If you haven't satisfied your loan, you are required to maintain full coverage in order to prevent your loan from defaulting. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should maintain full coverage.
Discounts on Jersey City insurance rates
Insurers that sell policies for a Honda Civic may also offer premium discounts that can lower rates by as much as 30% if you are eligible. Large insurance companies and their offered discounts are detailed below.
- Progressive policyholders can earn discounts including continuous coverage, good student, multi-policy, online quote discount, online signing, homeowner, and multi-vehicle.
- SAFECO offers premium reductions for multi-car, anti-lock brakes, teen safety rewards, bundle discounts, accident prevention training, anti-theft, and teen safe driver.
- American Family offers discounts for TimeAway discount, good driver, defensive driver, accident-free, mySafetyValet, and early bird.
- MetLife has discounts for good student, defensive driver, claim-free, good driver, and accident-free.
- GEICO may have discounts that include anti-lock brakes, military active duty, good student, anti-theft, and federal employee.
- The Hartford includes discounts for good student, bundle, air bag, defensive driver, and anti-theft.
The diagram below illustrates the difference between car insurance costs with and without discounts applied to the policy rates. The rates are based on a female driver, no claims or driving citations, New Jersey state minimum liability limits, comprehensive and collision coverage, and $500 deductibles.
The first bar for each age group shows the price with no discounts. The second bar shows the rates with defensive driving course, accident-free, multiple policy, vehicle safety, homeowner, and anti-theft discounts applied. When drivers take advantage of discounts, the average savings per year on insurance for a Honda Civic is 28% or $764.
Here's why you should compare rates often
Jersey City insurance rates are impacted by many factors that can increase the cost of your policy. Improving your credit score, increasing liability limits, or getting a DUI may generate price changes that can make some companies cheaper than before. Not only may your risk profile change, but insurers file new New Jersey car insurance rates at least once a year in order to maintain liquidity for claims. Higher than normal claim frequency or severity may cause rate hikes, while a better claims history may produce more affordable Civic insurance rates.
To illustrate this example, the data below demonstrates which company has the cheapest car insurance in Jersey City, NJ for a 35-year-old female driver with no prior accidents, a clean driving record, and good credit. If we compare prices based on her current situation, 21st Century quotes the lowest car insurance rates in Jersey City at $1,540 per year. This is $312 less than the average policy premium paid by New Jersey drivers of $1,852. Travelers, New Jersey Manufacturers, Penn National, and Palisades are also on the list of the most affordable Jersey City, NJ auto insurance companies.
In this next rate comparison, we will give the driver from the above example a chargeable accident, a lower credit rating, and a couple of points charged on her driving record. Because each company uses their own calculation for setting prices, getting updated rate quotes may result in a different set of affordable companies as shown below.
The Hartford now has the cheapest insurance rate in Jersey City, NJ with Allstate, USAA, Mercury, and Travelers now rounding out the top five. This example proves why it is so important to shop around when trying to find the most affordable insurance quotes for a Honda Civic.
Insurance prices consist of many things and can change substantially, so the most economical option three years ago may now be one of the higher cost companies.
How to find more affordable auto insurance for a Honda Civic
The list below summarizes some thrifty ideas that can help you locate more affordable auto insurance.
- Assess whether full coverage is needed
- Try paying for small claims out-of-pocket
- Improve your credit rating
- Raise comprehensive and collision coverage deductibles
- Buying car and homeowners insurance together can save money
- Vehicles with good safety ratings have lower liability rates
- Comparison shop at least once a year
The last tip is extraordinarily vital, as we discussed in this article. Prices charged by auto insurers vary greatly, so don't be afraid to switch to a new company if you can find a cheaper rate.
Having brand loyalty is commendable, but it's not a good idea if it's costing you money that could be spent on other things. It only take a few minutes to shop around and find cheaper auto insurance for a Honda Civic in Jersey City.
The insurance agents in Jersey City listed below can most likely help you determine which coverages and limits you need, since lots of people like to have professional advice when comparing insurance rates for a Honda Civic. It can be difficult to find the cheapest auto insurance company, and using a licensed agent can give comfort knowing your coverage gives you enough coverage if you have a claim.
To find an auto insurance agency by location nearest to you, click the button link following the list.
- MOMS Insurance Agency
155 Martin Luther King Dr B - Jersey City, NJ 07305 - (201) 451-3200
- Exodus Insurance Services
758 Ocean Ave - Jersey City, NJ 07304 - (201) 433-1015
- Tawanda Jackson - State Farm Insurance Agent
688 NJ-440 - Jersey City, NJ 07305 - (201) 209-0290