Chevy Colorado Insurance Quotes in Jersey City

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If saving money is your primary concern, then the best way to find lower priced Chevy Colorado insurance in Jersey City is to do a yearly price comparison from insurers who sell insurance in New Jersey. This can be done by following these guidelines.

  • Step 1: Try to learn about auto insurance and the factors you can control to drop your rates. Many rating factors that result in higher rates such as traffic citations, accidents, and a lousy credit rating can be rectified by being financially responsible and driving safely.
  • Step 2: Compare rates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give rate quotes from one company like GEICO and Allstate, while independent agents can provide price quotes for a wide range of companies.
  • Step 3: Compare the new rates to your current policy to see if a cheaper rate is available. If you can save money, make sure there is no coverage gap between policies.
  • Step 4: Notify your company or agent to cancel your current auto insurance policy and submit a completed application and payment to the new company. Once the paperwork is finalized, put the proof of insurance paperwork in your glove compartment.

One thing to point out is to make sure you enter the same deductibles and limits on each quote and and to get rates from as many companies as possible. This enables an apples-to-apples comparison and many rates to choose from.

Insurance rates Chevy Colorado in Jersey CityIt's easy to assume that car insurance companies want to prevent you from shopping around. Consumers who shop for lower rates are likely to buy a different policy because they have good chances of finding better rates. Surprisingly, a recent survey revealed that consumers who regularly shopped around saved about $3,450 over four years compared to drivers who never shopped around for lower prices.

If finding the cheapest price on Chevy Colorado insurance in Jersey City is your target objective, understanding how to find companies and compare insurance coverage can make shopping around easier.

Verify you're receiving every discount

Some insurance providers don't always publicize their entire list of discounts in a way that's easy to find, so below is a list both the well known as well as some of the hidden ways to save on insurance. If you do not double check each discount possible, you are throwing money away.Save money with discounts

  • Bundle and Save - If you combine your homeowners and auto policies with the same company you will save up to 20% and get you low cost Chevrolet Colorado insurance.
  • Military Discounts - Being deployed in the military may lower your premium rates slightly.
  • Payment Method - If paying your policy premium upfront instead of making monthly payments you could save up to 5%.
  • Student in College - College-age children who live away from home at college and do not have access to a covered vehicle could qualify for this discount.
  • Student Discount for Driver Training - Teen drivers should participate in a local driver's education class in school.
  • Passive Restraints and Air Bags - Options like air bags and/or automatic seat belt systems could see savings up to 30%.
  • First Accident Forgiveness - Not really a discount, but some insurance companies will allow you to have one accident before they charge you more for coverage with the catch being you have to be claim-free for a set time period.
  • Home Ownership Discount - Owning a home in Jersey City may earn you a small savings due to the fact that maintaining a home shows financial diligence.

A quick disclaimer, some of the credits will not apply to the whole policy. Most only cut the price of certain insurance coverages like liability and collision coverage. So when the math indicates adding up those discounts means a free policy, insurance companies wouldn't stay in business.

The illustration below shows the comparison of Chevy Colorado insurance rates with and without discounts applied to the rates. The price estimates are based on a male driver, a clean driving record, no claims, New Jersey state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, claim-free, homeowner, safe-driver, and multi-car discounts applied.

A list of companies and their offered discounts are:

  • State Farm may have discounts that include defensive driving training, multiple policy, student away at school, accident-free, driver's education, and anti-theft.
  • GEICO has discounts for multi-vehicle, air bags, military active duty, federal employee, and anti-lock brakes.
  • Allstate discounts include anti-theft, senior citizen, anti-lock brakes, farm vehicle, good student, and auto/life discount.
  • SAFECO offers discounts including multi-car, accident prevention training, teen safety rewards, anti-lock brakes, bundle discounts, safe driver, and anti-theft.
  • Farm Bureau offers discounts for multi-policy, multi-vehicle, 55 and retired, youthful driver, good student, and renewal discount.
  • Progressive may offer discounts for continuous coverage, good student, multi-policy, multi-vehicle, online signing, and homeowner.
  • AAA offers premium reductions for AAA membership discount, anti-theft, good driver, good student, education and occupation, pay-in-full, and multi-policy.

When getting a coverage quote, ask each company or agent how you can save money. Savings may not apply to policyholders in your state.

To get affordable Chevrolet Colorado insurance quotes, there a variety of ways to compare rate quotes from all the different companies. The recommended way to lower the rate you pay for Chevy Colorado insurance is to get quotes online.

When price shopping your coverage, comparing more rates from different companies will improve the odds of getting the best price.

The car insurance companies shown below can provide price comparisons in New Jersey. If you want cheap auto insurance in Jersey City, NJ, we recommend you compare several of them to find the cheapest car insurance rates.

Premium rates and analysis

The coverage information shown next outlines detailed analysis of insurance premium costs for Chevy Colorado models. Knowing how insurance rates are formulated is important for you to make informed decisions when comparing rates.

Chevrolet Colorado Insurance Rates in Jersey City, NJ
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Colorado LT 2WD $250 $474 $496 $30 $148 $1,398 $117
Colorado LT Extended Cab 2WD $294 $576 $496 $30 $148 $1,544 $129
Colorado LT 4WD $294 $474 $420 $24 $126 $1,338 $112
Colorado LT Crew Cab 2WD $294 $576 $496 $30 $148 $1,544 $129
Colorado LT Extended Cab 4WD $294 $474 $420 $24 $126 $1,338 $112
Colorado LT Crew Cab 4WD $338 $576 $420 $24 $126 $1,484 $124
Get Your Own Custom Quote Go

Data based on married male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and New Jersey minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Premium costs do not factor in zip code location which can lower or raise rates substantially.

Policy deductibles

When comparing insurance rates, the most common question is where should you set your physical damage deductibles. The data tables below determine how much more you'll pay when you select higher and lower coverage deductibles. The first price estimate table uses a $250 deductible for comp and collision and the second set of prices uses a $1,000 deductible.

Chevrolet Colorado insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Colorado LT 2WD $276 $514 $480 $28 $144 $1,467 $122
Colorado LT Extended Cab 2WD $324 $626 $480 $28 $144 $1,627 $136
Colorado LT 4WD $324 $514 $408 $24 $122 $1,417 $118
Colorado LT Crew Cab 2WD $324 $626 $480 $28 $144 $1,627 $136
Colorado LT Extended Cab 4WD $324 $514 $408 $24 $122 $1,417 $118
Colorado LT Crew Cab 4WD $372 $626 $408 $24 $122 $1,577 $131
Get Your Own Custom Quote Go
Chevrolet Colorado insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Colorado LT 2WD $170 $324 $480 $28 $144 $1,146 $96
Colorado LT Extended Cab 2WD $200 $394 $480 $28 $144 $1,246 $104
Colorado LT 4WD $200 $324 $408 $24 $122 $1,078 $90
Colorado LT Crew Cab 2WD $200 $394 $480 $28 $144 $1,246 $104
Colorado LT Extended Cab 4WD $200 $324 $408 $24 $122 $1,078 $90
Colorado LT Crew Cab 4WD $230 $394 $408 $24 $122 $1,178 $98
Get Your Own Custom Quote Go

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Price estimates do not factor in specific location information which can alter price quotes noticeably.

Using the data above, we can ascertain that using a $250 deductible costs roughly $30 more each month or $360 every year than opting for the higher $1,000 deductible. Because you would be required to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have at a minimum 25 months between claim filings, you would probably save some money if you elect the higher deductible. The numbers below show how you can make your own decision.

Average monthly premium for $250 deductibles: $127
Average monthly premium for $1,000 deductibles (subtract): - $97
Monthly savings from raising deductible: $30
Difference between deductibles ($1,000 - $250): $750
Divide difference by monthly savings: $750 / $30
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 25 months

Illustration showing the impact of accidents and violations

The example below demonstrates how speeding tickets and accident claims can increase Chevy Colorado premium costs for different age groups. The information is based on a married male driver, comprehensive and collision coverage, $1,000 deductibles, and no other discounts are factored in.

Full coverage rates compared to liability-only

The illustration below illustrates the comparison of Chevy Colorado car insurance rates with and without physical damage coverage. The rates are based on a clean driving record, no claims, $500 deductibles, drivers are single, and no additional discounts are factored in.

When to stop paying for full coverage

There is no specific rule for excluding physical damage insurance, but there is a guideline you can use. If the annual cost of your full coverage insurance is more than around 10% of any settlement you would receive from your insurance company, then it's probably a good time to buy liability coverage only.

For example, let's assume your Chevy Colorado book value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most you would receive is $2,000 after paying your deductible. If it's costing you more than $200 a year for full coverage, then it might be time to buy liability only.

There are some scenarios where only buying liability is not recommended. If you still have a loan on your vehicle, you have to maintain full coverage in order to keep the loan. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should not remove full coverage.

You are unique and your car insurance should be too

When selecting the best car insurance coverage for your personal vehicles, there really is not a best way to insure your cars. Every situation is different and your car insurance should unique, too.Higher deductibles save money Here are some questions about coverages that can aid in determining whether you might need an agent's assistance.

  • Why are teen drivers so expensive to add on to my policy?
  • Is my babysitter covered when using my vehicle?
  • Do I need rental car coverage?
  • What discounts do I qualify for?
  • When should I not buy collision coverage?
  • If I use my vehicle for business use is it covered?
  • Is other people's property covered if stolen from my vehicle?
  • Can I afford to buy a different vehicle if my Chevy Colorado is totaled?

If you can't answer these questions but you know they apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier

Exclusive and independent car insurance agents

Some people prefer to get advice from a local agent and that is not a bad decision The biggest benefit of comparing rate quotes online is that you can find lower rates and still choose a local agent.

Upon completion of this simple form, your information gets sent to local insurance agents who will give you quotes and help you find cheaper coverage. There is no reason to visit any agencies because prices are sent directly to you. It's the lowest rates and work with a local agent. If you need to compare rates from a specific company, you would need to find their quoting web page and fill out their quote form.

Finding the right insurance company should include more criteria than just a low price. These questions are important to ask:

  • If your car is totaled, how to they determine the replacement cost?
  • Does the agent have professional designations like CIC, CPCU or AIC?
  • Do they review policy coverages at every renewal?
  • Are all drivers listed on the coverage quote?
  • Does the agency have a current Errors and Omissions policy?
  • Do you work with a CSR or direct with the agent?
  • Do they offer rental car reimbursement?
  • Are they involved in claim handling?

Do you need an independent or exclusive auto insurance agent?

If you need to find a reputable insurance agent or broker, you need to know there are two types of agencies and how they function. Agents in Jersey City are categorized either independent (non-exclusive) or exclusive.

Exclusive Insurance Agents

These type of agents can usually just insure with one company and examples are State Farm, AAA, and Liberty Mutual. They are unable to compare other company's rates so keep that in mind. Exclusive insurance agents are highly trained on sales techniques which helps them compete with independent agents. Some people will only buy insurance from these agents mostly because of the brand name and solid financial strength.

The following is a short list of exclusive insurance agencies in Jersey City who may provide you with comparison quotes.

More Jersey City agents

Independent Insurance Agencies

Agents that choose to be independent do not have single company limitations so as a result can place your coverage with a variety of different insurance companies and get you the best rates possible. If your premiums go up, the business is moved internally and you won't have to switch agencies. If you are comparing rate quotes, you need to get insurance quotes from several independent insurance agents in order to have the best price comparison. Most also write with small regional insurance companies that many times have cheaper rates.

Listed below is a list of independent agents in Jersey City that can give you comparison quotes.

  • Sam's Insurance and Travel
    3396 John F. Kennedy Blvd - Jersey City, NJ 07307 - (201) 659-6800 - View Map

  • 775 Newark Ave - Jersey City, NJ 07306 - (201) 217-1780 - View Map
  • Petrocci Agency
    1674 John F. Kennedy Blvd # A - Jersey City, NJ 07305 - (201) 434-4760 - View Map

More Jersey City agents

Compare rates regularly to save

The cheapest Chevy Colorado insurance in Jersey City is attainable both online and with local Jersey City insurance agents, and you need to comparison shop both to get a complete price analysis. Some insurance companies may not provide rates over the internet and many times these regional insurance providers only sell through local independent agents.

While you're price shopping online, never buy lower coverage limits just to save a few bucks. There have been many cases where someone dropped full coverage only to regret that the small savings ended up costing them much more. The proper strategy is to purchase a proper amount of coverage at the best cost and still be able to protect your assets.

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