Locating the cheapest insurance for an Acura TSX in New Jersey can normally be difficult, but you can use the following methods to make it easier.
There is a better way to find car insurance online so you’re going to learn the quickest way to price shop coverage on a Acura and get the lowest price from Jersey City insurance agents and online providers.
It’s an obvious statement that insurance companies want to keep you from comparing rates. Consumers who compare price quotes will most likely switch companies because there is a good probability of finding a policy with better rates. Surprisingly, a recent survey revealed that consumers who did price comparisons regularly saved as much as $72 a month as compared to drivers who don’t make a habit of comparing rates.
If finding the lowest price on car insurance in Jersey City is the reason you’re reading this, then knowing the best ways to find and compare insurance can help you succeed in finding affordable rates.
Getting a cheaper price on insurance is not rocket science. The only thing you need to do is spend a few minutes getting comparison quotes online with multiple companies.
The providers in the list below have been selected to offer quotes in Jersey City, NJ. In order to find cheap car insurance in New Jersey, we recommend you visit as many as you can to get the cheapest price.
Coverage statistics and figures
The coverage table shown next covers a range of insurance premium costs for Acura TSX models. Having a good understanding how insurance premiums are figured is important to be able to make decisions on which coverage to buy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|TSX Technology Package||$360||$730||$384||$22||$114||$1,610||$134|
|Get Your Own Custom Quote Go|
Prices above based on married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and New Jersey minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, homeowner, and claim-free. Premium amounts do not factor in specific zip code location which can modify premiums greatly.
The example below shows how choosing a deductible and can raise or lower Acura TSX yearly insurance costs for different age groups. The data is based on a single female driver, comp and collision included, and no policy discounts are applied.
Acura TSX liability-only versus full coverage
The diagram below shows the comparison of Acura TSX insurance rates with liability coverage only compared to full coverage. The prices are based on no driving violations, no at-fault accidents, $100 deductibles, drivers are not married, and no additional discounts are factored in.
When to switch to liability coverage only
There isn’t a steadfast formula that works best for making the decision to drop physical damage insurance, but there is a general school of thought. If the annual cost of coverage is more than around 10% of the vehicle’s replacement cost less your deductible, then you may want to consider only buying liability coverage.
For example, let’s assume your Acura TSX book value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most your company will settle for is $8,000 after the deductible is paid. If it’s costing in excess of $800 annually for physical damage coverage, then it may be the right time to buy liability only.
There are some cases where dropping physical damage coverage is not a good plan. If you still owe money on your vehicle, you have to carry full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should keep full coverage in place.
Verify you’re getting every discount
Car insurance can cost a lot, but discounts can save money and there are some available that you may not even know about. Certain credits will be shown when you quote, but some need to be asked for before you get the savings.
- Drivers Education – It’s a good idea to have your young drivers successfully take a driver’s education course in school.
- Telematics Data Discounts – People who choose to allow data collection to track vehicle usage by using a telematic data system like In-Drive from State Farm and Progressive’s Snapshot may see discounts if they exhibit good driving behavior.
- Multi-line Discount – Larger insurance carriers have lower rates if you buy a life policy as well.
- Homeowners Savings – Just owning your own home can save a few bucks because it requires personal responsibility.
- Discount for Multiple Policies – If you can combine your homeowners and auto policy with the same insurance company you may earn over 10 percent off each policy depending on the company.
- Discounts for New Vehicles – Buying insurance coverage on a new vehicle can save you some money since newer models are generally safer.
- Renewal Discounts – Some companies provide a discount for switching companies prior to the expiration date on your current TSX insurance policy. It could save around 10% when you buy Jersey City car insurance online.
- Multiple Vehicles – Buying a policy with more than one vehicle with one company can get a discount on all vehicles.
You can save money using discounts, but some of the credits will not apply to the whole policy. Some only reduce specific coverage prices like comprehensive or collision. So when the math indicates adding up those discounts means a free policy, companies don’t profit that way.
The illustration below illustrates the comparison of Acura TSX annual premium costs with and without discounts. The rates are based on a female driver, no claims or driving violations, New Jersey state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, multi-policy, safe-driver, homeowner, and marriage discounts applied.
For a list of insurance companies who offer insurance discounts in Jersey City, follow this link.
Insurance in New Jersey serves several purposes
Despite the high cost of buying insurance for a Acura TSX in Jersey City, insurance is mandatory in New Jersey but it also protects more than you think.
First, almost all states have compulsory liability insurance requirements which means state laws require specific minimum amounts of liability insurance coverage in order to drive the car. 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 loan on your TSX, it’s most likely the lender will require you to carry insurance to ensure loan repayment if the vehicle is totaled. If you do not pay your insurance premiums, the bank will be required to insure your Acura at an extremely high rate and force you to pay a much higher amount than you were paying before.
Third, insurance safeguards both your vehicle and your personal assets. It also can pay for most medical and hospital costs for yourself as well as anyone injured by you. One of the most valuable coverages, liability insurance, also pays for attorney fees and expenses if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, comprehensive and/or collision insurance will pay to repair the damage minus the deductible amount.
The benefits of having insurance definitely exceed the price paid, especially if you ever need it. As of last year, the average driver in New Jersey is overpaying over $750 every year so it’s important to compare rates at least once a year to be sure current rates are still competitive.
Exclusive or independent insurance agencies
A small number of people prefer to get professional advice from a licensed agent. Experienced insurance agents can point out coverage gaps and help file insurance claims. One of the benefits of comparing insurance prices online is that drivers can save money and get lower rates but still work with a licensed agent. And providing support for neighborhood agents is important especially in Jersey City.
Upon completion of this form (opens in new window), the coverage information is submitted to local insurance agents in Jersey City that give free quotes for your coverage. You won’t need to search for any insurance agencies because prices are sent to you directly. If you want to get a rate quote from a particular provider, just visit that company’s website and fill out the quote form the provide.
Choose the right auto insurance agent
If you would like to find a good insurance agency, there are two types of insurance agents and how they are slightly different. Insurance policy providers can be categorized as either independent or exclusive depending on the company they work for. Both properly insure your vehicles, but it’s important to know why they differ because it can influence which type of agent you select.
Independent Insurance Agencies or Brokers
These agents do not write with just one company and that enables them to quote your coverage with many different companies and find you cheaper rates. If your agent finds better pricing, they simply move your policy to a different company and the insured can keep the same agent. When comparison shopping, you need to compare prices from multiple independent agents for the best price selection. A lot of them also have access to smaller regional carriers which may have better rates.
Shown below is a list of independent insurance agents in Jersey City who may provide price quotes.
- Dieugrand Insurance
582 West Side Ave – Jersey City, NJ 07304 – (201) 209-1306 – View Map
- Diaz Insurance Agency
815 Bergenline Ave – Union City, NJ 07087 – (201) 348-1288 – View Map
- Cheap Car Insurance Quotes Auto Newark NJ
268 W KINNEY ST – Newark, NJ 07103 – (888) 290-0635 – View Map
Exclusive Insurance Agents
These type of agents are contracted to one company such as AAA, Allstate, State Farm, or Farmers Insurance. These agents are not able to provide rate quotes from other companies so they have to upsell other benefits. These agents are highly trained on what they offer which helps overcome the inability to quote other rates. Consumers frequently purchase coverage from exclusives mostly because of the brand and strong financial ratings.
The following is a list of exclusive insurance agents in Jersey City willing to provide rate quotes.
- Tawanda Jackson – State Farm Insurance Agent
688 NJ-440 – Jersey City, NJ 07305 – (201) 209-0290 – View Map
- Mansa Nicome – State Farm Insurance Agent
86 NJ-35 – Neptune City, NJ 07753 – (732) 776-9999 – View Map
- Allstate Insurance: Emad Soliman
844 Bergen Ave – Jersey City, NJ 07306 – (201) 332-6999 – View Map
Selecting an car insurance agent should include more criteria than just the bottom line cost. The answers to these questions are important, too.
- Where would your vehicle be repaired?
- If they are an independent agency in Jersey City, which companies do they recommend?
- Are they paid to recommend certain coverages?
- What are the financial ratings for the companies they represent?
- What company do they have the most business with?
- Are they properly licensed to sell insurance in New Jersey?
- Are there any discounts that you might be missing?
- What companies can they write with?