Amazingly, the majority of drivers kept their policy with the same company for over three years, and nearly the majority have never compared rates with other companies. New Jersey consumers could save themselves almost $700 a year by just comparing rate quotes, but they don't know the rate savings if they replace their high priced policy.
Truthfully, the best way to quote cheaper Ford Fusion Hybrid insurance in Jersey City is to make a habit of regularly comparing prices from insurance carriers who provide car insurance in New Jersey. Rate comparisons can be done by following these steps.
First, gain an understanding of how companies set rates and the measures you can control to prevent expensive coverage. Many factors that result in higher prices like at-fault accidents and a less-than-favorable credit score can be amended by making minor changes to your lifestyle. Continue reading for more information to help find cheaper rates and find possible discounts that are available.
Second, compare price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only give prices from one company like Progressive or State Farm, while agents who are independent can quote prices from many different companies.
Third, compare the new rate quotes to your existing policy to see if a cheaper price is available. If you can save some money and change companies, make sure there is no lapse in coverage.
Fourth, provide proper notification to your current company to cancel your current auto insurance policy. Submit a completed policy application and payment to your new insurance company. As soon as coverage is bound, place your new certificate verifying coverage with your registration paperwork.
A good tip to remember is to compare the same level of coverage on each quote request and and to look at as many different insurance providers as possible. This guarantees the most accurate price comparison and maximum price selection.
Finding a lower price on Ford Fusion Hybrid insurance is a fairly straight forward process. The only requirement is to take time getting comparison quotes online with multiple companies.
Comparing free rate quotes online is easy and it, replaces the need to spend time driving to all the different Jersey City insurance agencies. Buying insurance online can eliminate the need for a local agent unless you prefer the peace of mind that only a licensed agent can provide. Drivers can compare online quotes but buy from a local insurance agent.
The providers in the list below are ready to provide comparison quotes in New Jersey. If you wish to find cheap car insurance in Jersey City, it's highly recommended you visit as many as you can to find the most affordable auto insurance rates.
Lower rates by qualifying for discounts
Auto insurance companies don't always publicize all their discounts in an easy-to-find place, so here is a list both the well known and also the lesser-known ways to save on car insurance.
- Paper-free Discount - Certain insurance companies give back up to $50 for buying your policy over the internet.
- Discount for Life Insurance - Car insurance companies who offer life insurance give a break if you buy life insurance.
- Pay Now and Pay Less - If paying your policy premium upfront as opposed to paying monthly you can actually save on your bill.
- Discounts for Multiple Vehicles - Drivers who insure multiple cars or trucks on a single policy can reduce rates for all insured vehicles.
- Jersey City Homeowners Pay Less - Just being a homeowner can save a few bucks since home ownership is proof of financial responsibility.
- Driver's Education for Students - Teen drivers should successfully complete driver's ed class in school.
- Discount for Multiple Policies - If you have multiple policies and insure them both with the same insurance company you may save up to 20% and get you low cost Ford Fusion Hybrid insurance.
- Lower Rates for Military - Being on active deployment in the military can result in better rates.
Don't be surprised that most of the big mark downs will not be given to all coverage premiums. Some only apply to individual premiums such as collision or personal injury protection. Just because it seems like all the discounts add up to a free policy, companies don't profit that way.
The chart below shows the comparison of Ford Fusion Hybrid car insurance costs with and without discounts applied to the policy rates. The rate quotes are based on a male driver, no accidents or driving violations, New Jersey state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, homeowner, claim-free, safe-driver, and marriage discounts applied.
Popular car insurance companies and a partial list of their discounts are shown below.
- State Farm offers premium reductions for multiple policy, anti-theft, good student, passive restraint, defensive driving training, safe vehicle, and accident-free.
- GEICO has savings for anti-lock brakes, good student, multi-policy, anti-theft, emergency military deployment, defensive driver, and military active duty.
- Liberty Mutual offers discounts for newly married, newly retired, multi-policy, exclusive group savings, new vehicle discount, new move discount, and good student.
- The Hartford policyholders can earn discounts including air bag, driver training, anti-theft, defensive driver, and bundle.
- MetLife may offer discounts for defensive driver, claim-free, accident-free, multi-policy, good driver, and good student.
- Progressive discounts include homeowner, continuous coverage, good student, online quote discount, and multi-vehicle.
Before purchasing a policy, check with all the companies which discounts can lower your rates. Discounts might not be available to policyholders in Jersey City.
Ford Fusion Hybrid coverage analysis
The data table shown below highlights detailed analysis of insurance premium costs for Ford Fusion Hybrid models. Having insight into how auto insurance premiums are established is important to be able to make smart choices when choosing a car insurance company.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Fusion Hybrid 4-Dr Sedan||$518||$1246||$812||$48||$242||$2,866||$239|
|Get Your Own Custom Quote Go|
Prices based on single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and New Jersey minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Estimates do not factor in garaging location in Jersey City which can increase or decrease premiums greatly.
Get Cheap Insurance Prices by Understanding These Factors
One of the most helpful ways to save on insurance is to to have a grasp of a few of the rating criteria that help determine the price you pay for insurance. If you have some idea of what determines premiums, this enables you to make decisions that will entitle you to lower insurance prices.
Shown below are some of the factors companies use to determine rates.
Your address can push rates up or down - Residing in a rural area has it's advantages when talking about insurance. People who live in big cities have more auto accidents and longer commutes to work. Fewer drivers means less chance of accidents in addition to lower liability claims.
High credit score translates to low costs - Your credit history can be an important factor in determining what you pay. So if your credit history can use some improvement, you could potentially save money when insuring your Ford Fusion Hybrid if you clean up your credit. Drivers with good credit tend to be better drivers and file fewer claims than those with poor credit.
Insurance premiums and driver gender - The statistics show that females tend to be a little less risky than males. That doesn't necessarily mean that men are WORSE drivers than women. Males and females cause at-fault accidents in similar numbers, but men tend to have more serious accidents. Not only that, but men also receive more major tickets like DWI (DUI) or reckless driving. Youthful male drivers cause the most accidents and are penalized with high insurance rates.
The diagram below shows the comparison of Ford Fusion Hybrid insurance costs for male and female drivers. Data assumes no accidents or driving violations, full coverage, $250 deductibles, marital status is single, and no other discounts are factored in.
Lower miles driven equals lower premium - Driving more miles annually the higher your rate. Many insurance companies charge rates partially by how you use the vehicle. Cars and trucks that do not get driven very much cost less to insure as compared to vehicles used primarily for driving to work. Having the wrong rating on your Fusion Hybrid is just wasting money. It's a good idea to make sure your declarations sheet reflects the proper vehicle usage, because improper ratings can cost you money.
Car features that cut insurance rates - Driving a car with a theft deterrent system can save you a little every year. Systems that thwart thieves like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart vehicle theft.
Accidents can be expensive - Good drivers pay less for auto insurance compared to drivers with tickets. Having a single citation can increase rates by as much as twenty percent. Drivers who have received license-revoking tickets such as DUI or willful reckless driving are required to maintain a SR-22 with their state motor vehicle department in order to prevent a license revocation.
The diagram below illustrates how speeding tickets and at-fault collisions can increase Ford Fusion Hybrid car insurance costs for each different age group. The price estimates are based on a married female driver, comprehensive and collision coverage, $100 deductibles, and no policy discounts are applied.
Ford Fusion Hybrid insurance loss statistics - Car insurance companies use past loss statistics for each vehicle to help calculate a profitable premium rate. Models that statistically have higher losses will have higher premium rates.
The information below illustrates the loss history for Ford Fusion Hybrid vehicles. For each coverage type, the loss probability for all vehicles, without regard to make or model, equals 100. Values that are below 100 mean the vehicle has better than average losses, while numbers that are greater than 100 point to more claims or an increased chance of a larger loss.
|Vehicle Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Ford Fusion Hybrid||125||97||98||92||93||95|
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years