Compare Volvo XC60 Insurance Quotes in Jersey City

It takes a few minutes, but the best way to find affordable car insurance rates in Jersey City is to compare prices annually from different companies who provide auto insurance in New Jersey.

1. Read about how your policy works and the things you can change to lower rates. Many rating factors that cause high rates such as careless driving and bad credit can be amended by improving your driving habits or financial responsibility.
2. Compare price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from a single company like GEICO or Farmers Insurance, while independent agencies can give you price quotes from multiple insurance companies. Select a company
3. Compare the price quotes to your current policy premium to see if cheaper XC60 coverage is available in Jersey City. If you find a better price and switch companies, make sure there is no lapse between the expiration of your current policy and the new one.
4. Provide written notification to your current company of your intention to cancel your current car insurance policy. Submit a signed application and payment to your new agent or company. Immediately place the new proof of insurance paperwork in a readily accessible location in your vehicle.

The most important part of shopping around is to compare identical deductibles and limits on every quote request and and to get quotes from as many auto insurance providers as possible. This guarantees a fair price comparison and a complete price analysis.

We don’t have to tell you that car insurance companies don’t want their customers to go rate shopping. People who shop around for the cheapest rate will most likely switch auto insurance companies because they stand a good chance of finding discount prices. A recent survey revealed that drivers who compared rate quotes regularly saved about $850 each year compared to policyholders who never compared other company’s rates.

If finding low prices for Volvo XC60 insurance is your target objective, then learning a little about the best ways to find and compare coverage rates can help make the process easier.

How to buy Volvo XC60 insurance online

When shopping for cheaper Jersey City auto insurance quotes, there are a couple of ways to compare prices from many car insurance companies in New Jersey. The recommended way to do a complete rate comparison is to perform an online rate comparison.

It’s so easy to compare rates online that it takes the place of having to drive to insurance agencies in your area. Shopping for car insurance online has made agencies unnecessary unless you have a complicated situation and need the professional guidance that only a licensed agent can provide. However, consumers can price shop online but have a local agent actually write the policy. Keep in mind that making a lot of price comparisons increases your odds of finding a lower rate than you’re paying now.

The companies shown below offer price quotes in New Jersey. To find cheap auto insurance in New Jersey, we suggest you visit several of them in order to get a fair rate comparison.

Do you qualify for discounts?

Car insurance is not inexpensive, but you may find discounts to reduce the price significantly. Many discounts should be triggered at the time of quoting, but some discounts are required to be requested specifically prior to receiving the credit.

• Discount for Life Insurance – Not all insurance carriers offer life insurance, but some may give you a discounted premium rate on car insurance if you buy some life insurance in addition to your auto policy.
• E-sign – Some insurance companies provide a small discount just for signing your application on the internet.
• Discount for Home Ownership – Owning a home in Jersey City may trigger a policy discount on car insurance since owning and maintaining a home is proof that your finances are in order.
• Telematics Data – People who choose to allow their company to track where and when they drive through the use of a telematics system such as Drivewise from Allstate or Snapshot from Progressive might see lower rates if they are good drivers.
• Drivers Education – Have your child complete a driver education course in school.
• No Accidents – Jersey City drivers who stay claim-free can save substantially when compared to policyholders that have many claims.
• Pay Early and Save – If you pay your entire premium ahead of time instead of paying each month you can avoid the installment charge.
• Save with More Vehicles Insured – Having several vehicles with the same company could earn a price break for each car.
• ABS Braking Discount – Vehicles with ABS and/or traction control can stop better under adverse conditions so companies give up to a 10% discount.
• Sign Early and Save – Some insurance companies give discounts for buying a new policy prior to your current XC60 insurance policy expiration. You can save around 10% with this discount.

As is typical with insurance, most credits do not apply to your bottom line cost. Some only reduce specific coverage prices like collision or personal injury protection. Even though it appears you could get a free car insurance policy, car insurance companies aren’t that generous.

The chart below compares Volvo XC60 insurance premiums with and without discounts. The costs are based on a female driver, no accidents or driving violations, New Jersey state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, claim-free, multi-car, multi-policy, and homeowner discounts applied.

If you would like to choose from a list of car insurance companies with significant discounts in Jersey City, follow this link.

Car insurance analysis for a Volvo XC60

The coverage table shown below covers detailed analysis of coverage costs for Volvo XC60 models. Learning more about how auto insurance prices are figured can assist in making informed decisions when comparing rates.

Price data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and New Jersey minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, homeowner, and multi-vehicle. Information does not factor in vehicle garaging location which can alter price quotes significantly.

Raise deductibles and save

One of the hardest decisions when shopping for car insurance is how low should you set your deductibles. The figures shown below can help illustrate the rate fluctuation between high and low comp and collision deductibles. The first rate estimation uses a $250 physical damage coverage deductible and the second price chart uses a $500 deductible.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Premium amounts do not factor in specific Jersey City garaging location which can influence coverage prices considerably.

Based on these figures, using a $250 deductible costs approximately $20 more each month or $240 for a full year across all Volvo XC60 models than opting for the higher $500 deductible. Due to the fact that you would have to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you normally average at least 13 months between claim filings, you would save money going with the higher deductible.

The chart below illustrates how choosing a deductible and can change Volvo XC60 premium costs for different age groups. The premiums are based on a married female driver, comp and collision included, and no policy discounts are applied.

Car insurance rates by gender and age

The illustration below compares Volvo XC60 premium costs for male and female drivers. The rates are based on no claims, a clean driving record, full physical damage coverage, $250 deductibles, drivers are not married, and no other discounts are factored in.

Rate comparison of full coverage and liability-only

The diagram below illustrates the comparison of Volvo XC60 auto insurance costs with liability coverage only compared to full coverage. The rates are based on no accidents or driving violations, $100 deductibles, single status, and no discounts are taken into consideration.

When to eliminate full coverage

There isn’t a written rule of when to drop comp and collision coverage, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than 10% of the vehicle’s replacement cost less your deductible, the it may be a good time to stop paying for full coverage.

For example, let’s pretend your Volvo XC60 replacement cost is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $2,000 after paying your deductible. If you are paying more than $200 annually for your policy with full coverage, then you might consider buying liability only.

There are some circumstances where eliminating full coverage is not advised. If you haven’t paid off your loan, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should maintain full coverage.

Comparing prices from local Jersey City auto insurance agents

Some consumers still like to get advice from a local agent and that can be a great decision One of the benefits of comparing rate quotes online is you may find the lowest rates but still work with a licensed agent. And providing support for neighborhood insurance agencies is still important in Jersey City.

To make it easy to find an agent, after completing this form (opens in new window), the quote information is emailed to participating agents in Jersey City that give free quotes for your insurance coverage. It’s much easier because you don’t need to visit any agencies since rate quotes are delivered immediately to you. Get lower rates without a big time investment. If you have a need to quote rates from a specific car insurance provider, feel free to search and find their rate quote page and submit a quote form there.

If you would like to find a reputable insurance agent or broker, you must know there are a couple types of agencies that you can select. Car insurance agencies can either be independent agents or exclusive agents.

Independent Car Insurance Agencies

Agents that choose to be independent are not employed by any specific company so they can insure your vehicles amongst many companies and find you cheaper rates. To move your coverage to a new company, they simply switch companies in-house and you don’t have to find a new agent.

If you need lower rates, you will want to include price quotes from several independent agencies for the best price selection.

Shown below is a list of independent insurance agents in Jersey City that may be able to give price quotes.

View more Jersey City agents

Exclusive Car Insurance Agents

Exclusive insurance agents can only place business with one company such as Allstate and State Farm. They are unable to provide rate quotes from other companies so they have to upsell other benefits. They receive a lot of sales training on sales techniques which aids in selling service over price.

Listed below is a short list of exclusive agencies in Jersey City who can help you get price quotes.

View more Jersey City agents

Picking a insurance agency needs to be determined by more than just the price. Below are some questions you should ask.

• Is the agency covered by Errors and Omissions coverage?
• What kind of financial rating does the company have?
• How often do they review coverages?
• Will the agent or a CSR service your policy?
• Are there any hidden costs in their price quote and does it include driving and credit history?
• Is the quote a firm price?

It’s not one size fits all

When selecting a policy for your personal vehicles, there really is no cookie cutter policy. Every insured’s situation is different so your insurance needs to address that.
Here are some questions about coverages that could help you determine if your situation will benefit from professional help.

• Do I need roadside assistance coverage?
• Am I insured when driving a different vehicle?
• Am I covered while delivering pizza?
• Does my Volvo XC60 qualify for pleasure use?
• Can my babysitter drive my car?
• Are there companies who specialize in insuring high-risk drivers?
• Is my son or daughter covered when driving my car?
• Do I need motorclub coverage?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies.

Jersey City Insurance Premiums are Influenced by These Factors

Consumers need to have an understanding of a few of the rating criteria that are used to determine the level of your policy premiums. If you know what impacts premium levels, this allows you to make good choices that could help you find lower insurance prices. Many things are part of the equation when you quote your car insurance policy. Some of the criteria are obvious such as your driving record, but other factors are more obscure such as your credit history and annual miles driven.

• Reduce premiums by staying claim free – If you file claims often, you shouldn’t be surprised to get higher premiums or even policy non-renewal. Auto insurance companies in New Jersey generally give cheaper rates to insureds who file claims infrequently. Your car insurance is intended to be relied upon for major claims that would cause financial hardship.
• Amount of liability insurance – The liability coverage on your policy will protect you when a court rules you are at fault for causing damage or personal injury in an accident. It provides legal defense coverage up to the limits shown on your policy. Liability insurance is pretty cheap as compared to coverage for physical damage, so buy as much as you can afford.
• More than one policy can earn a discount – Many companies provide a discount for people that buy multiple policies, otherwise known as a multi-policy discount. Even if you qualify for this discount already, it’s still a good idea to comparison shop to confirm you are receiving the best rates possible. Drivers may still save even more than the discount by buying insurance from a different company.

• Get a ticket, pay higher costs – Whether or not you get tickets impacts premiums far more than you think. Having a single chargeable violation could increase your next policy renewal twenty percent or more. Attentive drivers get better rates as compared to those with violations. Drivers who have received severe violations such as reckless driving, hit and run or driving under the influence are required to submit a SR-22 form to the state department of motor vehicles in order to prevent their license from being revoked.

  The information below illustrates how speeding tickets and fender-benders can increase Volvo XC60 car insurance rates for each different age category. The prices are based on a single male driver, full coverage, $100 deductibles, and no discounts are taken into consideration.

• Volvo XC60 claim data – Insurers analyze the history of losses when setting premium rates. Vehicles that statistically have higher loss trends will cost more for specific coverages. The table below demonstrates the historical loss data for Volvo XC60 vehicles.

  For each coverage type, the loss probability for all vehicles averaged together is set at 100. Numbers shown that are under 100 suggest a better than average loss history, while numbers above 100 indicate more frequent claims or statistically larger losses.

  
  

  Volvo XC60 Insurance Claim Statistics

  Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Volvo XC60 4dr 2WD	79	74	70	60	53	55
  Volvo XC60 4dr 4WD	93	82	75	66	64	57

  BETTER

  AVERAGE

  WORSE

  Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Three reasons to not skimp on car insurance

Even though it’s not necessarily cheap to insure a Volvo in Jersey City, paying for car insurance is required in New Jersey but it also protects you in many ways.

• The majority of states have mandatory liability insurance requirements which means it is punishable by state law to not carry specific minimum amounts of liability coverage in order to license the vehicle. 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.
• If you took out a loan on your Volvo, it’s guaranteed your bank will make it mandatory that you buy full coverage to guarantee their interest in the vehicle. If coverage lapses or is canceled, the bank may buy a policy for your Volvo at a significantly higher premium and force you to pay the higher price.
• Car insurance protects both your vehicle and your personal assets. Insurance will pay for hospital and medical expenses for both you and anyone you injure as the result of an accident. Liability coverage, the one required by state law, will also pay for a defense attorney if someone files suit against you as the result of an accident. If your vehicle suffers damage from an accident or hail, your car insurance policy will pay all costs to repair after the deductible has been paid.

The benefits of insuring your car more than offset the price you pay, particularly when you have a large claim. On average, a vehicle owner in Jersey City is wasting up to $810 a year so you should quote your policy with other companies at every renewal to save money.

Car insurance company ratings

Buying coverage from a highly-rated auto insurance company can be challenging considering how many companies provide coverage in Jersey City. The rank data below may help you select which insurers you want to consider buying from.

Top 10 Jersey City Car Insurance Companies Ranked by Customer Satisfaction

1. The Hartford – 93%
2. Progressive – 90%
3. 21st Century – 89%
4. USAA – 87%
5. Mercury Insurance – 87%
6. State Farm – 87%
7. Travelers – 87%
8. Safeco Insurance – 86%
9. AAA Insurance – 86%
10. American Family – 85%

Top 10 Jersey City Car Insurance Companies Ranked by Value

1. The Hartford
2. Mercury Insurance
3. Farmers Insurance
4. Safeco Insurance
5. AAA Insurance
6. 21st Century
7. Travelers
8. State Farm
9. Progressive
10. American Family

Get the best coverage at the most affordable price

As you shop your coverage around, you should never reduce needed coverages to save money. There are a lot of situations where drivers have reduced uninsured motorist or liability limits and learned later that they should have had better coverage. Your objective should be to buy the best coverage you can find for the lowest price, but do not skimp to save money.

Some insurance companies may not offer the ability to get a quote online and these regional carriers prefer to sell through independent insurance agencies. More affordable auto insurance in Jersey City is definitely available online as well as from insurance agents, so you should compare both so you have a total pricing picture.

You just learned a lot of tips how to lower your Volvo XC60 insurance premium rates in Jersey City. The key thing to remember is the more rate quotes you have, the more likely it is that you will get a better rate. Consumers could even find that the best price on auto insurance is with the least-expected company. These companies often have lower prices on specific markets than the large multi-state companies such as Allstate and Progressive.

More information can be read at the links below

• Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)
• Who Has Cheap Car Insurance for Uber Drivers in Jersey City? (FAQ)
• What Insurance is Cheapest for a Ford F-150 in Jersey City? (FAQ)
• Who Has Cheap Car Insurance Rates for a Toyota Corolla in Jersey City? (FAQ)
• How Much are Jersey City Auto Insurance Rates for Police Officers? (FAQ)
• Who Has Cheap Jersey City Car Insurance Rates for Single Moms? (FAQ)
• How Much is Jersey City Car Insurance for a Learners Permit? (FAQ)
• When is the Right Time to Switch Car Insurance Companies? (Allstate)
• Smart Auto Insurance Tips (Insurance Information Institute)
• New vehicle ratings focus on headlights (Insurance Institute for Highway Safety)