Smart shoppers know that car insurance companies don’t want you shop around. People who compare price quotes are highly likely to buy a different policy because there is a high probability of finding more affordable rates. Surprisingly, a recent survey revealed that people who routinely compared quotes saved over $3,500 over four years as compared to drivers who never shopped around for cheaper prices.
If finding discount rates on auto insurance is your goal, then learning a little about the best ways to shop for insurance coverage can help you be more efficient.
If saving the most money is your goal, then the best way to find the cheapest price for Cadillac XLR insurance is to annually compare prices from different companies in Jersey City.
- It will benefit you to learn about policy coverages and the things you can change to prevent expensive coverage. Many things that result in higher prices such as at-fault accidents, speeding tickets, and a not-so-good credit history can be eliminated by paying attention to minor details. Keep reading for ideas to prevent expensive rate increases and get bigger discounts.
- Request price quotes from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only provide price estimates from one company like GEICO and State Farm, while independent agencies can quote prices for a wide range of companies. View insurance agents
- Compare the new quotes to your current policy premium and see if you can save money. If you find a lower rate quote and make a switch, make sure coverage is continuous and does not lapse.
- Give notification to your current company to cancel the current policy. Submit the signed application along with the required initial payment to your new company or agent. Immediately store the certificate verifying coverage with your vehicle’s registration.
One thing to point out is to make sure you’re comparing the same amount of coverage on every quote and and to get quotes from every company you can. This guarantees an accurate price comparison and the best rate selection.
If you have insurance now or are looking for a new policy, use these cost-cutting techniques to save money while maximizing coverage. This article will help educate you on the best ways to compare prices and how you can save the most money. Comparison shoppers just need to know the quickest way to get comparison quotes from many different companies.
Reducing your insurance rates doesn’t have to be difficult. All that’s required is to spend a little time comparing price quotes provided by online insurance companies.
The following companies are ready to provide price quotes in New Jersey. To get the best cheap auto insurance in Jersey City, we suggest you compare several of them to get the best price comparison.
Determine discounts to get cheap Jersey City car insurance quotes
Car insurance companies do not advertise every discount available very well, so the list below gives a summary of some of the best known as well as some of the hidden savings tricks you should be using when you buy Jersey City auto insurance online. If you do not double check each discount possible, you are just wasting money.
- Seat Belt Discounts – Drivers who always wear seat belts and also require passengers to fasten their seat belts could cut 10% or more off the PIP or medical payment premium.
- Discount for Passive Restraints – Vehicles equipped with air bags or motorized seat belts can get savings of up to 25% or more.
- Discounts for Good Drivers – Accident-free drivers may save up to 50% more than drivers with accident claims.
- Payment Method – By making one initial payment as opposed to paying monthly you can avoid the installment charge.
- Early Switch Discount – Some insurance companies provide a discount for switching to them prior to the expiration date on your current XLR insurance policy. This discount can save up to 10%.
Consumers should know that most credits do not apply to all coverage premiums. Some only reduce individual premiums such as physical damage coverage or medical payments. Just because you may think all those discounts means the company will pay you, you aren’t that lucky. Any qualifying discounts will positively reduce your premiums.
Larger car insurance companies and some of the premium reductions they offer are shown below.
- State Farm discounts include accident-free, multiple policy, Steer Clear safe driver discount, defensive driving training, passive restraint, anti-theft, and student away at school.
- Progressive includes discounts for multi-policy, multi-vehicle, good student, online signing, and homeowner.
- Travelers may have discounts that include multi-policy, payment discounts, home ownership, good student, driver training, student away at school, and continuous insurance.
- American Family offers discounts for air bags, good student, TimeAway discount, good driver, early bird, multi-vehicle, and defensive driver.
- Liberty Mutual has discounts for new graduate, good student, preferred payment discount, newly married, and multi-policy.
It’s a good idea to ask every company which discounts can lower your rates. Some of the earlier mentioned discounts might not be offered in Jersey City. If you would like to choose from a list of companies that offer many of these discounts in New Jersey, click this link.
When to get advice from an insurance agency
Some people still prefer to buy from a licensed agent and there is nothing wrong with that. Professional insurance agents can help you build your policy and help you file claims. An additional benefit of comparing auto insurance online is you may find lower car insurance rates and still choose a local agent.
After filling out this simple form, your information gets sent to local insurance agents who want to provide quotes to get your business. It’s much easier because you don’t need to find an agent on your own because prices are sent instantly to you. If you want to compare rates from a specific auto insurance provider, don’t hesitate to go to their quote page and fill out the quote form the provide.
Picking the best insurance company requires more thought than just the premium amount. Here are some questions you should ask.
- Are all drivers listed on the coverage quote?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- Are aftermarket or OEM parts used to repair vehicles?
- Does the agent have a valid license to sell insurance in New Jersey?
- Do they have a Better Business Bureau rating in Jersey City?
- Is vehicle mileage a factor when determining depreciation for repairs?
- Do they specialize in personal lines coverage in Jersey City?
If you need to find a local insurance agency, it can be helpful to understand the types of agencies and how they function. Auto insurance agencies are categorized either independent (non-exclusive) or exclusive. Both sell auto insurance policies, but it’s worth learning how they are different because it can influence which agent you choose.
Exclusive Agents
These type of agents can only provide one company’s prices and some examples include Farmers Insurance, Allstate, or State Farm. Exclusive agents cannot provide rate quotes from other companies so they have to upsell other benefits. Exclusive insurance agents are well schooled on their products and sales techniques and that enables them to sell even at higher rates. Drivers often buy from exclusive agents mostly because of the prominent brand name instead of buying on price only.
Shown below are Jersey City exclusive insurance agencies willing to provide rate quotes.
- Hemant Jiwnani – State Farm Insurance Agent
2770 John F Kennedy Blvd, FL-1 – Jersey City, NJ 07306 – (201) 653-1770 – View Map - State Farm Insurance – Freddy Duran
1025 Summit Ave – Jersey City, NJ 07307 – (201) 604-3874 – View Map - Tawanda Jackson – State Farm Insurance Agent
688 NJ-440 – Jersey City, NJ 07305 – (201) 209-0290 – View Map
Independent Auto Insurance Agencies
Agents that elect to be independent are not employed by any specific company so they can quote policies through lots of different companies and possibly get better coverage at lower prices. If your agent finds better pricing, they simply move the coverage in-house which makes it simple for you. If you need cheaper auto insurance rates, we recommend you compare quotes from independent agents to ensure the widest selection of prices. Many independent agencies also insure through less well-known companies that may provide cheaper auto insurance rates.
Listed below are Jersey City independent insurance agents willing to provide price quotes.
- Diaz Insurance Agency
815 Bergenline Ave – Union City, NJ 07087 – (201) 348-1288 – View Map - All Insurance Services Inc
574 Newark Ave – Jersey City, NJ 07306 – (201) 963-8888 – View Map - Dieugrand Insurance
582 West Side Ave – Jersey City, NJ 07304 – (201) 209-1306 – View Map
You Can Change Your Insurance Prices
Part of the car insurance buying process is learning some of the factors that help calculate your policy premiums. When you know what positively or negatively determines base rates, this empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.
The following are some of the things companies use to determine your rates.
- Pay more for higher performance vehicles – The performance level of the car you are insuring makes a big difference in your rates. The lowest premiums will generally be found on lower cost passenger cars, but the cost you end up paying is determined by many additional factors.
- Car insurance rates and your job – Jobs like real estate brokers, business owners, and medical professionals generally pay higher premium rates due to intense work-related stress and lengthy work days. On the other hand, careers like scientists, students and retirees generally pay rates lower than average.
- How your age affects prices – Teen drivers in New Jersey are known to be less responsible when behind the wheel and because of this, their car insurance rates are much higher. Having to add a teen driver onto a policy can really hurt. Mature drivers are more cautious drivers, cost insurance companies less in claims, and usually have better credit.
- Credit rating impacts premium premiums – Having a bad credit history can be a huge factor in calculating your car insurance rates. So if your credit history can use some improvement, you could pay less to insure your Cadillac XLR by improving your credit score. Drivers who have high credit ratings tend to be better drivers and file fewer claims as compared to drivers with lower credit ratings.
- Where you live plays a part – Choosing to live in less populated areas has definite advantages when insuring your vehicles. People who live in big cities tend to have more road rage incidents and more severe claims. Fewer drivers and short commutes means a lower chance of having an accident as well as less vandalism and auto theft.
Insurance is an important decision
Despite the fact that insurance is not cheap in Jersey City, insurance is required in New Jersey but it also protects you in many ways.
- Just about all states have minimum liability requirements which means you are required to carry specific limits of liability in order to be legal. 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 your vehicle has a loan, it’s most likely the lender will have a requirement that you buy insurance to guarantee payment of the loan. If the policy lapses, the bank may buy a policy for your Cadillac at a more expensive rate and make you pay a much higher amount than you were paying before.
- Insurance preserves not only your Cadillac XLR but also your assets. It will also cover many types of medical costs for you, any passengers, and anyone injured in an accident. Liability coverage, the one required by state law, will also pay for a defense attorney if you are sued as the result of an accident. If damage is caused by hail or an accident, your insurance policy will pay to have it repaired.
The benefits of carrying adequate insurance definitely exceed the price paid, specifically if you ever have a liability claim. As of last year, the average driver in New Jersey is overpaying more than $750 every year so compare quotes from several companies every year to make sure the price is not too high.
How to find a good New Jersey car insurance company
Selecting the top insurer is difficult considering how many choices there are in New Jersey. The company rank data displayed below could help you select which car insurance providers to look at comparing prices from.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Mercury Insurance | 87 | 96 | 100 | 87% | A+ | 93.4 |
| The Hartford | 88 | 96 | 91 | 93% | A+ | 92.6 |
| Progressive | 84 | 94 | 99 | 90% | A+ | 92.4 |
| Travelers | 84 | 93 | 100 | 87% | A++ | 92.3 |
| State Farm | 84 | 93 | 95 | 87% | A++ | 91 |
| Farmers Insurance | 87 | 92 | 90 | 85% | A | 90.6 |
| Safeco Insurance | 85 | 91 | 87 | 86% | A | 88.4 |
| USAA | 71 | 93 | 98 | 87% | A++ | 88 |
| GEICO | 73 | 93 | 95 | 85% | A++ | 87.1 |
| 21st Century | 85 | 85 | 91 | 89% | A | 86.9 |
| Liberty Mutual | 72 | 91 | 97 | 83% | A | 86.4 |
| AAA Insurance | 85 | 85 | 88 | 86% | A | 85.8 |
| Nationwide | 71 | 90 | 93 | 83% | A+ | 84.9 |
| Allstate | 69 | 92 | 92 | 83% | A+ | 84.4 |
| American Family | 77 | 96 | 80 | 85% | A | 83.8 |
| Esurance | 70 | 80 | 89 | 77% | A+ | 79.2 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Do the work, save more money
We just presented a lot of techniques to shop for Cadillac XLR insurance online. It’s most important to understand that the more quotes you get, the better your comparison will be. You may even discover the lowest priced auto insurance comes from a company that doesn’t do a lot of advertising.
Insureds leave their current company for a variety of reasons including policy non-renewal, high rates after DUI convictions, extreme rates for teen drivers or even not issuing a premium refund. Regardless of your reason for switching companies, switching companies is not as hard as you think.
Some auto insurance companies don’t offer online price quotes and most of the time these smaller companies provide coverage only through local independent agents. Low-cost Cadillac XLR insurance in Jersey City is attainable from both online companies in addition to many Jersey City insurance agents, and you should compare price quotes from both so you have a total pricing picture.
Additional auto insurance information is located at these links:
- Protect Yourself Against Auto Theft (Insurance Information Institute)
- Who Has the Cheapest Car Insurance Quotes for Government Employees in Jersey City? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for Handicapped Drivers in Jersey City? (FAQ)
- Who Has the Cheapest Auto Insurance for a Ford Fusion in Jersey City? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for Drivers Requiring a SR22 in Jersey City? (FAQ)
- Tread Depth and Tire Safety (State Farm)
- A Tree Fell on Your Car: Now What? (Allstate)