It takes a little time, but the best way to find more affordable Ford Flex insurance in Jersey City is to make a habit of comparing prices annually from providers in New Jersey. You can compare prices by following these steps.
Step 1: Read about how insurance companies determine prices and the factors you can control to keep rates down. Many risk factors that cause rate increases such as speeding tickets, accidents and a bad credit rating can be controlled by making minor driving habit or lifestyle changes. Read the full article for more details to get better rates and earn a bigger discount.
Step 2: Get rate quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only provide price estimates from one company like GEICO or State Farm, while independent agents can give you price quotes from many different companies. Compare rates
Step 3: Compare the price quotes to your current policy premium to see if you can save by switching companies. If you can save money, make sure there is no lapse between the expiration of your current policy and the new one.
Step 4: Give proper notification to your current agent or company to cancel your current coverage and submit payment and a completed application to the newly selected company. Once coverage is bound, put the certificate verifying proof of insurance in an easily accessible location.
One thing to remember is to make sure you’re comparing the same amount of coverage on every quote request and and to get rates from as many different insurance providers as possible. This ensures a fair price comparison and the best price quote selection.
It’s safe to conclude that car insurance companies don’t want you shop around. Insureds who compare price quotes are highly likely to switch auto insurance companies because there is a good probability of finding a cheaper policy. A recent study showed that consumers who make a habit of shopping around saved as much as $860 a year as compared to drivers who didn’t regularly shop around.
If finding budget-friendly rates on Ford Flex insurance in Jersey City is your objective, knowing the best ways to find and compare insurance rates can help make the process easier.
Ford Flex insurance quotes comparison
To get cheaper Jersey City auto insurance quotes, there a variety of ways to compare rate quotes from car insurance companies in your area. The easiest way by far to find affordable Ford Flex insurance rates is simply to get online rate quotes.
When price shopping your coverage, comparing more prices will enable you to find lower pricing. Some regional insurers cannot provide Jersey City Flex insurance quotes over the internet, so it’s necessary to compare price estimates from them, too.
The following companies are our best choices to provide comparison quotes in Jersey City, NJ. If multiple companies are listed, we suggest you visit as many as you can in order to find the most competitive rates.
Rates and statistics
The data table displayed below showcases estimates of prices for Ford Flex models. Learning a little about how rates are figured can assist in making smart choices when buying a policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Flex SE 2WD||$222||$386||$504||$30||$152||$1,294||$108|
|Flex SEL 2WD||$222||$454||$504||$30||$152||$1,362||$114|
|Flex SEL AWD||$248||$454||$504||$30||$152||$1,388||$116|
|Flex Limited 2WD||$248||$454||$504||$30||$152||$1,388||$116|
|Flex Limited AWD||$248||$454||$504||$30||$152||$1,388||$116|
|Get Your Own Custom Quote Go|
Data variables include married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and New Jersey minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Estimates do not factor in specific location information which can impact coverage prices greatly.
The information below shows how choosing a deductible and can impact Ford Flex yearly insurance costs for each different age category. The premiums are based on a married female driver, comp and collision included, and no other discounts are factored in.
Does it make sense to buy full coverage?
The chart below visualizes the comparison of Ford Flex car insurance rates with and without full coverage. The costs are based on no claims, a clean driving record, $250 deductibles, drivers are not married, and no discounts are applied.
Should you be buying full coverage?
There is no set guideline to eliminate comp and collision coverage, but there is a general guideline. If the yearly cost of full coverage is more than around 10% of replacement cost minus your deductible, then it may be the right time to buy liability only.
For example, let’s assume your Ford Flex settlement value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, you would only receive $4,000 after paying your policy deductible. If it’s costing in excess of $400 a year for full coverage, then you may want to consider only buying liability coverage.
There are some circumstances where dropping physical damage coverage is not a good idea. If you still have a lienholder on your title, you have to keep full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle if your current one is damaged, you should not remove full coverage.
Three main reasons to buy auto insurance
Despite the high cost, paying for auto insurance serves a purpose in several ways.
- Just about all states have mandatory insurance requirements which means you are required to buy a specific level of liability coverage if you want to drive legally. 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 Ford Flex has a lienholder, it’s most likely the lender will stipulate that you have comprehensive coverage to guarantee their interest in the vehicle. If you let the policy lapse, the bank may buy a policy for your Ford for a lot more money and force you to reimburse them much more than you were paying before.
- Auto insurance preserves both your assets and your vehicle. It will also pay for medical transport and hospital expenses for both you and anyone you injure as the result of an accident. Liability coverage also pays for attorney fees and expenses if anyone sues you for causing an accident. If your Ford gets damaged, your policy will pay all costs to repair after the deductible has been paid.
The benefits of carrying adequate insurance greatly outweigh the cost, especially if you ever need it. But the average American driver is currently overpaying as much as $850 per year so you should quote and compare rates each time the policy renews to ensure rates are competitive.
Lower rates by qualifying for these six discounts
The cost of insuring your cars can be expensive, but there are discounts available that can dramatically reduce your bill. Some trigger automatically at the time of quoting, but some may not be applied and must be asked for prior to getting the savings.
- Distant Student Discount – Kids living away from Jersey City attending college and do not have access to a covered vehicle may be insured at a cheaper rate.
- Claim-Free Discount – Drivers who don’t have accidents get the best car insurance rates in comparison with drivers with a long claim history.
- Military Rewards – Having a family member in the military could be rewarded with lower premium rates.
- New Car Discount – Buying a new car instead of a used Flex may earn a small discount because newer vehicles have to meet stringent safety requirements.
- Driver Education Discount – Reduce the cost of insurance for teen drivers by having them successfully take a driver’s education course as it can save substantially.
- No Charge for an Accident – This isn’t a discount exactly, but a handful of insurance companies allow you one accident without the usual rate increase with the catch being you have to be claim-free before the accident.
Drivers should understand that most credits do not apply to the entire cost. Most only reduce the cost of specific coverages such as medical payments or collision. Just because you may think all those discounts means the company will pay you, you’re out of luck.
The diagram below shows the difference between Ford Flex car insurance rates with and without discounts being applied to the rates. The rates are based on a male driver, a clean driving record, no at-fault accidents, New Jersey state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, claim-free, marriage, homeowner, and multi-car discounts applied.
A list of companies and a partial list of their discounts are included below.
- Progressive discounts include multi-policy, good student, continuous coverage, homeowner, multi-vehicle, online signing, and online quote discount.
- GEICO includes discounts for air bags, five-year accident-free, defensive driver, multi-policy, and driver training.
- State Farm offers discounts for multiple policy, Drive Safe & Save, safe vehicle, anti-theft, and good student.
- Esurance may have discounts that include claim free, anti-theft, safety device, renters, and emergency road assistance.
- The Hartford offers discounts including bundle, driver training, air bag, defensive driver, good student, and vehicle fuel type.
If you need lower rates, check with all the companies to give you their best rates. A few discounts may not be offered in your state.
Don’t assume everyone needs the same car insurance coverage
When quoting and choosing a policy, there really is no perfect coverage plan. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply.
For instance, these questions can aid in determining whether your personal situation could use an agent’s help.
- Am I covered when driving in Canada or Mexico?
- Does my personal policy cover me when driving out-of-state?
- Can I insure my car for more than it’s worth?
- How do I insure my teen driver?
- What are the liability requirements in my state?
- When would I need additional glass coverage?
- Am I insured when driving a different vehicle?
- What is an umbrella policy?
- What discounts do I qualify for?
- Does my insurance cover a custom paint job?
If you don’t know the answers to these questions but you know they apply to you, you might consider talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.
Insurance quotes from neighborhood Jersey City auto insurance agents
Many drivers still prefer to talk to a local agent and that is a smart decision The biggest benefit of getting online price quotes is you may find cheaper car insurance rates and also buy local. And providing support for small agencies is especially important in Jersey City.
To help locate an agent, after submitting this short form, the coverage information is instantly submitted to participating agents in Jersey City who can give free rate quotes for your insurance coverage. It’s much easier because you don’t need to drive around as quotes are delivered immediately to your email address. You’ll get the best rates without requiring a lot of work. If you wish to get a comparison quote from a specific company, you just need to go to their quote page and fill out the quote form the provide.
When finding local Jersey City agents, you should know the different types of agents and how they are distinctly different. Agents in Jersey City can be described as either independent agents or exclusive agents.
Independent Insurance Agents (or Brokers)
Independent agents do not sell for just one brand and that enables them to quote your coverage with an assortment of companies and find you the best rates. To move your coverage to a new company, your agent can just switch to a different company and that require little work on your part.
When comparison shopping, you will want to get several quotes from several independent insurance agents to have the most options to choose from. Most independent agents also contract with small mutual carriers that can offer cheaper rates than bigger companies.
Below is a small list of independent insurance agencies in Jersey City that can give you comparison quotes.
- GIM Agency Services Inc
263 Central Ave – Jersey City, NJ 07307 – (201) 792-4188 – View Map
- Petrocci Agency
1674 John F. Kennedy Blvd # A – Jersey City, NJ 07305 – (201) 434-4760 – View Map
- Diaz Insurance Agency
815 Bergenline Ave – Union City, NJ 07087 – (201) 348-1288 – View Map
Exclusive Insurance Agents
Agents of this type work for only one company like American Family, State Farm, and Allstate. These agents are unable to shop your coverage around so you might not find the best rates. Exclusive agents are trained well on sales techniques which helps overcome the inability to quote other rates. Some people will only buy from exclusive agents mainly due to the prominence of the brand rather than having the cheapest rates.
Below is a short list of exclusive insurance agencies in Jersey City willing to provide price quotes.
- Tawanda Jackson – State Farm Insurance Agent
688 NJ-440 – Jersey City, NJ 07305 – (201) 209-0290 – View Map
- Hemant Jiwnani – State Farm Insurance Agent
2770 John F Kennedy Blvd, FL-1 – Jersey City, NJ 07306 – (201) 653-1770 – View Map
- Allstate Insurance: Emad Soliman
844 Bergen Ave – Jersey City, NJ 07306 – (201) 332-6999 – View Map
Selecting a insurance agent requires more thought than just a cheap price quote. Below are some questions you should ask.
- Do they offer claims assistance after hours?
- Do they get extra compensation for selling add-on coverages?
- How often do they review policy coverages?
- How long has their agency been in business in Jersey City?
- Can you get a list of referrals?
- How experienced are they in personal risk management?
After receiving good responses as well as low cost Ford Flex insurance quotes, you may have just found an insurance agency that is a good match to provide insurance coverage.
Auto insurance coverages
Learning about specific coverages of your auto insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. Policy terminology can be difficult to understand and coverage can change by endorsement. Listed below are the normal coverages offered by auto insurance companies.
Liability – This coverage protects you from damages or injuries you inflict on people or other property that is your fault. It protects YOU against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.
Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 15/30/5 which means $15,000 bodily injury coverage, a limit of $30,000 in injury protection per accident, and property damage coverage for $5,000. Some companies may use a combined limit which combines the three limits into one amount without having the split limit caps.
Liability coverage protects against things like repair costs for stationary objects, structural damage, medical expenses and pain and suffering. How much coverage you buy is your choice, but you should buy as high a limit as you can afford. New Jersey requires minimum liability limits of 15/30/5 but drivers should carry more coverage.
The chart below shows why low liability limits may not be adequate coverage.
Medical payments and PIP coverage – Med pay and PIP coverage reimburse you for immediate expenses like EMT expenses, pain medications and funeral costs. They are utilized in addition to your health insurance plan or if you lack health insurance entirely. They cover both the driver and occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage
Comprehensive auto coverage – This pays for damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage protects against things like fire damage, a broken windshield, damage from getting keyed, hitting a bird and damage from a tornado or hurricane. The highest amount a auto insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. Covered claims include injuries to you and your family and damage to your Ford Flex.
Because many people only purchase the least amount of liability that is required (15/30/5 in New Jersey), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally these coverages do not exceed the liability coverage limits.
Collision coverage – Collision coverage pays for damage to your Flex resulting from a collision with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage pays for claims such as damaging your car on a curb, scraping a guard rail, crashing into a building, sustaining damage from a pot hole and sideswiping another vehicle. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Another option is to choose a higher deductible on your Flex to get cheaper collision coverage.
Jersey City car insurance company ratings
Buying coverage from the right insurance provider is difficult considering how many companies are available to choose from in Jersey City. The rank data shown below could help you decide which coverage providers to look at shopping prices with.
Top 10 Jersey City Car Insurance Companies by A.M. Best Rank
- GEICO – A++
- Travelers – A++
- State Farm – A++
- USAA – A++
- Allstate – A+
- Nationwide – A+
- Mercury Insurance – A+
- Progressive – A+
- The Hartford – A+
- Esurance – A+
Top 10 Jersey City Car Insurance Companies Ranked by Claims Service
- Liberty Mutual
- State Farm
- 21st Century
- The Hartford
- Farmers Insurance
Cheap car insurance premiums are possible
While you’re price shopping online, don’t be tempted to skimp on coverage in order to save money. There are too many instances where someone sacrificed uninsured motorist or liability limits and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your objective should be to find the BEST coverage at the best possible price, but do not sacrifice coverage to save money.
We just covered a lot of techniques to reduce Ford Flex insurance rates online in Jersey City. The key concept to understand is the more rate comparisons you have, the better likelihood of getting affordable Ford Flex insurance quotes. You may even be surprised to find that the lowest rates come from the smaller companies. These smaller insurers may cover specific market segments cheaper than their larger competitors like State Farm or Progressive.
For more information, feel free to visit the articles below:
- Teen Driving and Texting (State Farm)
- How Much are Auto Insurance Quotes for Drivers Under 25 in Jersey City? (FAQ)
- How Much is Auto Insurance for a Hyundai Elantra in Jersey City? (FAQ)
- Who Has the Cheapest Jersey City Auto Insurance Rates for First-time Drivers? (FAQ)
- How Much is Jersey City Auto Insurance for a Chevrolet Silverado? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for Young Drivers in Jersey City? (FAQ)
- Who Has Cheap Jersey City Car Insurance Rates for Single Moms? (FAQ)
- How Much Auto Coverage do I Need? (Insurance Information Institute)
- Automakers compete to add autobraking (Insurance Institute for Highway Safety)