Unbelievable but true according to a study the vast majority of auto insurance customers have bought auto insurance from the same company for a minimum of four years, and 38% of customers have never taken the time to shop around. Consumers in New Jersey can cut their rates by almost 40% a year by just comparing quotes, but they just don’t understand how much money they would save if they changed companies.
Truthfully, the best way to find lower priced auto insurance rates in Jersey City is to compare quotes once a year from different companies that insure vehicles in New Jersey. You can compare prices by following these steps.
First, try to understand what is in your policy and the things you can change to drop your rates. Many rating criteria that are responsible for high rates such as traffic citations and a less-than-favorable credit history can be remedied by improving your driving habits or financial responsibility. Continue reading for tips to lower rates and find discounts that you may qualify for.
Second, compare prices from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can give quotes from a single company like GEICO or State Farm, while independent agents can provide prices for a wide range of companies.
Third, compare the new quotes to your current policy and determine if cheaper Accent coverage is available. If you find a better price and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
A valuable tip to remember is that you’ll want to compare the same amount of coverage on every quote request and and to get price estimates from as many auto insurance providers as possible. Doing this ensures a fair rate comparison and and a good selection of different prices.
Cheap Jersey City car insurance quotes with discounts
Auto insurance companies do not list every possible discount in an easy-to-find place, so we break down a few of the more well known and also the lesser-known car insurance savings.
- Driver’s Ed – Make teen driver coverage more affordable by requiring them to complete a driver education course in school or through a local driver safety program.
- Defensive Driver Discount – Completing a class that teaches safe driver techniques can save you 5% or more and make you a better driver.
- Savings for New Vehicles – Putting coverage on a new Accent is cheaper since newer models are generally safer.
- 55 and Retired – Seniors can possibly qualify for a small decrease in premiums.
- Discount for Swiching Early – Some insurance companies give discounts for switching policies prior to the expiration date on your current Accent insurance policy. This discount can save up to 10%.
- Seat Belt Discounts – Using a seat belt and requiring all passengers to use a seat belt can save up to 10 percent (depending on the company) off the personal injury premium cost.
- Multi-line Discount – Some insurance carriers give better premium rates if you take out some life insurance too.
- Distant College Student Discount – College-age children who are enrolled in higher education away from home and do not have a car can receive lower rates.
A little disclaimer on discounts, some of the credits will not apply to the entire policy premium. Most cut the cost of specific coverages such as comp or med pay. So even though it sounds like you would end up receiving a 100% discount, that’s just not realistic.
The diagram below shows the comparison of Hyundai Accent auto insurance costs with and without discounts applied. The price estimates are based on a male driver, a clean driving record, no claims, New Jersey state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, multi-policy, marriage, multi-car, and claim-free discounts applied.
A list of companies and some of their more popular discounts are detailed below.
- American Family policyholders can earn discounts including air bags, good driver, mySafetyValet, accident-free, multi-vehicle, good student, and bundled insurance.
- Farm Bureau offers premium reductions for good student, multi-vehicle, safe driver, driver training, renewal discount, and multi-policy.
- State Farm may include discounts for driver’s education, multiple autos, good driver, accident-free, Drive Safe & Save, and anti-theft.
- Travelers discounts include IntelliDrive, multi-car, hybrid/electric vehicle, home ownership, and multi-policy.
- The Hartford has savings for driver training, bundle, good student, vehicle fuel type, anti-theft, and air bag.
- GEICO offers discounts including driver training, emergency military deployment, military active duty, five-year accident-free, air bags, federal employee, and multi-vehicle.
- Progressive has discounts for continuous coverage, multi-policy, online signing, good student, online quote discount, multi-vehicle, and homeowner.
When quoting, ask each company how you can save money. Savings may not apply in Jersey City. To locate insurers who offer cheap Hyundai Accent insurance quotes in New Jersey, follow this link.
The best way we recommend to compare policy rates for Hyundai Accent insurance in Jersey City is to know the fact most of the bigger providers allow for online access to quote your coverage. All consumers are required to do is provide a small amount of information such as whether the vehicles are used for commuting, daily mileage, which vehicles you own, and if you require a SR-22. That rating data is automatically sent to multiple different insurance companies and they return cost estimate immediately.
To find the cheapest Hyundai Accent insurance rates, click here then complete the form.
The following companies have been selected to offer free rate quotes in New Jersey. If multiple companies are listed, it’s highly recommended you click on several of them to find the lowest auto insurance rates.
Rates and statistics
The price information shown below covers detailed analysis of insurance policy prices for Hyundai Accent models. Learning more about how policy premiums are calculated can aid in making smart buying decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Accent Blue 2-Dr Hatchback | $192 | $406 | $428 | $26 | $128 | $1,180 | $98 |
| Accent GS 2-Dr Hatchback | $226 | $494 | $428 | $26 | $128 | $1,302 | $109 |
| Accent GLS 4-Dr Sedan | $226 | $582 | $570 | $34 | $170 | $1,582 | $132 |
| Accent SE 2-Dr Hatchback | $260 | $670 | $428 | $26 | $128 | $1,512 | $126 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and New Jersey minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Rate information does not factor in the specific area where the vehicle is garaged which can alter rates noticeably.
Physical damage deductible comparison
One of the most common insurance questions is how high should your deductibles be. The data tables below can help show the differences in premium rates when you buy lower versus higher coverage deductibles. The first rate estimation uses a $250 comprehensive and collision deductible and the second price table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Accent Blue 2-Dr Hatchback | $276 | $514 | $408 | $24 | $122 | $1,369 | $114 |
| Accent GS 2-Dr Hatchback | $324 | $626 | $408 | $24 | $122 | $1,529 | $127 |
| Accent GLS 4-Dr Sedan | $324 | $738 | $544 | $32 | $162 | $1,825 | $152 |
| Accent SE 2-Dr Hatchback | $372 | $848 | $408 | $24 | $122 | $1,799 | $150 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Accent Blue 2-Dr Hatchback | $170 | $324 | $408 | $24 | $122 | $1,048 | $87 |
| Accent GS 2-Dr Hatchback | $200 | $394 | $408 | $24 | $122 | $1,148 | $96 |
| Accent GLS 4-Dr Sedan | $200 | $464 | $544 | $32 | $162 | $1,402 | $117 |
| Accent SE 2-Dr Hatchback | $230 | $534 | $408 | $24 | $122 | $1,318 | $110 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Rate quotes do not factor in specific garaging location which can change prices greatly.
Based on the above data, using a $250 deductible would cost the average driver about $33 more each month or $396 every year averaged for all Accent models than requesting the higher $1,000 deductible. Since you would pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to go at least 23 months between claims, you would more than likely save some money if you choose a higher deductible.
The diagram below demonstrates how deductibles and can change Hyundai Accent insurance premiums for different insured age categories. The price estimates are based on a married female driver, full physical damage coverage, and no discounts are applied.
Cost of full coverage in Jersey City
The chart below visualizes the comparison of Hyundai Accent auto insurance costs with full physical damage coverage and with liability coverage only. The rates are based on a clean driving record, no claims, $100 deductibles, marital status is single, and no discounts are factored in.
Should you pay for full coverage?
There isn’t a written rule of when to exclude comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the annual cost of coverage is more than about 10% of the settlement you would receive from your company, then you might want to consider buying only liability coverage.
For example, let’s assume your Hyundai Accent replacement value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most you would receive is $3,000 after you pay the deductible. If premium cost is more than $300 a year for comprehensive and collision coverage, then it could be time to drop full coverage.
There are some scenarios where dropping physical damage coverage is not financially feasible. If you still have a lienholder on your title, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you can’t afford to buy a different vehicle if your current one is damaged, you should not eliminate full coverage.
There’s no such thing as the perfect auto insurance policy
Always keep in mind that when comparing the right insurance coverage, there is no perfect coverage plan. Everyone’s situation is unique and your auto insurance should unique, too.
For example, these questions may help you determine if your situation will benefit from professional help.
- When do I need to add a new car to my policy?
- Should I buy more coverage than the required New Jersey minimum liability coverage?
- How much can I save by bundling my policies?
- What if an uninsured driver hits me?
- Can I cancel at any time?
- Is my teenager covered with friends in the car?
- How can I get high-risk coverage after a DUI?
- Can I get a multi-policy discount?
- Are my custom wheels covered?
If you’re not sure about those questions, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies.
Shop online but buy locally
Certain consumers still like to sit down and talk to an agent and that is a smart decision One of the benefits of comparing rate quotes online is the fact that drivers can get cheaper prices but also keep your business local.
To make it easy to find an agent, after completing this quick form, your insurance data is transmitted to companies in Jersey City who will give you quotes to get your business. You don’t have to contact an agency since rate quotes are delivered immediately to your email address. You’ll get the best rates and a licensed agent to talk to. If you need to compare prices from a specific company, just visit that company’s website to submit a rate quote request.
Choosing an insurer requires you to look at more than just a cheap price quote. Any agent in Jersey City should be forthright in answering these questions:
- Which company do they place the most coverage with?
- How much will you save each year by using a higher deductible?
- Are claims handled at the agent’s location?
- Do the companies they represent have a solid financial rating?
- Can you get a list of referrals?
- Is insurance their full-time profession?
- Has the agent ever had any license suspensions?
If you are wanting to purchase auto insurance from a local insurance agency, it helps to know the two different types of agencies and how they can service your needs differently. Agents in Jersey City can be classified as either exclusive or independent agents depending on their company appointments.
Exclusive Auto Insurance Agencies
Agents of this type can only write with one company such as Farmers Insurance and State Farm. Exclusive agents are unable to provide other company’s prices so they have to upsell other benefits. Exclusive insurance agents receive extensive training on their company’s products which helps them sell on service rather than price. Some people will only choose to use a exclusive agent partially due to loyalty to the company and strong financial ratings.
Below is a list of exclusive insurance agencies in Jersey City willing to provide rate quotes.
- Farmers Insurance – Karima Panjwani
591 Summit Ave – Jersey City, NJ 07306 – (201) 793-7525 – View Map - Alberto Santana – State Farm Insurance Agent
1755 John F. Kennedy Blvd – Jersey City, NJ 07305 – (201) 332-3344 – View Map - Allstate Insurance: Emad Soliman
844 Bergen Ave – Jersey City, NJ 07306 – (201) 332-6999 – View Map
Independent Agents
Agents that elect to be independent do not work for one specific company so as a result can place your coverage with many different companies and find you cheaper rates. If premiums increase, your policy is moved internally without you having to go to a different agency. When comparing rate quotes, you absolutely need to compare quotes from a few independent agents so that you have a good selection of quotes to compare. Most can insure with less well-known companies who may have lower rates.
Listed below is a list of independent insurance agencies in Jersey City willing to provide rate quotes.
- JFK Insurance Agency
746 Bergen Ave – Jersey City, NJ 07306 – (908) 425-1544 – View Map - Preferred Choice Insurance Agency
225 Newark Ave – Jersey City, NJ 07302 – (201) 616-7644 – View Map - Coe Insurance
2330 John F. Kennedy Blvd – Jersey City, NJ 07304 – (201) 435-4300 – View Map
If you get positive responses to these questions as well as a affordable price, chances are good that you have found an insurance agency that can properly service your auto insurance policy.
In Summary
As you prepare to switch companies, don’t be tempted to buy poor coverage just to save money. In many cases, consumers will sacrifice full coverage only to find out that they should have had better coverage. The aim is to buy the best coverage you can find for the lowest cost, but don’t skip important coverages to save money.
We just presented a lot of techniques to find cheap Hyundai Accent insurance in Jersey City. The key thing to remember is the more price quotes you have, the better your chances of lowering your car insurance rates. Consumers could even find that the best price on auto insurance is with a small mutual company. Some small companies can often insure niche markets at a lower cost than their larger competitors like Progressive or GEICO.
Cost effective Hyundai Accent insurance is possible from both online companies and from local agencies, so you should be comparing quotes from both to get a complete price analysis. There are still a few companies who may not offer the ability to get a quote online and usually these smaller companies prefer to sell through independent insurance agents.
For more information, take a look at the articles below:
- Auto Insurance Basics (Insurance Information Institute)
- Who Has Affordable Auto Insurance Quotes for Drivers Over Age 70 in Jersey City? (FAQ)
- Who Has Affordable Jersey City Car Insurance Rates for Business Use? (FAQ)
- What is the Cheapest Auto Insurance in Jersey City, New Jersey? (FAQ)
- Rental Reimbursement Coverage (Allstate)
- Choosing a Car for Your Teen (State Farm)