How to Compare Jersey City Ford Transit Connect Insurance

It goes without saying that auto insurance companies don’t want you shop around. Drivers who shop around for the cheapest price will most likely switch to a new company because there is a good probability of finding a more affordable policy. A study discovered that people who compared price quotes annually saved on average $70 a month compared to drivers who never shopped around.

If saving money on car insurance in Jersey City is your goal, then knowing how to quote and compare insurance coverage can save money and time.

If saving the most money is your goal, then the best way to get more affordable Ford Transit Connect insurance in Jersey City is to regularly compare quotes from insurers in New Jersey. This can be done by following these guidelines.

1. Read and learn about what is in your policy and the measures you can take to keep rates in check. Many factors that result in higher rates such as careless driving and a less-than-favorable credit score can be amended by making small lifestyle or driving habit changes.
2. Compare rates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give prices from a single company like Progressive or Farmers Insurance, while agents who are independent can give you price quotes from multiple insurance companies.
3. Compare the new rate quotes to your current policy premium to see if you can save by switching companies. If you find better rates and decide to switch, make sure there is no lapse in coverage.

One key aspect when comparing rates is that you use similar limits and deductibles on each price quote and and to compare all possible companies. Doing this ensures an accurate price comparison and and a good selection of different prices.

When quoting auto insurance, remember that comparing more rates from different companies increases your odds of finding the best offered rates.

The companies shown below are ready to provide price comparisons in New Jersey. In order to find the cheapest auto insurance in New Jersey, it’s highly recommended you visit as many as you can to find the lowest auto insurance rates.

Ford Transit Connect insurance coverage information

The rate information shown below outlines detailed analysis of rate quotes for Ford Transit Connect models. Understanding more about how insurance policy rates are determined is important for making smart choices when choosing a car insurance company.

Cost estimates assume married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and New Jersey minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Price information does not factor in specific location information which can influence price quotes significantly.

Higher deductibles save money

One common question asked by Jersey City drivers is how high should your deductibles be. The data tables below sum up the premium difference of buying low and high policy deductibles. The first rate estimation uses a $100 physical damage deductible and the second set of rates uses a $500 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Information does not factor in Jersey City location which can decrease or increase rates greatly.

We can derive from the above data that using a $100 deductible will cost in the ballpark of $31 more each month or $372 a year across all Ford Transit Connect models than buying the higher $500 deductible. Due to the fact that you would have to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you normally average at a minimum 13 months between claim filings, you would probably be better off if you opt for a higher deductible.

Ford Transit Connect insurance rates: Men versus women

The information below compares Ford Transit Connect insurance premiums for male and female drivers. The premiums assume no accidents or driving violations, comp and collision included, $500 deductibles, marital status is single, and no additional discounts are factored in.

Liability only or full coverage

The example below shows the comparison of Ford Transit Connect premium costs with full physical damage coverage compared to only buying the minimum liability limits required in New Jersey. Data assumes no accidents, no driving violations, $100 deductibles, drivers are single, and no discounts are applied.

Are you wasting money on full coverage?

There is no specific rule to delete comprehensive and collision coverage on your policy, but there is a general guideline. If the yearly cost for physical damage coverage is more than 10% of any settlement you would receive from your insurance company, then you may need to consider dropping full coverage.

For example, let’s assume your Ford Transit Connect settlement value is $5,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $4,000 after you pay the deductible. If you are paying over $400 annually for your policy with full coverage, then it may be the right time to buy liability only.

There are some scenarios where dropping full coverage is not advised. If you still have a lienholder on your title, you have to maintain full coverage to satisfy the loan requirements. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should keep full coverage in place.

Cheaper rates by earning discounts

Companies offering auto insurance don’t necessarily list every possible discount in a way that’s easy to find, so here is a list a few of the more common and also the lesser-known credits available to lower your premiums when you buy Jersey City car insurance online.

• Passive Restraints – Cars that have air bags may earn rate discounts of up to 25% or more.
• 55 and Retired – Older drivers may qualify for lower premium rates.
• Club Memberships – Belonging to a civic or occupational organization in Jersey City can get you a small discount on insurance.
• Good Students Pay Less – Being a good student can be rewarded with saving of up to 25%. The good student discount can last well after school through age 25.
• Cautious Drivers – Insureds without accidents can save as much as half off their rates as compared to drivers with claims.
• Anti-theft Discount – Cars that have factory anti-theft systems are stolen with less frequency and that can save you a little bit as well.
• Save with More Vehicles Insured – Having more than one vehicle on the same insurance policy could earn a price break for each car.
• ABS Braking Discount – Anti-lock brake equipped vehicles are much safer to drive so you can save 10 percent or more.
• Employee of Federal Government – Employees or retirees of the government can earn a discount up to 10% depending on your insurance provider.

As a disclaimer on discounts, most credits do not apply to your bottom line cost. The majority will only reduce specific coverage prices like liability, collision or medical payments. So when it seems like all those discounts means the company will pay you, insurance companies aren’t that generous.

The information below compares Ford Transit Connect premium costs with and without discounts applied to the premium. The price estimates are based on a female driver, no claims or violations, New Jersey state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, claim-free, homeowner, multi-car, and safe-driver discounts applied.

A few popular companies and some of their more popular discounts are included below.

• Esurance may offer discounts for Pac-12 alumni, renters, online quote, Switch & Save, good driver, and online shopper.
• The Hartford discounts include vehicle fuel type, anti-theft, defensive driver, driver training, and air bag.
• AAA may include discounts for education and occupation, AAA membership discount, multi-car, good driver, and anti-theft.
• GEICO may have discounts that include good student, seat belt use, anti-theft, military active duty, defensive driver, federal employee, and multi-policy.
• State Farm has discounts for anti-theft, passive restraint, student away at school, accident-free, and safe vehicle.

Before you buy a policy, ask every company how you can save money. All car insurance discounts might not apply in every state. To see a list of insurers that offer discounts in Jersey City, click here to view.

It may be expensive, but it’s not optional

Even though it can be expensive, insurance may be required and benefits you in several ways.

• Almost all states have minimum liability requirements which means you are required to carry a minimum amount of liability coverage in order to drive the car 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 you took out a loan on your Transit Connect, most lenders will force you to buy full coverage to protect their interest in the vehicle. If coverage lapses or is canceled, the lender will be forced to insure your Ford at a significantly higher premium and require you to pay for it.
• Insurance protects both your car and your assets. It will also reimburse you for many types of medical costs for both you and anyone you injure as the result of an accident. Liability insurance, one of your policy coverages, will also pay for a defense attorney if you are named as a defendant in an auto accident. If mother nature or an accident damages your car, your policy will cover the repair costs.

The benefits of carrying enough insurance definitely exceed the cost, particularly for liability claims. An average driver in America overpays as much as $800 each year so we recommend shopping around at least once a year to save money.

Best car insurance in New Jersey

Finding a high-quality car insurance provider is hard considering how many choices there are in New Jersey. The ranking data listed below may help you choose which auto insurers you want to consider purchasing a policy from.

Top 10 Jersey City Car Insurance Companies by A.M. Best Rank

1. GEICO – A++
2. Travelers – A++
3. State Farm – A++
4. USAA – A++
5. Allstate – A+
6. Nationwide – A+
7. Mercury Insurance – A+
8. Progressive – A+
9. The Hartford – A+
10. Esurance – A+

Top 10 Jersey City Car Insurance Companies Ranked by Customer Service

1. Mercury Insurance
2. The Hartford
3. American Family
4. Progressive
5. GEICO
6. USAA
7. State Farm
8. Travelers
9. Farmers Insurance
10. Allstate

How to know if you need help

Always remember that when buying insurance from an agent or online, there really isn’t a best way to insure your cars. Your needs are not the same as everyone else’s so your insurance should reflect that
For instance, these questions may help you determine whether or not you will benefit from professional help.

• Can I afford to pay high deductible claims out of pocket?
• When should I buy a commercial auto policy?
• Am I covered if I back into my garage door?
• Do I benefit by insuring my home with the same company?
• What is PIP insurance?
• Is my camper covered by my car insurance policy?

If you can’t answer these questions, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Do I need a local insurance agent?

A small number of people would rather buy from a local agent and that is just fine! A good thing about getting online price quotes is the fact that drivers can get cheaper prices and still have an agent to talk to. Supporting local agencies is important particularly in Jersey City.

By using this quick form, the quote information is sent to companies in Jersey City that can give you free Jersey City car insurance quotes for your auto insurance coverage. It makes it easy because there is no need to contact any insurance agencies since rate quotes are delivered to you. Get lower rates and an insurance agent to talk to. If for some reason you want to get a rate quote for a specific company, don’t hesitate to jump over to their website and fill out their quote form.

If you want a reliable agent, it can be helpful to understand the types of insurance agents and how they work. Agencies in Jersey City are categorized either independent or exclusive depending on the company they work for.

Independent Insurance Agents

Independent agencies are not locked into one company and that enables them to quote your coverage with multiple insurance companies enabling the ability to shop coverage around. If your premiums go up, they simply move your policy to a different company which is easy for the insured.

When comparison shopping, we highly recommend that you include at a minimum one independent agency in order to have the best price comparison.

Shown below is a small list of independent insurance agents in Jersey City that can give you free price quotes.

View more agents

Exclusive Agencies

Agents of this type can only write with one company such as Allstate, Farmers Insurance, State Farm, and AAA. Exclusive agents cannot compare other company’s rates so they are skilled at selling on more than just price. They are highly trained on their company’s products which helps them compete with independent agents.

Shown below is a short list of exclusive insurance agents in Jersey City willing to provide comparison quotes.

View more agents

Picking the best insurance agency shouldn’t rely on just a cheap price. Agents should be asked these questions:

• Will you work with the agent or an assistant?
• Can you use your own choice of collision repair facility?
• Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
• Do they make recommendations based only on price?
• Can they give you a list of client referrals?
• Are they actively involved in the community?
• If they are an independent agency in Jersey City, which companies do they recommend?
• How long has the business existed?

After getting good answers to any questions you may have and locked in a price quote, it’s a good possibility that you have found an insurance agent that meets the criteria to properly service your auto insurance policy. But remember, it’s your policy and you can terminate coverage whenever you choose to so never feel that you are obligated to a specific agent indefinitely.