If you're shopping for more affordable insurance online, do you get confused by the dozens of car insurance companies in your area? Many other drivers are too. New Jersey people have such a large number of options that it can easily become a difficult mission to find a cheaper company. Everyone knows Jersey City is a wonderful place to live, but budgeting for expensive car insurance can make it nearly impossible for many drivers to affordably insure vehicles.
How to find cheaper rates for Jeep Liberty insurance in Jersey City
If you want to find the absolute lowest rates, then the best way to save money on auto insurance rates is to do a yearly price comparison from insurers that insure vehicles in Jersey City. Prices can be compared by completing these steps.
- Try to learn about coverages and the modifications you can make to keep rates low. Many policy risk factors that drive up the price such as accidents, traffic violations, and a substandard credit history can be improved by making minor changes to your lifestyle.
- Request price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only give rate quotes from a single company like GEICO and State Farm, while independent agencies can quote prices from many different companies.
- Compare the new quotes to the premium of your current policy and see if there is a cheaper rate in Jersey City. If you can save some money and decide to switch, ensure there is no coverage lapse between policies.
- Tell your current agent or company of your decision to cancel your current auto insurance policy. Submit payment and a completed application to your new company or agent. Once coverage is bound, place the new certificate of insurance somewhere easily accessible.
A good tip to remember is to make sure you're comparing similar deductibles and liability limits on each quote and and to get quotes from as many companies as you can. This ensures an apples-to-apples comparison and a thorough selection of prices.
It's safe to conclude that insurance companies want to keep you from comparing rates. People who shop around are very likely to switch car insurance companies because of the high probability of finding a more affordable policy. Surprisingly, a recent survey revealed that people who routinely compared quotes saved $865 a year compared to other drivers who never shopped for cheaper rates.
If finding budget-friendly insurance is your objective, knowing the best way to shop and compare insurance premiums can help make the process easier and more efficient.
Comparison shopping for the best insurance coverage in Jersey City is not as confusing as people think. In a nutshell, anyone who compares rate quotes for insurance will be able to reduce their rates. Nevertheless, New Jersey car owners can benefit by having an understanding of the way insurance companies determine what you pay and take advantage of how the system works.
All major insurance companies such as State Farm and Allstate make it easy to get prices for coverage online. Obtaining pricing for Jeep Liberty insurance in Jersey City is possible for anyone as you just enter the coverages you want into the form. Once entered, their quoting system automatically retrieves reports for credit and driving violations and provides a quote based on these factors.
The ability to get online rate quotes for Jeep Liberty insurance in Jersey City streamlines rate comparisons, and it's absolutely necessary to do this in order to find a lower rate.
If you want to use this form to compare rates, check out the insurance providers below. To compare your current rates, we recommend you replicate coverages and limits as shown on your current policy. This makes sure you are getting rate comparison quotes based on identical coverages.
The car insurance companies shown below provide free rate quotes in New Jersey. To find cheap auto insurance in Jersey City, it's a good idea that you click on several of them in order to find the most affordable rates.
Rates and statistics
The premium information shown next covers different prices for Jeep Liberty models. Having knowledge of how insurance premiums are figured can assist in making smart choices when purchasing an insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Liberty Sport 2WD||$192||$366||$624||$36||$188||$1,406||$117|
|Liberty Limited 2WD||$220||$366||$624||$36||$188||$1,434||$120|
|Liberty Renegade 4WD||$220||$366||$624||$36||$188||$1,434||$120|
|Liberty Sport 4WD||$220||$366||$624||$36||$188||$1,434||$120|
|Liberty Limited 4WD||$220||$444||$624||$36||$188||$1,512||$126|
|Get Your Own Custom Quote Go|
Data rating is based on single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and New Jersey minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Rate information does not factor in vehicle location which can raise or lower insurance rates noticeably.
Analysis of deductible levels
One common question asked by Jersey City drivers is where to set your physical damage deductibles. The comparisons below approximate how much more you'll pay when you buy lower versus higher insurance deductibles. The first set of prices uses a $250 physical damage coverage deductible and the second rate table uses a $1,000 deductible.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Liberty Sport 2WD||$324||$514||$480||$28||$144||$1,515||$126|
|Liberty Limited 2WD||$372||$514||$480||$28||$144||$1,563||$130|
|Liberty Renegade 4WD||$372||$514||$480||$28||$144||$1,563||$130|
|Liberty Sport 4WD||$372||$514||$480||$28||$144||$1,563||$130|
|Liberty Limited 4WD||$372||$626||$480||$28||$144||$1,675||$140|
|Get Your Own Custom Quote Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Liberty Sport 2WD||$200||$324||$480||$28||$144||$1,176||$98|
|Liberty Limited 2WD||$230||$324||$480||$28||$144||$1,206||$101|
|Liberty Renegade 4WD||$230||$324||$480||$28||$144||$1,206||$101|
|Liberty Sport 4WD||$230||$324||$480||$28||$144||$1,206||$101|
|Liberty Limited 4WD||$230||$394||$480||$28||$144||$1,276||$106|
|Get Your Own Custom Quote Go|
Data 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, homeowner, claim-free, safe-driver, and multi-vehicle. Rate quotes do not factor in vehicle location which can influence insurance rates noticeably.
Based on this data, using a $250 deductible costs an average of $30 more each month or $360 every year than opting for the higher $1,000 deductible. Since you would have to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to have at least 25 months between claims, you would most likely save money going with the higher deductible.
How to calculate if higher deductibles make sense
|Average monthly premium for $250 deductibles:||$131|
|Average monthly premium for $1,000 deductibles (subtract):||- $101|
|Monthly savings from raising deductible:||$30|
|Difference between deductibles ($1,000 - $250):||$750|
|Divide difference by monthly savings:||$750 / $30|
|Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible||25 months|
The chart below highlights how deductible choice and can affect Jeep Liberty premium costs for different insured age categories. The rate quotes are based on a single female driver, comprehensive and collision coverage, and no discounts are taken into consideration.
Full coverage versus liability only rates
The information below shows the comparison of Jeep Liberty insurance rates with full physical damage coverage compared to only buying liability only. The premium estimates are based on no claims or violations, $500 deductibles, marital status is single, and no discounts are applied to the premium.
When to stop buying physical damage coverage
There isn't a written rule to stop buying physical damage insurance, but there is a broad guideline. If the yearly cost for physical damage coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then it could be time to drop full coverage.
For example, let's pretend your Jeep Liberty settlement value is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $5,000 after paying your deductible. If you are paying over $500 a year for comprehensive and collision coverage, then you might consider buying liability only.
There are a few situations where buying only liability insurance is not a good idea. If you still owe money on your vehicle, you have to carry full coverage in order to prevent your loan from defaulting. Also, if you don't have enough money to buy a different vehicle in the event your current vehicle is totaled, you should maintain full coverage.
Buying the right vehicle insurance in New Jersey is an important decision
Even though it's not necessarily cheap to insure a Jeep in Jersey City, insurance is mandatory in New Jersey but it also protects more than you think.
- Most states have mandatory insurance requirements which means you are required to carry a specific minimum amount of liability coverage if you don't want to risk a ticket. 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 Jeep, it's guaranteed your bank will require you to buy insurance to ensure they get paid if you total the vehicle. If the policy lapses, the bank may insure your Jeep at a significantly higher premium and force you to reimburse them the higher price.
- Auto insurance preserves both your car and your assets. It will also cover all forms of medical expenses incurred in an accident. Liability insurance, one of your policy coverages, will also pay attorney fees in the event you are sued. If your Jeep gets damaged, your auto insurance policy will pay to restore your vehicle to like-new condition.
The benefits of insuring your car greatly outweigh the cost, particularly for liability claims. The average driver in New Jersey is overpaying over $869 every year so you should quote and compare rates at every policy renewal to make sure the price is not too high.
How Insurance Providers Determine Jeep Liberty Insurance Prices
Part of the insurance buying process is learning some of the elements that go into determining insurance rates. When consumers understand what positively or negatively impacts your premiums, this allows you to make good choices that can help you get big savings. Lots of factors are part of the equation when you get a price on insurance. Some are pretty understandable like a motor vehicle report, but other factors are more obscure like your vehicle usage or your commute time.
The factors shown below are some of the factors insurance companies consider when setting your rates.
Low deductibles can be expensive - Your deductibles are the amount of money you are willing to pay out-of-pocket if a covered claim is submitted. Coverage for physical damage, otherwise known as comp (or other than collision) and collision, insures against damage to your car. Examples of some claims that would be covered could be collision with another vehicle, vandalism, and having a roll-over accident. The more money you pay before a claim is paid (deductible), the bigger discount you will receive.
Little extras can really add up - Policies have optional add-on coverages that can waste your money but may not be useful. Things like roadside assistance, death and dismemberment, and Farm Bureau memberships may not be needed and are just wasting money. These may sound like a good investment at first, but now you might not need them so consider taking them off your policy.
Certain occupations raise prices - Did you know your insurance rates can be affected by your occupation? Careers such as fire fighters, executives, and stock brokers generally pay higher premium rates attributed to intense work situations and incredibly demanding work hours. On the other hand, jobs like farmers, students and homemakers pay the least.
Traffic violations can increase costs - Your driving record influences premium rates substantially. Having a single ticket can increase the cost of insurance by twenty percent. Good drivers get better rates than bad drivers. Drivers with careless violations like reckless driving, hit and run or driving under the influence may find that they have to to file a proof of financial responsibility form (SR-22) with their state's department of motor vehicles in order to prevent their license from being revoked.
The information below shows how violations and at-fault fender-benders can drive up Jeep Liberty auto insurance costs for each different age group. The premiums assume a single male driver, full coverage, $100 deductibles, and no discounts are factored in.
Teen drivers are expensive to insure - Mature drivers are more responsible, statistically cause fewer accidents, and get fewer tickets. Youthful drivers are statistically proven to get distracted easily in a vehicle therefore insurance rates are much higher.
The following chart assumes a single driver, full coverage with $100 deductibles, and no discounts or violations.
Car and home together may be cheaper - Most larger insurers afford discounts to policyholders who carry more than one policy in the form of a multi-policy discount. Discounts can amount to five, ten or even twenty percent. Even though this discount sounds good, consumers should still check prices from other companies to ensure the best deal.There is a good possibility that you can find better rates even if you have your coverage with different companies
Save a ton by applying discounts
Some companies don't always publicize all their discounts very well, so here is a list both the well known as well as the least known discounts that you may qualify for. If you do not check that you are getting every discount you qualify for, you are just wasting money.
- Discounts for Cautious Drivers - Drivers who don't get into accidents can get discounts for up to 45% lower rates than drivers with accidents.
- Passive Restraints - Options like air bags and/or automatic seat belt systems can receive discounts up to 30%.
- College Student Discount - Any of your kids living away from Jersey City attending college and leave their car at home could get you a discount.
- Early Renewal Discounts - Some auto insurance companies give discounts for buying a new policy before your current Liberty insurance policy expires. The savings is around 10%.
- Anti-lock Brake Discount - Vehicles with anti-lock braking systems are much safer to drive so you can save 10 percent or more.
- Buy New and Save - Buying a new car instead of a used Liberty can save you some money compared to insuring an older model.
- Defensive Driver Discount - Participating in a safe driver class is a good idea and can lower rates and easily recoup the cost of the course.
A little disclaimer on discounts, many deductions do not apply to the overall cost of the policy. Most cut specific coverage prices like physical damage coverage or medical payments. So even though you would think it's possible to get free car insurance, nobody gets a free ride. Any qualifying discounts will help reduce your overall premium however.
The illustration below illustrates the difference between Jeep Liberty premium costs with and without discounts being applied to the rates. The rate quotes are based on a female driver, no claims or violations, New Jersey state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, claim-free, multi-policy, multi-car, and marriage discounts applied.
A list of companies and some of the premium reductions they offer can be read below.
- American Family may offer discounts for early bird, good driver, good student, accident-free, and air bags.
- Nationwide may include discounts for multi-policy, Farm Bureau membership, anti-theft, business or organization, and accident-free.
- MetLife discounts include accident-free, claim-free, good driver, defensive driver, and good student.
- 21st Century has discounts for student driver, early bird, 55 and older, driver training, good student, and theft prevention.
- Farmers Insurance may have discounts that include homeowner, teen driver, mature driver, business and professional, multi-car, and alternative fuel.
- Allstate offers premium reductions for EZ pay plan discount, safe driver, anti-theft, 55 and retired, multi-policy, and premier plus.
When getting free Jersey City car insurance quotes, it's a good idea to every prospective company how you can save money. Some discounts listed above may not apply to policyholders in Jersey City.
Don't assume everyone needs the same auto insurance coverage
When quoting and comparing coverage for your vehicles, there really is not a one-size-fits-all type of policy. Your situation is unique.
For example, these questions might help in determining whether your personal situation might need professional guidance.
- Does coverage extend to Mexico or Canada?
- At what point should I drop full coverage?
- Are combined or split liability limits better?
- Do I have newly-acquired coverage?
- How much cheaper are high deductibles?
- Is my Jeep Liberty covered for smoke damage?
- When should I not buy collision coverage?
- What are good deductibles for a Jeep Liberty?
- When should I have rental car coverage?
- Does my insurance cover a custom paint job?
If you're not sure about those questions then you might want to talk to an insurance agent. If you don't have a local agent, simply complete this short form.
Insurance quotes from local neighborhood Jersey City car insurance agents
Certain consumers would prefer to talk to a local agent and that is a personal choice. A nice benefit of getting online price quotes is you can get cheap insurance quotes and still choose a local agent. And buying from local agencies is still important in Jersey City.
Once you complete this quick form, your insurance data is sent to local insurance agents in Jersey City that provide free Jersey City car insurance quotes and help you find cheaper coverage. You never need to drive around as quotes are delivered to you directly. You can find lower rates without requiring a lot of work. If you want to get a comparison quote from a specific insurance company, feel free to find their quoting web page and complete a quote there.
Do you need an independent or exclusive car insurance agent?
When researching local Jersey City agents, you need to know there are two types of insurance agents and how they operate. Insurance agents in Jersey City can be categorized as either independent agents or exclusive agents.
Independent Insurance Agencies or Brokers
Agents of this type do not sell for just one brand so they can insure your vehicles with a variety of different insurance companies and find you the best rates. If they find a cheaper price, they simply move the coverage in-house and you won't have to switch agencies.
If you are comparing insurance prices, you need to contact several independent agencies to have the most options to choose from. Many write coverage with small mutual carriers which may have better rates.
Below is a small list of independent agencies in Jersey City that may be able to give you free insurance rate quotes.
- Sam's Insurance and Travel
3396 John F. Kennedy Blvd - Jersey City, NJ 07307 - (201) 659-6800 - View Map
- Dieugrand Insurance
582 West Side Ave - Jersey City, NJ 07304 - (201) 209-1306 - View Map
- Arch Insurance
300 Exchange Pl - Jersey City, NJ 07311 - (201) 743-4000 - View Map
Exclusive Insurance Agencies
These agents can usually just insure with one company like Allstate, Farmers Insurance or State Farm. Exclusive agents cannot give you multiple price quotes so keep that in mind. They are well schooled on their company's products which aids in selling service over price. Some consumers prefer to purchase coverage from exclusives mostly because of the brand rather than low price.
The following are Jersey City exclusive insurance agencies who can help you get rate quotes.
- Farmers Insurance - Mofalc Meinga
447 Central Ave - Jersey City, NJ 07307 - (201) 435-1616 - View Map
- Tawanda Jackson - State Farm Insurance Agent
688 NJ-440 - Jersey City, NJ 07305 - (201) 209-0290 - View Map
- Alberto Santana - State Farm Insurance Agent
1755 John F. Kennedy Blvd - Jersey City, NJ 07305 - (201) 332-3344 - View Map
Finding the right insurance agency should depend on more than just a cheap quote. The answers to these questions are important, too.
- Is their price quote a firm figure or are their hidden costs?
- Do they regularly work with personal auto policies in Jersey City?
- Do they carry Errors and Omissions coverage?
- Do you need full coverage on every vehicle?
- Has the agent ever had any license suspensions?
Don't give up on cheaper coverage
Some insurance providers do not provide the ability to get quotes online and these regional insurance providers provide coverage only through independent insurance agencies. Budget-conscious Jeep Liberty insurance is available online and with local Jersey City insurance agents, and you should compare rates from both to get a complete price analysis.
When trying to cut insurance costs, make sure you don't skimp on critical coverages to save a buck or two. In many cases, someone dropped comprehensive coverage or liability limits only to find out they didn't purchase enough coverage. The aim is to buy a smart amount of coverage at the best price while still protecting your assets.
Insureds change insurance companies for any number of reasons including unfair underwriting practices, poor customer service, high rates after DUI convictions or denial of a claim. Regardless of your reason, switching car insurance companies is actually quite simple.
Steps to quoting cheaper Jeep Liberty insurance in Jersey City
If your goal is the lowest price, then the best way to save on auto insurance rates is to do an annual price comparison from insurers who sell auto insurance in Jersey City.
First, spend some time learning about policy coverages and the changes you can make to prevent high rates. Many factors that result in higher rates like tickets, at-fault accidents, and an unacceptable credit rating can be eliminated by making lifestyle changes or driving safer.
Second, obtain price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only give rate quotes from a single company like GEICO or Allstate, while independent agents can provide price quotes from multiple insurance companies.
Third, compare the new rate quotes to your current policy to see if switching to a new carrier will save money. If you find a lower rate quote, make sure coverage does not lapse between policies.
Fourth, give notification to your current company of your intention to cancel the current policy. Submit a down payment and signed policy application for your new policy. As soon as coverage is bound, put the certificate verifying coverage with your registration paperwork.
A good tip to remember is to use the same level of coverage on each price quote and to quote with every company you can. This provides a level playing field and a complete price analysis.