The best way to get the cheapest auto insurance rates in Jersey City is to do an annual price comparison from providers in New Jersey. This can be done by completing these steps.
Step 1: Take a little time to learn about how your policy works and the things you can control to prevent rate increases. Many rating factors that are responsible for high rates like speeding and a substandard credit history can be improved by making lifestyle changes or driving safer. Continue reading for additional ideas to find cheap rates and earn larger discounts.
Step 2: Obtain price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can give quotes from one company like Progressive or Farmers Insurance, while independent agencies can provide prices from many different companies.
Step 3: Compare the new rate quotes to your existing policy to see if a cheaper price is available in Jersey City. If you find better rates, verify that coverage does not lapse between policies.
Step 4: Notify your agent or company to cancel your existing policy. Submit the application along with any required down payment for your new policy. Don’t forget to store the certificate verifying coverage with the vehicle registration.
The most important part of shopping around is to use the same level of coverage on every price quote and and to analyze as many car insurance companies as possible. This ensures an accurate price comparison and the best price quote selection.
A recent study showed that most car insurance buyers in New Jersey kept buying from the same company for at least the last four years, and approximately 38% of consumers have never quoted rates to find cheap coverage. Most drivers in America could save themselves almost $859 a year, but they just don’t understand the actual amount they would save if they swap their current policy for a cheaper one.
Finding and comparing more affordable insurance in Jersey City is not as hard as you may think. Practically every driver who requires lower cost insurance will most likely get better rates. Although New Jersey car owners can benefit by having an understanding of how big insurance companies determine prices and use this information to your advantage.
Just keep in mind that more quotes helps locate the best offered rates.
The companies in the list below provide price quotes in Jersey City, NJ. If you wish to find cheap auto insurance in Jersey City, NJ, we suggest you visit two to three different companies to get a more complete price comparison.
Get cheaper rates on Kia Stinger insurance in Jersey City with these car insurance discounts
Car insurance can cost a lot, but you might be missing out on some discounts that may help make it more affordable. Some discounts apply automatically at the time of purchase, but once in a while a discount must be requested specifically prior to receiving the credit. If you’re not getting every credit available, you could be paying more than you need to.
- Resident Student – Children who live away from home to go to college and do not take a car to college can receive lower rates.
- Full Payment Discount – If you pay your entire premium ahead of time instead of paying each month you could save 5% or more.
- Discount for Life Insurance – Some companies give a discount if you purchase life insurance.
- Good Students Pay Less – Performing well in school can get you a discount of up to 25%. This discount can apply up to age 25.
- Low Mileage Discounts – Driving fewer miles could qualify for cheaper car insurance rates.
- Switch and Save Discount – A few insurance companies allow discounts for renewing your policy prior to the expiration date on your current Stinger insurance policy. You may see this discount when you get Jersey City auto insurance quotes online.
- First Accident Forgiveness – Not necessarily a discount, but companies like Progressive, State Farm and GEICO will let one accident slide without the usual rate increase if you have no claims prior to being involved in the accident.
- Anti-lock Brake System – Vehicles with anti-lock braking systems are much safer to drive and the ABS can save up to 10%.
- New Vehicle Savings – Adding a new car to your policy can cost up to 25% less compared to insuring an older model.
- Discounts for Seat Belt Usage – Drivers who require all occupants to use their safety belts can save up to 15% off PIP or medical payments premium.
As is typical with insurance, some credits don’t apply to your bottom line cost. Most only apply to specific coverage prices like liability and collision coverage. So despite the fact that it appears you would end up receiving a 100% discount, that’s just not realistic.
Companies and their offered discounts are:
- GEICO may have discounts that include anti-theft, multi-policy, anti-lock brakes, good student, daytime running lights, seat belt use, and multi-vehicle.
- Travelers offers discounts for good student, save driver, continuous insurance, driver training, IntelliDrive, multi-car, and multi-policy.
- Nationwide policyholders can earn discounts including easy pay, good student, anti-theft, accident-free, and Farm Bureau membership.
- Farmers Insurance has discounts for pay in full, business and professional, homeowner, alternative fuel, switch companies, and bundle discounts.
- Esurance discounts include claim free, DriveSense, emergency road assistance, good student, homeowner, paid-in-full, and Pac-12 alumni.
- State Farm offers discounts including driver’s education, passive restraint, multiple autos, anti-theft, and student away at school.
- Progressive has savings for multi-policy, online signing, good student, multi-vehicle, continuous coverage, and online quote discount.
- Mercury Insurance includes discounts for annual mileage, age of vehicle, low natural disaster claims, good student, professional/association, location of vehicle, and type of vehicle.
If you want affordable Kia Stinger insurance quotes, ask each insurance company how you can save money. All car insurance discounts may not apply to policies in Jersey City. To choose providers who offer car insurance discounts in Jersey City, follow this link.
Seven Things That Determine Your Insurance Premiums
Many things are part of the equation when premium rates are determined. Some factors are common sense like an MVR report, but some are not quite as obvious such as your credit history or your financial responsibility. Smart consumers have a good feel for the different types of things that help calculate car insurance rates. When consumers understand what influences your rates, this allows you to make educated decisions that may reward you with better car insurance rates.
The list below includes a few of the “ingredients” that factor into prices.
How’s your driving record? – A bad driving record impacts your car insurance rates tremendously. Even a single citation can increase rates forty percent or more. Attentive drivers pay less for auto insurance than their less careful counterparts. Drivers who get dangerous citations such as DWI, reckless driving or hit and run convictions might be required by their state to file a proof of financial responsibility form (SR-22) with their state DMV in order to continue driving.
Use one insurance company and save – Most major insurance companies afford better rates to policyholders that purchase more than one policy, otherwise known as a multi-policy discount. Even with this discount, drivers will still want to check prices from other companies to help guarantee you have the best rates. Consumers may save more without the discount by buying from different companies
Raising physical damage deductibles saves money – The deductibles you choose are the amount of money you are required to spend before your car insurance pays a claim. Protection for physical damage, also called comprehensive and collision insurance, is used to repair damage to your car. Examples of covered claims are rear-ending another vehicle, collision with a deer, and damage from wind. The more money the insured is willing to pay, the better rate you will receive.
Prices impacted by vehicle usage – The more miles you rack up on your Kia in a year the more you’ll pay to insure your vehicle. A lot of companies calculate rates based on how the vehicle is used. Cars that have low annual miles receive better premium rates than vehicles that have high annual mileage. An incorrectly rated Stinger may be costing you. Verify your car insurance policy states annual mileage, because improper ratings can cost you money.
Age of drivers – Beginning drivers in New Jersey are statistically shown to be less responsible behind the wheel so car insurance rates are higher. Having to add a young driver to your policy can break the bank. Older drivers are more cautious drivers, cause fewer claims and accidents, and are generally more financially stable.
Is your car built for speed? – The make and model of the vehicle you need to insure makes a significant difference in your car insurance bill. The lowest base rates are usually found on low performance passenger models, but other factors influence the final cost greatly.
Reserve policy claims for larger damages – Insurance companies in New Jersey generally give most affordable rates to policyholders who do not rely on their insurance for small claims. If you are the type of insured that files lots of claims you can expect either policy cancellation or increased premiums. Auto insurance is intended for more catastrophic claims.