Save on Scion tC Insurance in Newark

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The best way to get more affordable Scion tC insurance in Newark is to make a habit of regularly comparing prices from insurance carriers that sell auto insurance in New Jersey.

  • Step 1: Get an understanding of the coverage provided by your policy and the changes you can make to prevent rate increases. Many rating factors that are responsible for high rates like accidents, traffic violations, and a substandard credit score can be rectified by paying attention to minor details.
  • Step 2: Get rate quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only quote rates from a single company like Progressive and State Farm, while agents who are independent can quote prices from multiple sources.
  • Step 3: Compare the quotes to your existing policy to see if switching to a new carrier will save money. If you can save some money, ensure there is no coverage lapse between policies.
  • Step 4: Notify your agent or company to cancel your current car insurance policy and submit a down payment and signed policy application to your new agent or company. As soon as you receive it, store the proof of insurance certificate in an easily accessible location.

One key aspect when comparing rates is to compare the same physical damage deductibles and liability limits on each price quote and and to compare all possible companies. Doing this ensures an accurate price comparison and the best price selection.

Discount Scion tC insuranceShockingly, the vast majority of drivers have bought auto insurance from the same company for four years or more, and nearly the majority have never quoted auto insurance rates at all. New Jersey consumers can save hundreds of dollars each year, but they just don't understand the benefits if they replace their high priced policy.

Our objective is to help educate you on the most effective ways to compare rates and some money-saving tips. If you currently have car insurance, you should be able to shop for the lowest rates using these techniques. Nevertheless, New Jersey car owners must learn how big insurance companies price online insurance and use this information to your advantage.

Don't overlook these Scion tC insurance discounts

Auto insurance companies don't necessarily list all discounts in an easy-to-find place, so below is a list some of the best known in addition to some of the lesser obvious discounts you could be receiving when you buy Newark auto insurance online. If they aren't giving you every credit possible, you are just wasting money.

  • Driving Data Discount - Newark drivers who agree to allow their company to scrutinize where and when they drive by using a telematics device in their vehicle like In-Drive from State Farm and Progressive's Snapshot might see lower rates as long as they are good drivers.
  • Anti-lock Brakes - Cars and trucks with ABS and/or traction control are much safer to drive and the ABS can save up to 10%.
  • Discount for Low Mileage - Fewer annual miles on your Scion can qualify you for substantially lower rates.
  • Student Discounts - Being a good student can be rewarded with saving of up to 25%. This discount can apply until age 25.
  • Discounts for Federal Employees - Being employed by or retired from a federal job could qualify for a slight premium decrease depending on your company.
  • No Charge for an Accident - This one isn't a discount, but companies like State Farm and Allstate permit an accident without the usual rate increase so long as you are claim-free prior to being involved in the accident.

A little note about advertised discounts, many deductions do not apply to your bottom line cost. Most only cut the price of certain insurance coverages like collision or personal injury protection. So despite the fact that it appears all the discounts add up to a free policy, companies don't profit that way.

The chart below visualizes the comparison of Scion tC insurance premiums with and without discounts applied to the rates. The premium estimates are based on a female driver, no violations or claims, 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 homeowner, marriage, safe-driver, multi-policy, claim-free, and multi-car discounts applied.

The best insurance companies and their possible discounts include:

  • State Farm offers discounts for good driver, multiple policy, passive restraint, safe vehicle, Drive Safe & Save, student away at school, and multiple autos.
  • American Family may offer discounts for air bags, defensive driver, accident-free, TimeAway discount, and bundled insurance.
  • GEICO policyholders can earn discounts including anti-lock brakes, multi-policy, anti-theft, membership and employees, multi-vehicle, seat belt use, and defensive driver.
  • 21st Century may have discounts that include teen driver, theft prevention, 55 and older, air bags, and defensive driver.
  • Progressive discounts include homeowner, online quote discount, continuous coverage, multi-policy, online signing, and multi-vehicle.

It's a good idea to ask every company which discounts you may be entitled to. Some discounts might not be offered in your state. To view insurers with discount insurance rates in Newark, follow this link.

To find low cost Newark auto insurance quotes, there are several ways to compare rate quotes from many different New Jersey insurance companies. By far the easiest way to find cheaper Scion tC rates is to get quotes online.

It's so easy to compare price quotes online that it replaces the need to call or drive to insurance agents' offices. Comparing Scion tC insurance rate quotes online eliminates the middleman unless you prefer the professional abilities that you can only get from talking to an agent. Although, it is possible get prices online but buy the policy through an agent. Just keep in mind that comparing a large number of companies helps increase your odds of locating better pricing.

The companies shown below provide comparison quotes in New Jersey. In order to find the cheapest car insurance in Newark, we recommend you visit several of them to get a more complete price comparison.

Detailed insurance information

The information below covers a range of insurance premium costs for Scion tC models. Learning a little about how insurance quotes are figured can help drivers make decisions on which insurance to purchase.

Scion tC Insurance Rates in Newark, NJ
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
TC 2-Dr Hatchback $402 $992 $612 $36 $184 $2,226 $186
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Table data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and New Jersey minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, multi-policy, and homeowner. Premium costs do not factor in vehicle garaging location which can alter premiums substantially.

Choosing deductibles

The hardest decision when buying coverage is where to set your physical damage deductibles. The following tables can help you visualize how much more rates are when you select higher and lower coverage deductibles. The first rate comparisons uses a $100 deductible for comp and collision and the second set of rates uses a $500 deductible.

Scion tC insurance prices with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
TC 2-Dr Hatchback $414 $1014 $600 $36 $180 $2,269 $189
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Scion tC insurance prices with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
TC 2-Dr Hatchback $302 $684 $600 $36 $180 $1,802 $150
Get Your Own Custom Quote Go

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Information does not factor in specific location information which can alter prices considerably.

Based on the data above, we can derive that using a $100 deductible will cost you approximately $39 more each month or $468 a year across all Scion tC models than buying the higher $500 deductible. Due to the fact that you would have to pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you have more than 10 months between claim filings, you would save money if you choose a higher deductible.

The information below highlights how deductible selection and can raise or lower Scion tC insurance premiums for different age groups of insureds. The data assumes a married male driver, comp and collision included, and no policy discounts are applied.

Driving violations and accidents

The information below highlights how traffic violations and at-fault accidents drive up Scion tC insurance costs for different ages of insureds. The premiums assume a single female driver, comp and collision included, $500 deductibles, and no additional discounts are factored in.

Car insurance premiums by gender

The illustration below shows the comparison of Scion tC auto insurance costs for male and female drivers. The rates are based on a clean driving record, no claims, full physical damage coverage, $100 deductibles, single status, and no discounts are factored in.

Scion tC full coverage rates compared to liability only

The diagram below compares Scion tC annual premium costs with and without full coverage. The premium estimates are based on a clean driving record, no claims, $250 deductibles, drivers are not married, and no discounts are applied.

When to drop comprehensive and collision coverage

There is no written rule for eliminating full coverage, but there is a general school of thought. If the yearly cost for physical damage coverage is more than around 10% of the replacement cost minus the deductible, then it's probably a good time to buy liability coverage only.

For example, let's assume your Scion tC replacement cost is $9,000 and you have $1,000 deductibles. If your vehicle is totaled, the most you would get paid by your company is $8,000 after you pay the deductible. If premium cost is more than $800 a year for comprehensive and collision coverage, then you might want to consider buying only liability coverage.

There are some scenarios where dropping full coverage is not in your best interest. If you haven't satisfied your loan, you have to carry full coverage to satisfy the loan requirements. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should not remove full coverage.

Components of Your Scion tC Insurance Costs

One of the most helpful ways to save on car insurance is to to have a grasp of some of the elements that come into play when calculating car insurance rates. If you have a feel for what influences your rates, this helps enable you to make changes that can earn you cheaper rates.

  • Pleasure use or commuting - Driving more miles in a year the higher your rate. Almost all companies rate vehicles based upon how the vehicle is primarily used. Vehicles left parked in the garage can be on a lower rate level than cars that get driven a lot. Make sure your car insurance coverage correctly shows annual mileage, because it can save money. Improper usage on your tC can result in significantly higher rates.
  • Too many claims will drive rates up - If you're an insured who likes to file claims you shouldn't be surprised to get either a policy non-renewal or much higher rates. Companies in New Jersey award discounts to insureds who are claim-free. Your insurance policy is intended for claims that you cannot pay yourself.
  • Urban residents pay more - Being located in less populated areas has it's advantages when it comes to car insurance. People in densely populated areas regularly have more road rage incidents and a longer drive to work. Fewer people means a lower chance of having an accident as well as less vandalism and auto theft.
  • Do you need those extra policy coverages? - Policies have additional extra coverages that you can get tricked into buying if you aren't diligent. Coverages like rental car reimbursement, towing coverage, and additional equipment coverage may not be needed and are just wasting money. These coverages may sound good initially, but if you don't need them get rid of them and save.
  • Get hitched and get better prices - Getting married may cut your premiums compared to being single. It demonstrates that you tend to be more mature and insurance companies like that married drivers tend to have fewer serious accidents.
  • Youthful drivers pay high prices - Young drivers in New Jersey have a tendency to be less responsible when driving with friends so they pay higher car insurance rates. Older insureds tend to be more responsible, cost insurance companies less in claims, and usually have better credit.

    The following chart assumes a single driver, full coverage with $250 deductibles, and no discounts or violations.

  • Scion tC insurance loss data - Insurance companies analyze historical claim data when setting premium rates. Models that have a trend towards higher claims will cost more for coverage.

    The table below demonstrates the collected loss data for Scion tC vehicles. For each insurance policy coverage type, the claim amount for all vehicles, regardless of make or model, is represented as 100. Percentages below 100 suggest a better than average loss history, while percentage numbers above 100 indicate more frequent losses or a tendency for claims to be larger.

    Scion tC Insurance Claim Statistics
    Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
    Scion tC 133 139 136 148 152 143

    Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Exclusive or independent insurance agents

Some people still like to talk to a local agent and there is nothing wrong with that. One of the best bonuses of comparing insurance prices online is you can get the lowest rates but also keep your business local. And supporting local insurance agencies is important especially in Newark.

Insurance agency in NewarkFor easy comparison, once you complete this simple form, the coverage information is immediately sent to participating agents in Newark that give free quotes for your business. It's much easier because you don't need to even leave your home since price quotes are sent to the email address you provide. It's the lowest rates AND an agent nearby. If you want to get a price quote from one company in particular, you just need to visit that company's website and fill out their quote form.

When searching for a reputable agency, there are a couple of different agency structures and how they can write your policy. Insurance policy providers are either independent agents or exclusive agents depending on their employer.

Independent Agencies or Brokers

These type of agents do not have single company limitations so they can write business with an assortment of companies and possibly get better coverage at lower prices. If your agent finds better pricing, the agent simply finds a different carrier and you stay with the same agent. If you are trying to find cheaper rates, it's a good idea to get several quotes from several independent agencies for maximum quote selection.

The following is a short list of independent agencies in Newark who may be able to give you cheap rate quotes.

217 Ferry St - Newark, NJ 07105 - (973) 344-2000 - View Map

Cheap Car Insurance Quotes Auto Newark NJ
268 W KINNEY ST - Newark, NJ 07103 - (888) 290-0635 - View Map

Arabo Insurance Group Inc
675 Bergen St - Newark, NJ 07108 - (973) 391-9595 - View Map

More Newark agents

Exclusive Insurance Agents

Agents that choose to be exclusive can only provide pricing for a single company such as Allstate, Farmers Insurance or State Farm. These agents are unable to compare other company's rates so if the price isn't competitive there isn't much they can do. Exclusive agencies are well schooled on their company's products which can be an advantage.

Listed below is a short list of exclusive agents in Newark that are able to give price quote information.

229 Bloomfield Ave - Newark, NJ 07104 - (973) 482-1975 - View Map

570 Broad St #114 - Newark, NJ 07102 - (973) 648-0699 - View Map

360 Chestnut St - Newark, NJ 07105 - (800) 701-5909 - View Map

More Newark agents

Finding a good auto insurance agent should depend on more than just a cheap price quote. Here are some questions to ask:

  • How long have they been in business?
  • Do they offer claims assistance after hours?
  • Can you choose the body shop in case repairs are needed?
  • Do they offer accident forgiveness?
  • Which companies do they recommend if they are an independent agency?
  • How often do they review coverages?
  • Do they prorate repair cost based on vehicle mileage?
  • Are all drivers listed on the coverage quote?

Why you need car insurance

Even though it's not necessarily cheap to insure a Scion in Newark, insuring your vehicle is required by state law in New Jersey and it also provides benefits you may not be aware of.

First, the majority of states have compulsory liability insurance requirements which means the state requires specific minimum amounts of liability insurance in order to drive the car. 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.

Second, if you took out a loan on your tC, almost every bank will make it a condition of the loan that you buy insurance to guarantee their interest in the vehicle. If you default on your policy, the bank may buy a policy for your Scion at a more expensive rate and require you to pay for it.

Third, insurance protects both your car and your assets. Insurance will also pay for hospital and medical expenses for both you and anyone you injure as the result of an accident. One policy coverage, liability insurance, will also pay to defend you if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to repair the damage.

The benefits of having insurance outweigh the cost, particularly for liability claims. According to a survey of 1,000 drivers, the average driver is wasting up to $865 each year so you should quote your policy with other companies at every policy renewal to make sure the price is not too high.

Newark auto insurance company ratings

Buying coverage from the best company is difficult considering how many companies are available to choose from in Newark. The ranking information in the lists below could help you select which car insurance companies to look at putting your business with.

Top 10 Newark 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 Newark Car Insurance Companies Overall

  1. Mercury Insurance
  2. The Hartford
  3. Progressive
  4. Travelers
  5. State Farm
  6. Farmers Insurance
  7. Safeco Insurance
  8. USAA
  9. GEICO
  10. 21st Century

One last note

As you go through the steps to switch your coverage, you should never buy less coverage just to save a little money. There are a lot of situations where someone sacrificed comprehensive coverage or liability limits and found out when filing a claim they didn't purchase enough coverage. Your strategy should be to purchase plenty of coverage for the lowest cost, but do not skimp to save money.

Cheaper car insurance in Newark is available both online as well as from insurance agents, so you need to quote Newark auto insurance with both in order to have the best price selection to choose from. A few companies do not offer online rate quotes and many times these small, regional companies only sell through independent agencies.

Additional detailed information can be read in the articles below: