The recommended way to get cheaper Chevy SS insurance in Newark is to regularly compare price quotes from insurance carriers who sell auto insurance in New Jersey. Price quotes can be compared by following these steps.
First, take a little time to learn about the different coverages in a policy and the measures you can take to keep rates in check. Many policy risk factors that drive up the price like traffic violations and a substandard credit history can be improved by improving your driving habits or financial responsibility. This article provides tips to get low prices and get bigger discounts that may have been overlooked.
Second, get rate quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only give prices from one company like GEICO or State Farm, while independent agents can give you price quotes from multiple companies.
Third, compare the new quotes to the price on your current policy to see if cheaper SS coverage is available. If you find a lower rate quote and make a switch, ensure coverage does not lapse between policies.
Fourth, provide notification to your current company of your decision to cancel your current policy and submit payment and a signed application to your new agent or company. Make sure you place the new proof of insurance paperwork with your vehicle’s registration.
One thing to point out is that you’ll want to make sure you compare similar deductibles and liability limits on every quote request and and to get rate quotes from as many companies as feasibly possible. This provides an apples-to-apples comparison and a complete price analysis.
Remarkably, a study showed that 70% of consumers renewed their policy with the same company for four years or more, and almost 40% of drivers have never shopped around. Many drivers in the U.S. could save $859 each year just by comparing rates, but they just assume it takes a lot of time to compare rates online.
If you have insurance now, you stand a good chance to be able to find better prices using these techniques. Finding the cheapest car insurance coverage in Newark can be made easier if you know where to look. But New Jersey consumers can benefit by having an understanding of the way companies determine premium rates because rates are impacted by many factors.
Low Cost Chevy insurance prices in Newark
The car insurance companies shown below are our best choices to provide free quotes in Newark, NJ. To locate the cheapest car insurance in Newark, it’s highly recommended you visit two to three different companies to get a more complete price comparison.
Slash your car insurance rates with these five discounts
Some insurers don’t always publicize all their discounts very clearly, so the following is a list of both well-publicized in addition to some of the lesser obvious credits available to lower your premiums when you buy Newark auto insurance online.
- ABS Braking Discount – Anti-lock brake equipped vehicles are safer to drive and qualify for as much as a 10% discount.
- Auto/Life Discount – If the company offers life insurance, you could get a small discount if you purchase life insurance.
- 55 and Retired – Mature drivers may qualify for a small decrease in premiums.
- Home Ownership Discount – Owning a house in Newark can save a few bucks since owning and maintaining a home means you have a higher level of financial diligence.
- Bundle and Save – If you combine your auto and home policies and place coverage with the same company you may earn nearly 15% which can help you find inexpensive Chevrolet SS insurance in Newark.
While discounts sound great, it’s important to understand that some of the credits will not apply to the entire policy premium. A few only apply to specific coverage prices like comp or med pay. Despite the appearance that all those discounts means the company will pay you, nobody gets a free ride.
A few popular companies and their possible discounts are included below.
- State Farm policyholders can earn discounts including driver’s education, good driver, safe vehicle, anti-theft, good student, Drive Safe & Save, and multiple autos.
- Progressive may offer discounts for homeowner, multi-vehicle, multi-policy, online signing, online quote discount, and continuous coverage.
- Travelers has savings for continuous insurance, multi-car, multi-policy, driver training, save driver, good student, and home ownership.
- American Family may have discounts that include defensive driver, air bags, accident-free, good student, early bird, and good driver.
- Liberty Mutual offers premium reductions for teen driver discount, new graduate, exclusive group savings, new vehicle discount, hybrid vehicle, and good student.
Before purchasing a policy, check with all the companies how many discounts you can get. Some of the earlier mentioned discounts may not be available in your area.
Car insurance is available from local agents
A small number of people would rather sit down and talk to an agent and there is nothing wrong with that. A nice benefit of comparing car insurance online is that you can find cheap car insurance quotes and still buy from a local agent.
Once you complete this quick form, your insurance data gets sent to companies in Newark that provide free Newark auto insurance quotes for your coverage. You won’t need to contact any insurance agencies since rate quotes are delivered instantly to you. You can find lower rates without having to waste a lot of time. If you have a need to get a rate quote from one company in particular, just go to their quote page and fill out their quote form.
Finding a good insurance company should depend on more than just the premium amount. Any agent in Newark should have no problem answering these questions:
- Does the company use OEM repair parts?
- Where would your vehicle be repaired?
- By raising physical damage deductibles, how much would you save?
- When do they do a full risk review?
- Do they specialize in personal lines coverage in Newark?
- Do they have a Better Business Bureau rating in Newark?
Is an exclusive or independent car insurance agent right for you?
If you want to use a local Newark insurance agent, it helps to know the two different agency structures and how they function. Insurance agencies in Newark may be either exclusive or independent (non-exclusive).
Agents in the exclusive channel can usually just insure with one company and examples are Allstate, State Farm and Farmers Insurance. Exclusive agents cannot compare rates from other companies so you might not find the best rates. Exclusive agents are usually quite knowledgeable on the products they sell which helps them sell insurance even at higher premiums.
The following are exclusive agencies in Newark who may provide you with price quote information.
Independent Insurance Agents
Independent insurance agents do not sell for just one brand so they can write business through many different car insurance companies and find you cheaper rates. If prices rise, they can switch companies in-house and you can keep the same agent. When comparing rates, it’s a good idea to compare quotes from at least one independent agent for maximum quote selection.
The following is a short list of independent agencies in Newark willing to provide rate quotes.
Preferred Choice Insurance Agency
225 Newark Ave – Jersey City, NJ 07302 – (201) 616-7644 – View Map
Ed Young Agency
942 S Orange Ave – Newark, NJ 07106 – (973) 375-0003 – View Map
Once you have answers to your satisfaction and an affordable coverage quote, you may have just found an auto insurance agent that meets the requirements to properly service your car insurance policy.
New Jersey car insurance companies
Insuring your vehicle with the right company is difficult considering how many companies provide coverage in New Jersey. The rank data listed below can help you analyze which auto insurance companies you want to consider when shopping around.
Top 10 Newark Car Insurance Companies Ranked by Value
- The Hartford
- Mercury Insurance
- Farmers Insurance
- Safeco Insurance
- AAA Insurance
- 21st Century
- State Farm
- American Family
Auto insurance coverage basics
Understanding the coverages of auto insurance can help you determine the best coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and coverage can change by endorsement. Listed below are typical coverage types found on the average auto insurance policy.
Liability car insurance – Liability insurance provides protection from injuries or damage you cause to other’s property or people that is your fault. It protects you against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 15/30/5 that translate to $15,000 bodily injury coverage, a total of $30,000 of bodily injury coverage per accident, and $5,000 of coverage for damaged property.
Liability can pay for things such as repair costs for stationary objects, structural damage and pain and suffering. How much coverage you buy is your choice, but buy as large an amount as possible. New Jersey requires minimum liability limits of 15/30/5 but it’s recommended drivers buy more coverage.
The next chart shows why buying the state minimum limits may not be enough.
Collision coverage – This coverage will pay to fix damage to your SS resulting from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for things such as driving through your garage door, scraping a guard rail and crashing into a building. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible on your SS in order to get cheaper collision rates.
Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage gives you protection when other motorists do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Chevy SS.
Since many New Jersey drivers only carry the minimum required liability limits (New Jersey limits are 15/30/5), it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.
Medical payments coverage and PIP – Med pay and PIP coverage provide coverage for bills for pain medications, chiropractic care and surgery. They are used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is not universally available and may carry a deductible
Comprehensive coverage – Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for things such as falling objects, hail damage and damage from a tornado or hurricane. The maximum amount your auto insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.
Quote often and quote early
We just presented some good ideas how to get a better price on Chevy SS insurance in Newark. It’s most important to understand that the more rate quotes you have, the more likely it is that you will get a better rate. You may even be surprised to find that the lowest priced insurance comes from an unexpected company. Smaller companies may cover specific market segments cheaper compared to the large companies like State Farm, GEICO and Nationwide.
As you shop your coverage around, it’s very important that you do not sacrifice coverage to reduce premiums. There are too many instances where someone dropped liability limits or collision coverage and found out when filing a claim that the small savings ended up costing them much more. Your goal should be to purchase plenty of coverage at the best cost while not skimping on critical coverages.
Cheap Chevy SS insurance in Newark can be sourced both online and with local Newark insurance agents, so you need to quote Newark auto insurance with both so you have a total pricing picture. Some insurance companies may not have rates over the internet and most of the time these regional carriers only sell through independent insurance agents.
Even more information can be read in these articles:
- Side airbags reduce rollover fatalities (Insurance Institute for Highway Safety)
- Who Has the Cheapest Auto Insurance for 18 Year Olds in Newark? (FAQ)
- Who Has Affordable Newark Car Insurance for a Toyota Highlander? (FAQ)
- What Car Insurance is Cheapest for a Nissan Sentra in Newark? (FAQ)
- Who Has the Cheapest Auto Insurance for Drivers with Bad Credit in Newark? (FAQ)
- Who Has Affordable Auto Insurance Quotes for a Chevrolet Silverado in Newark? (FAQ)
- Who Has Affordable Newark Auto Insurance Rates for 16 Year Olds? (FAQ)
- How Much is Newark Auto Insurance for a Ford Escape? (FAQ)
- Prepare your Teens for Safe Driving (InsureUonline.org)
- Think You’re a Safe Driver? (State Farm)