Car Insurance Quotes for a Chrysler Sebring in Newark

Sadly, most consumers kept buying from the same company for at least the last four years, and nearly the majority have never taken the time to shop around. New Jersey drivers could pocket almost $720 a year by just comparing rate quotes, but most tend to underestimate the benefits if they switched.

Insurance quote for Chrysler Sebring in NewarkIf you want to save money, the best way to find the cheapest price for auto insurance rates is to start doing a yearly price comparison from companies that insure vehicles in Newark.

Step 1: Take a little time to learn about the different coverages in a policy and the things you can change to keep rates low. Many things that result in higher rates such as traffic violations, accidents, and an imperfect credit rating can be remedied by making minor changes in your lifestyle.

Step 2: Get rate quotes from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only give prices from one company like Progressive or Farmers Insurance, while independent agencies can give you price quotes from multiple sources.

Step 3: Compare the price quotes to your current policy to see if a cheaper rate is available. If you find a lower rate and switch companies, make sure coverage is continuous and does not lapse.

An important part of this process is that you’ll want to make sure you compare the same level of coverage on every quote and and to get rates from as many different insurance providers as possible. Doing this enables a fair price comparison and a complete selection of prices.

All the larger car insurance companies allow consumers to get prices for coverage direct online. Getting Chrysler Sebring insurance prices online doesn’t take a lot of time because you just enter the coverage amounts you desire into the quote form. After you submit the form the company’s rating system automatically orders your driving record and credit report and returns pricing information. Using the web to get rates for Chrysler Sebring insurance in Newark makes it simple to compare prices and it’s very important to get many rate quotes if you are searching for lower-cost rates.

In order to compare rates using this form now, compare rates from the companies below. If you have a policy now, it’s recommended that you enter coverages and limits identical to your current policy. This guarantees you are getting rate quotes using the exact same coverages.

The car insurance companies shown below can provide free rate quotes in New Jersey. To get the cheapest car insurance in Newark, NJ, it’s a good idea that you visit several of them to get the lowest price.

Do you qualify for discounts on Chrysler Sebring insurance in Newark?

The cost of insuring your cars can be expensive, but there’s a good chance there are discounts that can help lower your rates. Many discounts should be triggered at the time you complete a quote, but some may not be applied and must be requested specifically before you get the savings.Save money with discounts

As a disclaimer on discounts, some credits don’t apply to the overall cost of the policy. Most only apply to individual premiums such as collision or personal injury protection. So even though you would think all those discounts means the company will pay you, car insurance companies aren’t that generous.

The diagram below illustrates the difference between Chrysler Sebring yearly insurance costs with and without discounts. The rate quotes are based on a male driver, no violations or accidents, New Jersey state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, marriage, multi-car, multi-policy, safe-driver, and claim-free discounts applied.

Popular car insurance companies and a partial list of their discounts can be found below.

Double check with each company or agent which discounts you may be entitled to. Discounts might not be offered on policies in your state.

Coverage analysis

The coverage information below outlines different insurance premium costs for Chrysler Sebring models. Having knowledge of how policy rates are established can assist in making informed purchases.

Chrysler Sebring Insurance Rates in Newark, NJ
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sebring Touring 4-Dr Sedan $260 $582 $544 $32 $162 $1,580 $132
Sebring Limited 4-Dr Sedan $260 $582 $544 $32 $162 $1,580 $132
Sebring LX 2-Dr Convertible $294 $582 $544 $32 $162 $1,614 $135
Sebring Touring 2-Dr Convertible $294 $582 $544 $32 $162 $1,614 $135
Sebring Limited 2-Dr Convertible $326 $670 $544 $32 $162 $1,734 $145
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Premium data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and New Jersey minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, multi-vehicle, and safe-driver. Price estimates do not factor in the specific area where the vehicle is garaged which can change prices considerably.

Choosing deductibles

One common question asked by Newark drivers is how high should the physical damage deductibles be. The comparison tables below illustrate the price difference between low and high physical damage coverage deductibles. The first data set uses a $250 comprehensive and collision deductible and the second pricing table uses a $500 deductible.

Chrysler Sebring insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sebring Touring 4-Dr Sedan $372 $738 $480 $28 $144 $1,787 $149
Sebring Limited 4-Dr Sedan $372 $738 $480 $28 $144 $1,787 $149
Sebring LX 2-Dr Convertible $420 $738 $480 $28 $144 $1,835 $153
Sebring Touring 2-Dr Convertible $420 $738 $480 $28 $144 $1,835 $153
Sebring Limited 2-Dr Convertible $466 $848 $480 $28 $144 $1,991 $166
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Chrysler Sebring insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Sebring Touring 4-Dr Sedan $302 $594 $480 $28 $144 $1,548 $129
Sebring Limited 4-Dr Sedan $302 $594 $480 $28 $144 $1,548 $129
Sebring LX 2-Dr Convertible $340 $594 $480 $28 $144 $1,586 $132
Sebring Touring 2-Dr Convertible $340 $594 $480 $28 $144 $1,586 $132
Sebring Limited 2-Dr Convertible $380 $684 $480 $28 $144 $1,716 $143
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Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Information does not factor in the specific area where the vehicle is garaged which can raise or lower coverage prices substantially.

Based on this data, we can arrive at the conclusion that using a $250 deductible will cost you about $21 more each month or $252 for a full year across all Chrysler Sebring models than buying the higher $500 deductible. Since you would pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you normally average at least 12 months between claim filings, you would probably come out ahead if you opt for a higher deductible.

How to determine if a higher deductible is a good idea

Average monthly premium for $250 deductibles: $154
Average monthly premium for $500 deductibles (subtract): – $133
Monthly savings from raising deductible: $21
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $21
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 12 months

An important sidenote is that a higher deductible level results in a higher out-of-pocket expense when you do file a claim. You will want to have some extra savings in the event you need to pay the higher deductible in order to repair your vehicle.

The illustration below demonstrates how deductibles and can change Chrysler Sebring insurance costs for different age groups. The data assumes a single male driver, comp and collision included, and no discounts are applied to the premium.

Cost difference between full coverage and liability

The illustration below compares Chrysler Sebring yearly insurance costs with full physical damage coverage compared to only buying liability only. The prices are based on no violations or accidents, $250 deductibles, drivers are not married, and no policy discounts are applied.

When to switch to liability coverage only

There is no set rule to stop buying physical damage insurance, but there is a guideline you can use. If the yearly cost of full coverage is more than 10% of the vehicle’s replacement cost less your deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s assume your Chrysler Sebring replacement cost is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company would pay you is $8,000 after the policy deductible has been paid. If you are paying in excess of $800 annually for physical damage coverage, then it could be time to drop full coverage.

There are a few cases where eliminating full coverage is not a good idea. If you haven’t paid off your loan, you are required to maintain full coverage as part of the loan requirements. Also, if you don’t have enough money to buy a different vehicle if your current one is totaled, you should maintain full coverage.

Smart Buyers Save More

Lots of factors are taken into consideration when premium rates are determined. Some of the criteria are obvious like a motor vehicle report, but other criteria are not as apparent such as whether you are married or how financially stable you are. Smart consumers have a good feel for some of the elements that are used to determine your insurance rates. If you have some idea of what impacts premium levels, this allows you to make educated decisions that can earn you lower insurance prices.

Listed below are some of the most rate-impacting factors insurance companies consider when setting prices.

Exclusive versus independent insurance agencies

Some people just want to go talk to an agent and that is OK! The best thing about comparing rates online is you may find cheap insurance rates but still work with a licensed agent.

Find insurance agent in NewarkAfter filling out this quick form, the quote information gets sent to local insurance agents that give free quotes for your insurance coverage. You never need to leave your house since rate quotes are delivered instantly to you. You can find better rates AND an agent nearby. If you need to get a rate quote from a specific insurance provider, just jump over to their website and complete a quote there.

Picking an company is decision based upon more than just the quoted price. Some important questions to ask are:

Multiple types of car insurance agents in Newark

If you want to use a reliable insurance agent, it can be helpful to understand the types of insurance agents that you can select. Insurance policy providers may be either independent agents or exclusive agents.

Exclusive Insurance Agents

These agents work for only one company such as Farmers Insurance and State Farm. They are unable to shop your coverage around so always compare other rates. Exclusive agencies are well schooled on their products and sales techniques which helps them sell on service rather than price.

Listed below is a list of exclusive agents in Newark who can help you get price quotes.

217 Chestnut StNewark, NJ 07105(973) 536-2060View Map

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

681 1/2 Mt Prospect AveNewark, NJ 07104(973) 484-5772View Map

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Independent Insurance Agencies

Agents that choose to be independent often have affiliation with several companies and that gives them the ability to insure with many different companies and potentially find a lower price. If your premiums go up, the agent simply finds a different carrier and you don’t have to do anything. If you are comparing rate quotes, you need to get quotes from several independent insurance agents in order to compare the most rates.

The following are independent insurance agencies in Newark that are able to give rate quotes.

AMC Insurance Inc
Newark, NJ 07106Newark, NJ 07106(973) 373-3300View Map

Newark Cheaper Auto Insurance
11 Mulberry StNewark, NJ 07102(206) 337-9544View Map

650 Newark AveElizabeth, NJ 07208(908) 352-3623View Map

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You are unique and your car insurance should be too

When buying adequate coverage for your personal vehicles, there is no best way to insure your cars. Your needs are not the same as everyone else’s.Car insurance savings

For example, these questions may help highlight if you would benefit from an agent’s advice.

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, simply complete this short form.

What is the best auto insurance company in New Jersey?

Selecting the top company can be difficult considering how many choices you have in Newark. The ranking data shown next could help you select which car insurance companies you want to consider when comparing rate quotes.

Top 10 Newark Car Insurance Companies Ranked by Customer Satisfaction

  1. The Hartford – 93%
  2. Progressive – 90%
  3. 21st Century – 89%
  4. USAA – 87%
  5. Mercury Insurance – 87%
  6. State Farm – 87%
  7. Travelers – 87%
  8. Safeco Insurance – 86%
  9. AAA Insurance – 86%
  10. American Family – 85%

Top 10 Newark 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

Don’t give up on affordable premiums

Budget-friendly auto insurance in Newark is possible both online as well as from independent agents in Newark, and you should be comparing both to have the best selection. Some insurance companies may not offer the ability to get a quote online and these regional carriers prefer to sell through local independent agents.

Throughout this article, we presented some good ideas how you can get a better price on Chrysler Sebring insurance in Newark. The key concept to understand is the more you quote Newark car insurance, the better chance you’ll have of finding the cheapest Chrysler Sebring rate quotes. Consumers could even find that the most savings is with some of the lesser-known companies.

When you buy Newark car insurance online, make sure you don’t buy less coverage just to save a little money. In many cases, an accident victim reduced uninsured motorist or liability limits and discovered at claim time that a couple dollars of savings turned into a financial nightmare. The proper strategy is to buy enough coverage for the lowest price while not skimping on critical coverages.

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