If saving the most money is your goal, then the best way to get discount auto insurance rates is to compare quotes once a year from insurers in Newark.
First, it will benefit you to learn about what is in your policy and the changes you can make to lower rates. Many factors that result in higher prices like accidents, traffic violations, and a negative credit score can be rectified by making small lifestyle or driving habit changes. This article gives ideas to prevent high rates and find additional discounts.
Second, compare rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only provide price estimates from a single company like GEICO or Allstate, while agents who are independent can quote rates from multiple companies.
Third, compare the new rate quotes to the premium of your current policy and determine if there is any savings. If you find a better price, make sure coverage is continuous and does not lapse.
The key thing to know about shopping around is to compare the same level of coverage on every price quote and and to get rate quotes from all possible companies. This helps ensure an apples-to-apples comparison and a thorough price selection.
It’s safe to assume that insurance companies don’t want you to compare rates. Drivers who shop around for cheaper prices will most likely switch companies because there are good odds of finding a cheaper policy. Remarkably, a study showed that people who regularly shopped around saved an average of $72 a month as compared to drivers who don’t regularly compare prices.
If saving the most money on insurance is your goal, understanding the best ways to shop for cheaper coverage can save time and make the process easier.
Best companies for competitive Toyota Prius V insurance in New Jersey
The auto insurance companies shown below are ready to provide free rate quotes in Newark, NJ. If you want to find the best cheap auto insurance in Newark, it’s a good idea that you visit several of them in order to find the lowest rates.
Score discounts on Newark car insurance
Car insurance is easily one of your largest bills, but you might find some hidden discounts to help offset the cost. Many discounts should be triggered at quote time, but some may not be applied and must be manually applied before they will apply.
- Defensive Driver – Participating in a defensive driver course may get you a small discount if you qualify.
- Professional Organizations – Belonging to a qualifying organization is a good way to get lower rates when shopping for car insurance.
- Passive Restraints – Cars that have air bags and/or automatic seat belt systems can receive discounts as much as 30%.
- Good Students Pay Less – Performing well in school can save 20 to 25%. Most companies allow this discount well after school through age 25.
- Newark Homeowners Pay Less – Just owning your own home may earn you a small savings due to the fact that maintaining a home is proof of financial responsibility.
- Anti-lock Brake Discount – Vehicles with ABS and/or traction control have fewer accidents and earn discounts up to 10%.
- Multi-line Discount – Insurance companies who offer life insurance give better prices if you take out some life insurance too.
A little disclaimer on discounts, many deductions do not apply to all coverage premiums. A few only apply to the price of certain insurance coverages like medical payments or collision. Despite the fact that it seems like all the discounts add up to a free policy, it just doesn’t work that way. Any amount of discount will positively reduce your premiums.
A few of the larger companies and their offered discounts can be read below.
- Farm Bureau policyholders can earn discounts including youthful driver, safe driver, good student, driver training, and multi-vehicle.
- Liberty Mutual may include discounts for new move discount, multi-car, preferred payment discount, multi-policy, newly retired, and safety features.
- State Farm has discounts for defensive driving training, passive restraint, anti-theft, safe vehicle, and accident-free.
- Auto-Owners Insurance offers premium reductions for safe driver, anti-lock brakes, safe vehicle, good student, anti-theft, and student away at school.
- GEICO offers discounts including daytime running lights, membership and employees, five-year accident-free, air bags, military active duty, and anti-lock brakes.
- SAFECO includes discounts for anti-lock brakes, accident prevention training, anti-theft, multi-car, teen safe driver, and safe driver.
When getting free Newark car insurance quotes, it’s a good idea to each company to give you their best rates. Some credits may not apply to policies in Newark. If you would like to choose from a list of car insurance companies who offer free Toyota Prius V insurance quotes in Newark, follow this link.
Will just any policy work for me?
When buying your policy for your vehicles, there really is no “best” method to buy coverage. Your needs are not the same as everyone else’s.
For example, these questions can help discover whether you would benefit from professional advice.
- Is there coverage for my trailer?
- How much liability do I need to cover my assets?
- How do I buy GAP insurance?
- Do I need more liability coverage?
- What is the ISO rating for a Toyota Prius V?
- What is roadside assistance coverage?
- Is a new car covered when I drive it off the dealer lot?
- Does liability extend to a camper or trailer?
- If my Toyota Prius V is totaled, can I afford another vehicle?
If you can’t answer these questions then you might want to talk to an agent. To find lower rates from a local agent, complete this form.
You may require the services of a local insurance agent
A small number of people prefer to sit down and talk to an agent and that is just fine! A good thing about getting online price quotes is that drivers can save money and get cheaper rates and also buy local.
To help locate an agent, after submitting this simple form, your insurance data is transmitted to companies in Newark who want to provide quotes for your auto insurance coverage. It’s much easier because you don’t need to leave your house since price quotes are sent to you directly. You can most likely find cheaper rates AND an agent nearby. If you need to get a rate quote from a particular provider, feel free to search and find their rate quote page and complete a quote there.
Finding a good insurance company should depend on more than just the price. These are some questions your agent should answer.
- How many years have they been established?
- Is assistance available after office hours?
- Do they specialize in personal lines coverage in Newark?
- Do the coverages you’re quoting properly cover your vehicle?
- Which members of your family are coverage by the policy?
- Do they offer rental car reimbursement?
- How long have they worked with personal auto insurance coverage?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
Compare rates from both independent and exclusive auto insurance agents
When finding a good Newark insurance agent, there are a couple of types of insurance agents that differ in how they can insure your vehicles. Auto insurance agencies are categorized either independent agents or exclusive agents depending on their employer.
Exclusive Auto Insurance Agents
Agents that choose to be exclusive can only provide pricing for a single company like State Farm or Allstate. Exclusive agents are unable to provide prices from multiple companies so they really need to provide good service. Exclusive agents are well schooled on sales techniques which can be an advantage. Some consumers prefer to buy insurance from these agents partially due to loyalty to the company and the convenience of having all coverages with one company.
The following is a list of exclusive insurance agents in Newark that are able to give price quote information.
- Allstate Insurance: Celia Caro
66 Wilson Ave – Newark, NJ 07105 – (973) 690-6400 – View Map - State Farm Insurance
360 Chestnut St – Newark, NJ 07105 – (800) 701-5909 – View Map - State Farm: Greg Daniels
681 1/2 Mt Prospect Ave – Newark, NJ 07104 – (973) 484-5772 – View Map
Independent Agents (or Brokers)
Agents that choose to be independent often have affiliation with several companies so they have the ability to put coverage with lots of companies and potentially find a lower price. To transfer your coverage to a different company, they simply move the coverage in-house and you can keep the same agent. When comparing auto insurance rates, you need to include rate quotes from a few independent agents to maximize your price options. Many can place coverage with companies you’ve never heard of which can be an advantage.
The following is a list of independent insurance agents in Newark who can help you get price quote information.
- Morais Insurance Agency, Inc.
217 Ferry St – Newark, NJ 07105 – (973) 344-2000 – View Map - METROPLUS INSURANCE AGENCY
1423 McCarter Hwy – Newark, NJ 07104 – (973) 732-3794 – View Map - Collection Agency BandA
744 Broad St #1903 – Newark, NJ 07102 – (862) 218-0319 – View Map
After getting answers to your satisfaction to your questions and an affordable coverage quote, you have narrowed it down to an insurance agent that will adequately provide auto insurance. But remember, it’s your coverage and you can terminate coverage when you choose so don’t assume that you’re stuck with a policy for the full term.
Car insurance company ratings
Selecting a highly-rated car insurance provider is difficult considering how many companies there are to choose from in Newark. The rank data below may help you select which auto insurance companies you want to consider purchasing coverage from.
Top 10 Newark Car Insurance Companies Ranked by Value
- The Hartford
- Mercury Insurance
- Farmers Insurance
- Safeco Insurance
- AAA Insurance
- 21st Century
- Travelers
- State Farm
- Progressive
- American Family
You can find affordable coverage
When buying insurance coverage, don’t be tempted to skimp on critical coverages to save a buck or two. In many instances, an accident victim reduced comprehensive coverage or liability limits and found out when filing a claim that it was a big error on their part. The proper strategy is to buy enough coverage at the lowest possible cost while still protecting your assets.
In this article, we presented some good ideas how you can get a better price on Toyota Prius V insurance in Newark. The key concept to understand is the more providers you compare, the higher the chance of saving money. Drivers may even discover the best rates are with a smaller regional carrier.
Lower-priced insurance in Newark can be bought from both online companies and also from your neighborhood Newark agents, so you should compare both to get a complete price analysis. Some insurance companies may not provide online rate quotes and usually these regional carriers provide coverage only through independent insurance agents.
To learn more, link through to the articles below:
- Auto Insurance 101 (About.com)
- Who Has the Cheapest Car Insurance Quotes for a School Permit in Newark? (FAQ)
- Who Has the Cheapest Newark Car Insurance Rates for a Honda Civic? (FAQ)
- Safety Tips for Teen Drivers (Insurance Information Institute)
- Comprehensive Coverage (Liberty Mutual)
- Air Bags: Potential Dangers to Your Children (Insurance Information Institute)