Did you make the mistake of buying high-priced Volkswagen e-Golf insurance in Newark? Trust us, you are not the only one feeling buyer's remorse.
Amazingly, a recent NerdWallet.com study showed that the vast majority of consumers kept their policy with the same company for four years or more, and virtually 40% of consumers have never quoted car insurance rates at all. With the average car insurance premium being $2,000, New Jersey drivers could cut their rates by $716 a year by just shopping around, but most tend to underestimate the benefits if they swap their current policy for a cheaper one.
With vehicle owners having so many choices for buying cheap insurance for a Volkswagen e-Golf in Newark, it is very difficult to pick the lowest price car insurance provider.
It's important to do rate comparisons periodically due to the fact that insurance prices change frequently. If you had the lowest rates on Volkswagen e-Golf insurance in Newark at your last renewal you may be paying too much now. Forget all the misinformation about car insurance because you're about to learn how to use the internet to find better rates and still maintain coverage.
Getting quotes for the cheapest protection in Newark is not that difficult. In a nutshell, every car owner who is required to buy car insurance will probably be able to lower their premiums. But New Jersey consumers can benefit by having an understanding of how the larger insurance companies charge you for coverage because it can help you find the best coverage.
Cheapest companies for Volkswagen e-Golf insurance in New Jersey
The following companies are our best choices to provide comparison quotes in New Jersey. To find cheap auto insurance in Newark, NJ, we recommend you visit several of them to get a more complete price comparison.
Get discounts on Newark auto insurance
Not many people think insurance is cheap, but there's a good chance there are discounts that could drop your premiums quite a bit. A few discounts will automatically apply when you purchase, but a few need to be asked about before you get the savings.
- Include Life Insurance and Save - Not every insurance company offers life insurance, but if they do you may earn a lower rate if you buy a life policy as well.
- Accident Free - Insureds with no claims or accidents can save substantially in comparison to bad drivers.
- Air Bag Discount - Vehicles with factory air bags or motorized seat belts could see savings up to 30%.
- Seat Belt Usage - Requiring all passengers to use their safety belts can save up to 10 percent (depending on the company) off the PIP or medical payment premium.
- Resident Student - Kids living away from Newark attending college and don't have a car may be insured at a cheaper rate.
- Good Students Pay Less - Getting good grades may save as much as 25% on a Newark car insurance quote. This discount can apply well after school through age 25.
Discounts reduce rates, but you should keep in mind that some credits don't apply to the overall cost of the policy. Most only apply to the cost of specific coverages such as physical damage coverage or medical payments. So even though it sounds like all those discounts means the company will pay you, companies don't profit that way.
If you would like to view companies that offer many of these discounts in New Jersey, click this link.
Reduce Insurance Rates with These Tips
It's important that you understand the rating factors that go into determining your policy premiums. If you have a feel for what impacts premium levels, this allows you to make educated decisions that could result in lower premium levels. Many different elements are part of the equation when quoting car insurance. Some factors are common sense such as your driving history, but other factors are not quite as obvious such as whether you are married or your commute time.
Bundle policies and save money - Many auto insurance companies provide lower prices to policyholders that have more than one policy, otherwise known as a multi-policy discount. Even with this discount applied, you still need to comparison shop to guarantee you are still saving the most.
Rates can be impacted by your job - Careers like real estate brokers, architects, and emergency personnel generally pay higher average rates because of stressful work requirements and lengthy work days. On the flip side, careers such as actors, historians and the unemployed have lower than average premiums.
Buy as much liability as you can afford - Liability coverage is the coverage that protects you if you are found to be at fault for causing personal injury or damage in an accident. Liability provides you with a defense in court to defend your case. Liability insurance is quite affordable compared to comp and collision, so drivers should make sure they buy enough to cover all assets.
Get hitched and get better costs - Having a significant other may cut your premiums on your policy. Having a significant other translates into being more mature than a single person and it's proven that being married results in fewer claims.
Can't I compare prices from local Newark insurance agents?
Certain consumers still like to buy from a licensed agent and we recommend doing that One of the best bonuses of comparing rates online is that you can find better rates but also keep your business local. Buying from and supporting local agents is important especially in Newark.
Upon completion of this quick form, your coverage information is emailed to local insurance agents in Newark that can provide free Newark car insurance quotes to get your business. It simplifies rate comparisons since you won't have to search for an agent as quotes are delivered directly to you. Get lower rates AND a local agent. If you need to get a price quote from a specific insurance company, just find their quoting web page and complete a quote there.
The difference between Newark car insurance agents
If you want to buy car insurance from a local insurance agency, it's important to understand the different types of agents and how they can write your policy. Insurance agencies in Newark can either be independent or exclusive.
Independent Car Insurance Agents (or Brokers)
Agents that elect to be independent are not limited to a single company and that allows them to write policies through lots of different companies and help determine which has the cheapest rates. If your agent finds better pricing, they simply move your policy to a different company and you don't have to find a new agent.
If you are comparing car insurance prices, you absolutely need to compare prices from at a minimum one independent agency to maximize your price options.
Below is a short list of independent insurance agencies in Newark that may be able to give pricing information.
Ed Young Agency
942 S Orange Ave - Newark, NJ 07106 - (973) 375-0003 - View Map
George H Nixon Agency
54 Grumman Ave - Newark, NJ 07112 - (973) 923-3721 - View Map
Exclusive Car Insurance Agencies
Exclusive insurance agents can usually just insure with one company and examples are State Farm, Allstate, and Farm Bureau. These agents are unable to give you multiple price quotes so keep that in mind. These agents are usually quite knowledgeable on their company's products which can be an advantage.
Listed below are exclusive agencies in Newark willing to provide price quote information.
Picking a car insurance agent needs to be determined by more than just a low price. Agents should be asked these questions:
- Which companies can they place coverage with?
- Are aftermarket or OEM parts used to repair vehicles?
- Is the agent and/or agency licensed to do business in New Jersey?
- Where are claims handled?
- How are they compensated?
- What are their preferred companies if they are an independent agency?
- Are they giving you every discount you deserve?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
A little work can save a LOT of money
Cheaper Volkswagen e-Golf insurance in Newark is available both online and from local insurance agents, and you should compare price quotes from both to have the best selection. A few companies may not provide price quotes online and most of the time these small, regional companies prefer to sell through independent agents.
We just presented a lot of information how to compare Volkswagen e-Golf insurance premium rates in Newark. The key concept to understand is the more quotes you get, the higher the chance of saving money. Consumers may even find the most savings is with a small local company. Smaller companies may often insure only within specific states and give better rates than the large multi-state companies such as Progressive or GEICO.
As you go through the steps to switch your coverage, it's not a good idea to skimp on coverage in order to save money. There have been many cases where someone sacrificed uninsured motorist or liability limits to discover at claim time that the few dollars in savings costed them thousands. Your goal is to buy a smart amount of coverage at an affordable rate, but do not sacrifice coverage to save money.
How to buy lower priced Volkswagen e-Golf insurance in Newark
The preferred way to find affordable Volkswagen e-Golf insurance in Newark is to start doing an annual price comparison from companies who can sell car insurance in New Jersey.
First, spend a few minutes and learn about coverages and the things you can control to prevent expensive coverage. Many rating criteria that cause high rates like inattentive driving and poor credit history can be improved by being financially responsible and driving safely.
Second, request price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can give quotes from one company like GEICO or Allstate, while independent agencies can quote prices for a wide range of companies.
Third, compare the new quotes to your existing coverage and see if there is a cheaper rate in Newark. If you can save money and change companies, make sure there is no lapse between the expiration of your current policy and the new one.
Fourth, give notification to your current company of your decision to cancel your current policy and submit the application along with any required down payment to the newly selected company. Make sure you store the certificate of insurance above your visor, in the console, or in the glove compartment.
The most important part of this process is to try to compare identical deductibles and limits on each quote and to quote with as many different insurance providers as possible. Doing this enables a fair price comparison and a good representation of prices.
Additional detailed information is available in the articles below:
- How to Avoid Common Accidents (State Farm)
- What Insurance is Cheapest for a Mazda CX-7 in Newark? (FAQ)
- Who Has Affordable Car Insurance for a Toyota RAV4 in Newark? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for Drivers Requiring a SR22 in Newark? (FAQ)
- Who Has Cheap Car Insurance Rates for a Jeep Grand Cherokee in Newark? (FAQ)
- Who Has Affordable Auto Insurance for State Employees in Newark? (FAQ)
- Vehicle Insurance (Wikipedia)
- Rental Reimbursement Coverage (Allstate)
- What Determines the Price of My Auto Insurance Policy? (Insurance Information Institute)
- Insurance losses by make and model (Insurance Institute for Highway Safety)