Best Insurance for a Saturn VUE in Newark

Truthfully, the best way to find affordable quotes for Saturn VUE insurance in Newark is to annually compare prices from insurers who provide auto insurance in New Jersey.

First, read about car insurance and the measures you can take to keep rates in check. Many factors that increase rates like traffic citations, accidents, and an imperfect credit rating can be eliminated by making lifestyle changes or driving safer.

Second, compare price quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only provide price estimates from one company like GEICO or Farmers Insurance, while agents who are independent can provide rate quotes for a wide range of insurance providers. View insurance agents

Third, compare the new rate quotes to your current policy and see if there is a cheaper rate in Newark. If you can save some money and buy the policy, make sure the effective date of the new policy is the same as the expiration date of the old one.

Fourth, tell your current company of your intention to cancel your existing policy. Submit payment along with a signed and completed policy application to the new insurer. As soon as you have the new policy, store the certificate verifying proof of insurance along with the vehicle’s registration papers.

One thing to point out is to use identical limits and deductibles on every price quote and and to compare as many car insurance companies as possible. Doing this helps ensure an accurate price comparison and a good representation of prices.

Astonishing but true according to a recent study, a large majority of car insurance policyholders in New Jersey have stayed with the same insurance company for at least four years, and just under half have never quoted rates to find cheap coverage. Many consumers in America could save $860 each year by just shopping around, but most tend to underestimate how much savings they would realize if they switch to a new company.

Quoting affordable insurance in Newark can be fairly easy. Just about every vehicle owner who is looking for cheaper insurance will be able to reduce their rates. Nevertheless, New Jersey consumers do need to learn how big insurance companies calculate their prices because rates are impacted by many factors.

Many insurance companies such as Progressive, GEICO, Allstate and State Farm make it easy to get prices directly from their websites. Comparing prices online for Saturn VUE insurance in Newark is pretty easy as you simply type in your coverage preferences into the quote form. After you submit the form their system makes automated requests for your driving record and credit report and returns a price. The ability to get online rates for Saturn VUE insurance in Newark helps simplify price comparisons, and it is important to get many rate quotes if you want to find cheap prices.

To quickly compare pricing, take a look at the companies shown below. If you currently have coverage, we recommend you replicate the limits and deductibles identical to your current policy. This way, you will have a fair comparison using the exact same coverages.

The providers in the list below are ready to provide price quotes in Newark, NJ. If you wish to find cheap car insurance in Newark, we recommend you visit as many as you can in order to get a fair rate comparison.

Best reasons to buy auto insurance in New Jersey

Despite the high cost of buying insurance for a Saturn VUE in Newark, buying auto insurance may not be optional for several reasons.

First, the majority of states have compulsory liability insurance requirements which means state laws require specific limits of liability insurance if you don’t want to risk a ticket. 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 your vehicle has a loan, more than likely the lender will have a requirement that you have comprehensive coverage to guarantee their interest in the vehicle. If you let the policy lapse, the bank may insure your Saturn for a lot more money and force you to pay for the expensive policy.

Third, insurance safeguards your vehicle and your assets. It will also provide coverage for hospital and medical expenses incurred in an accident. Liability coverage, the one required by state law, also covers legal expenses if you are sued as the result of an accident. If your vehicle suffers damage from an accident or hail, comprehensive (other-than-collision) and collision coverage will pay to have it repaired.

The benefits of having auto insurance more than cancel out the cost, particularly when you have a large claim. According to a 2015 survey, the average American driver is overpaying more than $700 annually so you should quote and compare rates every year to make sure the price is not too high.

Rate information and statistics

The data table shown next covers estimates of insurance prices for Saturn VUE models. Learning how insurance prices are calculated can benefit drivers when making smart choices when buying a car insurance policy.

Cost estimates assume married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and New Jersey minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, safe-driver, and claim-free. Prices do not factor in Newark location which can increase or decrease prices significantly.

Can higher deductibles save money?

When buying car insurance, a common question is how low should you set your deductibles. The figures shown below help summarize the difference in cost between high and low physical damage deductibles. The first rate estimation uses a $250 deductible for comp and collision and the second price grid uses a $500 deductible.

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-policy, homeowner, multi-vehicle, and safe-driver. Prices do not factor in specific location which can influence rates substantially.

We can derive from the above data that using a $250 deductible will cost you roughly $18 more each month or $216 annually than buying the higher $500 deductible. Since you would pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you tend to have at least 14 months between claims, you would probably come out ahead by selecting a higher deductible.

The illustration below shows how choosing a deductible and can raise or lower Saturn VUE insurance prices for different age groups. The price estimates are based on a single male driver, full physical damage coverage, and no discounts are applied to the premium.

Illustration showing the impact of accidents and violations

The chart below illustrates how violations and at-fault accidents can affect Saturn VUE premium costs for different ages of insureds. The rate quotes are based on a single female driver, comp and collision included, $500 deductibles, and no other discounts are factored in.

Liability only or full coverage

The illustration below visualizes the comparison of Saturn VUE insurance costs when comparing full coverage to liability only. The premiums assume no accidents, no driving violations, $500 deductibles, drivers are not married, and no additional discounts are factored in.

When to stop paying for full coverage

There isn’t a written rule of when to exclude physical damage insurance, but there is a guideline you can use. If the annual cost of your full coverage insurance is more than about 10% of the vehicle’s replacement cost less your deductible, then it might be time to consider dropping full coverage.

For example, let’s assume your Saturn VUE settlement value is $6,000 and you have $1,000 policy deductibles. If your vehicle is totaled, you would only receive $5,000 after the deductible is paid. If you are currently paying more than $500 a year to have full coverage, then it’s probably a good time to buy liability coverage only.

There are some conditions where removing full coverage is not recommended. If you haven’t satisfied your loan, you are required to maintain full coverage to protect the lienholder’s interest. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should keep full coverage.

Verify you’re receiving every discount

Some companies do not list every available discount very well, so the list below contains a few of the more well known in addition to some of the lesser obvious credits that you can use to lower your rates.

• Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems can help prevent theft and can earn a small discount on your policy.
• Save with a New Car – Buying insurance on a new vehicle may earn a small discount due to better safety requirements for new vehicles.
• Paperless Signup – A few larger online companies give back up to $50 for buying a policy and signing up on the web.
• Driving Data Discount – Drivers that enable their car insurance company to monitor driving patterns by using a telematics device such as Allstate’s Drivewise and State Farm’s In-Drive system might get better premium rates if their driving habits are good.
• Drivers Ed for Students – Cut your cost by having your teen driver enroll in driver’s education in school.
• Discount for Life Insurance – If the company offers life insurance, you could get a discount if you purchase life insurance from them.
• Passive Restraints – Factory air bags can qualify for discounts of more than 20%.
• Accident Forgiveness Coverage – Not necessarily a discount, but companies like State Farm and GEICO allow you one accident without getting socked with a rate hike as long as you don’t have any claims prior to being involved in the accident.
• Switch and Save Discount – Some companies give discounts for signing up before your current VUE insurance policy expires. It could save around 10% when you buy Newark car insurance online.

A little note about advertised discounts, many deductions do not apply to the entire cost. Most only reduce individual premiums such as collision or personal injury protection. So despite the fact that it appears all those discounts means the company will pay you, nobody gets a free ride.

The chart below visualizes the comparison of Saturn VUE yearly insurance costs with and without discounts applied to the policy rates. The data is based on a male driver, a clean driving record, no claims, New Jersey state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, homeowner, marriage, claim-free, multi-policy, and safe-driver discounts applied.

A few companies that possibly offer some of the discounts shown above are:

• State Farm
• GEICO
• Liberty Mutual
• The Hartford
• MetLife
• Progressive

If you need low cost Newark car insurance quotes, ask each insurance company what discounts are available to you. Some discounts may not apply everywhere. To locate insurance companies who offer discounts in Newark, click here.

Compare rate quotes but buy from a local Newark insurance agent

Many drivers just prefer to buy from a local agent and that can be a great decision One of the great benefits of comparing auto insurance online is that you can obtain lower rates and also buy local. Putting coverage with local agencies is still important in Newark.

To make it easy to find an agent, after completing this short form, the quote information is transmitted to agents in your area that give free quotes and help you find cheaper coverage. It simplifies rate comparisons since you won’t have to visit any agencies since price quotes are sent to the email address you provide. You can find better rates without having to waste a lot of time. If for some reason you want to compare rates from a particular provider, you can always jump over to their website and fill out the quote form the provide.

If you want to use a local Newark insurance agent, you should know the different types of agents from which to choose. Agents may be either independent or exclusive.

Independent Insurance Agents

Independent insurance agents can quote rates with many companies so they can insure your vehicles with multiple insurance companies and get the cheapest rates. To transfer your coverage to a different company, they simply switch companies in-house which is easy for the insured.

If you are comparing auto insurance prices, you need to get rate quotes from at least one independent agent to have the best price comparison.

Below are Newark independent agencies who may provide free auto insurance rate quotes.

View more agents

Exclusive Auto Insurance Agencies

These type of agents normally can only provide a single company’s rates such as Allstate and State Farm. They usually cannot place coverage with different providers so they have to upsell other benefits. Exclusive insurance agents receive extensive training on what they offer which helps offset the inability to provide other markets.

The following is a short list of exclusive insurance agents in Newark that are able to give price quotes.

View more agents

Selecting a insurance agent should include more criteria than just a cheap price quote. The following questions are important to ask.

• Is insurance their full-time profession?
• Does the agent have professional designations like CIC, CPCU or AIC?
• When do they do policy reviews?
• Is the agency active in community causes in Newark?
• What discounts might you be missing?
• Is the agent properly licensed in New Jersey?
• If they are an independent agency in Newark, which companies do they recommend?
• Did they already check your driving record and credit reports?

Best auto insurance company in Newark

Buying coverage from a good quality insurance provider can be difficult considering how many choices there are in Newark. The ranking data listed below may help you pick which auto insurers to look at shopping prices 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 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

How much can you save?

When searching for inexpensive Newark car insurance quotes, it’s not a good idea to skimp on critical coverages to save a buck or two. There have been many situations where an insured dropped liability coverage limits only to regret at claim time that a couple dollars of savings turned into a financial nightmare. Your goal is to find the BEST coverage at the lowest possible cost but still have enough coverage for asset protection.

Throughout this article, we presented many ideas to save on Saturn VUE insurance in Newark. The key thing to remember is the more companies you get rates for, the better chance you’ll have of finding affordable Saturn VUE insurance quotes. Consumers may even find the biggest savings come from the least-expected company. These smaller insurers may only write in your state and offer lower rates than their larger competitors like Progressive or GEICO.

Budget-friendly car insurance in Newark can be bought from both online companies as well as from independent agents in Newark, and you should compare rates from both to get a complete price analysis. Some insurance companies do not provide online rate quotes and usually these smaller providers work with independent agents.

Helpful resources

• Cellphones, Texting and Driving (iihs.org)
• How Much is Auto Insurance for a Toyota Tacoma in Newark? (FAQ)
• Who Has Affordable Auto Insurance for State Employees in Newark? (FAQ)
• What Auto Insurance is Cheapest for Drivers with a DUI in Newark? (FAQ)
• How to Avoid Staged Accidents (State Farm)
• Distracted Driving Extends Beyond Texting (State Farm)