It’s safe to conclude that insurance companies want to prevent you from shopping around. Consumers who compare other rates will, in all likelihood, move their business because they have good chances of finding a policy with more affordable rates. A recent survey discovered that drivers who compared rates regularly saved an average of $3,400 over four years compared to those who don’t regularly compare prices.
If finding budget-friendly rates on car insurance in Newark is your objective, learning how to shop and compare coverage rates can make it simple to find affordable coverage.
It takes a little time, but the best way to get low-cost Honda Accord Crosstour insurance in Newark is to make a habit of comparing prices annually from different companies who can sell car insurance in New Jersey.
- First, spend a few minutes and learn about how your policy works and the things you can control to keep rates in check. Many rating factors that drive up the price such as high-risk driving behaviors and a not-so-good credit score can be improved by making lifestyle changes or driving safer. Read the full article for additional tips to help prevent high rates and find missing discounts.
- Second, compare prices from direct, independent, and exclusive agents. Exclusive and direct companies can only give rate quotes from one company like Progressive and State Farm, while agents who are independent can quote prices from multiple sources.
- Third, compare the new rate quotes to the premium of your current policy to determine if switching companies saves money. If you can save some money and buy the policy, make sure there is no coverage gap between policies.
One key aspect of rate comparisons is to compare identical limits and deductibles on each quote request and and to look at as many companies as possible. This enables a fair rate comparison and a thorough selection of prices.
The purpose of this post is to instruct you on how to get online quotes. If you are paying for car insurance now, you stand a good chance to be able to get lower rates using the concepts covered in this article. Drivers only need an understanding of how to buy car insurance on the web.
Most of the larger companies give price estimates direct online. Doing online price comparisons for Honda Accord Crosstour insurance in Newark is very simple as you just enter your required coverages into the quote form. Once you submit the form, the quote system collects credit information and your driving record and generates a price based on many factors.
Quoting online for Honda Accord Crosstour insurance in Newark makes it easy to compare insurance prices and it’s very important to compare as many rates as possible in order to find affordable car insurance pricing.
In order to find out what other companies charge, compare rates now from the companies shown below. To compare your current rates, we recommend you duplicate your coverages exactly as they are listed on your policy. This makes sure you’re receiving a fair comparison for similar coverage.
The providers in the list below are our best choices to provide price quotes in Newark, NJ. If you want the cheapest auto insurance in New Jersey, we suggest you compare several of them in order to find the cheapest rates.
Get cheaper Honda Accord Crosstour insurance rates in Newark
Some companies don’t always publicize every available discount very well, so the below list has both well-publicized and the harder-to-find credits available to bring down your rates. If you are not receiving all the discounts you deserve, you are paying more than you should be.
- Save over 55 – Seniors may be able to get lower premium rates.
- Good Student – A discount for being a good student can earn a discount of 20% or more. Many companies even apply the discount to college students well after school through age 25.
- Military Rewards – Being deployed with a military unit may qualify for rate reductions.
- No Accidents – Drivers with accident-free driving histories can save substantially in comparison with bad drivers.
- Life Insurance Discount – Some insurance carriers give a lower price if you buy a life insurance policy as well.
- Discount for Passive Restraints – Factory air bags can get savings of 20% or more.
- Student Discount for Driver Training – Teen drivers should successfully take a driver’s education course if it’s offered in school.
- Safe Driver Discounts – Safe drivers can get discounts for up to 45% lower rates compared to rates paid by drivers with frequent claims.
A little note about advertised discounts, most of the big mark downs will not be given to the overall cost of the policy. The majority will only reduce specific coverage prices like collision or personal injury protection. Just because it seems like you could get a free auto insurance policy, you’re out of luck. Any amount of discount will bring down your policy cost.
The diagram below illustrates the difference between Honda Accord Crosstour car insurance costs with and without policy discounts. The premiums assume a female driver, no accidents or driving violations, New Jersey state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, marriage, homeowner, claim-free, and safe-driver discounts applied.
A list of companies and the discounts they provide include:
- 21st Century may include discounts for theft prevention, early bird, defensive driver, driver training, and good student.
- State Farm policyholders can earn discounts including passive restraint, multiple policy, Drive Safe & Save, Steer Clear safe driver discount, driver’s education, and defensive driving training.
- AAA has discounts for pay-in-full, AAA membership discount, anti-theft, education and occupation, good driver, and multi-policy.
- Liberty Mutual offers discounts including hybrid vehicle, newly retired, exclusive group savings, multi-car, safety features, and preferred payment discount.
- Progressive discounts include online quote discount, multi-policy, multi-vehicle, continuous coverage, and good student.
It’s a good idea to ask each company or agent which credits you are entitled to. Depending on the company, some discounts may not be offered in Newark. To locate auto insurance companies that can offer you the previously mentioned discounts in New Jersey, click this link.
Rates and statistics
The table below highlights estimates of insurance prices for Honda Accord Crosstour models. Being able to understand how car insurance prices are determined can assist in making smart choices when selecting a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Accord Crosstour EX 2WD | $286 | $520 | $564 | $34 | $170 | $1,574 | $131 |
| Accord Crosstour EX-L 2WD | $286 | $520 | $564 | $34 | $170 | $1,574 | $131 |
| Accord Crosstour EX-L 4WD | $322 | $612 | $564 | $34 | $170 | $1,702 | $142 |
| Accord Crosstour EX-L Navigation 2WD | $322 | $612 | $564 | $34 | $170 | $1,702 | $142 |
| Accord Crosstour EX-L Navigation 4WD | $322 | $612 | $564 | $34 | $170 | $1,702 | $142 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and New Jersey minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Prices do not factor in zip code location which can influence rates considerably.
Deductible comparison
One of the most common auto insurance questions is how high should the physical damage coverage deductibles be. The following insurance rates determine the premium difference when you buy lower versus higher deductibles. The first data table uses a $100 deductible for physical damage and the second pricing table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Accord Crosstour EX 2WD | $414 | $746 | $600 | $36 | $180 | $2,001 | $167 |
| Accord Crosstour EX-L 2WD | $414 | $746 | $600 | $36 | $180 | $2,001 | $167 |
| Accord Crosstour EX-L 4WD | $466 | $880 | $600 | $36 | $180 | $2,187 | $182 |
| Accord Crosstour EX-L Navigation 2WD | $466 | $880 | $600 | $36 | $180 | $2,187 | $182 |
| Accord Crosstour EX-L Navigation 4WD | $466 | $880 | $600 | $36 | $180 | $2,187 | $182 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Accord Crosstour EX 2WD | $230 | $394 | $600 | $36 | $180 | $1,440 | $120 |
| Accord Crosstour EX-L 2WD | $230 | $394 | $600 | $36 | $180 | $1,440 | $120 |
| Accord Crosstour EX-L 4WD | $258 | $464 | $600 | $36 | $180 | $1,538 | $128 |
| Accord Crosstour EX-L Navigation 2WD | $258 | $464 | $600 | $36 | $180 | $1,538 | $128 |
| Accord Crosstour EX-L Navigation 4WD | $258 | $464 | $600 | $36 | $180 | $1,538 | $128 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Premium costs do not factor in specific garaging location which can impact coverage prices substantially.
Based on the data above, we can derive that using a $100 deductible will cost you approximately $51 more each month or $612 for a full year averaged for all Accord Crosstour models than selecting the higher $1,000 deductible. Because you would be required to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you average at a minimum 18 months between claims, you would save more money going with the higher deductible. The table below illustrates an example of how you can decide this on your own policy.
| Average monthly premium for $100 deductibles: | $176 |
| Average monthly premium for $1,000 deductibles (subtract): | – $125 |
| Monthly savings from raising deductible: | $51 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $51 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 18 months |
One important caveat is that raising deductibles to save money means you will have to pay more out-of-pocket when you do file a claim. That will necessitate some savings in the event you have to pay the deductible.
The illustration below illustrates how choosing a deductible and can change Honda Accord Crosstour insurance costs for different categories of driver ages. Data assumes a married female driver, comprehensive and collision coverage, and no discounts are factored in.
How accidents and violations affect rates
The diagram below demonstrates how traffic citations and at-fault accidents raise Honda Accord Crosstour insurance rates for each age group. Data assumes a single male driver, comprehensive and collision coverage, $100 deductibles, and no discounts are applied to the premium.
Auto insurance premiums based on gender
The example below visualizes the comparison of Honda Accord Crosstour yearly insurance costs for male and female drivers. The information is based on no tickets, no at-fault accidents, comp and collision included, $100 deductibles, drivers are single, and no discounts are taken into consideration.
Difference between liability only and full coverage rates
The illustration below compares Honda Accord Crosstour yearly insurance costs when comparing full coverage to liability only. The prices are based on no violations or claims, $100 deductibles, drivers are not married, and no discounts are applied.
When to drop comprehensive and collision coverage
There isn’t a written rule of when to drop full coverage, but there is a broad guideline. If the annual cost of coverage is more than 10% of any settlement you would receive from your insurance company, then it may be the right time to buy liability only.
For example, let’s say your Honda Accord Crosstour replacement cost is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $3,000 after the policy deductible has been paid. If premiums are more than $300 annually for full coverage, then it’s probably a good time to buy liability coverage only.
There are some cases where dropping physical damage coverage is not financially feasible. If you have an outstanding loan on your vehicle, you have to carry full coverage to protect the lienholder’s interest in the vehicle. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should maintain full coverage.
Neighborhood agents and auto insurance
A lot of people would rather talk to a local agent and doing so can bring peace of mind Most agents are very good at helping people manage risk and will help you if you have claims. One of the benefits of getting online price quotes is that you can find cheaper rates and still buy from a local agent. And supporting neighborhood insurance agencies is important particularly in Newark.
Once you complete this short form, your information gets sent to agents in your area who will gladly provide quotes to get your business. It makes it easy because there is no need to search for any insurance agencies since rate quotes are delivered to you. If you need to compare prices for a specific company, you just need to search and find their rate quote page and fill out the quote form the provide.
If you are wanting to find a local insurance agency, it’s important to understand the different agency structures to choose from. Auto insurance agents in Newark may be either exclusive or independent. Either can properly insure your vehicles, but it is a good idea to know the subtle differences since it can affect which agent you choose.
Independent Agents
Agents that elect to be independent do not write with just one company so they have the ability to put coverage with lots of companies depending on which coverage is best. If you want to switch companies, your agent can switch companies and you don’t have to do anything. When comparing rates, you absolutely need to get insurance quotes from several independent insurance agents to maximize your price options. A lot of them also have access to small regional insurance companies which can save you money.
The following is a list of independent insurance agencies in Newark that can possibly get you free rate quotes.
- Knight Insurance Consulting Group
454 Washington St – Newark, NJ 07102 – (973) 704-1024 – View Map - ESTIR Inc
326 Bloomfield Ave – Newark, NJ 07107 – (973) 481-5300 – View Map - Arabo Insurance Group Inc
675 Bergen St – Newark, NJ 07108 – (973) 391-9595 – View Map
Exclusive Insurance Agents
Agents that choose to be exclusive normally can only provide a single company’s rates such as Allstate, Farmers Insurance or State Farm. Exclusive agents cannot compare other company’s rates so if the price isn’t competitive there isn’t much they can do. Exclusive agents receive extensive training on their company’s products which helps them sell on service rather than price. Consumers frequently choose to use an exclusive agent primarily because of the brand rather than having the cheapest rates.
Listed below are exclusive agents in Newark that can give you price quotes.
- Farmers Insurance: Anthony Pugliese
217 Chestnut St – Newark, NJ 07105 – (973) 536-2060 – View Map - Allstate Insurance: Celia Caro
66 Wilson Ave – Newark, NJ 07105 – (973) 690-6400 – View Map - State Farm: Greg Daniels
681 1/2 Mt Prospect Ave – Newark, NJ 07104 – (973) 484-5772 – View Map
Choosing an insurance agency is decision based upon more than just the bottom line cost. Any agent in Newark should be forthright in answering these questions:
- Which insurance companies are they affiliated with?
- Are there any extra charges for paying monthly?
- How many years of experience in personal auto insurance do they have?
- Can you contact them at any time?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- Is vehicle mileage a factor when determining depreciation for repairs?
- Are they actively involved in the community?
- Do the companies they represent have a solid financial rating?
Honda Accord Crosstour Insurance Price Factors
It’s important that you understand a few of the rating criteria that go into determining your policy premiums. If you have some idea of what impacts premium levels, this allows you to make educated decisions that may reward you with lower premium levels. Lots of things are used in the calculation when pricing auto insurance. Some factors are common sense like a motor vehicle report, but other criteria are not as apparent like your continuous coverage or your commute time.
- Your liability coverage limits – Liability coverage provides coverage if you are responsible for personal injury or accident damage. Liability provides legal defense up to the limits shown on your policy. Liability is cheap compared to insuring for physical damage coverage, so buy as much as you can afford.
- Do you save by driving less? – The higher the miles on your Honda annually the higher your rate. Most companies price each vehicle’s coverage based upon how much you drive. Vehicles that do not get driven very much can get a lower rate than those that get driven frequently. It’s always a good idea to double check that your policy properly reflects the correct usage. Having the wrong rating on your Accord Crosstour may be costing you.
- Discounts for married drivers – Being married can get you a discount on your car insurance policy. It usually means you are more stable financially and statistics prove being married results in fewer claims.
- Lower car insurance rates with alarms and GPS tracking – Buying a car with anti-theft technology or alarm system can earn a premium discount. Systems that thwart thieves like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help stop car theft and help bring rates down.
- Your job is a factor – Did you know your car insurance rates can be affected by your occupation? Occupational choices like lawyers, executives, and miners tend to pay higher rates than average due to job stress and incredibly demanding work hours. On the other hand, professions such as actors, athletes and homemakers have lower than average premiums.
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Honda Accord Crosstour insurance claim data – Auto insurance companies analyze the history of losses in order to profitably underwrite each model. Models that the data determines to have higher losses will have a higher cost to insure. The data below shows the actual insurance loss data for Honda Accord Crosstour vehicles.
For each insurance policy coverage type, the loss probability for all vehicles compiled together is considered to be 100. Numbers that are below 100 suggest a better than average loss history, while values over 100 indicate frequent claims or statistically larger losses.
Insurance Loss Ratings for Honda Accord Crosstour Vehicles Specific Honda Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Honda Accord Crosstour 4dr 2WD 85 97 83 122 113 94 Honda Accord Crosstour 4dr 4WD 99 102 94 120 93 BETTERAVERAGEWORSEEmpty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Here’s why auto insurance is not optional
Even though it can be expensive, auto insurance is required in New Jersey but also provides important benefits.
- The majority of states have mandatory liability insurance requirements which means you are required to buy a specific level of liability insurance coverage in order to license the vehicle. 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.
- If you have a loan on your Honda, it’s guaranteed your bank will make it mandatory that you have full coverage to guarantee their interest in the vehicle. If you do not pay your insurance premiums, the bank will be required to insure your Honda at an extremely high rate and force you to reimburse them the higher premium.
- Auto insurance preserves both your vehicle and your personal assets. It will also pay for many types of medical costs for both you and anyone you injure as the result of an accident. One of the most valuable coverages, liability insurance, will also pay for a defense attorney in the event you are sued. If your car is damaged in a storm or accident, collision and comprehensive coverages will pay to have it repaired.
The benefits of insuring your car definitely exceed the cost, particularly when you have a large claim. Today the average American driver is overpaying more than $855 a year so compare rates at least once a year to ensure rates are inline.
Auto insurance company ratings
Ending up with the highest-rated insurer can be challenging considering how many choices there are in New Jersey. The company information in the lists below can help you choose which auto insurance companies to look at to insure your vehicles.
Top 10 Newark Car Insurance Companies Ranked by Customer Service
- Mercury Insurance
- The Hartford
- American Family
- Progressive
- GEICO
- USAA
- State Farm
- Travelers
- Farmers Insurance
- Allstate
Cheaper car insurance rates are possible
We covered quite a bit of information on how to find affordable Honda Accord Crosstour insurance in Newark. The key concept to understand is the more you quote Newark auto insurance, the better your chances of lowering your premium rates. Consumers could even find that the lowest priced car insurance comes from a smaller regional carrier.
When shopping online for car insurance, it’s a bad idea to buy less coverage just to save a little money. Too many times, drivers have reduced uninsured motorist or liability limits only to regret that the small savings ended up costing them much more. Your aim should be to buy enough coverage for the lowest cost and still be able to protect your assets.
Consumers switch companies for many reasons like high rates after DUI convictions, delays in paying claims, poor customer service and even an unsatisfactory settlement offer. Regardless of your reason for switching companies, finding a new company is not as difficult as it may seem.
Even more information is available by following these links:
- Choosing a Car for Your Teen (State Farm)
- Who Has Cheap Auto Insurance Rates for Veterans in Newark? (FAQ)
- Who Has Affordable Auto Insurance for Low Income Drivers in Newark? (FAQ)
- What Insurance is Cheapest for Drivers Under 21 in Newark? (FAQ)
- Who Has Cheap Newark Car Insurance Rates for 17 Year Olds? (FAQ)
- Auto Insurance Basics (Insurance Information Institute)
- State Car Insurance Guides (GEICO)
- Can I Drive Legally without Insurance? (Insurance Information Institute)
- Eight Auto Insurance Myths (Insurance Information Institute)