Surprisingly, a recent survey revealed that most insurance policyholders kept buying from the same company for at least the last four years, and nearly 40% of drivers have never shopped around. Most drivers in Newark could pocket almost $700 a year just by getting comparison quotes, but they feel it’s too difficult to shop around.
The best way we recommend to find cheaper car insurance rates in Newark is to do a yearly price comparison from different companies that insure vehicles in New Jersey.
Step 1: Read about how your policy works and the factors you can control to keep rates low. Many factors that increase rates like high-risk driving behaviors and a negative credit history can be eliminated by making minor changes in your lifestyle. Keep reading for more details to keep prices down and earn larger discounts.
Step 2: Quote rates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give prices from a single company like GEICO or Farmers Insurance, while independent agencies can provide prices for a wide range of companies.
Step 3: Compare the new rate quotes to the price on your current policy to determine if you can save on Touareg insurance. If you find a better price, make sure coverage does not lapse between policies.
Step 4: Provide proper notification to your current company of your intent to cancel your current car insurance policy and submit a completed policy application and payment to your new carrier. Make sure you place the new certificate verifying proof of insurance in an accessible location in your vehicle.
One key aspect of rate comparisons is to make sure you enter identical coverage information on each price quote and and to get rates from as many companies as you can. Doing this provides a fair price comparison and a complete price analysis.
If you have insurance now, you will most likely be able to reduce the price you pay using the ideas presented in this article. Choosing the best rates in Newark is easy if you know what you’re doing. Although New Jersey car owners do need to learn the way insurance companies calculate their prices and use this information to your advantage.
Save money with discounts
Car insurance can be pricey, but there may be some discounts that can drop the cost substantially. Some discounts will apply when you get a quote, but occasionally some discounts must be asked for prior to receiving the credit.
- Newark Homeowners Discount – Just being a homeowner can earn you a little savings due to the fact that maintaining a home is proof of financial responsibility.
- More Vehicles More Savings – Drivers who insure multiple vehicles on one policy can get a discount for every vehicle.
- Paperless Signup – Certain car insurance companies will give a small break for completing your application on their website.
- Clubs and Organizations – Joining qualifying clubs or civic groups could qualify you for a break on your bill.
- Air Bags and Passive Restraints – Vehicles equipped with air bags may get savings of 20 to 30 percent.
- Save over 55 – Drivers over the age of 55 may be able to get a slight reduction on a Newark car insurance quote.
- No Charge for an Accident – This one isn’t a discount, but some companies like State Farm and GEICO will turn a blind eye to one accident before hitting you with a surcharge if you have no claims for a particular time prior to the accident.
- Safety Course Discount – Taking time to complete a course in defensive driver could possibly earn you a 5% discount and also improve your driving technique.
It’s important to note that most of the big mark downs will not be given to the entire policy premium. A few only apply to specific coverage prices like liability and collision coverage. So when it seems like all the discounts add up to a free policy, you aren’t that lucky.
The diagram below illustrates the comparison of Volkswagen Touareg premium costs with and without discounts applied. The price estimates are based on a female driver, no violations or accidents, New Jersey state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, marriage, multi-policy, multi-car, and claim-free discounts applied.
A few popular companies and a selection of discounts can be found below.
- State Farm has savings for safe vehicle, Steer Clear safe driver discount, good student, Drive Safe & Save, and good driver.
- Progressive discounts include continuous coverage, homeowner, online quote discount, multi-policy, online signing, and multi-vehicle.
- Travelers offers discounts for hybrid/electric vehicle, early quote, multi-policy, home ownership, student away at school, IntelliDrive, and save driver.
- American Family offers discounts including air bags, defensive driver, Steer into Savings, accident-free, TimeAway discount, multi-vehicle, and mySafetyValet.
- Liberty Mutual has discounts for exclusive group savings, multi-policy, multi-car, preferred payment discount, new graduate, good student, and newly married.
If you need lower rates, check with each company or agent which credits you are entitled to. All car insurance discounts might not be offered on policies in your state. To find insurers that offer discounts in Newark, click here.
Keep in mind that getting more free quotes gives you a better chance of getting a lower rate.
The companies shown below are our best choices to provide quotes in New Jersey. If multiple companies are listed, it’s highly recommended you compare several of them in order to find the cheapest rates.
Coverage statistics and figures
The data table displayed below showcases detailed analysis of policy rates for Volkswagen Touareg models. Learning more about how auto insurance policy rates are determined can help customers make decisions when shopping your coverage around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Touareg 3 Turbo Diesel AWD 4-Dr | $364 | $774 | $624 | $36 | $188 | $1,986 | $166 |
| Touareg 3.6 AWD 4-Dr | $364 | $774 | $624 | $36 | $188 | $1,986 | $166 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and New Jersey minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Prices do not factor in Newark location which can decrease or increase rates noticeably.
Policy deductibles
A question often asked by Newark drivers is where should you set your physical damage deductibles. The comparison tables below can help you understand the premium difference between low and high comp and collision deductibles. The first rate table uses a $250 deductible for physical damage and the second set of rates uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Touareg 3 Turbo Diesel AWD 4-Dr | $466 | $848 | $480 | $28 | $144 | $1,991 | $166 |
| Touareg 3.6 AWD 4-Dr | $466 | $848 | $480 | $28 | $144 | $1,991 | $166 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Touareg 3 Turbo Diesel AWD 4-Dr | $288 | $534 | $480 | $28 | $144 | $1,474 | $123 |
| Touareg 3.6 AWD 4-Dr | $288 | $534 | $480 | $28 | $144 | $1,474 | $123 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, homeowner, and safe-driver. Estimates do not factor in garaging location in Newark which can affect rates noticeably.
We can estimate from the data above that using a $250 deductible will cost you about $43 more each month or $516 every year than selecting the higher $1,000 deductible. Since the policyholder would be required to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you normally average at least 17 months between claim filings, you would most likely save money going with the higher deductible.
The chart below demonstrates how deductibles and can impact Volkswagen Touareg annual premium costs for different insured age categories. Data assumes a single male driver, comprehensive and collision coverage, and no additional discounts are factored in.
Can’t I compare rates from local Newark insurance agents?
Certain consumers still like to sit down with an agent and we recommend doing that The best thing about comparing insurance prices online is you may find the best rates but still work with a licensed agent. And buying from local insurance agents is important particularly in Newark.
After completing this quick form, your coverage information is sent to insurance agents in Newark who can give free rate quotes to get your business. You won’t even need to search for an agent because quoted prices will be sent to your email. You can find lower rates without having to waste a lot of time. In the event you want to get a price quote from a specific auto insurance provider, feel free to search and find their rate quote page and fill out the quote form the provide.
When looking for local Newark agents, you should know the types of agencies that you can select. Agents can be classified as either exclusive or independent (non-exclusive).
Independent Auto Insurance Agents (or Brokers)
These agents often have many company appointments so as a result can place your coverage with multiple insurance companies and get you the best rates possible. If premiums increase, your agent can just switch to a different company and you don’t have to find a new agent.
When comparing rate quotes, it’s recommended you get insurance quotes from a couple of independent agencies for maximum quote selection.
Featured below is a partial list of independent insurance agents in Newark that may be able to give free auto insurance quotes.
Rosa, Michael Rosa Agency INC
360 Lafayette St – Newark, NJ 07105 – (973) 589-7550 – View Map
International Fidelity Insurance Co
1111 Raymond Blvd – Newark, NJ 07102 – (973) 624-7200 – View Map
Milwaukee Insurance Co
10 Park Pl – Newark, NJ 07102 – (973) 648-3000 – View Map
Exclusive Agencies
Agents in the exclusive channel write business for a single company and some examples include Farmers Insurance or State Farm. They are unable to compare rates from other companies so they are skilled at selling on more than just price. These agents are usually quite knowledgeable on sales techniques which aids in selling service over price.
Shown below are exclusive insurance agencies in Newark willing to provide price quotes.
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
Farmers Insurance: Anthony Pugliese
217 Chestnut St – Newark, NJ 07105 – (973) 536-2060 – View Map
Deciding on an auto insurance agent shouldn’t rely on just a cheap price quote. These are some questions you should get answers to.
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- Do they receive special compensation for putting your coverage with one company over another?
- If you have an accident, will your rates go up?
- Can glass claims be handled at your home?
- Is vehicle damage repaired with OEM or aftermarket parts?
- Who is covered by the car insurance policy?
- Does the agent have professional designations like CIC, CPCU or AIC?
- Are they full-time agents?
Best car insurance in New Jersey
Picking the top insurance provider can be challenging considering how many different companies insure vehicles in New Jersey. The rank data in the lists below can help you select which auto insurers to look at shopping prices with.
Top 10 Newark Car Insurance Companies Ranked by Claims Service
- Progressive
- USAA
- Liberty Mutual
- GEICO
- State Farm
- Nationwide
- Allstate
- 21st Century
- The Hartford
- Farmers Insurance
Top 10 Newark Car Insurance Companies by A.M. Best Rank
- GEICO – A++
- Travelers – A++
- State Farm – A++
- USAA – A++
- Allstate – A+
- Nationwide – A+
- Mercury Insurance – A+
- Progressive – A+
- The Hartford – A+
- Esurance – A+
Smart consumers save more
Low-cost Volkswagen Touareg insurance in Newark can be bought on the web in addition to local insurance agencies, and you should compare rates from both to have the best selection. Some insurance providers don’t offer online quoting and many times these small, regional companies only sell through independent agents.
As you restructure your insurance plan, you should never reduce needed coverages to save money. Too many times, someone sacrificed physical damage coverage only to regret at claim time that it was a big error on their part. The ultimate goal is to buy a smart amount of coverage at an affordable rate.
More information is located at these links:
- What is a Telematics Device? (Allstate)
- Who Has the Cheapest Auto Insurance Rates for a Learners Permit in Newark? (FAQ)
- Who Has Affordable Newark Car Insurance for Nurses? (FAQ)
- What Car Insurance is Cheapest for a Nissan Sentra in Newark? (FAQ)
- What Car Insurance is Cheapest for a 20 Year Old Male in Newark? (FAQ)
- What Car Insurance is Cheapest for a Dodge Ram in Newark? (FAQ)
- What Insurance is Cheapest for a Ford Explorer in Newark? (FAQ)
- What Auto Insurance is Cheapest for Used Cars in Newark? (FAQ)
- Who Has the Cheapest Newark Car Insurance Rates for a Subaru Impreza? (FAQ)
- Vehicle Insurance in the U.S. (Wikipedia)
- Safety Belts FAQ (iihs.org)
- Auto Insurance Learning Center (State Farm)