Would you like an easy way to compare cheaper Honda Ridgeline insurance in Newark? Scraping up a payment for high-priced Honda Ridgeline insurance in Newark can consume your family’s budget and force you to tighten up your finances. Doing a rate analysis can save money and help to make sure you’re not throwing money away.
It’s an obvious statement that auto insurance companies don’t want you to look at other companies. Insureds who shop around for the cheapest price are likely to switch companies because there are good odds of getting low-cost coverage. A recent survey revealed that people who make a habit of shopping around saved over $865 a year as compared to drivers who never shopped around for lower prices.
If finding the cheapest rates on insurance is your objective, then having some knowledge of how to find and compare coverages can help you be more efficient.
People have so many insurers to purchase coverage from, and though it is a good thing to be able to choose, more options can take longer to find the best rates for your vehicles.
Which Honda Ridgeline insurance is cheapest in Newark?
Many insurance companies make it easy to get prices for coverage on the web. Getting quotes for Honda Ridgeline insurance in Newark doesn’t take a lot of time because you just enter the coverage amounts you desire into a form. After the form is submitted, the quote system sends out for credit information and your driving record and returns a price quote based on many factors. Being able to quote online for Honda Ridgeline insurance in Newark streamlines rate comparisons, and it’s necessary to have as many quotes as possible if you are searching for the most affordable premium on insurance.
To get comparison pricing now, check out the insurance providers below. If you have a policy now, it’s recommended you copy your coverages as close as possible to your current policy. This makes sure you will have an apples-to-apples comparison for the exact same coverage.
The companies in the list below can provide price quotes in Newark, NJ. If you wish to find cheap auto insurance in Newark, NJ, it’s highly recommended you click on several of them to find the cheapest car insurance rates.
Discounts can help lower rates on Honda Ridgeline insurance in Newark
Car insurance can cost a lot, but you might already qualify for some discounts to help offset the cost. Many discounts should be triggered at quote time, but a few must be specifically requested before they will apply.
- Driver Training Discounts – Taking part in a defensive driver class can save you 5% or more and easily pay for the cost of the class.
- Use Seat Belts – Drivers who always wear seat belts and also require passengers to use their safety belts can save a little off the medical payments premium.
- Clubs and Organizations – Belonging to certain professional organizations could qualify you for a break when getting a Newark car insurance quote.
- Own a Home and Save – Being a homeowner may earn you a small savings because of the fact that having a home means you have a higher level of financial diligence.
- Accident Free – Insureds who avoid accidents and claims pay much less as opposed to bad drivers.
It’s important to note that most credits do not apply to the entire policy premium. A few only apply to individual premiums such as medical payments or collision. So when the math indicates you would end up receiving a 100% discount, car insurance companies aren’t that generous.
The chart below illustrates the comparison of Honda Ridgeline annual premium costs with and without discounts applied. The costs are based on a female driver, no tickets, no at-fault accidents, 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 claim-free, multi-policy, homeowner, marriage, multi-car, and safe-driver discounts applied.
A few of the larger companies and a partial list of their discounts are outlined below.
- GEICO has savings for multi-policy, seat belt use, five-year accident-free, federal employee, anti-lock brakes, and air bags.
- SAFECO offers premium reductions for anti-theft, homeowner, safe driver, bundle discounts, and teen safety rewards.
- State Farm offers discounts including accident-free, anti-theft, driver’s education, multiple autos, good student, passive restraint, and defensive driving training.
- MetLife may have discounts that include good student, claim-free, accident-free, multi-policy, defensive driver, good driver
- 21st Century offers discounts for defensive driver, early bird, teen driver, student driver, and automatic seat belts.
- Progressive discounts include multi-vehicle, good student, multi-policy, online quote discount, continuous coverage, homeowner, and online signing.
Before you buy a policy, ask all the companies which discounts they offer. Some credits may not apply to policyholders in your area.
Honda Ridgeline insurance charts and tables
The information shown below outlines estimates of rate quotes for Honda Ridgeline models. Knowing how insurance quotes are figured is important for you to make smart choices when purchasing an auto insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Ridgeline RT 4WD | $286 | $520 | $510 | $30 | $152 | $1,498 | $125 |
| Ridgeline RTS 4WD | $322 | $520 | $510 | $30 | $152 | $1,534 | $128 |
| Ridgeline RTL 4WD | $322 | $612 | $510 | $30 | $152 | $1,626 | $136 |
| Ridgeline RTL W/Navigation 4WD | $322 | $612 | $510 | $30 | $152 | $1,626 | $136 |
| Get Your Own Custom Quote Go | |||||||
Data 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 safe-driver, claim-free, multi-policy, homeowner, and multi-vehicle. Premium costs do not factor in your specific Newark location which can revise premiums noticeably.
Comparison of policy deductibles
One frequently asked question is how high should the physical damage deductibles be. The tables below may help you to understand the rate difference when you select higher and lower deductibles. The first data table uses a $250 deductible for comp and collision and the second set of rates uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Ridgeline RT 4WD | $372 | $626 | $544 | $32 | $162 | $1,761 | $147 |
| Ridgeline RTS 4WD | $420 | $626 | $544 | $32 | $162 | $1,809 | $151 |
| Ridgeline RTL 4WD | $420 | $738 | $544 | $32 | $162 | $1,921 | $160 |
| Ridgeline RTL W/Navigation 4WD | $420 | $738 | $544 | $32 | $162 | $1,921 | $160 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Ridgeline RT 4WD | $230 | $394 | $544 | $32 | $162 | $1,362 | $114 |
| Ridgeline RTS 4WD | $258 | $394 | $544 | $32 | $162 | $1,390 | $116 |
| Ridgeline RTL 4WD | $258 | $464 | $544 | $32 | $162 | $1,460 | $122 |
| Ridgeline RTL W/Navigation 4WD | $258 | $464 | $544 | $32 | $162 | $1,460 | $122 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-policy, and multi-vehicle. Price estimates do not factor in the specific area where the vehicle is garaged which can modify premiums considerably.
We can derive from the above data that using a $250 deductible would cost the average driver about $36 more each month or $432 annually than quoting the higher $1,000 deductible. Since you would have to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you usually have more than 21 months between claim filings, you would probably be better off if you choose a higher deductible.
Local Newark insurance agents and insurance
A small number of people just prefer to go talk to an agent and that is OK! A good thing about comparing insurance online is that you can find better rates but still work with a licensed agent.
For easy comparison, once you complete this short form, your insurance coverage information gets sent to local insurance agents who can give free rate quotes for your coverage. There is no need to visit any agencies because quoted prices will be sent to you instantly. It’s the lowest rates without having to waste a lot of time. If you wish to get a comparison quote from a specific insurance provider, you just need to go to their quote page and give them your coverage information.
Selecting a provider is decision based upon more than just a low price. These are valid questions to ask:
- Do they assist clients in filing claims?
- When do they do policy reviews?
- What company do they have the most business with?
- Which insurance companies are they affiliated with?
- Can you contact them at any time?
- Will the agent or a CSR service your policy?
- What are the financial ratings for the companies they represent?
- Is there any savings for paying the full premium?
When narrowing the list to find an insurance agent, there are a couple of types of agencies and how they operate. Newark agents are classified as either exclusive or independent.
Exclusive Agencies
These type of agents can only quote rates from one company and examples are State Farm, Allstate, or Farmers Insurance. They are unable to compare rates from other companies so they have no alternatives for high prices. These agents are well schooled on the products they sell and that enables them to sell even at higher rates.
Below is a short list of exclusive agents in Newark who may provide you with price quote information.
State Farm: Greg Daniels
681 1/2 Mt Prospect Ave – Newark, NJ 07104 – (973) 484-5772 – View Map
Allstate Insurance: Celia Caro
66 Wilson Ave – Newark, NJ 07105 – (973) 690-6400 – View Map
Farmers Insurance – Christine Veliz
229 Bloomfield Ave – Newark, NJ 07104 – (973) 482-1975 – View Map
Independent Agents (or Brokers)
These agents are normally appointed by many insurers so they can write business through lots of different companies depending on which coverage is best. If you want to switch companies, your agent can just switch to a different company and you can keep the same agent.
If you need cheaper insurance rates, it’s recommended you include price quotes from at least one independent agent so that you can do a thorough price comparison.
The following is a short list of independent agents in Newark willing to provide comparison quotes.
Milwaukee Insurance Co
10 Park Pl – Newark, NJ 07102 – (973) 648-3000 – View Map
Gary’s Insurance Agency Newark
1 Bloomfield Ave – Newark, NJ 07104 – (973) 483-3500 – View Map
Knight Insurance Consulting Group
454 Washington St – Newark, NJ 07102 – (973) 704-1024 – View Map
Learn How to Lower Your Insurance Costs
Consumers need to have an understanding of the different types of things that go into determining the level of your policy premiums. If you have a feel for what controls the rates you pay, this enables informed choices that can earn you cheaper rates.
If you don’t need it don’t buy it – Policies have additional coverages that sound like a good idea at the time if you aren’t careful. Coverages like rental car coverage, towing, and extra equipment coverage are some examples. These coverages may sound good initially, but your money might be better spent on other coverage so consider taking them off your policy.
Liability is peace of mind – The liability coverage on your policy will provide protection when you are responsible for damages from an accident. It provides legal defense coverage starting from day one. Liability is cheap when compared with rates for comp and collision, so do not cut corners here.
Costs are impacted by vehicle performance – The type of car you drive makes a substantial difference in determining your rates. Low performance passenger cars generally receive the lowest base rates, but the cost you end up paying is determined by many additional factors.
The chart below is based on a single male driver age 20, full coverage with $500 deductibles, and no discounts or violations. The chart compares Honda Ridgeline rates compared to other vehicles that have a range of risk factors.
Your credit rating is important – A driver’s credit history will be a significant factor in determining your rates. If your credit score is lower than you’d like, you could save money insuring your Honda Ridgeline by improving your credit score. Insureds with good credit tend to be more responsible than drivers with worse credit.
Men pay more for car insurance – Over time, data shows women tend to be less risk to insure than men. That doesn’t necessarily mean that females are better at driving than males. Women and men cause auto accidents in similar percentages, but guys cause more damage. In addition to higher claims, males also get more serious tickets such as DWI and reckless driving.
The information below shows the difference between Honda Ridgeline insurance costs for male and female drivers. The price estimates are based on no driving violations, no at-fault accidents, comp and collision included, $500 deductibles, drivers are not married, and no discounts are taken into consideration.
Careless driving means higher prices – Your driving record has a huge affect on how much you pay. Even a single driving citation could increase your next policy renewal by as much as twenty percent. Drivers with clean records get better rates than bad drivers. Drivers who have severe tickets such as hit and run, DWI or reckless driving convictions may need to prove financial responsibility with the DMV in their state in order to drive a vehicle legally.
The illustration below demonstrates how citations and accidents impact Honda Ridgeline insurance costs for each different age category. The premiums assume a married male driver, comprehensive and collision coverage, $100 deductibles, and no discounts are taken into consideration.
Why you need quality insurance for your Honda Ridgeline
Despite the high insurance cost for a Honda Ridgeline in Newark, maintaining insurance may be required and benefits you in several ways.
- Most states have compulsory liability insurance requirements which means state laws require a specific level of liability protection in order to drive the car legally. 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 lien on your Ridgeline, almost every bank will force you to buy insurance to protect their interest in the vehicle. If you let the policy lapse, the bank may insure your Honda for a lot more money and require you to fork over a much higher amount than you were paying before.
- Auto insurance protects your car and your assets. It will also pay for medical bills incurred in an accident. One policy coverage, liability insurance, also pays expenses related to your legal defense if you are sued as the result of an accident. If you have damage to your Honda as the result of the weather or an accident, collision and comprehensive (also known as other-than-collision) coverage will pay all costs to repair after the deductible has been paid.
The benefits of having insurance definitely exceed the cost, particularly when you have a large claim. The average driver in New Jersey is overpaying more than $830 a year so we recommend shopping around at every policy renewal to make sure the price is not too high.
Compare. Compare. Compare.
Throughout this article, we presented a lot of ways to save on Honda Ridgeline insurance in Newark. The most important thing to understand is the more companies you get rates for, the better your comparison will be. Consumers could even find that the lowest prices are with a lesser-known regional company. These smaller insurers can often insure niche markets at a lower cost compared to the large companies like Allstate and Progressive.
More affordable insurance in Newark can be bought online and from local insurance agents, and you should be comparing both to have the best selection. Some insurance companies may not provide the ability to get quotes online and most of the time these smaller companies work with independent agencies.
Steps to finding better rates for Honda Ridgeline insurance in Newark
If you want to save money, the best way to get cheaper car insurance rates is to compare prices at least once a year from different companies who can sell car insurance in Newark.
Step 1: Spend a few minutes and learn about what coverages are included in your policy and the things you can change to keep rates down. Many things that cause high rates such as multiple speeding tickets and poor credit can be remedied by paying attention to minor details.
Step 2: Get rate quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give prices from a single company like GEICO or State Farm, while independent agencies can quote prices from multiple companies.
Step 3: Compare the price quotes to your existing coverage to see if a cheaper rate is available. If you find better rates and decide to switch, ensure coverage does not lapse between policies.
Step 4: Tell your current agent or company of your intent to cancel your current car insurance policy and submit a completed policy application and payment to the new company. Once coverage is bound, put the certificate verifying coverage in your vehicle’s glove compartment or console.
One key aspect of rate comparisons is to make sure you’re comparing the same deductibles and limits on each quote and and to get price quotes from as many auto insurance providers as possible. This ensures the most accurate price comparison and a thorough price selection.
Even more information is located in the articles below:
- Front crash protection reduces rear-end crashes (Insurance Institute for Highway Safety)
- How Much is Car Insurance for Low Mileage Drivers in Newark? (FAQ)
- What Auto Insurance is Cheapest for Used Cars in Newark? (FAQ)
- Reducing Your Risks in a Car Crash Video (iihs.org)
- Drunk Driving Statistics (Insurance Information Institute)
- Tools for Teen Driving Safety (State Farm)