If you want to find the absolute lowest rates, then the best way to find cheaper prices for Hyundai Azera insurance in Newark is to compare prices at least once a year from different companies who sell insurance in New Jersey. You can compare prices by following these guidelines.
- Try to understand how your policy works and the factors you can control to prevent rate increases. Many things that cause rate increases such as accidents, traffic violations, and a less-than-favorable credit history can be controlled by making minor changes to your lifestyle.
- Get rate quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can provide rates from a single company like GEICO or Allstate, while independent agencies can provide prices for a wide range of companies.
- Compare the new quotes to your current policy premium to determine if you can save on Azera insurance in Newark. If you find a lower rate quote and decide to switch, make sure there is no lapse in coverage.
- Give notification to your current company of your intent to cancel the current policy and submit payment and a signed application to your new carrier. As soon as you have the new policy, place the new certificate of insurance in a readily accessible location in your vehicle.
One piece of advice is that you use the same physical damage deductibles and liability limits on each quote and and to get quotes from as many companies as feasibly possible. This enables an apples-to-apples comparison and the best price selection.
Shockingly, most insurance customers have remained with the same insurance company for more than four years, and nearly half have never shopped around. New Jersey drivers could pocket as much as 40% a year, but they think it’s difficult to find affordable insurance by shopping around.
Best companies for Hyundai Azera insurance
The companies in the list below offer price quotes in Newark, NJ. If you want to find cheap auto insurance in New Jersey, it’s a good idea that you compare several of them to find the lowest auto insurance rates.
Hyundai Azera insurance charts and tables
The premium information displayed below covers a range of insurance prices for Hyundai Azera models. Having a good grasp of how auto insurance prices are formulated is important to be able to make smart choices when selecting a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Azera GLS 4-Dr Sedan | $302 | $594 | $480 | $28 | $144 | $1,548 | $129 |
| Azera Limited 4-Dr Sedan | $340 | $594 | $480 | $28 | $144 | $1,586 | $132 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and New Jersey minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Rate information does not factor in zip code location which can modify rates considerably.
Physical damage deductibles: Should you raise them?
One of the more difficult decisions when buying insurance is how high should your deductibles be. The figures shown below sum up the difference in cost when you select higher and lower physical damage deductibles. The first set of rates uses a $250 deductible and the second set of rates uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Azera GLS 4-Dr Sedan | $372 | $738 | $480 | $28 | $144 | $1,787 | $149 |
| Azera Limited 4-Dr Sedan | $420 | $738 | $480 | $28 | $144 | $1,835 | $153 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Azera GLS 4-Dr Sedan | $230 | $464 | $480 | $28 | $144 | $1,346 | $112 |
| Azera Limited 4-Dr Sedan | $258 | $464 | $480 | $28 | $144 | $1,374 | $115 |
| Get Your Own Custom Quote Go | |||||||
Data 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, multi-policy, claim-free, safe-driver, and homeowner. Price estimates do not factor in specific garaging location which can increase or decrease coverage rates significantly.
Based on these figures, using a $250 deductible could cost the average driver approximately $37 more each month or $444 a year than choosing the higher $1,000 deductible. Since you would pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have at a minimum 20 months between claim filings, you would most likely save money if you elect the higher deductible.
How to determine if a higher deductible is a good idea
| Average monthly premium for $250 deductibles: | $151 |
| Average monthly premium for $1,000 deductibles (subtract): | – $114 |
| Monthly savings from raising deductible: | $37 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $37 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 20 months |
One thing to note is that raising deductibles means you will have to pay more when you have a physical damage claim. You must have some extra savings in the event you have to pay the deductible for vehicle repair.
Accidents and violations increase rates
The example below illustrates how traffic citations and fender-benders can impact Hyundai Azera yearly insurance costs for different age groups of insureds. Data assumes a single female driver, full physical damage coverage, $250 deductibles, and no discounts are applied to the premium.
Companies offer money-saving discounts on Hyundai Azera insurance in Newark
Some insurers don’t necessarily list all discounts very well, so the following is a list of some of the best known as well as the least known discounts that may be available.
- Auto/Life Discount – Not all insurance carriers offer life insurance, but some may give you a small discount if you purchase auto and life insurance together.
- Good Student Discount – Maintaining excellent grades can be rewarded with saving of up to 25%. Earning this discount can benefit you up to age 25.
- Military Rewards – Having a deployed family member could mean lower premium rates.
- Telematics Devices – Drivers that enable driving data submission to track when and where they use their vehicle by using a telematics device in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system may get a rate reduction if their driving habits are good.
- Driver Safety – Successfully completing a course that instructs on driving safety could possibly earn you a 5% discount and also improve your driving technique.
- Seat Belt Usage – Buckling up and requiring all passengers to buckle their seat belts can save 10% or more on medical payment and PIP coverage.
- ABS Brakes – Anti-lock brake equipped vehicles prevent accidents so you can save 10 percent or more.
- Memberships – Having an affiliation with a qualifying organization could earn you a nice discount on your policy.
- Drivers Education – It’s a good idea to have your young drivers successfully complete driver’s ed class in school.
- Passive Restraints – Cars that have air bags or motorized seat belts may earn rate discounts of 20 to 30 percent.
Discounts save money, but please remember that most discount credits are not given to the entire policy premium. A few only apply to the cost of specific coverages such as collision or personal injury protection. Even though it appears you would end up receiving a 100% discount, it just doesn’t work that way.
The illustration below illustrates the comparison of Hyundai Azera yearly insurance costs with and without discounts applied to the policy rates. The price estimates are based on a female driver, no tickets, no at-fault accidents, New Jersey state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, multi-policy, safe-driver, homeowner, and marriage discounts applied.
Companies that may include these benefits possibly include:
It’s a good idea to ask every company the best way to save money. Discounts may not apply in your state. If you would like to choose from a list of car insurance companies who offer discounts in Newark, click here to view.
Local Newark auto insurance agents
Many drivers would prefer to get advice from a local agent. One of the great benefits of getting free rate quotes online is you can get better rates and still buy from a local agent.
Upon completion of this short form, your insurance coverage information is transmitted to companies in Newark that give free quotes for your insurance coverage. You won’t even need to search for an agent because prices are sent immediately to your email address. You can find better rates and work with a local agent. If you want to quote rates from a specific company, just search and find their rate quote page and submit a quote form there.
Choosing the best provider is decision based upon more than just a low price. Below are some questions you should ask.
- How much can you save by raising your physical damage deductibles?
- What company do they have the most business with?
- Is the agent CPCU or CIC certified?
- Are they full-time agents?
- Are they actively involved in the community?
The type of car insurance agent you choose is important
When narrowing the list to find a local Newark insurance agency, it helps to know the two different agency structures and how they work. Car insurance agents can either be exclusive or independent.
Exclusive Agencies
These type of agents can only provide pricing for a single company such as State Farm, AAA, and Liberty Mutual. Exclusive agencies are unable to provide other company’s prices so if the price isn’t competitive there isn’t much they can do. Exclusive agents are well trained on their company’s products and that can be a competitive advantage. Many people purchase coverage from exclusives mostly because of the brand name rather than low rates.
Listed below are exclusive agencies in Newark who may provide you with comparison quotes.
- State Farm: Zanetta Glover
570 Broad St #114 – Newark, NJ 07102 – (973) 648-0699 – View Map - State Farm Insurance
360 Chestnut St – Newark, NJ 07105 – (800) 701-5909 – View Map - State Farm: Greg Daniels
681 1/2 Mt Prospect Ave – Newark, NJ 07104 – (973) 484-5772 – View Map
Independent Car Insurance Agencies
These agents often have many company appointments and that is an advantage because they can write policies with lots of companies and get the cheapest rates. If they find a cheaper price, they simply switch companies in-house and you stay with the same agent. When shopping rates, it’s recommended you include price quotes from multiple independent agents to get the best comparison. Most independent agents also contract with smaller mutual companies that can offer cheaper rates than bigger companies.
Below is a list of independent agencies in Newark who can help you get price quotes.
- Dependable Insurance Agency Inc
1030 S Orange Ave – Newark, NJ 07106 – (973) 372-0002 – View Map - Rosa, Michael Rosa Agency INC
360 Lafayette St – Newark, NJ 07105 – (973) 589-7550 – View Map - Astor C Wilson Insurance Agency
88 Pacific St – Newark, NJ 07105 – (973) 491-0002 – View Map
After talking to the agent and getting good answers for all questions you ask in addition to an acceptable price estimate, chances are good that you have found an auto insurance agent that is professional and can provide car insurance coverage. Just understand that policyholders can cancel coverage whenever you choose to so don’t assume that you’re stuck with any particular company for any length of time.
New Jersey auto insurance companies ranked
Insuring your vehicle with the top insurance provider can be difficult considering how many companies sell coverage in New Jersey. The ranking data in the next section can help you decide which providers you want to consider when comparing rate quotes.
Top 10 Newark Car Insurance Companies Ranked by Value
- The Hartford
- Mercury Insurance
- Farmers Insurance
- Safeco Insurance
- AAA Insurance
- 21st Century
- Travelers
- State Farm
- Progressive
- American Family
When in doubt talk to an agent
Always keep in mind that when comparing insurance from an agent or online, there is no single plan that fits everyone. Each situation is unique.
These are some specific questions can aid in determining if your insurance needs might need an agent’s assistance.
- Is there coverage for injuries to my pets?
- Should I put collision coverage on all my vehicles?
- Do I have coverage if I rent a car in Mexico?
- At what point should I drop full coverage?
- Is extra glass coverage worth it?
- Will I lose any money if I cancel my policy before it expires?
- Does my policy pay for OEM or aftermarket parts?
- Does coverage extend to a rental car in a foreign country?
- Is motorclub coverage worth it?
- Am I covered if I wreck a rental car?
If you don’t know the answers to these questions, you might consider talking to an agent. If you want to speak to an agent in your area, fill out this quick form.
Coverage specifics
Knowing the specifics of insurance can help you determine the right coverages for your vehicles. Insurance terms can be difficult to understand and reading a policy is terribly boring.
Uninsured/Underinsured Motorist (UM/UIM)
Uninsured or Underinsured Motorist coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family and also any damage incurred to your Hyundai Azera.
Because many people only purchase the least amount of liability that is required (which is 15/30/5), it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.
Med pay and Personal Injury Protection (PIP)
Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for EMT expenses, nursing services, doctor visits, ambulance fees and dental work. They can be used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage
Comprehensive insurance
Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive can pay for things such as falling objects, hitting a bird and damage from getting keyed. The maximum amount your insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.
Liability car insurance
This coverage will cover damages or injuries you inflict on people or other property that is your fault. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 15/30/5 that translate to a $15,000 limit per person for injuries, a limit of $30,000 in injury protection per accident, and a total limit of $5,000 for damage to vehicles and property.
Liability insurance covers things such as attorney fees, pain and suffering and structural damage. How much liability coverage do you need? That is up to you, but buy higher limits if possible. New Jersey requires minimum liability limits of 15/30/5 but drivers should carry more coverage.
The chart below demonstrates why the minimum limit may not be high enough to cover claims.
Collision coverage protection
This will pay to fix damage to your Azera resulting from a collision with an object or car. You will need to pay your deductible then your collision coverage will kick in.
Collision can pay for claims like colliding with another moving vehicle, scraping a guard rail, sustaining damage from a pot hole, colliding with a tree and crashing into a ditch. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible on your Azera to bring the cost down.
Lower rates by being persistent
We just presented many ways to reduce Hyundai Azera insurance premium rates online in Newark. The key thing to remember is the more you quote Newark car insurance, the better your comparison will be. Drivers may even discover the most savings is with the least-expected company.
The cheapest Hyundai Azera insurance in Newark can be purchased online in addition to many Newark insurance agents, and you should be comparing both to get a complete price analysis. There are still a few companies who may not offer price quotes online and these small insurance companies work with local independent agencies.
As you quote Newark car insurance, never buy poor coverage just to save money. There have been many cases where consumers will sacrifice liability coverage limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. The aim is to purchase plenty of coverage at the best possible price, not the least amount of coverage.
Additional learning opportunities
- What is Full Coverage? (Allstate)
- Who Has Cheap Car Insurance Quotes for 19 Year Olds in Newark? (FAQ)
- Who Has Affordable Auto Insurance Rates for Felons in Newark? (FAQ)
- Who Has the Cheapest Car Insurance for Young Drivers in Newark? (FAQ)
- How Much are Car Insurance Rates for Good Students in Newark? (FAQ)
- How Much is Car Insurance for Ride Shares in Newark? (FAQ)
- Who Has the Cheapest Newark Car Insurance Rates for Drivers with Good Credit? (FAQ)
- Teen Driving Statistics (iihs.org)
- Safety Belts FAQ (iihs.org)
- Vehicle Insurance in the U.S. (Wikipedia)
- Five Tips to Save on Auto Insurance (Insurance Information Institute)