It takes a little time, but the best way to find affordable quotes for Nissan Juke insurance is to compare quotes annually from providers who sell insurance in Newark.
- First, try to learn about individual coverages and the things you can change to prevent expensive coverage. Many policy risk factors that increase rates such as your driving record and a lousy credit rating can be amended by being financially responsible and driving safely. This article gives additional ideas to help prevent high rates and find possible discounts that are available.
- Second, request price quotes from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can give quotes from one company like GEICO or Farmers Insurance, while independent agents can quote prices for a wide range of insurance providers.
- Third, compare the new rate quotes to your existing coverage to see if a cheaper rate is available in Newark. If you can save money, make sure there is no lapse between the expiration of your current policy and the new one.
- Fourth, tell your current agent or company of your decision to cancel your current coverage and submit a completed application and payment for the new coverage. Make sure you place the new certificate verifying proof of insurance along with your vehicle registration.
An important bit of advice to remember is to compare the same coverage limits and deductibles on every price quote and and to get rates from every insurance company. Doing this ensures an apples-to-apples comparison and the best price selection.
It’s an obvious conclusion that car insurance companies want to prevent you from shopping around. Consumers who shop around for cheaper prices will presumably move their business because of the high probability of finding a lower rate. A recent survey discovered that drivers who routinely shopped for cheaper coverage saved on average $3,450 over four years compared to people who never shopped around for better prices.
If finding the lowest rates on insurance is your goal, then having some knowledge of the best way to shop and compare insurance premiums can make the process more efficient.
Finding the lowest-priced policy in Newark is simple if you know the tricks. If you are insured now or just want cheaper coverage, use these cost-cutting techniques to buy cheaper insurance without reducing coverage. Comparison shoppers just need to know the quickest way to shop their coverage around from many different companies.
Informed Consumers Save Money
Part of the car insurance buying process is learning a few of the rating criteria that aid in calculating your premiums. When consumers understand what impacts premium levels, this allows you to make good choices that can earn you lower rates. Multiple criteria are part of the equation when you get your auto insurance bill. Some of the criteria are obvious like your driving record, although some other factors are less obvious like your continuous coverage or your financial responsibility.
Listed below are some of the items used by your company to calculate prices.
Reserve policy claims for larger damages – Companies in New Jersey provide lower rates to insureds who are not frequent claim filers. If you are the type of insured that files lots of claims you can look forward to increased rates or even have your policy non-renewed. Insurance coverage is intended for larger claims.
Liability insurance limits should be high – The liability section of your policy will protect you when a jury decides you are liable for causing damage or personal injury in an accident. It provides for a legal defense to attempt to prove you were not liable. Liability is cheap compared to physical damage coverage, so do not skimp.
Avoid unnecessary extra policy coverages – Insurance companies have many optional add-on coverages that sound like a good idea at the time if you aren’t diligent. Coverages for personal injury protection, high-cost glass coverage, and extra equipment coverage may be wasting your money. They may seem like a good idea when you first buy your policy, but if you don’t need them eliminate the coverages to reduce your premium.
Save money with theft deterrents – Choosing to buy a car with a theft deterrent system can help bring down rates. Theft deterrent systems such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent car theft and help bring rates down.
Do you qualify for a multi-policy discount? – Most larger insurance companies apply discounts to people who consolidate policies with them, otherwise known as a multi-policy discount. Even if you’re getting this discount drivers will still want to check prices from other companies to help guarantee you have the best rates.
Never let your car insurance policy lapse – Allowing your coverage to lapse can be a fast way to increase your car insurance rates. Not only will you pay higher rates, being ticketed for driving with no insurance can result in a steep fine or even jail time. You may have to prove you have insurance by filing a SR-22 with the New Jersey department of motor vehicles.
Nissan Juke insurance loss statistics – Auto insurance companies factor in insurance loss information when they file their rates in each state. Vehicles that the data shows to have high amounts or severity of claims will cost more to insure.
The table below shows the compiled insurance loss statistics for Nissan Juke vehicles. For each coverage category, the statistical loss for all vehicles, regardless of manufacturer or model, is considered to be 100. Values that are under 100 imply a favorable loss record, while numbers shown that are more than 100 indicate more frequent losses or a tendency for losses to be larger than average.
| Vehicle Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Nissan Juke 2WD | 101 | 104 | 77 | 111 | 134 | 113 |
| Nissan Juke 4WD | 107 | 112 | 75 | 120 | 115 | 105 |
Statistics from IIHS.org for 2013-2015 Model Years
Get cheaper rates by taking advantage of discounts
Companies offering auto insurance don’t always list every discount in a way that’s easy to find, so the list below gives a summary of a few of the more well known in addition to some of the lesser obvious savings tricks you should be using when you buy Newark car insurance online.
- Student in College – Any of your kids who live away from home to go to college and leave their car at home could qualify for this discount.
- Government Employee Discount – Being employed by or retired from a federal job could qualify for a slight premium decrease with certain companies.
- Defensive Driving Course – Successfully completing a class that teaches defensive driving techniques could save 5% or more and easily pay for the cost of the class.
- Low Mileage – Driving less could qualify for discounted rates on garaged vehicles.
- Paperwork-free – Some of the larger companies provide a small discount for signing up on the web.
- Discounts for Safe Drivers – Accident-free drivers can get discounts for up to 45% lower rates compared to rates paid by drivers with frequent claims.
- Renewal Discounts – A few auto insurance companies give discounts for switching companies before your current expiration date. You can save around 10% with this discount.
- Multiple Vehicles – Buying a policy with all your vehicles on the same auto insurance policy can get a discount for every vehicle.
- New Car Discount – Insuring a vehicle that is new can save up to 30% since newer vehicles are generally safer.
- 55 and Retired – Drivers that qualify as senior citizens can get a discount up to 10%.
Discounts save money, but please remember that most discounts do not apply to the entire policy premium. Most only reduce specific coverage prices like liability and collision coverage. So even though you would think all the discounts add up to a free policy, auto insurance companies aren’t that generous.
Larger auto insurance companies and a selection of discounts can be found below.
- State Farm offers discounts for defensive driving training, multiple policy, driver’s education, good driver, passive restraint, student away at school, and Steer Clear safe driver discount.
- Progressive policyholders can earn discounts including online quote discount, online signing, multi-policy, multi-vehicle, homeowner, and continuous coverage.
- Travelers may have discounts that include home ownership, IntelliDrive, good student, new car, payment discounts, driver training, and continuous insurance.
- American Family offers premium reductions for good student, accident-free, defensive driver, air bags, bundled insurance, Steer into Savings, and early bird.
- Liberty Mutual offers discounts including preferred payment discount, newly married, safety features, teen driver discount, and newly retired.
If you are trying to find affordable Nissan Juke insurance quotes, ask all the companies which discounts you may be entitled to. Some credits might not apply in Newark. To see auto insurance companies who offer cheap Nissan Juke insurance quotes in Newark, follow this link.
Quote more and you will save more
We’ve covered many tips how you can get a better price on Nissan Juke insurance in Newark. It’s most important to understand that the more price quotes you have, the better likelihood of getting low cost Newark car insurance quotes. Consumers may even find the lowest prices come from a lesser-known regional company. Smaller companies may often insure only within specific states and give better rates compared to the large companies like State Farm, GEICO and Nationwide.
When trying to cut insurance costs, you should never buy lower coverage limits just to save a few bucks. There have been many cases where someone sacrificed physical damage coverage and learned later that their decision to reduce coverage ended up costing them more. The goal is to buy the best coverage you can find at an affordable rate, but don’t skip important coverages to save money.
Additional learning opportunities
- Protecting Teens from Drunk Driving (Insurance Information Institute)
- What Car Insurance is Cheapest for a Nissan Sentra in Newark? (FAQ)
- Who Has Affordable Newark Auto Insurance for Infrequent Drivers? (FAQ)
- Who Has Affordable Car Insurance for a Toyota RAV4 in Newark? (FAQ)
- What Car Insurance is Cheapest for Safe Drivers in Newark? (FAQ)
- Liability Insurance Coverage (Nationwide)
- Determining Auto Insurance Rates (GEICO)
- Auto Insurance Learning Center (State Farm)