Cheapest Insurance for a Suzuki SX4 in Newark

The preferred way to quote cheaper Suzuki SX4 insurance in Newark is to compare quotes annually from insurance carriers in New Jersey.

1. Try to learn a little about how auto insurance works and the factors you can control to prevent expensive coverage. Many risk factors that cause high rates like speeding tickets, accidents and a substandard credit score can be remedied by paying attention to minor details.
2. Get rate quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only give rate quotes from one company like Progressive or Farmers Insurance, while independent agents can provide prices for a wide range of companies.
3. Compare the price quotes to your current policy and determine if there is any savings. If you can save some money and make a switch, make sure coverage does not lapse between policies.

An essential thing to point out is to try to compare the same physical damage deductibles and liability limits on every quote request and and to get rate quotes from as many different insurance providers as possible. This provides a fair rate comparison and the best price selection.

A recent auto insurance study discovered that the vast majority of consumers have bought auto insurance from the same company for a minimum of four years, and just under half have never compared rates with other companies. Many drivers in America can cut their rates by as much as $860 a year, but most tend to underestimate the actual amount they would save if they switched to a more affordable policy.

Cheap auto insurance in Newark, NJ

The companies in the list below have been selected to offer comparison quotes in Newark, NJ. If you want to find the best auto insurance in New Jersey, we suggest you get prices from several of them to find the most affordable auto insurance rates.

Suzuki SX4 insurance analysis

The table shown next outlines detailed analysis of insurance prices for Suzuki SX4 models. Being aware of how insurance rates are figured can aid in making smart buying decisions.

Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and New Jersey minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Rates do not factor in specific location which can influence premium rates greatly.

Deductible analysis

One of the most common auto insurance questions is which deductible level should you buy. The data tables below can help you understand the differences in premium rates between high and low coverage deductibles. The first data set uses a $100 deductible for comprehensive and collision coverage and the second price chart uses a $1,000 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, multi-vehicle, and claim-free. Price estimates do not factor in Newark location which can influence coverage rates significantly.

Based on these figures, using a $100 deductible costs roughly $48 more each month or $576 a year than selecting the higher $1,000 deductible. Because you would pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to have more than 19 months between claim filings, you would more than likely save some money by selecting a higher deductible.

Illustration showing the impact of accidents and violations

The information below highlights how speeding tickets and accidents influence Suzuki SX4 insurance rates for different age groups of insureds. The rates are based on a single male driver, comp and collision included, $1,000 deductibles, and no additional discounts are factored in.

Rate comparison of males versus females

The diagram below visualizes the comparison of Suzuki SX4 insurance prices for male and female drivers. The rate quotes are based on no claims or violations, full coverage, $250 deductibles, marital status is single, and no additional discounts are factored in.

Comparison of full coverage and liability-only policies

The example below shows the difference between Suzuki SX4 insurance prices with full coverage compared to only the New Jersey minimum liability coverage. The premium estimates are based on no violations or accidents, $100 deductibles, single marital status, and no additional discounts are factored in.

When to stop buying physical damage coverage

There isn’t a written rule to exclude comprehensive and collision coverage on your policy, but there is a general convention. If the yearly cost of full coverage is 10% or more of the vehicle’s replacement cost less your deductible, then it might be time to consider dropping full coverage.

For example, let’s assume your Suzuki SX4 settlement value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $7,000 after the deductible is paid. If you are paying more than $700 a year to have full coverage, then you may need to consider dropping full coverage.

There are some circumstances where buying only liability insurance is not financially feasible. If you still have a lienholder on your title, you have to keep full coverage to protect the lienholder’s interest. Also, if your finances do not allow you to purchase a different vehicle in the even your car is totaled, you should maintain full coverage.

Newark auto insurance discounts

Car insurance companies don’t necessarily list every policy discount in a way that’s easy to find, so we break down some of the more common and the harder-to-find discounts you could be receiving when you buy Newark car insurance online. If you do not check that you are getting every discount you qualify for, you could be paying more than you need to.

• Employee of Federal Government – Active or former government employment could cut as much as 10% off with select insurance companies.
• Switch and Save Discount – Some companies give discounts for buying a new policy before your current SX4 insurance policy expires. You could save around 10% when you buy Newark car insurance online.
• Discounts for Seat Belt Usage – Drivers who require all vehicle occupants to use a seat belt may be able to save a few bucks off the PIP or medical payment premium.
• Discounts for Safe Drivers – Accident-free drivers can save as much as half off their rates compared to rates paid by drivers with frequent claims.
• Anti-theft Discount – Anti-theft and alarm system equipped vehicles have a lower chance of being stolen and will save you 10% or more on SX4 insurance in Newark.
• ABS and Traction Control Discounts – Cars equipped with ABS or steering control can stop better under adverse conditions so companies give up to a 10% discount.
• Save with a New Car – Buying coverage on a new vehicle is cheaper because newer models keep occupants safer.
• Accident Forgiveness Coverage – Not really a discount, but companies like Liberty Mutual, GEICO and Allstate will allow you to have one accident without the usual rate increase with the catch being you have to be claim-free prior to the accident.

Just know that many deductions do not apply to the whole policy. Some only reduce the price of certain insurance coverages like collision or personal injury protection. Despite the appearance that you could get a free auto insurance policy, you aren’t that lucky.

The chart below illustrates the difference between Suzuki SX4 annual premium costs with and without discounts applied to the policy rates. Data assumes a male driver, no tickets, no at-fault accidents, New Jersey state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, homeowner, safe-driver, marriage, multi-policy, and multi-car discounts applied.

Popular auto insurance companies and the discounts they provide are:

• State Farm has savings for accident-free, defensive driving training, good driver, multiple autos, and multiple policy.
• GEICO has discounts for multi-policy, anti-theft, seat belt use, daytime running lights, military active duty, emergency military deployment, and multi-vehicle.
• Liberty Mutual includes discounts for newly married, safety features, multi-car, new move discount, good student, and hybrid vehicle.
• The Hartford offers premium reductions for defensive driver, driver training, good student, anti-theft, air bag, and bundle.
• MetLife offers discounts including accident-free, defensive driver, good driver, multi-policy, good student, claim-free
• Progressive discounts include continuous coverage, multi-policy, homeowner, online signing, good student, multi-vehicle, and online quote discount.

Double check with all companies you are considering which discounts can lower your rates. Some of the discounts discussed earlier may not be available in your state.

Don’t assume everyone needs the same car insurance coverage

When it comes to choosing coverage for your vehicles, there is no cookie cutter policy. Your needs are unique to you and your car insurance should unique, too. For instance, these questions could help you determine whether your personal situation may require specific advice.

• Do I benefit by insuring my home with the same company?
• Is business equipment covered while in my vehicle?
• Am I getting all the discounts available?
• Can I pay claims out-of-pocket if I buy high deductibles?
• What if I don’t agree with a claim settlement offer?
• When would I need rental car insurance?
• Should I file a claim if it’s only slightly more than my deductible?
• Are my tools covered if they get stolen from my vehicle?

If you don’t know the answers to these questions, then you may want to think about talking to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of car insurance companies in your area.

Insurance quotes from neighborhood Newark auto insurance agents

Certain consumers still like to get professional advice from a licensed agent and that is a personal choice. A nice benefit of getting free rate quotes online is that you can obtain the best rates but still work with a licensed agent. Buying from local insurance agents is definitely important in Newark.

Upon completion of this short form, your insurance coverage information gets sent to companies in Newark who want to provide quotes and help you find cheaper coverage. It’s much easier because you don’t need to do any legwork because quoted prices will be sent directly to you. You can find lower rates AND a local agent. In the event you want to get a price quote from a specific company, you just need to find their quoting web page and fill out the quote form the provide.

Finding a good company requires more thought than just the premium amount. Any agent in Newark should be willing to answer these questions.

• Does the company allow you to choose your own collision repair facility?
• Are they primarily personal or commercial lines agents in Newark?
• Is their price quote a firm figure or are their hidden costs?
• Do they assist clients in filing claims?
• Is the quote a firm price?
• Do you work with a CSR or direct with the agent?
• Will high miles depreciate repair valuations?

Quote more to save more

Lower-priced Suzuki SX4 insurance in Newark can be purchased from both online companies and with local Newark insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. There are still a few companies who don’t offer the ability to get quotes online and these small, regional companies only sell coverage through local independent agencies.

When buying insurance coverage, it’s not a good idea to buy lower coverage limits just to save a few bucks. There have been many cases where drivers have reduced liability limits or collision coverage only to regret that their decision to reduce coverage ended up costing them more. Your objective should be to buy the best coverage you can find for the lowest cost, not the least amount of coverage.

For more information, feel free to visit the following helpful articles:

• Understanding Your Insurance Deductible (Insurance Information Institute)
• Who Has the Cheapest Auto Insurance for a Ford F-150 in Newark? (FAQ)
• Who Has Affordable Newark Auto Insurance for Infrequent Drivers? (FAQ)
• How Much are Auto Insurance Quotes with Multiple Speeding Tickets in Newark? (FAQ)
• Who Has Affordable Auto Insurance for State Employees in Newark? (FAQ)
• Auto Insurance Learning Center (State Farm)
• What is Full Coverage? (Allstate)
• Automakers compete to add autobraking (Insurance Institute for Highway Safety)