Locating the lowest price quotes on the web might appear somewhat intimidating for people who are beginners to quoting and comparison shopping online. With such a large choice of companies in the marketplace, how can people efficiently compare every car insurance company to find better car insurance prices?
Shocking but true, the vast majority of California car insurance customers have stayed with the same insurance company for over three years, and nearly half have never compared car insurance rates at all. American consumers could save themselves up to 46.5% a year by just comparing rate quotes, but most just don't grasp how much savings they would realize if they replace their high priced policy.
You need to compare premium rates occasionally because insurance prices are constantly changing. Even if you got the lowest quotes on car insurance a few years ago you can probably find a lower rate today. Block out anything you think you know about car insurance because you're about to learn the best way to reduce your cost while improving coverage.
Quoting and comparing the cheapest policy in Newark is not as confusing as people think. Nearly each driver who compares rates for auto insurance will probably find a lower price. Although California drivers can benefit from knowing how big insurance companies calculate your auto insurance rates and apply this information to your search.
Most major insurance companies such as State Farm, Allstate and GEICO allow you to get insurance quotes on the web. Obtaining pricing is quite simple as all you need to do is type in your required coverages as detailed in the form. After the form is submitted, the system obtains credit information and your driving record and generates a price.
This streamlines rate comparisons, and it's very important to have as many quotes as possible if you want to find cheaper prices.
To fill out one form to compare multiple rates now, compare rate quotes from the providers shown below. If you currently have coverage, we recommend you duplicate your coverages as close as possible to your current policy. This helps ensure you're receiving a fair comparison for similar coverage.
The providers in the list below have been selected to offer free rate quotes in Newark, CA. If you want the cheapest car insurance in California, we recommend you get rates from several of them to get the best price comparison.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Malibu LT||$1,192||$596||$99|
|Chevrolet Silverado Crew Cab Hybrid 4WD||$2,074||$1,037||$173|
|Dodge Ram Quad Cab SLT 4WD||$1,904||$952||$159|
|Ford Edge Limited 2WD||$1,028||$514||$86|
|Ford Escape Limited 2WD||$1,360||$680||$113|
|Ford F-150 XLT Crew Cab 2WD||$1,106||$553||$92|
|Ford Focus S 4-Dr Sedan||$1,028||$514||$86|
|Honda Accord EX 4-Dr Sedan||$1,482||$741||$124|
|Honda CR-V EX-L 4WD||$1,148||$574||$96|
|Honda Civic EX 2-Dr Coupe||$1,846||$923||$154|
|Hyundai Sonata GLS 4-Dr Sedan||$1,458||$729||$122|
|Jeep Grand Cherokee Limited 2WD||$1,436||$718||$120|
|Nissan Altima 2.5 S 2-Dr Coupe||$1,730||$865||$144|
|Toyota Camry SE||$1,620||$810||$135|
|Toyota Corolla S||$1,230||$615||$103|
|Get Your Own Custom Quote Go|
Price data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Information does not factor in zip code location which can raise or lower coverage prices greatly.
Drive safe and save
The information below highlights how traffic violations and at-fault collisions can increase Honda Accord car insurance rates for different categories of driver ages. Data assumes a single female driver, full physical damage coverage, $100 deductibles, and no discounts are applied to the premium.
Honda Accord rates are for example purposes only. To get rates for your specific vehicle, click here.
Difference between liability only and full coverage rates
The information below illustrates the comparison of GMC Acadia car insurance costs when comparing full coverage to liability only. The information is based on no claims or driving violations, $250 deductibles, married female driver, and no discounts are applied to the premium.
GMC Acadia rates are for example purposes only. To get rates for your specific vehicle, click here.
Should you buy full coverage or liability only?
There is no clear-cut formula of when to exclude physical damage insurance, but there is a general guideline. If the annual cost of comprehensive and collision coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then it might be time to buy liability only.
For example, let's say your GMC Acadia book value is $9,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company will settle for is $8,000 after paying the physical damage deductible. If premiums are more than $800 a year for physical damage coverage, then it might be time to buy liability only.
There are some conditions where dropping physical damage coverage is not advised. If you haven't paid off your loan, you must maintain physical damage coverage to protect the lienholder's interest. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should keep full coverage on your policy.
Annual premiums for males compared to females in Newark
The example below illustrates the comparison of insurance costs for male and female drivers in Newark. The rates are based on no violations or accidents, comp and collision included, $100 deductibles, drivers are single, and no other discounts are factored in on a Ford Escape XLS.
Ford Escape rates are for example purposes only. To get rate quotes for your specific vehicle, click here.
Lower rate quotes on car insurance with these ten car insurance discounts
Companies offering auto insurance don't always list every policy discount very well, so here is a list a few of the more common and the more hidden credits available to lower your premiums when you buy Newark auto insurance online.
- Low Mileage Discounts - Low annual miles can earn slightly better premium rates than normal.
- Save with More Vehicles Insured - Buying coverage for multiple cars or trucks on one policy can get a discount for every vehicle.
- Telematics Data - Drivers who elect to allow their company to track driving habits by using a small device installed in their vehicle such as Progressive's Snapshot may see discounts if they have good driving habits.
- Accident-Free Discounts - Insureds who avoid accidents and claims can earn big discounts in comparison to accident-prone drivers.
- New Car Discount - Putting insurance on a new car may earn a small discount due to better safety requirements for newer models.
- Membership in Organizations - Affiliation with a civic or occupational organization in Newark can get you a small discount when getting a Newark auto insurance quote.
- Distant Student Discount - Any of your kids who are enrolled in a college that is more than 100 miles from Newark and leave their car at home could qualify for this discount.
- Lower Rates for Military - Being deployed with a military unit can result in better prices.
- Good Student - Getting good grades can save 20 to 25%. The good student discount can last up until you turn 25.
- Senior Citizen Rates - Drivers that qualify as senior citizens can get a slight reduction on a Newark auto insurance quote.
While discounts sound great, it's important to understand that most discount credits are not given to all coverage premiums. Most only cut the cost of specific coverages such as comprehensive or collision. Despite the appearance that you can get free auto insurance, you aren't that lucky.
Some companies that may offer policyholders most of these discounts include:
When comparing rates, check with all companies you are considering how you can save money. Savings might not be offered on policies in your state. If you would like to see a list of insurers that offer many of these discounts in California, click here to view.
Three reasons insurance is important
Even though it's not necessarily cheap to insure a vehicle in Newark, insurance may not be optional for several reasons.
- Most states have mandatory insurance requirements which means it is punishable by state law to not carry a specific level of liability insurance coverage in order to drive the car. In California 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 your vehicle has a loan, it's guaranteed your bank will stipulate that you have full coverage to ensure they get paid if you total the vehicle. If you do not pay your insurance premiums, the lender will be forced to insure your vehicle for a much higher rate and require you to pay for the expensive policy.
- Insurance safeguards not only your vehicle but also your financial assets. Insurance will also pay for all forms of medical expenses for yourself as well as anyone injured by you. One policy coverage, liability insurance, will also pay to defend you if you cause an accident and are sued. If your vehicle suffers damage from an accident or hail, your policy will pay all costs to repair after the deductible has been paid.
The benefits of having insurance more than offset the price you pay, especially if you ever need it. Unknowingly, the average driver is wasting up to $850 per year so you should quote and compare rates once a year at a minimum to help ensure money is not being wasted.
Auto insurance coverage information
Understanding the coverages of a insurance policy aids in choosing which coverages you need and proper limits and deductibles. The terms used in a policy can be impossible to understand and coverage can change by endorsement.
Comprehensive or Other Than Collision - This pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive insurance covers claims such as damage from getting keyed, falling objects, a broken windshield, fire damage and damage from a tornado or hurricane. The most a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle's value is low it's probably time to drop comprehensive insurance.
Collision coverages - This coverage pays for damage to your vehicle resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.
Collision insurance covers claims like scraping a guard rail, hitting a parking meter, hitting a mailbox, driving through your garage door and sideswiping another vehicle. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. You can also choose a higher deductible to save money on collision insurance.
UM/UIM Coverage - This protects you and your vehicle's occupants when the "other guys" either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle's occupants and also any damage incurred to your vehicle.
Since many California drivers have only the minimum liability required by law (15/30/5 in California), it only takes a small accident to exceed their coverage. That's why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually your uninsured/underinsured motorist coverages are set the same as your liability limits.
Medical costs insurance - Medical payments and Personal Injury Protection insurance kick in for immediate expenses such as pain medications, doctor visits, funeral costs, X-ray expenses and ambulance fees. They are used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage
Liability auto insurance - Liability coverage provides protection from damages or injuries you inflict on a person or their property that is your fault. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 15/30/5 which stand for $15,000 bodily injury coverage, a total of $30,000 of bodily injury coverage per accident, and property damage coverage for $5,000. Some companies may use one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.
Liability insurance covers things such as emergency aid, court costs, structural damage, funeral expenses and medical expenses. The amount of liability coverage you purchase is a personal decision, but buy as much as you can afford. California requires drivers to carry at least 15/30/5 but you should consider buying higher limits.