Tightwads Guide to Saving on Trenton Auto Insurance

Having to pay for overpriced auto insurance can dwindle your checking account, especially in this economy. Comparing price quotes is a great way to cut your insurance bill.

Since consumers have many options when it comes to auto insurance, it can be diffult for consumers to locate the right company.

It's important to take a look at other company's rates on a regular basis since insurance rates are constantly changing. Just because you had the best rates a few years ago you will most likely find a better rate today. You can find a lot of misleading information regarding auto insurance online but we're going to give you some great ways to put money back in your pocket.

Finding the best rates in Trenton is quite easy. If you currently have a car insurance policy, you will be able to reduce your rates substantially using this strategy. Nevertheless, New Jersey vehicle owners do need to know the methods companies use to sell insurance online.

Are you getting all your discounts?

Companies offering auto insurance don't list every available discount very well, so the following is a list of some of the best known and also the lesser-known discounts you could be receiving.

  • Theft Prevention Discount - Vehicles with anti-theft systems are stolen less frequently and earn discounts up to 10%.
  • Accident Waiver - Some insurance companies allow you one accident before your rates go up if you are claim-free for a set time period.
  • Early Signing - Some companies give discounts for signing up prior to your current policy expiring. This can save 10% or more.
  • Payment Discounts - By paying your policy upfront instead of monthly or quarterly installments you may reduce your total bill.
  • Clubs and Organizations - Affiliation with a professional or civic organization may earn a discount on your policy.
  • Low Mileage - Driving fewer miles could qualify for a substantially lower rate.
  • Service Members Pay Less - Being deployed with a military unit could mean lower rates.
  • Defensive Driver - Successfully completing a course teaching defensive driving skills could cut 5% off your bill if you qualify.

Consumers should know that some credits don't apply to all coverage premiums. Most only cut specific coverage prices like comprehensive or collision. Just because it seems like adding up those discounts means a free policy, companies don't profit that way.

Trenton auto insurance quote

How can Allstate and Progressive save drivers who switch?

Companies like Allstate and Progressive constantly bombard you with ads on television and other media. All the ads have a common claim of big savings if you switch to their company. But how can every company say the same thing? It's all in the numbers.

Insurance companies have a preferred profile for the driver that earns them a profit. A good example of a preferred risk might be profiled as over the age of 40, insures multiple vehicles, and drives less than 7,500 miles a year. A propective insured that hits that "sweet spot" will qualify for the lowest rates and as a result will probably save a lot of money.

Potential insureds who are not a match for this ideal profile will be charged more money and this can result in business not being written. The ad wording is "customers who switch" not "everybody who quotes" save that much. This is how insurance companies can confidently advertise the way they do. That is why you should get a wide range of price quotes. It's not possible to predict which insurance companies will provide you with the cheapest rates.

For more New Jersey auto insurance information

More tips and info about auto insurance can be read at the New Jersey Department of Banking and Insurance website. New Jersey drivers can read consumer alerts, learn about insurance regulations, file complaints about a company, and view a list of available companies.

Also read more on BankRate.com's Car Insurance: When not to Skimp and this Trenton agent directory.

The best insurance company isn't always the cheapest

When shopping online for auto insurance, do not buy lower coverage limits just to save a few bucks. Too many times, drivers have reduced collision coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to purchase a proper amount of coverage at the best price, not the least amount of coverage.

Cost effective auto insurance is available on the web and also from your neighborhood Trenton agents, and you need to comparison shop both in order to have the best chance of saving money. Some auto insurance companies may not provide you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.

In this article, we covered a lot of ways to reduce auto insurance prices online. The key thing to remember is the more quotes you get, the more likely it is that you will get a better rate. You may even discover the lowest premiums are with a small mutual company. Regional companies may often insure only within specific states and give getter rates than the large multi-state companies such as .