Top 8 Ways You Can Buy Car Insurance for Less in Belvidere New Jersey

Tired of not being able to afford each month for car insurance? You are in the same boat as the majority of other car owners in New Jersey. Big-name insurance companies like State Farm, Allstate, GEICO and Progressive persitently shower you with fancy advertisements and it can be hard to sift through the bull and find the best price available.

If you have a current car insurance policy or are looking for a new policy, you can learn to shop for the lowest rates and still get good coverage. Finding the best rates in Belvidere is easy if you know what you're doing. New Jersey vehicle owners just need to know the most efficient way to shop for car insurance over the internet.

These eight discounts can lower your rates

Properly insuring your vehicles can get expensive, buy you may qualify for discounts that you may not know about. Certain discounts will be applied at the time of quoting, but less common discounts must be inquired about before you will receive the discount. If you aren't receiving every discount available, you are throwing money away.

  • No Claims - Claim-free drivers can save substantially when compared to drivers who are more careless.
  • Payment Method - If paying your policy premium upfront instead of monthly or quarterly installments you could save 5% or more.
  • Homeowners Pay Less - Simply owning a home may earn you a small savings due to the fact that maintaining a home is proof that your finances are in order.
  • Military Discounts - Having a family member in the military may qualify for rate reductions.
  • Anti-theft System - Vehicles equipped with anti-theft or alarm systems help deter theft and therefore earn up to a 10% discount.
  • Passive Restraints and Air Bags - Cars that have air bags can qualify for discounts of more than 20%.
  • Drivers Ed for Students - Make teen driver coverage more affordable by requiring them to successfully complete driver's ed class if it's offered in school.
  • Driver Safety - Taking a driver safety course could save 5% or more if you qualify.

Consumers should know that most discount credits are not given to the entire cost. Some only apply to the price of certain insurance coverages like comp or med pay. So even though they make it sound like you could get a free car insurance policy, companies don't profit that way. But all discounts will reduce the cost of coverage.

Are you falling for claims of savings?

Consumers get pounded daily by advertisements for the lowest price auto insurance from companies such as Progressive, Allstate and GEICO. They all make the same claim that you'll save big after switching your policy.

How can each company make the same claim? This is how they do it.

Different companies can use profiling for the right customer that earns them a profit. For example, a driver they prefer could be between the ages of 30 and 50, has no tickets, and has great credit. Any new insured who matches those parameters will qualify for the lowest rates and as a result will probably save when they switch companies.

Potential insureds who are not a match for the requirements will be quoted more money which leads to business going elsewhere. The ad wording is "drivers who switch" not "everybody who quotes" save that kind of money. That's why companies can advertise the savings.

This emphasizes why you should get as many comparisons as possible. It's just too difficult to predict the company that will fit your personal profile best.

Much more information about car insurance in New Jersey can be found on the website for the New Jersey Department of Banking and Insurance. Click here for link. Consumers can read industry bulletins, view a list of available companies, get help finding coverage, and read consumer alerts.

compare Belvidere car insurance rates

In the end, you save

Discount car insurance can be sourced from both online companies in addition to many Belvidere insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. There are still a few companies who do not provide you the ability to get quotes online and these regional insurance providers work with independent agents.

When you buy insurance online, it's not a good idea to buy lower coverage limits just to save a few bucks. There are too many instances where an insured dropped physical damage coverage only to discover later that the few dollars in savings costed them thousands. Your strategy should be to get the best coverage possible for the lowest price while still protecting your assets.