Easy Methods to Save Money on Bogota Auto Insurance

Using the web to shop for Bogota auto insurance can be difficult if you're new to online rate quotes. But relax because we're going to show you how.

How much can you save with discounts?

Companies that sell car insurance do not list every discount very well, so we researched some of the best known as well as the least known ways to save on auto insurance. If you don't get every credit you qualify for, you're paying more than you need to.

  • Federal Employees - Being employed by or retired from a federal job can earn a discount up to 10% with a few auto insurance companies.
  • Passive Restraint Discount - Cars that have air bags or motorized seat belts can receive discounts of 20% or more.
  • Safety Course Discount - Taking a course teaching defensive driving skills can save you 5% or more and easily recoup the cost of the course.
  • Anti-theft System - Vehicles equipped with anti-theft or alarm systems are stolen less frequently and will save you 10% or more.
  • Pay Now and Pay Less - If paying your policy premium upfront instead of paying each month you may reduce your total bill.
  • Auto/Life Discount - Companies who offer life insurance give a break if you buy life insurance from them.

As a disclaimer on discounts, many deductions do not apply to the entire policy premium. Most only reduce individual premiums such as comp or med pay. So even though they make it sound like you would end up receiving a 100% discount, auto insurance companies aren't that generous.

To see a list of insurance companies with discount auto insurance rates in New Jersey, click this link.

Auto Insurance Comparison Rates in Bogota, NJ

There are several ways to shop for auto insurance, and some are less labor-intensive and much quicker. You can waste a lot of time discussing policy coverages with insurance companies in Bogota, or you could save time and use the web to get the quickest rates.

Many insurance companies belong to an insurance system that allows shoppers to submit their information once, and each participating company returns a competitive quote based on that information. This system prevents you from having to do quotation requests for each company you want a rate for.

To submit your quote information now, click to open in new window.

The single downside to doing it this way is you cannot specify which carriers to get quotes from. So if you prefer to choose individual companies to compare rates, we put together a list of auto insurance companies in New Jersey. Click here to view list.

It doesn't matter which method you choose, just be sure to compare apples-to-apples coverage limits for each price quote. If the quotes have differing limits it's impossible to truly determine the lowest rate in Bogota.

You have some control over your rates

An important part of buying insurance is that you know the rating factors that play a part in calculating auto insurance rates. When you know what positively or negatively impacts premium levels enables informed choices that will entitle you to better auto insurance rates.

Shown below are a partial list of the pieces auto insurance companies consider when setting prices.

  • You might want pay the small claims yourself - Companies in New Jersey give discounts to insureds who are claim-free. If you file claims often, you can pretty much guarantee either policy cancellation or increased premiums. Car insurance is intended to be relied upon for larger claims.
  • Traffic citations inflate rates - Even one citation can boost insurance rates forty percent or more. Careful drivers have lower premiums than their less careful counterparts. If you have dangerous violations like reckless driving, hit and run or driving under the influence may find they need to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to prevent a license revocation.
  • Don't buy coverages you don't need - There are quite a few additional coverages that can waste your money if you aren't careful. Things like vanishing deductibles, accident forgiveness and term life insurance may be wasting your money. These may sound like a good investment when you first buy your policy, but if they're wasting money remove them from your policy.
  • Multi-policy discounts can save money - Some auto insurance companies provide better rates to people who have multiple policies with them, otherwise known as a multi-policy discount. Even if you're getting this discount you still need to compare rates to ensure the best deal.

How much car insurance do I need?

When choosing the best auto insurance coverage for your vehicles, there really is no one size fits all plan. Everyone's situation is a little different.

For example, these questions may help highlight if your insurance needs would benefit from an agent's advice.

  • Am I covered if I drive in a foreign country?
  • Can I rate high risk drivers on liability-only vehicles?
  • Do I really need UM/UIM coverage?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Are my tools covered if they get stolen from my vehicle?
  • When does my teenage driver need to be added to my policy?

If it's difficult to answer those questions then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form. It only takes a few minutes and can help protect your family.

Save 15 percent in 15 minutes? Is it for real?

New Jersey drivers can't get away from ads for cheaper car insurance by Progressive, Allstate and GEICO. They all make the same claim about savings if you change to their company.

But how can every company say the same thing?

Different companies have a certain "appetite" for the driver that is profitable for them. For instance, a driver they prefer might be profiled as between 25 and 40, a clean driving record, and chooses high deductibles. A propective insured who matches those parameters will get the preferred rates and is almost guaranteed to save a lot of money.

Drivers who don't meet this ideal profile will be quoted higher premiums which leads to business not being written. The ads state "customers that switch" but not "drivers who get quotes" save that much. That is how companies can truthfully state the savings. This emphasizes why drivers must get quotes from several different companies. It's not possible to predict which company will give you the biggest savings.

And the best car insurance company is...

Insureds leave their current company for a number of reasons such as extreme rates for teen drivers, poor customer service, questionable increases in premium or policy non-renewal. It doesn't matter what your reason, choosing a new insurance company is actually quite simple.

In this article, we covered many ideas to compare auto insurance prices online. It's most important to understand that the more price quotes you have, the better chance you'll have of finding lower rates. Consumers could even find that the most savings is with some of the lesser-known companies.

Cheap auto insurance is attainable on the web and also from your neighborhood Bogota agents, so you should compare both to have the best chance of lowering rates. Some insurance companies may not provide the ability to get a quote online and these small, regional companies work with independent agents.

New Jersey auto insurance

Even more information is located at the New Jersey Department of Banking and Insurance website. New Jersey drivers can download brochures, file complaints about a company, and discover disciplinary actions.

Additional helpful sites include this site for auto insurance rates in New Jersey and this list of insurance agents in Bogota.