How to Know You're Paying Too Much for Car Insurance in Bordentown

Nobody enjoys paying for car insurance, especially when the cost is way too high. Having so many companies and agents to choose from, it can be hard to choose the most cost effective insurance company.

It's important to price shop coverage periodically because rates are constantly changing. Just because you found the best price last year you may be paying too much now. Forget all the misinformation about car insurance because you're about to learn the quickest way to eliminate unnecessary coverages and save money.

How to Get Bordentown Car Insurance Comparison Quotes

Most major insurance companies provide coverage price quotes online. The process doesn't take a lot of time as you simply enter your personal and coverage information into the quote form. Behind the scenes, their rating system will obtain your driving record and credit report and returns a price based on many factors. This makes it a lot easier to compare rates but having to visit multiple sites and complete many quote forms is repetitive and time-consuming. Unfortunately, it is important to get many rate quotes if you want to find a lower rate.

A less time-consuming method to compare rates utilizes a single form that analyzes rates from many companies. It's a real time-saver, requires less work, and makes quoting online a little more enjoyable. Immediately after submitting the form, it gets priced with multiple companies and you can pick any or none of the returned quotes.

If you find a better price it's easy to complete the application and purchase coverage. The whole process takes 15 minutes at the most and you'll know if lower rates are available.

If you want to find out how much you're overpaying now, click here and enter your information. If you currently have coverage, we recommend you input deductibles and limits identical to your current policy. This way, you will receive a rate comparison based on similar coverages.

Learn How to Buy Car Insurance Cheaper

It's important that you understand some of the elements that play a part in calculating your car insurance rates. When you know what positively or negatively impacts premium levels helps enable you to make changes that can help you get lower car insurance prices.

Shown below are a few of the "ingredients" that factor into your rates.

What type of vehicle do you drive? - The type of car you drive makes a big difference in your rates. The lowest base rates are generally reserved for economy passenger vehicles, but there are many factors that impact the final cost.
How's your driving record? - Drivers with clean records get better rates than their less careful counterparts. Just one moving violation may increase your cost twenty percent or more. Drivers who get dangerous violations like hit and run, DWI or reckless driving convictions may be required to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to prevent a license revocation.
What are your deductibles? - Physical damage coverage, also known as collision and other-than-collision, protects your car from damage. Some examples of claims that would be covered are collision with another vehicle, damage caused by hail, and burglary. Your deductibles are the amount of money you are willing to pay out-of-pocket in the event of a claim. The higher the amount the insured has to pay upfront, the lower your rates will be.
Better credit scores mean better rates - Your credit score is a big factor in determining your rates. Consumers who have high credit scores tend to be less risk to insure than drivers who have lower credit scores. Therefore, if your credit rating is low, you could be paying less to insure your by improving your rating.

More discounts equal less premium

Car insurance can cost a lot, buy you may qualify for discounts that you may not know about. Certain discounts will be applied when you complete an application, but a few need to be asked for before they will apply. If you don't get every credit you qualify for, you're just leaving money on the table.

Discount for Swiching Early - Some companies give discounts for switching to them before your current policy expires. The savings is around 10%.
Good Student - Getting good grades can get you a discount of up to 25%. This discount can apply up until you turn 25.
Homeowners Savings - Being a homeowner may trigger a car insurance policy discount because maintaining a house is proof that your finances are in order.
Passive Restraints - Vehicles with factory air bags or motorized seat belts can receive discounts of 20% or more.
New Car Discount - Buying coverage on a new vehicle can save up to 30% since new cars are generally safer.
Military Discounts - Having a deployed family member could be rewarded with lower premiums.

As a disclaimer on discounts, most credits do not apply to the entire policy premium. Some only reduce specific coverage prices like medical payments or collision. Just because it seems like all the discounts add up to a free policy, car insurance companies aren't that generous. Any amount of discount will help reduce your premiums.

For a list of providers with discount car insurance rates in New Jersey, follow this link.

It's not one size fits all

When it comes to choosing the right insurance coverage for your vehicles, there really is no best way to insure your cars. Every situation is different and a cookie cutter policy won't apply. Here are some questions about coverages that may help highlight if you might need an agent's assistance.

Does my car insurance cover rental cars?
Why am I required to buy high-risk coverage?
When do I need to add a new car to my policy?
Should I drop comprehensive coverage on older vehicles?
Who is covered when they drive my vehicle?
Do I have coverage when using my vehicle for my home business?

If you don't know the answers to these questions but one or more may apply to you then you might want to talk to a licensed agent. If you don't have a local agent, fill out this quick form or click here for a list of car insurance companies in your area. It's fast, free and you can get the answers you need.

Additional information can be found on the website for the New Jersey Department of Banking and Insurance found here. Consumers can learn about specific coverages, file complaints about a company, report car insurance fraud, and find out industry alerts.

Other useful links include III.org's auto insurance page and this directory of insurance agents in Bordentown New Jersey.

And the best car insurance company is...

We just showed you a lot of information how to lower your car insurance rates. It's most important to understand that the more you quote, the more likely it is that you will get a better rate. Drivers may discover the lowest rates come from some of the smallest insurance companies. Smaller companies may have significantly lower rates on certain market segments as compared to the big name companies such as .

Cheap car insurance can be sourced from both online companies in addition to many Bordentown insurance agents, and you should compare price quotes from both to get a complete price analysis. A few companies do not provide online quoting and many times these regional insurance providers only sell through independent insurance agents.