Camden Auto Insurance For Less Than You're Paying Now

Finding lower rates for Camden auto insurance is nearly impossible for consumers not familiar with comparison shopping online. Drivers have so many companies to choose from that it can quickly become more work than you anticipated to find lower rates in Camden.

It's important to check auto insurance prices before your policy renews because insurance rates are constantly changing. Even if you think you had the best deal last year you can probably find a better price now. Starting right now, forget all the misinformation about auto insurance because you're about to learn the only way to save money, get proper coverage and the best rates.

If you have a policy now or are shopping for new coverage, you will benefit by learning to get lower rates and possibly find even better coverage. The purpose of this article is to let you in on how car insurance quotes work and some tips to save money. New Jersey consumers only need to know the most effective way to find the lowest price on the web.

What determines how much you pay?

Consumers need to have an understanding of some of the elements that play a part in calculating the price you pay for auto insurance. Understanding what impacts premium levels allows you to make educated decisions that can help you get better auto insurance rates.

Shown below are some of the factors companies use to determine your rates.

Bundling policies can get discounts - Some companies give discounts to customers who buy several policies from them. It's known as a multi-policy discount. Discounts can be anywhere from five to ten percent in most cases. Even if you're getting this discount it's still a good idea to comparison shop to make sure you are getting the best deal. Drivers may still find better rates by insuring with multiple companies.
Your stress level may be raising your rates - Occupations like doctors, architects and accountants tend to pay higher rates than average due to high stress levels and long work hours. On the flip side, jobs such as farmers, athletes and retirees have the lowest average rates.
Safe vehicles cost less to insure - Safer cars are cheaper to insure. Safer cars result in less severe injuries and lower injury rates translates into fewer and smaller insurance claims and lower rates for you.
Don't get talked into coverage you don't need - There are quite a few extra bells and whistles you can purchase on your auto insurance policy. Coverages like personal injury protection, better glass coverage and motor club memberships are examples of these. These may sound like a good investment initially, but if you don't need them get rid of them and save.
Better credit means lower rates - Your credit score is a big factor in your rate calculation. Drivers with high credit scores tend to file fewer claims and have better driving records than those with poor credit. Therefore, if your credit history is low, you could save money insuring your by repairing your credit.
Please use or commuting - The higher the mileage driven every year the higher your rates will be. Most companies apply a rate based upon how you use the vehicle. Vehicles that are left in the garage can get a lower rate as compared to vehicles used primarily for driving to work. Verify your auto insurance declarations sheet is showing the correct usage for each vehicle, because it can save money.
Your spouse saves you money - Being married helps lower the price when buying auto insurance. Marriage is viewed as being more responsible and statistics show drivers who are married are more cautious.
Traffic violations increase rates - Your driving record impacts your car insurance rates tremendously. Even a single speeding ticket can increase rates by as much as thirty percent. Good drivers get better rates than their less careful counterparts. Drivers who get dangerous violations such as DWI, reckless driving or hit and run convictions may be required to file a proof of financial responsibility form (SR-22) with their state DMV in order to prevent a license revocation.

Don't pay full price with these discounts

Companies offering auto insurance don't necessarily list every available discount in an easy-to-find place, so here is a list both well-publicized and also the lesser-known auto insurance savings. If they aren't giving you every credit available, you are paying more than you should be.

Multi-policy Discount - If you insure your home and vehicles with the same insurance company you will save 10% to 20% off each policy.
Accident Free - Claim-free drivers can earn big discounts compared to accident-prone drivers.
Low Mileage - Low mileage vehicles can qualify you for lower rates on the low mileage vehicles.
Safety Course Discount - Taking a course in driver safety could save 5% or more if your company offers it.
Anti-lock Brake Discount - Vehicles equipped with ABS or steering control can avoid accidents and qualify for as much as a 10% discount.
Discount for Life Insurance - Companies who offer life insurance give lower rates if you buy life insurance from them.
Anti-theft System - Anti-theft and alarm systems can help prevent theft and earn discounts up to 10%.

A little note about advertised discounts, most credits do not apply to the entire cost. Most only cut specific coverage prices like comprehensive or collision. Just because you may think you could get a free auto insurance policy, you won't be that lucky.

To choose providers with discount auto insurance rates in Camden, follow this link.

The auto insurance bait and switch

New Jersey consumers can't ignore all the ads for the lowest price auto insurance by companies like Allstate and Progressive. All the ads say the same thing about savings if you change to them.

How do they all make almost identical claims? It's all in the numbers.

Different companies can use profiling for the type of driver that makes them money. An example of a preferred risk could possibly be a mature driver, is a homeowner, and has great credit. A driver who fits that profile will qualify for the lowest rates and therefore will cut their rates substantially.

Drivers who don't measure up to the "perfect" profile will be charged higher premiums which usually ends up with the driver buying from a lower-cost company. The ad wording is "customers who switch" not "everyone that quotes" save money. That's why companies can truthfully advertise the savings. That is why you should get a wide range of price quotes. It is impossible to predict the company that will give you the biggest savings.

Even more information is available at the New Jersey Department of Banking and Insurance website. New Jersey consumers can read consumer alerts, read industry bulletins, and find disaster information.

Best coverage at the best price

As you prepare to switch companies, you should never buy poor coverage just to save money. Too many times, an accident victim reduced comprehensive coverage or liability limits to discover at claim time that the small savings ended up costing them much more. The aim is to purchase a proper amount of coverage at the best price, not the least amount of coverage.

Consumers leave their current company for a variety of reasons including policy non-renewal, high rates after DUI convictions, delays in responding to claim requests or even questionable increases in premium. Regardless of your reason, finding a new auto insurance company is easier than you think.

The cheapest auto insurance is attainable online and with local Camden insurance agents, and you need to price shop both to have the best chance of lowering rates. There are still a few companies who do not offer online price quotes and many times these smaller companies only sell through independent insurance agents.