Car Insurance in Cape May - 7 Discounts You Might be Unaware of

Are you sick and tired of robbing Peter to pay Paul 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 continually hit you with fancy advertisements and it is challenging if not impossible to sift through the bull and effectively compare rates to find the best deal.

It's important to price shop coverage once or twice a year since rates are constantly changing. Even if you got the lowest price a few years ago there is a good chance you can find better rates now. There is a lot of bad advice regarding car insurance online but we're going to give you some great ways to reduce your car insurance bill.

If you have insurance now or are shopping for new coverage, you will benefit by learning to shop for the lowest rates while maintaining coverages. Buying car insurance in Cape May is easy if you know what you're doing. New Jersey vehicle owners just need to know the tricks to get comparison quotes online.

Comprehensive Car Insurance Comparison in Cape May

Reducing your insurance rates can be surprisingly simple. Just spend a few minutes comparing rate quotes from different insurance companies. It is quite easy and can be accomplished in just a few minutes using one of these methods.

The fastest way consumers can make multiple comparisons is to use a rate comparison form click to view form in new window. This form prevents you from having to do repetitive form entry for every car insurance company. Taking the time to complete one form compares rates direct from many companies.
A more time consuming way to compare rate quotes is going to the website for each individual company to complete their respective quote request forms. For sake of this example, we'll pretend you want rates from , and . To get rate quotes you would need to spend time on each company's site and enter your information, and that's why the first method is more popular. To view a list of companies in Cape May, click here.

It doesn't matter which method you choose, just double check that you are using exactly the same coverage limits and deductibles on every quote you get. If each company quotes different liability limits you will not be able to determine which rate is truly the best in Cape May.

Take advantage of discounts

Car insurance is not cheap, buy you may qualify for discounts that many people don't even know exist. Some discounts apply automatically when you quote, but a few must be manually applied before you get the savings. If you aren't receiving every discount available, you are paying more than you should be.

Anti-theft Discount - Vehicles equipped with anti-theft or alarm systems help deter theft and therefore earn up to a 10% discount.
Military Discounts - Having a family member in the military could mean lower rates.
Payment Discounts - If paying your policy premium upfront instead of making monthly payments you could save 5% or more.
Senior Citizens - If you're over the age of 55, you may qualify for a discount up to 10%.
Organization Discounts - Being a member of a civic or occupational organization could trigger savings on your policy.
No Claims - Claim-free drivers pay much less compared to accident-prone drivers.
Multi-car Discount - Insuring more than one vehicle with the same company qualifies for this discount.

Consumers should know that many deductions do not apply to the entire cost. Some only apply to the price of certain insurance coverages like comprehensive or collision. Just because you may think you can get free auto insurance, companies don't profit that way. But all discounts will reduce your overall premium however.

To choose providers offering car insurance discounts in Cape May, click this link.

Are car insurance companies telling the truth?

Consumers in New Jersey can't ignore all the ads for the lowest price auto insurance from companies such as Allstate and Progressive. All the ads make the same claim that you'll save big if you switch your policy.

How can each company claim to save you money? This is how they do it.

All companies can use profiling for the right customer that makes them money. For instance, a preferred risk might be over the age of 50, has no tickets, and has a short commute. Any new insured who matches those parameters will qualify for the lowest rates and most likely will save when they switch companies.

Drivers who don't qualify for the requirements will be charged a higher premium which leads to the customer not buying. The ad wording is "drivers who switch" not "people who quote" save that kind of money. That's why companies can make the claims of big savings.

That is why you need to get as many quotes 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 is located on the website for the New Jersey Department of Banking and Insurance. Click here for link. Visitors are able to read consumer alerts, view a list of available companies, file complaints about an insurance agent or broker, and read enforcement actions against agents and companies.

A tidy conclusion

As you shop your coverage around, it's not a good idea to reduce coverage to reduce premium. Too many times, an insured dropped collision coverage and learned later that saving that couple of dollars actually costed them tens of thousands. The aim is to get the best coverage possible for the lowest price, not the least amount of coverage.

Discount car insurance can be found both online in addition to many Cape May insurance agents, and you should be comparing both to have the best selection. Some insurance providers do not provide online price quotes and many times these small, regional companies only sell through independent insurance agents.