How to Know You're Spending Too Much for Auto Insurance in Fair Lawn

Scraping up a payment for overpriced auto insurance can dwindle your savings account and put a big crunch on your finances. Doing a price comparison is free, only takes a few minutes, and is a good way to slash your bill and have more diposable income.

Numerous battle for your hard-earned dollar, and because of this it can be hard to compare and get the best coverage at the lowest rate

It's important to get comparison quotes quite often because insurance rates are constantly changing. Just because you found the best deal a few years ago you may be paying too much now. Starting right now, ignore everything you know about auto insurance because you're about to learn the only way to save on auto insurance.

If you are paying for car insurance now, you will most likely be able to save some money using this information. Finding affordable coverage in Fair Lawn is easy if you know what you're doing. But New Jersey drivers do need to know the way insurance companies sell online and take advantage of how the system works.

Low Cost Fair Lawn Auto Insurance

Effectively comparing auto insurance prices can take time and effort if you don't know the most efficient way to do it. You could spend your day driving to insurance agencies in Fair Lawn, or you can stay home and use online quotes to get pricing more quickly.

All the larger companies participate in a marketplace that allows shoppers to only type in their quote data once, and every company can give them a price based on that data. This saves time by eliminating repetitive form submissions for each company you want a rate for.

To submit your quote information now, click here (opens in new window).

The only drawback to using this type of form is you are unable to specify which companies you want to price. So if you want to choose specific insurance companies to compare, we have a page of the cheapest auto insurance companies in New Jersey. Click to view list.

It's up to you which method you use, but make darn sure you compare the exact same quote information for every company. If you have mixed coverages you will not be able to decipher which rate is best in Fair Lawn. Quoting even small variations in insurance coverages could mean much higher rates. And when comparison shopping, having more price comparisons will increase your chances of finding the best offered rates.

Understand what determines the rate you pay

It's important that you understand the different types of things that help determine the price you pay for auto insurance. Understanding what controls the rates you pay helps enable you to make changes that can help you get big savings.

Consolidate policies to earn discounts - Many insurers give discounts to customers who have multiple policies with them. It's known as a multi-policy discount. Discounts can be five, ten or even twenty percent. Even though this discount sounds good, it's in your best interest to shop around to confirm you are receiving the best rates possible.
Older drivers save more - More mature drivers tend to be more responsible, file fewer claims and are safer drivers. Teen drivers are known to be careless and easily distracted when driving therefore auto insurance rates are much higher.
Pay less if you're married - Being married can get you a discount on your policy. Marriage usually means you are more mature than a single person it has been statistically shown that married drivers get in fewer accidents.
Safer cars are cheaper to insure - Vehicles with good safety scores can get you lower premiums. Safer cars have better occupant injury protection and lower injury rates translates into savings for insurance companies and lower rates for you.
Occupation reflects on rates - Did you know that where you work can have an impact on rates? Occupations like doctors, business owners and accountants are shown to have higher rates than average in part from stressful work requirements and lots of time spent at work. On the flip side, occupations like pilots, athletes and performers pay the least.

How much can you save with discounts?

Car insurance is not cheap, but companies offer discounts that you may not know about. Larger premium reductions will be automatically applied at quote time, but lesser-known reductions have to be manually applied in order for you to get them.

Anti-lock Brake System - Vehicles with anti-lock braking systems can reduce accidents and will save you 10% or more.
Resident Student - Kids in college who live away from home and do not have access to a covered vehicle can receive lower rates.
E-sign - A handful of insurance companies will discount your bill up to fifty bucks for buying a policy and signing up on their website.
Low Mileage - Fewer annual miles can qualify you for discounted rates on garaged vehicles.
Military Discounts - Being on active duty in the military may qualify for rate reductions.
No Claims - Drivers who don't have accidents can earn big discounts compared to frequent claim filers.
Own a Home - Being a homeowner can help you save on auto insurance due to the fact that maintaining a home requires personal responsibility.
Passive Restraints and Air Bags - Vehicles with factory air bags or automatic seat belts can get savings of more than 20%.
Student Driver Training - Require your teen driver to take driver's ed class if it's offered in school.

Consumers should know that most discount credits are not given to the overall cost of the policy. Some only reduce the price of certain insurance coverages like comprehensive or collision. Just because it seems like having all the discounts means you get insurance for free, companies don't profit that way. But all discounts will cut the amount you have to pay.

For a list of providers who offer auto insurance discounts in Fair Lawn, click here to view.

How much car insurance do I need?

When it comes to choosing proper insurance coverage for your personal vehicles, there is no one size fits all plan. Every insured's situation is different so your insurance should reflect that For example, these questions may help you determine if your insurance needs would benefit from professional advice.

Do I need PIP (personal injury protection) coverage in New Jersey?
Why does it cost so much to insure a teen driver in Fair Lawn?
Does my personal policy cover me when driving my company car?
Is my dog or cat covered if injured in an accident?
Am I covered when delivering products for my home-based business?
Will I be non-renewed for getting a DUI or other conviction?
Does my policy cover my teen driver if they drive my company car?
Do I have coverage when using my vehicle for my home business?

If you're not sure about those questions, you might consider talking to a licensed agent. If you don't have a local agent, take a second and complete this form or click here for a list of auto insurance companies in your area.

Much more information about auto insurance in New Jersey is available on the website for the New Jersey Department of Banking and Insurance. Click here for link. New Jersey consumers can read consumer alerts, read enforcement actions against agents and companies, get help finding coverage, and find disaster information.

Final considerations

When shopping online for auto insurance, you should never reduce needed coverages to save money. Too many times, drivers have reduced comprehensive coverage or liability limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to find the BEST coverage for the lowest price, not the least amount of coverage.

Discount auto insurance can be sourced online in addition to many Fair Lawn insurance agents, and you need to price shop both in order to have the best chance of saving money. Some auto insurance companies do not provide online quoting and many times these smaller companies only sell through independent insurance agents.