6 Best Tips to Lower Car Insurance Costs in Fairfield

If price shopping car insurance online is new to you, you can be overwhelmed because of the huge number of car insurance companies all offering big savings in Fairfield.

It's important to compare prices occasionally since rates are constantly changing. Just because you found the lowest price a few years ago you will most likely find a better rate today. There is a lot of wrong information about car insurance online, so I'm going to show you some great ways to put money back in your pocket.

Shopping for the cheapest car insurance in Fairfield is easy if you know what you're doing. If you have a policy now or are looking for a new policy, you can learn to find better prices while maintaining coverages. New Jersey drivers only need an understanding of the proper methods to shop their coverage around on the web.

More discounts equal less premium

Insuring your vehicles can cost a lot, but you can get discounts that you may not know about. A few discounts will automatically apply at the time of purchase, but a few must be manually applied prior to receiving the credit. If you don't get every credit you qualify for, you are throwing money away.

  • Accident Forgiveness - Some insurance companies permit an accident before your rates go up as long as you don't have any claims prior to the accident.
  • Anti-theft Discount - Anti-theft and alarm systems are stolen less frequently and qualify for as much as a 10% discount.
  • Homeowners Savings - Owning a house in Fairfield may trigger a car insurance policy discount because maintaining a house shows financial diligence.
  • Good Student - Performing well in school can get you a discount of up to 25%. Earning this discount can benefit you up until you turn 25.
  • Discount for Life Insurance - Larger companies have a break if you buy a life insurance policy as well.
  • Senior Citizens - If you qualify as a senior citizen, you may receive better car insurance rates.

Consumers should know that most credits do not apply to your bottom line cost. Some only apply to the cost of specific coverages such as liability, collision or medical payments. So even though it sounds like all the discounts add up to a free policy, companies don't profit that way. Any qualifying discounts will help reduce your premiums.

It's not one size fits all

When it comes to buying the best car insurance coverage for your vehicles, there really is no "best" method to buy coverage. Everyone's needs are different.

Here are some questions about coverages that might point out if you might need professional guidance.

  • Does my policy cover me when driving someone else's vehicle?
  • Do I need special endorsements for business use of my vehicle?
  • When do I need to add a new car to my policy?
  • Should I buy only the required New Jersey minimum liability coverage?
  • What are the financial responsibility laws in New Jersey?
  • Do I need to file an SR-22 for a DUI in New Jersey?
  • Do I have any recourse if my insurance company denies a claim?

If you don't know the answers to these questions but a few of them apply then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form. It's fast, doesn't cost anything and can provide invaluable advice.

Switch companies and save? Really?

Consumers in New Jersey get pounded daily by advertisements for cheaper car insurance by State Farm, GEICO and Progressive. They all seem to say the same thing of big savings if you change to their company.

But how can every company claim to save you money?

All companies have a certain "appetite" for the driver that earns them a profit. For instance, a desirable insured might be between 30 and 50, owns a home, and drives less than 7,500 miles a year. Any new insured who fits that profile will qualify for the lowest rates and therefore will save a lot of money.

Potential customers who do not match this ideal profile will have to pay higher prices which usually ends up with the customer not buying. The ad wording is "people who switch" not "everyone that quotes" save that much. That is how insurance companies can confidently advertise the way they do.

Because of the profiling, you should get as many comparisons as possible. It's just too difficult to predict which company will provide you with the cheapest rates.

For more New Jersey car insurance information

Additional car insurance information is located on the New Jersey Department of Banking and Insurance website through this link. Visitors are able to learn about insurance regulations, read consumer alerts, and report car insurance fraud.

Also read more on this site for New Jersey car insurance information and see this list of insurance agents in Fairfield.

Fairfield car insurance quote

In the end, you save

Cost effective car insurance can be sourced both online and also from your neighborhood Fairfield agents, so compare prices from both so you have a total pricing picture. Some car insurance companies may not provide you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.

When shopping online for car insurance, don't be tempted to buy lower coverage limits just to save a few bucks. In many cases, an insured cut collision coverage and learned later that a couple dollars of savings turned into a financial nightmare. Your aim should be to get the best coverage possible at an affordable rate.

We just covered a lot of tips how to reduce car insurance prices online. It's most important to understand that the more rate comparisons you have, the better your comparison will be. You may even find the best prices are with an unexpected company.