Car Insurance in Forked River - 7 Ways to Save Money

Having to pay for overpriced car insurance can overdraw your personal savings and make it impossible to make ends meet. Comparison shopping is a great way to tighten up your finances. Big companies like GEICO and Progressive persitently shower you with advertising and consumers find it hard to sift through the bull and find the best price available.

It's important to get comparison quotes quite often since rates are constantly changing. Even if you got the best rates six months ago the chances are good that you can find a lower rate today. You'll find quite a bit of inaccurate information about car insurance on the web, but we're going to give you some great ways to save money.

If you have a current car insurance policy or need a new policy, you can follow these tips to shop for the lowest rates and still get good coverage. Finding affordable coverage in Forked River is not that difficult. New Jersey consumers only need to know the proper methods to compare prices over the internet.

How much can you save with these seven discounts?

Companies don't always list every available discount in a way that's easy to find, so the following is a list of some of the more common as well as the least known discounts you could be receiving. If you aren't receiving every discount you deserve, you're paying more than you need to.

Good Student Discount - A discount for being a good student can save 20 to 25%. The good student discount can last well after school through age 25.
Resident Student - Youth drivers living away from home attending college and do not have access to a covered vehicle can receive lower rates.
New Car Discount - Buying coverage on a new vehicle can be considerably cheaper compared to insuring an older model.
Government Employees - Being employed by or retired from a federal job can earn a discount up to 10% with certain companies.
Multi-policy Discount - When you combine your home and auto insurance with one company you could get a discount of 10% to 20% off each policy.
E-sign - Some insurance companies will give a small break for buying your policy digitally online.
Life Insurance Discount - Companies who offer life insurance give better rates if you take out life insurance from them.

A little note about advertised discounts, some credits don't apply to the overall cost of the policy. Most cut individual premiums such as medical payments or collision. So even though they make it sound like you would end up receiving a 100% discount, you won't be that lucky.

To see a list of providers who offer car insurance discounts in Forked River, click here.

Free Quotes for Car Insurance in Forked River, New Jersey

Effectively comparing car insurance prices can be a lot of work if you aren't aware of the most efficient way. You can waste a lot of time talking about coverages with local insurance agents in Forked River, or you could save time and use the internet to get rate comparisons in just a few minutes.

Many insurance companies participate in a marketplace that allows shoppers to only type in their quote data once, and each participating company can provide price quotes. This prevents consumers from doing quote requests for each company you want a rate for.

To submit your quote information now, click to open in new window.

The one disadvantage to comparing rates this way is that consumers can't choose which carriers you will receive quotes from. So if you want to choose individual companies to request quotes from, we put together a list of car insurance companies in New Jersey. Click to view list.

Whichever method you choose, make darn sure you compare exactly the same information on every quote you get. If you compare higher or lower deductibles it's impossible to determine which rate is truly the best in Forked River.

How much car insurance do I need?

When choosing coverage for your personal vehicles, there really is not a "perfect" insurance plan. Everyone's situation is a little different and your policy should reflect that. For example, these questions may help you determine if your insurance needs might need professional guidance.

Do I need to file an SR-22 for a DUI in New Jersey?
Do I pay less if my vehicle is kept in my garage?
Can I still get insurance after a DUI?
Am I covered if I drive in a foreign country?
Am I covered when driving in Canada or Mexico?
Does my liability insurance cover pulling a trailer or camper?
What are the financial responsibility laws in New Jersey?
Does my policy cover me when driving someone else's vehicle?

If you can't answer these questions but a few of them apply, then you may want to think about talking 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 only takes a few minutes and can help protect your family.

Save 15 percent in 15 minutes? Is it for real?

Consumers can't get away from ads for car insurance savings from companies such as State Farm and Allstate. All the ads have a common claim about savings after switching your policy.

How can each company make the same claim?

Different companies have a preferred profile for the right customer that is profitable for them. A good example of a preferred risk could be between 30 and 50, insures multiple vehicles, and has a high credit rating. Any new insured that hits that "sweet spot" gets the lowest rates and is almost guaranteed to save when they switch companies.

Drivers who don't meet the requirements will be charged a higher premium and this can result in business going elsewhere. The ads say "customers that switch" but not "drivers who get quotes" save that kind of money. This is how companies can truthfully state the savings. That is why drivers must compare many company's rates. It's just too difficult to predict which insurance companies will have the lowest rates.

In the end, you save

You just learned a lot of ways to compare car insurance prices online. The most important thing to understand is the more you quote, the better your chances of lowering your rates. Consumers may even find the best prices are with some of the lesser-known companies. These smaller insurers may cover specific market segments cheaper compared to the large companies like .

As you restructure your insurance plan, it's a bad idea to reduce coverage to reduce premium. There have been many cases where drivers have reduced collision coverage and discovered at claim time that they should have had better coverage. Your goal should be to purchase plenty of coverage at a price you can afford, not the least amount of coverage.

Even more information can be read at the New Jersey Department of Banking and Insurance website. Consumers can file complaints about a company, read enforcement actions against agents and companies, file complaints about an insurance agent or broker, and download brochures.