Consumer Tested Strategies to Save on Fort Lee Auto Insurance

Having to pay for overpriced auto insurance can overdraw your savings account and put a big crunch on your finances. Comparison shopping is free, only takes a few minutes, and is a good way to cut your insurance bill. Multiple compete for your business, and because of this it can be hard to compare and uncover the absolute lowest price

If you have a current auto insurance policy or need new coverage, you will benefit by learning to find better prices and possibly find even better coverage. Choosing the best insurance company for you in Fort Lee is not that difficult. New Jersey consumers only need to know the most efficient way to find the lowest price over the internet.

Good Decisions Result in Lower Rates

Consumers need to have an understanding of the different types of things that help determine the price you pay for auto insurance. Understanding what impacts premium levels enables informed choices that could result in lower auto insurance prices.

The following are some of the factors auto insurance companies consider when setting premiums.

  • Do you need those extra coverages? - There are a ton of add-on coverages that you can get tricked into buying on your auto insurance policy. Coverages like personal injury protection, accidental death and term life insurance may be costing you every month. These may sound like a good investment initially, but if they're wasting money get rid of them and save.
  • Teen drivers pay high rates - More mature drivers are more responsible, tend to file fewer claims and tend to be better behind the wheel. Teen drivers are known to be more careless 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. Having a spouse means you're more responsible and statistics show married drivers get in fewer accidents.
  • Don't skimp on liability - Liability coverage is the protection if a court rules you are at fault for causing damage or personal injury in an accident. Liability insurance provides legal defense coverage starting from day one. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so do not cut corners here.
  • Please use or commuting - Driving more miles in a year's time the more you'll pay to insure your vehicle. Most insurance companies apply a rate based upon how you use the vehicle. Cars and trucks left parked in the garage can get a lower rate as compared to vehicles used primarily for driving to work. Make sure your auto insurance coverage is showing the proper vehicle usage, because it can save money.

auto insurance in Fort Lee

Free Fort Lee Auto Insurance Quotes

There are multiple methods to compare auto insurance quotes, and some are less labor-intensive and much quicker. You can spend your afternoon driving to insurance companies in Fort Lee, or you could use the web to accomplish the same thing much quicker.

Most of the larger companies enroll in a system that enables customers to only type in their quote data once, and each participating company provides a quote for coverage. This saves time by eliminating repetitive form submissions to each individual auto insurance company.

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

The only downside to doing it this way is you can't choose which providers to get pricing from. So if you want to choose specific providers to compare prices, we put together a list of companies who write auto insurance 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 each price quote. If you use mixed coverages you can't possibly truly determine the lowest rate in Fort Lee.

Don't pay full price with these discounts

Insurance can be prohibitively expensive, but you can get discounts that you may not know about. Certain discounts will be applied when you get a quote, but some must be asked for before you will receive the discount. If they aren't giving you every credit you deserve, you are paying more than you should be.

  • Driver Safety - Completing a course in driver safety could cut 5% off your bill if your company offers it.
  • Student in College - Kids in college who live away from home and do not have access to a covered vehicle may be able to be covered for less.
  • Paperless Signup - Certain companies will discount your bill up to fifty bucks for buying your policy on their website.
  • Organization Discounts - Participating in certain professional organizations is a good way to get lower rates when buying auto insurance.
  • Multiple Vehicles - Having multiple vehicles with the same company can get a discount on all vehicles.
  • Accident Waiver - A few companies allow you one accident before hitting you with a surcharge so long as you haven't had any claims prior to the accident.
  • Life Insurance - Companies who offer life insurance give lower rates if you buy a life insurance policy as well.

A little note about advertised discounts, most discount credits are not given to the overall cost of the policy. Most only apply to specific coverage prices like liability and collision coverage. So even though it sounds like you can get free auto insurance, you won't be that lucky. Any amount of discount will cut your premiums.

To choose insurers who offer auto insurance discounts in Fort Lee, click here to view.

The auto insurance bait and switch

New Jersey consumers can't ignore all the ads for car insurance savings by 21st Century, Allstate and State Farm. All the companies make an identical promise about savings after switching to their company.

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

All companies have a preferred profile for the driver that makes them money. An example of a profitable customer could possibly be between the ages of 30 and 50, insures multiple vehicles, and drives newer vehicles. A customer getting a price quote who meets those qualifications is entitled to the best price and therefore will cut their rates substantially.

Drivers who don't measure up to the "perfect" profile must pay higher premiums and ends up with the driver buying from a lower-cost company. The ads state "customers who switch" not "everyone that quotes" save that much. This is how companies can truthfully claim big savings.

This illustrates why you need to get quotes from several different companies. It's impossible to know which insurance companies will give you the biggest savings.

Your personal situation dictates your coverage

When buying proper insurance coverage for your personal vehicles, there is no cookie cutter policy. Your needs are not the same as everyone else's so your insurance should reflect that Here are some questions about coverages that may help you determine whether or not you might need an agent's assistance.

  • Should I rate my vehicle as pleasure use or commute?
  • Why does it cost so much to insure a teen driver in Fort Lee?
  • Does my liability insurance cover pulling a trailer or camper?
  • Are rental cars covered under my policy?
  • Am I covered if I wreck a rental car?
  • I have good health insurance, so how much medical payments coverage do I need?
  • What are the financial responsibility laws in New Jersey?
  • Am I covered when driving on a suspended license?

If you're not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It is quick, free and you can get the answers you need.

Additional information is available on the website for the New Jersey Department of Banking and Insurance found here. New Jersey consumers can discover disciplinary actions, read enforcement actions against agents and companies, get help finding coverage, and find out which companies have the most complaints.

Fort Lee auto insurance comparison

And the best car insurance company is...

The cheapest auto insurance can be sourced online and also from your neighborhood Fort Lee agents, and you should compare price quotes from both to have the best chance of lowering rates. A few companies may not provide online price quotes and usually these smaller companies provide coverage only through local independent agents.

When trying to cut insurance costs, never reduce coverage to reduce premium. There are a lot of situations where drivers have reduced liability limits or collision coverage only to find out that it was a big mistake. The proper strategy is to buy a smart amount of coverage at the best price while not skimping on critical coverages.