Easy Methods to Save Money on Hackettstown Auto Insurance

Finding the lowest cost Hackettstown auto insurance online can be impossible for consumers not familiar with comparison shopping online. With so many choices of online companies available, how can consumers have a chance to compare every company to locate the lowest price?

It's important to do rate comparisons on a regular basis because prices are constantly changing. Even if you got the best price two years ago the chances are good that you can find a lower rate today. Ignore everything you know about auto insurance because you're about to learn the tricks you need to know to lower your rates without sacrificing coverage.

Are you getting all your discounts?

Car insurance is not cheap, but you may find discounts to reduce the price significantly. Certain discounts will be applied at the time of quoting, but a few need to be specially asked for before you will receive the discount.

  • Anti-theft System - Vehicles with anti-theft systems are stolen less frequently and will save you 10% or more.
  • Accident Waiver - Some insurance companies will forgive one accident before raising your premiums if you are claim-free for a certain period of time.
  • Multi-policy Discount - When you combine your home and auto insurance with one insurance company you could get a discount of 10% to 20% off each policy.
  • Own a Home - Being a homeowner can save you money due to the fact that maintaining a home is proof that your finances are in order.
  • E-sign - Some insurance companies may give you up to $50 just for signing your application online.

Keep in mind that some credits don't apply to all coverage premiums. Most only cut individual premiums such as comprehensive or collision. Even though it may seem like you would end up receiving a 100% discount, it just doesn't work that way. But any discount will help reduce the cost of coverage.

To see a list of providers who offer auto insurance discounts in New Jersey, click here.

Hackettstown auto insurance quote

How to Lower Your Auto Insurance Cost in Hackettstown, New Jersey

Most companies allow you to get pricing directly from their websites. This process is pretty easy as you simply enter the coverages you want as detailed in the form. Once you submit the form, the system will obtain information on your driving record and credit history and generates pricing information based on many factors.

This makes comparing rates easy, but the time it takes to visit a lot of sites and complete many quote forms is repetitive and time-consuming. But it's very important to compare as many rates as possible in order to find the best price on auto insurance.

The preferred way to find lower prices uses one form to return rates from a bunch of companies at once. The form is fast, requires much less work on your part, and makes quoting online much more enjoyable and efficient. As soon as the form is sent, it is rated and you can select any or none of the price quotes you receive.

If a lower price is quoted, you simply finish the application and buy the policy. The entire process takes 15 minutes at the most and may save quite a bit of money.

To find out if lower rates are available, click here to open in new window and begin entering your coverage information. If you currently have coverage, we recommend you duplicate the coverages as shown on your current policy. This makes sure you will receive a fair comparison based on the exact same insurance coverage.

Why some people pay less for insurance in Hackettstown

An important part of buying insurance is that you know the factors that help determine the rates you pay for auto insurance. When you know what positively or negatively influences your rates allows you to make educated decisions that can help you get better auto insurance rates.

The following are a few of the "ingredients" companies use to determine your rates.

  • Multi-policy discounts can save money - Many insurance companies give discounts to insureds who consolidate policies with them, otherwise known as a multi-policy discount. Even with this discount, you still need to compare rates to make sure you are getting the best deal.
  • Having a spouse can save you money - Having a spouse can get you a discount on auto insurance. Marriage is viewed as being more mature and it's proven that married drivers get in fewer accidents.
  • Where you live - Residing in a small town has it's advantages when talking about auto insurance. Urban drivers have congested traffic and longer commutes to work. Less people living in that area means fewer accidents.
  • Do men or women drive better? - Statistics have proven women tend to be less risk to insure than men. However, this does not mean women are better drivers. Men and women are in accidents in similar percentages, but men have costlier accidents. Men also get more serious tickets like DUI and reckless driving. Young males are most likely to cause an accident and therefore have the most expensive auto insurance rates.
  • High deductibles save money - Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. Examples of covered claims would be a windshield shattered by a rock, collision with an animal, and rolling your vehicle. The deductibles are the amount of money you are required to spend in the event of a claim. The higher the amount you're willing to pay, the bigger discount you will receive.
  • Cautious drivers pay less - Good drivers have lower premiums compared to drivers with tickets. Even a single speeding ticket can increase rates by as much as thirty percent. Drivers who get flagrant violations like DWI, reckless driving or hit and run convictions may be required to submit a SR-22 form to the state department of motor vehicles in order to keep their license.

How can Allstate and Progressive save drivers who switch?

Companies like Allstate and Progressive continually stream ads on television and other media. All the ads have a common claim that you can save after switching to them. But how can every company claim to save you money?

Different companies have a preferred profile for the type of driver that is profitable for them. For example, a preferred risk might be between the ages of 30 and 50, insures multiple vehicles, and chooses high deductibles. A customer getting a price quote that hits that "sweet spot" will qualify for the lowest rates and as a result will probably save a lot of money.

Potential insureds who are not a match for this ideal profile will be charged more money and this can result in the customer not buying. The ad wording is "customers that switch" not "everybody who quotes" save money. This is how insurance companies can state the savings.

That is why drivers must compare as many rates as you can. It's impossible to know which insurance companies will give you the biggest savings.

The best insurance company isn't always the cheapest

When buying insurance coverage, do not reduce coverage to reduce premium. Too many times, drivers have reduced physical damage coverage only to regret at claim time that their decision to reduce coverage ended up costing them more. The aim is to purchase a proper amount of coverage at a price you can afford, not the least amount of coverage.

Affordable auto insurance can be purchased both online and with local Hackettstown insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance companies do not offer the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.

We covered a lot of ways to compare auto insurance prices online. The most important thing to understand is the more quotes you get, the better your chances of lowering your rates. Drivers may discover the lowest rates come from the least-expected company.

More information can be found on the New Jersey Department of Banking and Insurance website located here. Visitors are able to read consumer alerts, get help finding coverage, and view agent and company licensing information.

Additional helpful sites include BankRate.com's Car Insurance: When not to Skimp and this Hackettstown agent directory.