5 Tips Guaranteed to Lower Car Insurance Costs in Hoboken

Consumers who are new to the process of buying insurance online could find shopping for low-cost Hoboken car insurance is harder than they anticipated.

If you currently have car insurance, you will be able to reduce your rates substantially using these methods. The purpose of this article is to familiarize you with the most effective way to quote insurance. But New Jersey car owners do need to know the methods companies use to market on the web.

car insurance in Hoboken

Vehicle Insurance Comparison

There are several ways to compare rate quotes from different Hoboken insurance companies. The best method to find the lowest rates is simply to get online rate quotes. This can be done in several different ways.

  • The recommended way consumers can make multiple comparisons is to use a rate comparison form like this one (opens in new window). This type of form keeps you from doing separate quotes for each company. Just one form gets you coverage quotes instantly.It's the quickest way to get rates.
  • A different way to compare rate quotes consists of going to the website for every company you want to comare and complete a new quote form. For sake of this example, let's assume you want to compare , and . You would have to spend time on each company's site to enter your coverage information, which is why the first method is quicker.

    To view a list of companies in Hoboken, click here.

Whichever method you choose, be sure to compare exactly the same coverages on every quote. If you enter different limits and deductibles on each one you can't possibly make a fair comparison in Hoboken. Slightly different insurance coverages may result in large price differences. Keep in mind that comparing more company's prices will improve the odds of getting lower pricing.

Take advantage of discounts

Auto insurance companies do not advertise all available discounts in a way that's easy to find, so the following is a list of some of the more common and also the lesser-known discounts you could be receiving.

  • Defensive Driving Course - Taking a driver safety course can save you 5% or more and easily recoup the cost of the course.
  • Passive Restraints - Vehicles equipped with air bags or motorized seat belts can qualify for discounts of more than 20%.
  • Seat Belt Usage - Buckling up and requiring all passengers to use a seat belt can save 10% or more off the personal injury premium cost.
  • Federal Employees - Being employed by or retired from a federal job can earn a discount up to 10% depending on your company.
  • Anti-theft System - Vehicles with anti-theft systems help deter theft and earn discounts up to 10%.

Drivers should understand that some credits don't apply to the entire policy premium. Most only cut specific coverage prices like liability and collision coverage. So despite the fact that it appears you would end up receiving a 100% discount, companies wouldn't make money that way.

To see a list of insurers with the best car insurance discounts in Hoboken, click here.

How to know if you need help

When choosing coverage for your vehicles, there really is not a "perfect" insurance plan. Your needs are not the same as everyone else's.

These are some specific questions may help highlight whether your personal situation could use an agent's help.

  • Should I have combined single limit or split liability limits?
  • Should I drop comprehensive coverage on older vehicles?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Am I covered if I drive in a foreign country?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Do I have any recourse if my insurance company denies a claim?

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 want to speak to an agent in your area, take a second and complete this form.

More detailed New Jersey car insurance information can be read at the New Jersey Department of Banking and Insurance website. Consumers can discover disciplinary actions, find out industry alerts, and find a variety of consumer forms.