Proven Ways to Save on Lavallette Auto Insurance

Are you sick and tired of paying out the nose each month for car insurance? You're in the same situation as many other New Jersey drivers. Having so many companies to choose from, it is very difficult to find the cheapest provider.

It's important to compare prices once or twice a year because prices are constantly changing. Despite the fact that you may have had the best deal six months ago there is a good chance you can find better rates now. Starting now, forget all the misinformation about auto insurance because you're going to get a crash course in the proper way to find lower rates on auto insurance.

The purpose of this post is to instruct you on how car insurance quotes work and some tricks to saving. If you are paying for car insurance now, you stand a good chance to be able to save some money using these methods. New Jersey vehicle owners just need to know how to get comparison quotes over the internet.

How to Lower your Auto Insurance Rates

Consumers need to have an understanding of some of the elements that help determine the rates you pay for auto insurance. When you know what positively or negatively controls the rates you pay empowers consumers to make smart changes that can help you get big savings.

The following are some of the factors used by your company to calculate your rates.

Do you know you're credit rating? - Your credit history is a important factor in your rate calculation. So if your credit score is not that good, you could save money insuring your by improving your rating. People with high credit scores tend to be more responsible as compared to drivers with lower credit scores.
Theft deterrents lower rates - Driving a car with an alarm system can help lower your rates. Theft prevention features such as LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system all hinder your car from being stolen.
Teen drivers pay high rates - Youthful drivers in New Jersey are known to be less responsible in a vehicle so auto insurance rates are higher. Mature drivers tend to be more responsible, file fewer claims and receive fewer citations.
Cautious drivers pay less - Your driving record has a big impact on rates. Drivers who don't get tickets have lower premiums compared to drivers with tickets. Just one ticket can bump up the cost by twenty percent. Drivers who get flagrant violations such as DUI or reckless driving may be required to file a SR-22 to the state department of motor vehicles in order to keep their license.
Your spouse saves you money - Being married can get you a discount when buying auto insurance. Marriage translates into being more mature than a single person and it's proven that drivers who are married are more cautious.
Low deductibles can be expensive - Physical damage coverage, termed comprehensive and collision coverage on your policy, protects your car from damage. A few examples of covered claims would be a windshield shattered by a rock, vandalism, and windstorm damage. Your deductibles are the amount of money you are required to spend in the event of a claim. The more money you have to pay, the less your company will charge you for insurance.
Men pay higher rates - The statistics show women tend to be less risk to insure than men. However, this does not mean women are BETTER drivers than men. They both tend to get into accidents at about the same rate, but men have costlier accidents. Men also get cited for more serious violations like DUI and reckless driving. Teenage male drivers are most likely to cause an accident and are penalized with high auto insurance rates.

Compare the Market for Auto Insurance in Lavallette

Reducing your insurance rates isn't really that difficult. Just take a few minutes comparing rate quotes from different insurance companies. This can be accomplished in a couple of different ways.

The fastest way to compare a lot of rates at once is to use a rate comparison form click to view form in new window. This method prevents you from having to do boring form submissions to each individual auto insurance company. Taking the time to complete one form will get you rate comparisons from all major companies.
A slightly less efficient method to compare rate quotes requires you to visit each company website to request a price quote. For examples sake, we'll assume you want rates from , and . To find out each rate you need to take the time to go to each site and enter your policy data, which is why the first method is more popular. To view a list of companies in Lavallette, click here.
The least efficient way to get comparison rates to insurance agents' offices. Shopping for auto insurance online eliminates the need for an insurance agent unless you require the personal advice only provided by licensed Lavallette agents. You can, however, find lower rates online and still use a local agent. We'll cover that shortly.

It doesn't matter which method you choose, just double check that you are using apples-to-apples coverage information for each price quote. If the quotes have unequal deductibles or liability limits it's not possible to truly determine the lowest rate in Lavallette.

Take advantage of discounts

Car insurance can cost a lot, but discounts can save money and there are some available to cut the cost considerably. Most are applied when you get a quote, but some must be requested specifically before you will receive the discount. If you don't get every credit available, you are paying more than you should be.

Passive Restraint Discount - Vehicles with factory air bags can receive discounts of more than 20%.
Payment Method - If you pay your bill all at once instead of making monthly payments you could save up to 5%.
Save with a New Car - Adding a new car to your policy can cost up to 25% less due to better safety requirements for new cars.
Good Students Pay Less - This discount can be rewarded with saving of up to 25%. The discount lasts well after school through age 25.
E-sign - A handful of insurance companies may give you up to $50 for buying a policy and signing up online.
Multiple Vehicles - Insuring multiple vehicles with the same company may reduce the rate for each vehicle.
Resident Student - Children who live away from home and do not have access to a covered vehicle may qualify for this discount.
Senior Citizens - If you're over the age of 55, you may be able to get a small decrease in premiums.
Homeowners Pay Less - Being a homeowner may trigger a auto insurance policy discount due to the fact that maintaining a home requires personal responsibility.
Lower Rates for Military - Having a deployed family member may qualify for rate reductions.

Drivers should understand that most credits do not apply to the entire cost. Most only reduce individual premiums such as medical payments or collision. Just because it seems like all those discounts means the company will pay you, companies wouldn't make money that way. But all discounts will help reduce your overall premium however.

To choose providers who offer auto insurance discounts in New Jersey, follow this link.

Are auto insurance companies telling the truth?

Consumers in New Jersey can't ignore all the ads for the lowest price auto insurance from the likes of State Farm and Allstate. All the ads say the same thing that you'll save big after switching your coverage to them.

But how can every company claim to save you money?

All the different companies can use profiling for the type of customer that makes them money. An example of a preferred risk might be over the age of 40, has no tickets, and has a high credit rating. A customer getting a price quote who fits that profile will get the preferred rates and most likely will save a lot of money.

Drivers who don't qualify for this ideal profile will be charged higher premiums which usually ends up with the customer not buying. The ads state "customers that switch" not "people who quote" save that much money. That's why companies can state the savings.

That is why you need to get a wide range of price quotes. It's impossible to know the company that will have the lowest rates.

Much more information about auto insurance in New Jersey is available on the website for the New Jersey Department of Banking and Insurance located here. Visitors are able to find out industry alerts, view a list of available companies, read enforcement actions against agents and companies, and file complaints about a company.

Other informative sites include NAIC.org's Understanding your Policy and this directory of Lavallette insurance agents.

A tidy conclusion

We covered a lot of tips how to compare auto insurance prices online. The most important thing to understand is the more you quote, the more likely it is that you will get a better rate. Consumers may even find the lowest premiums are with the least-expected company. These smaller insurers may only write in your state and offer lower rates than their larger competitors like .

As you restructure your insurance plan, don't be tempted to reduce coverage to reduce premium. There have been many cases where an insured dropped liability limits or collision coverage only to find out that they should have had better coverage. Your goal should be to get the best coverage possible at a price you can afford, not the least amount of coverage.