How to Find Cheaper New Brunswick Car Insurance

Finding lower rates for New Brunswick car insurance is a challenge for consumers new to shopping for insurance online. Drivers have so many options that it can easily become a challenge to locate the lowest price in New Brunswick.

It's important to price shop coverage before your policy renews because rates are constantly changing. If you had the best deal last year a different company probably has better rates today. So forget all the misinformation about car insurance because you're going to learn the proper way to lower your annual insurance bill.

If you are insured now or are shopping for new coverage, you can learn to shop for the lowest rates and still get good coverage. Buying affordable car insurance coverage in New Brunswick is simple if you know the tricks. New Jersey drivers only need an understanding of the most effective way to compare company rates online.

Be sure to get all your discounts

Companies offering auto insurance don't always advertise every available discount in an easy-to-find place, so here is a list some of the more common and the more hidden discounts you could be receiving. If they aren't giving you every credit available, you are throwing money away.

Multi-policy Discount - If you have multiple policies with one company you will save 10% to 20% off each policy.
No Claims - Claim-free drivers can earn big discounts compared to drivers who are more careless.
Student Driver Training - Make teen driver coverage more affordable by requiring them to take driver's ed class in high school.
Defensive Driving Course - Taking a driver safety course could save 5% or more if you qualify.
Air Bag Discount - Vehicles with factory air bags can get savings of up to 25% or more.
Military Discounts - Being deployed with a military unit can result in better rates.
Anti-lock Brakes - Cars that have steering control and anti-lock brakes prevent accidents and will save you 10% or more.

It's important to understand that some credits don't apply to the entire cost. Most cut the cost of specific coverages such as comprehensive or collision. So even though it sounds like you would end up receiving a 100% discount, it doesn't quite work that way.

Learn How to Buy Car Insurance Cheaper

Smart consumers have a good feel for the factors that come into play when calculating your car insurance rates. Understanding what determines base rates helps enable you to make changes that can help you get better car insurance rates.

Multiple policies with one company can save - The majority of insurance companies give discounts to policyholders who have multiple policies with them. It's known as a multi-policy discount. Discounts can be 10 percent or more. If you currently are using one company, you may still want to compare other company rates to confirm you are receiving the best rates possible. Consumers may find better rates by buying car insurance from a different company.
Rates may be lower depending on your job - Occupations like doctors, social workers and accountants are shown to have higher rates than average attributed to job stress and long work hours. On the flip side, occupations like farmers, athletes and the unemployed pay the least.
Car features impact rates - Driving a car that has an advanced theft prevention system can save you a little every year. Anti-theft devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder auto theft.
Do you need those extra coverages? - There are a lot of extra bells and whistles you can purchase on your policy. Coverages like vanishing deductibles, better glass coverage and membership fees are some examples. They may seem good at first, but your needs may have changed so get rid of them and save.
Better credit scores mean better rates - Your credit rating is a large factor in your rate calculation. Consumers who have good credit tend to be less risk to insure than those with poor credit. If your credit rating can use some improvement, you could potentially save money when insuring your by repairing your credit.
Protect yourself with liability coverage - The liability section of your policy will protect you in the event that you are found to be at fault for damages caused by your negligence. It provides legal defense coverage up to the limits shown on your policy. Liability is cheap compared to insuring for physical damage coverage, so do not skimp.
How's your driving record? - Your driving record impacts your car insurance rates tremendously. Drivers with clean records receive lower rates than people who have multiple driving citations. Even a single citation may increase your cost by twenty percent. Drivers who get severe violations such as hit and run, DWI or reckless driving convictions may be required to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to drive a vehicle legally.
Having a spouse can save you money - Being married actually saves money on car insurance. Marriage usually means you are more mature and responsible and it's statistically proven that drivers who are married are more cautious.

Is there truth in advertising?

Consumers get pounded daily by advertisements for the lowest price auto insurance from companies such as Allstate and Progressive. All the ads have a common claim of big savings if you move your policy.

How do they all make the same claim?

Different companies can use profiling for the right customer that earns them a profit. An example of a preferred risk could be a mature driver, is a homeowner, and drives newer vehicles. A customer that hits that "sweet spot" gets the lowest rates and is almost guaranteed to cut their rates substantially.

Consumers who don't measure up to the "perfect" profile will be charged higher rates and this can result in business going elsewhere. The ads say "people who switch" but not "drivers who get quotes" save that kind of money. That's why insurance companies can confidently claim big savings. That is why drivers should get as many quotes as possible. Because you never know the company that will give you the biggest savings.

More tips and info about car insurance is available at the New Jersey Department of Banking and Insurance website. Consumers can read consumer alerts, read industry bulletins, and view a list of available companies.

Best coverage at the best price

When trying to cut insurance costs, you should never skimp on coverage in order to save money. Too many times, an accident victim reduced liability limits or collision coverage only to find out that it was a big mistake. The aim is to purchase plenty of coverage at an affordable rate, not the least amount of coverage.

Drivers who switch companies do it for many reasons like policy non-renewal, high rates after DUI convictions, extreme rates for teen drivers and even questionable increases in premium. Regardless of your reason, finding the right car insurance provider is less work than it seems.

Low-cost car insurance is possible from both online companies in addition to many New Brunswick insurance agents, and you need to price shop both to get a complete price analysis. A few companies do not provide you the ability to get quotes online and many times these smaller companies only sell through independent insurance agents.