Easy Tips to Save Money on Paramus Auto Insurance

Are you intimidated by the number of auto insurance companies in Paramus? You're not the only one! People have so many options that it can turn into more work than you anticipated to find lower rates.

If you have insurance now or are looking for a new policy, you can use these techniques to shop for the lowest rates while maintaining coverages. The purpose of this article is to help educate you on how car insurance quotes work and some tricks to saving. New Jersey drivers only need an understanding of the most efficient way to shop their coverage around online.

Compare Quotes for Paramus Auto Insurance

Most major insurance companies such as State Farm, Allstate and GEICO quote insurance quotes directly from their websites. This process doesn't take much effort as you simply type in the coverages you want into the quote form. Behind the scenes, the system will obtain reports for credit and driving violations and returns a price based on many factors.

Online price quotes makes it a lot easier to compare rates but having to visit each company's website and repetitively fill out multiple forms is repetitive and time-consuming. Unfortunately, it is important to compare as many rates as possible if you are searching for a lower rate.

A less time-consuming method to lower your rates uses one form that gets prices from a bunch of companies at once. It's a real time-saver, helps eliminate reptitive entry, and makes quoting online a little more enjoyable. After your information is entered, it is quoted and you can choose any of the returned quotes.

If the quotes result in lower rates, it's easy to complete the application and buy the new coverage. It only takes a few minutes and can result in significant savings.

To find out how much you're overpaying now, click here and fill out the form. If you have a policy now, it's recommended that you enter the coverages exactly as they are listed on your policy. This way, you will receive comparison quotes based on similar coverages.

Understand what determines the rate you pay

It's important that you understand the factors that go into determining the rates you pay for auto insurance. Understanding what determines base rates helps enable you to make changes that will entitle you to better auto insurance rates.

Listed below are some of the factors that factor into prices.

Theft deterrents lower rates - Choosing a vehicle that has an advanced theft prevention system can save you a little every year. Anti-theft features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart auto theft.
Do you know your deductibles? - The deductibles define the amount you are willing to pay before a claim is paid by your company. Physical damage coverage, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. Some examples of claims that would be covered would be running into the backend of another car, collision with an animal, or theft. The more money the insured has to pay upfront, the less your auto insurance will be.
Cautious drivers pay less - A bad driving record impacts your car insurance rates tremendously. Drivers with clean records receive lower rates than bad drivers. Even a single citation may increase your cost forty percent or more. If you have serious violations such as hit and run, DWI or reckless driving convictions may find they need to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to continue driving.
Do you need those extra coverages? - There are many extra coverages that can waste your money when buying auto insurance. Coverages like personal injury protection, accident forgiveness 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.
Small claims can cost you - If you tend to file frequent claims, you can pretty much guarantee either higher rates or even cancellation. Companies in New Jersey generally give better rates to policyholders who do not rely on their insurance for small claims. Car insurance is intended for the large, substantial claims.
Type of vehicle determines base rates - The performance level of the car you are buying insurance for makes a huge difference in your rates. Economy passenger models receive the most favorable rates, but the cost you end up paying is determined by many additional factors.

More discounts equal less premium

Insuring your fleet can be pricey, but companies offer discounts that you may not even be aware of. Certain discounts will be applied when you get a quote, but some must be specifically requested before you will receive the discount. If they aren't giving you every credit possible, you're just leaving money on the table.

Payment Discounts - By paying your policy upfront rather than paying monthly you could save 5% or more.
Homeowners Discount - Simply owning a home can save you money because owning a home requires personal responsibility.
Air Bag Discount - Cars that have air bags and/or automatic seat belt systems can get savings of up to 25% or more.
Low Mileage Discounts - Driving fewer miles can qualify you for a substantially lower rate.
Federal Government Employee - Simply working for the federal government can earn a discount up to 10% with a few auto insurance companies.
Early Signing - A few companies offer discounts for buying a policy before your current policy expires. This can save 10% or more.
Defensive Driver - Taking a defensive driving course could possibly earn you a 5% discount depending on where you live.

It's important to understand that some credits don't apply to all coverage premiums. Some only reduce the cost of specific coverages such as liability and collision coverage. So even though it sounds like you could get a free auto insurance policy, it doesn't quite work that way. Any qualifying discounts will cut your premiums.

For a list of insurance companies offering auto insurance discounts in Paramus, click here.

Additional auto insurance information is available on the New Jersey Department of Banking and Insurance website through this link. Visitors are able to view a list of available companies, report car insurance fraud, and file complaints about a company.

Best coverage at the best price

Drivers switch companies for many reasons like extreme rates for teen drivers, lack of trust in their agent, poor customer service and delays in responding to claim requests. It doesn't matter why you want to switch finding the right auto insurance provider is not as hard as you think.

Low-cost auto insurance is available both online in addition to many Paramus insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some companies do not provide online quoting and these smaller companies work with independent agents.

We covered a lot of ways to lower your auto insurance rates. The key thing to remember is the more providers you compare, the better your comparison will be. Drivers may discover the lowest rates come from a company that doesn't do a lot of advertising.