Tightwads Guide to Saving on Pemberton Car Insurance

Did you fall for a flashy sales pitch and buy an overpriced car insurance policy? Trust us when we tell you you're not the only one.

Because you have many choices of insurance companies, it's nearly impossible to locate the lowest price car insurance company.

These discounts can lower your rates

Companies offering auto insurance don't always advertise every discount very well, so we researched some of the more common and also the lesser-known car insurance savings.

Driver's Ed - Make teen driver coverage more affordable by requiring them to successfully complete driver's ed class if offered at their school.
Low Mileage Discounts - Low mileage vehicles could be rewarded with lower rates on the low mileage vehicles.
Safety Course Discount - Successfully completing a driver safety course could possibly earn you a 5% discount if you qualify.
Discount for Swiching Early - Some companies give discounts for switching to them prior to your current policy expiring. The savings is around 10%.
Discount for Good Grades - Performing well in school can earn a discount of 20% or more. Earning this discount can benefit you up until you turn 25.

It's important to note that most of the big mark downs will not be given the the whole policy. Some only apply to specific coverage prices like liability and collision coverage. So even though they make it sound like all the discounts add up to a free policy, you're out of luck.

How to Lower your Car Insurance Rates

Smart consumers have a good feel for some of the elements that play a part in calculating your car insurance rates. When you know what positively or negatively influences your rates empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.

Shown below are a partial list of the pieces used by your company to calculate prices.

Special features that cut premiums - Choosing a vehicle with a theft deterrent system can help lower your rates. Theft prevention devices such as LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system can thwart your car from being stolen.
Choose a safe vehicle and save - Vehicles with high crash test scores are cheaper to insure. The safest vehicles protect occupants better and fewer injuries means lower claim amounts passed on to you as lower rates.
Extra coverages can waste money - There are quite a few extra coverages that can waste your money on your policy. Things like rental car reimbursement, accident forgiveness and additional equipment coverage are examples of these. These coverages may sound good initially, but now you might not need them so remove them from your policy.
What type of vehicle do you drive? - The performance level of the car you are buying insurance for makes a big difference in how high your rates are. The lowest base rates are usually for low performance passenger vehicles, but the final cost of insurance is determined by many other factors.
How's your driving record? - A bad driving record has a big impact on rates. Drivers who don't get tickets get better rates than their less careful counterparts. Just one speeding ticket can bump up the cost forty percent or more. If you have dangerous violations like DUI or reckless driving may find they need to submit a SR-22 form with their state motor vehicle department in order to prevent a license revocation.
Liability insurance protects assets - Your policy's liability coverage provides coverage when you are found to be at fault for personal injury or accident damage. Liability provides legal defense which can be incredibly expensive. Liability insurance is quite affordable as compared to coverage for physical damage, so buy as much as you can afford.
Keep rates low by being claim-free - If you frequently file small claims, you can pretty much guarantee either policy cancellation or increased premiums. Companies in New Jersey provide discounts to drivers who do not file claims often. Your insurance policy is meant to be used in the event of the large, substantial claims.

Are you falling for claims of savings?

Car insurance providers like State Farm, Allstate and GEICO consistently run ads on television and other media. They all say the same thing that you can save if you change your coverage to them. But how can every company make the same claim? It's all in the numbers.

Insurance companies are able to cherry pick for the type of customer that earns them a profit. For instance, a driver they prefer could be between the ages of 30 and 50, has no tickets, and has a short commute. A customer who fits that profile will qualify for the lowest rates and as a result will probably save a lot of money.

Potential customers who are not a match for this ideal profile will be quoted a higher premium which usually ends up with business going elsewhere. The ad wording is "customers who switch" not "everybody who quotes" save that much money. That's the way insurance companies can make the claims of big savings. This emphasizes why drivers should get a wide range of price quotes. Because you never know which car insurance company will fit your personal profile best.

Find out more about car insurance

Additional detailed information is located at the New Jersey Department of Banking and Insurance website. Consumers can view a list of available companies, find disaster information, discover disciplinary actions, and learn about specific coverages.

Also read more on this site for car insurance rates in New Jersey and this list of insurance agents in Pemberton, NJ.

Do the work, save more money

Lower-priced car insurance is attainable from both online companies as well as from independent agents in Pemberton, and you should compare price quotes from both to have the best rate selection. Some insurance providers don't offer you the ability to get quotes online and these small, regional companies work with independent agents.

We just showed you many ways to reduce car insurance prices online. It's most important to understand that the more providers you compare, the better your chances of lowering your rates. You may even discover the lowest rates come from some of the smallest insurance companies. Regional companies often have lower prices on specific markets than the large multi-state companies such as .