5 Methods to Save on Car Insurance in Pt Pleasant Boro, NJ

Purchasing the cheapest Pt Pleasant Boro car insurance on the web may be rather challenging for consumers not familiar with comparison shopping online. When there are so many companies in the marketplace, how can consumers possibly compare every company to locate the lowest rates?

If you currently have car insurance, you should be able to save some money using these methods. The purpose of this article is to help you learn how car insurance quotes work and some money-saving tips. But New Jersey car owners do need to know the methods companies use to compete online and take advantage of how the system works.

compare Pt Pleasant Boro car insurance rates

Save big with these 5 discounts

Companies don't list every discount in a way that's easy to find, so here is a list some of the more common as well as the least known ways to save on car insurance.

  • Payment Method - If paying your policy premium upfront instead of making monthly payments you may reduce your total bill.
  • Distant Student - Any of your kids who live away from home and do not have access to a covered vehicle may qualify for this discount.
  • 55 and Retired - If you're over the age of 55, you may be able to get better car insurance rates.
  • Government Employees - Employees or retirees of the government can earn a discount up to 10% with a few car insurance companies.
  • Braking Control Discount - Vehicles equipped with ABS or steering control can reduce accidents and earn discounts up to 10%.

Consumers should know that most discount credits are not given to the overall cost of the policy. Most cut individual premiums such as liability and collision coverage. So when the math indicates you could get a free car insurance policy, companies don't profit that way.

To choose insurance companies who offer car insurance discounts in Pt Pleasant Boro, click this link.

Car insurance ads bend the truth

Car insurance providers like State Farm, Allstate and GEICO continually stream ads on TV and radio. They all make the same claim that you'll save big after switching to their company. How can each company make the same claim?

Different companies have a preferred profile for the driver that makes them money. An example of a driver they prefer could be over the age of 40, insures multiple vehicles, and has great credit. Any new insured who matches those parameters gets the lowest rates and most likely will save when they switch companies.

Potential customers who fall outside the requirements will be quoted higher prices which leads to business going elsewhere. The ads say "customers that switch" not "people who quote" save that much. This is how companies can advertise the savings. This emphasizes why you should compare many company's rates. It's just too difficult to predict which insurance companies will fit your personal profile best.

But I don't know anything about car insurance

When buying proper insurance coverage for your personal vehicles, there really is not a "perfect" insurance plan. Coverage needs to be tailored to your specific needs.

These are some specific questions may help you determine if your situation could use an agent's help.

  • What can I do if my company won't pay a claim?
  • Why does it cost so much to insure a teen driver in Pt Pleasant Boro?
  • Should I put collision coverage on all my vehicles?
  • Am I covered if I drive in a foreign country?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • What happens if I owe more than my vehicle is worth?
  • When do I need to add a new car to my policy?
  • Can I rate high risk drivers on liability-only vehicles?

If it's difficult to answer those questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. If you don't have a local agent, take a second and complete this form.

More detailed New Jersey car insurance information is available at the New Jersey Department of Banking and Insurance website. Consumers can view a list of available companies, read enforcement actions against agents and companies, and learn about insurance regulations.

Pt Pleasant Boro car insurance comparison

The best insurance company isn't always the cheapest

Insureds change insurance companies for a number of reasons such as unfair underwriting practices, not issuing a premium refund, denial of a claim or even extreme rates for teen drivers. Whatever your reason, choosing a new insurance company is easier than you think.

When you buy insurance online, it's a bad idea to buy poor coverage just to save money. There have been many situations where drivers have reduced comprehensive coverage or liability limits to discover at claim time that the few dollars in savings costed them thousands. The proper strategy is to purchase plenty of coverage at a price you can afford while still protecting your assets.

Discount car insurance can be bought from both online companies and also from your neighborhood Pt Pleasant Boro agents, and you need to comparison shop both so you have a total pricing picture. There are still a few companies who may not provide online price quotes and these smaller companies work with independent agents.