Top Ways to Save on River Edge Car Insurance

Having to pay for overpriced car insurance can take a big chunk out of your personal savings and force you to prioritize other expenses. Comparing price quotes is a great way to help make ends meet.

There are many to buy insurance from, and though it is a good thing to have a selection, it makes it harder to compare rates.

It's important to check car insurance prices quite often because rates are constantly changing. If you had the best rates six months ago the chances are good that you can find a lower rate today. There is too much inaccurate information about car insurance online but I'm going to show you some great ways to save money.

Finding the best rates in River Edge is quite easy. If you are paying for car insurance now, you will be able to reduce your rates substantially using this strategy. Nevertheless, New Jersey car owners do need to know the way companies market on the web.

Are you getting all your discounts?

Companies don't always publicize all their discounts very clearly, so the following is a list of some of the more common as well as the least known discounts you could be receiving.

Sign Online - A handful of insurance companies will give a small break simply for signing over the internet.
55 and Retired - Mature drivers can possibly qualify for reduced rates.
Government Employees - Being employed by or retired from a federal job may qualify you for a discount with select insurance companies.
New Car Discount - Putting insurance coverage on a new car can be considerably cheaper due to better safety requirements for new cars.
Sign Early and Save - Some insurance companies reward drivers for switching to them before your current expiration date. It can save you around 10%.
Good Student Discount - A discount for being a good student can be rewarded with saving of up to 25%. The good student discount can last up to age 25.
More Vehicles More Savings - Buying coverage for multiple cars or trucks on the same car insurance policy may reduce the rate for each vehicle.

It's important to understand that some credits don't apply to the overall cost of the policy. Most cut individual premiums such as liability, collision or medical payments. Just because you may think all those discounts means the company will pay you, it doesn't quite work that way.

To see a list of companies with the best car insurance discounts in New Jersey, click here.

Free Quotes for Car Insurance in River Edge, New Jersey

Most companies like State Farm, GEICO and Progressive quote prices for coverage on the web. The process is fairly straightforward as you just type in your coverage information as detailed in the form. Once you submit the form, their rating system will obtain your driving record and credit report and quotes a price based on these and other factors. Being able to quote online makes comparing rates easy, but having to visit many different websites and fill out multiple forms is repetitive and time-consuming. But it's very important to have as many quotes as possible if you are searching for the best price on car insurance.

The preferred way to locate the lowest prices utilizes a single form that gets price quotes from many companies. The form is fast, requires less work, and makes quoting online a lot less work. Once the form is submitted, it is quoted and you are able to buy any one of the price quotes you receive. If a lower price is quoted, it's easy to complete the application and buy the policy. It can be completed in less than 10 minutes and can result in significant savings.

If you want to find out if lower rates are available, click here to open in new window and enter your vehicle and coverage information. If you have your current policy handy, we recommend you complete the form with the coverages exactly as they are listed on your policy. This makes sure you will receive a fair comparison based on the exact same insurance coverage.

What determines how much you pay?

An important part of buying insurance is that you know the factors that come into play when calculating your car insurance rates. Knowing what determines base rates allows you to make educated decisions that may reward you with big savings.

The list below includes some of the items companies use to determine rates.

Having a spouse can save you money - Getting married actually saves money on car insurance. It is viewed as being more mature and responsible and it's proven that married drivers get in fewer accidents.
Men fork out a little more - Statistics have proven that women are safer drivers than men. However, don't assume that women are better drivers. They both are in accidents at a similar rate, but the males cause more damage and cost insurance companies more money. They also get more serious tickets such as reckless driving.
Rates may be higher depending on your occupation - Jobs such as real estate brokers, social workers and financial analysts tend to pay higher average rates because of job stress and lots of time spent at work. Conversely, occupations such as pilots, engineers and the unemployed have the lowest average rates.
Mature drivers pay less - Young drivers in New Jersey tend to be more careless when driving so they pay higher car insurance rates. Parents adding a teenage driver to your policy can be quite pricey. More mature drivers are viewed as being more responsible, file fewer claims and get fewer tickets.
High performance equals high price - The performance of the vehicle you own makes a big difference in how high your rates are. The lowest rates are for lower performance four cylinder passenger cars, but the cost you end up paying is determined by many additional factors.

Tailor your coverage to you

When choosing coverage for your personal vehicles, there isn't really a best way to insure your cars. Everyone's needs are different and your policy should reflect that. For instance, these questions may help you determine whether you might need an agent's assistance.

Does medical payments coverage apply to all occupants?
Should I put collision coverage on all my vehicles?
Why am I required to get a high-risk car insurance policy?
Should I file a claim if it's only slightly more than my deductible?
Does my car insurance cover rental cars?
Why am I required to buy high-risk coverage?
Am I covered if I wreck a rental car?
Does my liability insurance cover pulling a trailer or camper?

If you can't answer these questions but one or more may apply to you, you may need to chat with an agent. If you don't have a local agent, simply complete this short form or you can go here for a list of companies in your area.

How can State Farm, GEICO and Progressive save drivers who switch?

Car insurance companies such as State Farm, GEICO and Progressive regularly use ads on television and other media. They all seem to have a common claim of big savings if you move to them. How does each company make the same claim?

All the different companies have a preferred profile for the type of driver that is profitable for them. A good example of a desirable insured could be between the ages of 30 and 50, insures multiple vehicles, and has a high credit rating. A customer that hits that "sweet spot" gets the lowest rates and as a result will probably save when switching.

Consumers who are not a match for these standards will have to pay higher rates and this can result in business going elsewhere. The ads say "customers that switch" not "everybody who quotes" save money. This is how insurance companies can confidently state the savings. Because of the profiling, drivers must get a wide range of price quotes. Because you never know which insurance companies will have the lowest rates.

The best insurance company isn't always the cheapest

Low-cost car insurance is definitely available from both online companies and with local River Edge insurance agents, and you should compare price quotes from both to get a complete price analysis. Some insurance companies do not offer the ability to get a quote online and most of the time these small insurance companies sell through independent agents.

As you restructure your insurance plan, it's very important that you do not reduce coverage to reduce premium. In many cases, drivers have reduced full coverage and found out when filing a claim that they should have had better coverage. Your aim should be to purchase plenty of coverage at a price you can afford.

More sites with car insurance information

More tips and info about car insurance can be read at the New Jersey Department of Banking and Insurance website. Consumers can get help finding coverage, learn about insurance regulations, read industry bulletins, and read enforcement actions against agents and companies.