10 Ways You Can Buy Car Insurance for Less in Stratford New Jersey

Sick and tired of being strong-armed each month for car insurance? Your situation is no different than many other New Jersey drivers. Drivers have so many to buy insurance from, and even though it's nice to have multiple companies, too many choices makes it more difficult to compare rates.

It's important to compare prices once or twice a year since rates are constantly changing. Just because you found the lowest rates six months ago a different company probably has better rates today. So forget all the misinformation about car insurance because we're going to show you the tricks you need to know to find lower rates on car insurance.

Save big with these ten discounts

Car insurance companies do not list all their discounts very clearly, so we break down both the well known as well as the least known car insurance savings. If you're not getting every credit available, you are throwing money away.

Senior Citizens - If you qualify as a senior citizen, you may be able to get a small decrease in premiums.
Payment Method - If you pay your bill all at once instead of monthly or quarterly installments you could save up to 5%.
Sign Online - A handful of insurance companies may give you up to $50 for buying your policy over the internet.
One Accident Forgiven - Certain companies will forgive one accident before your rates go up as long as you don't have any claims for a particular time prior to the accident.
Discount for Life Insurance - Companies who offer life insurance give a discount if you purchase auto and life insurance together.
Multiple Vehicles - Insuring multiple vehicles on one policy may reduce the rate for each vehicle.
Save with a New Car - Buying coverage on a new vehicle is cheaper due to better safety requirements for new cars.
Use Seat Belts - Using a seat belt and requiring all passengers to wear their seat belts could save 15% off your PIP or medical payments premium.
Employee of Federal Government - Active or retired federal employment may qualify you for a discount with select insurance companies.
College Student - Children who attend school more than 100 miles from home and do not have access to a covered vehicle may qualify for this discount.

As a disclaimer on discounts, most credits do not apply to the entire cost. Some only reduce individual premiums such as liability, collision or medical payments. So when it seems like all those discounts means the company will pay you, car insurance companies aren't that generous.

Car insurance ads bend the truth

Consumers in New Jersey get pounded daily by advertisements for the lowest price auto insurance from the likes of Progressive, GEICO, Allstate and State Farm. They all seem to say the same thing about savings after switching your coverage to them.

How does each company claim to save you money?

All the different companies can use profiling for the type of customer that earns them a profit. For example, a desirable insured might be between the ages of 30 and 50, has no tickets, and has a high credit rating. Any new insured who fits that profile will get very good rates and most likely will save when switching.

Consumers who fall outside these standards will have to pay higher rates which usually ends up with the customer not buying. The ads say "customers that switch" not "people who quote" save that much money. That's why companies can truthfully state the savings. Because of the profiling, drivers should compare as many rates as you can. It's just too difficult to predict the company that will have the lowest rates.

More New Jersey car insurance information

Even more information can be found at the New Jersey Department of Banking and Insurance website. Visitors are able to learn about insurance regulations, view a list of available companies, get help finding coverage, and file complaints about an insurance agent or broker.

And the best car insurance company is...

As you restructure your insurance plan, never skimp on coverage in order to save money. There are many occasions where an insured dropped uninsured motorist or liability limits only to regret that they should have had better coverage. Your aim should be to find the BEST coverage at a price you can afford.

Cheap car insurance can be sourced both online as well as from independent agents in Stratford, and you should compare price quotes from both to get a complete price analysis. Some insurance companies don't offer you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.