8 Tips to Save on Car Insurance in Swedesboro

Are you sick and tired of paying out the nose each month for car insurance? You're in the same situation as many other New Jersey drivers. Since consumers have many companies and agents to choose from, it can be impossible to locate the cheapest company.

It's important to compare prices before your policy renews since rates are constantly changing. Despite the fact that you may have had the lowest rates a few years ago you will most likely find a better rate today. So just 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.

Choosing the best insurance company for you in Swedesboro is quite easy. If you have car insurance now, you will most likely be able to lower your premiums substantially using these techniques. New Jersey drivers only need an understanding of the most efficient way to shop their coverage around over the internet.

More discounts equal less premium

Companies offering auto insurance don't list every available discount very well, so we break down some of the more common and the harder-to-find savings tricks you should be using. If you don't get every credit available, you are throwing money away.

  • Passive Restraints and Air Bags - Vehicles with factory air bags can receive discounts of up to 25% or more.
  • Employee of Federal Government - Active or retired federal employment can save as much as 8% with certain companies.
  • Resident Student - Kids in college who attend school more than 100 miles from home and do not have access to a covered vehicle may be able to be covered for less.
  • Anti-lock Brake System - Cars that have steering control and anti-lock brakes can reduce accidents and qualify for as much as a 10% discount.
  • Anti-theft Discount - Cars that have factory anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
  • One Accident Forgiven - Some insurance companies will allow you to have one accident before your rates go up if you are claim-free prior to the accident.
  • Low Mileage - Fewer annual miles can earn discounted rates on garaged vehicles.
  • No Accidents - Claim-free drivers can save substantially compared to drivers who are more careless.

It's important to understand that most discount credits are not given to the entire cost. The majority will only reduce the price of certain insurance coverages like medical payments or collision. Just because it seems like it's possible to get free car insurance, it doesn't quite work that way.

New Jersey car insurance

Switch companies and save? Really?

Consumers get pounded daily by advertisements for the lowest price auto insurance by State Farm and Allstate. All the ads make an identical promise of big savings after switching to their company.

But how can every company make the same claim? This is how they do it.

All companies can use profiling for the driver that earns them a profit. For example, a preferred risk could be between the ages of 30 and 50, is a homeowner, and drives less than 7,500 miles a year. Any new insured who meets those qualifications gets the lowest rates and therefore will save a lot of money.

Potential customers who do not match this ideal profile will be charged higher prices and ends up with business going elsewhere. Company advertisements say "drivers who switch" not "everyone that quotes" save that much. That's why insurance companies can confidently advertise the way they do. That is why you should get as many quotes as possible. It's just too difficult to predict the company that will provide you with the cheapest rates.

More tips and info about car insurance can be found at the New Jersey Department of Banking and Insurance website. Consumers can find out industry alerts, read industry bulletins, read enforcement actions against agents and companies, and read consumer alerts.

Also read more on NAIC.org's Understanding your Policy and this directory of Swedesboro insurance agents.

Best coverage at the best price

You just learned some good ideas how you can reduce car insurance prices online. The most important thing to understand is the more you quote, the more likely it is that you will get a better rate. You may be surprised to find that the lowest rates come from a lesser-known regional company. Regional companies can often provide lower rates in certain areas as compared to the big name companies such as .

When shopping online for car insurance, do not buy lower coverage limits just to save a few bucks. There have been many cases where an accident victim reduced uninsured motorist or liability limits only to regret that a couple dollars of savings turned into a financial nightmare. Your goal should be to buy the best coverage you can find for the lowest price, not the least amount of coverage.