Comparison Shop Tenafly Car Insurance Prices With These Tricks

Buying affordable Tenafly car insurance on the internet is rather challenging for consumers not familiar with shopping for insurance online. Because there are so many insurance companies available, how can you effectively compare every company to locate the best pricing?

It's important to check car insurance prices quite often since rates are constantly changing. Just because you had the best deal last year you will most likely find a better rate today. So just ignore everything you know about car insurance because we're going to show you the proper way to save money, get proper coverage and the best rates.

Don't pay full price with these discounts

The price of auto insurance can be rather high, but there are discounts available that you may not even be aware of. Larger premium reductions will be automatically applied when you complete an application, but some must be asked for before they will apply.

Discount for Life Insurance - Companies who offer life insurance give lower rates if you buy a life insurance policy as well.
Save with a New Car - Buying coverage on a new vehicle is cheaper since new cars are generally safer.
Passive Restraints - Factory air bags or automatic seat belts can get savings of 20% or more.
Defensive Driver - Completing a defensive driving course could cut 5% off your bill if you qualify.
Bundle and Save - If you have multiple policies with the same insurance company you could get a discount of up to 20% off your total premium.
Senior Citizens - If you qualify as a senior citizen, you may qualify for reduced rates.

As a disclaimer on discounts, most of the big mark downs will not be given to the overall cost of the policy. Most only apply to specific coverage prices like collision or personal injury protection. So when it seems like all the discounts add up to a free policy, car insurance companies aren't that generous. Any amount of discount will cut your premiums.

Your personal situation dictates your coverage

When it comes to buying proper insurance coverage for your personal vehicles, there is no "best" method to buy coverage. Every situation is different.

Here are some questions about coverages that may help you determine whether or not you would benefit from professional advice.

When does my teenage driver need to be added to my policy?
Should I file a claim if it's only slightly more than my deductible?
Can I rate high risk drivers on liability-only vehicles?
Should I rate my vehicle as pleasure use or commute?
What are the best liability limits?
Should I buy additional glass protection?
Should I buy only the required New Jersey minimum liability coverage?
What are the financial responsibility laws in New Jersey?

If you don't know the answers to these questions but a few of them apply, you might consider talking to an agent. To find an agent in your area, fill out this quick form.

The car insurance bait and switch

Car insurance companies such as GEICO, State Farm and Progressive constantly bombard you with ads in print and on television. They all seem to say the same thing about savings if you switch to them. How do they all claim to save you money? It's all in the numbers.

All companies have a preferred profile for the type of driver that earns them a profit. An example of a desirable insured might be a mature driver, insures multiple vehicles, and has great credit. Any new insured who fits that profile is entitled to the best price and therefore will cut their rates substantially.

Consumers who don't measure up to the "perfect" profile will have to pay higher rates which usually ends up with the customer not buying. Company advertisements say "customers who switch" not "everyone that quotes" save money. This is how companies can truthfully advertise the savings.

Because of the profiling, you should quote coverage with many companies. It's just too difficult to predict which insurance companies will give you the biggest savings.

More sites with car insurance information

Additional information is available on the New Jersey Department of Banking and Insurance website found here. Visitors are able to view agent and company licensing information, read enforcement actions against agents and companies, and file complaints about a company.

Do the work, save more money

As you prepare to switch companies, you should never buy lower coverage limits just to save a few bucks. In many instances, drivers have reduced liability limits or collision coverage only to find out that the small savings ended up costing them much more. The ultimate goal is to buy enough coverage at the best price.

We just covered many ways to reduce car insurance prices online. The key thing to remember is the more rate quotes you have, the higher your chance of finding lower rates. Drivers may discover the best price on car insurance is with some of the smallest insurance companies.

Cheap car insurance is available both online and with local Tenafly insurance agents, and you need to price shop both to get a complete price analysis. There are still a few companies who do not offer you the ability to get quotes online and most of the time these smaller companies sell through independent agents.