Easy Techniques to Spend Less on Thorofare Auto Insurance

Purchasing affordable Thorofare auto insurance on the web can seem to be impossible for consumers not familiar with online price comaprisons. With so many choices of online companies, how can consumers even start to compare every company to locate the best price?

It's important to check auto insurance prices on a regular basis since insurance rates are constantly changing. Just because you found the best price a few years ago the chances are good that you can find a lower rate today. Forget anything you know (or think you know) about auto insurance because you're about to learn how to use online quotes to find the best coverage while lowering your premiums.

Finding affordable coverage in Thorofare is quite easy. If you currently have a car insurance policy, you should be able to lower your premiums substantially using this information. Nevertheless, New Jersey vehicle owners do need to know how companies sell online and apply this information to your search.

Be sure to get all your discounts

Companies don't always advertise every available discount very well, so we took the time to find some of the best known and the harder-to-find ways to save on auto insurance.

Good Student Discount - A discount for being a good student can earn a discount of 20% or more. This discount can apply well after school through age 25.
E-sign - A few companies give back up to $50 simply for signing online.
Accident Waiver - Some insurance companies will allow you to have one accident before raising your premiums if you are claim-free for a set time period.
Passive Restraints and Air Bags - Vehicles with factory air bags or automatic seat belts can receive discounts of up to 25% or more.
Military Rewards - Having a family member in the military may qualify for rate reductions.
Driver Safety - Successfully completing a course teaching defensive driving skills could cut 5% off your bill and easily recoup the cost of the course.
Own a Home - Being a homeowner may earn you a small savings due to the fact that maintaining a home is proof that your finances are in order.
Driver's Ed - Have your child take driver's ed class if it's offered in school.

Consumers should know that many deductions do not apply to all coverage premiums. Most only reduce the price of certain insurance coverages like medical payments or collision. So even though it sounds like all the discounts add up to a free policy, companies don't profit that way.

To see a list of providers who offer auto insurance discounts in New Jersey, click this link.

Auto Insurance Prices in Thorofare, New Jersey

There are several ways to compare auto insurance quotes, but there is one way that is more efficient than others. You can waste a lot of time talking to insurance companies in Thorofare, or you can stay home and use online quotes for quick rates.

Many insurance companies participate in an industry program that allows shoppers to only type in their quote data once, and at least one company can provide price quotes based on that information. This system prevents you from having to do quote forms to each individual auto insurance company.

To submit your quote information now, click to open in new window.

One minor caviat to using this type of system is you cannot specify which carriers you will receive quotes from. So if you want to choose from a list of companies to compare rates, we have a listing of the cheapest auto insurance companies in New Jersey. Click to view list.

It doesn't matter which method you choose, just ensure you are comparing apples-to-apples quote information on every quote. If the quotes have mixed coverages it will be very difficult to make a fair comparison in Thorofare. Having just a slight variation in coverage limits can make a big difference in price. Just remember that quoting more gives you a better chance of getting the best offered rates.

What determines how much you pay?

An important part of buying insurance is that you know the rating factors that help determine auto insurance rates. When you know what positively or negatively determines base rates allows you to make educated decisions that can help you get much lower annual insurance costs.

The following are a few of the "ingredients" companies use to determine your rates.

Traffic citations inflate rates - Even a single moving violation can increase rates forty percent or more. Good drivers tend to pay less for car insurance compared to drivers with tickets. Drivers who get flagrant violations like DWI, reckless driving or hit and run convictions may be required to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to keep their license.
Being married can save on auto insurance - Having a spouse can get you a discount on your auto insurance policy. Marriage is viewed as being more mature and responsible it has been statistically shown that married drivers get in fewer accidents.
Women pay lower rates - Statistics have proven women tend to be less risk to insure than men. However, this does not mean women are better drivers. Both sexes have accidents in similar percentages, but men have costlier accidents. Men also have more aggressive citations like reckless driving and DUI. Male drivers age 16 to 19 tend to get in the most accidents and therefore have the most expensive auto insurance rates.
Better credit means lower rates - Your credit history is a huge factor in determining what you pay for auto insurance. If your credit is not that good, you could pay less to insure your by improving your rating. Drivers with high credit ratings tend to file fewer claims and have better driving records than drivers with lower credit scores.
Drive a safer car and pay less - Vehicles with high crash test scores tend to have better insurance rates. Safer cars result in less severe injuries and better occupant protection translates into savings for insurance companies passed on to you as lower rates.
Do you need those extra coverages? - There are a ton of add-on coverages you can purchase if you aren't careful. Things like vanishing deductibles, better glass coverage and motor club memberships may be wasting your money. They may seem good when talking to your agent, but if you don't need them remove them from your policy.

Is there truth in advertising?

Companies like State Farm and Allstate continually stream television and radio advertisements. All the ads make the same claim of big savings after switching to them. But how can every company say the same thing? This is how they do it.

Insurance companies have a preferred profile for the type of driver that is profitable for them. For example, a preferred risk might be profiled as between 25 and 40, insures multiple vehicles, and drives less than 7,500 miles a year. A propective insured who matches those parameters will get the preferred rates and is almost guaranteed to save a lot of money.

Consumers who don't measure up to this ideal profile will be charged higher rates which leads to business not being written. The ads state "drivers who switch" but not "drivers who get quotes" save money. This is how insurance companies can confidently advertise the way they do. That is why drivers must get a wide range of price quotes. It's not possible to predict which insurance companies will provide you with the cheapest rates.

Do the work, save more money

In this article, we covered many ideas to compare auto insurance prices online. The most important thing to understand is the more you quote, the better your comparison will be. Consumers may even find the most savings is with a smaller regional carrier.

Cost effective auto insurance can be sourced on the web and with local Thorofare insurance agents, so you should compare both to get a complete price analysis. Some auto insurance companies do not offer the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.

Insureds change insurance companies for any number of reasons including poor customer service, an unsatisfactory settlement offer, denial of a claim or unfair underwriting practices. Regardless of your reason, switching auto insurance companies is actually quite simple.

For more New Jersey auto insurance information

More tips and info about auto insurance can be found at the New Jersey Department of Banking and Insurance website. New Jersey drivers can file complaints about a company, get help finding coverage, and learn about insurance regulations.

Additional helpful sites include NAIC.org's Understanding your Policy and this directory of insurance agents in Thorofare New Jersey.