How to Save Money andGet Discount Automobile Insurance in New Jersey - Everyone wants to save money on their automobile insurance
and fortunately there are several simple things almost anyone can do that will
allow them to save money and get discount automobile insurance in New Jersey.
Let's start with you - or, more precisely, with the way you
drive, because your driving habits can have the biggest effect on how much you
end up paying for your automobile insurance.
Do you drive safely and legally at all times? Your driving
record is probably the biggest factor in how much you'll pay for your
automobile insurance. Even one speeding ticket or other moving violation and
you will no longer be able to find automobile insurance at the best possible
price.
How to Save Money and Get Discount Automobile Insurance in New Jersey
If you manage to get convicted for a DUI (Driving Under the
Influence) or for a DWI (Driving While Intoxicated) then you can kiss saving
money on your automobile insurance good-bye for a minimum of 3 years - and
maybe longer. If you are convicted for either offense a second time you'll be
lucky to get automobile insurance at any price.
That's what not to do - here's what you can do to put
together a car insurance package that will save you the most money month after
month.
If you're under 25 you're going to pay among the highest
rates for automobile insurance. Besides keeping your driving record clean there
are two things you can do to keep your rates down. Purchase your insurance
through your parents' policy. This will cut your price somewhat.
The other thing you can do is to stay in school for as long
as possible and get good grades. If you maintain a "B" average you
should qualify for about a 5% Good Student Discount on your insurance every
month.
If you can park your car in a garage at night you should get
a discount. Let your agent know about your nighttime parking arrangement.
If you're over 55 you may notice that your rates are getting
higher. Many companies (though not all of them) now offer older drivers the
chance to take a Driver's Refresher Course. Pass it and you could save as much
as 10% each month on your premiums.
How much do you drive each month? If you can keep your
driving down at around 500 miles a month or less you probably qualify for a
special Low Mileage Discount on your insurance. Using public transportation
whenever possible can help keep your driving miles down.
If you have other insurance policies with the same company
you can probably qualify for a Multi-Policy Discount.
If you've had your automobile insurance with the same
company for at least 5 years you should qualify for a Long-Term Discount.
If you drive an older car, especially one that has no Kelly
Blue Book value any longer, you are wasting your money if you continue paying
for collision or comprehensive insurance. Save your money and cancel those two
portions of your policy.
The last thing you need to consider before putting together
your perfect auto insurance policy is how much you can afford to pay as a
deductible if you should have a claim. Think long and hard about this because
the amount you choose is how much money you will have to pull out of your own
wallet any time you file a claim. The more you are willing to pay for a claim -
that is, the larger your deductible - then the less you will be asked to pay
each month for your insurance.
O.K. You've looked at all of the ways to save money and get
discount automobile insurance in New Jersey and you've put together an
insurance policy that should save you as much money as possible. Now it's time
to get online and see exactly how much you're going to save.
Find at least 3 different websites that allow you to compare
the prices of automobile insurance among various insurance companies and look
for the best price you can find for the policy you've put together. Remember
that you'll need to make your comparisons on at least 3 different websites if
you want to be sure of finding the absolutely lowest rate possible. But once
you've done that you can rest easy knowing that you've saved as much money as
possible and gotten the best discount price available on automobile insurance
here in New Jersey.
How to Get Affordable Car Insurance in New Jersey
There is an Act in New Jersey, called the Automobile
Insurance Cost Reduction Act, which allows New Jersey drivers the ability to
buy basic car insurance policies in New Jersey, for cheaper than all of the
other available car insurance policies in the state. In all honesty, there
isn't much that will beat the most inexpensive car insurance policy plan
available, however there are some things that you should know about the
insurance plan which is being offered before you eliminate all of your other
options.
The Automobile Insurance Cost Reduction Act is useful in
that it allows all drivers to obtain inexpensive car insurance in New Jersey,
because the policy that is offered is significantly cheaper than what you will
pay for a standard automobile insurance policy. This basic car insurance policy
includes $15,000 per person, for personal injury protection, and $250,000 for
significant or permanent injuries. This plan also includes $5,000 of property
damage per accident. Unfortunately, liability insurance for bodily injury is
not included in this basic insurance policy, however, it is an option that can
be added, to the tune of $10,000 per accident for the policyholder.
This basic car insurance policy also does not include
uninsured or underinsured motorist coverage, nor does it include collision or
comprehensive coverage. Collision and Comprehensive coverage are options which
can be added on, but it depends on which form of the basic car insurance policy
was issued to the policyholder
Although this basic car insurance plan is the cheapest
available, it offers very minimum coverage. This coverage is enough to get you
by if you simply need a cheap insurance plan, but there are much better plans
with better and more comprehensive features and even though these plans are
more expensive, they are well worth taking a look at when you are considering
all of your options. The basic car insurance is a quick and inexpensive fix for
people who are currently driving without insurance, or who cannot get regular
automobile insurance coverage because of their credit rating, or their driving
record. However, this basic car insurance policy is not for everyone, because the
coverage offered is not exactly desirable.
When it comes to choosing the right automobile insurance
plan for your situation, it is absolutely imperative that you really shop
around. Affordable car insurance in New Jersey can be easy to find, as long as
you understand where to look, and how to properly compare quotes in order to
ensure that you are receiving the best available policy.
There are many
different approaches that you can take when it comes to obtaining car insurance
quotes, but the method which is generally quickest and the most effortless is
simply to do a search online for car insurance companies with offices located
in New Jersey. Most websites dedicated to car insurance will offer you the
ability to obtain a free quote simply by inputting some information about
yourself, your vehicle and your driving record.
Once this information is sent in, the insurance company will
respond with a free automobile insurance quote. There is no limit to how many
free car insurance quotes you can collect, so you should make a point to spend
a great deal of time researching before you come to any conclusions.
You should
collect car insurance quotes from every local insurance provider that you can
find, then sit down and really weigh your options before coming to any
conclusions. Just because an insurance company offers you an extremely low
quote, this does not mean it is the best available insurance for your
situation. The basic car insurance policy offered by the Automobile Insurance
Cost Reduction Act is proof of this, because even though the insurance quote
seems great, the coverage is not really worth the price that you pay for it.
In addition to price, there are some other factors that you
should consider when you begin to shop around for insurance providers. There
are a large number of different insurance companies and agents available on the
internet, each competing to give you the best possible quote for your
automobile insurance. Many of these insurance companies have offices in various
states, but they may not have a local office in New Jersey. What this means, is
that if you ever have questions or concerns pertaining to your insurance
policy, you will not have a local insurance provider to turn to in order to
address these problems.
This is one of the largest problems associated with
doing your automobile insurance shopping on the internet. Before you choose an
insurance provider, make sure that there is either a local office that you can
visit when you have questions, or that there is a toll free 1-800 that you can
call, with a friendly voice on the other end who will walk you through your
concerns. Large insurance companies do not always have your best interest in
mind, so make sure that you are opting for insurance coverage through a company
that will continue to be helpful and easy to work with after you buy your
insurance plan.
Something else that you need to keep in mind while shopping
for insurance is that there are providers who will offer special discounts and
rates if you ask for them. While you are weighing all of your options and
considering all of your choices, ask the local agencies that you are
considering if they offer any special rates or discounts. In an attempt to be
competitive, and to make sure that you choose them as your insurance provider,
most insurance companies will discount your rate, or offer you a special deal.
You should also make sure that you are obtaining the right kind of insurance
for your situation. For example, there are special insurance plans designated
for young or new drivers in order to offer them discounted rates. Additionally,
vehicles that are older than fifteen years may qualify for antique car
insurance, which entails a discounted rate for cars which are appreciating in
value rather than depreciating as a normal vehicle would.
Cheapest Car Insurance in New Jersey
Today, more than ever, finding the cheapest car insurance in
New Jersey is easy thanks to the Automobile Insurance Cost Reduction Act that
has been put into place. This reduction has helped many individuals to afford
insurance premiums for their vehicles by ensuring that insurance companies
provide the cheapest car insurance policy to their customers. The
implementation of this act has made it possible for many people in New Jersey
to acquire vehicle insurance at a much cheaper price while still getting full
coverage.
The Automobile Insurance Cost Reduction Act makes it
possible for car owners to access basic auto insurance. The policy entitles you
to personal protection against injuries amounting to $15,000 per individual. It
also protects against accidents to as much as $250,000 per person; this is for
both large injuries or permanent bodily damage from accident impact. The
payment will depend on the evaluation and description of the insured. The act
goes a step further and incorporates $5,000 to cover liabilities and damages
for properties that may be involved in the accident.
Though the Reduction Cost Insurance Act in New Jersey does
not incorporate liability protection from injuries in the basic insurance
coverage, it can be added as an option. If the holder of the policy decides to
include the liability coverage for injuries, then the rates will increase and
will rise to $10,000 every time you get an accident. The basic car insurance
cover does not provide protection for uninsured motorist neither is it
available for the underinsured motorist; it is just a plain insurance plan with
no comprehensive coverage. This notwithstanding, some exemptions can be made by
the insurance provider, depending on the reason for which the policy was
provided, to include collision and comprehensive cover
The basic car policy offered in New Jersey does not offer
comprehensive cover as necessary. The major benefit from this insurance plan is
that it provides the cheapest car insurance in New Jersey which is in important
in times of economic downturn. This basic insurance policy for your car only
provides minimal coverage, but the basic features in this plan give the policy
holder the right to seek legal redress in case of an accident. For this reason
alone it is better to have this basic car insurance rather than have none at
all.
The cheapest car insurance in New Jersey only provides very
basic coverage and it is not recommend from people with families where the
lives of others depend on you getting home in one piece.