Having to pay for overpriced car insurance can empty your savings account and make it hard to pay other bills. Comparison shopping is a smart way to slash your bill and have more diposable income. Drivers have multiple car insurance companies to buy insurance from, and even though it’s nice to be able to choose, having more auto insurance companies makes it harder to compare rates.
Smart consumers take time to get comparison quotes periodically since rates go up and down regularly. Just because you found the lowest rates on your last policy you can probably find a lower rate today. There is a lot of bad advice regarding car insurance online but with this article, you’re going to get some guaranteed methods to save money.
There are a lot of ways to compare car insurance quotes, but one way is easier and takes less work. You could waste a few hours driving to insurance companies in Elizabeth, or you could save time and use online quoting to maximize your effort.
Many of the larger companies enroll in a system where prospective buyers only type in their quote data once, and every company provides a quote based on that information. This saves time by eliminating form submissions for every car insurance company.
To access this free quoting program, click here (opens in new window).
The one disadvantage to doing it this way is you can’t choose which carriers you will receive quotes from. If you would rather choose specific insurance companies to request quotes from, we put together a list of low cost car insurance companies in New Jersey. Click to view list.
It’s up to you how you get prices quotes, just be sure to compare the exact same quote information for each comparison quote. If each company quotes different deductibles you can’t possibly determine which rate is truly the best in Elizabeth.
It’s important that you understand the rating factors that play a part in calculating the rates you pay for car insurance. Understanding what influences your rates enables informed choices that can help you get lower car insurance prices.
Shown below are a few of the “ingredients” car insurance companies consider when setting your rates.
Properly insuring your vehicles can get expensive, buy you may qualify for discounts to help offset the cost. A few discounts will automatically apply when you quote, but some must be requested specifically before they will apply. If you’re not getting every credit you deserve, you’re paying more than you need to.
Consumers should know that most discounts do not apply the the whole policy. Most only apply to the cost of specific coverages such as liability and collision coverage. Just because you may think you can get free auto insurance, car insurance companies aren’t that generous. But any discount will help reduce the amount you have to pay.
To choose insurers with discount car insurance rates in New Jersey, click this link.
When it comes to buying proper insurance coverage, there really is no perfect coverage plan. Everyone’s needs are different and a cookie cutter policy won’t apply. For instance, these questions may help you determine if you could use an agent’s help.
If it’s difficult to answer those questions, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies. It’s fast, free and you can get the answers you need.
A small number of people prefer to talk to a local agent and that is just fine! Agents can help determine the best coverages and help submit paperwork. One of the great benefits of comparing insurance prices online is the fact that you can find better rates but also keep your business local. And supporting local agencies is important especially in Elizabeth.
To help locate an agent, after submitting this simple form, your insurance coverage information is immediately sent to local insurance agents who will battle for your coverage. You never need to even leave your home since price quotes are sent immediately to your email address. How cool is that?!
When looking for a local agent, there are two types of insurance agents that you can select. Elizabeth agents can either be captive or independent (non-captive). While both can insure your vehicles, but it’s important to know how they differ since it may influence the selection process.
These agents are not employed by any specific company so they can insure your vehicles amongst many companies depending on which coverage is best. If your agent finds better pricing, they simply move the coverage in-house and that require little work on your part.
When comparison shopping, it’s a good idea to include several independent insurance agents for the best price selection.
Below is a list of independent insurance agencies in Elizabeth who may be able to give you pricing information.
Hal Rose Agency – 118 Elmora Ave – Elizabeth, NJ 07202 – (908) 354-1000
P and P Agency – 1106 Magnolia Ave – Elizabeth, NJ 07201 – (908) 289-4900
Chapman Agency – 435 Elizabeth Ave – Elizabeth, NJ 07206 – (908) 354-0918
Massey Insurance – – Elizabeth, NJ 7201 – (908) 527-6300
Carlos Ferrer Insurance – 58 3rd St – Elizabeth, NJ 07206 – (908) 289-1666
Captive insurance agents can only place business with one company like Allstate, Farmers Insurance, State Farm and AAA. They usually cannot shop your coverage around so they have no alternatives for high prices. Captive agencies are usually quite knowledgeable on their products and sales techniques which helps them sell insurance even at higher premiums.
Choosing a car insurance agent shouldn’t rely on just the bottom line cost. These questions are important to ask:
After getting answers to your satisfaction to any questions you have and a low price estimate, it’s possible that you found an insurance agency that is a good match to insure your vehicles.
The cheapest car insurance can be purchased from both online companies and with local Elizabeth insurance agents, and you need to price shop both to have the best rate selection. Some companies do not offer online price quotes and these smaller companies work with independent agents.
We just presented a lot of information how to shop for car insurance online. The most important thing to understand is the more rate quotes you have, the higher your chance of finding lower rates. You may even discover the most savings is with a company that doesn’t do a lot of advertising. Some small companies may cover specific market segments cheaper than the large multi-state companies such as State Farm or Progressive.
As you prepare to switch companies, it’s very important that you do not skimp on coverage in order to save money. There are a lot of situations where an accident victim reduced comprehensive coverage or liability limits only to regret at claim time that the few dollars in savings costed them thousands. Your aim should be to get the best coverage possible at a price you can afford.
Additional information can be read on the website for the New Jersey Department of Banking and Insurance located here. Visitors are able to read enforcement actions against agents and companies, find disaster information, find out which companies have the most complaints, and file complaints about a company.