Nine things to think about when searching for the cheapest auto insurance in New Jersey
If you are on the search for the cheapest auto insurance quotes in New Jersey, and want to be sure that you aren’t spending a single penny more for auto coverage than absolutely necessary, you’re going to fall in love with all of the tips and tricks we are able to share with you below.
You see, a lot of a lot under the impression that the agencies out there are offering all kinds of deals and discounts as part of some kind of reward campaign for their customers. Nothing could be further from the truth.
These businesses are in business to make money first and foremost, so you can rest assured that almost all of their deals are going to have some strings attached.
Here’s how to navigate this sometimes sticky situation!
Understand exactly what “up to 25%” really means
You’ll almost always hear phrasing like “discounts up to 25%” in marketing and advertising pieces responsible for selling coverage, but you have to realize right off the bat that this phrase is incredibly deceptive.
Companies might offer real discounts up to 25% off, but the overwhelming majority of their customers will never see those kinds of deals. They’ll be much closer to the 5% to 10% arena.
Specific discounts offered may only be applied to specific types of coverage
Another trick that agencies love to use is advertising special deals and discounts, but that only applying those deals and discounts to very specific types of coverage. It’s all an effort to get you to call in or to use their online tools, lead generation efforts to bring your business.
The overwhelming majority of safety feature discounts are no longer available
Used to be that making a handful of safety feature upgrades to your vehicle would land you substantial discounts on your coverage, but nothing could be further from the truth today.
Vehicles today are safer than they ever have been before, and all of them come from the factory with standard safety features that are tough to beat. Agencies just aren’t offering discounts for standard technology.
Certain “special discounts” may have been legally mandated and not offered to “special customers”
You may be surprised to learn that a lot of the bigger deals and discounts offered by some of the best companies in New Jersey (and all over the country, for that matter) were not their idea at all.
Instead, these special discounts are usually legally mandated by state legislatures – though the company is going to spin it as though they not only came up with the offer, but that they are also sharing it only with their special customers.
Don’t fall for that kind of nonsense when you’re looking for the cheapest auto insurance quotes in New Jersey.
Discounts can sometimes be offered on a “this for that” kind of basis
A lot of companies love to trade discounts and deals for other discounts and deals, very rarely allowing you to “stack” these kinds of offers unless you are really on the ball.
Make sure that you are getting ALL of the deals and discounts you’re hoping for, and not having specific deals taken off of the table because you’re looking to save money.
Safe driving discounts may be time sensitive
Many of the bigger companies in New Jersey are offering safe driver discounts, but almost all of them have an expiration date when the discount “falls off”. This is certainly something you’ll need to be aware of if you’re going to have any chance of extending that deal after it expires.
Some of the bigger discounts you’ll be offered may not kick in for a certain amount of time
If you’re lucky enough to land a truly significant discount on auto insurance in New Jersey you’ll want to be sure that the deal goes into effect just as soon as you sign on the dotted line.
Too many significant discounts from companies are time sensitive and time delayed, not kicking in until you’ve paid for freight for three months or even six months of coverage. Make sure you understand exactly when your deal goes into effect.
You’ll almost always have to ask for the most significant auto insurance discounts
The bulk of the most significant discounts available aren’t going to be marketed or advertised to customers for obvious reasons.
At the same time, if you ask about these options, deals, and discounts your agent will have to legally disclose them to you. It’s one of the best ways to save a boatload of money – and it doesn’t involve the Internet at all.
You’ll have to negotiate and use leverage to get the best auto insurance policy prices available
Finally, you’re going to want to understand exactly what the landscape is like in the policy world before you sign on the dotted line and agreed to pay anything for coverage.
Research the cheapest auto insurance quotes in New Jersey with the help of the Internet (digging up at least five or more before you make a decision) and you’ll have more inside information than you would have otherwise.