Paying Too Much for Auto Insurance in Rahway? Here’s How to Save!

Finding the lowest price for Rahway auto insurance might seem complicated at first if you’re new to online quoting. But don’t be discouraged because using the internet to shop for auto insurance is actually quite easy.

Consumers need to do rate comparisons occasionally since rates are adjusted regularly by insurance companies. Even if you think you had the lowest rates on your last policy other companies may now be cheaper. Don’t believe everything you read about auto insurance on the internet, so I’m going to show you some proven techniques to find affordable auto insurance.

Don’t overlook these discounts

Companies offering auto insurance don’t necessarily list every available discount very well, so the following is a list of some of the more common and also the lesser-known discounts you could be receiving. If you don’t get every credit possible, you are paying more than you should be.

• Defensive Driver – Completing a driver safety course could cut 5% off your bill and easily recoup the cost of the course.
• Good Students Pay Less – Performing well in school can save 20 to 25%. The good student discount can last up until you turn 25.
• Military Rewards – Being deployed with a military unit can result in better rates.
• Auto/Life Discount – Companies who offer life insurance give better rates if you take out auto and life insurance together.
• Auto/Home Discount – When you have multiple policies with the same insurance company you may save approximately 10% to 15%.

It’s important to note that many deductions do not apply to the entire cost. Some only reduce the cost of specific coverages such as liability and collision coverage. So when it seems like you could get a free auto insurance policy, auto insurance companies aren’t that generous.

To choose providers with discount auto insurance rates in New Jersey, follow this link.

Quote online but still have a local agent

Some consumers would rather get advice from a local agent and there is nothing wrong with that. Insurance agents can answer important questions and help you file claims. The best thing about getting online price quotes is you can get better rates but still work with a licensed agent.

To find an agent, once you fill out this simple form, your coverage information is instantly submitted to companies in Rahway who will give you bids for your business. You don’t have to even leave your home as quotes are delivered directly to your email. How’s that for easy!

Selecting a company shouldn’t rely on just the bottom line cost. Agents should be asked these questions:

• Do they review policy coverages at every renewal?
• How long has their agency been in business in Rahway?
• Can they provide you with a list of referrals?
• How long have they worked with personal auto insurance coverage?
• Which members of your family are coverage by the policy?

Insurance agent types

When finding a reputable insurance agent or broker, there are a couple of different types of agents to choose from. Agencies in Rahway are categorized either captive or independent. Both types can do a good job, but it’s worth mentioning the differences since it can impact your agent selection.

Captive Agents

Captive agencies can only write with one company such as AAA, Allstate and State Farm. These agents are not able to compare other company’s rates so always compare other rates. These agents are trained well in insurance sales which helps them compete with independent agents. Some consumers prefer to purchase coverage from captives mainly due to high brand loyalty and solid financial strength.

Independent Agencies or Brokers

These agents are not required to write business for one company so they can insure your vehicles amongst many companies and potentially find a lower price. To move your coverage to a new company, an independent agent can move your coverage and that require little work on your part.

When searching for an agent, we recommend you include at least one independent agent for the best price selection. Most have the option of insuring with smaller companies which may provide better rates.

Listed below is a list of independent insurance agencies in Rahway that can give you rate quotes.

• Ray Eggers Agency – 208 W Milton Ave – Rahway, NJ 07065 – (732) 388-8080
• John M Oliphant Agency – 1522 Main St – Rahway, NJ 07065 – (732) 388-2651

For a full directory of licensed insurance agents in Rahway, visit this link.

After receiving positive responses for all questions you ask and a good coverage price, you’ve probably found an insurance agency that will insure your vehicles.

Are auto insurance companies telling the truth?

New Jersey consumers constantly see and hear ads that promise big savings by companies like Allstate and Progressive. They all seem to say the same thing of big savings if you switch to them.

How does each company make almost identical claims?

Different companies can use profiling for the driver that is profitable for them. An example of a preferred risk might be over the age of 50, insures multiple vehicles, and has great credit. A customer who fits that profile is entitled to the best price and therefore will save quite a bit of money when switching.

Potential customers who are not a match for the “perfect” profile will have to pay higher premiums which leads to the customer not buying. Company advertisements say “drivers who switch” but not “drivers who get quotes” save that much. This is how insurance companies can confidently state the savings. Because of the profiling, you need to quote coverage with many companies. It is impossible to predict which insurance companies will provide you with the cheapest rates.

More tips and info about auto insurance is available at the New Jersey Department of Banking and Insurance website. New Jersey consumers can view agent and company licensing information, read consumer alerts, and find disaster information.

Cheaper insurance is a realistic goal

When you buy insurance online, it’s a bad idea to buy less coverage just to save a little money. There have been many situations where drivers have reduced liability limits or collision coverage only to discover later that it was a big error on their part. The proper strategy is to buy a smart amount of coverage at the best price while still protecting your assets.

Low-cost auto insurance can be sourced from both online companies in addition to many Rahway insurance agents, and you should be comparing both to have the best chance of lowering rates. Some companies do not provide the ability to get a quote online and many times these small, regional companies only sell through independent insurance agents.

Drivers leave their current company for a variety of reasons including an unsatisfactory settlement offer, poor customer service, not issuing a premium refund or high prices. Whatever your reason, choosing a new company can be less work than you think.