When it comes to purchasing automobile insurance in New Jersey, you are going to find that the options are almost endless.
While this is fantastic news for those that love to research their options, choose the best policy, and hunt for the best deals available, it’s not the greatest thing for those that want to really streamline the process and just kind of get on with life.
And this is why there are a lot of people paying far more for automobile insurance in New Jersey than they should be!
Of course, there are a couple of other reasons why people are throwing away money every single month, and if you want to be certain that you aren’t one of them, then you’ll want to pay close attention to the details we share with you in this quick guide.
Drivers are unaware of hidden discounts
Most people are (are understandably) under the impression that the deals and discounts available when purchasing automobile insurance in New Jersey from newjersey-insurance.net have already been disclosed to them.
That’s not exactly entirely true.
In fact, the overwhelming majority of drivers out there could have taken advantage of numerous “hidden discounts” that most every auto insurance company provides – discounts for elderly individuals, military and veterans, good students and good drivers, etc.
The only problem is, most of them have no idea that these discounts exist, and that’s only because they haven’t asked about them.
So before you sign on the dotted line and agree to any automobile insurance in New Jersey deals, ask about hidden discounts that may be available. You might be able to save 25% or more off of your insurance coverage.
Drivers have low deductibles
Secondly, a lot of New Jersey drivers are cruising around with very small deductibles on their insurance coverage – and it’s easy to see why.
Most people don’t want to have to fork over a tremendous amount of cash should they have to take advantage of their insurance (after all, isn’t that what insurance is for in the first place). So they set their deductibles just as low as humanly possible, but pay sky high premiums along the way.
Believe it or not, you might be able to save quite a bit of money on your automobile insurance in New Jersey by changing your approach. Pump up your deductibles as high as you reasonably can (up to as much as $1000, for example) and you may be able to save between 30% and 40% off of your monthly premiums.
It’s an easy way to save a mountain of cash!