Selecting NJ auto insurance doesn’t have to be hard or complicated. You simply need to understand what each level of coverage gets you, and why you need it. Then, the only thing left to do, is start shopping for the best rates. This article provides a few tips on what to consider when comparing NJ auto insurance rates, and how to choose the company with the best rate for you.
Comparing NJ Auto Insurance Rates
When comparing NJ auto insurance rates, you need to obtain at least three quotes from available agents. These quotes will give a bit of leverage when you are shopping for your NJ auto insurance, because agents are competing with one another to win your business. Take the lowest quote you’ve been given, even if it’s not with the agency you hope to do business with, then contact each prospective agent and ask them to match or better that rate. Chances are, the agency you really want to do business with also wants your business, so they will likely meet your proposed rate.
The next step is to compare each level of coverage from liability to collision to comprehensive.
As you probably know, liability only covers damage you do to another motorist’s vehicle, meaning you are still responsible for any damage repairs needed for your car. Liability insurance will also cover any medical bills the other motorist may obtain, but again, you are responsible for your own medical treatment. Of course, it’s understandable that comprehensive or collision insurance doesn’t always work into your budget, and liability insurance will at least keep you legal to drive.
Finally, when comparing NJ auto insurance rates, take into consideration deductible amounts and uninsured motorist coverage. One in seven drivers on the road are driving uninsured, so the probability of being involved in an accident with an uninsured motorist is high. However, not all insurance includes uninsured motorist’s coverage, so it’s very important to discuss this factor with prospective agents.