Saving Money on Auto Insurance New Jersey

Do you feel that you spend a lot on auto insurance and can't affort it. A car insurance expert offers suggestions on how to save money on your policy.

Local Companies

Atlas Insurance Agency
(973) 589-9149
68 Monroe St
Newark, NJ
Ironbound Business Insurance Agency
(973) 344-6698
275 Chestnut St
Newark, NJ
Professional Dealer Services Inc
201-995-1630
1200 MacArthur Blvd
Mahwah, NJ
A. E. Smal & Co
973-761-7500
1733 Springfield Avenue,
Marblewood, NJ
Insurance Services Office
(201) 469-2000
545 Washington Blvd.
Jersey City, NJ
PRIME INSURANCE AGENCY
732-886-5751
12 ENGLEBERG TERRACE
LAKEWOOD, NJ
Cooperative Auto Service Inc
(973) 824-7995
343 Elizabeth Ave
Newark, NJ
Petrocci Agency
(201) 434-4760
1674 John F Kennedy Blvd
Jersey City, NJ
UIS Inc.
(201) 946-2600
15 Exchange Place
Jersey City, NJ
Fedway Associates Inc.
(973) 624-6444
River Terminal Development
Kearny, NJ

Provided by:

Dear YOUNG MONEY,

My parents are making me pay for my own auto insurance this year. How can I save some money?


Ethan

Dear Ethan,

Paying for your own car insurance can seem daunting at first, especially if you're already feeling strapped for cash. It doesn't help that drivers under 25 typically pay the highest auto insurance rates of any demographic, with young males footing the largest bill. Fortunately, it is still possible for you to insure your car without going broke. Below are some suggestions on how to save money.

Do research

To find a good rate on auto insurance, you need to do your homework. Before you buy a new car, do research and compare prices. The same should be true when you buy auto insurance. Without looking at all your options, you could be spending hundreds more than you have to.

Look for discounts

When you research auto insurance companies, be sure to find out what types of discounts they offer. You may find that you're eligible for a number of discounts that could save you a lot of money.

  • Good Student Discount. In most cases, students are eligible if they're under 25 years of age, maintain a 3.0 ("B") grade-point average or better, and are enrolled full-time in high school, community college, or university.
  • Young Driver Safety Discount. In certain states, there are discounts available for teen drivers who have passed an accredited program. The National Safety Council often has information about where you can take such courses and knows about state certified programs that offer courses for point reduction, auto insurancediscounts, remedial driving, or retraining.
  • Anti-theft/Safety Features Discount. If you car is equipped with anti-theft features, such as alarm systems, protective steering column devices, and certain anti-theft recovery systems, it's likely your insurance rates will be reduced. The same is true if your car is equipped with safety features, such as automatic seat belts or air bags.
  • ...

Click here to read the rest of the article at YoungMoney.com.

Featured Local Company

Atlas Insurance Agency

(973) 589-9149
68 Monroe St
Newark, NJ

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As you, need insurance for various purposes such as for your home, your auto as well as for your self. So, always try to buy all the insurance policies from same insurance company as that insurance company may offer discount up to 15% to those people who buy all insurance policies from their company. By doing this, you need not to deal with so many insurance companies.
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