| |
Free New Jersey Car Insurance Quotes
Home
Types Of NJ Auto Insurance Coverage
Standard & Basic New Jersey Car Insurance Policies
NJ Personal Injury Protection (PIP)
NJ Uninsured/Underinsured Motorist Coverage
NJ Comprehensive Coverage / Collision Coverage
The Right to Sue In NJ
New Jersey Auto Insurance Policy Options
New Jersey Car Insurance Consumer Bill Of Rights
Glossary Of NJ Auto Insurance Terms
New Jersey Auto Insurance Scoring
NJ Car Insurance Reform Updates
NJ Automobile Insurance Rating Territories
NJ Car Insurance Resources
NJ Automobile Insurance Articles
New Jersey Automobile Insurance News
NJ Automobile Insurance By City
NJ Auto Insurance Forums
New Jersey Auto Insurance Agents Directory
|
|
New Jersey Auto Insurance Articles
Many factors affect the premium you will
pay for New Jersey auto insurance. Each is a statistically based risk for a
specific population. The higher the risk associated with a person, the more he
or she is likely to pay for coverage.
Factors you can't easily change that affect
your New Jersey car insurance rates:
- Statistically, drivers under the age
of 25 are at greater risk of being in an accident than those over age 25.
Drivers between the ages of 50 and 65 generally have the safest records.
- Gender - Women are statistically safer
drivers.
- Marital Status - A married person will
pay less than a single person with an identical driving record.
Factors you can change that affect your New
Jersey car insurance rates:
- Geography - Where you live makes a
difference. Folks living in areas with little or no traffic are likely to
spend less on insurance than those living in congested cities or suburbs
because areas with a lot of traffic tend to see more accidents. Some
neighborhoods also have a higher rate of vehicle thefts (Newark!), which can
result in a higher premium.
- Driving Violations - Having an
accident or moving violations on your record (speeding tickets, DUI,
reckless driving, etc.) put you at a higher risk for accidents and will
likely mean a higher premium. Some New Jersey car insurance companies will
penalize you for your record for as many as five years from when the
incident occurred. However, keep in mind, as your record improves, your
premium will get lower.
- Vehicle Type - A Geo will cost less to
insure than Rolls Royce.
- Accident Claims - A driving record
that is clean and free of accidents will hold fare better for you than lots
of tickets and/or accidents.
- Credit Rating - Many insurance
companies view having a poor, or even no credit history as suggestive of
higher risk and thus, charge you a higher premium.
- Occupation - Insurers have
statistically found a correlation between your occupation and risk. For
instance, a newspaper delivery person is most likely a higher risk than the
personal banker sitting at their desk all day.
Other factors that help determine New
Jersey car insurance premiums:
- Driving distance to work
- Miles driven each year
- Years of driving experience
- Business use of the vehicle
- Theft protection devices (often
results in discounts)
- Multiple cars and drivers (another
opportunity for discounts)
What can I do right now to make sure I have
the lowest New Jersey car insurance premium? Shop around and compare quotes from
different New Jersey auto insurers. They base their premiums on their claims
experiences, which naturally differ. One company may see your area as a higher
risk than others may. Another may charge more because of your occupation.
If you want to add this New Jersey Auto Insurance article to your website, you must include the
following author information with the article - including the links:
Get A Free New Jersey Auto Insurance
Quote |
