How to Switch Auto Insurance In NJ
Generally, the two primary reasons New Jersey policy holders want to change their auto insurance company is due to increasing rates or poor customer service. If you find your premium increasing or your claims being handled unfairly, you should consider a switch. This article will give you the tools needed in order to successfully change insurance companies.
- Gather all your driving records from the last five years including accidents, claims and tickets. Additionally, it is helpful to have your driving history, distance to work, annual mileage and present coverage information on hand as well.
- Compare your current rate with the rate of the potential auto insurance company. If you are looking to modify your coverage, do so later. It will be easier to do comparative shopping using your existing policy. Also, be sure to contact the New Jersey state insurance department to obtain information about any complaints that have been filed against them.
- Find all discounts for which you are eligible. If you have a different insurance provider for your homeowner's policy, find out if they offer multi-policy discounts. Additionally, some companies will extend discounts to teenagers who have maintained good grades or those who have completed a driver's education course. Organization affiliations and a good driving record can also give you various discounts.
- Contact your insurance company before you make the switch to see if they are able to meet the competitor’s rate if you choose to reduce your coverage. However, keep in mind that sometimes making changes to your policy will result in a premium increase.
- Contact your current New Jersey auto insurance company and fill out a cancellation application at least one month prior to your policy premium due date. You should have your new policy in hand before you cancel your existing coverage.