Are you getting all of the NJ Insurance discounts you deserve?! Maybe you are and you don’t realize it?
Here’s a quick list to show you what discounts are available for your NJ home and NJ auto insurance offered by many of the insurance companies represented by our agency.
- LIFE IN A GATED COMMUNITY? Some homeowners are entitled to gated community discounts.
- WHAT’S YOUR HOUSE WEARING? Some insurers give hail resistant roof discounts for Class 4 roofs and credits can be sizeable in some territories.
- “EVERYTHING OLD IS NEW AGAIN:” Some companies are coming out with new rating models that are oriented toward offering lower rates to new customers. Sometimes, a customer can even save money by applying for a new policy with the same company.
- ‘FOR BETTER OR FOR WORSE’ MAY ALSO APPLY TO YOUR CREDIT SCORE: For married couples, sometimes one person will have a better credit score than the other. Since some companies will use the score of the first person named on the application, putting the spouse with the best credit score on first can result in a lower rate.
- GOT NEW WIRES? Depending on the age of newer electrical wiring in your home, you may qualify for an age of wiring discount.
- HAS IT REALLY BEEN 10 YEARS? If you have not filed any home insurance claims in the last 10 years, ask about a discount. “Claims-free” homeowners can often save up to 20%.
AUTO INSURANCE
- IS YOUR TEEN A SCOUT? Some insurers give credits to young drivers who are involved in organizations such as Boy Scouts or Girl Scouts.
- DO YOU HAVE A COMPANY CAR? Many carriers will give a multi-car discount to consumers who have a company car even if they only own one personal vehicle.
- HAVE YOU BEEN WIDOWED? Some insurers give “married” discounts to widows and widowers.
- ARE YOU SHOPPING FOR NEW WHEELS? Before you buy a car, make a short list of the ones you’re considering and ask your agent to estimate the difference in insurance premiums. The difference could save you thousands of dollars.
- ARE YOU A GREEN COMMUTER? Consider car pooling to reduce your commute frequency and ask your agent if that will impact your auto premium. In addition to reducing your carbon footprint, you may also be fattening your wallet.
- HOW YOUNG ARE YOU? In some states, if you’re 55 or older, and you’re the principal driver of your insured car, you could save on your premiums by taking an approved defensive driving class.
MORE WELL-KNOWN DISCOUNTS
While there are plenty of quirky discounts your independent agent can investigate, there are many ‘tried and true’ discounts that many, but not all, insurance consumers know.
- UNEMPLOYED? People who are out of work should qualify for a low-mileage discount or lower rating factor that can save 5-10% on their auto premium.
- MULTIPLE POLICIES? If you have property insurance with ONE company, you may qualify for a multiple policy discount to lower both your auto and your home insurance premiums by as much as 10-15%.
- SOUND THE ALARMS! Alarm credits are often available if your home is equipped with two or more of the following: fire alarms, smoke detectors, fire extinguishers, sprinklers, deadbolt locks and a burglar alarm. Savings can be up to 15%.
- ACCIDENT-FREE FOR THREE YEARS? If you’ve been safe on the road and accident-free for the past three years, and you haven’t received any moving violations, you might qualify for a good record discount. To be eligible, you and all additional drivers also need to have carried continuous, standard automobile liability insurance during those same three years. If you’re a new driver and received your license within the past three years, you, too, could be eligible. Just make sure you meet the above qualifications from the date your license was issued.
- DOES YOUR CAR HAVE SAFETY FEATURES? If your car comes equipped with approved anti-theft devices, anti-lock brakes, and/or passive restraint systems such as airbags.
Make sure you get all the discounts you deserve. Contact us today for a complimentary personalized insurance review. ccw@ccwinsurance.com 732.280.2800
