by Scott Lunt
New Jersey car insurance options are finally getting better for people who live in the Garden State, according to a national insurance organization. That's good news and if you are a New Jersey driver, here's why now is a good time to see if you can save.
According to the Property Casualty Insurers Association of America, these are some of the changes that have made New Jersey car insurance better for consumers as a result of the 2003 New Jersey Automobile Insurance Competition and Choice Act. In a nutshell, this act was created to improve the auto insurance market in New Jersey by attracting more competition. Since then:
1) More car insurance companies have entered the New Jersey marketplace. This provides greater competition and thus an advantage for the car insurance buyer. A lot of these are major companies.
2) The reforms have provided more options to people living in urban areas for products and services. Again, this makes things more competitive and gives drivers the advantage when shopping for New Jersey car insurance quotes.
3) Car insurance rates in New Jersey have lowered and become more stable. What's more, there are more coverages available and more choices.
One of the best ways to save on car insurance is to comparison shop and now people in New Jersey can benefit even more from comparison shopping because rates can vary from one company to the next.
One of the easiest and fastest ways to do this is to go online. You can request quotes directly from each New Jersey car insurance company Web site. Just make sure to provide the same information about coverages and deductibles each time to get the most accurate comparison. You can also visit a comparison site that allows you to enter your information once and get several different quotes back.
