Once you have insurance on your car or home, you most likely wish you could find more ways to save money. In fact, even if you have already found some savings, you probably wish there was more to do to save on your New Jersey insurance. Something that may not have occurred to you, however, is that one of the easiest times to save is before you even buy your home or car.
The reason for this is that New Jersey insurance companies will usually offer you discounts for being a low-risk customers, which in some cases, means buying a low-risk car or home. How do you determine which vehicles or houses are low-risk, though? For homes, buy in neighborhoods with low crime rates, with a professional fire department instead of volunteer, and try to get extra safety features, like a fire hydrant nearby or a built-in security system.
Cars, on the other hand, may be trickier. As a general rule, the more average your car gets, the less likely it is to cost money. This is because expensive, flashy cars have a higher theft rate, while old, worn-out cars have a higher repair cost. Larger cars can cause more damage to others while small cars are more likely to be totaled or cause injury to their driver. The specific model of car that will get you discounts depends on the company, so do some research.