Car Insurance In New Jersey
Car insurance in New Jersey is somewhat expensive compared to the national average, and while the state offers a low-cost alternative, its not available to everyone. Luckily, its possible to find affordable car insurance in the Garden State if you compare car insurance quotes across providers using an insurance comparison platform like Insurify.
Quick Facts
- The average cost of car insurance in New Jersey is $267 per month, or $3,204 annually.
- Plymouth Rock is the cheapest provider we found in New Jersey, with average premiums of $182 per month.
- Your rates are determined by factors outside of your location, such as your age and driving record but by comparing car insurance quotes, you can ensure you find the best rate for your circumstances.
Best Car Insurance Companies In New Jersey
NJM is the best car insurance company overall in New Jersey based on low rates, dependable service and great coverage.
State Farm also received an excellent rating of 4.5/5 stars. As the nation’s largest insurer, State Farm offers dependable coverage in nearly every state in the country and offers robust online tools alongside affordable rates.
Customer service and coverage options are an important part of evaluating the quality of a car insurance policy. While finding an affordable rate for insurance is key, ultimately insurance is a service, and getting dependable coverage you can count on is equally essential.
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How To Compare Cheap New Jersey Car Insurance Quotes Online
Most insurance providers offer an easy-to-use online quote tool that gives reasonably accurate prices. You should ideally identify the coverage amount you need so you can compare insurers with consistent limits. For example, if you get a quote for $50,000 in bodily liability insurance per accident from one carrier, you should ensure to use the same figure to get rates from another company.
MoneyGeeks car insurance calculator can give you a quote for an average driver without entering any personal information. To get a personalized quote, you do need to include more information. The three cheapest companies on average in New Jersey are GEICO, New Jersey Manufacturers and Allstate, and you can start by getting quotes from these providers.
Auto Insurance Calculator
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What Is The Average Cost Of Car Insurance In New Jersey
The average cost of car insurance in New Jersey is $1,584 per year according to thezebra.com.2 Thats 10% higher than the national average. Of course, your auto insurance cost will depend on many different factors including your age, where you live and your driving history.
Some people get the bare minimum coverage, while others prefer the comfort and security of more protection. Liberty Mutual customizes your New Jersey auto insurance, so you only pay for what you need.
State Farm Car Insurance Quote Tools In New Jersey
State Farm has an online quote tool on its website. The process to get a car insurance quote from the company takes approximately three minutes to complete. After getting an initial quote, you can adjust the coverage level and see the updated price. However, if your vehicles body type isnt an option on the website, it cant offer an online quote. Instead, it will assign you to an agent you can speak to.
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How To Get Cheaper Car Insurance In New Jersey
Multiple factors affect the cost of car insurance. Some things you cant control, but you do have a say in most of the contributing factors. Driving safely, obeying traffic laws, and keeping a clean driving record are the best ways to keep your insurance costs down.
Other than that, the best way to lower your car insurance costs is to compare rates from at least three insurance companies. Ideally, you should check your rates every 6-12 months, when you renew your policy. But at a minimum, be sure to check your record and shop for rates every three to five years, since you may be able to get a lower rate if a traffic violation falls off your record.
In New Jersey, the most expensive policies cost roughly $2,468, and the least expensive coverage costs around $468, when all driver profile information is the same. That means you could save as much as $2,000 simply by shopping around. Be sure to confirm youre getting all the discounts youre eligible for, too.
What is the penalty for driving without insurance in New Jersey?
Purchasing New Jerseys minimum liability car insurance coverage is the easiest way to satisfy the financial responsibility requirement. Drivers in New Jersey pay an average of $1,279 per year to maintain the minimum amount of coverage. Thats nothing compared to the consequences of driving without insurance, especially if you get into an accident.
Consider Minimum Insurance Requirements In New Jersey
New Jersey takes a unique approach to car insurance requirements. The state offers two options for minimum required coverage: the basic policy and the standard policy. Basic policies include just a level of property damage liability per accident and personal injury protection coverage and come with the option to purchase bodily injury liability coverage. If you choose a basic policy, your ability to add other coverage types could be limited. Standard policies include bodily injury liability, property damage liability and PIP and also come with a broader range of optional endorsements to choose from. Understanding New Jerseys car insurance laws could help you decide if you need to purchase more coverage than just the minimum required.
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What To Know About Driving In New Jersey
The state of New Jersey has almost 39,000 miles of public roads, and its drivers traveled over 77.5 billion miles total in 2018. The state also has about 6.3 million licensed drivers, and there were 278,413 reported crashes in 2018.
If we assume that an auto accident involves two drivers, New Jersey drivers had a 10 percent chance of getting into an accident during the year. Looked at another way, the average driver would experience an accident at least once every 10 years.
New Jersey Car Insurance Discounts
Find out which discounts can be applied to your policy by applying online for a quote or speaking with your local agent. Nationwide offers a range of car insurance discounts that can help lower your monthly premium, you may be eligible for these exclusive discounts below:
Get a one-time discount for setting up monthly recurring bill pay from your checking or savings account.
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Proof Of Insurance In New Jersey
All drivers must show proof of insurance when registering a car or truck with the New Jersey Motor Vehicle Commission or when stopped by a police officer. Failure to show proof of insurance can lead to driver’s license suspension and revoked registration. Proof of insurance can consist of a paper or electronic New Jersey Insurance Identification Card for each vehicle under your policy.
Minimum Car Insurance Requirements In New Jersey
New Jersey is a no-fault state, requiring drivers to carry personal injury protection, or PIP, in addition to liability insurance. New Jersey is unique in that it offers a choice between two sets of requirements for minimum insurance coverage, in the form of a Basic Policy and a Standard Policy. The state says most drivers opt for Standard, but the Basic Policy is cheaper and has the lowest possible limits you can buy in the state.
Basic Policy:
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$5,000 property damage liability per accident.
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$15,000 personal injury protection.
Bodily injury liability isnt required for the Basic Policy, but should you choose to buy it, the minimum is $10,000 per accident.
Standard Policy:
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The Cheapest Car Insurance Rates New Jersey Has To Offer
The average New Jersey driver pays almost $1,400 a year on their car insurance that makes NJ the sixth most expensive state to insure your car in the entire U.S. But that doesnt mean you necessarily have to just accept paying more than most people for car insurance. There are lots of companies across New Jersey offering great rates for drivers of all types. Weve broken down thousands of real-life quotes to show you who has the most affordable prices. Keep reading to find out which company is best for you.
How New Jersey Drivers Measure Up
While most drivers know that car insurance quotes are determined in part by your personal driving history, many may be unaware that rates are also impacted by the average risk of the drivers around you as well. Check out Insurify’s latest analysis of driving records in New Jersey below:
Methodology
Drawing from an internal database of over 4 million car insurance applications, the research team at Insurify analyzes patterns in car ownership and driver behavior – including how New Jersey drivers measure up to their fellow motorists across the United States in areas including speeding, DUIs, and more. Insurify Insights publishes data-driven articles, trend analyses, and national rankings each week on all factors related to cars and those who drive them.
Honda Accord
Most Popular Car in New Jersey
#50
State with the Most Speeding Tickets Rank
#48
State with the Moving Violations Rank
#46
State with the Most DUIs Rank
#45
State with the most Suspended Licenses
- Accidents in New Jersey
While car accidents are a sadly unavoidable feature of time spent on the road, rates of accidents do vary from city to city and from state to state. New Jersey is the #33 state in the country for drivers with an at-fault accident on their driving record.
- Rank among states: #33
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New Jersey Auto Insurance
New Jersey auto insurance consumers are required to carry a certain minimum level of car insurance coverage. In many cases, buying only the minimum level of auto insurance coverage set by New Jersey lawmakers will not be enough to provide adequate levels of protection. As a New Jersey resident, you will need to buy Liability and Uninsured/Underinsured Motorist coverage.
Cheap Car Insurance In New Jersey
One of the smallest states in the country, New Jersey does not fall short on rich cultural and entertainment opportunities. Its claim to fame is the Atlantic Coast, home to Atlantic City, with its famous four-mile-long Boardwalk and countless casinos dotting the coastline. For a quieter time, take a trip to the southernmost tip of the state and visit Cape May, a bustling resort town that is home to the Cape May Point Lighthouse and the antique Emlen Physick Estate.
For something close to New York, another option is Liberty State Park, with views of Upper New York Bay, Liberty Island, and the Statue of Liberty. More than 1,200 acres of trails, tidal salt marshes, and nature preserves also exist within this ecosystem. It is also one of the best-preserved environments in the state, with plenty of picnic and sports opportunities.
Drivers are required to have car insurance in New Jersey. Read on to learn more about the rules for driving in New Jersey.
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Cheapest Car Insurance For Drivers With A Dui In New Jersey
Car insurance for high-risk drivers, such as those with a severe driving violation like a DUI on their record, is significantly more expensive. In New Jersey, a driver with a DUI needs to pay an average of $3,320 per year for their auto insurance, compared to $1,674 for those with a clean record.
The cheapest car insurance companies in New Jersey for a driver with a DUI and full coverage are:
- New Jersey Manufacturers: $1,631 per year
- Progressive: $1,732 per year
Although GEICO is the cheapest insurer for New Jersey drivers with a clean record, New Jersey Manufacturers and Progressive has lower rates for those with a DUI.
Average Car Insurance Rates With a DUI
- Company
- $646
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Getting a DUI will impact the cost of your auto insurance. The percentage of adults who reported driving after drinking too much was 1.0% in New Jersey, according to a study done by the Centers for Disease Control and Prevention. Additionally, 1,459 people were killed in alcohol-related car crashes in New Jersey from 2009-2018.
The financial repercussions of getting a DUI are costly and can range from court and legal fees to alcohol education treatment programs. Your insurance rate will also see a spike in cost in addition to the legal fees. The above auto insurance rates show what drivers who receive a DUI in New Jersey can expect to pay for insurance.
Dollar A Day Insurance Nj
Get auto insurance coverage just by paying only $1/day. This is a Special Auto Insurance Plan available in New Jersey which allows those who are eligible for Medicaid to get limited auto insurance just by paying $365 annually. This plan is to provide insurance who might go uninsured due to financial limitations.
The dollar a day insurance or SAIP provides only limited insurance coverage for emergency treatment in an accident up to $250,000 for the treatment of serious brain and spinal injuries. It provides a death benefit of $10,000.
Be aware that this doesn’t provide liability coverage or comprehensive coverage. This means that you don’t meet the state minimum required auto insurance coverage and could cause legal proceedings in case of an accident causing damage to others and properties.
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What Are New Jersey’s Car Insurance Requirements
New Jersey state law requires the following minimum-coverage limits for registered drivers:
- Bodily injury liability per person: $15,000
- Bodily injury liability per accident: $30,000
- Property damage liability: $5,000
- Personal injury protection: $15,000
These limits are really only sufficient for meeting the New Jersey’s minimum-coverage, or “liability insurance,” requirements, but they. These limits will probably not be high enough if you’re involved in a major accident. Any costs over your policy limits will have to come out of your own pocket. To protect yourself, we recommend increasing your limits to the following:
- Bodily injury liability per person: $100,000
- Bodily injury liability per accident: $300,000
- Property damage liability: $100,000
Cheapest Full Coverage Car Insurance In New Jersey For 50
Drivers in New Jersey with clean driving records may want to get quotes from these insurers, which had the lowest average rates:
Plymouth Rock: $1,077 per year, or about $90 per month.
Selective: $1,178 per year, or about $98 per month.
Geico: $1,192 per year, or about $99 per month.
NJM: $1,245 per year, or about $104 per month.
Travelers: $1,374 per year, or about $114 per month.
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New Jersey Car Insurance Rates By Driving And Accident History
One of the factors that significantly impacts your car insurance rates is your driving history. If you have a clean driving record, youll be eligible for some of the cheapest auto insurance rates. If you have car accidents or DUIs on your record, on the other hand, youll be considered a higher risk to insure, so youll pay higher premiums.
Even a speeding ticket can be enough to raise your rates significantly. Heres what drivers pay, on average, with each type of infraction.
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New Jerseys Rules On Electronic Proof Of Insurance
If you are stopped by the police and asked to show proof of insurance, you may wonder if you need to find a paper copy of your insurance card, or if you can use an electronic version. In New Jersey, you are allowed to show an electronic copy of your insurance card on your mobile device.
You can use the Allstate Mobile App for iPhone® and Android® to access a digital ID card.
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How To Get Dollar A Day Insurance
You can get SAIP from any insurance agencies in New Jersey. If you pay upfront, you can get it for $360 per year or $365 in installments. You will have to meet the eligibility criteria for this insurance to get it.
- You should have a valid driving license.
- You should be enrolled for the Federal Medicaid with hospitalization.
- You should be an uninsured driver in New Jersey.
Why Does Car Insurance In New Jersey Cost So Much
New Jersey is a “no-fault” state. This means you’ll file a claim with your own auto insurance company if you’re injured in an accident, no matter who is at fault. Car insurance companies in New Jersey charge higher rates to offset the costs of paying for such claims.
New Jersey car insurance rates are also high because of weather risks there. New Jersey is prone to hurricanes and flooding, both of which may result in more car insurance claims. As a result, insurers tend to charge higher rates.
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Cheapest Car Insurance After An Accident: Geico
New Jersey drivers with an accident on their driving record may still be able to find cheap full coverage car insurance quotes at Geico, where the average price is $1,613 50% cheaper than average for car insurance after an accident.
Having just one accident on your driving record can increase your auto insurance quotes substantially, as a driver who’s gotten in one crash is more likely to get in another in the future. New Jersey drivers pay 64% more after an at-fault accident.
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*USAA is only available to current and former military members and their families.
Cheapest Car Insurance Companies For Teen Drivers
NJM is the best, cheapest car insurance company for teen drivers in New Jersey, whether you’re looking for minimum or full coverage, as well as for teen drivers with accidents, speeding tickets or DUIs on their record.
Eighteen-year-old drivers pay an average $385 a month for minimum-coverage car insurance in New Jersey, and $788 for full-coverage car insurance. Teen drivers pay the highest car insurance rates of any demographic. This is because they present a significant risk for an accident due to their lack of driving experience.
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