Top New Jersey Auto Insurance Providers [2024]
You can secure cheap auto insurance in NJ by maintaining a clean driving record. Speeding tickets, accidents, and DUI convictions can drive up your rates by at least 10%. To make New Jersey car insurance more affordable, you can get liability-only coverage. But if you can’t afford standard insurance, enroll in low-income auto insurance in NJ. Shop around and compare multiple insurance companies to secure cheap car insurance in New Jersey.
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Scott W. Johnson
Licensed Insurance Agent
Scott W Johnson is an independent insurance agent in California. Principal Broker and founder of Marindependent Insurance Services, Scott brings over 25 years of experience to his clients. His Five President’s Council awards prove he uses all he learned at Avocet, Sprint Nextel, and Farmers Insurance to the benefit of his clients. Scott quickly grasped the unique insurance requirements of his...
Licensed Insurance Agent
UPDATED: Feb 26, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Feb 26, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- According to the National Association of Insurance Commissioners (NAIC), New Jersey auto insurance is $119 per month
- State Farm auto insurance can be as low as $36 per month
- Geico has the cheapest full coverage auto insurance in New Jersey
- New Jersey is one of three states with low-income auto insurance
Do you want to compare cheap car insurance in New Jersey? NJ car insurance is more expensive than the national average, but there is a way to secure more affordable rates.
So, what is the monthly fee for New Jersey car insurance? And what factors do you need in order to purchase affordable auto insurance in NJ? Don’t worry — we’re here to help.
Continue reading this guide to learn how to obtain cheap auto insurance, which companies provide affordable liability and full coverage insurance, and what factors contribute to cheap auto insurance in New Jersey.
If you’re ready to compare quotes from multiple companies in your area, enter your ZIP code into our free tool to get started.
Which companies have cheap auto insurance quotes in NJ?
Affordable auto insurance quotes in New Jersey are available throughout the state. But you’ll need to know where to find them.
Let’s examine the table below to view cheap auto insurance companies in NJ.
Monthly Liability Auto Insurance Rates in New Jersey by Company
| Companies | Monthly Auto Insurance Rates |
|---|---|
| State Farm | $36 |
| Geico | $40 |
| Plymouth Rock | $60 |
| NJM | $71 |
| Progressive | $82 |
| Allstate | $92 |
| Travelers | $112 |
State Farm and Geico offer the least expensive liability-only car insurance in New Jersey.
Liability-only coverage is usually the most affordable option. However, that alternative won’t provide specific coverage that pays for damage to your vehicle when you’re at fault.
What are the minimum auto insurance requirements in New Jersey?
Liability car insurance is the minimum requirement in New Jersey. However, liability insurance supplies a minimum limit.
The minimum auto insurance requirement in New Jersey is $15,000 per accident for bodily injury of one person, $30,000 per accident for bodily injury of multiple people, $5,000 per accident for property damage, and $15,000 per accident for personal injury protection (PIP).
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Where can I find cheap auto insurance companies in NJ that provide full coverage?
The quickest way to locate cheap car insurance companies in New Jersey is to shop around. Fortunately, we’ve provided some estimates for you.
The National Association of Insurance Commissioners (NAIC) says that the average full coverage rate in New Jersey is $119 per month.
Here’s a list of the top auto insurance companies in New Jersey and their monthly full coverage rates.
Monthly Full Coverage Auto Insurance Rates in New Jersey by Company
| Companies | Monthly Full Coverage Auto Insurance Rates |
|---|---|
| Geico | $94 |
| Plymouth Rock | $111 |
| State Farm | $130 |
| NJM | $147 |
| Progressive | $159 |
| Travelers | $211 |
| Allstate | $213 |
Geico, Plymouth Rock, and State Farm have the most affordable auto insurance rates in New Jersey. However, you can secure more affordable rates if you possess favorable factors.
How do you obtain cheap auto insurance rates in New Jersey?
A favorable factor in auto insurance is a personal characteristic that deems you at low risk of filing a claim. And it’s essential to purchasing cheap auto insurance rates in New Jersey.
How do speeding tickets affect auto insurance rates in NJ?
Speeding violations have little to no effect on auto insurance companies in New Jersey. Let’s review the latest estimates from the top New Jersey car insurance companies:
- Geico – $94/month
- Plymouth Rock – $111/month
- State Farm – $130/month
- NJM – $181/month
- Progressive – $202/month
- Travelers – $253/month
- Allstate – $258/month
Geico has the lowest monthly rates. Meanwhile, Travelers and Allstate have the most expensive fees per month.
Can accidents increase auto insurance quotes in New Jersey?
Accidents can escalate your car insurance rates by 10%. These are the results for New Jersey drivers:
- Plymouth Rock – $120/month
- Geico – $132/month
- NJM – $147/month
- State Farm – $212/month
- Progressive – $242/month
- Travelers – $326/month
- Allstate – $499/month
Travelers and Allstate are the most expensive auto insurance companies in New Jersey. Plymouth Rock is more affordable than Geico when you factor in car accidents.
How much are NJ auto insurance rates after a DUI conviction?
DUI infractions have the most impact on car insurance rates. Not only will you receive a fine and possible jail time, but DUI convictions lead to a suspended license and an auto insurance rate increase of up to 40%.
But let’s examine how the best insurance providers calculate DUI offenses into monthly rates:
- NJM – $181/month
- Progressive – $183/month
- Geico – $190/month
- Plymouth Rock – $205/month
- Travelers – $302/month
- Allstate – $306/month
NJM provides the least expensive car insurance rates for drivers with a DUI conviction. However, you may also require an SR-22 certification. (For more information, read our “NJM (NJ Manufacturers) Auto Insurance Review“).
Allstate and Travelers auto insurance rates are nearly three times the New Jersey average.
Does age affect auto insurance rates in New Jersey?
Your age determines your driving experience and your risk as a driver.
Teens and young adults are known for higher auto insurance claims. But drivers 25 and older pay significantly less for car insurance.
Here’s how New Jersey insurance companies calculate rates based on age:
- NJM is the cheapest company for 20-year-old drivers – $179/month
- Plymouth Rock is the least expensive company for 30-year-old drivers – $89/month
- Plymouth Rock is the most affordable company for 40-year-old drivers – $86/month
- Plymouth Rock is the cheapest company for 50-year-old drivers – $90/month
- Selective is the most affordable company for 60-year-old drivers – $97/month
New Jersey drivers between the ages of 30 and 60 pay at least $20 less for car insurance. If you’re a teen driver, your auto insurance rates will be three to five times more expensive than average.
Do married drivers pay less for auto insurance in New Jersey?
Married drivers, regardless of gender, pay at least 5% less than single drivers. Auto insurance companies have determined that married drivers are less likely than single motorists to file an auto insurance claim.
How does credit affect cheap auto insurance in NJ?
Your credit history can also impact your New Jersey car insurance. Credit correlates to your risk of filing claims.
Therefore, a poor credit score can increase your rates. But exceptional credit can decrease monthly rates by 30% or more.
Which New Jersey cities have the cheapest auto insurance?
Car insurance quotes vary for each New Jersey city, but some cities share the same risks as others. This means that you could see similar auto insurance rates across the entire state.
Let’s examine a few sample estimates.
These are the top five most expensive New Jersey cities for auto insurance:
- Irvington, NJ – $232/month
- Newark, NJ – $232/month
- Passaic, NJ – $227/month
- Paterson, NJ – $224/month
- East Orange, NJ – $223/month
And here is a list of the top five most affordable New Jersey cities for car insurance:
- Bay Head, NJ – $133/month
- Brielle, NJ – $133/month
- Dover Beaches North, NJ – $133/month
- Lavallette, NJ – $133/month
- Manasquan, NJ – $133/month
Some of New Jersey’s most populated areas offer more expensive rates, and other locations provide more affordable rates. Overall, the average monthly rates for most New Jersey cities are higher than average.
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How do I obtain low-income auto insurance in NJ?
Low-income car insurance in New Jersey is reserved for drivers who don’t earn enough money per year to pay for insurance. Therefore, New Jersey provides a state-sponsored auto insurance program.
New Jersey’s government-sponsored auto insurance is also known as “dollar a day” car insurance. It costs $365 per year and provides the minimum coverage.
Low-income insurance in NJ provides coverage for emergency room care and a $10,000 death benefit if a driver dies in a car accident. But low-income car insurance won’t cover outpatient costs.
Cheap Auto Insurance in New Jersey: The Bottom Line
You can find cheap auto insurance companies in New Jersey if you continue shopping around. We recommend that you avoid purchasing the first quote that you receive.
Take the time to consider all of your options before locating a policy that works best for you. If you can’t afford car insurance policies in New Jersey, try to enroll in low-income car insurance.
Before you buy affordable auto insurance in New Jersey, use our free online quote tool to compare multiple insurance companies near you.
Frequently Asked Questions
What are the top auto insurance providers in New Jersey?
The top auto insurance providers in New Jersey can vary based on factors such as customer satisfaction, coverage options, pricing, and financial stability. However, some of the well-known and reputable insurance companies in New Jersey include:
- GEICO
- Progressive
- State Farm
- Allstate
- NJM Insurance Group
- Plymouth Rock Assurance
- Farmers Insurance
- Liberty Mutual
- Travelers
- USAA (for military personnel and their families)
How can I determine the best auto insurance provider for me in New Jersey?
Finding the best auto insurance provider in New Jersey depends on your individual needs and preferences. Here are some factors to consider when evaluating insurance providers:
- Coverage options: Look for providers that offer the types of coverage you need, such as liability, collision, comprehensive, and uninsured/underinsured motorist coverage.
- Pricing: Obtain quotes from multiple insurance companies to compare prices. However, keep in mind that the cheapest option may not always provide the best coverage.
- Customer satisfaction: Research customer reviews and ratings to gauge the overall satisfaction level of policyholders with a particular insurance provider.
- Financial stability: Verify the financial strength of the insurance company by checking their rating with independent rating agencies like A.M. Best or Standard & Poor’s.
Are there any local New Jersey auto insurance providers worth considering?
Yes, New Jersey has a few local auto insurance providers that are well-regarded within the state. One notable example is NJM Insurance Group (New Jersey Manufacturers Insurance Company), which exclusively serves New Jersey residents and has a strong reputation for customer service and competitive rates.
Can I purchase auto insurance from any provider if I live in New Jersey?
Yes, residents of New Jersey have the freedom to purchase auto insurance from any licensed insurance provider operating in the state. However, it’s important to ensure that the provider you choose meets the minimum coverage requirements set by New Jersey law.
Are there any discounts available from New Jersey auto insurance providers?
Yes, many auto insurance providers in New Jersey offer various discounts that can help policyholders save money. Some common discounts include:
- Good driver discounts for maintaining a clean driving record.
- Multi-vehicle discounts for insuring multiple vehicles under the same policy.
- Bundling discounts for purchasing multiple types of insurance (e.g., auto and homeowners) from the same provider.
- Good student discounts for students who maintain good grades.
- Safety feature discounts for vehicles equipped with certain safety features, such as anti-theft devices or anti-lock brakes.
Compare Insurance Providers Rates to Save Up to 75%
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Scott W. Johnson
Licensed Insurance Agent
Scott W Johnson is an independent insurance agent in California. Principal Broker and founder of Marindependent Insurance Services, Scott brings over 25 years of experience to his clients. His Five President’s Council awards prove he uses all he learned at Avocet, Sprint Nextel, and Farmers Insurance to the benefit of his clients. Scott quickly grasped the unique insurance requirements of his...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.