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Auto insurance laws are no joke, and if you want to drive in the state, you're probably looking for the cheapest car insurance in New Jersey. We've combed through carriers to find the best car insurance in New Jersey with low-cost options.
When it comes to cheap auto insurance in New Jersey, it pays to be a good driver. When we searched New Jersey car insurance quotes, we found that a safe driver with a clean driving record can land a low cost car insurance policy with Progressive for around $1,342 annually (or $112 per month).
Other companies with affordable car insurance in New Jersey include:
Drivers who were at fault for an accident quickly learn that their rates can increase until the accident falls off their driving record. With an annual average rate of $1,786, Selective appears to be one of the best car insurance companies in New Jersey for drivers who've been in an accident.
Selective is followed by:
Learning how much car insurance is in New Jersey for young drivers is enough to make you feel faint. When it comes to insurance coverage for teen drivers, Geico is the clear winner, offering an average annual rate of $2,985 ($249 per month). If that sounds expensive, it may help to put it in perspective. The average rate for teen drivers (including major insurance carriers) is $8,595 per year. Geico's rates don't look so bad in comparison.
Other carriers worth consideration are:
A driver is not expected to pay an arm and a leg for a single speeding ticket. Still, it does boost the price of auto insurance by a bit. Geico offers drivers with one ticket an average annual rate of $1,481.
Other contenders include:
Drivers looking for cheap liability car insurance in New Jersey have four great options. The winner in this category is Geico, with an average rate of $597.
Other companies offering low rates are:
The average rate for auto insurance in New Jersey is $3,720. That's nearly 41% higher than the national average rate of $2,646.
|Average Rate Category||New Jersey||National Average|
|1 accident on driving record||$4,390||$3,092|
|1 speeding ticket on driving record||$3,879||$2,766|
New Jersey car insurance laws make it clear that driving without insurance can be costly. Here's what a driver can expect if they're pulled over in the Garden State without proof of insurance:
Drivers seeking New Jersey minimum car insurance must carry the following:
Focus on these three areas to get the best possible rate on your New Jersey auto insurance.
Drivers with a clean driving record are offered the best rates. If you're concerned about the price of New Jersey auto insurance, focus on how you're driving. Avoid speeding tickets or other blemishes on your record.
Insurance industry studies have shown that drivers with strong credit scores also tend to be safe drivers with fewer insurance claims. That's why insurers routinely offer a lower rate quote to people with high credit scores. If your credit score is not as high as you would like, take steps to boost that number. Drivers who raise their scores can often get lower auto insurance rates.
Car insurance discounts are a great, easy way to snag a lower rate. While searching for the best insurance companies in New Jersey, check out their discounts. Many drivers are surprised by how much they can save. Here are some discounts to look for:
Any driver looking for more proof that minimum auto insurance coverage (at very the least) is a necessity need look no further than the state Motor Vehicle Commission (MVC). MVC charges a mandatory surcharge to drivers who have had their license suspended due to lack of insurance. So, in addition to paying for an insurance policy and possibly an SR-22 (proof of insurance sent from an insurer to the MVC), a driver will likely be hit with a $250 reinstatement fee before they can legally get back on the road.
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The data found on this page is a combination of publicly available quote data obtained directly from the carrier as well as insurance rate data from Quadrant Information Services. These rates were publicly sourced from the top ten (10) to fifteen (15) carrier markets, within each state, based on annual written premium and should be used for comparative purposes only -- your own quotes may be different.