Who Has the Cheapest Car Insurance Quotes in New Jersey?

Who Has the Cheapest Car Insurance Quotes in New Jersey?

We reviewed all of the top auto insurance companies in New Jersey and found that State Farm has the best rates for drivers with a minimum coverage rate of $427,

Currently insured?
It's free, simple and secure.
{"eventCategory":"Visual TOC Item","eventLabel":"Cheapest for minimum liability","cloudinaryImageName":"referral_logos\/us\/insurance\/statefarm-2","link":"#cheapest-companies","linkText":"Cheapest for minimum liability"}
{"eventCategory":"Visual TOC Item","eventLabel":"Cheapest for full coverage","cloudinaryImageName":"referral_logos\/us\/insurance\/geico-5","link":"#full-coverage","linkText":"Cheapest for full coverage"}
{"eventCategory":"Visual TOC Item","eventLabel":"Cheapest for prior incidents","cloudinaryImageName":"referral_logos\/us\/insurance\/plymouthrock-2","link":"#incidents","linkText":"Cheapest for prior incidents"}
{"eventCategory":"Visual TOC Item","eventLabel":"Best company overall","cloudinaryImageName":"referral_logos\/us\/insurance\/njm-3","link":"#best","linkText":"Best company overall"}

Cheapest car insurance companies in New Jersey

The cheapest minimum coverage car insurance quotes in New Jersey are offered by State Farm, which charges an average of $427 per year. State Farm's policies cost 50% less than the statewide average for minimum coverage.

Alternatively, drivers may find cheap car insurance in New Jersey from Geico. It has an average car insurance rate of $476 per year, or about $40 per month.

Cheapest car insurance companies in New Jersey

Find Cheap Auto Insurance Quotes in New Jersey

Currently insured?

The average cost of minimum coverage car insurance in New Jersey is $846 per year, or $70 per month.

Company
Annual rate
Monthly rate
State Farm$427$36
Geico$476$40
Plymouth Rock$724$60
NJM$854$71
Progressive$990$82
Allstate$1,104$92
Travelers$1,346$112

Minimum coverage auto insurance policies meet New Jersey's minimum state legal requirements. Unlike full coverage policies, minimum coverage doesn't include comprehensive and collision insurance. Although minimum coverage costs less, you might not have enough protection after an accident because you have less liability coverage and you skip comprehensive and collision coverage.

Cheapest full coverage auto insurance in New Jersey: Geico

The cheapest full coverage auto insurance company in New Jersey is Geico, where coverage costs an average of $1,134 per year — or $94 per month. Alternatively, drivers can find cheap coverage from Plymouth Rock, which also offers coverage for less than $1,500 per year.

The average cost of full coverage in New Jersey is $1,828 per year, or $152 per month — more than twice as expensive as a liability-only policy.

Company
Annual rate
Monthly rate
Geico$1,134$94
Plymouth Rock$1,332$111
State Farm$1,558$130
NJM$1,769$147
Progressive$1,909$159
Travelers$2,531$211
Allstate$2,562$213

Comprehensive and collision coverages are included in full coverage policies and reimburse damage to your car after most accidents, thefts, natural disasters and vandalism.

Cheap car insurance for drivers with prior incidents

The cost of car insurance in New Jersey will typically increase for drivers after a driving incident. Drivers who have been in an at-fault accident or who have received a citation for speeding or after a DUI will likely see higher rates than those who haven't.

{"eventCategory":"Visual TOC Item","eventLabel":"Cheapest after a ticket","cloudinaryImageName":"referral_logos\/us\/insurance\/geico-5","link":"#speeding","linkText":"Cheapest after a ticket"}
{"eventCategory":"Visual TOC Item","eventLabel":"Cheapest after an accident","cloudinaryImageName":"referral_logos\/us\/insurance\/plymouthrock-2","link":"#accident","linkText":"Cheapest after an accident"}
{"eventCategory":"Visual TOC Item","eventLabel":"Cheapest after a DUI","cloudinaryImageName":"referral_logos\/us\/insurance\/njm-3","link":"#dui","linkText":"Cheapest after a DUI"}

Find Cheap Auto Insurance Quotes in New Jersey

Currently insured?

Cheapest car insurance after an accident: Plymouth Rock

New Jersey drivers with an accident on their driving record may still be able to find cheap full coverage car insurance quotes at Plymouth Rock, where the average price is $1,438 — 50% cheaper than average. Notably, NJM is the only insurer not to raise its premiums after one 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 57% more after an at-fault accident.

Company
Annual rate
Monthly rate
Plymouth Rock$1,438$120
Geico$1,586$132
NJM$1,769$147
State Farm$2,543$212
Progressive$2,900$242
Travelers$3,913$326
Allstate$5,986$499

Cheapest for people with a speeding ticket: Geico

New Jersey drivers who have one speeding ticket on their record may be able to find the cheapest full coverage car insurance quotes with Geico, which offers coverage for $1,134 per year — the same price you'd pay if you hadn't gotten a speeding ticket.

Plymouth Rock also keeps the same rates after a first speeding ticket. Its average price is $1,332 per year — $198 more annually than Geico.

Receiving a speeding ticket can raise the cost of car insurance by about 15% on average, while being involved in an accident raises the cost by 57% on average.

Company
Annual rate
Monthly rate
Geico$1,134$94
Plymouth Rock$1,332$111
State Farm$1,558$130
NJM$2,171$181
Progressive$2,420$202
Travelers$3,034$253
Allstate$3,102$258

Cheapest car insurance after a DUI: NJM

Drivers who have been cited for a DUI can still find cheap car insurance in New Jersey from NJM. Car insurance from NJM costs $2,171 — 21% less than the average after a driver gets a DUI.

After a DUI, the cost of car insurance in New Jersey can sharply increase to $2,736 per year for full coverage. That's a $908 jump from the rate for a driver with a clean record.

Company
Annual rate
Monthly rate
NJM$2,171$181
Progressive$2,199$183
Geico$2,282$190
Plymouth Rock$2,459$205
Travelers$3,630$302
Allstate$3,676$306

Cheapest car insurance for married drivers: Geico

In New Jersey, Geico remains the cheapest option for married drivers, even though the insurer actually raises its rates for married individuals — likely to encourage bundling. In the state overall, the cost of full coverage auto insurance is $37 cheaper for married drivers than unmarried drivers.

It's common for insurers to offer slightly cheaper rates to married drivers.

Company
Annual rate
Monthly rate
Geico$1,235$103
Plymouth Rock$1,450$121
State Farm$1,558$130
NJM$1,674$139
Progressive$1,675$140
Allstate$2,406$201
Travelers$2,537$211

Cheapest car insurance for young drivers: Geico

18-year-old drivers in New Jersey should consider coverage with Geico, which offers minimum coverage for $947 per year — 60% cheaper than average. The insurer is also the cheapest option for full coverage, with an annual premium of $2,453 per year.

In New Jersey, the average cost of minimum covergae car insurance for young drivers in New Jersey is $2,377, nearly three times as much as for an older driver.

For full coverage, the average cost of coverage is $6,219 per year — 240% more than for an 30-year old driver.

Company
Liability only
Full coverage
Geico$947$2,453
State Farm$1,320$4,615
NJM$1,760$3,605
Allstate$2,310$8,013
Travelers$2,589$5,376
Progressive$3,419$8,791
Plymouth Rock$4,298$10,682

If possible, a young driver should try to stay on their parents' policy. The cost of adding an 18-year-old driver to an existing policy is much more affordable than the cost of a stand-alone policy.

Cheapest car insurance for young drivers after an accident: Geico

The cheapest car insurance for young drivers with one prior at-fault accident comes from Geico, which offers coverage for 70% less than average. Along with Geico, NJM is the only other insurer to quote less than $2,000 for minimum coverage.

Company
Annual rate
Monthly rate
Geico$1,082$90
NJM$1,760$147
State Farm$2,205$184
Travelers$4,146$345
Progressive$4,181$348
Allstate$5,477$456
Plymouth Rock$6,781$565

Cheapest car insurance for young drivers with a speeding ticket: Geico

Geico offers the cheapest car insurance for young drivers after they receive a speeding ticket. The insurer charges an average rate of $947 per year for minimum coverage, which is 64% cheaper than the statewide average. Notably, Geico doesn't change its rates for young drivers after they receive a ticket for speeding.

Company
Annual rate
Monthly rate
Geico$947$79
State Farm$1,320$110
NJM$2,207$184
Allstate$2,854$238
Travelers$3,113$259
Progressive$3,804$317
Plymouth Rock$4,298$358

Best car insurance companies in New Jersey

NJM is the best car insurance company overall in New Jersey thanks to a combination of low rates, dependable service and useful coverage options. It received a perfect score of 5/5 stars from our editors.

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 its competitive 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.

Company
Editor's rating
J.D. Power
AM Best
NJM
867A+
State Farm
852A++
Geico
835A++
Travelers
836A++
Progressive
834A+
Allstate
830A+
Plymouth Rock
827A-

New Jersey auto insurance coverage requirements

New Jersey drivers have the option of choosing between two types of policies: standard or basic. Uninsured/underinsured motorist coverage is available under a standard policy but not a basic policy. Additionally, some basic policies do not include the option for comprehensive and collision insurance, though availability differs by insurers.

Coverage
Minimum requirements
Bodily injury liability$15,000 per person/$30,000 per accident
Property damage liability$5,000 per accident
Personal injury protection (PIP)$15,000

With minimum coverage or a basic plan, drivers can reduce the cost of their policies. However, full coverage auto insurance may be more appropriate for some drivers.

We recommend New Jersey drivers consider higher liability limits than they need for the state's minimum coverage laws, as well as comprehensive and collision coverage. Minimum coverage plans may not be enough to fully cover the cost of damage in an expensive accident.

Limited vs. unlimited right to sue for noneconomic losses

There's a unique feature to New Jersey's car insurance regulations that gives you the choice of a limited or unlimited right to sue for noneconomic losses after a car crash, which means the ability to sue for pain and suffering.

  • Picking a limited right to sue (basic policies) usually means paying lower premiums.
  • An unlimited right to sue (standard policies) can cost about 30% more than the limited option.

What are noneconomic losses?

Noneconomic losses are typically referred to as "pain and suffering" losses that are more subjective (e.g., loss of companionship/pleasure in life). This is different from suing for quantifiable damages, such as income loss from missing work or medical payments to cover your hospital bills.

What's the difference between a limited and unlimited right to sue?

A limited right to sue means you agree beforehand not to sue for pain and suffering. You can only sue for pain and suffering if your injury results in the loss of a limb, major disfigurement or scarring, a displaced fracture, the loss of a fetus, permanent injury to a body part or organ such that it can't heal normally, or death.

You can still sue for economic losses, but you have to pick between a limited right to sue or an unlimited right to sue for noneconomic losses.

Average cost of car insurance in New Jersey by city

The most expensive cities in New Jersey for car insurance are Newark and Irvington, with an average price of $2,782 per year for full coverage. One of the cheapest cities is Bay Head, at $1,600 per year — $1,182 less.

The average cost of full coverage car insurance in New Jersey is $1,828 per year, or $152 per month. However, your location plays a major part in determining auto insurance rates, which is why we recommend that New Jersey drivers compare quotes online from multiple insurance companies in their area.

City
Average annual cost
Percentage difference from average
Absecon$2,01810%
Adelphia$1,815-1%
Allendale$1,719-6%
Allenhurst$1,780-3%
Allentown$1,655-9%
Show All Rows

Recap of the cheapest auto insurance in New Jersey

  • Minimum coverage: State Farm
  • Full coverage: Geico
  • After a speeding ticket: Geico
  • After an at-fault accident: Plymouth Rock
  • After a DUI: NJM
  • Married drivers: Geico
  • Young drivers: Geico
  • Young drivers after a ticket: Geico
  • Young drivers after an accident: Geico

Frequently asked questions

What is the average cost of car insurance in New Jersey?

The average cost of auto insurance in New Jersey is $846 per year, or $70 per month, for a minimum coverage policy. The average cost for a full coverage policy is $152 per month.

Which company offers the cheapest auto insurance in New Jersey for young drivers?

Geico offers the cheapest auto insurance in New Jersey for young drivers at $947 per year for a minimum coverage policy.

How much car insurance do I need in New Jersey?

For a typical car insurance policy, you are required to have at least $15,000 per person and $30,000 per accident of bodily injury liability coverage

Methodology

We collected thousands of rates from ZIP codes across New Jersey for the largest insurers in the state. We used a sample driver with the following profile:

  • 30-year-old man
  • Drives a 2015 Honda Civic EX

The base policy for the study was a full coverage policy with the following limits:

Coverage type
Study limits
Bodily injury liability$50,000 per person/$100,000 per accident
Personal injury protection$15,000
Property damage liability$25,000 per accident
Uninsured/underinsured motorist bodily injury$50,000 per person/$100,000 per accident
Comprehensive and collision$500 deductible

For our minimum coverage policy, we received quotes for a policy with the minimum required limits in New Jersey. We used minimum coverage rates for our young driver quotes, except where noted.

For other rates analyses (such as accident history and marital status), the base policy listed above was altered to reflect the new driver.

ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes may be different.

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.