Who Has The Best Car Insurance Rates In Jersey City?

Who Has The Best Car Insurance Rates In Jersey City?

Compare Car Insurance Rates in Jersey City

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We found that the cheapest rates for minimum coverage in Jersey City, N.J., come from State Farm, at just $45 per month. However, Geico has the best rates for full coverage, charging $124 per month on average.

Jersey City's dense population and proximity to New York City increase drivers' risk for accidents, which in turn raises auto insurance rates. The average monthly rate for minimum coverage in New Jersey is $68 per month, but Jersey City residents pay $86 per month — a 26% increase.

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Always get multiple quotes before buying auto insurance. We found that Palisades, the most expensive insurer for minimum coverage, charges Jersey City drivers almost three times more than State Farm for the same coverage.

Cheapest auto insurance in Jersey City: State Farm

State Farm has the cheapest rates for minimum coverage in Jersey City. Residents can pay just $534 annually — $496 cheaper than the city average for minimum coverage, which is $1,030.

Cheapest car insurance companies in Jersey City, New Jersey.

Compare Car Insurance Rates in Jersey City

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Before you purchase a minimum coverage policy, remember that it provides your own car with no protection on the road. Minimum coverage in New Jersey provides limited coverage for damage to the other driver's car, as well as any injuries resulting from the accident. We only recommend minimum coverage to drivers who feel confident that they could pay for all repairs to their own car.

Rank
Company
Annual rate
1State Farm$534
2Geico$607
3Progressive$897
4Travelers$1,012
5NJM$1,086
6Allstate$1,526
7Palisades (Plymouth Rock)$1,545

Cheapest full coverage car insurance in Jersey City: Geico

Geico has the cheapest rates for full coverage in Jersey City, followed by NJM and State Farm. Rates from these three companies are, respectively, 60%, 42% and 40% cheaper than the state average, which is $3,752 annually.

Rank
Company
Annual rate
1Geico$1,489
2NJM$2,182
3State Farm$2,239
4Progressive$2,859
5Palisades$3,963
6Travelers$5,651
7Allstate$7,877

A full coverage policy adds collision and comprehensive coverages to the personal injury protection (PIP) and liability coverages that New Jersey requires.

  • Comprehensive coverage: Pays for nonaccident damage to your car, such as animal or storm damage.
  • Collision coverage: Pays for damage that results from an accident.

Cheap car insurance for drivers with prior incidents

Insurers view you as a higher risk if you have incidents on your driving record and generally raise rates to account for that risk. To provide a sense of how various incidents impact rates in Jersey City, we've identified the cheapest insurers for drivers who have:

Cheapest car insurance in Jersey City after an accident: Geico

The best rates for Jersey City drivers who have caused an accident come from Geico. The city average for drivers with an at-fault accident on their record is $6,043 per year, but Geico charges 66% less, with an annual full coverage policy costing $2,112.

Rank
Company
Annual rate
1Geico$2,112
2NJM$2,182
3State Farm$3,710
4Palisades$4,345
5Progressive$4,438
6Travelers$8,410
7Allstate$18,634

Cheapest car insurance for people with a speeding ticket: Geico

No one likes to see their rates go up, but the good news is that a speeding ticket will cost you less than some other common infractions. Average rates in Jersey City go up by 14%, compared to 61% for a DUI and 67% for an at-fault accident.

Geico has the most affordable full coverage for drivers with a speeding ticket on their record. Full coverage costs $1,489 per year, which is 65% cheaper than the city average of $4,271.

Rank
Company
Annual rate
1Geico$1,489
2State Farm$2,239
3NJM$2,695
4Progressive$3,657
5Palisades$3,963
6Travelers$6,307
7Allstate$9,546

Cheapest car insurance for drivers with a DUI: NJM

NJM has the cheapest auto insurance for drivers who have been caught driving under the influence (DUI), followed by Geico and Progressive. Together, these three insurers charge an average annual premium of $3,022 for full coverage, which is 50% cheaper than the average city rate of $6,043. If you are looking for cheap insurance in Jersey City after a DUI, start your search with these insurers.

Rank
Company
Annual rate
1NJM$2,695
2Geico$3,071
3Progressive$3,301
4Palisades$5,400
5Travelers$7,696
6State Farm$8,877
7Allstate$11,262

Cheapest car insurance for married drivers: Geico

Married drivers pay less for auto insurance in Jersey City than single drivers do. Our analysis found that the average rate for a married driver is $3,607 per year for full coverage, while single drivers pay $3,752 on average.

The most affordable coverage for married drivers again comes from Geico, which charges Jersey City drivers $1,629 per year on average. That's 55% cheaper than the city average.

Rank
Company
Annual rate
1Geico$1,629
2NJM$2,053
3State Farm$2,239
4Progressive$2,489
5Palisades$3,730
6State Farm$5,675
7Allstate$7,435

Cheapest car insurance for young drivers: Geico

Young drivers in Jersey City pay $10,442 per year on average for full coverage — 178% more than what adult drivers pay.

Geico has the best rates for young drivers, charging just $3,317 per year. That's $7,125 less than the city average. NJM and State Farm also have rates lower than the city average, charging $5,966 and $3,035 less, respectively.

Rank
Company
Annual rate
1Geico$3,317
2NJM$4,476
3State Farm$7,407
4Progressive$11,976
5Travelers$12,018
6Allstate$16,636
7Palisades$17,266

To help mitigate insurance costs, young drivers can ask after common auto insurance discounts, such as a good student discount or a student-away-from-home discount.

Best auto insurance companies in Jersey City, New Jersey

ValuePenguin surveyed drivers on how satisfied they were with their most recent claim experience. Of the insurers in this New Jersey study, State Farm, Allstate and Progressive had the highest percentage of policyholders who described themselves as "extremely satisfied" with their most recent claim.

More information about the customer service reputations of various New Jersey auto insurers can be found in our analysis of the best cheap car insurance in New Jersey.

Average car insurance cost in Jersey City, by ZIP code

Auto insurers vary rates not just by what city you live in, but by your ZIP code as well. Neighborhood factors such as crime and population density can increase your risk and thereby increase your rates.

We found that ZIP codes 07304, 07306 and 07307 are charged the highest rates for full coverage in Jersey City, at $3,776 per year on average, while ZIP codes 07302, 07310 and 07311 pay the least, at $3,731 per year on average.

ZIP code
Full coverage annual cost
Minimum coverage annual cost
07302$3,731$1,024
07304$3,776$1,036
07305$3,741$1,026
07306$3,776$1,036
07307$3,776$1,036
07310$3,731$1,024
07311$3,731$1,024

Auto theft statistics in Jersey City

Jersey City is the second-most populous city in the state but experiences the fourth-highest auto crime rates, according to our analysis of 2019 FBI crime data. For every 1,000 residents, 2.5 cars are stolen.

Rank
City
Population
Car thefts
Thefts per 1,000
1Elizabeth128,7537575.9
2Newark281,4221,5415.5
3Paterson144,8664563.1
4Jersey City266,5086702.5
5Clifton85,0211111.3
6Hamilton Township, Mercer County87,0271061.2
7Woodbridge Township100,125991.0
8Edison Township100,282900.9
9Toms River Township93,836420.4
10Lakewood Township105,403370.4

Motor vehicle theft data was pulled from the FBI 2019 New Jersey crime report.

Methodology

For this analysis, ValuePenguin collected auto insurance quotes from seven of the largest insurance companies in New Jersey. Unless otherwise stated, quotes represent the premiums for a 30-year-old man who has full coverage on his 2015 Honda Civic EX.

We used the following limits for this sample driver's full coverage policy:

Coverage type
Study limits
Bodily injury liability$50,000 per person/$100,000 per accident
Personal injury protection$10,000
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

Rate data for this ValuePenguin study came from Quadrant Information Services. Rates were publicly sourced from insurer filings and are intended for comparative purposes only. Your own quotes could 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.