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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Tthe cheapest rates for minimum coverage in Jersey City, N.J., come from Geico, at just $48 per month. The company also offers the best rates for full coverage, charging $106 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 $82, but Jersey City residents pay $107 per month — a 31% increase.

Always get multiple quotes before buying auto insurance. Allstate, the most expensive insurer for minimum coverage, charges Jersey City drivers more than three times more than Geico for the same coverage.

Cheapest auto insurance in Jersey City: Geico

Geico has the cheapest rates for minimum coverage in Jersey City. Residents who choose Geico pay $570 annually — $714 cheaper than the city average for minimum coverage, which is $1,284.

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 offers limited coverage for damage to another driver's car, as well as any injuries resulting from an accident. We only recommend minimum coverage to drivers who feel confident that they could pay for all repairs to their own car.

Company
Annual rate
Monthly rate
Geico$570$48
NJM$950$79
Plymouth Rock$1,026$86
State Farm$1,425$119
Progressive$1,486$124
Travelers$1,735$145
Allstate$1,798$150

Cheapest full-coverage car insurance in Jersey City: Geico

Geicohas the cheapest rates for full coverage in Jersey City, followed by Plymouth Rock and NJM. Rates from these three companies are, respectively, 50%, 27% and 23% cheaper than the state average, which is $2,536 annually.

Company
Annual rate
Monthly rate
Geico$1,268$106
Plymouth Rock$1,860$155
NJM$1,946$162
State Farm$2,242$187
Progressive$2,463$205
Allstate$3,901$325
Travelers$4,074$340

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

  • Collision coverage: pays for damage to your car that results from an accident.
  • Comprehensive coverage: pays for damage to your car that is not due to an accident, such as animal or storm damage.

Cheapest car insurance for drivers with prior incidents

Insurers may view you as a higher risk if you have incidents on your driving record, and they generally raise rates to account for that risk. To provide a sense of how various incidents impact rates in Jersey City, we 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 $4,316 per year, but Geico charges 59% less, with a full-coverage policy costing $1,783 a year.

Company
Annual rate
Monthly rate
Geico$1,783$149
NJM$1,946$162
Plymouth Rock$2,863$239
State Farm$3,705$309
Progressive$4,051$338
Travelers$6,627$552
Allstate$9,234$770

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 16%, compared to 44% for a DUI and 70% for an at-fault accident.

Geico has the most affordable full-coverage car insurance for drivers with a speeding ticket on their record. The company charges $1,268 per year, which is 57% cheaper than the city average of $2,953.

Company
Annual rate
Monthly rate
Geico$1,268$106
Plymouth Rock$1,860$155
State Farm$2,242$187
NJM$2,392$199
Progressive$3,310$276
Allstate$4,732$394
Travelers$4,867$406

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 Plymouth Rock and Geico. Together, these three insurers charge an average annual premium of $2,466 for full coverage, which is 32% cheaper than the average city rate of $3,653. If you are looking for cheap insurance in Jersey City after a DUI, start your search with these insurers.

Company
Annual rate
Monthly rate
NJM$2,392$199
Plymouth Rock$2,429$202
Geico$2,576$215
Progressive$2,975$248
Allstate$5,592$466
Travelers$5,952$496

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 $2,457 per year for full coverage, while single drivers pay $2,536 on average.

The most affordable coverage for married drivers comes from Geico, which charges Jersey City drivers $1,388 per year on average. That's 44% cheaper than the city average.

Company
Annual rate
Monthly rate
Geico$1,388$116
Plymouth Rock$1,836$153
NJM$1,838$153
Progressive$2,149$179
State Farm$2,242$187
Allstate$3,667$306
Travelers$4,080$340

Cheapest car insurance for young drivers: Geico

Young drivers in Jersey City pay $7,414 per year on average for full coverage — 192% more than what adult drivers pay.

Geico has the best rates for young drivers, charging $2,772 per year. That's $2,504 less than the city average. NJM and Plymouth Rock also have rates lower than the city average, charging $4,057 and $7,287, respectively.

Company
Liability only
Full coverage
Geico$1,105$2,772
NJM$2,003$4,057
Travelers$3,249$7,613
Allstate$3,978$11,371
Plymouth Rock$4,120$7,287
State Farm$4,461$6,803
Progressive$6,345$11,997

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

Best auto insurance companies in Jersey City

NJM and Geico are the highest-rated car insurance companies in Jersey City.

Both companies scored well in the ValuePenguin editor's ratings, which track customer service, low rates and coverage options. NJM is also the top-ranked company in the state, according to J.D. Power's annual customer satisfaction survey.

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

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 charge different rates not just based on which city you live in, but by your ZIP code as well. Neighborhood factors such as crime and population density can increase your risk of filing a claim — and thereby raise your rates.

ZIP codes 07304, 07306 and 07307 pay the highest rates for full coverage in Jersey City, at $2,559 per year on average, while ZIP codes 07302, 07310 and 07311 pay the least, $2,515.

ZIP code
Average annual cost
Percent from average
07302$2,515-1%
07304$2,5591%
07305$2,5310%
07306$2,5591%
07307$2,5591%
07310$2,515-1%
07311$2,515-1%

Auto theft statistics in Jersey City

Jersey City is the second-most populous city in the state, and it has the fourth-highest auto theft rate, according to 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 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 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.