Find the Cheapest Motorcycle Insurance Quotes in Your Area
In the past three years, there were 201 fatal motorcycle accidents in New Jersey. However, some areas of the state were more prone to these accidents than others, with the city of Newark and the Garden State Parkway ranking as areas with the most fatal motorcycle accidents. Those in less serious motorcycle accidents in New Jersey could face increased insurance rates of 150%; however, there are some steps that can be taken to reduce rates.
New Jersey Cities with the Most Fatal Motorcycle Accidents
Newark ranked as the city with the most fatal motorcycle accidents in New Jersey in recent years. During the time span of 2015 to 2017, there were eight fatal motorcycle accidents in this city. During this same stretch, nearby Union City registered only one similar accident.
City or Town
|2015-2017 Fatal Crashes||2015-2017 Fatalities|
|Egg Harbor City||1||1|
|Point Pleasant Beach||1||1|
New Jersey Roads with the Most Fatal Motorcycle Accidents
We found the Garden State Parkway to have by far the most fatal motorcycle accidents of any road in New Jersey. From 2015 to 2017, there were nine deaths that resulted from fatal motorcycle accidents on the Garden State Parkway—four more than there were on Route 1, which had the second most.
|Road||2015-2017 Fatal Crashes||2015-2017 Fatalities|
|213 Ridge Road||1||1|
|Berrys Creek Road||1||1|
|College Road West||1||1|
|Maxim Southard Road||1||1|
|North Fifth St.||1||1|
|New Albany Road||1||1|
|North Fire Lane||1||1|
|South Fourth St.||1||1|
|Union Mill Road||1||1|
|West Fourth Street||1||1|
|West Front Street||1||1|
|West Jersey Avenue||1||1|
|West Main Street||1||1|
How Motorcycle Accidents Affect Insurance Rates in New Jersey
If you have been in a recent accident where you have been considered at fault, your motorcycle insurance rates could go up by around 150%. We analyzed sample premiums for a New Jersey rider and saw their motorcycle insurance rates increase from $1,913 to $4,751 per year after they had a recent motorcycle accident. Additionally, the more accidents you are in, the more you can expect your rates to increase.
After you have been in an accident where you are proven to be at fault, insurers assume that you are statistically more likely to be in future accidents. Insurers set higher rates for riders who companies assume will have them paying out more frequent or higher insurance claims. And motorcycle riders with previous accidents on their record are statistically more like to be in future accidents and are therefore charged more by insurance companies.
Reducing Insurance Rates After a Motorcycle Accident in New Jersey
There are several steps that riders who have been in previous accidents can take to lower motorcycle insurance costs, such as increasing your deductible for comprehensive and collision insurance and shopping around for motorcycle insurance.
Increasing Your Deductibles
Increasing your deductible can result in significant savings on your motorcycle insurance premiums. According to our research, increasing your deductible from $500 to $1,000 for your comprehensive and collision insurance—which covers repairs and replacement if your bike is damaged or stolen—could save you 18% in annual costs. Additionally, you could consider dropping collision and comprehensive coverage altogether if your motorcycle is worth less than a few thousand dollars.
Shopping Around for Motorcycle Insurance Quotes
The best way to get the cheapest motorcycle insurance rates after an accident is to shop around for insurance policies to ensure you are getting the lowest rates. Insurers usually rate factors, such as prior accidents, differently, and the best way to find the company that offers the cheapest rates to riders who have been in previous accidents is to compare a number of quotes.
For example, in New Jersey, we found that Progressive offered much cheaper motorcycle insurance for riders who have been in an accident—and for riders who have been in no accidents as well—than GEICO, its main competitor in the area. On average, riders who have been in at least one at-fault incident can save nearly $12,000 per year on auto insurance by choosing Progressive over GEICO, according to our research.