How Much Does Car Insurance Cost In New Jersey?

On average, drivers pay $267 per month for car insurance in New Jersey, according to 2021 rates.

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Average Cost of Car Insurance in New Jersey

New Jersey's roads pass through picturesque forests in the Atlantic Coastal Plain, rolling hills in the northeast, and flat-topped rock ridges in the Highlands. But the beauty of the Garden State gets overshadowed by the hustle and bustle of city life.

Most of the 8.9 million people in New Jersey live in a metro area sandwiched between New York to the north and Philadelphia to the south. The commotion, congestion, and car-clogged city streets mean there's more than enough traffic to go around. Maybe that's why New Jersey has the 14th most expensive state for car insurance in the U.S.

0.1%2.3%15.9%50%84.1%97.7%99.9%Average cost: $26750%

Insurify's comparison tool will help you make sure you're getting the best possible quote based on your needs and location. You can have peace of mind you're not paying any more than the average price in your state, and customers save $48 per month on average.

What Is the Average Cost of Car Insurance in New Jersey by Age?

At $540 per month, car insurance is prohibitively expensive on average for New Jersey teens. Young adults have more experience behind the wheel and therefore see an over $200 drop in average monthly rates. It's not until drivers reach their 30s that we see their average costs slide under the average monthly cost for all New Jersey drivers.

Drivers in their 80s see the lowest rates at $166, which is less than a third of what teens shell out. Seven decades' worth of driving experience pays dividends.

AgeAvg. Monthly Rate
Teens$540
20s$326
30s$247
40s$252
50s$235
60s$199
70s$168
>80s$168

What Is the Average Cost of Car Insurance in New Jersey by Gender?

In New Jersey, men pay an average of $5 more per month than women. This difference in average costs can be attributed to the fact that women tend to be slightly safer drivers.

GenderAvg. Monthly Rate
Male$269
Female$264

Does Marital Status Influence the Average Cost of Car Insurance in New Jersey?

In New Jersey, leaping from singlehood to marriage could save you $540 per year. That’s because married drivers are considered less risky to insure, and therefore pay an average of $45 less per month than their single counterparts.

Marital StatusAvg. Monthly Rate
Married$236
Single$281

What Are the Minimum Car Insurance Requirements in New Jersey?

New Jersey is a no-fault state, which means drivers file with their own insurance company after an accident. State law states basic policies must have $15,000 in bodily injury liability per person and $30,000 per accident, and $5,000 in property damage liability per accident. Both basic and standard policies require $15,000 in personal injury protection (PIP) per person per accident. You'll also need comprehensive and collision coverage to protect your car.

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How Does Credit History Affect New Jersey Car Insurance Rates?

New Jersey, along with most states, lets insurance companies use credit as part of the equation when setting rates. The public may argue that their credit has nothing to do with driving, but insurers would argue their statistics reveal otherwise.

Credit is so important in New Jersey that you could end up paying over $100 a month more if you have poor credit. Going from good to excellent credit saves your over $50. What's excellent credit? A credit score of 800 or more.

Credit HistoryAvg. Monthly Rate
Poor$307
Average$281
Good$255
Excellent$198

What Is the Average Cost of Car Insurance in New Jersey for High-Risk Drivers?

"Safety first" is not just a mantra that saves lives. It also saves money. Common sense tells us that the safest drivers will pay the least, and safe drivers qualify for "good driver" and "accident-free" discounts. But what if your record is less than perfect?

Drivers with a speeding ticket in New Jersey will pay $2 more per month on average—plus fines. Drivers with an at-fault accident on their insurance record should expect to see monthly rates increase by around $27. Accidents happen, but driving safely and keeping a clean record are the best ways to avoid rate hikes. Remember, violations and accidents will stay on your insurance history for years to come. Still, you can still take a defensive driver course to reduce your monthly payment.

Driving HistoryAvg. Monthly Rate
No Violation$254
At-Fault Accident$281
Speeding$255

Tips for Researching New Jersey Car Insurance Rates

New Jersey's insurance prices and policies vary based on location, company, and driver. The Garden State projects its population will continue to grow for the next decade. More people equals more traffic, but hopefully not higher costs for car insurance.

Living in a state in the top 15 for monthly car insurance costs means every strategy to save helps. Try Insurify’s comparison tool to get 10+ real quotes and unlock savings and discounts. In less than two minutes, find the coverage you deserve at a price you can afford.

FAQs - New Jersey Car Insurance

Why is car insurance so expensive in New Jersey?

There are many different factors that go into the how expensive your car insurance is. That said, some of the reasons why you could be paying so much for your insurance include: living in a state with high minimum insurance requirements, being a young or new driver, committing past traffic offenses like at-fault accidents or DUIs, and having a low credit score.

Do car insurance rates vary by county in New Jersey?

Auto insurance costs will vary between locations and insurance carriers, depending on the county New Jersey. Insurify analyzed the latest data for the five most populous cities in New Jersey to find you the cheapest quotes in each of these metropolitan areas.

Which providers have the best auto insurance ratings in New Jersey?

'The way to find the carrier with the best auto insurance ratings in New Jersey and save on your insurance premiums is to compare quotes from all companies in your area. Use a car insurance quotes comparison site like Insurify to compare up to 10+ real quotes for your specific driver profile and unlock savings and discounts. Rates can fluctuate greatly based on whether you''re a safe driver or a high risk one, but you should never overpay. Insurify provides the cheapest car insurance quotes and companies in your area in just a few seconds.'

How much do annual auto insurance rates increase in New Jersey?

During the past three years in the United States, national premium costs have risen an average of 4.5 percent annually. In states where quotes have risen, this figure has been 7.8 percent; and in those where rates have fallen, prices have decreased by approximately 6.0 percent. Individual rates by state will of course vary depending on the driver’s history and a multitude of factors.