For drivers with bad credit in New Jersey, it's important that you evaluate all of your potential insurance options to ensure you are finding the best rate. Comparing the right insurance companies will allow you to get the best possible insurance rate for drivers with bad credit.
To simplify comparing companies, Insurify has analyzed rates from top insurance providers in New Jersey. The following are the best insurance rates from carriers that offer car insurance for drivers with bad credit in New Jersey.
New Jersey has a little bit of everything and is much more than extensive turnpikes and parties on the Jersey Shore. With a thriving economy and New York City close by, New Jersey residents have places to be. But if a driver in this state has bad credit, should they expect to pay more for car insurance?
New Jersey is one of many states that take your credit history into account when determining your car insurance rates. This isn't the only factor that comes into play—driving history, age, and other characteristics factor in as well. But if a car insurance company worries about your credit history, they may offer you higher rates.
Insurify's comparison tool will help you make sure you're getting the best possible quote even with a bad credit rating. You can have peace of mind you're not paying any more than need to, and customers save $48 per month on average.
Drivers with bad credit in New Jersey pay about 19 percent more for car insurance than drivers with good credit. This comes out to over $550 per year added to your car insurance bill.
New Jersey's average car insurance rates are generally in the middle of the pack compared to the rest of the country. So while adding $46 per month to your car insurance rate is far from ideal, you'll still be paying a rate that's more reasonable than in many other states.
In New Jersey, car insurance companies can take a look at your credit score before determining your car insurance rate. So if you're shopping for car insurance in New Jersey, you should be prepared to undergo a credit check.
But even if your credit score isn't perfect, you have options. Cure Auto Insurance in New Jersey is a popular regional option that sells insurance without credit checks. Or you could seek out car insurance from a major national carrier like GEICO that's been known to offer reasonable rates to drivers with bad credit.
In New Jersey, your credit score can make a massive impact on your car insurance rates. Those with excellent credit pay the lowest average ($194 per month), while those with poor credit pay $90 more on average, at $284 per month.
While New Jersey residents with bad credit are probably used to paying high premiums, can your city of residence make an impact on your rate? The short answer: somewhat. Those in the state capital of Trenton pay $319, which is almost $50 less than the average rates in Newark, Jersey City, and Irvington.
Insurance prices and policies can vary significantly between companies, and a state like New Jersey draws a wide variety of choices when factoring insurance rates for drivers with bad credit.
Insurify's rate 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 you need to, and customers save $585 per year on average.
Use Insurify for all of your car insurance comparison needs! Compare and connect directly with the top insurance companies to find the best rates as well as the most personalized discounts and coverage options.
Insurify’s network includes over 200 insurance companies throughout the U.S. who can work with you to get you the right auto insurance policy at the cheapest price.
The car insurance quotes, statistics, and data visualizations on this page are derived from Insurify’s proprietary database of over 4 million car insurance applications from ZIP codes across the United States. Insurify’s data science team performs a comprehensive analysis of the various factors car insurance providers take into account while setting rates to provide readers insight into how car insurance quotes are priced.