The Cheapest Car Insurance in New Jersey for October 2024
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Nerdy takeaways
Geico offers the cheapest full coverage in New Jersey, with an average rate of $1,093 per year according to NerdWallet's October 2024 analysis.
Full coverage in New Jersey costs an average of $2,297 per year, or $191 per month.
If you want the cheapest policy possible, get minimum coverage. The average cost of minimum coverage in New Jersey is $854 per year, or $71 per month.
Auto insurance is an important purchase, but finding cheap car insurance isn’t always easy. NerdWallet found some of the cheapest car insurance companies in New Jersey to help you compare rates and get a better deal for your coverage.
See what you could save on car insurance
Easily compare personalized rates to see how much switching car insurance could save you.Keep reading to find the cheapest car insurance in New Jersey for different driver profiles and coverage types among:
Looking for the best insurer? Read NerdWallet's roundup of the best car insurance in New Jersey.
Cheap car insurance in New Jersey
Here's the cheapest full coverage car insurance in New Jersey for 35-year-old drivers with different driving records.
| Category | Cheapest company | Median annual rate |
|---|---|---|
| Clean driving history | Geico | $1,093 |
| After a DUI | Geico | $2,233 |
| After an accident | Geico | $1,542 |
| After a speeding ticket | Geico | $1,093 |
| Having poor credit | Geico | $2,423 |
The cheapest car insurance company in New Jersey is Geico at $1,093 per year on average, or $91 per month, according to the most recent NerdWallet analysis of full coverage car insurance rates in New Jersey. Meanwhile, the average cost of full coverage car insurance in New Jersey is $2,297 per year, or about $191 per month.
Minimum coverage in New Jersey is $854 per year on average, but we found you can likely get a cheaper policy. For example, Geico offers the cheapest rates in New Jersey at $384 per year, on average, for minimum coverage car insurance for a 35-year-old driver with a clean driving record.
Did your rates go up? Auto insurance prices are on the rise in New Jersey. Be sure to get car insurance quotes from three or more companies to find the lowest rate possible.
If you’re looking for the cheapest car insurance in your city, NerdWallet also analyzed rates for some of the largest New Jersey cities, including:
How we chose the cheapest companies in New Jersey
NerdWallet’s editorial team analyzed car insurance rates from 16 auto insurers in New Jersey and listed the five cheapest options for drivers in several age brackets and with different histories, all driving a 2021 Toyota Camry LE. For minimum coverage, we looked at rates that reflect the minimum requirements in New Jersey. For full coverage, we used the below coverage limits:
$100,000 bodily injury liability per person.
$300,000 bodily injury liability per accident.
$50,000 property damage liability per accident.
$100,000 uninsured motorist coverage per person.
$300,000 uninsured motorist coverage per accident.
Collision coverage with a $1,000 deductible.
Comprehensive coverage with a $1,000 deductible.
Cheap auto insurance in New Jersey for 20-year-old drivers
Drivers in their 20s may have to get a lot of quotes to find the best cheap car insurance. Prices can be sky-high for younger 20-somethings, but tend to come down as drivers get more experience on the road. Still, some companies routinely have better insurance rates for young drivers, so it's best to shop around to find them.
Cheapest full coverage car insurance in New Jersey for 20-year-olds
Drivers in New Jersey with clean driving records may want to consider the following companies, which had the lowest average rates:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $2,168 | $181 |
| NJM | $3,004 | $250 |
| Travelers | $3,556 | $296 |
| Penn National | $3,596 | $300 |
| Plymouth Rock | $3,932 | $328 |
Cheapest minimum coverage car insurance in New Jersey for 20-year-olds
Drivers in New Jersey who want just the state minimum coverage may want to check with these companies, which had the lowest average rates:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $669 | $56 |
| State Farm | $1,026 | $86 |
| Progressive | $1,080 | $90 |
| Foremost | $1,230 | $103 |
| NJM | $1,317 | $110 |
Cheapest car insurance in New Jersey for 20-year-olds with poor credit
Drivers with poor credit in New Jersey should look at the following insurers with the lowest average rates for minimum coverage:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Foremost | $1,230 | $103 |
| Good2Go | $1,455 | $121 |
| Progressive | $1,484 | $124 |
| Geico | $1,522 | $127 |
| Plymouth Rock | $1,958 | $163 |
Cheapest car insurance in New Jersey for 20-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in New Jersey, here are the companies with the lowest average rates for minimum coverage:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $669 | $56 |
| Progressive | $1,312 | $109 |
| Foremost | $1,535 | $128 |
| NJM | $1,631 | $136 |
| Good2Go | $1,712 | $143 |
Cheapest car insurance in New Jersey for 20-year-old drivers with one at-fault crash
For drivers with a recent accident in New Jersey, here are the companies with the lowest average rates for minimum coverage:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $777 | $65 |
| NJM | $1,317 | $110 |
| Progressive | $1,418 | $118 |
| Foremost | $1,697 | $141 |
| State Farm | $1,731 | $144 |
Cheapest car insurance in New Jersey for 20-year-old drivers after a DUI
The cheapest auto insurance we found after a DUI is shown here, alongside the insurers' average rates for minimum coverage.
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $993 | $83 |
| Progressive | $1,237 | $103 |
| Foremost | $1,272 | $106 |
| NJM | $1,631 | $136 |
| Plymouth Rock | $2,046 | $171 |
See what you could save on car insurance
Easily compare personalized rates to see how much switching car insurance could save you.Cheap auto insurance in New Jersey for 30-year-old drivers
By the time they reach their 30s, most drivers will enjoy cheaper car insurance rates than in their teens and 20s. Still, factors like a person’s driving record and car make and model can increase prices. Drivers in their 30s can get lower rates by shopping around and taking advantage of any car insurance discounts.
Cheapest full coverage car insurance in New Jersey for 30-year-olds
Drivers in New Jersey seeking full coverage auto insurance can check with the following companies, which had the lowest average rates:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $1,113 | $93 |
| Travelers | $1,703 | $142 |
| NJM | $1,809 | $151 |
| Penn National | $1,823 | $152 |
| Selective | $1,905 | $159 |
Cheapest minimum coverage car insurance in New Jersey for 30-year-olds
Drivers in New Jersey who want their state's minimum coverage can check with the following companies, which had the lowest average rates:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $389 | $32 |
| State Farm | $445 | $37 |
| Progressive | $511 | $43 |
| NJM | $739 | $62 |
| Selective | $755 | $63 |
Cheapest car insurance in New Jersey for 30-year-olds with poor credit
Drivers with poor credit in New Jersey should consider the following companies with the lowest average rates for minimum coverage:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Progressive | $670 | $56 |
| Foremost | $787 | $66 |
| Geico | $804 | $67 |
| Good2Go | $819 | $68 |
| Plymouth Rock | $1,141 | $95 |
Cheapest car insurance in New Jersey for 30-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in New Jersey, here are the companies with the lowest average rates for minimum coverage:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $389 | $32 |
| Progressive | $658 | $55 |
| State Farm | $786 | $66 |
| Good2Go | $947 | $79 |
| NJM | $981 | $82 |
Cheapest car insurance in New Jersey for 30-year-old drivers with one at-fault crash
For drivers in New Jersey with a recent accident, here are the lowest average rate options for minimum coverage:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $527 | $44 |
| State Farm | $741 | $62 |
| NJM | $805 | $67 |
| Progressive | $873 | $73 |
| Amica | $1,017 | $85 |
Cheapest car insurance in New Jersey for 30-year-old drivers after a DUI
For the cheapest auto insurance after a DUI, we found the following options for minimum coverage.
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Progressive | $590 | $49 |
| Geico | $740 | $62 |
| Foremost | $837 | $70 |
| NJM | $981 | $82 |
| Plymouth Rock | $1,189 | $99 |
Cheap auto insurance in New Jersey for 40-year-old drivers
Drivers in their 40s tend to have better insurance rates than their younger counterparts on average, but still pay more than older age groups. Shopping around for cheap car insurance quotes with multiple insurers is the best way to find lower rates. Good drivers who don’t get behind the wheel often might want to consider pay-per-mile insurance, which charges drivers by how many miles they drive.
Cheapest full coverage car insurance in New Jersey for 40-year-olds
Drivers in New Jersey with clean driving records may want to think about the following companies, which had the lowest average rates:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $1,063 | $89 |
| Travelers | $1,618 | $135 |
| Penn National | $1,673 | $139 |
| Selective | $1,682 | $140 |
| NJM | $1,704 | $142 |
Cheapest minimum coverage car insurance in New Jersey for 40-year-olds
Drivers in New Jersey who want just the minimum coverage may want to check prices from these companies, which had the lowest average rates:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $382 | $32 |
| State Farm | $448 | $37 |
| Progressive | $473 | $39 |
| NJM | $685 | $57 |
| Selective | $687 | $57 |
Cheapest car insurance in New Jersey for 40-year-olds with poor credit
Drivers with poor credit in New Jersey can check out the following insurers with the lowest average rates for minimum coverage:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Progressive | $616 | $51 |
| Foremost | $783 | $65 |
| Geico | $786 | $66 |
| Good2Go | $819 | $68 |
| Plymouth Rock | $1,107 | $92 |
Cheapest car insurance in New Jersey for 40-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in New Jersey, here are the companies with the lowest average rates for minimum coverage:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $382 | $32 |
| Progressive | $617 | $51 |
| State Farm | $791 | $66 |
| NJM | $904 | $75 |
| Good2Go | $944 | $79 |
Cheapest car insurance in New Jersey for 40-year-old drivers with one at-fault crash
For drivers with a recent accident living in New Jersey, here are the companies with the lowest average rates for minimum coverage:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $516 | $43 |
| NJM | $744 | $62 |
| State Farm | $746 | $62 |
| Progressive | $825 | $69 |
| Amica | $992 | $83 |
Cheapest car insurance in New Jersey for 40-year-old drivers after a DUI
The cheapest minimum coverage auto insurance we found for drivers with a DUI came from the following companies.
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Progressive | $549 | $46 |
| Geico | $729 | $61 |
| Foremost | $829 | $69 |
| NJM | $904 | $75 |
| Plymouth Rock | $1,153 | $96 |
Cheap auto insurance in New Jersey for 50-year-old drivers
Drivers in their 50s have cheaper car insurance rates than most other age groups on average. Prices will continue to drop as they inch toward their 60s and gain more driving experience. Rates can still vary depending on other factors such as a driver’s gender and location, so it’s smart to shop around to find the best rate. Our list of cheap auto insurance companies is a good place to start.
Cheapest full coverage car insurance in New Jersey for 50-year-olds
Drivers in New Jersey with clean driving records may want to get quotes from these insurers, which had the lowest average rates:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $1,000 | $83 |
| Selective | $1,536 | $128 |
| Penn National | $1,558 | $130 |
| Travelers | $1,569 | $131 |
| NJM | $1,594 | $133 |
Cheapest minimum coverage car insurance in New Jersey for 50-year-olds
Drivers in New Jersey who opt for the state minimum coverage may want to consider the following companies, with the lowest average rates:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $358 | $30 |
| State Farm | $438 | $37 |
| Progressive | $450 | $38 |
| Selective | $625 | $52 |
| NJM | $639 | $53 |
Cheapest car insurance in New Jersey for 50-year-olds with poor credit
Drivers with poor credit in New Jersey can check with the following companies, which showed the lowest average rates for minimum coverage:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Progressive | $585 | $49 |
| Geico | $727 | $61 |
| Foremost | $755 | $63 |
| Good2Go | $807 | $67 |
| Plymouth Rock | $1,122 | $94 |
Cheapest car insurance in New Jersey for 50-year-old drivers with one speeding ticket
For drivers with a recent speeding ticket in New Jersey, here are the companies with the lowest average rates for minimum coverage:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $358 | $30 |
| Progressive | $603 | $50 |
| State Farm | $774 | $65 |
| NJM | $839 | $70 |
| Good2Go | $933 | $78 |
Cheapest car insurance in New Jersey for 50-year-old drivers with one at-fault crash
For drivers living in New Jersey with a recent accident, here are the insurers with the lowest average minimum coverage rates:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $505 | $42 |
| NJM | $693 | $58 |
| State Farm | $729 | $61 |
| Progressive | $824 | $69 |
| Amica | $933 | $78 |
Cheapest car insurance in New Jersey for 50-year-old drivers after a DUI
The cheapest auto insurance we found for drivers with a recent DUI comes from the following companies, listed with rates for minimum coverage.
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Progressive | $532 | $44 |
| Geico | $731 | $61 |
| Foremost | $801 | $67 |
| NJM | $839 | $70 |
| Plymouth Rock | $1,167 | $97 |
See what you could save on car insurance
Easily compare personalized rates to see how much switching car insurance could save you.Cheap auto insurance in New Jersey for 60-year-old drivers
Although 60-year-olds have cheaper car insurance rates than many other age groups on average, prices will start increasing as they get older. To find cheap car insurance for seniors, drivers in their 60s should make sure to shop around to find the best rate. Drivers in this age group should also take advantage of any available discounts for senior citizens.
Cheapest full coverage car insurance in New Jersey for 60-year-olds
Drivers in New Jersey with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $1,015 | $85 |
| Selective | $1,467 | $122 |
| NJM | $1,485 | $124 |
| Travelers | $1,540 | $128 |
| Penn National | $1,554 | $130 |
Cheapest minimum coverage car insurance in New Jersey for 60-year-olds
Drivers in New Jersey who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates: