Best Cheap Auto Insurance In Lawrenceville, Nj

Car insurance is a necessity if you drive in New Jersey, but it can be expensive. The average cost of car insurance in the state is $1,706 per year, which is more than the national average of $1,543. The good news is that there are ways to save money on car insurance in New Jersey. Here are some tips to help you find the cheapest car insurance rates:

- Shop around and compare quotes from multiple insurance companies.

- Maintain a clean driving record. Accidents and traffic violations can increase your insurance premiums.

- Improve your credit score. Insurance companies view drivers with good credit as less risky and charge them lower rates.

- Choose a higher deductible. A higher deductible can lower your insurance premiums, but make sure you can afford to pay the deductible if you need to file a claim.

- Look for discounts. Many insurance companies offer discounts for things like bundling policies, being a safe driver, or having a good student.

- Consider the type of car you drive. Some vehicles are more expensive to insure than others due to factors like the cost of repairs or the risk of theft.

- Review your coverage regularly. Your insurance needs may change over time, so it's important to make sure you have the right coverage for your situation.

Cheapest car insurance for young drivers in New Jersey

Young drivers in New Jersey can expect to pay more for car insurance than older drivers. This is because insurance companies view younger, less experienced drivers as a higher risk. However, there are still ways to find cheap car insurance for young drivers in the state.

According to MarketWatch, the cheapest car insurance in New Jersey for young drivers is offered by Geico, with average rates of $320 per month for full coverage. The next cheapest providers for young drivers are:

• NJM: $352 per month
• State Farm: $445 per month
• Travelers: $420 per month
• Selective Insurance: $384 per month

Factors Affecting Car Insurance Premiums for Young Drivers in New Jersey

There are several factors that affect car insurance premiums for young drivers in New Jersey, including:

• Driver age: Younger drivers tend to pay more for car insurance than older drivers.
• Driving record: A clean driving record can help lower insurance premiums.
• Credit score: A good credit score can lead to lower insurance rates.
• Coverage selections: Opting for higher coverage limits and additional coverages will increase the cost of insurance.
• Vehicle make and model: Certain vehicles may be more expensive to insure due to higher repair costs or a higher risk of theft.

Tips for Saving Money on Car Insurance for Young Drivers in New Jersey

• Shop around and compare quotes from multiple insurance companies.
• Look for insurance companies that offer discounts for young drivers, such as good student discounts or safe driver programs.
• Consider bundling your auto insurance with other policies, such as renters insurance.
• Choose a higher deductible to lower your premium, but make sure you can afford the deductible in the event of a claim.
• Maintain a clean driving record and avoid accidents and traffic violations.

Cheapest car insurance for drivers with a ticket in New Jersey

If you're looking for the cheapest car insurance in New Jersey for drivers with a ticket, then you have a few options. According to various sources, GEICO, Selective Insurance, and NJM offer the lowest rates for drivers with a speeding ticket on their record.

GEICO

GEICO is the cheapest option for drivers with a clean driving record, with an average annual premium of $1,163. For drivers with a speeding ticket, the average annual premium is $1,656. GEICO also offers a wide range of discounts, including a 5% discount for taking a defensive driving course in New Jersey.

Selective Insurance

Selective Insurance is another affordable option for drivers in New Jersey, with average annual premiums of $2,304 for full coverage. For drivers with a speeding ticket, the average annual premium is $2,347. Selective Insurance also offers a variety of discounts, including a discount for completing a driver training course.

NJM

NJM is a smaller insurance company, but it offers competitive rates for drivers in New Jersey, especially those with a less-than-perfect driving record. For drivers with a speeding ticket, the average annual premium is $2,154. NJM also offers a variety of discounts, including a discount for completing a state-approved defensive driving course.

It's important to note that insurance rates can vary based on a number of factors, including age, gender, location, and driving history. It's always a good idea to compare quotes from multiple insurance companies to find the best rate for your specific situation.

Cheapest car insurance for drivers with an at-fault accident in New Jersey

Car insurance rates in New Jersey are already high, and an at-fault accident on your record will likely increase your premiums as these drivers are seen as more likely to cause future accidents. However, some insurance carriers weigh accidents less than others. Here are some of the cheapest average rates for drivers with at-fault accidents on their record.

Selective offers the cheapest car insurance for drivers with an at-fault accident in New Jersey, with an average rate of $1,342 per year. This is significantly lower than the state average of $2,749 per year for drivers with an accident on their record.

Other cheap options for drivers with an at-fault accident in New Jersey

In addition to Selective, there are a few other insurance companies that offer relatively cheap rates for drivers with an at-fault accident in New Jersey. These include:

• New Jersey Manufacturers ($1,613 per year)
• Farmers ($4,810 per year)

It's worth noting that the average rates for drivers with an at-fault accident are based on data from 2022 and may not reflect the most current rates. It's always a good idea to shop around and compare quotes from multiple insurance providers to find the best rate for your specific situation.

Cheapest car insurance for high-risk drivers in New Jersey

High-risk drivers in New Jersey can expect to pay more for their car insurance, but there are still options for affordable coverage.

A high-risk driver is someone that an insurance company may designate as more likely to file costly claims. Some behaviours that may flag you as high-risk include speeding, drinking and driving, or driving distracted, such as texting while driving. Teen drivers are also typically considered high-risk due to their lack of experience on the road.

According to MoneyGeek, the average insurance cost for New Jersey drivers with a clean record is $1,795 per year. However, this average cost increases to $2,906 annually if you're a high-risk driver—that's $1,111 more.

Cheapest car insurance companies for high-risk drivers in New Jersey

Based on various sources, GEICO, Selective, and NJM are the cheapest car insurance companies for high-risk drivers in New Jersey.

• GEICO: GEICO offers the best and cheapest high-risk auto insurance in New Jersey, according to MoneyGeek and NerdWallet. The policy costs roughly $1,553 per year.
• Selective: According to Bankrate, Selective is the cheapest car insurance company in New Jersey for drivers with a ticket, an at-fault accident, or a DUI on their record.
• NJM: Bankrate recommends NJM as one of the cheapest auto insurance providers in New Jersey for high-risk drivers.

How to lower your rate as a high-risk driver

• Shop around and compare quotes from different insurance companies.
• Ask for discounts based on your unique profile, such as student discounts, military discounts, or discounts for having a newer car.
• Raise your deductibles. Assuming more financial responsibility for future claims can reduce your premiums.
• Look for a carrier that offers accident forgiveness, which can help you avoid increased rates after an at-fault accident.

Cheapest car insurance rates by city in New Jersey

New Jersey is one of the most expensive states in the US for car insurance, with the average annual premium being $2,350 in 2021. This is due to the state's population density, as well as the fact that New Jersey is a no-fault state, meaning that drivers are required to have personal injury protection (PIP) coverage.

The cheapest car insurance in New Jersey is offered by GEICO, with an average rate of $1,093 per year, according to a September 2024 analysis. The second cheapest option is Plymouth Rock Assurance, with an average rate of $67 per month.

• Jersey City: $1,203 per year with Plymouth Rock Assurance
• Elizabeth: $1,256 per year with Plymouth Rock Assurance
• Newark: $1,264 per year with Plymouth Rock Assurance
• Paterson: $1,275 per year with Plymouth Rock Assurance

It's worth noting that these rates may vary depending on individual factors such as age, driving record, and credit history.

Frequently asked questions