Cheapest Auto Insurance Companies in NJ

Cheapest Auto Insurance Companies in NJ: Introduction

NJ is one of the most expensive states for car insurance in the United States. According to ValuePenguin, the average cost of car insurance in NJ is $1,594 per year. Car insurance is mandatory in NJ and can be quite overwhelming to find the right fit for your budget. Therefore, finding the cheapest auto insurance companies in NJ is essential for your pocket.

What are the Cheapest Auto Insurance Companies in NJ?

Here are the top 10 cheapest auto insurance companies in NJ for 2021:

Geico
NJM Insurance Group
USAA
Progressive
Travelers
New Jersey Manufacturers
Allstate
Plymouth Rock Assurance
State Farm
MetLife

1. Geico

Geico is one of the cheapest auto insurance companies in NJ. They offer competitive quotes for all types of drivers, including good driver discounts, multi-car discounts and membership discounts with various organizations. Geico also offers a mobile app that allows you to customize your policy, manage your claims and pay your bills.

2. NJM Insurance Group

NJM Insurance Group is a mutual insurance company that offers the exclusive option to NJ residents. NJM offers competitive rates and discounts, including good driver discounts, multi-policy discounts and low mileage discounts. NJM also offers accident forgiveness options and a drivewise app.

3. USAA

USAA offers the cheapest auto insurance rates available to NJM members. USAA has exclusive membership options for active military personnel, veterans and their families. They offer a range of discounts, including safe driving discounts, military installation discounts and multi-car discounts.

4. Progressive

Progressive is known for offering competitive car insurance rates in NJ. They offer various discounts such as good driver discounts, safe driver discounts and multi-car discounts. Progressive also offers an app to manage your policy, pay bills and track your driving habits.

5. Travelers

Travelers is another reliable auto insurance company in NJ, offering a range of discounts including multi-policy discounts, good student discounts and hybrid/electric vehicle discounts. Additionally, Travelers offers a program to monitor your driving habits and provide feedback on how to improve your safety behind the wheel.

6. New Jersey Manufacturers

New Jersey Manufacturers is a local company that offers affordable car insurance rates in NJ. They offer discounts for good drivers, anti-theft devices and multiple cars. NJM also offers a mobile app that allows customers to manage their policy, file a claim and access their insurance ID card.

7. Allstate

Allstate is a well-known insurance company that offers affordable car insurance rates in NJ. They offer a range of discounts, including multiple policy discounts and safe driver discounts. Allstate also offers a mobile app that allows customers to file a claim, check their billing and contact their agent.

8. Plymouth Rock Assurance

Plymouth Rock Assurance is another local auto insurance company in NJ that offers affordable rates. They offer various discounts, including good student discounts and multi-car discounts. Additionally, Plymouth Rock Assurance allows customers to customize their policy online and access their ID card on their mobile app.

9. State Farm

State Farm is a well-known insurance company that offers affordable car insurance rates in NJ. They offer a range of discounts, including multiple policy discounts and good driver discounts. State Farm also offers a mobile app that allows customers to manage their policy, file a claim and access their insurance ID card.

10. MetLife

MetLife is an insurance company that offers affordable car insurance rates in NJ. They offer various discounts, including good student discounts and bundling discounts. Additionally, MetLife offers a mobile app that allows customers to manage their policy, file a claim and access their insurance ID card.

FAQs about Cheapest Auto Insurance Companies in NJ

1. How can I get the cheapest auto insurance rates in NJ?

To get the cheapest auto insurance rates in NJ, it’s important to shop around and compare quotes from different companies. Also, try to maintain a good driving record and opt for higher deductibles to lower your monthly premium.

2. Which factors affect my car insurance rates in NJ?

Several factors affect your car insurance rates in NJ, including your driving record, age, gender, type of car, location and credit score.

3. Can I switch my car insurance provider in NJ?

Yes, you can switch your car insurance provider in NJ. However, it’s important to check your current policy and cancel it before switching to avoid any coverage gaps.

4. What discounts are available for car insurance in NJ?

Several discounts are available for car insurance in NJ, including good driver discounts, good student discounts, bundling discounts, multi-car discounts and low mileage discounts.

5. Do I need personal injury protection (PIP) in NJ?

Yes, personal injury protection (PIP) is mandatory in NJ. It covers medical expenses and lost wages for you and your passengers in case of an accident.

6. Can I opt for liability-only car insurance in NJ?

Yes, you can opt for liability-only car insurance in NJ. However, it’s important to note that liability-only insurance does not cover damages to your own car in case of an accident.

7. What is the minimum car insurance requirement in NJ?

The minimum car insurance requirement in NJ is liability insurance coverage of $15,000 for bodily injury per person, $30,000 for bodily injury per accident and $5,000 for property damage per accident.