Cheapest and Best Car Insurance in Elizabeth, NJ (July 2024)

The cheapest car insurance in Elizabeth can vary; Plymouth Rock Assurance offers the lowest minimum coverage, while NJM is the cheapest for full coverage. For families with teens, GEICO is the most affordable. Despite these rates, Amica Mutual is rated the best for customer service, coinciding with its position as the best overall, balancing price with service quality. Your ideal insurer hinges on personal preferences and coverage needs.

MoneyGeek found that Plymouth Rock Assurance is the cheapest option in Elizabeth, offering the most affordable cheapest car insurance for drivers looking to save.

• Plymouth Rock Assurance: $619 per year
• GEICO: $653 per year

The most expensive minimum coverage policy in Elizabeth comes from Hanover, with an annual premium of $2,687, which starkly contrasts the $619 offered by Plymouth Rock Assurance. This sizeable difference in annual rates exemplifies why it's crucial to compare car insurance quotes before purchasing a policy.

All New Jersey cities, including Elizabeth, state law prescribes the mandatory minimum car insurance coverage.

• Bodily injury per person: $25,000
  
• Bodily injury per accident: $50,000
  
• Property damage liability per accident: $25,000
  
• Personal injury protection (PIP) per person: $15,000
  

If you have the minimum coverage and incur bodily injury liability, your policy could pay up to $25,000 for a single person and $50,000 for all injured persons per accident. Should costs exceed these amounts, you'd be responsible for the balance.

MoneyGeek found that Plymouth Rock Assurance offers the most affordable cheapest full coverage car insurance in Elizabeth. Here are the two providers with the lowest annual premium:

• Plymouth Rock Assurance: $1,148 per year
• NJM: $1,341 per year

Hanover has the most expensive full coverage policy in Elizabeth, with a premium that's $4,248 more per year than Plymouth Rock Assurance.

At MoneyGeek, we provide a comprehensive Elizabeth full coverage policy that enhances liability coverage up to $100,000 for bodily injury per individual, $300,000 for bodily injuries per accident and $100,000 for property damage per accident. This level of coverage is typically denoted as a 100/300/100 policy.

Full coverage insurance also incorporates two key components:

• Collision Insurance: This insurance pays for repairs to your automobile in the event of a crash with another vehicle or a collision with an object like a tree or light pole. It also covers rollover accidents and pothole damage.

• Comprehensive Insurance: This covers a gamut of non-accident-related damage to your car, including theft, vandalism, or natural disasters and being struck by an animal like a deer.

For owners of new vehicles, obtaining full coverage insurance is the most prudent choice to protect your vehicular investment. On the contrary, for those with older models, the high cost of additional premiums may not justify the benefits. When assessing how much car insurance you require, it is crucial to weigh the higher cost of comprehensive coverage against the danger of being underinsured.

MoneyGeek found that the most affordable options in Elizabeth for drivers with a poor driving record seeking full coverage policies vary according to the specific type of violation. Here are the cheapest providers for each individual offense: ,

• Speeding Ticket: Plymouth Rock Assurance($1,304 per year)
• At-fault accident: NJM ($1,380 per year)
• DUI: Plymouth Rock Assurance ($1,304 per year)

On the other hand, the companies with the most expensive rates for these offenses are State Farm for a DUI at $10,952 per year, Foremost for an at-fault accident at $8,249 and Hanover for a speeding ticket at $5,396 per year.

In Elizabeth, the severity of a driving violation is a key determinant in insurance rate increases, reflecting the higher risk posed by serious offenses. For instance, drivers with a speeding ticket typically see an annual premium of $3,977, whereas those with a DUI could face a much steeper rate of $6,722 on average.

MoneyGeek found that GEICO is the cheapest option in Elizabeth, offering the most affordable cheapest car insurance for teens.

• GEICO: $2,744 per year for female teens and $2,951 per year for male teens
• Travellers: $3,715 per year for female teens and $4,090 per year for male teens

These rates represent coverage for a family with two parents and a teen driver. Among the companies compared, Foremost presents the most expensive policy for teen drivers in Elizabeth, with an annual premium of $7,664 for female teens.

In Elizabeth, as well as in other cities, teen drivers looking to insure their cars can find significant cost savings by opting into a joint family plan rather than purchasing an individual policy.

Statistics show that the average individual premium for teen car insurance stands at approximately $9,230, while the average family premium is markedly lower, at around $5,468. Insurers often quote higher rates for teenagers due to their lack of driving experience and higher risk profile.

MoneyGeek found that Plymouth Rock Assurance offers the most affordable full coverage car insurance for those with military backgrounds in Elizabeth. For the cheapest car insurance for military backgrounds, here are the top two providers:

• Plymouth Rock Assurance: $1,148 per year
• NJM: $1,341 per year

While not featured in the top two cheapest options, USAA is known to cater specifically to the needs of active duty military members and typically offers competitive rates on a national level.

In Elizabeth, you can find cost-effective car insurance by using MoneyGeek's car insurance calculator. By inputting your age, driving record, credit score and coverage preferences, among other factors, you'll receive an immediate estimate.

Finding the best auto insurance for you hinges on weighing service, cost, coverage, and other factors. MoneyGeek's research, which employs distinct scoring systems for each category, reveals Elizabeth's top insurers tailored to varied priorities:

• Best overall: Amica Mutual (MoneyGeek score 88 out of 100)
• Best for service: Amica Mutual (MoneyGeek score 97 out of 100)
• Best cheap: Plymouth Rock Assurance (MoneyGeek score 88 out of 100)

Amica Mutual emerges as Elizabeth's premier insurer for both overall value and service, making it an excellent choice for those seeking top-tier service without compromising on affordability. For budget-conscious consumers, Plymouth Rock Assurance offers substantial savings while still maintaining service levels.

MoneyGeek found that Amica Mutual offers the best option for car insurance in Elizabeth.

• Amica Mutual: MoneyGeek score of 88 out of 100 ($3,150 per year)
• Plymouth Rock Assurance: MoneyGeek score of 86 out of 100 ($1,148 per year)

Amica Mutual offers exceptional customer satisfaction and claims handling, securing its position as the top provider in Elizabeth for a full coverage policy.

MoneyGeek found that Amica Mutual is the best option in Elizabeth for car insurance, focused on customer service. This determination is based on exceptional general satisfaction, claims handling and coverage options, irrespective of rates.

• Amica Mutual: MoneyGeek score of 97 out of 100 ($3,150 per year)
• Plymouth Rock Assurance: MoneyGeek score of 82 out of 100 ($1,148 per year)

Amica Mutual distinguishes itself from the competition primarily due to its outstanding customer satisfaction and top-notch claims service, significantly impacting its overall MoneyGeek score.

MoneyGeek found that Plymouth Rock Assurance is the best option in Elizabeth for consumers seeking cost-effective car insurance without compromising on service quality. Here's how the top two companies ranked:

• Plymouth Rock Assurance: MoneyGeek score of 88 out of 100 ($619 per year)
• NJM: MoneyGeek score of 82 out of 100 ($910 per year)

Plymouth Rock Assurance offers an impressive blend of affordability and high client satisfaction.

In Elizabeth, New Jersey, the average car insurance cost amounts to $2,598. This premium is greater than the average car insurance cost in New Jersey as a whole, which is $2,355.

Moreover, New Jersey's average insurance cost is higher than the national figure, with the state's premiums exceeding the national average by $573, which puts the national cost of car insurance at $1,781. The cost of car insurance is influenced by many factors, of which location ranks as a significant determinant.

Newark holds the title for the most expensive insurance premium at $2,677, while Jersey City offers the least expensive at $2,307 — demonstrating a stark $370 difference between the two cities. It's worth noting that premiums may be even lower in non-urban locations known for their lower traffic density.