bestauto insuranceElizabethCompare the Cheapest Car Insurance Quotes in Elizabeth, NJ
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Your premium will be determined by your driving record and elected coverage amount. GEICO is the cheapest option for full coverage, state minimum insurance and for drivers with a speeding ticket. Overall, MoneyGeek ranked GEICO as the best insurance company for affordability and quality customer service.
bestauto insuranceElizabethThe Cheapest and Best Car Insurance in Elizabeth
The Cheapest Car Insurance Companies in Elizabeth
If you’re looking to purchase a full coverage policy, the cheapest auto insurance companies in Elizabeth are the following:
- GEICO: $1,086 per year
- New Jersey Manufacturers: $1,447 per year
Mercury is the most expensive provider in the city. Its full coverage policy costs an annual average of $2,259, which is 108% more than a comparative policy with GEICO.
Cheapest Car Insurance in Elizabeth
Full Coverage 100/300/100
- Company100/300/100per year
- 1.$1,086
- 2.$1,447
- 3.$1,488
- 4.$1,492
- 5.$1,595
Per our methodology, MoneyGeek determined average costs based on the driving profile of a 40-year-old male driver in Elizabeth with a full coverage policy.
Full coverage includes comprehensive and collision insurance. At a higher premium, full coverage ensures more financial compensation in the event of injury and/or damage to your vehicle.
- Comprehensive insurance: covers damage to your car caused by non-accident incidents, such as theft, vandalism, animal damage and weather-related occurrences
- Collision insurance: pays for any damage to your car caused by collision-related accidents
If you want to purchase full coverage, consider your car’s model year. If you own an older vehicle, you may end up paying more for full coverage than the car’s value. In this case, take a look at your liability-only or state minimum insurance options.
Compare Car Insurance Rates in Elizabeth
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Cheapest Car Insurance in Elizabeth for Minimum Coverage
If you’re looking to save on monthly expenses, state minimum or liability-only insurance is your cheapest option. For state minimum policies, the most affordable auto insurance providers in Elizabeth are:
- GEICO: $535 per year
- Allstate: $828 per year
On average, a state minimum insurance policy with GEICO costs $966 less than Mercury, the city’s most expensive insurance provider. Mercury’s state minimum insurance policy costs $1,501 annually.
Minimum coverage is the most affordable option, but it also offers the least protection as it doesn’t include comprehensive and collision insurance.
Using the table below, you can check how your insurance premiums change with higher liability limits.
Cheapest Minimum Liability Car Insurance in Elizabeth
State Minimum
- CompanyState Minimumper year
- 1.$535
- 2.$828
- 3.$863
- 4.$909
- 5.$945
In New Jersey, a state minimum policy is the most affordable option for car insurance, but it offers the least amount of protection. It includes $5,000 property damage liability per accident and $15,000 personal injury protection per person/accident.
MoneyGeek collected car insurance quotes in Elizabeth for New Jersey’s standard minimum coverage policy, which is recommended in comparison to New Jersey’s basic policy. It includes bodily injury liability of $15,000 per person and $30,000 per accident, $5,000 of property damage liability per accident and $15,000 personal injury protection per person.
You may save on monthly expenses by purchasing basic or standard minimum coverage in New Jersey, but you will likely pay more out of pocket in an at-fault accident. For example, if you cause $25,000 in bodily injury to another driver, the basic policy pays $0, making you responsible for the full amount. With a standard policy, you pay $10,000 because of the $15,000 policy limit.
New Jersey Minimum Liability Requirements
- ItemDescription
- Property Damage$5,000 for property damage. A more protective level is 100/300/100.
- Personal Injury Protection$15,000 per person.
Cheapest Car Insurance in Elizabeth if You Have Driving Violations
If you have a poor driving record, your auto insurance premiums are more expensive. For drivers with violations, your cheapest options in Elizabeth are:
- Cheapest after a ticket: GEICO at $1,086 per year
- Cheapest after an at-fault accident: New Jersey Manufacturers at $1,447 per year
- Cheapest after a DUI: New Jersey Manufacturers at $1,736 per year
The best way to get cheaper premiums is to improve your driving record over time. In the meantime, you can shop around and find car insurance companies in Elizabeth that offer the best rates after a driving violation.
Cheapest Car Insurance in Elizabeth With a Violation
Speeding Ticket
- CompanySpeeding Ticketper year
- 1.$1,086
- 2.$1,736
- 3.$1,789
- 4.$1,978
- 5.$2,052
Average Cost of Car Insurance in Elizabeth
Elizabeth$1,729
New Jersey$1,674
U.S.$1,424
On average, the annual cost of car insurance in Elizabeth is $1,729, which is higher than the state and national averages. Elizabeth drivers pay 3.3% more for car insurance compared with other drivers in the state. They spend 21.4% more than the national average.
Personalized Quotes to Get You the Cheapest Car Insurance in Elizabeth
Aside from your driving history, your auto insurance quotes are determined by other factors like car make and model, age, gender, coverage level and postal code. To find an auto insurance company that best fits your needs, shop around and compare quotes based on company quality and affordability.
Compare Car Insurance Rates in Elizabeth
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
The Best Car Insurance Companies in Elizabeth
MoneyGeek discovered the best car insurance companies in Elizabeth by analyzing average rates, claims ratings and user satisfaction scores. The top car insurance companies in the city are:
- GEICO: MoneyGeek score of 96 out of 100
- New Jersey Manufacturers: MoneyGeek score of 91 out of 100
Meanwhile, Mercury and Esurance are among the insurance companies in Elizabeth that failed to rank well across MoneyGeek’s set criteria. The former obtained a total score of 24, whereas the latter obtained a total MoneyGeek rating of 33.
1
GEICO
Score:96
GEICO received high ratings for financial stability, affordability and customer satisfaction. A full coverage GEICO policy costs an average of $1,086 per year for a 40-year-old driver in Elizabeth. The insurer offers mechanical breakdown insurance, which is rarely offered by other providers.
More About GEICO
GEICO's unique mechanical breakdown insurance covers the cost of components and systems at a cost less than an extended warranty from a dealer.
GEICO offers three more coverage options: roadside assistance, rental car reimbursement and/or travel compensation and accident forgiveness. These coverage include flat tire repairs, towing, lockout services and rental car reimbursement if your vehicle is rendered undrivable for more than 24 hours due to a covered accident.
Read MoneyGeek's GEICO auto Insurance Review2
New Jersey Manufacturers
Score:91
New Jersey Manufacturers received perfect ratings for claims and satisfaction with a full coverage policy costing roughly $1,447 per year. Although the insurer doesn’t offer unique coverages, such as custom parts, it does provide popular add-ons like roadside assistance, rental car and/or travel reimbursement and gap insurance.
More About New Jersey Manufacturers
New Jersey Manufacturers’ coverages are common across other insurance companies in Elizabeth. These coverages include roadside assistance, rental car and/or travel reimbursement, gap insurance and rideshare insurance.
If the car is considered a covered total loss, gap insurance will pay for some or all of the difference between the balance of a loan or lease on a vehicle and what New Jersey Manufacturers pays to replace the vehicle. Meanwhile, in certain cases, the rideshare endorsement fills insurance gaps left by the TNC's commercial insurance coverage.
Read MoneyGeek's New Jersey Manufacturers auto Insurance Review3
Allstate
Score:67
4
Progressive
Score:61
5
Amica Mutual
Score:46
6
Travelers
Score:44
7
State Farm
Score:38
8
MetLife
Score:37
9
Esurance
Score:33
10
Mercury
Score:24
Average Cost of Car Insurance by Postal Code
Insurance providers usually consider your location to calculate the cost of your premiums. Different areas have varying levels of risk in terms of theft, vandalism and natural disasters. Fortunately, in the city of Elizabeth, the average cost of insurance is not impacted by a driver’s postal code.
- Zip CodeState Minimumper year
- 07202$1,729
- 07208$1,729
Factors That Impact Insurance Costs in Elizabeth
In addition to individual driver needs and history, location-specific factors like personal injury protection coverage requirements and the percentage of uninsured motorists also contribute to car insurance rates in Elizabeth. How Elizabeth ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
About Mark Fitzpatrick
