Car insurance in Jersey City costs an average of $1,573 per year, which is cheaper than the state average. The cheapest insurer for the average driver is GEICO, but MoneyGeek also analyzed the cheapest options for several coverage levels and driver histories. MoneyGeek also ranked the top car insurers in Jersey City for those looking to balance costs and service.
bestauto insuranceJersey City2021The Cheapest and Best Car Insurance in Jersey City
The Cheapest Car Insurance Companies in Jersey City
In Jersey City, the companies with the cheapest average rates for a full coverage car insurance policy are:
- GEICO: $896
- New Jersey Manufacturers (NJM): $1,232
Car insurance companies in Jersey City give each driver different rates, so you need to compare their personalized quotes to find a good deal for you. Out of the 10 surveyed insurers in the city, GEICO offers the most affordable car insurance premium average of $896 per year. In fact, for most drivers, a policy from GEICO is less than half as expensive as similar coverage with Esurance, the most expensive auto coverage provider in Jersey City.
MoneyGeek used a sample 40-year-old male driver profile to collect average car insurance rates in Jersey City. The sample driver has a full coverage policy with both liability and comprehensive and collision coverage.
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- CompanyAmountper year
- 1.$896
- 2.New Jersey Manufacturers$1,232
- 3.$1,324
- 4.$1,343
- 5.$1,480
Average Cost of Car Insurance in Jersey City
Jersey City$1,573
New Jersey$1,674
U.S.$1,424
In Jersey City, the average cost of car insurance is $1,573 per year, which is lower than the state average but higher than the national rate. Generally, drivers living in Jersey City will pay about 6% less than New Jersey’s average of $1,674 per year. On the other hand, drivers who live in Jersey City will pay about 10.4% more than the $1,424 average premium in the United States per year.
The Best Car Insurance Companies in Jersey City
For drivers in Jersey City looking to balance insurance costs and quality service, MoneyGeek ranked the best car insurance companies in the city. According to MoneyGeek’s data, the best options for most drivers are:
- New Jersey Manufacturers: MoneyGeek score 98 out of 100
- GEICO: MoneyGeek score 93 out of 100
USAA received the highest score in Jersey City by MoneyGeek's rating system. However, because USAA is only available to military members, veterans and their families, it is not listed as best overall.
To arrive at these final scores out of 100, MoneyGeek utilized several metrics including J.D. Power user satisfaction data, affordability and financial stability ratings.
1
USAA
Score:100
2
New Jersey Manufacturers
Score:98
3
GEICO
Score:93
4
Hartford
Score:88
5
State Farm
Score:85
6
Travelers
Score:85
7
Progressive
Score:80
8
Nationwide
Score:78
9
Farmers
Score:75
10
CSAA
Score:75
11
Plymouth Rock Assurance
Score:73
12
Liberty Mutual
Score:73
13
Allstate
Score:73
Personalized Quotes to Get You the Cheapest Car Insurance in Jersey City
Location isn’t the only factor taken into account when computing your car insurance quotes in Jersey City. Other factors like age, driving record, coverage level and make and model of your vehicle are crucial aspects as well. In Jersey City, for example, Allstate coverage for an 18-year-old male driver costs $4,340 annually on average, which is nearly three times more costly than similar coverage for a 40-year-old male driver.
In order to offer you the best possible car insurance rates in Jersey City, insurers consider individual factors that can affect the risks associated with you as a driver. As your circumstances change over time, you need to regularly request personalized quotes from several companies, since you may be eligible for discounts and promotions.
Shopping around for car insurance in Jersey City could save you $677, which is enough to buy:
226Cups of Coffee
52Months of Your Favorite Streaming Service
Cheapest Car Insurance in Jersey City by Coverage Amount
In Jersey City and elsewhere, your car insurance costs can be largely determined by the amount of coverage you choose. For example, a state minimum liability policy costs an average of $960 per year, while a full coverage policy with higher liability limits costs $1,573 on average. That is a difference of $613.
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.
Getting the best car insurance in Jersey City also means understanding that every level of coverage has specific limits. For example, in Jersey City, GEICO offers both 50/100/50 liability-only and full-coverage plans which can cover up to $50,000 of medical bills for one person — up to $100,000 per vehicle — together with $50,000 of coverage for property damage.
The 50/100/50 full-coverage plan from GEICO costs an average of $245 more than the liability-only policy, as it also includes additional coverage like collision coverage and comprehensive insurance. If the premium difference between the two levels of coverage is minimal, it may be a good choice for you to get the full-coverage policy, as it can also cover your own costs in case of an accident.
Average Car Insurance Premiums: Liability-Only vs. Full Coverage
Liability Only
- CompanyState Minimumper year50 / 100 / 50per year
- 1.$438$567
- 2.New Jersey Manufacturers$687$804
- 3.$772$917
- 4.$977$1,037
- 5.$826$1,007
Full Coverage
- Company50 / 100 / 50per year100 / 300 / 100per year
- 1.$812$896
- 2.New Jersey Manufacturers$1,087$1,232
- 3.$1,198$1,343
- 4.$1,342$1,324
- 5.$1,380$1,480
Cheapest Car Insurance in Jersey City if You Have Driving Violations
Getting a moving violation on your driving record may mean you need to pay more for your car insurance in Jersey City. The average driver with a clean record will pay an average of $1,343 per year for a Progressive policy, but the cost of insurance increases for drivers with a speeding ticket, as their average annual premium is $1,721 for similar coverage from the same company.
A DUI on your driving record can also significantly hike your car insurance rates in Jersey City. For example, Travelers policyholders with a DUI on their record will pay around $1,026 more for their policy than a driver with a clean record.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
- 1.$896$1,230$1,744
- 2.New Jersey Manufacturers$1,464$1,232$1,464
- 3.$1,721$2,279$1,541
- 4.$1,779$2,406$2,082
- 5.$2,260$2,863$2,716
Average Cost of Car Insurance by Postal Code
In Jersey City, the average annual cost of car insurance barely varies at all based on your ZIP code. Drivers living in ZIP code 07307 will pay just $9 more for their auto insurance coverage than drivers who live in ZIP code 07305.
- Zip CodeState Minimumper year
- 07305$1,567
- 07306$1,576
- 07307$1,576
Insurance Providers That Serve Jersey City
Factors That Impact Insurance Costs in Jersey City
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 Jersey City. How Jersey City ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Methodology and Assumptions
MoneyGeek’s average premium rates for Jersey City are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.
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