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

In Jersey City, the cheapest car insurance for full coverage is with Plymouth Rock Assurance, while minimum coverage and families with teens find GEICO the most affordable. Amica Mutual tops the list for customer service and best overall insurer, offering good value and service. Choose your insurance provider based on your unique preferences and coverage needs.

MoneyGeek found that GEICO is the cheapest option in Jersey City, with the most affordable minimum coverage for car insurance. You can compare rates and find the cheapest car insurance that fits your needs. Here are the two most budget-friendly providers:

• GEICO: $497 per year
• Plymouth Rock Assurance: $579 per year

Hanover offers the most expensive minimum coverage policy in Jersey City at $2,449 per year.

In New Jersey, all cities, including Jersey City, follow state law regarding the minimum required car insurance coverage. Here's a breakdown of the essentials:

• 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 choose to only have minimum coverage and injure someone in a car accident, your policy will cover up to $25,000 for that person's injuries. However, if their medical bills exceed this amount, you're responsible for paying the difference.

MoneyGeek found that Plymouth Rock Assurance is the most affordable option in Jersey City for drivers seeking the cheapest full coverage car insurance.

• Plymouth Rock Assurance: $1,096 per year
• GEICO: $1,105 per year

At $5,004 annually, Hanover offers the most expensive full coverage policy in Jersey City. The difference of $3,908 between the cheapest and most expensive insurer shows why it is important to shop around for car insurance.

Full coverage policies increase liability limits and also include comprehensive and collision insurance.

• Collision insurance: This safeguards against costs incurred from damages to your own vehicle after an impact with another vehicle or an object like a tree or light pole. It also covers rollover accidents and pothole damage.

• Comprehensive insurance: This encompasses financial protection against damage to your car from non-collision incidents such as theft or weather-related damages, natural disasters and being struck by an animal like a deer.

Securing full coverage insurance is advised for new vehicles. However, this level of protection may not be as cost-effective for older vehicles when considering the higher costs involved. Careful consideration of your insurance needs is essential when determining the amount of car insurance that is right for you.

MoneyGeek found that drivers with a less-than-perfect driving record in Jersey City could still find affordable full coverage car insurance options. Here are the most cost-effective choices for those with a specific driving incident:

• Speeding Ticket: GEICO ($1,116 per year)
• At-fault accident: NJM ($1,149 per year)
• DUI: Plymouth Rock Assurance ($1,244 per year)

Insurance rates can increase considerably for individuals with a severe driving offense such as a DUI. The most expensive rates for these incidents can go as high as $9,479 annually, indicating the significant impact that the severity of a driving offense can have on insurance premiums.

In Jersey City, insurance rates escalate with the severity of a driving offense as insurers adjust premiums to reflect the increased risk of costly claims associated with these drivers. For example, drivers with a single speeding ticket may face an average annual rate of $3,564, while those with a DUI could see rates soar to approximately $6,006.

MoneyGeek found that GEICO offers the cheapest car insurance for teens in Jersey City.

• GEICO: $2,193 per year for female teens and $2,358 per year for male teens
• Travelers: $3,230 per year for female teens and $3,557 per year for male teens

These rates are for a policy covering two parents and a teen driver in Jersey City. Foremost has the most expensive policy for teens, with an annual premium of $6,664 for female teens and $7,416 for male teens. Male teens typically pay higher rates as they are statistically more likely to engage in risky driving behavior.

In Jersey City, there is a large cost discrepancy between teen auto insurance premiums for individual policies versus those added to a family plan. On average, a teen opting for an individual policy can expect to pay around $8,284 annually. In contrast, the inclusion of a teen in a family plan averages about $4,903. Insurers often set higher rates for individual teen policies due to the increased risk associated with younger, less experienced drivers.

MoneyGeek found that Plymouth Rock Assurance offers the most affordable option in Jersey City for full coverage car insurance for those with military backgrounds. Top providers are:

• Plymouth Rock Assurance: $1,096 per year
• GEICO: $1,105 per year

While these providers lead in affordability, USAA, although not listed in the dataset for Jersey City, is known nationally for competitively priced insurance policies and services tailored to the needs of active duty military members.

In Jersey City, you can find the most affordable car insurance rates by using MoneyGeek's car insurance calculator. By inputting just a few key details, such as age, driving record, credit score and desired coverage level, you can quickly receive tailored rate estimates, allowing for immediate savings without the hefty time investment.

Selecting the optimal auto insurance policy requires weighing factors such as service quality, costs, coverage and more. MoneyGeek's unique scoring system evaluates each of these aspects to identify the top insurance providers in Jersey City for different customer priorities:

• Best overall: Amica Mutual (MoneyGeek score 89 out of 100)
• Best for service: Amica Mutual (MoneyGeek score 97 out of 100)
• Best cheap: Plymouth Rock Assurance (MoneyGeek score 86 out of 100)

Amica Mutual is the best provider in Jersey City for overall value and service; if cost is your main concern without greatly sacrificing service, Plymouth Rock Assurance offers an affordable option with a solid service experience.

MoneyGeek found that Amica Mutual is the best option in Jersey City for individuals seeking the best car insurance.

• Amica Mutual: MoneyGeek score of 89 out of 100 ($2,754 per year)
• Plymouth Rock Assurance: MoneyGeek score of 86 out of 100 ($1,096 per year)

Amica Mutual has strong performance, particularly in satisfaction and claims handling.

MoneyGeek found that Amica Mutual is the best option in Jersey City when it comes to car insurance based on customer service. This determination is made with a focus on general satisfaction, claims handling and coverages, with no consideration given to rates.

• Amica Mutual: MoneyGeek score of 97 out of 100 ($2,754 per year)
• Plymouth Rock Assurance: MoneyGeek score of 82 out of 100 ($1,095 per year)

Plymouth Rock Assurance is the best option for cheap car insurance in Jersey City, striking the ideal balance between affordability and customer satisfaction. This is based on a comprehensive evaluation that takes into account not just cost but also overall customer happiness.

• Plymouth Rock Assurance: MoneyGeek score of 86 out of 100 ($579 per year)
• NJM: MoneyGeek score of 83 out of 100 ($704 per year)

Plymouth Rock Assurance excels with a MoneyGeek score that reflects its competitive annual premium and its high marks in customer satisfaction.

In Jersey City, the average cost of car insurance is $2,307. When compared to the statewide average cost of car insurance in New Jersey, which is $2,355, Jersey City's average car insurance cost is actually slightly less, by $48. Both the city and state figures exceed the national average cost of car insurance, which is $1,781, with New Jersey's average being higher than the national rate.

Location plays a key role in determining car insurance premiums. This is because location influences factors such as accident rates, crime levels and traffic congestion. Newark is the New Jersey city with the most expensive car insurance premiums at $2,677. Jersey City ranks as the cheapest among the surveyed cities.