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Average Cost of Car Insurance in Newark

Newark$1,775
New Jersey$1,674
U.S.$1,424

The average car insurance rate in Newark is $1,775 per year. In comparison, this rate is much higher than the national average annual premium, and slightly higher than the New Jersey average as well. Newark drivers pay 6% more than the state average and 24.6% more than the typical annual premium in the United States.

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The Best Cheap Car Insurance Companies in Newark

Among the car insurance companies in Newark, GEICO is the most affordable carrier with an average annual premium of $1,174, a rate that’s about $601 cheaper than the citywide average. In terms of affordability in Newark, GEICO is followed by MetLife, New Jersey Manufacturers, Allstate and Progressive. The most expensive among Newark insurance providers is Mercury, with rates that are more than twice as expensive as those offered by GEICO.

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Personalized Quotes to Get You the Cheapest Car Insurance in Newark

Various factors dictate the average car insurance rates in Newark. Insurance carriers will evaluate individualized factors, such as your ZIP code, age, gender, driving history and marital status. Young drivers often pay high premiums. For example, an 18-year-old male GEICO policyholder in Newark will pay an average of $2,542 annually.

On the other hand, a 40-year-old male with a similar policy will only pay an average of $1,174 per year. It is important to regularly compare personalized quotes that match your circumstances to find the best rate. Doing so can also help you find out if you qualify for discounts and rebates.

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Cheapest Car Insurance in Newark by Coverage Amount

How much car insurance coverage you purchase in Newark also affects how much your policy will cost. Coverage includes required liability coverage and optional items like collision, comprehensive, and deductibles.

Visit these guides to learn more:

New Jersey Minimum Liability Requirements

  • Item
    Description
  • Property Damage
    $5,000 for property damage. A more protective level is 100/300/100.
  • Personal Injury Protection
    $15,000 per person.

If you are only thinking of getting state minimum liability coverage, the cheapest policy in Newark is from GEICO at an average of $560. If you want to add optional coverages, you can choose between a 50/100/50 liability-only and full-coverage policy. Progressive offers the smallest difference in costs between the two levels — a 50/100/50 liability-only policy from Progressive is $1,171 per year on average while adding around $333 can get you a 50/100/50 full-coverage plan.

If you want comprehensive protection that covers even more injuries and vehicle damages, you can opt for 100/300/100 full coverage. GEICO offers the cheapest average premium for this level at $1,174, which is about $104 more expensive than its 50/100/50 full-coverage policies.

Average Car Insurance Premiums by Coverage Type

Liability Only
Full Coverage
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Cheapest Car Insurance in Newark if You Have Tickets

Having a good driving record will allow you to enjoy cheap car insurance in Newark. A person with a DUI can pay nearly four times the premium of a driver with no violations. For example, a State Farm policyholder with a clean record pays an average of $2,155. If you have speeding tickets, you will be paying an average of $1,470 more for a total of $3,625. If your moving violation is a DUI, you could pay $8,098 for your average annual premium with State Farm.

  • Company
    Speeding Ticketper year
    At-Fault Accidentper year
    DUIper year
  • $1,174
    $1,643
    $2,364
  • 2. New Jersey Manufacturers
    $1,797
    $1,492
    $1,797
  • $1,803
    $2,437
    $2,110
  • $2,148
    $2,868
    $1,923
  • $2,023
    $2,253
    $5,064
  • $2,635
    $3,326
    $3,162
  • $2,262
    $3,904
    $4,418
  • $2,993
    $3,949
    $2,897
  • $3,545
    $4,102
    $3,441
  • $3,625
    $3,419
    $8,098

Average Cost of Car Insurance by Postal Code

Average car insurance rates in Newark hardly vary at all depending on your ZIP code. The average annual premium in terms of ZIP code ranges from $1,754 to $1,785. Drivers living in 07105 pay the cheapest premiums, while those who are from ZIP codes 07104 and 07107 pay around $31 more.

  • Zip Code
    State Minimumper year
  • 07105
    $1,754
  • 07104
    $1,785
  • 07107
    $1,785

Factors That Impact Insurance Costs in Newark

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 Newark. How Newark ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.

accident2 icon
Most Accidents With Fatalities143rd/300
handcuffs2 icon
Most Car Thefts18th/300
uninsured icon
Most Uninsured Motorists by State14th/50
insurance2 icon
Personal Injury Protection RequiredYes
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Most Annual Rainfall66th/300
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Most Rainy Days63rd/300

Shopping around for car insurance in Newark could save you $601, which is enough to buy:


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200Cups of Coffee
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46Months of Your Favorite Streaming Service

Methodology and Assumptions

MoneyGeek’s average premium rates for Newark 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.

Compare Car Insurance Rates in Newark

Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

Insurance Rates

About the Author


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The MoneyGeek editorial team has decades of combined experience in writing and publishing information about how people should manage money and credit. Our editors have worked with numerous publications including The Washington Post, The Daily Business Review, HealthDay, and Time, Inc., and have won numerous journalism awards. Our talented team of contributing writers include mortgage experts, veteran financial reporters, and award-winning journalists. Learn more about the MoneyGeek team.