Cheapest and Best Car Insurance Companies in Newark, NJ

Plymouth Rock Assurance is the cheapest company in Newark for full coverage policies, military members and those with a DUI or speeding ticket. Other affordable insurers are NJM for those with an at-fault accident on their records and GEICO for teenage drivers. Amica Mutual is also the best company for customer service and affordable rates.

The cheapest car insurance companies for a minimum coverage policy in Newark are:

• Amica Mutual: $484 per year
• Plymouth Rock Assurance: $562 per year

The most expensive company is Hanover, with an average premium of $2,590 per year. The cheapest car insurance in New Jersey is from GEICO, which costs an average of $478 per year across the state as of October 2022, but $613 on average in Newark. This cost difference illustrates how location can affect insurance rates.

A minimum coverage policy only covers property damage liability and personal injury protection. Based on New Jersey law, minimum coverage policies must have the following limits:

• $5,000 property damage liability per accident
• $15,000 personal injury protection

Personal injury protection covers the expenses involving you and your passengers in an accident. A minimum coverage policy can cover medical costs, funeral expenses and lost wages for up to $15,000.

Property damage liability pays for the damage you cause to another vehicle or someone’s property in the event of an accident. Your policy can cover up to $5,000 in repairs.

The cheapest car insurance companies for a full coverage policy in Newark are:

• Plymouth Rock Assurance: $1,063 per year
• NJM: $1,254 per year

The most expensive company is Hanover, at $5,304 per year. The cheapest full coverage car insurance in New Jersey is from NJM as of October 2022. On average, it costs $911 per year, cheaper than Newark's most affordable option.

Your premiums can be influenced by your location, along with many other factors. Finding an insurer that caters to your needs without burning a hole in your pocket is important.

Full coverage policies include comprehensive and collision coverage.

• Collision insurance: Protects your car from losses caused by a collision with another vehicle or object.
• Comprehensive Insurance: Protects your car from damage caused by theft, vandalism, flood or other non-collision perils.

If you drive an older vehicle with a low value, a full coverage policy might not be worth the higher premiums.

The cheapest car insurance companies after driving violations in Newark are:

• Speeding ticket: Plymouth Rock Assurance ($1,229 per year)
• At-fault accident: NJM ($1,254 per year)
• DUI: Plymouth Rock Assurance ($1,229 per year)

Hanover is the most expensive company after a speeding ticket ($5,304 per year) and after a DUI ($8,415 per year). Foremost is the most expensive company after an at-fault accident ($8,138 per year).

Having a driving violation on your record can cause your premiums to increase. Even the cheapest rates will be higher than the rates for safe drivers.

More serious offenses may result in higher rates. For example, annual premiums in Newark increase an average of $1,787 after a DUI. However, the average increase after a speeding ticket is only $270. Comparing rates can help you find the cheapest car insurance when you have a bad driving record.

The cheapest car insurance companies for teens on a family policy in Newark are:

• GEICO: $3,012 per year for female teens and $3,239 per year for male teens
• Travelers: $3,743 per year for female teens and $4,121 per year for male teens

The most expensive company is Foremost, which costs $7,945 per year for female teens and $8,841 per year for male teens. Male teenagers tend to pay higher premiums because they’re deemed high-risk. However, this gender-based cost difference tapers off in early adulthood.

Purchasing individual car insurance for a teen is significantly more expensive than adding them to a family policy. An individual car insurance policy for a 16-year-old boy in Newark can cost $6,559 annually. The annual cost of adding the same teen to a family policy is $3,708, a savings of $2,854.

Always shop around to find the cheapest car insurance for teenagers. You can also take advantage of discounts for young drivers to reduce premiums.

The following companies offer the cheapest full coverage military family car insurance in Newark:

• Plymouth Rock Assurance: $1,063 per year
• NJM: $1,254 per year

USAA also offers affordable car insurance for military drivers. The cheapest options for minimum coverage are Amica Mutual ($484 per year) and Plymouth Rock Assurance ($562 per year). Consider looking for military-specific discounts to reduce the cost of your policy further.

In Newark, New Jersey, getting a vehicle insurance quote online can take 15 minutes or longer. Insurers typically request a lot of personal information before giving you a quote.

MoneyGeek’s car insurance calculator can quickly give you a rough estimate just by using your age, car type, amount of coverage and driving history.

The best car insurance for you depends on a wide range of personal factors. MoneyGeek identified the best companies in Newark, New Jersey, in several categories:

• Best overall: Amica Mutual (MoneyGeek score 84 out of 100)
• Best for service: Amica Mutual (MoneyGeek score 71 out of 100)
• Best cheap: Amica Mutual (MoneyGeek score 87 out of 100)

Factors have different weightings for some categories, so a company’s overall MoneyGeek scores may vary. Amica Mutual also offers the best car insurance in New Jersey. Military drivers may find the best car insurance from USAA.

Based on our analysis, the best car insurance companies in Newark are:

• Amica Mutual: MoneyGeek score 84 out of 100 ($1,283 per year)
• NJM: MoneyGeek score 80 out of 100 ($1,254 per year)

Amica Mutual received high scores for affordability and customer satisfaction. It’s one of the cheapest options but still offers quality customer service. USAA is another great option for military drivers.

The best car insurance for you depends on your needs and preferences. Shopping around for specific coverages and discounts that work well for you and your budget is important.

Without considering affordability, the best companies for customer service in Newark are:

• Amica Mutual: MoneyGeek score 71 out of 100 ($1,283 per year)
• Foremost: MoneyGeek score 67 out of 100 ($3,631 per year)

Amica Mutual scores high in customer satisfaction and coverage options. This company is also one of the cheapest options in the city, so you won’t have to sacrifice quality customer service for a lower cost.

We focused our analysis on affordability and service quality for policies that only meet New Jersey’s minimum coverage requirements and found that the best companies in Newark are:

• Amica Mutual: MoneyGeek score 87 out of 100 ($484 per year)
• NJM: MoneyGeek score 79 out of 100 ($705 per year)

Minimum coverage policies feature the lowest rates but offer the least liability protection and don’t cover damages to your car.

The average cost of car insurance in Newark is $2,145 per year. This rate is based on a full coverage policy with $300,000 in bodily injury liability per accident, $100,000 bodily injury liability per person and $100,000 in property damage liability per accident.

As of October 2022, the cost in Newark is $245 more expensive than the average cost of car insurance in New Jersey and $635 more than the average cost of car insurance in the U.S. Location is one of many factors that affect the cost of car insurance.