Car Insurance for 22 Year Old Female in Nj

Although GEICO is the cheapest car insurance company in New Jersey for MoneyGeek's average driver, age, driving history, coverage amount, credit score, and other factors affect your car insurance rate in New Jersey.

For example, New Jersey drivers with a bad credit score or who have a DUI on their record get the best car insurance rate through New Jersey Manufacturers.

cheapest auto insurance New Jersey 2021

The Cheapest Car Insurance in New Jersey

Cheapest for drivers with a DUI -

New Jersey Manufacturers

Cheapest for drivers with bad credit -

New Jersey Manufacturers

Cheapest Minimum Liability Car Insurance in New Jersey

Some New Jersey drivers may wish to get a liability coverage policy to meet the state's minimum car insurance requirements. This package covers the other party's expenses in an at-fault accident but not your own costs.

On average, the cheapest car insurance companies in New Jersey for minimum coverage are:

• GEICO: $499 per year
• New Jersey Manufacturers: $769 per year

The most expensive car insurance company for minimum coverage in New Jersey is Mercury, costing an average of $1,407 per year.

Cheapest Minimum Car Insurance in New Jersey

These prices are only estimates based on rates for an average New Jersey driver and should not be used to compare insurance prices.

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Cheapest Full Coverage Car Insurance in New Jersey

A full coverage policy with higher liability limits and comprehensive and collision insurance can safeguard you against most incidents in New Jersey. Its rate is higher than the cost of minimum coverage, but it protects against the expenses of repairing damages to your car, not just the other driver's vehicle. It's recommended to compare car insurance quotes so you can find the least expensive prices.

The most affordable car insurance providers in New Jersey for full coverage are:

• GEICO: $1,035 per year
• New Jersey Manufacturers: $1,362 per year

Esurance is the most expensive company for full coverage, with average annual costs of $2,302.

Cheapest Full Coverage Car Insurance in New Jersey

Please remember that your prices will be different than these examples. The rates are for a policy with comprehensive and collision insurance, along with $100,000 in bodily injury liability coverage per person, $300,000 in bodily injury liability coverage per accident and $100,000 in property damage coverage per accident.

How to Compare Cheap New Jersey Car Insurance Quotes Online

Most insurance providers offer an easy-to-use online quote tool that gives reasonably accurate prices. You should ideally identify the coverage amount you need so you can compare insurers with consistent limits. For example, if you get a quote for $50,000 in bodily liability insurance per accident from one carrier, you should ensure to use the same figure to get rates from another company.

MoneyGeek's car insurance calculator can give you a quote for an average driver without entering any personal information. To get a personalized quote, you do need to include more information. The three cheapest companies on average in New Jersey are GEICO, New Jersey Manufacturers and Allstate, and you can start by getting quotes from these providers.

Auto Insurance Calculator

Comprehensive and Collision Insurance

Click the section of the wheel in your price range to see options.

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New Jersey Manufacturers

$ 799

Cheapest Car Insurance for Drivers With a DUI in New Jersey

Drivers with a severe driving violation like a DUI on their record pay higher car insurance rates. In New Jersey, a driver with a DUI needs to pay an average of $3,320 per year for their auto insurance, compared to $1,674 for those with a clean record.

The cheapest car insurance companies in New Jersey for a driver with a DUI and full coverage are:

• New Jersey Manufacturers: $1,631 per year
• Progressive: $1,732 per year

Although GEICO is the cheapest insurer for New Jersey drivers with a clean record, New Jersey Manufacturers and Progressive has lower rates for those with a DUI.

Average Car Insurance Rates With a DUI

Getting a DUI will impact the cost of your auto insurance. The percentage of adults who reported driving after drinking too much (in the 30 days prior to being surveyed) was 1.0% in New Jersey, according to a study done by the Centers for Disease Control and Prevention. Additionally, 1,459 people were killed in alcohol-related car crashes in New Jersey from 2009-2018.

The financial repercussions of getting a DUI are costly and can range from court and legal fees to alcohol education treatment programs. Your insurance rate will also see a spike in cost in addition to the legal fees. The above auto insurance rates show what drivers who receive a DUI in New Jersey can expect to pay for insurance.

While each insurance company calculates premiums differently, getting a DUI could cost you up to $40,000 over the course of 13 years. Your rate increase will depend on your insurance company, location and driving record. To avoid increased premiums, don't drink and drive.

Cheapest Car Insurance in New Jersey for Drivers With an At-Fault Accident

An at-fault accident can significantly increase your car insurance rate in New Jersey. MoneyGeek's data shows that drivers with an at-fault accident on their record pay an average of $2,766 annually for an auto insurance policy.

The best car insurance providers in New Jersey for people with an at-fault accident are:

• New Jersey Manufacturers: $1,362 per year
• GEICO: $1,437 per year

With New Jersey Manufacturers or GEICO, you may save as much as $2,500 after an accident compared to other insurance companies' average car insurance rates in New Jersey.

Cheapest Car Insurance With an At-Fault Accident

Cheapest Car Insurance for Drivers With Tickets in New Jersey

Drivers need to avoid even minor offenses, as a speeding ticket can increase their car insurance prices. New Jersey drivers with a speeding ticket on their record pay an average of $2,259 per year, $585 more than a driver with a clean record typically pays.

The car insurance carriers that offer the least expensive full coverage auto insurance with a speeding ticket in New Jersey are:

• GEICO: $1,035 per year
• New Jersey Manufacturers: $1,631 per year

State Farm is the least affordable insurer in New Jersey for drivers with speeding tickets, as they charge an average rate of $3,476.

Average Car Insurance Rates With a Ticket

The National Highway Traffic Safety Administration reports that 525 crashes in New Jersey were caused by distracted driving. Getting a ticket because of distracted driving or speeding can cause your car insurance rates to increase since distracted drivers are more likely to get into an accident.

Here's what drivers in New Jersey might pay for auto insurance if they get a ticket for speeding or distracted driving.

Getting a ticket for speeding or for distracted driving could cause your auto insurance rates to go up. If you want to avoid rate increases, stay focused on the road and don't speed.

Cheapest Car Insurance Companies in New Jersey for Drivers With Bad Credit

Car insurance providers also use a driver's credit score to determine their premiums. Therefore, it's recommended to maintain a healthy credit score as it can reduce your rates. In New Jersey, drivers with poor credit need to pay an average annual cost of $3,409 for their car insurance coverage, compared to $1,674 for the average driver with good credit.

The most affordable auto insurance firms in New Jersey for a driver with poor credit and full coverage are:

• New Jersey Manufacturers: $2,166 per year
• GEICO: $2,310 per year

These two carriers also offer the cheapest full coverage for drivers with good credit.

Average Car Insurance Rates for Drivers With Bad Credit

Data from Experian shows that the average FICO score in New Jersey is 714. It's not uncommon for insurance agencies to look at credit scores when determining premiums. This is because research has shown that credit scores can be indicators of your likelihood of filing an insurance claim.

The above breakdown shows estimates of auto insurance prices for people with bad credit scores.

Want lower car insurance rates? Take the time to raise your credit score. Doing this could help you save money in the long run.

Cheapest Car Insurance in New Jersey for Seniors

In New Jersey, senior drivers need to pay less for car insurance than the average 40-year-old driver. The cost for senior drivers is $1,465 per year on average, $209 less than a typical driver.

The cheapest car insurance providers in New Jersey for senior drivers with full coverage are:

• GEICO: $937 per year
• New Jersey Manufacturers: $1,140 per year

GEICO and New Jersey Manufacturers also present the cheapest full coverage options for the average driver who is 40 years old.

Average Car Insurance Rates for Seniors

In a study done by National Highway Traffic Safety Administration, 16% of fatal car crashes in New Jersey in 2017 were caused by drivers older than 65.

Senior drivers in New Jersey who want to get the best rates should ask for discounts if they complete driver safety courses, drive infrequently or have a vehicle with safety features. Taking the time to compare car insurance rates can also ensure they get the most affordable policy for their needs.

The following chart shows estimates of how much seniors in New Jersey can expect to pay for car insurance.

According to NOLO, New Jersey does not have special provisions for senior drivers. Like other drivers, senior drivers in New Jersey must renew their licenses every four years.

Cheapest Car Insurance in New Jersey for Young Drivers

Young drivers are much less experienced than people who have been driving for a while, so they pay more for car insurance. MoneyGeek's data shows that a policy for a 16-year-old costs an average of $4,172 annually; a 25-year-old pays, on average, for the same policy, $1,734 per year.

MoneyGeek's analysis shows that GEICO is the most affordable insurance company for young drivers between 16-25 years old.

Annual Car Insurance In New Jersey for Young Drivers

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• Age

  Average Cost

  Cheapest Company

  Company Cost

• 16

  $4,172

  GEICO

  $2,235

• 17

  $3,926

  GEICO

  $2,203

• 18

  $3,635

  GEICO

  $2,158

• 19

  $3,538

  GEICO

  $2,120

• 20

  $3,149

  GEICO

  $1,886

• 21

  $2,544

  GEICO

  $1,639

• 22

  $2,393

  GEICO

  $1,599

• 23

  $2,141

  GEICO

  $1,392

• 24

  $2,003

  GEICO

  $1,348

• 25

  $1,734

  GEICO

  $1,228

Helping your teen comparison shop for insurance or lowering your premium by raising your deductible if you add your teen to your policy can help keep costs affordable. Just keep in mind that you pay more out of pocket if you raise your deductible and your teen gets into an accident.

If you're an out-of-state student attending a New Jersey school and you are younger than 21, you must complete New Jersey's mandatory Graduated Driver License (GDL) program requirements. If you're a New Jersey resident attending college in a different state, let your insurance company know if you'll be using the car in another state for more than 30 days a year. Think twice before loaning a car to friends because New Jersey holds the vehicle owner liable for damages if the driver isn't insured or doesn't have enough coverage.

The above table outlines estimates of what parents can expect to pay when adding a young driver to their policy.

Insurance Rate Information for Military Drivers and Veterans

New Jersey has more than than 7,000 active-duty military personnel living in the state along with over 400,000 veterans. Most insurance companies voluntarily offer military discounts both to show appreciation for those who serve and to stay competitive with other insurance companies. Because your vehicle's worth and your driving record are factors in setting your insurance rate, it pays to shop around before buying coverage.

Once you have insurance on the vehicle, you also enjoy special benefits with the New Jersey DMV. If you join the U.S. Armed Forces and already have a valid New Jersey registration, you can get a refund for the remainder of the registration period by writing a letter and submitting a form. Service-disabled or blind veterans can qualify for free registration under certain conditions.

Average Rates for New Jersey service members

25 years $2,032
50 years $1,502

25 years $1,831
50 years $1,498

Car Insurance in New Jersey: What You Need to Know

All motor vehicle owners in New Jersey must have insurance to legally operate a vehicle on state roads.

Proof of Insurance in New Jersey

All drivers must show proof of insurance when registering a car or truck with the New Jersey Motor Vehicle Commission or when stopped by a police officer. Failure to show proof of insurance can lead to driver's license suspension and revoked registration. Proof of insurance can consist of a paper or electronic New Jersey Insurance Identification Card for each vehicle under your policy.

Minimum Liability Insurance Requirements in New Jersey

New Jersey law has some of the lowest liability insurance requirements in the country, but it also requires personal injury protection. Drivers can select a basic policy that offers very little liability protection and a standard policy that offers more. The state says this option should only be considered "by those with few family responsibilities and few real assets," but it is available to all drivers.

A basic policy provides the bare minimum auto insurance coverage mandated by the state:

• No bodily injury liability coverage included
• $5,000 property damage liability per accident
• $15,000 of personal injury protection per person or accident (up to $250,000 of personal injury protection for severe or permanent injuries)

With a standard policy, you get a minimum of:

• $15,000 of bodily injury liability insurance per person; $30,000 per accident
• $5,000 of property damage liability per accident
• $15,000 of personal injury protection per person or accident (up to $250,000 of personal injury protection for severe or permanent injuries)

If you choose the standard policy, you also have to check a box choosing between an unlimited or limited right to sue. If you do not make a choice, the state insurance department warns that you may have only a limited right to sue following a car accident. As for the basic policy, only the "limited right to sue" option is available.

Alternatives to Insurance in New Jersey

Auto insurance is mandatory in New Jersey, but the type and cost of that coverage can vary significantly. The Automobile Insurance Cost Reduction Act mandated that a basic policy be available to all drivers.

High-Risk Auto Insurance Program in New Jersey

NJPAIP Insurance is the assigned risk pool for drivers unable to obtain coverage in the New Jersey auto insurance voluntary market.

How Much Coverage Do You Need in New Jersey?

Experts advise that you get much higher liability coverage than the state requires if you can afford it. Consumer and insurance experts recommend liability coverage of $100,000 per injury and $300,000 per accident. You may also want to consider comprehensive and collision insurance to protect your car, as well as uninsured motorist coverage in case a driver hits you without insurance.

Cheapest Car Insurance in New Jersey by City

In New Jersey, car insurance rates differ between cities. For example, people who live in Newark pay an average of $1,775 every year for a full coverage policy. For the residents of Jersey City, a full coverage auto policy costs an average of $1,573 annually.

Click on your city to discover more information about car insurance rates in the area.

Average Insurance Rate by City in New Jersey

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FAQs About Car Insurance in New Jersey

Here are the answers to some commonly asked queries about auto insurance coverage and prices in New Jersey to help consumers make the right choice.

GEICO is the cheapest car insurance firm in New Jersey, with average yearly rates of $499 for liability coverage. New Jersey Manufacturers is the next-best option, with average costs of $769 per year.

As per MoneyGeek's research, USAA and New Jersey Manufacturers are the best auto insurance companies in New Jersey, judging by their scores for affordability, customer satisfaction and claims service. However, USAA only serves consumers with a military background.

In NJ, the average cost of car insurance is $1,674 per year or about $140 per month.

New Jersey drivers can reduce their auto insurance premiums by getting the right coverage level for their needs and comparing the costs of several insurers to find the lowest rates.

Expert Advice on Finding Cheap Car Insurance in New Jersey

To help you find trustworthy and accurate information on car insurance in New Jersey, MoneyGeek received expert advice from proven professionals. The perspectives and opinions expressed are those of the individual contributor.

1. What are the key factors drivers in New Jersey should look for when searching for the best auto insurance coverage?
2. What steps can drivers in New Jersey take to find affordable car insurance?

Gerard Pinto

Assistant Professor of Finance at Drew University

About the Author

Car Insurance for 22 Year Old Female in Nj

Source: https://www.moneygeek.com/insurance/auto/cheapest-car-insurance-new-jersey/

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