Best car insurance companies in New Jersey: New Jersey Manufacturers

New Jersey Manufacturers is the best car insurance company in New Jersey, based on a 2024 analysis by Insurance.com, with an overall rating of 4.19. Geico is the second-best auto insurance company in New Jersey, with an overall rating of 3.16.

New Jersey Manufacturers, Geico, Travelers, State Farm, and Plymouth Rock Assurance are top New Jersey auto insurance companies based on price, NAIC complaint ratio, and AM Best financial ratings. The total Insurance.com score is calculated out of five using these factors.

Best car insurance in New Jersey
CompanyAM BestAvg. Annual PremiumJ.D. PowerNAICInsurance.com score
New Jersey ManufacturersA+$1,3188340.144.19
GeicoA++$1,5638180.913.16
TravelersA++$1,7068220.493.02
State FarmA++$2,1538430.72.74
Plymouth Rock AssuranceA-$1,7378070.452.42
ProgressiveA+$2,1878140.652.34
FarmersA$2,2548030.82.28
AllstateA$2,2948250.652.15

Cheapest car insurance companies in New Jersey: New Jersey Manufacturers

Based on a rate analysis by Insurance.com, New Jersey Manufacturers offers the cheapest full coverage car insurance in New Jersey with average rates of $1,318 annually or $110 a month.

Don't just go with the first insurer you come across. Comparison shopping is the key when it comes to finding the best deal on auto insurance. Get quotes from several different insurers and compare their rates. You may be surprised at how much difference there can be in rates from one company to another.

We have gathered price quotes from all the major insurance providers in New Jersey and put together a list of the cheapest car insurance companies.

Cheapest car insurance in New Jersey
Company State minimum liability50/100/50 liability100/300/100 liability with $500 deductible
New Jersey Manufacturers$560$560$1,318
Geico$588$679$1,563
Travelers$983$1,043$1,706
Plymouth Rock Assurance$618$668$1,737
Selective Insurance$895$985$1,908
State Farm$1,089$1,186$2,153
Progressive$952$993$2,187
Farmers$1,073$1,101$2,254
Allstate$936$1,020$2,294

Average cost of car insurance in New Jersey

The average car insurance rate in New Jersey is $1,902 a year for a full coverage policy with a coverage level of 100/300/100 for a driver age 40, according to a rate analysis by Insurance.com. For the state minimum coverage, the average annual cost in New Jersey is $853.

Auto insurance calculator

Average auto insurance rates in New Jersey
30
16 17 18 19 20 21 22 23 24 25 30 35 40 45 50 55 60 65 70 75
Male
Male Female
7107 - Newark
For a 30-year-old male
$114 State minimum
$243 Full coverage
$133 Liability only
View most and least expensive zip codes

Most & least expensive ZIP codes for auto insurance in New Jersey

Most Expensive

Zip CodeCityHighest Rate
07102Newark$243
07105Newark$243
07103Newark$243
07104Newark$243

Least Expensive

Zip CodeCityLowest Rate
87360Manasquan$141
87350Dover Beaches North$141
87300Brielle$141
87380Mantoloking$141

Cheapest car insurance cost in New Jersey by age

In New Jersey, car insurance rates are higher for teenagers as they are more prone to accidents due to their lack of experience.

Geico offers the cheapest car insurance for teen drivers in New Jersey at $3,384 per year for a full coverage policy.

Car insurance rates will decrease as teens age and keep a good driving record. Car insurance rates for adults 25+ and seniors 60+ are lower than those for teens and young adults. 

In New Jersey, New Jersey Manufacturers offers the cheapest full coverage car insurance for adult drivers (25-55 year-olds) and senior drivers (60-75 year-olds) at $1,309 per year and $1,229 per year, respectively. 

Cheapest car insurance in New Jersey by age
Age Company Avg annual premium 
Teens (16-19)Geico$3,384
Teens (16-19)New Jersey Manufacturers$4,325
Teens (16-19)Travelers$4,447
Teens (16-19)State Farm$5,518
Teens (16-19)Plymouth Rock Assurance$5,792
Teens (16-19)Selective Insurance$7,225
Teens (16-19)Allstate$7,407
Teens (16-19)Progressive$10,921
Teens (16-19)Farmers$11,525
Teens (16-19)The Hanover$19,237
Young Adults (20-24)Plymouth Rock Assurance$2,137
Young Adults (20-24)New Jersey Manufacturers$2,143
Young Adults (20-24)Travelers$2,234
Young Adults (20-24)Geico$2,441
Young Adults (20-24)Selective Insurance$3,272
Young Adults (20-24)Progressive$3,548
Young Adults (20-24)State Farm$3,564
Young Adults (20-24)Allstate$3,857
Young Adults (20-24)Farmers$4,627
Adults (25-60)New Jersey Manufacturers$1,309
Adults (25-60)Geico$1,581
Adults (25-60)Travelers$1,678
Adults (25-60)Plymouth Rock Assurance$1,735
Adults (25-60)Selective Insurance$1,952
Adults (25-60)State Farm$2,164
Adults (25-60)Progressive$2,179
Adults (25-60)Farmers$2,217
Adults (25-60)Allstate$2,258
Seniors (65-75)New Jersey Manufacturers$1,229
Seniors (65-75)Geico$1,505
Seniors (65-75)Travelers$1,758
Seniors (65-75)Selective Insurance$1,873
Seniors (65-75)Plymouth Rock Assurance$1,886
Seniors (65-75)State Farm$2,100
Seniors (65-75)Allstate$2,342
Seniors (65-75)Progressive$2,431
Seniors (65-75)Farmers$2,611

Cheapest car insurance companies in New Jersey by driver profile

Drivers who have accidents or tickets are considered a higher risk and will pay more. 

However, the severity and frequency of the incidents also play a role in the insurance rates. For instance, drivers with a single minor accident will see a smaller increase in their rates compared to those with multiple major accidents.

Below are average New Jersey rates by company for drivers with accidents and tickets on their driving record. 

Cheapest car insurance in New Jersey for drivers with tickets and accidents
CompanyClean record AccidentSpeeding Ticket
Plymouth Rock Assurance$1,288$2,134$2,309
Geico$1,356$1,991$1,489
New Jersey Manufacturers$1,421$1,561$1,769
State Farm$2,060$4,069$3,348
Travelers$2,139$4,175$3,197
Allstate$2,167$5,147$2,705
Progressive$2,385$3,840$2,960
Mercury Insurance$2,541$4,697$3,531
Farmers$3,935$9,322$5,137

Compare auto insurance rates by city in New Jersey

Auto insurance rates in your city can differ significantly from the state average due to factors such as population density, increased instances of auto theft or accidents, and a few other factors. It's best to compare quotes from various insurance providers to find the most competitive rates for your specific city in New Jersey.

CityAnnual insurance premium
Clifton
$2,344
East Brunswick
$1,878
Jersey City
$2,331

Insurance.com commissioned Quadrant Information Services in 2023 to field rates from major insurers in every state across most ZIP codes. Driver profile: male, age 40, driving a 2023 Honda Accord LX with full coverage of 100/300/100 with comprehensive and collision; $500 deductible.

The car insurance rates for drivers with accidents and tickets are averaged based on rates for the following accidents and tickets: 

Accidents: 

  • 1 at-fault property damage accident over $2k
  • 1 at-fault property damage accident under $2k
  • At-fault bodily injury accident 
  • Single vehicle accident 

Tickets: 

  • Distracted driving ticket
  • Speeding ticket 1- 10 MPH over limit 
  • Speeding ticket 11- 29 MPH over limit 
  • Talking on cellphone ticket 
  • Texting ticket 

Insurance.com analyzed rates from more than 34,000 ZIP codes, 56 million quotes, and 136 companies. Rates sourced from Quadrant Data Services are for comparison purposes only; your rates may differ.

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