For felons, one of the more important criteria that determine the amount you pay each year for auto insurance is your zip code. Areas with high crime rates or more dense population likely pay more, whereas areas with less crime or weather claims tend to receive cheaper rates.
The next table shows the highest-priced places in New Jersey for felons to buy car insurance in. Newark is ranked at #1 with the yearly price of $2,598 on average, which is around $217 monthly.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | Newark | $2,598 |
| 2 | East Orange | $2,597 |
| 3 | West New York | $2,531 |
| 4 | Paterson | $2,448 |
| 5 | Union City | $2,426 |
| 6 | Elizabeth | $2,374 |
| 7 | Clifton | $2,368 |
| 8 | Kearny | $2,358 |
| 9 | Hoboken | $2,353 |
| 10 | Passaic | $2,301 |
| 11 | Jersey City | $2,276 |
| 12 | Bayonne | $2,207 |
| 13 | Perth Amboy | $2,165 |
| 14 | Fort Lee | $2,144 |
| 15 | Camden | $2,133 |
| 16 | Linden | $2,121 |
| 17 | Atlantic City | $2,024 |
| 18 | Hackensack | $1,980 |
| 19 | Trenton | $1,916 |
| 20 | Plainfield | $1,898 |
| 21 | Sayreville | $1,882 |
| 22 | New Brunswick | $1,875 |
| 23 | Lakewood | $1,874 |
| 24 | Vineland | $1,842 |
| 25 | Toms River | $1,725 |
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Information shown are approximated as specific Newark zip code can decrease or increase prices greatly.
The vehicle requiring coverage is probably the largest consideration when consumers are trying to find the most affordable car insurance for felons. Vehicles with more horsepower, poor crash test ratings, or high incidents of liability claims will cost quite a bit more to insure than more economical and safe models. The next table illustrates auto insurance prices for a selection of the cheaper vehicles to buy coverage for.
| Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Toyota Prius | $1,909 |
| Honda CR-V EX 2WD | $1,978 |
| Volkswagen Jetta S 4-Dr Sedan | $2,043 |
| Chevrolet Silverado LS Extended Cab 4WD | $2,053 |
| Ford Explorer Limited AWD | $2,082 |
| Hyundai Elantra Blue 4-Dr Sedan | $2,112 |
| Ford Escape XLS 2WD | $2,118 |
| Toyota Camry SE | $2,151 |
| Chevrolet Equinox LTZ AWD | $2,189 |
| Ford F-150 XLT Regular Cab 4WD | $2,219 |
| Chevrolet Silverado 3500HD LT Crew Cab 2WD | $2,231 |
| Honda Accord EX-L 2-Dr Coupe | $2,336 |
| GMC Sierra SLE Regular Cab 2WD | $2,342 |
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Above prices assume single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and New Jersey minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Rate information does not factor in Newark, NJ location which can influence prices substantially.
Based on these rates, we can presume that makes and models like the Toyota Prius, Honda CR-V, Volkswagen Jetta, Chevrolet Silverado, and Ford Explorer are likely to be the most budget-friendly vehicles to insure for felons.
Cost of full coverage in Newark
Paying less for insurance should be important to most people, and a great way to reduce the cost of insurance for felons is to not buy comprehensive and collision coverage. The chart below shows the difference between car insurance costs with full coverage and liability only. The premiums are based on no driving violations, no at-fault accidents, $500 deductibles, drivers are not married, and no discounts are factored in.
As an overall average, comp and collision coverage costs $3,012 per year over having just liability coverage. That is a large expense and it proposes the question if it’s a good idea to buy full coverage. There is no clear-cut rule for eliminating physical damage insurance, but there is a broad guideline. If the annual cost of comprehensive and collision coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then it’s probably a good time to buy liability coverage only.
For example, let’s say your vehicle’s replacement value is $11,500 and you have $1,000 policy deductibles. If your vehicle is totaled, the most your company would pay you is $10,500 after paying the physical damage deductible. If you are paying over $1,050 annually for full coverage, then it’s probably a good time to buy liability coverage only.
The chart below demonstrates how deductibles can change yearly insurance costs when getting quotes for cheap insurance for felons. The data assumes a single male driver, comprehensive and collision coverage, and no discounts are taken into consideration.
In the chart above, a 30-year-old driver could save $532 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $802 by switching to a $1,000 deductible. Youthful drivers, such as the 20-year-old chart data, could lower their rates $1,560 every year just by using higher deductibles.
When raising deductibles, it will be necessary to have enough savings to be able to pay the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.
Insurance rate increases from tickets or accidents
In a perfect world, the best way to get the cheapest insurance prices for felons is to drive cautiously and not receive tickets or have accidents. The chart below highlights how speeding tickets and at-fault claims can raise insurance prices for different age groups. The data is based on a single male driver, full physical damage coverage, $100 deductibles, and no discounts are applied.
In the previous chart, the average cost of auto insurance per year with no accidents and a clean driving record is $2,745. Get two speeding tickets and the average cost rises to $3,646, an increase of $901 each year. Now get two accidents along with the two speeding tickets and the yearly cost of insurance for felons goes up to an average of $6,842. That’s an increase of $4,096, or $341 per month, just for not driving safely!
How to find cheaper insurance for felons
Below you’ll find some of the better penny-pinching solutions that can help drivers quote cheap auto insurance.
- Raise your physical damage coverage deductibles
- Claim-free drivers earn discounts
- Drive attentively and avoid accidents
- Older vehicles may not need full coverage
- Just one traffic violation will increase your rates
- Compare rates once a year for cheaper prices
That last idea is extraordinarily necessary, as we emphasized in the prior information. Coverage rates adjust frequently, so don’t be tentative to buy from a new company if you find a better deal. Many drivers prefer to stick with one company, but we do not recommend it if that faithfulness ends up costing you a wad of cash every year. In just a couple of minutes you could compare prices and find cheaper insurance for felons in Newark.