The make and model of vehicle you are seeking coverage for is a large factor that determines whether or not you find affordable insurance for safe drivers. Vehicles with lots of horsepower, poor crash test ratings, or a history of substantial liability claims will cost much more to insure than more modest models. The next table outlines auto insurance prices for a handful of the cheapest vehicles to insure in New Jersey.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V LX 4WD | $1,750 |
| Ford Escape XLT 2WD | $1,756 |
| Honda Accord LX-P 4-Dr Sedan | $1,917 |
| Ford Edge Limited 2WD | $2,034 |
| Toyota Prius | $2,132 |
| Hyundai Elantra Blue 4-Dr Sedan | $2,147 |
| Honda Odyssey EX-L W/Rear Entertainment | $2,186 |
| Toyota Corolla S | $2,192 |
| Ford Explorer Eddie Bauer 2WD | $2,228 |
| Volkswagen Jetta SE 2.5 Station Wagon | $2,257 |
| GMC Sierra SL Extended Cab 2WD | $2,269 |
| Chevrolet Equinox LT 2WD | $2,275 |
| Toyota Tacoma Double Cab 4WD | $2,269 |
| Chevrolet Impala LS | $2,281 |
| Jeep Wrangler Unlimited Rubicon 4WD 4-Dr | $2,284 |
| Toyota RAV4 Sport 4WD | $2,335 |
| Toyota Camry LE | $2,341 |
| Ford Fusion Sport AWD 4-Dr Sedan | $2,377 |
| Ford F-150 FX2 2WD | $2,386 |
| Dodge Grand Caravan SXT | $2,392 |
| Find Cheaper Rates Go | |
Data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and New Jersey minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, homeowner, and claim-free. Premium amounts do not factor in zip code location which can raise or lower coverage rates significantly.
By looking at the data, you can presume that vehicles like the Honda CR-V, Ford Escape, Honda Accord, Ford Edge, and Toyota Prius should be some of the cheaper vehicles to insure for good drivers.
Shopping around for low-priced auto insurance is challenging, and figuring out which insurers offer the cheapest car insurance rates for safe drivers involves more quotes for comparison. Each insurance company uses their own calculation for determining prices, so first we will examine the car insurance companies that tend to be cheaper in New Jersey.
It’s a good idea to know that Newark car insurance rates are calculated based on many things which can substantially decrease or increase the policy price. Things like getting older, moving to a new city, or getting a speeding ticket may generate price changes resulting in some companies being much higher than others.
Find Cheaper Auto Insurance for Safe Drivers
21st Century normally has some of the most affordable car insurance rates in Newark at around $1,078 each year. This is $774 less than the average premium paid by New Jersey drivers of $1,852. Travelers, New Jersey Manufacturers, Palisades, and Penn National also qualify as some of the most economical Newark, NJ auto insurance companies.
As shown in the table above, if you are a customer of Palisades and switched to Travelers, you may realize an annual premium reduction of approximately $150. Insureds with Penn National could save as much as $188 a year, and California Casualty insureds might reduce prices by as much as $246 a year.
These prices are averages across all types of drivers and the different vehicles they drive and are not factoring in an exact location for safe drivers. So the car insurance company that is best suited for you may not even be in the top 19 companies shown above. That illustrates why you need to compare prices as often as possible using your own specific driver information and vehicle.
For good drivers, one of the largest considerations that are used to help calculate car insurance rates is where you live. Cities with more crime and/or more people likely pay more, whereas areas with lower crime rates and fewer weather claims benefit from lower coverage costs.
The next table shows the priciest cities in New Jersey for safe drivers to buy auto insurance in. Newark is ranked #1 with an annual cost of $2,598 for the average policyholder, which is around $217 per month.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | Newark | $2,598 |
| 2 | East Orange | $2,495 |
| 3 | West New York | $2,456 |
| 4 | Union City | $2,450 |
| 5 | Elizabeth | $2,446 |
| 6 | Hoboken | $2,377 |
| 7 | Paterson | $2,376 |
| 8 | Clifton | $2,368 |
| 9 | Kearny | $2,335 |
| 10 | Passaic | $2,301 |
| 11 | Jersey City | $2,253 |
| 12 | Bayonne | $2,207 |
| 13 | Camden | $2,199 |
| 14 | Fort Lee | $2,144 |
| 15 | Linden | $2,121 |
| 16 | Atlantic City | $2,106 |
| 17 | Perth Amboy | $2,102 |
| 18 | Hackensack | $1,999 |
| 19 | Sayreville | $1,920 |
| 20 | Plainfield | $1,918 |
| Find Cheaper Rates Go | ||
Premium costs are approximated as specific location information can raise or lower premium rates greatly.
Newark car insurance companies ranked
Selecting a high-quality insurer can be difficult considering how many different insurance companies sell coverage in Newark. The company information displayed below can help you choose which insurers to look at putting your business with.
These rankings only include companies who write in the majority of U.S. states, so companies with more of a regional focus will not be included in this list. If you wish to compare prices from the most competitive companies in New Jersey, click this link.
Top 10 Large Car Insurance Companies in Newark Ranked by A.M. Best Rating
- GEICO – A++
- Travelers – A++
- State Farm – A++
- USAA – A++
- Allstate – A+
- Nationwide – A+
- Mercury Insurance – A+
- Progressive – A+
- The Hartford – A+
- Esurance – A+
Top 10 Large Car Insurance Companies in Newark Ranked by Customer Service
- Mercury Insurance
- The Hartford
- American Family
- Progressive
- GEICO
- USAA
- State Farm
- Travelers
- Farmers Insurance
- Allstate
Careless drivers pay higher rates
In a perfect world, the ideal way to get affordable car insurance prices in New Jersey for good drivers is to be a careful driver and avoid accidents and violations. The diagram below demonstrates how speeding tickets and accidents increase annual premium costs for different categories of driver ages. The costs are based on a married female driver, full coverage, $100 deductibles, and no discounts are taken into consideration.
The data above shows the average cost of auto insurance per year with no violations or accidents is $2,117. Get written up for two speeding tickets and the average cost increases to $3,017, an increase of $900 each year. Now add in one accident along with the two speeding tickets and the 12-month cost of car insurance for safe drivers jumps again to an average of $3,919. That’s an increase of $1,802, or $150 per month, just for not being a responsible driver!
Get discounts on Newark insurance
Insurance providers that provide policies for safe drivers may also provide price discounts that could reduce prices by 30% or more if you meet the requirements. A few of the larger companies and their possible discounts are shown below.
- GEICO discounts include anti-lock brakes, emergency military deployment, seat belt use, driver training, anti-theft, and good student.
- MetLife policyholders can earn discounts including accident-free, good driver, claim-free, good student, multi-policy, and defensive driver.
- Progressive offers premium reductions for continuous coverage, multi-policy, homeowner, good student, and online quote discount.
- Travelers may offer discounts for save driver, new car, multi-policy, home ownership, and student away at school.
- SAFECO has savings for anti-theft, teen safety rewards, anti-lock brakes, bundle discounts, accident prevention training, safe driver, and multi-car.
- AAA offers discounts for good student, AAA membership discount, multi-car, education and occupation, multi-policy, and anti-theft.
The illustration below shows the comparison of auto insurance costs with and without discounts. The data assumes a male driver, no claims, a clean driving record, New Jersey state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multiple vehicle, defensive driving course, accident-free, marriage, and passive restraint discounts applied. When discounts are applied, the average amount saved each year on car insurance for safe drivers is 28% or $755.
How to find cheaper auto insurance for safe drivers
Below you’ll find many thrifty ideas that can help you quote lower-cost car insurance.
- Try to not file small claims
- Do not pay for full coverage if not needed
- Lower rates by purchasing a safer vehicle
- Being accident-free can lower rates significantly
- Buying car and homeowners insurance together can save money
- Do not get traffic citations
- Compare rate quotes frequently
The last idea is highly crucial, as we stressed in the article above. Auto insurance rates can be changed at any time, so drivers shouldn’t be reluctant to buy a different policy if you find a cheaper price.
Having a favorite company is fine, but it’s not recommended if that stubbornness costs you hundreds every year. Now is a great time to compare rates and find cheaper car insurance for safe drivers in Newark.