Auto Insurance Study and other important indicators, Geico, State Farm, NJM, Selective and Travelers are among the best auto insurance companies in New Jersey. With availability across the country and plenty of discounts, GEICO is a popular and often affordable option for car insurance. The companies evaluated for New Jersey were Allstate, American Independent, Amica Mutual, Geico, Hanover, NJM, Plymouth Rock, Progressive, Selective Insurance, State Farm, Travelers and White Mountain Insurance Group. To help drivers find the best car insurance in New Jersey, WalletHub posed the following questions to a panel of experts.
The New Jersey Department of Banking and Insurance is responsible for monitoring insurance companies and helping consumers with insurance issues. For young drivers on a budget, MoneyGeek also looked at New Jersey's cheapest car insurance for young drivers and students. New Jersey Manufacturers has a user score of 5 and a claim rating of 5, ranking highest among other companies analyzed by MoneyGeek. GEICO even offers a discount on seat belts for drivers who always use them, as well as a discount on new vehicles for those who have new cars.
With a little bit of searching, you can find many auto insurance companies that might offer rates below the state average, depending on your personal qualifying factors. This insurer also offers standard supplemental coverage, including travel reimbursement or rental coverage, to cover travel expenses incurred if the car is left inoperative. About 3% of New Jersey drivers don't have car insurance, making it the state with the least number of uninsured motorists on the roads, according to the Insurance Research Council. With no-fault insurance, your insurer will pay for hospital bills or medical expenses you may incur if you are injured as a result of a car accident.
Both Geico and Selective Insurance have great rates for drivers with bad credit in New Jersey, so try the quotes from those companies if you're looking for cheap car insurance in New Jersey. Not only does Travelers offer lower than average rates for car insurance in New Jersey, but they also have some of the cheapest home insurance premiums in New Jersey, on average. Car insurance rates usually start to rise in the late 60s, so it's a good idea to look for the best car insurance for seniors if you want the cheapest car insurance in New Jersey.