Top 5 Auto Insurance Providers in New Jersey for 2017

If you’re searching for cheap auto insurance in New Jersey, having patience can pay off. Rates change significantly from one company to the next, so it’s wise to compare several quotes and not settle for the first price you get.

To help you save time and hassle, Technical GuruDev’s staff sorted through 100 rates from the largest nj auto insurance companies. For each driver profile below we identified the cheapest insurers in the state.

Cheapest for good drivers
For drivers with no at-fault accidents, DUIs or moving violations.

  1. Travelers – Price starting from $1,258/year.
  2. New Jersey Manufacturers Insurance (NJM) – Price starting from $1,396/year.
  3. AllState –  Price starting from $1,896/year.

Cheapest for young drivers
For drivers in their early 20s.

  1. New Jersey Manufacturers Insurance (NJM) – Price starting from $845/year.
  2. Travelers – Price starting from $960/year.
  3. AllState –  Price starting from $1,188/year.

Cheapest for drivers with one at-fault crash

  1. New Jersey Manufacturers Insurance (NJM) – Price starting from $1,396/year.
  2. Travelers – Price starting from $1,944/year.
  3. AllState –  Price starting from $3,715/year.

Cheapest for drivers with poor credit
For drivers placed in the “Poor Credit” tier.

  1. New Jersey Manufacturers Insurance (NJM) – Price starting from $1,960/year.
  2. Travelers – Price starting from $2,965/year.
  3. Geico –  Price starting from $3,237/year.

Cheapest for retired drivers
For drivers in their mid- to late 60s who no longer use their car for commuting.

  1. New Jersey Manufacturers Insurance (NJM) – Price starting from $939/year.
  2. Travelers – Price starting from $1,255/year.
  3. StateFarm-  Price starting from $1,311/year.

Cheapest for low-mileage drivers
For drivers who travel under 5,000 miles or less per year.

  1. Metromile –  Price starting from $854/year.

Minimum Requirement in NJ Auto Insurance

NJ auto insurance requires drivers to carry liability insurance and personal injury protection, or PIP, in the following amounts:

  • $15,000 bodily injury liability per person.
  • $30,000 bodily injury liability per accident.
  • $5,000 property damage liability per accident.
  • $15,000 PIP.

Here’s a summary of where you’ll find the cheapest insurance, by category:

Category Cheapest option
Good drivers Travelers
Young drivers NJM Insurance
Drivers with one at-fault crash NJM Insurance
Drivers with poor credit NJM Insurance
Retired drivers NJM Insurance
Low-mileage drivers Metromile

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