The Cheapest Car Insurance in New Jersey for February 2025
State Farm and Geico offer the cheapest car insurance in New Jersey, according to NerdWallet's analysis.
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State Farm has the cheapest auto insurance in New Jersey, with an average rate of $39 per month for liability coverage, according to NerdWallet's February 2025 analysis. Geico offers the cheapest full coverage car insurance in New Jersey, with an average rate of $125 per month.
Generally speaking, New Jersey is one of the pricier states for auto insurance — so it’s wise to shop around for the best rate.
The cheapest liability insurance in New Jersey
Below is the cheapest car insurance NerdWallet found in New Jersey for liability-only coverage at the minimum limits required by the state. Rates are based on our February 2025 analysis.
These figures are estimates for a 35-year-old driver with good credit and a clean driving history.
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| State Farm | $464 | $39 |
| Geico | $485 | $40 |
| Progressive | $659 | $55 |
| NJM | $733 | $61 |
| Penn National | $923 | $77 |
⚠️ Know the risks: Opting for bare-bones liability coverage might save you money in the short term, but it could leave you financially vulnerable if you’re in a serious accident. To find affordable cheap car insurance with more coverage, check out NerdWallet’s list of cheap full coverage insurance.
If you’re looking for top-of-the-line auto coverage, check out our list of the best car insurance in New Jersey.
The cheapest full coverage insurance in New Jersey
For those looking for more coverage, here are the cheapest car insurance companies in New Jersey for full coverage, based on NerdWallet’s February 2025 analysis. These rates are estimated for a 35-year-old driver with a good driving record.
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $1,499 | $125 |
| NJM | $1,938 | $162 |
| Penn National | $1,991 | $166 |
| Travelers | $2,309 | $192 |
| Plymouth Rock | $2,515 | $210 |
- How NerdWallet’s editorial team determined these rates
Once a month, NerdWallet’s car insurance data team analyzes over 500 million sample car insurance rates provided by Quadrant Information Services to find the auto insurers offering the cheapest rates. Our data analysis combines hundreds of hours of rigorous data vetting, thorough optimizing and extensive engineering work to provide you with the cheapest car insurance companies in New Jersey on a monthly basis.
The quotes you get when you shop around may be different because insurers will use your personal characteristics — like age, driving record, the car you drive and where you live — to determine how much you’ll pay for a policy. But you can use the rates in our analysis to get a sense of cheap companies in the Garden State, and which insurers you may want to get a quote from.
The cheapest auto insurance in New Jersey by city
If you’re looking for the cheapest car insurance in your city, NerdWallet also analyzed rates for two of the largest New Jersey cities. See our picks for Jersey City and Newark, current as of February 2025.
- Jersey City
Below are the cheapest insurers we found in Jersey City for a 35-year-old good driver with good credit. To see the full list, read NerdWallet's analysis of car insurance in Jersey City.
Category Cheapest company Median annual rate Clean driving history Geico $1,699 After a DUI Geico $2,394 After an accident Geico $2,354 After a speeding ticket Geico $1,699 Having poor credit NJM $3,876 - Newark
Below are the cheapest insurers we found in Newark for a 35-year-old good driver with good credit. To see the full list, read NerdWallet's analysis of car insurance in Newark.
Category Cheapest company Median annual rate Clean driving history Geico $2,164 After a DUI Geico $3,073 After an accident Geico $3,021 After a speeding ticket Geico $2,164 Having poor credit NJM $5,072
See what you could save on car insurance
Easily compare personalized rates to see how much switching car insurance could save you.Cheap auto insurance in New Jersey by age
Cheapest liability car insurance in New Jersey for young drivers
Young drivers may have to get a lot of quotes to find the best cheap car insurance. Prices can be sky-high in your 20s, but tend to come down as drivers get more experience on the road. Still, some companies routinely have better insurance rates for young drivers, so it's best to shop around to find them.
For bare-bones coverage for 20-year-olds, these companies had the lowest average rates as of February 2025:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $552 | $46 |
| State Farm | $1,078 | $90 |
| NJM | $1,370 | $114 |
| Progressive | $1,617 | $135 |
| Good2Go | $1,675 | $140 |
Cheapest full coverage car insurance in New Jersey for young drivers
If you want more coverage, consider the following companies, which had the lowest average rates for 20-year-old drivers as of February 2025:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $1,755 | $146 |
| NJM | $3,299 | $275 |
| Penn National | $4,101 | $342 |
| Travelers | $4,658 | $388 |
| State Farm | $6,105 | $509 |
Cheapest liability coverage car insurance in New Jersey for seniors
Car insurance costs may start to rise for older drivers, so it’s wise to shop around for the cheapest rates. You can also check for senior discounts. For example, some insurers offer savings to senior drivers who take a defensive driving course.
Drivers in New Jersey who want just the state minimum coverage may want to check with these insurers, which had the lowest average rates for 70-year-old drivers as of February 2025:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| State Farm | $494 | $41 |
| NJM | $671 | $56 |
| Geico | $684 | $57 |
| Progressive | $717 | $60 |
| Selective | $914 | $76 |
Cheapest full coverage car insurance in New Jersey for seniors
Drivers in New Jersey who want broader coverage may want to think about getting quotes from these companies, which had the lowest average rates for 70-year-olds as of February 2025:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| NJM | $1,675 | $140 |
| Geico | $1,918 | $160 |
| Penn National | $2,051 | $171 |
| Selective | $2,253 | $188 |
| Travelers | $2,475 | $206 |
Cheapest car insurance in New Jersey by driving record
Having a driving violation on your record is likely to increase your car insurance premium. How much more you’ll pay depends on the type of violation, your car insurance carrier and your other personal characteristics.
NerdWallet found the companies offering the lowest car insurance rates for 35-year-old New Jersey drivers with different driving records. If you have multiple violations on your record, consider looking into the best high risk car insurance companies.
Cheapest car insurance in New Jersey after a speeding ticket
If you're a New Jersey driver with a recent speeding ticket, check out these companies we found with the lowest average rates for minimum coverage as of our February 2025 analysis:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $485 | $40 |
| State Farm | $820 | $68 |
| Progressive | $850 | $71 |
| NJM | $972 | $81 |
| Good2Go | $1,161 | $97 |
Cheapest car insurance in New Jersey after an accident
These insurers offer the lowest average rates for minimum coverage and a recent at-fault accident in New Jersey, according to our February 2025 analysis:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $654 | $55 |
| State Farm | $773 | $64 |
| NJM | $797 | $66 |
| Progressive | $1,128 | $94 |
| Amica | $1,182 | $98 |
Cheapest car insurance in New Jersey after a DUI
For drivers in New Jersey with a recent DUI, here are the companies with the lowest average rates for minimum coverage as of NerdWallet's analysis in February 2025:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Geico | $665 | $55 |
| Progressive | $766 | $64 |
| NJM | $972 | $81 |
| Plymouth Rock | $1,270 | $106 |
| Foremost | $1,377 | $115 |
» MORE: Getting an SR22 in New Jersey
Cheapest car insurance in New Jersey by credit history
Your credit history can impact your auto insurance rates in New Jersey. Insurers use a credit-based insurance score, which is different from your regular credit score, to determine the likelihood you’ll file a claim. Your credit score is likely a good indicator of your credit-based insurance score.
Cheapest car insurance in New Jersey for drivers with poor credit
In our February 2025 analysis, NerdWallet found the companies offering the lowest car insurance rates for 35-year-old New Jersey drivers with poor credit. Consider the following insurers with the lowest average rates for liability coverage:
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Progressive | $883 | $74 |
| Good2Go | $997 | $83 |
| Plymouth Rock | $1,218 | $102 |
| Foremost | $1,296 | $108 |
| NJM | $1,405 | $117 |
- Why you can trust NerdWallet
Our writers and editors follow strict editorial guidelines to ensure fairness and accuracy in our writing and data analyses. You can trust the prices we show you because our data analysts take rigorous measures to eliminate outliers and inaccuracies in pricing data, which include rates from every locale in New Jersey where coverage is offered and data is available. When comparing rates for different coverage amounts, ages and backgrounds, we change only one variable at a time, so you can easily see how each factor affects pricing.
Minimum auto insurance limits required in New Jersey
New Jersey is a no-fault state, requiring drivers to carry personal injury protection, or PIP, in addition to liability insurance. New Jersey is unique in that it offers a choice between two sets of requirements for minimum insurance coverage, in the form of a Basic Policy and a Standard Policy. The state says most drivers opt for Standard, but the Basic Policy is cheaper and has the lowest possible limits you can buy in the state.
Basic Policy:
$5,000 property damage liability per accident.
$15,000 personal injury protection.
Bodily injury liability isn’t required for the Basic Policy, but should you choose to buy it, the minimum is $10,000 per accident.
Standard Policy:
$15,000 bodily injury liability per person.
$30,000 bodily injury liability total per accident.
$5,000 property damage liability per accident.
$15,000 personal injury protection.
Liability car insurance covers the cost of any damage, injuries or deaths you cause in a car accident, up to your policy’s predefined limits.
Personal injury protection will cover your medical bills and expenses if you’re injured in a car crash, up to your policy limits, no matter whose fault it was. Depending on your state, PIP may also pay for:
Lost wages if you’re unable to work due to injuries from an accident.
Services you can no longer perform, like house cleaning or child care, because of your injuries.
Funeral costs if an accident-related injury leads to death.
A small death benefit as a cash payout.
Even though these minimums will allow you to drive legally, you may want to buy more liability coverage to better guard your savings and assets against lawsuits. For example, if you total another person’s car, the damage could easily exceed a $5,000 property damage liability limit on your policy. The difference would have to come out of your pocket.
It’s also wise to consider common optional coverages such as collision and comprehensive, which keep you from paying out of pocket if, say, you skid on ice and hit a tree, or your vehicle is stolen.
Learn more about your required and optional New Jersey coverages with our guide to state car insurance requirements.
New Jersey “dollar a day” insurance
For affordable medical coverage, New Jersey offers an auto insurance policy to low-income drivers eligible for federal Medicaid with hospitalization. The policy, known as the Special Automobile Insurance Policy (SAIP), costs $360 to $365 per year, or about $1 per day.
SAIP provides minimal medical coverage only, and does not cover liability or vehicle damage.
Alternative car insurance in New Jersey
If DUIs, poor credit or other high-risk factors are preventing you from getting car insurance on the voluntary market, you can seek coverage through the New Jersey Automobile Insurance Plan.
For more help finding competitive car insurance quotes in New Jersey, try NerdWallet's car insurance comparison tool.
We nerd out on car insurance
NerdWallet’s editorial team takes pride in providing highly-researched resources that empower our readers to make informed decisions about their car insurance.
Here’s why you can trust NerdWallet:
We do our homework. All of our auto insurance content is diligently fact-checked before publication. Additionally, our editorial team regularly evaluates and reviews many of the auto insurance companies we write about. This means the star ratings you see on our company reviews remain up-to-date.
We analyze the data. NerdWallet updates our published car insurance rate averages once a month. To do that, we rigorously analyze more than 500 million auto insurance rates from across the country provided by Quadrant Information Services.
We are unbiased. NerdWallet’s content is solely editorial, and is never influenced by our business partners and advertisers. Learn more about how we write in our editorial guidelines.
For our “good driver” profile, NerdWallet averaged insurance estimates for single male and female drivers with good credit and no tickets or violations. The analysis included 5-10 of the largest insurance companies in each state; smaller insurers were also included when rates were available. Liberty Mutual and its subsidiaries were excluded from our analysis as rates were not available.
For full coverage policies, we used the following coverage limits:
$100,000 bodily injury liability per person.
$300,000 bodily injury liability per accident.
$50,000 property damage liability per accident.
$100,000 uninsured motorist coverage per person.
$300,000 uninsured motorist coverage per accident.
Collision coverage with a $1,000 deductible.
Comprehensive coverage with a $1,000 deductible.
In states where required, minimum additional coverages were added. Some policies include additional coverages at the insurer’s discretion.
We used a 2022 Toyota Camry LE for all drivers and assumed 12,000 annual miles driven.
We analyzed rates for drivers 20 to 70 years old in ten-year increments. For the average cost of full and minimum coverage in each state, we looked at 35-year-old drivers.
We used the same assumptions for all other driver profiles, with the following exceptions:
For drivers with minimum coverage, we adjusted the numbers above to reflect the minimum required coverage by law in the state.
We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit.
For drivers with one at-fault crash, we added a single at-fault crash that happened six months ago, resulting in $10,000 in property damage and no bodily injury claim.
For drivers with a DUI, we added a single drunken driving violation that happened six months ago.
We looked at 35-year-old drivers to find the cheapest company overall, the cheapest company for minimum coverage and the cheapest company for drivers with poor credit in states where credit history is used to price rates. We looked at 20-year-old drivers to find the cheapest company for young drivers.
These are rates generated through Quadrant Information Services. Your own rates will be different. Some insurance companies included in this article may have made changes in their underwriting practices and no longer issue new policies in your state.
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