Compare the Cheapest Car Insurance Quotes in Newark, NJ

The most low-cost insurance company for the average driver in Newark is GEICO, with wax coverage at $ 1,174 per annum and department of state minimal indebtedness insurance at about $ 560 per year. GEICO besides has the lowest premiums for drivers with a accelerate ticket at $ 1,174 annual. overall, MoneyGeek ‘s top cream for car policy in the city is New Jersey Manufacturers, which balances affordability and customer service .iconribbon best car policy Newark

2022

The Cheapest and Best Car Insurance in Newark

The Cheapest Car Insurance Companies in Newark

For the best value in Newark, the adopt policy companies offer the cheapest rates on modal for a full-coverage policy :

  • GEICO: $1,174 per year
  • Metlife: $1,484 per year

GEICO offers the most low-cost coverage in the city, with an modal annual premium of $ 1,174. By comparison, Mercury is the most expensive car indemnity party, with an average annually premium of $ 2,370, which is over 100 % more than GEICO. Comprehensive and collision coverage is included in full moon coverage car policy, which is why it ’ second costlier than state minimum policy. It ‘s potential, though, that you ’ ll get different quotes than we did, depending on your chosen liability limits and your driving profile compared to our sample distribution .

Cheapest Car Insurance in Newark

Full Coverage 100/300/100

  • company 100/300/100

    per year

  • 1 .GEICO

    $1,174

  • 2 .MetLife

    $1,484

  • 3. New Jersey Manufacturers

    $1,492

  • 4 .Allstate

    $1,499

  • 5 .Progressive

    $1,666

  • 6 .Amica Mutual

    $1,679

  • 7 .Travelers

    $1,959

  • 8 .State Farm

    $2,155

  • 9 .Esurance

    $2,271

  • 10 .Mercury

    $2,370

As described in our methodology, the premiums MoneyGeek obtained are for our sample driver, being a 40-year-old male purchasing a full-coverage policy. While a full coverage car policy policy is more expensive than state minimum indebtedness coverage, it does include comprehensive and collision policy. In other words, you ’ re paying for extra protection as follows :

  • Comprehensive Insurance: This protects you against damage to your car from non-collision incidents, such as weather events like hail, fire, theft, or vandalism.
  • Collision Insurance: This covers the cost of repairs to your car if you collide with another vehicle or a stationary object.

The premiums for full coverage car insurance can cost more over fourth dimension than the replacement value of your car if your fomite is an older exemplar. To save money, though, you may wish to consider liability-only New Jersey country minimum policy .

Compare Car Insurance Rates in Newark

see you ‘re getting the best pace for your car indemnity. Compare quotes from the top insurance companies. widget-location-pinInsurance Rates

Cheapest Car Insurance in Newark for Minimum Coverage

car policy policies with minimum coverage are normally the cheapest policy option. On average, the cheapest state minimal liability only indemnity in Newark is offered by :

  • GEICO: $560 per year
  • Allstate: $830 per year

GEICO ‘s coverage is $ 1,018 less than Mercury ‘s median annual premium of $ 1,578, which is besides the most expensive in the city. While minimum coverage policies are the least costly option, they besides exclude comprehensive and collision coverage and provide much lower liability limits. This may put you at risk of not having adequate coverage in the event of an accident. The table below illustrates how rates change when you increase your liability limits .

Cheapest Minimum Liability Car Insurance in Newark

state Minimum

  • company State Minimum

    per year

  • 1 .GEICO

    $560

  • 2 .Allstate

    $830

  • 3. New Jersey Manufacturers

    $851

  • 4 .Amica Mutual

    $913

  • 5 .Progressive

    $985

  • 6 .MetLife

    $1,067

  • 7 .Travelers

    $1,284

  • 8 .Esurance

    $1,301

  • 9 .State Farm

    $1,398

  • 10 .Mercury

    $1,578

New Jersey law requires drivers to carry 15/30/5 indebtedness indemnity. This is the cheapest vehicle insurance in Newark, which translates into a lower monthly bounty. If you are involved in an accident, though, you will likely have to pay extra out-of-pocket expenses. For case, if you cause an accident and the early driver ‘s aesculapian bills total $ 25,000, your state of matter minimal indemnity will cover equitable $ 15,000 of that, leaving you responsible for the remaining $ 10,000 .

New Jersey Minimum Liability Requirements

  • detail description
  • property damage $ 5,000 for property damage. A more protective level is 100/300/100 .
  • personal Injury Protection $ 15,000 per person .

Cheapest Car Insurance in Newark if You Have Driving Violations

Being found at fault in an accident or getting a speeding ticket or DUI can increase your car indemnity premiums, at times significantly. Based on your specific rape, the play along insurance providers in Newark are, on average, the most low-cost :

  • Cheapest after a ticket: GEICO, $1,174 per year
  • Cheapest after an at-fault accident: New Jersey Manufacturers, $1,492 per year
  • Cheapest after a DUI: New Jersey Manufacturers, $1,797 per year

If you have violations on your record, your best bet is to improve your driving history over clock time. In the meanwhile, shop around for quotes to see which car insurance companies in Newark offer the cheapest rates for drivers with bad records .

Cheapest Car Insurance in Newark With a Violation

Speeding slate

  • company Speeding Ticket

    per year

  • 1 .GEICO

    $1,174

  • 2. New Jersey Manufacturers

    $1,797

  • 3 .Allstate

    $1,803

  • 4 .Amica Mutual

    $2,023

  • 5 .Progressive

    $2,148

  • 6 .MetLife

    $2,262

  • 7 .Travelers

    $2,635

  • 8 .Esurance

    $2,993

  • 9 .Mercury

    $3,545

  • 10 .State Farm

    $3,625

Average Cost of Car Insurance in Newark

Newark

$1,775

New Jersey

$1,674

U.S.

$1,424

The average car insurance rate in Newark is $ 1,775 per year. In comparison, this rate is much higher than the national average annual agio, and slightly higher than the New Jersey average angstrom well. Newark drivers pay 6 % more than the express average and 24.6 % more than the typical annual bounty in the United States.

Personalized Quotes to Get You the Cheapest Car Insurance in Newark

respective factors dictate the average car indemnity rates in Newark. insurance carriers will evaluate personalize factors, such as your ZIP code, senesce, sex, driving history and marital condition. Young drivers often pay high premiums. For exercise, an 18-year-old male GEICO policyholder in Newark will pay an average of $ 2,542 annually. On the other bridge player, a 40-year-old male with a alike policy will lone pay an average of $ 1,174 per class. It is authoritative to regularly compare personalized automotive indemnity quotes that match your circumstances to find the best rate. Doing so can besides help you find out if you qualify for discounts and rebates .

Compare Car Insurance Rates in Newark

guarantee you ‘re getting the best rate for your car policy. Compare quotes from the top policy companies. widget-location-pin

The Best Car Insurance Companies in Newark

MoneyGeek ranked the clear insurers in Newark for drivers looking for policy providers that balance affordability with choice service. According to our study, the best overall car indemnity companies in the city for most drivers are :

  • New Jersey Manufacturers: MoneyGeek score 98 out of 100
  • GEICO: MoneyGeek score 93 out of 100

The scores for the policy companies were calculated based on several factors, including customer atonement, affordability and fiscal stability. We used multiple resources in our report, including ratings by data analytics and consumer intelligence company J.D. Power .
1

USAA

score :

100

5/5 Affordability 5/5 Claims Ratings 5/5 User Satisfaction A++ fiscal constancy 2

New Jersey Manufacturers

score :

97.5

5/5 Affordability 5/5 Claims Ratings 5/5 User Satisfaction A+ fiscal Stability

3

GEICO

score :

92.5

5/5 Affordability 3/5 Claims Ratings 4/5 User Satisfaction A++ fiscal stability 4

Hartford

score :

87.5

4/5 Affordability 3/5 Claims Ratings 4/5 User Satisfaction A+ fiscal stability 5

State Farm

score :

85

3/5 Affordability 3/5 Claims Ratings 3/5 User Satisfaction A++ fiscal stability 6

Travelers

score :

85

2/5 Affordability 5/5 Claims Ratings 2/5 User Satisfaction A++ fiscal stability 7

Progressive

score :

80

3/5 Affordability 3/5 Claims Ratings 2/5 User Satisfaction A+ fiscal stability 8

Nationwide

score :

77.5

2/5 Affordability 3/5 Claims Ratings 2/5 User Satisfaction A+ fiscal stability 9

Farmers

score :

75

3/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A fiscal stability 10

CSAA

grade :

75

3/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A fiscal constancy 11

Plymouth Rock Assurance

grudge :

72.5

2/5 Affordability 3/5 Claims Ratings 2/5 User Satisfaction A- fiscal stability 12

Liberty Mutual

score :

72.5

2/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A fiscal constancy 13

Allstate

grade :

72.5

2/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A fiscal constancy

Average Cost of Car Insurance by Postal Code

median cable car insurance rates in Newark hardly vary at all depending on your ZIP code. The average annual agio in terms of ZIP code ranges from $ 1,754 to $ 1,785. Drivers living in 07105 pay the cheapest premiums, while those who are from ZIP codes 07104 and 07107 yield about $ 31 more .

  • Zip Code State Minimum

    per year

  • 07105

    $1,754

  • 07104

    $1,785

  • 07107

    $1,785

Factors That Impact Insurance Costs in Newark

In addition to individual driver needs and history, location-specific factors like personal wound auspices coverage requirements and the percentage of uninsured motorists besides contribute to cable car policy rates in Newark. How Newark ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs .accident2 icon Most Accidents With Fatalities

143rd

/ 300handcuffs2 icon Most car Thefts

18th

/ 300uninsured icon Most uninsured Motorists by State

14th

/ 50insurance2 icon personal Injury Protection Required Yesrain icon Most annual rain

66th

/ 300umbrella icon Most showery Days

63rd

/ 300

Methodology and Assumptions

MoneyGeek ’ randomness median premium rates for Newark are based on 100/300/100 comprehensive collision coverage with a $ 1,000 deductible for a 40-year-old male driver. The modal driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage character, placement and drive record. Learn more about MoneyGeek ’ s data and methodology here. About the generator

expert-profileexpert-profile Mark Fitzpatrick is a senior content director with MoneyGeek specializing in policy. Mark has years of experience analyzing the insurance market and creating original inquiry and contented. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a master of Arts .

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