The words “low-cost” and “insurance” really shouldn’t be used in the same sentence, specifically when trying to find the cheapest car insurance for infrequent drivers. To save some money, let’s lead off by showing you a few of the things that can significantly affect insurance premiums, and see if you can reduce the price of your next policy.
Finding reliable, cost effective auto insurance is challenging, and finding out which companies have the most affordable auto insurance rates for infrequent drivers takes even more perseverance. Every insurance provider has a unique formula for establishing rates, so we’ll take a look at the auto insurance companies with the most affordable rates in Jersey City, NJ.
It’s important to know that New Jersey auto insurance rates are calculated based on many things that control the cost of coverage. Getting older, buying a home instead of renting, or having an accident can produce rate changes that can cause some rates to be more expensive than others.
Find the Cheapest Auto Insurance in New Jersey
Click Here to Start Your Quote
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | 21st Century | $1,100 |
| 2 | Travelers | $1,180 |
| 3 | New Jersey Manufacturers | $1,310 |
| 4 | Penn National | $1,325 |
| 5 | Palisades | $1,341 |
| 6 | The Hartford | $1,476 |
| 7 | Allstate | $1,478 |
| 8 | California Casualty | $1,495 |
| 9 | USAA | $1,600 |
| 10 | Mercury | $1,603 |
| 11 | Amica | $1,887 |
| 12 | Esurance | $1,913 |
| 13 | Progressive | $1,919 |
| 14 | MetLife | $1,951 |
| 15 | State Farm | $2,182 |
| 16 | GEICO | $2,196 |
| 17 | Encompass | $2,374 |
| 18 | Liberty Mutual | $2,890 |
| 19 | Hanover | $3,987 |
| Find Your Rate Go | ||
21st Century quotes some of the most affordable car insurance rates in Jersey City at around $1,100 annually. Travelers, New Jersey Manufacturers, Penn National, and Palisades are also some of the cheaper Jersey City, NJ auto insurance companies.
In the above rates, if you buy coverage from New Jersey Manufacturers and switched to 21st Century, you could see an annual savings of in the vicinity of $210. Drivers with Penn National could save as much as $225 a year, and Palisades customers might reduce rates by $241 a year.
To get a quick, customized rate comparison, click here to get quotes or visit several of the following companies.
Be aware that those premium estimates are averages across all ages of drivers and types of vehicles and and are not calculated with an exact vehicle garaging location for infrequent drivers. So the car insurance company that can offer you the best rate may not even be in the list above. That point stresses why you need to get rate quotes from many companies using your own specific driver and vehicle information.
One of the many things that are used to help calculate the cost of insurance is where you live in Jersey City. Regions with more people or even just more weather-related claims will most likely have higher rates, whereas more rural areas benefit from lower rates.
The information below sorts the most expensive cities in New Jersey for infrequent drivers to buy an auto insurance policy in. Jersey City makes the list at #9 with the yearly price of $2,345 for car insurance, which is about $195 monthly.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Newark | $2,598 |
| 2 | East Orange | $2,495 |
| 3 | Paterson | $2,472 |
| 4 | West New York | $2,431 |
| 5 | Elizabeth | $2,398 |
| 6 | Hoboken | $2,377 |
| 7 | Passaic | $2,371 |
| 8 | Union City | $2,354 |
| 9 | Jersey City | $2,345 |
| 10 | Clifton | $2,345 |
| 11 | Kearny | $2,289 |
| 12 | Camden | $2,199 |
| 13 | Bayonne | $2,184 |
| 14 | Perth Amboy | $2,165 |
| 15 | Fort Lee | $2,123 |
| 16 | Linden | $2,099 |
| 17 | Atlantic City | $2,086 |
| 18 | Hackensack | $1,980 |
| 19 | Plainfield | $1,976 |
| 20 | Trenton | $1,974 |
| Quote Best Rates Go | ||
Premium costs are approximated as specific Jersey City garaging address can change premium rates significantly.
The vehicle that needs insurance is one of the biggest factors when trying to find the cheapest car insurance for infrequent drivers. Vehicles with higher performance, poor passenger safety features, or a track record of large liability claims will cost substantially more to insure than safer models.
The information below shows coverage rates for some of the cheaper vehicles to buy insurance for.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V LX 4WD | $1,400 |
| Ford Escape XLT 2WD | $1,533 |
| Toyota Prius | $1,552 |
| Toyota RAV4 Sport 4WD | $1,656 |
| Dodge Grand Caravan Crew | $1,688 |
| Ford F-150 XL Regular Cab 4WD | $1,714 |
| Hyundai Elantra SE 4-Dr Sedan | $1,743 |
| Chevrolet Impala LTZ | $1,748 |
| Hyundai Sonata GLS 4-Dr Sedan | $1,773 |
| Honda Odyssey Touring | $1,775 |
| Ford Edge SEL 2WD | $1,781 |
| GMC Sierra SL Extended Cab 2WD | $1,815 |
| Jeep Wrangler Unlimited Sport 2WD 4-Dr | $1,823 |
| Toyota Tacoma Double Cab 4WD | $1,853 |
| Ford Explorer Eddie Bauer AWD | $1,860 |
| Chevrolet Malibu LT | $1,853 |
| Ford Focus SE 2-Dr Coupe | $1,861 |
| Find Cheaper Rates Go | |
Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and New Jersey minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, safe-driver, and claim-free. Rates do not factor in specific location information which can lower or raise premium rates considerably.
Based upon the table data, we can conclude that makes and models like the Honda CR-V, Ford Escape, and Toyota Prius will be some of the most economical vehicles to insure for low mileage drivers.
Violations and accidents raise rates
A great way to earn the most affordable auto insurance prices in New Jersey for low mileage drivers is to be a safe driver and avoid accidents and traffic violations. The information below demonstrates how citations and at-fault claims increase insurance costs for different age categories. The costs are based on a single male driver, comprehensive and collision coverage, $500 deductibles, and no policy discounts are applied.
In the prior example, the average cost of a car insurance policy in Jersey City per year with a clean driving record and no accidents is $3,012. Factor in two speeding tickets and the average cost rises to $3,986, an increase of $974 each year. Now add one accident along with the two speeding tickets and the 12-month cost of auto insurance for infrequent drivers jumps again to an average of $4,983. That’s an increase of $1,971, or $164 per month, just for not driving attentively!
Discounts on Jersey City car insurance rates
Insurers that sell policies for infrequent drivers may also offer special discounts that can reduce rates by as much as 35% or more if you meet specific eligibility requirements. A few popular companies and some of the discounts can be read below.
- State Farm has discounts for student away at school, multiple autos, accident-free, passive restraint, Drive Safe & Save, and good student.
- GEICO has savings for five-year accident-free, good student, air bags, daytime running lights, emergency military deployment, anti-theft, and multi-policy.
- Liberty Mutual policyholders can earn discounts including multi-car, newly retired, new move discount, new vehicle discount, new graduate, and safety features.
- The Hartford may have discounts that include vehicle fuel type, defensive driver, bundle, driver training, good student, and air bag.
- MetLife discounts include claim-free, good student, multi-policy, good driver, accident-free, and defensive driver.
- Progressive offers discounts including good student, continuous coverage, online signing, online quote discount, multi-vehicle, multi-policy, and homeowner.
The diagram below compares insurance prices with and without policy discounts. The premium estimates are based on a male driver, no tickets, no at-fault accidents, New Jersey state minimum liability limits, comp and collision included, and $100 deductibles.
The first bar for each age group shows premium with no discounts. The lower bar shows the rates with anti-theft, claim-free, marriage, accident-free, homeowner, and multiple vehicle discounts applied. With discounts applied, the average amount saved each year on auto insurance for infrequent drivers is 28% or $845.
The benefits of price comparisons
New Jersey auto insurance rates are impacted by many factors which can significantly increase or decrease the cost of your policy. Simply having a birthday, becoming a homeowner, or getting caught speeding may generate price changes resulting in some rates now being cheaper than before.
Not only may your situation change, but insurance companies modify pricing as needed as an adjustment for underwriting gains or losses. A period of higher than normal claims can cause increased policy costs, while lower claims may produce cheaper Jersey City car insurance rates.
For example, the bar chart below shows rates for the cheapest car insurance in Jersey City, NJ for a 45-year-old male driver with a clear driving record, no claims, and a good credit rating. If we estimate rates based on his personal risk profile, 21st Century may have the lowest car insurance rates in Jersey City at $1,423 annually. This is $429 less than the average premium paid by New Jersey drivers of $1,852. Travelers, New Jersey Manufacturers, Penn National, and Palisades are also on the list of the best Jersey City, NJ auto insurance companies.
In this example, we will give the driver in the first example a claim or two, a lower credit rating, and a few traffic violations. Since every car insurance company uses their own method for setting rates, getting updated rate quotes may result in a different ranking of the cheapest companies as shown below.
Allstate now has the lowest price on auto insurance in Jersey City, NJ with The Hartford, Mercury, USAA, and Travelers also being competitive. This example proves why it is critical to perform an extensive rate comparison to find the lowest insurance quotes for infrequent drivers. Prices are impacted by many factors and can change substantially, so the most economical option three years ago may now cost much more than other companies.
How to find low-cost auto insurance for infrequent drivers
Lowering your rates is not difficult, and here are some of the recommended money-saving ideas that can help drivers find lower-cost auto insurance.
- Save money by only buying liability coverage for older vehicles
- Do not file small claims
- Raise deductibles
- Higher credit ratings may save you money
- Buying car and homeowners insurance together can save money
- Buy vehicles with good safety ratings
- Compare prices as often as possible
The last item on the list is highly important, as we discussed in this piece. Prices charged by auto insurers vary greatly, so drivers shouldn’t be resistant to buy a different policy if you can save money. Many consumers stick with the same company and that’s fine, but it’s not a good idea if it’s costing you lots of hard earned cash every month. Spend a few minutes and compare prices and find cheaper auto insurance for infrequent drivers in Jersey City.
The insurance agencies listed below are willing to provide answers to your questions and help you determine which coverages you need, as some drivers aren’t sure which coverage they need and prefer to have professional advice when buying car insurance for infrequent drivers. It can be time-consuming to find the cheapest rate yourself, so insurance agents licensed in the state of New Jersey can bring peace of mind knowing your policy gives you decent coverage if you have a claim.
To locate a Jersey City car insurance agency close to where you live, click the button after the list or click here to compare prices now.
- ABL Insurance Services
910 Bergen Ave # 307 – Jersey City, NJ 07306 – (201) 222-1314 - JFK Insurance Agency
746 Bergen Ave – Jersey City, NJ 07306 – (908) 425-1544 - Coe Insurance
2330 John F. Kennedy Blvd – Jersey City, NJ 07304 – (201) 435-4300 - Joe Nachbaur – State Farm Insurance Agent
505 Central Ave – Jersey City, NJ 07307 – (201) 222-8866 - All Insurance Services Inc
574 Newark Ave – Jersey City, NJ 07306 – (201) 963-8888