Best answer: What is the average car insurance premium in NJ?

How much does car insurance cost per month in NJ?

How much is car insurance in New Jersey per month? The average monthly cost of car insurance in New Jersey is just over $146 per month for full coverage and about $71 per month for minimum coverage. Your actual premium will vary based on your individual rating factors.

How much is car insurance in NJ for a 30 year old?

Cheapest minimum coverage car insurance in New Jersey for 30-year-olds. Drivers in New Jersey who want their state’s minimum coverage can check with the following companies, which had the lowest average rates: State Farm: $263 per year. Geico: $392 per year.

Why is car insurance so high in New Jersey?

Car insurance in New Jersey is expensive because it’s a no-fault state with the highest population density of any state in the country. … As the cost of providing insurance goes up, the premiums insurers charge also rise. All insured drivers share the increasing cost of insurance.

Why is my car insurance so high?

Common causes of overly expensive insurance rates include your age, driving record, credit history, coverage options, what car you drive and where you live. Anything that insurers can link to an increased likelihood that you will be in an accident and file a claim will result in higher car insurance premiums.

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How much is car insurance for a month?

The national average cost of car insurance is $1,592 per year, according to NerdWallet’s 2021 rate analysis. That works out to an average car insurance rate of about $133 per month. But that’s just for a good driver with good credit — rates vary widely depending on your history.

How much is car insurance in NJ for a 17 year old?

Average car insurance cost for 17-year-olds by state

State Average annual full coverage premium for 17-year-old male Average annual full coverage premium for 17-year-old female
New Jersey $2,320 $1,837
New Mexico $1,992 $1,483
New York $3,629 $2,735
North Carolina** $1,092 $1,065

How much is insurance on a 100K car?

CALIFORNIA AUTO INSURANCE RATES BY COVERAGE LEVEL

Coverage Level Average Annual Premium
$100K/$300K/$100K Bodily Injury/Property Damage — Liability-Only $802
$100K/$300K/$100K Bodily Injury/Property Damage — $1,000 Comprehensive/Collision $1,527

How much is USAA car insurance a month?

USAA Insurance FAQ

USAA car insurance costs an average of $633 annually, or $53 per month. USAA’s car insurance rates are based on your driving record and experience, along with factors like the type of car you drive, your ZIP code, your insurance history, and more.

How much is car insurance a month for a 22 year old?

Find Cheap 22-Year-Old Auto Insurance Quotes

The average cost of car insurance for 22-year-olds is $4,304 per year, or approximately $359 per month, for full coverage. For a 22-year-old looking for the cheapest car insurance, we recommend Erie, USAA and Geico.