Why is car insurance so high in NJ?

Is New Jersey auto insurance expensive?

The average cost of auto insurance in New Jersey is $1,592 per year — 3% more than the national average. Your auto insurance premiums are dictated by factors other than state lines.

How much is the average car insurance 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.

Does New Jersey have the highest auto premiums?

Because New Jersey is a mostly urban state, the state has a high population density and more cars on the road. That means car accidents are more likely, which is reflected in the higher-than-average auto insurance premiums.

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
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How much is car insurance per year on average?

In the United States, the average car insurance cost is $1,674 per year for full coverage, or about $139.50 per month, according to 2021 data pulled from Quadrant Information Services. Minimum coverage costs an average of $565 per year.

Is Geico car insurance good?

Geico is a good insurance company that offers its customers satisfactory rates, positive customer service and a convenient user experience. In particular, Geico’s auto insurance rates for drivers with no recent accidents were consistently low.

How much does the general car insurance cost?

The General car insurance costs an average of $1,187 per year ($99 per month) for a minimum-coverage policy, which is more than the national average of $720 per year. The exact cost of auto insurance with The General depends on factors such as a driver’s history on the road, age, state, and coverage limits.

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.

How much is a NJ car inspection?

How much is an NJ Car Inspection Cost? The DMV inspection stations do not charge for this service. It is free to all NJ drivers whose vehicles are registered in the state of NJ. Private Inspection Bays do charge customers which from my experience should cost between $50-$100 at most.

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How much is full coverage insurance?

But you can still find savings with the right insurer. The average cost of a full coverage car insurance policy is $2,399 per year or $200 per month. This is more than double the average price of car insurance policies that only meet state-minimum car insurance requirements.