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New Jersey Car Insurance Cost Calculator

Estimate your New Jersey car insurance cost. Average annual premium: $1,920. Calculate based on age, vehicle, coverage, and driving record.

Free โ€” No Sign-up Verified Data Editorially Reviewed Updated
New Jersey Quick Facts
10.8% Income Tax Rate
2.49% Property Tax Rate
$89,296 Median Income
115.2 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

This calculator estimates auto insurance premiums in New Jersey based on the statewide average of $1,920/year, adjusted for driver age, vehicle value, coverage level, driving record, credit score (where permitted), annual mileage, and deductible. Actual rates vary by insurer, ZIP code, and individual profile. New Jersey's minimum liability requirements and local factors are considered.

Key State Information

New Jersey average car insurance: $1,920/year. New Jersey's rates are near the national average. Credit score is a major factor in insurance pricing in this state.

Standard financial formulas Pre-filled with real state data Estimates only โ€” not financial advice
Data Source
Insurance.com, NAIC
View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much is car insurance in New Jersey?

The average annual car insurance premium in New Jersey is $1,920, or about $160/month. Rates vary significantly based on your age, driving record, vehicle, coverage level, and ZIP code.

What are New Jersey's minimum car insurance requirements?

New Jersey requires minimum liability insurance. Exact minimums vary, but most states require at least 25/50/25 ($25K bodily injury per person / $50K per accident / $25K property damage). Some states like New Jersey follow standard liability minimums.

How can I lower my car insurance in New Jersey?

Shop around and compare quotes from at least 3-5 insurers. Increase your deductible, maintain a clean driving record, bundle with home insurance, ask about discounts (good student, safe driver, low mileage), and improve your credit score. Some New Jersey insurers offer usage-based insurance programs.

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