What Auto Insurance is Cheapest for Electric Cars in Jersey City?

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The words "affordable" and "auto insurance" really don't belong together, specifically when you are shopping around for the best insurance rates for electric cars. Because it's not cheap, let's get started by showing you a few of the things that have an impact on auto insurance rates, and come up with some ways to take a little off your next policy.

Finding dependable, affordable insurance is not easy, and determining which company quotes the cheapest car insurance rates for electric cars will require additional perseverance. Every auto insurer uses a different method for establishing rates, so let's rank the car insurance companies that tend to be cheaper in Jersey City.

We do need to point out that Jersey City car insurance rates are impacted by many things that control the cost of your policy. Simply turning a year older, buying a safer car, or getting a speeding ticket can trigger changes in premium that can now make some companies more affordable than the competition.

Best Car Insurance Prices for EV's

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Rankings for the cheapest New Jersey auto insurance companies
Rank Company Cost Per Year
1 21st Century $1,100
2 Travelers $1,180
3 New Jersey Manufacturers $1,258
4 Penn National $1,338
5 Palisades $1,354
6 Allstate $1,493
7 California Casualty $1,495
8 The Hartford $1,521
9 USAA $1,538
10 Mercury $1,651
11 Esurance $1,856
12 Amica $1,869
13 Progressive $1,881
14 MetLife $1,932
15 GEICO $2,174
16 State Farm $2,182
17 Encompass $2,397
18 Liberty Mutual $2,978
19 Hanover $3,909
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21st Century quotes some of the most affordable car insurance rates in Jersey City at around $1,100 each year. This is $752 less than the average price paid by New Jersey drivers of $1,852. Travelers, New Jersey Manufacturers, Penn National, and Palisades would also be considered some of the lowest-priced Jersey City, NJ car insurance companies.

As illustrated above, if you buy coverage from New Jersey Manufacturers and switched to 21st Century, you might see annual savings of upwards of $158. Drivers with Penn National may save as much as $238 a year, and Palisades insureds might see rate reductions of $254 a year.

Be aware that those policy rates are averages for all drivers and vehicles in New Jersey and and are not figured with a specific zip code for electric cars. So the company that can offer you the best price may not even be in the top 19 companies shown above. That illustrates why you need to get quotes using your own personal information and vehicle type.

For eco-friendly vehicles, one of the largest things that determine insurance cost is where you live. More populated areas are more likely to have higher rates, whereas areas with less people or fewer weather incidents benefit from lower coverage costs.

The illustration below sorts the highest-priced areas in New Jersey for electric cars in which to purchase auto insurance. Jersey City comes in at #11 with the annual price of $2,276 for the average policy, which is approximately $190 each month.

How much does auto insurance cost in Jersey City?
Rank City Annual Rate
1 Newark $2,598
2 East Orange $2,571
3 West New York $2,431
4 Union City $2,426
5 Elizabeth $2,398
6 Passaic $2,395
7 Paterson $2,376
8 Clifton $2,368
9 Kearny $2,358
10 Hoboken $2,307
11 Jersey City $2,276
12 Camden $2,221
13 Bayonne $2,207
14 Fort Lee $2,123
15 Linden $2,121
16 Perth Amboy $2,102
17 Atlantic City $2,044
18 Hackensack $1,940
19 Trenton $1,916
20 New Brunswick $1,913
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Rate quotes are approximated as the specific garaging location can change price quotes considerably.

The make and model of vehicle that needs insurance is one of the largest factors when shopping around for low-priced insurance for electric cars. Vehicles with economical engines, modern passenger safety features, or a positive history of liability claims will cost less to insure than fast, unsafe models. The table below presents insurance premiums for some of the most affordable vehicles to insure in New Jersey.

Cheapest Vehicles to Insure in Jersey City, NJ
Vehicle Make and Model Estimated Cost for Full Coverage
Ford Escape XLS 4WD $1,372
Hyundai Elantra GLS Touring Station Wagon $1,377
Honda CR-V EX-L 4WD $1,404
Toyota RAV4 Sport 2WD $1,626
Chevrolet Impala LT $1,632
Ford F-150 XLT Crew Cab 4WD $1,655
Toyota Prius $1,715
Ford Fusion SEL 4-Dr Sedan $1,742
Hyundai Sonata GLS 4-Dr Sedan $1,751
Ford Explorer XLT 4WD $1,742
Nissan Rogue SL 2WD $1,751
Ford Focus SE 4-Dr Sedan $1,744
Ford Edge SE AWD $1,753
Dodge Grand Caravan Hero $1,779
Jeep Grand Cherokee Laredo 2WD $1,788
Toyota Camry LE $1,779
Honda Civic EX-L 4-Dr Sedan $1,800
Toyota Tacoma Double Cab TRD Sport Package 4WD $1,813
Toyota Camry Hybrid $1,858
Chevrolet Silverado 2500HD LT Crew Cab Diesel 4WD $1,860
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Table data represents single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and New Jersey minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-vehicle, and multi-policy. Rates do not factor in specific location which can change coverage rates substantially.

Looking at the numbers, we can presume that models like the Ford Escape, Hyundai Elantra, and Honda CR-V are most likely going to be the most budget-friendly vehicles to insure for eco-friendly vehicles.

Safe drivers pay less for car insurance

In a perfect world, the ideal way to obtain the best car insurance rates for eco-friendly vehicles is to be a good driver and not get tickets or have accidents. The example below illustrates how speeding tickets and at-fault collisions can impact car insurance costs for different insured age categories. The premium estimates are based on a single male driver, comp and collision included, $1,000 deductibles, and no discounts are applied to the premium.

In the example above, the average cost of auto insurance in Jersey City per year with no accidents or violations is $2,010. Add in two speeding tickets and the average cost increases to $2,646, an increase of $636 each year. Then include one accident along with the two speeding tickets and the yearly cost of car insurance for electric cars increases to an average of $3,293. That's an increase of $1,283, or $107 per month, just for not keeping your driving record clean!

Get discounts on Jersey City car insurance

Car insurance for eco-friendly vehicles in Jersey City, NJInsurers that offer cheap quotes for electric cars may additionally offer discounts that may potentially lower prices by as much as 25% or more if you qualify for them. A list of companies and some of the discounts are detailed below.

The illustration below shows the comparison of car insurance rates with and without discounts applied to the premium. The price estimates are based on a female driver, no accidents or driving violations, New Jersey state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows the price with no discounts. The second bar shows the rates with safe-driver, homeowner, claim-free, multiple policy, marriage, and multiple vehicle discounts applied. When drivers qualify for the discounts, the average amount saved each year on car insurance for electric cars is 28% or $802.

Choosing the right insurance company is hard considering how many choices you have in New Jersey. The rank data shown next can help you analyze which insurers you want to consider when trying to find cheaper insurance for electric cars. The ratings below are only comprised of companies that insure vehicles across America, so smaller regional companies are not included in the list.

Jersey City, NJ Car Insurance Company Rankings
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
Mercury Insurance 87 96 100 87% A+ 93.4
The Hartford 88 96 91 93% A+ 92.6
Progressive 84 94 99 90% A+ 92.4
Travelers 84 93 100 87% A++ 92.3
State Farm 84 93 95 87% A++ 91
Farmers Insurance 87 92 90 85% A 90.6
Safeco Insurance 85 91 87 86% A 88.4
USAA 71 93 98 87% A++ 88
GEICO 73 93 95 85% A++ 87.1
21st Century 85 85 91 89% A 86.9
Liberty Mutual 72 91 97 83% A 86.4
AAA Insurance 85 85 88 86% A 85.8
Nationwide 71 90 93 83% A+ 84.9
Allstate 69 92 92 83% A+ 84.4
American Family 77 96 80 85% A 83.8
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Data Source: Insure.com Best Car Insurance Companies

How to find the cheapest insurance for electric cars

Here are some money-saving suggestions that can help Jersey City drivers get cheaper car insurance.

The last suggestion is certainly necessary, as was discussed in this article. Prices charged by companies fluctuate constantly, so don't hesitate to switch to a new company if you can find a cheaper rate. Many drivers have brand loyalty and that's fine, but it's not a good idea if your bullheadedness ends up costing you hundreds of dollars year after year. It takes less than five minutes to shop around to find cheaper car insurance for electric cars in Jersey City.