Who Has Cheap Jersey City Auto Insurance for Unemployed Drivers?

Comparing rates for low-priced insurance is not most people’s favorite thing to do, and figuring out which companies quote the cheapest car insurance rates for unemployed drivers requires even more diligence. Each auto insurance company has their own process for filing rates in each state, so first let’s look at the rankings for the car insurance companies with the most affordable rates in Jersey City, NJ.

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New Jersey auto insurance company rankings
Rank Company Cost Per Year
1 21st Century $1,100
2 Travelers $1,191
3 New Jersey Manufacturers $1,310
4 Penn National $1,379
5 Palisades $1,382
6 California Casualty $1,437
7 Allstate $1,478
8 The Hartford $1,491
9 USAA $1,600
10 Mercury $1,651
11 Amica $1,832
12 Esurance $1,856
13 Progressive $1,862
14 MetLife $1,991
15 State Farm $2,248
16 GEICO $2,262
17 Encompass $2,327
18 Liberty Mutual $2,920
19 Hanover $3,987
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21st Century may have some of the lowest car insurance rates in Jersey City at around $1,100 per year. This is $752 less than the average policy premium paid by New Jersey drivers of $1,852. Travelers, New Jersey Manufacturers, Penn National, and Palisades also qualify as some of the most economical Jersey City, NJ auto insurance companies.

In this example, if you are currently insured with Travelers and switched to 21st Century, you might realize an annual premium reduction of in the vicinity of $91. Policyholders with New Jersey Manufacturers might save as much as $210 a year, and Penn National customers might lower prices by up to $279 a year.

Bear in mind that those rates are averages for all drivers and vehicles in New Jersey and do not factor in a specific zip code for unemployed drivers. So the insurer that fits you best may not even be in the top 19 companies shown above. That’s why you need to quote rates from as many companies as possible using your own driver information and specific vehicle type.

The make and model of vehicle to be insured is a large factor when comparing quotes for low-cost auto insurance for unemployed drivers. Vehicles with higher performance characteristics, poor passenger safety features, or an increased likelihood of liability claims will cost significantly more to insure than more economical and safe models. The data below showcases auto insurance rates for some of the most budget-friendly automobiles to insure in New Jersey.

Cheapest Vehicles to Insure in Jersey City, NJ
Insured Vehicle Estimated Cost for Full Coverage
Chevrolet Malibu LS $1,664
Chevrolet Equinox LS AWD $1,672
Honda Civic EX 4-Dr Sedan $1,717
Hyundai Elantra SE Touring Station Wagon $1,747
Chevrolet Impala LTZ $1,750
Honda CR-V EX-L 4WD $1,763
Ford Escape XLT 4WD $1,771
Ford Edge SE 2WD $1,771
Ford F-150 XL Super Cab 4WD $1,806
Dodge Grand Caravan SE $1,814
Dodge Ram 3500 Crew Cab ST 2WD $1,847
Ford Focus SES 2-Dr Coupe $1,871
Kia Optima SX $1,903
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Table data represents single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and New Jersey minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Premium amounts do not factor in specific location information which can change price quotes noticeably.

Based on these rates, you can presume that makes and models like the Chevrolet Malibu, Chevrolet Equinox, Honda Civic, Hyundai Elantra, and Chevrolet Impala will be the cheaper vehicles to insure for the unemployed.

One of the many components that help determine the amount you pay each year for auto insurance is where you live in Jersey City. Regions with larger populations or more claims tend to have higher rates, whereas areas with fewer weather claims and lower vehicle theft rates get the luxury of paying less.

The table below rates the most expensive areas in New Jersey for unemployed drivers in which to buy car insurance. Jersey City is listed at #7 with the yearly price of $2,345 for the average policyholder, which is approximately $195 per month.

How much does car insurance cost in Jersey City, NJ?
Rank City Annual Premium
1 East Orange $2,521
2 Newark $2,496
3 Union City $2,450
4 Paterson $2,448
5 West New York $2,431
6 Elizabeth $2,398
7 Jersey City $2,345
8 Clifton $2,345
9 Passaic $2,301
10 Hoboken $2,283
11 Bayonne $2,274
12 Kearny $2,266
13 Linden $2,185
14 Camden $2,155
15 Perth Amboy $2,081
16 Fort Lee $2,060
17 Atlantic City $2,024
18 Hackensack $1,980
19 Trenton $1,974
20 Plainfield $1,918
21 Sayreville $1,882
22 New Brunswick $1,856
23 Lakewood $1,855
24 Vineland $1,788
25 Toms River $1,725
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Table data uses approximated as specific Jersey City garaging address can alter auto insurance rates greatly.

Comparison of full coverage and liability-only policies

Saving money when shopping for car insurance should be important to the majority of vehicle owners, and one great way to pay lower rates for insurance for unemployed drivers is to not buy full coverage. The diagram below illustrates the difference between insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The data assumes no accidents or driving violations, $100 deductibles, drivers are single, and no additional discounts are factored in.

Averaged for all age groups, physical damage insurance costs an extra $3,679 per year over having just liability coverage. That brings up the question if full coverage is worth the money. There is no exact rule that is best for determining when to drop physical damage coverage, but there is a general guideline. If the annual cost of your full coverage insurance is more than around 10% of the settlement you would receive from your company, then it could be time to drop full coverage.

Finding a highly-rated insurance provider can be rather challenging considering how many different companies there are to choose from in New Jersey. The company rank data shown next can help you decide which car insurance companies to look at when trying to find cheaper insurance for unemployed drivers.

These ratings are only made up of the largest auto insurers in America, so companies that may only write in New Jersey will not be included in these rankings. If you wish to compare prices from these and other companies in New Jersey, click this link.

Top 10 Major Auto Insurance Companies Overall in Jersey City

  1. Mercury Insurance
  2. The Hartford
  3. Progressive
  4. Travelers
  5. State Farm
  6. Farmers Insurance
  7. Safeco Insurance
  8. USAA
  9. GEICO
  10. 21st Century

Discounts on Jersey City auto insurance rates

Car insurance for the unemployed in Jersey City, NJInsurance providers that provide coverage for unemployed drivers may additionally offer policy discounts that may potentially lower prices by as much as 35% or more if you meet specific criteria. Large car insurance companies and some of their more popular discounts are outlined below.

The example below shows the comparison of insurance costs with and without discounts applied to the policy premium. The costs are based on a male driver, no violations or claims, New Jersey state minimum liability limits, full physical damage coverage, and $1,000 deductibles.

The first bar for each age group shows the price with no discounts. The second shows the rates with multiple vehicle, multiple policy, vehicle safety, homeowner, accident-free, and marriage discounts applied. When discounts are applied, theaverage yearly reduction on car insurance for unemployed drivers is 28% or $608.

How to find the cheapest insurance for unemployed drivers

Lowering your rates is not difficult, and here are some of the recommended money-saving ideas that can help Jersey City drivers get cheaper coverage.

The last idea is extremely critical, as was discussed in this write-up. Car insurance rates in Jersey City change constantly, so don’t be tentative to switch companies if a cheaper price is available.

Having brand loyalty is commendable, but it’s not recommended if that loyalty ends up costing thousands of dollars over the life of your policy. It only takes a couple minutes to compare rates to find cheaper auto insurance for unemployed drivers.

If you like to have a consultation when shopping for cheaper insurance for unemployed drivers, the agents shown below are willing to help you determine which auto insurance policy would work best for you. To locate a Jersey City auto insurance agent in your neighborhood, click the button after the list.

State Farm Insurance – Freddy Duran
1025 Summit AveJersey City, NJ 07307(201) 604-3874

Royale Insurance Agency
2184 John F. Kennedy BlvdJersey City, NJ 07305(201) 656-1800

Farmers Insurance – Mofalc Meinga
447 Central AveJersey City, NJ 07307(201) 435-1616

View more Jersey City, NJ insurance agencies