One of the many components that help determine car insurance rates is your zip code. Regions with larger populations or more claims are more likely to pay higher prices, whereas less populated areas have the enjoyment of a little cheaper coverage.
The following table shows the most expensive cities in New Jersey for drivers with accidents to buy car insurance in. Jersey City is listed at #11 with an annual cost of $2,253 for the average policyholder, which is approximately $188 each month.
|4||West New York||$2,431|
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Premium costs are comparative as specific Jersey City garaging address can change premiums greatly.
The car, truck, or SUV you are seeking coverage for is one of the primary factors that determines whether or not you can buy low-priced insurance for drivers with accidents. Vehicles with high performance features, poor passenger safety features, or a track record of large liability claims will cost more to insure than more modest models.
The data below presents coverage costs for a selection of the cheapest vehicles to buy coverage for.
|Insured Vehicle||Estimated Cost for Full Coverage|
|Honda Accord LX 4-Dr Sedan||$3,615|
|Honda Odyssey LX||$3,755|
|Honda CR-V EX-L 2WD||$3,796|
|Ford Escape XLT 4WD||$3,803|
|Chevrolet Impala LT||$4,003|
|Chevrolet Equinox LT AWD||$4,011|
|Dodge Grand Caravan CV||$4,065|
|Jeep Wrangler Rubicon 4WD 2-Dr||$4,205|
|Toyota Camry SE||$4,210|
|Toyota Corolla XLE||$4,217|
|Ford Edge Limited 2WD||$4,237|
|Nissan Altima 3.5 SR 4-Dr Sedan||$4,253|
|Volkswagen Jetta LE 4-Dr Sedan||$4,286|
|Chevrolet Malibu LS||$4,292|
|GMC Sierra 3500HD SLT Extended Cab 2WD||$4,294|
|Chevrolet Silverado 3500HD LT Crew Cab 2WD||$4,300|
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Prices above based on single female driver age 50, no speeding tickets, two at-fault accidents, $1,000 deductibles, and New Jersey minimum liability limits. Discounts applied include homeowner, multi-policy, and multi-vehicle. Information does not factor in your specific Jersey City, NJ location which can increase or decrease price quotes noticeably.
Based upon these rates, vehicles like the Honda Accord, Toyota Prius, Honda Odyssey, and Honda CR-V will definitely be a few of the most affordable vehicles to insure for drivers with at-fault accidents. Prices will be more costly just because there is more risk for drivers with accidents, but overall those particular vehicles will most likely have the lowest insurance prices possible.
Deciding which insurers offer the cheapest car insurance rates for drivers with accidents will take a little more work in order to find the best policy.
Each auto insurer uses different criteria to determine premium rates, so let’s take a look at the most budget-friendly car insurance companies in Jersey City, NJ. Keep in mind that Jersey City car insurance rates are influenced by many factors which can substantially decrease or increase the price you pay for coverage. Simply getting older, becoming a homeowner, or getting a few speeding tickets can cause premium changes that may make certain companies cheaper than others.
Compare Cheap Insurance Quotes for Accident Prone Drivers
|Rank||Company||Cost Per Year|
|3||New Jersey Manufacturers||$1,310|
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21st Century may offer some of the most affordable car insurance rates in Jersey City at around $1,067 per year. This is $785 less than the average rate paid by New Jersey drivers of $1,852. Travelers, New Jersey Manufacturers, Penn National, and Palisades are also some of the most economical Jersey City, NJ insurance companies.
As the example above demonstrates, if you buy coverage from Palisades and switched to Travelers, you might see yearly savings of roughly $150. New Jersey drivers with California Casualty may save as much as $246 a year, and The Hartford policyholders might reduce prices by as much as $300 a year.
It’s important to note that these premium estimates are averages for all drivers and vehicles and and are not calculated with a specific vehicle garaging location for drivers with accidents. So the company that is best for you may not even be in the top 19 companies shown above. That is why you need to compare rates from as many companies as possible using your own specific driver and vehicle information.
Insuring your vehicle with a high-quality insurer can be rather challenging considering how many choices there are in Jersey City. The ranking data below could help you pick which car insurance providers to look at when comparing rate quotes.
These ratings are only comprised of companies that write coverage in many states, so companies that may only write in New Jersey will not be included in these rankings. If you’d like to compare prices from these and other competitive companies, click this link.
Top 10 Major Auto Insurance Providers Overall in Jersey City
- Mercury Insurance
- The Hartford
- State Farm
- Farmers Insurance
- Safeco Insurance
- 21st Century
Top 10 Major Auto Insurance Providers in Jersey City Ranked by A.M. Best Rating
- GEICO – A++
- Travelers – A++
- State Farm – A++
- USAA – A++
- Allstate – A+
- Nationwide – A+
- Mercury Insurance – A+
- Progressive – A+
- The Hartford – A+
- Esurance – A+
Get discounts on Jersey City auto insurance rates
Car insurance companies that provide policies for drivers with accidents may have price discounts that can lower rates by 25% or more if you meet eligibility requirements. Larger car insurance companies and their possible discounts include:
- GEICO has savings for federal employee, membership and employees, multi-policy, anti-theft, defensive driver, and multi-vehicle.
- SAFECO offers premium reductions for accident prevention training, multi-car, homeowner, bundle discounts, and teen safety rewards.
- State Farm may offer discounts for anti-theft, accident-free, Steer Clear safe driver discount, driver’s education, multiple autos, good student, and Drive Safe & Save.
- MetLife offers discounts including good student, accident-free, multi-policy, claim-free, good driver, defensive driver
- 21st Century has discounts for automatic seat belts, early bird, good student, theft prevention, student driver, 55 and older, and homeowners.
- Progressive includes discounts for online signing, online quote discount, good student, multi-vehicle, homeowner, and multi-policy.
The chart below shows the difference between car insurance rates with and without policy discounts. The premium estimates are based on a female driver, one at-fault accident and no violations, New Jersey state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows insurance cost with no discounts. The second bar shows the rates with paid-in-full, marriage, passive restraint, paperless filing, multiple vehicle, and continuous coverage discounts applied. When drivers take advantage of discounts, theaverage amount saved on car insurance for drivers with accidents is 28% or $1,093.
The illustration below highlights how deductible choice can influence insurance premiums when researching cheap insurance for drivers with accidents. The costs are based on a single female driver, full coverage, and no additional discounts are factored in.
As shown above, a 30-year-old driver could pocket $522 a year by switching from a $100 deductible up to a $500 deductible, or save $786 by changing to a $1,000 deductible. Even younger insureds, like the 20-year-old category, could possibly save $1,160 each year just by choosing higher deductibles.
When insureds make the decision to increase the deductibles on their policy, it is essential to have enough savings to cover the extra out-of-pocket expense. That is the one drawback of using higher deductibles.