Two highway signs on the New Jersey Turnpike.

Auto Insurance Rates in New Jersey Compared to Other States

New Jersey has historically been one of the most expensive states for car insurance. It tops the list of most expensive states according to the Insurance Information Institute. The typical one-car policy costs well over $1,000 per year, and in households with multiple vehicles, it's not uncommon to spend several thousand dollars on coverage each year*.

Why Car Insurance Rates in New Jersey Are So High

Several factors contribute to higher rates in NJ than in many other states. For one, instances of fraud have been high, which increases it for everyone. In addition, heavy traffic volumes lead to a higher rate of accidents that generate claims, which drives up expenditures and rates. Rising medical costs in recent years have also led to an increase.

Consider Factors beyond Cost When Selecting a Policy

While consumers in New Jersey are faced with higher than average auto insurance rates, this does not necessarily mean it is best to choose the company with the lowest ones. Instead, drivers should look at a range of factors when selecting a carrier. Reputation, customer care and claims services are critical because drivers should be able to easily make a claim if needed. Paying a lower premium isn't worth it if it results in less coverage and a frustrating customer service experience.

Plymouth Rock is committed to the highest levels of customer care. And, we put our money where our mouth is with our Pledge of Assurance®. If we ever fail to live up to our standards, in our opinion or yours, we’ll donate to your choice from a select group of charities.  Read more about the Pledge of Assurance® by clicking here.

Call 855-993-4470, get your free quote online, or find an agent to learn more about comparing rates in NJ to other states. If you need additional information it can be found on our Contact Us page.