Car Insurance in New Jersey
Numbers updated on
What New Jersey drivers pay, the legal minimum and which insurers cost the least.
- $157.the average monthly price for full coverage.
- 35/70/25.the minimum for liability limits.
- 7th of 51.ranks among the most expensive states (1st = highest).
How much car insurance costs in New Jersey
Drivers in New Jersey who buy full coverage pay $1,878 a year on average, or about $157 a month. Policies that carry just the legal minimum average $1,133 a year. The US average is $1,613 a year, so that figure runs 16% higher.
| Coverage in New Jersey | Per year | Per month |
|---|---|---|
| Liability | $1,133 | $94 |
| Collision | $545 | $45 |
| Comprehensive | $201 | $17 |
| Full coverage (all three) | $1,878 | $157 |
Source: NAIC 2024 Auto Insurance Database Average Premium Supplement (PDF).
New Jersey's legal minimum
In New Jersey, at least 35/70/25 liability is required. The limits are $35,000 per person hurt, $70,000 for all people hurt in a single crash and $25,000 for damage to another person's property.
Because New Jersey uses no-fault rules, your own policy covers the medical bills you incur after a crash, whoever caused it.
You need both uninsured and underinsured motorist cover.
Source: New Jersey DOBI, Standard Policy.
How many drivers in New Jersey have no insurance?
In 2023, about 14% of New Jersey drivers had no car insurance, the 20th highest share among the 51. If one of them hits you, uninsured motorist cover pays your bills.
More car insurance information for New Jersey
Originally written