Cheap Auto Insurance Quotes for High School Students in New Jersey

The model of vehicle that is being insured is one of the main factors that determines whether or not you can buy cheap auto insurance for high school students in New Jersey. Vehicles with high performance, a lack of safety features, or a high likelihood of having liability claims will cost quite a bit more to insure than more economical and safe models.

The information below illustrates coverage prices for a handful of the most budget-friendly automobiles to insure in New Jersey.

Price data assumes single female driver age 17, no speeding tickets, no at-fault accidents, $1000 deductibles, and New Jersey minimum liability limits. Discounts applied include safe-driver, and claim-free. Estimates do not factor in specific New Jersey garaging location which can influence rates considerably.

Prices above based on single female driver age 17, no speeding tickets, no at-fault accidents, $1000 deductibles, and New Jersey minimum liability limits. Discounts applied include safe-driver, and claim-free. Rate information does not factor in specific New Jersey garaging location which can raise or lower insurance rates noticeably.

Data rating is based on single female driver age 17, no speeding tickets, no at-fault accidents, $1000 deductibles, and New Jersey minimum liability limits. Discounts applied include safe-driver, and claim-free. Prices do not factor in vehicle location which can modify auto insurance rates substantially.

Finding out which company offers the most affordable car insurance rates for high school students requires a bit more work in order to find coverage that fits your buget.

Every car insurance company has a proprietary method to set policy rates, so we’ll go over the car insurance companies with the most affordable rates in New Jersey. Keep in mind that New Jersey car insurance rates are determined by lots of factors which can substantially decrease or increase the price you have to pay. Simply having another birthday, buying a new vehicle, or getting a ticket for running a stop sign may generate price changes resulting in some rates now being affordable when they were higher priced.

Best Car Insurance Prices for Students

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21st Century quotes some of the lowest car insurance rates in New Jersey at around $1,111 annually. Travelers, New Jersey Manufacturers, Penn National, and Palisades also are some of the more affordable New Jersey auto insurance companies.

As illustrated above, if you are a customer of Penn National and switched to 21st Century, you might achieve yearly savings of around $214. Customers with Palisades may save as much as $230 a year, and California Casualty policyholders might cut rates by $370 a year.

To find cheap auto insurance for high school students in New Jersey for your vehicle, click here to begin a quote or quote prices from the following companies.

These premium estimates are averages across all types of insureds and vehicles and and are not figured with a price increase for high school students. So the car insurance company that is best suited for you may not even be featured in the chart above. That’s why you need to compare as many prices as possible using your own individual information.

Price comparison of only insuring for liability

Finding cheap auto insurance for high school students in New Jersey is important to most vehicle owners, and one of the best ways to find cheap insurance is to not insure for full coverage. The example below illustrates the comparison of insurance premiums with full physical damage coverage compared to only buying the minimum liability limits required in New Jersey. The costs are based on no accidents, no driving violations, $500 deductibles, drivers are not married, and no discounts are applied.

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On average, full coverage on your policy costs $2,257 per year more than carrying just liability coverage. That is a big expense that brings up the question if physical damage coverage is worth the money. There is no written rule of when to stop paying for comprehensive and collision coverage on your policy, but there is a broad guideline. If the annual cost of comprehensive and collision coverage is more than 10% of the replacement cost of your vehicle minus the policy deductible, then you might want to think about dropping full coverage.

Insuring your vehicle with the top car insurance provider can be a challenge considering how many companies there are to choose from in New Jersey. The company information shown below could help you pick which insurers you want to consider when trying to find the cheapest insurance for high school students.

The rankings below only include large nationwide companies, so companies without a large exposure are not factored into this list. To compare price quotes from many more New Jersey auto insurance companies, simply click here.

Top 10 Large Auto Insurance Providers Overall in New Jersey

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

Top 10 Large Auto Insurance Providers in New Jersey Ranked by Claims Service

1. Progressive
2. USAA
3. Liberty Mutual
4. GEICO
5. State Farm
6. Nationwide
7. Allstate
8. 21st Century
9. The Hartford
10. Farmers Insurance

Who is cheaper: Allstate, State Farm, Progressive, or Geico?

If you want the best auto insurance for teenagers in New Jersey, four of the best places to start are Allstate, State Farm, Progressive, and Geico. All of them offer physical damage and liability coverage, but each has different features and discounts that may affect your buying decision. The following table points out ratings and policy coverage options you can buy with each company.