Best Cheap Car Insurance Quotes for High Mileage Drivers in New Jersey

Best Cheap Car Insurance Quotes for High Mileage Drivers in New Jersey

Deciding which companies have the cheapest auto insurance rates for high mileage drivers calls for a little more work in order to find coverage that fits your buget. Each insurance company has a unique formula for establishing rates, so we’ll take a look at the overall cheapest auto insurance companies in New Jersey.

It’s a good idea to know that New Jersey auto insurance rates are impacted by many factors which can substantially decrease or increase the price you have to pay. Simply having a birthday, getting divorced, or getting a DUI may cause policy rate changes that can cause some rates to be affordable when they were higher priced.

Cheap Insurance Rates in New Jersey

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Who has the cheapest car insurance in New Jersey?
Rank Company Cost Per Year
1 21st Century $1,100
2 Travelers $1,145
3 New Jersey Manufacturers $1,297
4 Penn National $1,338
5 Palisades $1,354
6 California Casualty $1,437
7 Allstate $1,478
8 The Hartford $1,491
9 USAA $1,553
10 Mercury $1,587
11 Amica $1,832
12 Esurance $1,894
13 Progressive $1,938
14 MetLife $1,951
15 GEICO $2,196
16 State Farm $2,248
17 Encompass $2,374
18 Liberty Mutual $3,008
19 Hanover $3,869
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21st Century quotes some of the most affordable car insurance rates in New Jersey at around $1,100 annually. Travelers, New Jersey Manufacturers, Penn National, and Palisades also rank well as some of the cheapest New Jersey auto insurance companies.

As the example above demonstrates, if you are a customer of Penn National and switched to 21st Century, you could realize savings of roughly $238. Insureds with Palisades may save as much as $254 a year, and California Casualty insureds might realize rate reductions of up to $337 a year.

To get a quick, customized rate comparison, click here to begin a quote or quote rates from the companies below.

Understand that those policy prices are averages across all insureds and vehicles and and are not calculated with a price discount for high mileage drivers. So the auto insurance company that fits you best may not even be in the above list. That affirms the importance of why you need to get quotes using your own individual information.

One of the key things that establish the annual cost of car insurance is where you live. Areas with high crime rates or more dense population like Newark, West New York, and Union City will most likely have higher rates, whereas areas with less crime or weather claims benefit from lower coverage costs.

The table below rates the priciest cities in New Jersey for high mileage drivers in which to buy car insurance.

Where does New Jersey rank for car insurance cost?
Rank City Annual Rate
1 Newark $2,598
2 East Orange $2,495
3 West New York $2,456
4 Elizabeth $2,398
5 Union City $2,378
6 Hoboken $2,377
7 Paterson $2,376
8 Jersey City $2,345
9 Passaic $2,301
10 Clifton $2,299
11 Kearny $2,289
12 Bayonne $2,274
13 Camden $2,199
14 Perth Amboy $2,165
15 Linden $2,163
16 Fort Lee $2,123
17 Atlantic City $2,044
18 Hackensack $1,940
19 Sayreville $1,920
20 Plainfield $1,898
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Rate quotes are approximated as specific location information can raise or lower price quotes greatly.

The diagram below highlights how deductible selection can increase or decrease insurance costs when searching for cheap insurance for high mileage drivers. The premiums are based on a married female driver, comp and collision included, and no additional discounts are factored in.

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The chart above illustrates that a 50-year-old driver could reduce rates by $328 a year by switching from a $100 deductible to a $500 deductible, or save $496 by changing to a $1,000 deductible. Young drivers, like the age 20 example, could drop their prices up to $814 or even more by choosing larger deductibles on their policy.

When raising deductibles, it is necessary to have plenty of savings on hand to enable you to pay the extra out-of-pocket expense. That is the one drawback of using higher deductibles.