Best Cheap Car Insurance with Multiple Speeding Tickets in New Jersey

When writing about shopping for auto insurance, the words “cheap” or “affordable” should not appear anywhere in the article to describe car insurance prices. Despite the oxymoron, cheap auto insurance with multiple speeding tickets does not exist. Don’t let that bother you, though, because we will teach you how you can still get coverage that is easy on your budget.

Deciding which insurers offer the best insurance rates with multiple speeding tickets will take a tad more effort than just comparing rates from one or two companies.

Every insurance company has a proprietary formula to determine premium rates, so we’ll go over the most affordable insurance companies in New Jersey. It’s important to understand that New Jersey insurance rates are determined by lots of factors which can substantially change the price you have to pay. Simply turning a year older, buying a home, or getting a reckless driving citation may prompt premium changes resulting in some companies being more affordable than the competition.

Best Auto Insurance Prices with License Points

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21st Century quotes some of the best car insurance rates in New Jersey at around $1,111 each year. Travelers, New Jersey Manufacturers, Penn National, and Palisades also qualify as some of the most economical New Jersey insurance companies.

As the rates illustrate above, if you are a policyholder with Penn National and switched to 21st Century, you might achieve savings of in the vicinity of $268. New Jersey drivers with Palisades could save as much as $284 a year, and California Casualty customers might see rate reductions of $384 a year.

To find the best cheap car insurance with multiple speeding tickets in New Jersey, click here to start your custom quote or quote rates from the companies below.

Understand that those estimates are averages across all drivers and vehicles and and are not figured with a rate decrease with multiple speeding tickets. So the car insurance company that has the cheapest rates for you may not even be shown in the company chart above. That is why you need to compare as many prices as possible using your own personalized driver profile and vehicle information.

After a few driving violations, one of the more important factors that helps auto insurance companies calculate the cost of insurance is where you keep your car. More densely populated places like East Orange, Paterson, and Union City tend to have more expensive car insurance rates, whereas cities that are not as densely populated benefit from lower prices.

The next table sorts the highest-priced areas in New Jersey with multiple speeding tickets to purchase car insurance in.

Annual rates are estimated as specific New Jersey zip code can lower or raise auto insurance rates substantially.

The make and model of vehicle driven is one of the main factors when quoting the best cheap car insurance with multiple speeding tickets in New Jersey. Vehicles with lower acceleration and performance, advanced safety features, or a low likelihood of having liability claims will cost substantially less to insure than fast, unsafe models. The list below estimates insurance prices for a selection of the more afforable automobiles to insure in New Jersey.

Data rating is based on married male driver age 40, two speeding tickets, no at-fault accidents, $500 deductibles, and New Jersey minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, and multi-vehicle. Price information does not factor in specific New Jersey garaging location which can decrease or increase coverage prices substantially.

Based upon the rates shown, you can figure that makes and models like the Jeep Wrangler, Honda Accord, and Ford F-150 are most likely going to be the more affordable vehicles to insure after a few driving violations.

Reckless driving habits raise New Jersey insurance rates

The ideal way to receive the best cheap car insurance with multiple speeding tickets in New Jersey is to drive safe and avoid traffic citations and accidents. The illustration below highlights how speeding tickets and at-fault claims can influence insurance rates for each age group. The premium estimates are based on a married female driver, full physical damage coverage, $100 deductibles, and no additional discounts are factored in.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘One Speeding Ticket and No Accidents’, ‘One Speeding Ticket and Two Accidents’],[‘Age 20’, 4117,4593,8559],[‘Age 30’, 2881,3357,7321],[‘Age 40’, 2847,3319,7289],[‘Age 50’, 2495,2967,6933],[‘Age 60’, 2375,2849,6815],[‘Age 70’, 2561,3033,6999]]);var options = {title: ‘Effect of Violations and Accidents on New Jersey Car Insurance Prices’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in New Jersey’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

In the previous chart, the average cost of a car insurance policy in New Jersey per year with no violations or accidents is $2,879. Receive one speeding ticket and the average cost surges to $3,353, an increase of $474 each year. Now add in two accidents along with the one speeding ticket and the annual cost of insurance with multiple speeding tickets goes up to an average of $7,319. That’s an increase of $4,440, or $370 per month, just for a couple of infractions!

Get discount New Jersey car insurance rates

Auto insurance companies that sell the best cheap car insurance with multiple speeding tickets in New Jersey may also give you policy discounts that may potentially lower prices by as much as 30% if you meet specific criteria. A list of companies and their possible discounts are:

• GEICO discounts include federal employee, five-year accident-free, anti-theft, membership and employees, driver training, air bags, and defensive driver.
• Travelers offers premium reductions for continuous insurance, save driver, student away at school, driver training, and IntelliDrive.
• Farm Bureau may have discounts that include multi-vehicle, 55 and retired, youthful driver, safe driver, multi-policy, and renewal discount.
• Liberty Mutual has discounts for new graduate, hybrid vehicle, new vehicle discount, teen driver discount, exclusive group savings, multi-car, and good student.
• American Family may include discounts for mySafetyValet, defensive driver, good student, TimeAway discount, accident-free, air bags, and multi-vehicle.
• Progressive may offer discounts for good student, multi-vehicle, multi-policy, homeowner, online quote discount, continuous coverage, and online signing.

The example below shows the comparison of car insurance costs with and without discounts applied to the rates. The premium estimates are based on a female driver, one traffic citation and no accidents, New Jersey state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The lower bar shows the rates with marriage, passive restraint, continuous coverage, anti-theft, multiple vehicle, and vehicle safety discounts applied. When these discounts are applied to the policy premium, the the average amount saved on insurance with multiple speeding tickets is 28% or $914.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Female Driver No Discounts’, ‘Female Driver with Discounts’],[‘Age 20’, 4661,3343],[‘Age 30’, 3279,2365],[‘Age 40’, 3085,2221],[‘Age 50’, 2745,1975],[‘Age 60’, 2669,1921],[‘Age 70’, 3079,2209]]);var options = {title: ‘Comparison of Insurance Rates with Multiple Speeding Tickets’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#c096ca’, ‘#e1b7ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in New Jersey’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}

Geico, Progressive, State Farm, and Allstate: Who is cheapest?

When shopping for car insurance after a few driving violations in New Jersey, four good companies to start with are Geico, Progressive, State Farm, and Allstate. When added together, they make up over 45% of the entire U.S. market share. Each one has a unique set of features, discounts, and options that you can select from. The data below breaks down pricing and service ratings, plus some optional coverages offered by each one.

Cheap insurance quotes after a few driving violations

You have many ways to quote cheap insurance rates in New Jersey, but the most common are through an independent agent, a captive (or exclusive) agent such as Allstate or Liberty Mutual, or from a direct company like Geico. Each way has the same basic process, but shoppers should understand the differences in how they work.

Independent insurance agents work for many companies and can compare rates with all of them. Independent agents are appointed with more than one company and can give you a larger rate selection, which can give you a better chance of saving money. If the agent locates a cheaper price, they simply switch companies in-house and you can remain with the same agent.

A captive or exclusive agent is ‘exlusive’ to one insurance company like a Liberty Mutual or State Farm agent. This type of agents cannot shop your coverage around, so if the price isn’t competitive there isn’t much they can do.

Choosing to buy insurance direct means you bypass local insurance agents and instead buy from a direct company like Geico. Shopping direct may be good for consumers who do not have a lot of assets and have a good understanding of what insurance covers.

So what is the best way to find the best cheap car insurance with multiple speeding tickets in New Jersey? The majority of people assume that shopping direct results in the cheapest rates because there is no agent taking a commission, but in reality, that argument does not hold true. We could also assume that buying from an independent agent guarantees the lowest rates since they can quote with many companies, but that idea is not necessarily true either. In many cases, the exclusive agents have coverage prices that other insurance companies cannot touch.

Because there is so much variation in insurance prices, the guaranteed way to find out which one is cheapest is to get rate quotes and compare. To find the best rates, be sure to get quotes from all three types to have the best rate selection. For a list of companies offering online discounts, click here to view.