Newark Car Insurance

Your Complete Guide to Buying Newark, NJ Car Insurance

Find the right car insurance policy for you.

Newark, NJ, is a major US transport hub with major air, shipping and rail terminals. It has the largest container shipping terminal on the East Coast and boasts the country’s first municipal commercial airport. So getting in, out and around the largest city in New Jersey is an important part of life here. And when you are driving down the New Jersey Turnpike or the Pulaski Skyway, you want to know you have the right Newark, NJ car insurance protection.

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New Jersey Car Insurance Costs

  • National average cost per year: $1,311
  • New Jersey average cost per year: $1,595
  • 10th most expensive premiums in the US

Premiums in New Jersey are quite a bit higher than the national average, but you are likely to pay a higher or lower premium depending on a number of factors. Your age and driving record are obviously important. Where you live and the type of car you drive are also important.  With an average repair cost of more than $2,600 in New Jersey, you wouldn’t want to have to pay those costs yourself if you did have an accident.

New Jersey Car Insurance Requirements

  • Bodily injury liability: required
  • Property damage liability: required
  • Personal Injury Protection (PIP): required
  • Uninsured motorist: required
  • Minimum liability limits: 15/30/5
    • Coverage up to $15,000 per accident for one person
    • Coverage up to $30,000 per accident for all persons
    • Coverage up to $5,000 per accident for property damage

New Jersey has strict insurance laws, which probably explains the higher-than-average costs. There are stiff penalties for failing to meet these requirements. For the first offense: $300 to $1,000 fine, community service and driver's license suspension for 1 year. Subsequent offenses carry a 14-day jail sentence, driver's license suspension for 2 years, a fine of up to $5,000 and 30 days of community service. 

New Jersey Uninsured Motorists

  • National uninsured motorists: 12.6%
  • New Jersey uninsured motorists: 10.3%
  • Average vehicle repair cost in New Jersey: $2,687

The percentage of vehicle owners without required coverage in New Jersey is lower than the national average. Uninsured motorist coverage is required in New Jersey, and it can provide extra security. Knowing damages will be covered if an at-fault driver does not have liability insurance or the money to compensate you can give you peace of mind on the road.

Number of Thefts in New Jersey

  • National vehicle thefts (per 1,000 registered vehicles): 2.94
  • New Jersey vehicle thefts (per 1,000 registered vehicles): 2.17

The car theft rate in New Jersey is close to the national rate, but some common-sense precautions can decrease the risk of this type of loss. Park your car in secure or well-lit areas, and keep it locked at all times. Also, a comprehensive Newark car insurance policy will provide reimbursement for losses due to theft or vandalism. It will also protect you from losses due to falling objects, weather-related events, floods, and fires.

Compare Local Plans and Prices

Having Newark car insurance can help protect you and your assets and take the stress out of your daily life. An insurance agent from our network can get you competitive Newark car insurance quotes from several insurance companies and help you select the right coverage.

Contact a member agent today for your quotes so that when you drive off you'll know you have the protection you need.

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