Core Insights - Car insurance rates in New Jersey vary significantly based on factors such as location, age, driving history, and type of coverage chosen [1][2][3] Cheapest Full Coverage Car Insurance - Companies like American Family and Farm Bureau consistently offer lower rates for full coverage car insurance in New Jersey [3][4] - Full coverage typically includes liability, collision, and comprehensive coverage, along with optional extras [2] Cheapest Liability-Only Car Insurance - Liability insurance is the minimum required coverage in New Jersey and is often the most affordable option [3][4] - This type of insurance covers bodily injury and property damage to others but does not cover the policyholder's own vehicle [3] Cheapest Car Insurance for Teens - Teen drivers face the highest insurance premiums due to their limited experience and higher accident rates [5][6] - Insurers may offer discounts for good grades, safe driving, and completion of defensive driving courses [5] Cheapest Car Insurance for Senior Drivers - Drivers in their 50s, 60s, and early 70s often enjoy lower rates, especially with a clean driving record [6][7] - Seniors may qualify for additional savings through safe driver programs and low-mileage discounts [7] Cheapest Car Insurance for Good Drivers - Good drivers, who have avoided accidents and traffic tickets, typically receive lower premiums [8] - Insurers may provide additional perks, such as accident forgiveness, for these drivers [8] Cheapest Car Insurance with One At-Fault Accident - An at-fault accident can significantly increase insurance rates, but some companies are more lenient, especially for first-time offenders [9][10] - Shopping around can help find affordable coverage even after an accident [9] Cheapest Car Insurance with One Speeding Ticket - A single speeding ticket may not drastically increase premiums, but it can vary by insurer [10][11] - Comparing quotes is advisable to find better discounts that may offset potential increases [11] Factors Determining New Jersey Car Insurance Rates - Key factors include driving record, coverage selections, and health insurance election [11][12] - Recent law changes have raised minimum coverage requirements, impacting overall costs [13] Unique Aspects of New Jersey Car Insurance - New Jersey is a no-fault state, which affects how claims are filed and can lead to higher rates [14] - The state offers unique programs like the Special Automobile Insurance Policy (SAIP) for low-cost coverage options [16] Recommendations for Lowering Car Insurance Costs - Shopping around and comparing quotes regularly can lead to significant savings [16] - Understanding available discounts and reevaluating necessary coverage can also help reduce costs [16]