Best Insurance for Teen Drivers in New Jersey

One of the challenges that teen drivers face is finding affordable car insurance. In New Jersey, the average annual cost of car insurance for teens is $6,200 for females and $7,031 for males. However, this cost can vary depending on the insurance company, the coverage level, and other factors. In this paragraph, we will compare in detail the major auto insurance companies that have the best auto insurance for teen drivers in New Jersey and the average annual cost of insurance for teens offered by them.

According to our research, the cheapest car insurance option for 17-year-old drivers in New Jersey is Geico. Its average annual rate is $2,225 for females and $2,265 for males. Geico offers discounts for good grades, driver education, and defensive driving courses. Geico also has a low complaint ratio and a high customer satisfaction rating.

Another affordable option for teen drivers in New Jersey is New Jersey Manufacturers (NJM). Its average annual rate is $3,341 for females and $3,644 for males. NJM is a mutual company that returns dividends to its policyholders. It also offers discounts for good students, driver training, and multi-car policies. NJM has a high J.D. Power score and a low complaint ratio.

State Farm is the third cheapest option for teen drivers in New Jersey. Its average annual rate is $3,767 for females and $4,778 for males. State Farm offers discounts for good grades, driver education, safe driving habits, and multi-car policies. State Farm also has a good reputation for customer service and claims handling.

Other major auto insurance companies that offer competitive rates for teen drivers in New Jersey are Travelers, Allstate, Amica Mutual, Progressive, Farmers Insurance, and Palisades Group. However, these companies have higher average annual rates than Geico, NJM, and State Farm. The table below shows the average annual rates for 17-year-old female and male drivers offered by these companies in New Jersey.

| Company | 17-Year-Old Female | 17-Year-Old Male |

|---------|--------------------|------------------|

| Travelers | $4,435 | $5,057 |

| Allstate | $5,912 | $7,398 |

| Amica Mutual | $5,926 | $6,041 |

| Progressive | $8,388 | $9,336 |

| Farmers Insurance | $8,328 | $9,274 |

| Palisades Group | $8,769 | $9,668 |

As we can see from the comparison above, the major auto insurance companies that have the best auto insurance for teen drivers in New Jersey are Geico, NJM, and State Farm. These companies offer the lowest average annual rates and have good customer service and claims satisfaction ratings. Teen drivers should compare quotes from these companies and others to find the best deal for their situation.

Citations:

: https://www.usnews.com/insurance/auto/cheap-car-insurance-new-jersey

: https://www.thezebra.com/auto-insurance/new-jersey-car-insurance/geico-new-jersey/

: https://www.thezebra.com/auto-insurance/new-jersey-car-insurance/njm-new-jersey/

: https://www.thezebra.com/auto-insurance/new-jersey-car-insurance/state-farm-new-jersey/