Trying to buy low-cost car insurance is not the easiest thing to accomplish, and figuring out which company has the most affordable insurance rates for 19 year olds takes more quotes for comparison. Each insurance company has their own unique process to establish rates, so to begin we'll rank the insurance companies that tend to have lower prices in New Jersey.
It's important that readers know that Newark, NJ insurance rates are based on many factors that control the cost of a policy. Things like having a birthday, becoming a homeowner, or getting a driving violation can produce rate changes resulting in some companies being more affordable than the competition.
Compare Cheap Insurance Quotes for Teens
21st Century generally has some of the best car insurance rates in Newark at around $1,111 per year. This is $741 less than the average rate paid by New Jersey drivers of $1,852. Travelers, New Jersey Manufacturers, Penn National, and Palisades are also some of the lowest-priced Newark, NJ insurance companies.
As the example above demonstrates, if you currently have coverage with Penn National and switched to Travelers, you might see savings of upwards of $147. Customers with Palisades could save as much as $163 a year, and California Casualty policyholders might cut rates by $246 a year.
To find out how much you can save, click here to begin a quote or visit any of the low-priced companies below.
It's important to note that these premium estimates are averaged for all insureds and vehicles and do not factor in a specific vehicle garaging location for 19 year olds. So the auto insurance company that can offer the best rates for your situation may not even be in the top 19 companies shown above. That underscores the importance of why you need to get rate quotes using your own personalized driver profile and vehicle information.
The vehicle model requiring insurance is one of the largest factors that determines if you can find cheaper auto insurance for 19 year olds. Vehicles with high performance features, a lack of modern safety features, or an increased likelihood of liability claims will cost quite a bit more to insure than more modest models.
The information below outlines car insurance rates for a handful of the cheaper automobiles to buy coverage for.
|Vehicle Make and Model||Estimated Cost for Full Coverage|
|Ford Escape Limited 2WD||$5,963|
|Honda CR-V EX-L 2WD||$5,970|
|Honda Accord EX-L 4-Dr Sedan||$6,373|
|Volkswagen Jetta S 2.5 Station Wagon||$6,383|
|Ford Edge SE 2WD||$6,502|
|Dodge Grand Caravan CV||$6,578|
|Ford Explorer Eddie Bauer 2WD||$6,586|
|Toyota RAV4 Limited 4WD||$6,987|
|Chevrolet Malibu Hybrid||$6,996|
|Ford F-150 SVT Raptor Super Cab 4WD||$7,063|
|Toyota Tacoma Double Cab 4WD||$7,071|
|Ford Focus SES 4-Dr Sedan||$7,322|
|Chevrolet Impala LTZ||$7,397|
|Toyota Camry XLE||$7,404|
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Premium data assumes single male driver age 19, no speeding tickets, no at-fault accidents, $1,000 deductibles, and New Jersey minimum liability limits. Discounts applied include safe-driver, and claim-free. Premium costs do not factor in vehicle location which can lower or raise auto insurance rates considerably.
Based upon the rates shown, cars like the Ford Escape, Honda CR-V, Honda Accord, Volkswagen Jetta, and Toyota Prius will be some of the most economical vehicles to insure for teenage drivers. The price for car insurance will trend higher because there is more risk for 19 year olds, but overall those vehicles will most likely have the cheapest car insurance rates that you'll find.
The chart below illustrates how choosing a deductible can influence yearly insurance costs when searching for cheap insurance for 19 year olds. The information is based on a married female driver, full physical damage coverage, and no discounts are factored in.
The data above shows that a 40-year-old driver could save $328 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $496 by switching to a $1,000 deductible. Young drivers, such as the Age 20 example, have the ability to save $814 annually by using higher deductibles when buying full coverage.
When using a larger deductible, it's a good idea to have additional funds in a savings account to be able to pay the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.
Insuring your vehicle with the top insurance provider is hard considering how many companies are available to choose from in Newark. The company information in the lists below may help you analyze which auto insurance companies you want to consider when trying to find the cheapest insurance for 19 year olds.
The ratings below are only made up of large insurance companies, so companies that have a smaller presence are not taken into consideration for these rankings. To get price quotes from these top-rated insurers and more, simply click here.
Top 10 Large Auto Insurance Companies Overall in Newark
- Mercury Insurance
- The Hartford
- State Farm
- Farmers Insurance
- Safeco Insurance
- 21st Century
Top 10 Large Auto Insurance Companies in Newark Ranked by Customer Service
- Mercury Insurance
- The Hartford
- American Family
- State Farm
- Farmers Insurance
Irresponsible driving raises your rates
The common sense way to maintain good insurance rates for teenage drivers is to be an attentive driver and avoid tickets and accidents. The diagram below shows how traffic citations and at-fault claims influence insurance costs for each different age group. The data is based on a single female driver, full coverage, $1,000 deductibles, and no discounts are applied.
The data above shows the average cost of auto insurance in Newark per year with no violations or accidents is $2,074. Add in one speeding ticket and the average cost hikes up to $2,353, an increase of $279 each year. Then include two accidents along with the one speeding ticket and the yearly cost of insurance for 19 year olds goes up to an average of $4,904. That's an increase of $2,830, or $236 per month, just for not driving attentively!
Ideas to find more affordable car insurance for 19 year olds
Here are some of the recommended thrifty suggestions that can help drivers quote cheaper auto insurance.
- Do not get traffic violations
- Being accident-free can lower rates significantly
- Vehicles with good safety ratings have lower liability rates
- Improve your credit score
- Increase your comprehensive and collision deductibles
- Compare rates once a year for cheaper prices
That last tip is remarkably vital, as we noted in the prior article. Car insurance rates in Newark can change in a short period of time, so don't be tentative to switch to a new company if a more affordable rate is found. Many drivers prefer to stick with one company, but it isn't a good idea if it's costing you a small fortune year after year. Take a couple minutes and compare rates and find cheaper insurance for 19 year olds.
The professional agents shown below can help you decide which auto insurance policy fits you best, since some drivers wish to have a consultation when shopping for the best coverage for 19 year olds. It's not always easy to find the best policy on your own, and getting advice from a licensed New Jersey insurance agent can give peace of mind knowing your coverage gives you sufficient coverage for your assets.
To find an agent closest to you, click the button at the bottom of the list.
Dependable Insurance Agency Inc
1030 S Orange Ave - Newark, NJ 07106 - (973) 372-0002
Newark Cheaper Auto Insurance
11 Mulberry St - Newark, NJ 07102 - (206) 337-9544
N J Insurance Underwriting
744 Broad St # 1100 - Newark, NJ 07102 - (973) 622-3838
Preferred Choice Insurance Agency
225 Newark Ave - Jersey City, NJ 07302 - (201) 616-7644
State Farm: Zanetta Glover
570 Broad St #114 - Newark, NJ 07102 - (973) 648-0699