New Jersey vs. Pennsylvania car insurance — average rates. Expect to pay less for auto insurance in Pennsylvania than you did in New Jersey. The average annual auto insurance rate in Pennsylvania is $423 more affordable than the cost in New Jersey.
Is car insurance more expensive in Pennsylvania?
Car insurance is moderately expensive in Pennsylvania. The typical auto insurance rate in Pennsylvania is $1,433 per year — just 0.4% more than the national average.
PENNSYLVANIA AUTO INSURANCE RATES BY COVERAGE.
|Coverage Level||Average Annual Rate|
|State Minimum — $500 Comprehensive/Collision||$1,278|
How much is car insurance in NJ for a new car?
The average cost of minimum coverage car insurance in New Jersey is $812 per year, or $68 per month. The cheapest minimum coverage car insurance quotes in New Jersey are offered by State Farm, which charges an average of $367 per year. State Farm’s rates cost 55% less than the statewide average for minimum coverage.
Why is auto insurance so expensive in New Jersey?
Car insurance in New Jersey is expensive because it’s a no-fault state with the highest population density of any state in the country. … As the cost of providing insurance goes up, the premiums insurers charge also rise. All insured drivers share the increasing cost of insurance.
Why is car insurance so expensive in PA?
Car insurance in Pennsylvania is expensive because it’s a no-fault state with a high population density. In Pennsylvania, you can expect to pay approximately $1,276 per year for full coverage car insurance or $413 per year for minimum coverage. … All insured drivers share the increasing cost of insurance.
Who has the best insurance rates in PA?
Best car insurance companies in Pennsylvania
|Car insurance company||Bankrate Score||Average annual premium for full coverage|
What is the most affordable auto insurance?
Cheapest car insurance from the largest companies
|Company||Average annual rate|
|2. State Farm||$550|
Who has the best car insurance rates in NJ?
Best cheap car insurance companies in New Jersey
|Car insurance company||Bankrate Score||Average annual full coverage premium|
Is Njm cheaper than Geico?
We obtained quotes from NJM Insurance for minimum and full coverage to determine its affordability. In both cases, the insurer’s prices were significantly cheaper than average.
How much is NJM auto insurance?
|Full coverage with one accident||$1,032|
How much is car insurance per year on average?
Car insurance rates by state
|Average cost of full coverage car insurance|
What state is the cheapest car insurance?
Which states have the cheapest car insurance? Iowa, South Dakota, Hawaii, Wyoming and Alaska are the states with the lowest rates for minimum car insurance. If living in a state with affordable auto insurance premiums is important to you, these states are some of the cheapest places to live for car insurance. Iowa.
How can I get cheaper insurance?
Follow our other top tips to drive the cost down even further.
- Limit your mileage. …
- Pay annually. …
- Improve security. …
- Increase your voluntary excess. …
- Build up your no claims bonus discount. …
- Only pay for what you need. …
- See if it’s cheaper to buy add-ons as separate products. …
- Consider your cover type.
What is the minimum auto insurance coverage in Pennsylvania?
Learn More About Pennsylvania Required Auto Coverage
The minimum limits for Pennsylvania auto insurance are: Bodily injury liability coverage: $15,000 per person, $30,000 per accident. Property damage liability coverage: $5,000. Uninsured motorist coverage: $15,000 per person, $30,000 per accident*
Is car insurance cheap in Pennsylvania?
For the minimum required coverage in Pennsylvania, prepare to pay an average of $630 each year. This average cost is cheaper than the national average by 4%. … Better insurance comes at a cost: in Pennsylvania, a comprehensive policy with a $1,000 deductible costs $1,247, 98% more than liability-only car insurance.
How much should I pay for car insurance at 19?
The average cost of car insurance for 19-year-olds is $6,182 per year, or $515 per month, for full coverage. Younger drivers are considered higher-risk and pay more for auto insurance than older drivers.