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The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you. SHARE:

On This Page

Howard Kingsnorth/Getty Images April 06, 2022 Elizabeth Rivelli is a contributing insurance writer for Bankrate and has years of experience writing for insurance domains such as The Simple Dollar, Coverage.com and NextAdvisor, among others Maggie Kempken is an insurance editor for Bankrate. She helps manage the creation of insurance content that meets the highest quality standards for accuracy and clarity to help Bankrate readers navigate complex information about home, auto and life insurance. She also focuses on ensuring that Bankrate’s insurance content represents and adheres to the Bankrate brand. Bankrate logo

The Bankrate promise

At Bankrate, we strive to help you make smarter financial decisions. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money. Our content is backed by LLC, a licensed entity (NPN: 19966249). For more information, please see our Insurance Disclosure. Bankrate logo

The Bankrate promise

Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. We’ve maintained this reputation for over four decades by demystifying the financial decision-making process and giving people confidence in which actions to take next. Bankrate follows a strict , so you can trust that we’re putting your interests first. All of our content is authored by and edited by , who ensure everything we publish is objective, accurate and trustworthy. Our insurance team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most — price, customer service, policy features and savings opportunities — so you can feel confident about which provider is right for you. We guide you throughout your search and help you understand your coverage options. We provide up-to-date, reliable market information to help you make confident decisions. We reduce industry jargon so you get the clearest form of information possible. All providers discussed on our site are vetted based on the value they provide. And we constantly review our criteria to ensure we’re putting accuracy first. Bankrate logo

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Bankrate follows a strict , so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions.

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We value your trust. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. We maintain a firewall between our advertisers and our editorial team. Our editorial team does not receive direct compensation from our advertisers.

Editorial Independence

Bankrate’s editorial team writes on behalf of YOU – the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information. Bankrate logo

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You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey. Bankrate follows a strict , so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. Bankrate logo

Insurance Disclosure

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. As drivers in Newark know, can be expensive. The average cost of car insurance in Newark is $1,487 per year for full coverage, or $123 per month. The average minimum coverage policy costs $632 per year, or $52 per month. Although minimum coverage has the cheapest rates, it’s not often recommended by insurance agents as it provides limited coverage. Compare rates and save on auto insurance today! Get quotes Close X RatesRates keep going up in 2022. Compare rates and save on auto insurance today! Get quotes Close X This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Compare auto insurance rates

Answer a few questions to see personalized rates from top carriers. Save on auto insurance with quotes from trusted providers like: Drivers switch & save an average of $750+/year Arrow Right Are you overpaying for auto insurance? Arrow Right Safe drivers choose Allstate Arrow Right Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. See more providers in Choose from insurers in Show More RATE INCREASE ALERT

Rates increased up to 12% this year

Shop for a better rate before you renew your current policy. This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Compare auto insurance rates

Answer a few questions to see personalized rates from top carriers. Save on auto insurance with quotes from trusted providers like: Drivers switch & save an average of $750+/year Arrow Right Are you overpaying for auto insurance? Arrow Right Safe drivers choose Allstate Arrow Right Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. See more providers in Choose from insurers in Show More Fortunately, there are a handful of cheap car insurance companies in Newark that offer more affordable rates. To help you find the best and cheapest car insurance in Newark, Bankrate did some research and compared providers using our methodology. According to Bankrate’s 2021 study of quoted annual premiums, NJM offers the best and most affordable car insurance in Newark.

Best cheap car insurance companies in Newark

The in Newark with the lowest rates are NJM, State Farm, Travelers and Geico, based on 2021 data from Quadrant Information Services. After finding average rates, we reviewed the carriers in-depth and assigned each company a Bankrate Score out of five points. Bankrate Scores are calculated based on claim handling, financial strength, affordability, online and mobile tools and other factors. Although most drivers prioritize cost when comparing for insurance carriers, keep in mind that the best car insurance companies in Newark are not always the . For example, if you are looking for a carrier with excellent customer service or specific add-on policies, you might have to pay a slightly higher premium to get what you want. Insurance company Bankrate Score
(Mid-Atlantic region) Average annual premium for full coverage Average annual premium for minimum coverage 4.6 867/1,000 $1,704 $501 4.7 851/1,000 $1,862 $1,099 4.7 836/1,000 $1,903 $991 4.7 835/1,000 $1,995 $858

NJM

NJM, which stands for New Jersey Manufacturers Insurance, is the in Newark, and it’s one of the best providers among those we reviewed. It was rated the top carrier for overall customer satisfaction in the Mid-Atlantic region in J.D. Power’s Auto Insurance Study. The company also stands out for its add-on policies, like gap insurance, rideshare coverage, new car replacement and pet coverage. Plus, there are lots of discounts available that can help you get a lower rate. Learn more:

State Farm

State Farm is consistently rated as one of the best car insurance companies in the country, and in New Jersey. The company is rated above average for overall customer satisfaction by J.D. Power, and is known for its excellent customer service, with a network of 19,000 agents around the country. Unfortunately, State Farm’s average rates in Newark are on the expensive side, but there are a wide variety of discounts available for additional policy savings. Learn more:

Travelers

Travelers does not have the cheapest rates in Newark, but it’s still worth considering, especially if you are looking for an insurance company with great endorsements. Travelers sells many different add-on coverages, like accident forgiveness, new car replacement, gap insurance, roadside assistance and a few others. Travelers also has some good discounts, and it’s the only provider on our list that offers savings for electric/hybrid vehicles. Learn more:

Geico

Geico has the most expensive premiums in Newark for full coverage insurance on our list. The good news is that you can likely get a much lower premium by taking advantage of Geico’s discounts. There are savings for military service members, federal employees, good students, affinity group members, policy bundling, and having certain safety features in your vehicle, like airbags, anti-lock brakes, daytime running lights and an anti-theft device. Learn more:

How to get and keep the cheapest car insurance in Newark

Finding the cheapest car insurance in Newark can take some work. But after you lock in a low rate, you need to work to maintain it. Car insurance rates can increase every time your policy renews due to changes in your driving record and credit score (in most states), for example. Here are a few tips for finding and keeping the cheapest car insurance rate for your circumstances. Compare rate quotes. Car insurance providers charge different rates for coverage. To find the cheapest policy for you, get multiple rate quotes for the same type and amount of coverage and compare them. Maintain a clean driving record. Insurance providers often reward customers who have clean driving records with lower premiums. To keep your rate low over time, focus on safe driving habits and avoid tickets and accidents.

Frequently asked questions

What is the best car insurance company

The depends on your unique needs and budget. Some companies are the best for customer service, some are the best for cheap policies and others are the best for high-risk drivers. To find the best provider for you, it’s important to shop around and compare providers using your criteria for what makes a carrier “the best.”

How much car insurance do I need in Newark

At the minimum, you must purchase the . Beyond that, it becomes a personal decision about the ratio of risk to protection. Figuring out can be tricky. To start, consider what would happen if your vehicle were totaled. Between your auto policy and your personal finances, would you be ok financially? If not, you may want more coverage.

How can I lower my car insurance rates in Newark

Drivers in Newark pay less for car insurance than the . However, there are a variety of ways to get a lower premium if you feel that you are paying too much. To get a cheaper rate, consider raising your deductibles (if it makes sense financially), improving your credit score, taking a defensive driving course, paying your premium in full or bundling your policies.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits: $100,000 bodily injury liability per person $300,000 bodily injury liability per accident $50,000 property damage liability per accident $100,000 uninsured motorist bodily injury per person $300,000 uninsured motorist bodily injury per accident $500 collision deductible $500 comprehensive deductible To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually. These are sample rates and should only be used for comparative purposes.

Bankrate Score

Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. We know it is important for drivers to be confident their financial protection covers the likeliest risks, is priced competitively and is provided by a financially-sound company with a history of positive customer support. To determine how well the best car insurance companies satisfy these priorities, third-party agency ratings from , , , NAIC, and Moodys had the most impact on the companies’ Bankrate Scores. As price is a common consideration for drivers, we analyzed quoted premiums based on 40-year-old male and female drivers with a 2019 Toyota Camry. This profile, assessed across more than 35,000 ZIP codes in the U.S., provided a basis on which drivers may compare each provider. While coverage options, insurer availability, affordability and customer experience are often the top priorities, Bankrate also analyzed each insurer’s online and mobile resources for policy management and claims handling. Insurance is rapidly evolving to keep pace with our digital world, so these aspects also carried weight in determining Bankrate Scores. SHARE: Elizabeth Rivelli is a contributing insurance writer for Bankrate and has years of experience writing for insurance domains such as The Simple Dollar, Coverage.com and NextAdvisor, among others Maggie Kempken is an insurance editor for Bankrate. She helps manage the creation of insurance content that meets the highest quality standards for accuracy and clarity to help Bankrate readers navigate complex information about home, auto and life insurance. She also focuses on ensuring that Bankrate’s insurance content represents and adheres to the Bankrate brand.

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