Paterson, NJ Car Insurance

In Paterson, the average full coverage car insurance costs $238 per month. Rates range from $192 to $566, depending on various factors like the driver's profile and vehicle type. To help drivers better understand potential expenses, the table below shows average car insurance costs for different driver profiles in the area.

Because insurers calculate premiums differently, for the most accurate estimate, you'll need to get quotes from multiple providers.

In Paterson, full coverage car insurance costs $2,839 per year, while minimum coverage is $1,657 annually. These rates are higher than New Jersey's averages, where full coverage is $2,399 and minimum coverage is $1,389. Residents may find Paterson's rates less affordable compared to the state's.

While premiums might be rising in the Garden State, you can still snag cheap car insurance in Paterson. Plymouth Rock Assurance offers the lowest rate for minimum coverage at just $59 per month. For full coverage, they also top the charts with a rate of $114 per month.

Plymouth Rock Assurance often offers the cheapest car insurance, but rates vary for each driver. To find the most affordable option, compare quotes from multiple providers. Below is a table showing the cheapest car insurance rates for different driver profiles.

Car insurance costs vary by company, so compare rates for the best deal in Paterson. Below, we detail affordable options for state minimum and full coverage plans.

Plymouth Rock Assurance offers the cheapest minimum coverage auto insurance at $59 per month. GEICO follows closely with a rate of $69 monthly. See the breakdown of the cheapest options in the table below.

Plymouth Rock Assurance offers the cheapest full coverage car insurance in Paterson at $114 per month. Explore more options from other providers listed below.

To find the cheapest car insurance in Paterson, we recommend getting quotes from several local companies. Plymouth Rock Assurance offers the lowest rate at $1,035 annually, while NJM stands out as the best cheap provider with a MoneyGeek score of 83. Check the table below for more options to consider in your search.

*Rates are for a 40-year-old driver with good credit and no driving violations.

Middle-aged drivers and younger seniors have the lowest car insurance rates, with pricing of $2,839 per year for 40-year-olds and $2,293 annually for 65-year-olds. Below, you can compare average rates for ages 16 to 65 in the city.

GEICO offers the cheapest overall car insurance for teens in Paterson, with full coverage costing $249 monthly, saving $138 compared to the state average. The table below highlights other affordable providers for this age group.

*Rates reflect 16 to 19-year-old drivers with good credit and no driving violations for full coverage policies.

Plymouth Rock Assurance offers young drivers in Paterson the best minimum coverage at $61 per month. For full coverage, they also provide the most affordable rate at $124 monthly. Check the table below to see which providers offer the cheapest rates for different young driver profiles.

Plymouth Rock Assurance offers the most affordable auto insurance for young drivers at $93 per month. Other companies also provide competitive rates, as shown in the table below.

*Rates are for 25-year-old drivers with good credit and no driving violations for both minimum and full coverage.

Plymouth Rock Assurance and NJM offer the cheapest car insurance options, but rates can vary based on factors like driving history and credit score. The table below shows the most affordable providers for different driver and coverage profiles that may suit you.

NJM offers the cheapest monthly premium for seniors at $80 when considering both minimum and full coverage. Plymouth Rock Assurance is the next affordable option at $81 per month. The table below shows options of the top car insurance providers for seniors in Paterson.

*Rates are for 65-year-old drivers with good credit and no driving violations for both minimum and full coverage.

When looking at high-risk driver profiles in Paterson, both minimum and full coverage rates are higher than the state average. Drivers with bad credit and DUIs face the steepest costs. While accidents and speeding tickets do affect rates, they tend to have less impact on overall costs.

Plymouth Rock Assurance offers the cheapest minimum coverage for drivers with a DUI at $782 per year. For full coverage, NJM is the most affordable at $1,854 annually. Check out the table below for more low-cost coverage options.

*Rates are for a 40-year-old driver with good credit and a DUI.

Plymouth Rock Assurance, NJM, and GEICO offer the cheapest car insurance for drivers with an at-fault accident in Paterson. For those seeking the cheapest auto insurance after an at-fault accident, these providers are top contenders. The table below shows different providers offering affordable car insurance coverage for drivers with an at-fault accident violation.

*Rates are for a 40-year-old driver with good credit an at-fault accident.

Plymouth Rock Assurance is the cheapest car insurance provider for drivers with a speeding ticket in Paterson, offering minimum coverage at $65 and full coverage at $129 monthly. Check the table below to see how other providers charge drivers with a speeding ticket on their record.

**Rates are for a 40-year-old driver with good credit and a speeding ticket.*

Plymouth Rock Assurance offers the most affordable rates for drivers with bad credit in Paterson, with minimum coverage at $121. NJM provides the lowest full coverage rate at $229. See the table below for other affordable options.

*Rates are for a 40-year-old driver with bad credit and no driving violations.

In the Garden State, each city follows car insurance minimums set by statewide mandates. Here's what your policy needs at a minimum:

• $25,000 for bodily injury liability per person.
• $50,000 for bodily injury liability per accident.
• $25,000 for property damage liability per accident.
• $15,000 personal injury protection (PIP) per person.

For example, if you're in a fender bender, this minimum coverage helps pay for injuries and damages, ensuring you're not left footing the bill alone.

Plymouth Rock Assurance shines as the most affordable car insurance in Paterson, with minimum coverage at just $59 and full coverage at $114. No matter your driving history, you'll find providers with competitive rates for every budget. Remember, your policy must include New Jersey's required coverage: bodily injury, property damage, personal injury protection, and uninsured motorist coverage. Compare quotes to secure affordable rates that still meet the Garden State's legal requirements.

This FAQ section offers quick answers to common questions about finding affordable and best car insurance options in Paterson. Learn about state minimum coverage and how to secure the best deals without breaking the bank.

MoneyGeek conducted an analysis of Paterson auto insurance prices using data from the New Jersey Department of Banking and Insurance and Quadrant Information Services.

Paterson Driver Profile

To assess the best and most affordable auto insurance options for Paterson residents, MoneyGeek used the following sample driver profile:

• 40-year-old male
• Clean driving history
• 2012 Toyota Camry LE
• 12,000 miles driven per year

By altering variables such as age, driving records and military status, MoneyGeek also found the top insurers for different types of drivers.

Coverage Levels in Paterson

In assessing the car insurance quotes for Paterson, we gathered data for both minimum and full coverage policies, ensuring each insurer conformed to New Jersey's mandated liability insurance parameters:

The minimum coverage requirements in New Jersey are:

• $25,000 for bodily injury liability per person.
• $50,000 for bodily injury liability per accident.
• $25,000 for property damage liability per accident.
• $15,000 personal injury protection (PIP) per person.

To assess rates for full coverage policies, MoneyGeek upped the coverage amounts to these limits:

• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• $100,000 property damage liability
• Comprehensive and collision coverage with a deductible of $1,000

MoneyGeek’s Scoring System

MoneyGeek scored insurers on a scale of zero to 100, factoring in customer satisfaction, cost-effectiveness, claims management, coverage options and financial stability.

Insurers received scores as indicated below, with a total possible score of 100 points:

• General customer satisfaction (up to 35 points)
• Affordability (up to 30 points)
• Claims experience (up to 20 points)
• Essential coverages (up to 10 points)
• Financial stability (up to five points)

We adjusted the scoring in certain categories as follows:

• In the best customer service category, affordability was assigned a score of zero, while the scores for customer satisfaction, claims and coverage received an additional 10 possible points each.
• For the best minimum coverage category, the maximum points for satisfaction were reduced to 25, and maximum points for affordability increased to 40.
• We calibrated the affordability scores based on the quoted rates, which varied with the sample driver’s age or driving record.
• We also made qualitative evaluations for instances where certain insurers had coverage options that their competitors did not offer.

MoneyGeek’s Sources

To gauge rates and assess the best service experiences among New Jersey providers, MoneyGeek utilized six sources:

• Quadrant Information Services provided actual policy quotes in Paterson
• J.D. Power's studies and the NAIC index contributed to the assessment of customer service
• Claims experience metrics came from J.D. Power and the CRASH Network’s report card
• AM Best and Demotech offered financial stability insights through their ratings

MoneyGeek gathered 50,284 quotes for the average driver across various ages, driving a Toyota Camry with a clean record, barring specific exceptions. Our study evaluated 14 insurance companies in Paterson. For more details on our methodology, please see MoneyGeek's methodology.