Cheap Auto Insurance Quotes for Teachers in New Jersey

Wouldn’t this article be short if we could tell you the best company in New Jersey that has the lowest rates for teachers? It’s just not that simple, as there are a whole slew of unknown aspects such as if full coverage is needed, if you are currently insured, and if you have a clean driving record. In this article, we will teach you about the best ways to shop for cheaper coverage and will give you a good start to your coverage search.

Figuring out which companies offer the cheapest car insurance rates for teachers will involve more time in order to find the best price. Each company has their own unique process to determine rates, so let’s rank the most budget-friendly car insurance companies in New Jersey.

It’s important that you understand New Jersey car insurance rates are impacted by many factors that may substantially change the policy premium. Improving your credit rating, getting married, or getting caught speeding may generate price changes that can make some companies cheaper than competitors.

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21st Century has some of the most affordable car insurance rates in New Jersey at around $1,111 a year. Travelers, New Jersey Manufacturers, Penn National, and Palisades also qualify as some of the lowest-priced New Jersey car insurance companies.

As illustrated above, if you are currently insured with Penn National and switched to 21st Century, you may realize an annual premium reduction of about $227. Customers with Palisades may save as much as $271 a year, and California Casualty customers might see rate reductions of $326 a year.

It’s important to note that these estimates are averaged across all insureds and vehicles and do not take into consideration a rate decrease for teachers. So the auto insurance company that can offer the best rates for your situation may not even be in the above rate chart. That underscores the importance of why you need to compare prices as often as possible using your own individual information.

The make and model of vehicle you are buying coverage for is probably the biggest factor that determines whether or not you can buy economical car insurance for teachers. Vehicles with high performance, poor safety ratings, or a track record of large liability claims will cost much more to insure than more economical and safe models.

The information below shows coverage premiums for a number of the most affordable automobiles to insure in New Jersey.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and New Jersey minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, safe-driver, and multi-policy. Premium amounts do not factor in vehicle garaging location which can increase or decrease coverage prices noticeably.

Looking at the rates, vehicles like the Honda CR-V, Jeep Wrangler, and Chevrolet Traverse are going to be the more affordable vehicles to insure for teachers and educators.

One of the many considerations that is used by insurance companies to calculate rate quotes is where you live in New Jersey. Urban areas that are densely populated like Newark, Elizabeth, and Union City tend to have higher rates, whereas areas with less congestion generally benefit from lower insurance rates.

The following table lists the most costly cities in New Jersey for teachers to purchase a policy in.

Premium amounts are comparative as the specific geographic location can increase or decrease insurance rates substantially.

Discounts on cheap auto insurance for teachers in New Jersey

Insurers that offer cheap quotes for teachers may additionally offer policy discounts that can lower rates by as much as 25% or more if you meet the requirements. Companies and a selection of discounts are outlined below.

• Mercury Insurance offers discounts for multi-policy, professional/association, multi-car, ease of repair, anti-theft, and age of vehicle.
• Farmers Insurance policyholders can earn discounts including alternative fuel, mature driver, early shopping, switch companies, good student, electronic funds transfer, and homeowner.
• Farm Bureau offers premium reductions for 55 and retired, safe driver, driver training, good student, multi-policy, youthful driver, and multi-vehicle.
• State Farm offers discounts including Drive Safe & Save, defensive driving training, passive restraint, Steer Clear safe driver discount, good driver, multiple policy, and accident-free.
• Allstate may offer discounts for senior citizen, auto/life discount, anti-lock brakes, farm vehicle, and 55 and retired.
• GEICO has savings for good student, multi-vehicle, membership and employees, seat belt use, and anti-lock brakes.

The chart below compares insurance costs with and without discounts being applied to the rates. The costs are based on a female driver, no tickets, no at-fault accidents, New Jersey state minimum liability limits, comp and collision included, and $250 deductibles.

The first bar for each age group shows the price with no discounts. The second shows the rates with safe-driver, passive restraint, multiple vehicle, anti-theft, homeowner, and defensive driving course discounts applied. When discounts are applied, the the average yearly reduction on car insurance for teachers is 28% or $890.

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Which auto insurance company is best?

When it comes to buying auto insurance for teachers and educators, some of the largest companies to start with are Geico, Progressive, Allstate, and State Farm. The data below breaks down pricing and service ratings, as well as optional policy coverages that are available for customers.

How to find cheap auto insurance for teachers in New Jersey

Here are a few penny-pinching solutions that can help New Jersey drivers quote cheaper coverage.

• Drive safely
• Do not pay for full coverage on older vehicles
• Better credit rating means better rates
• Higher physical damage deductibles lower rates
• Having at-fault accidents will increase rates
• Drive a car with a high safety rating
• Shop around once a year for cheaper rates

The last tip is certainly important, as was stressed in the prior article. Prices can be adjusted at any time, so don’t be unwilling to change to a new company if a better rate can be found. Many drivers prefer to stick with one company, but we do not recommend it if your bullheadedness ends up costing you money that could be spent on other things. Take a few minutes and compare prices to find cheaper insurance for teachers.