Table of contents
How much is car insurance in Elizabeth?
|Area||Average Monthly Car Insurance Premium|
Car insurance policies across the rest of New Jersey are about $28 a month cheaper than the rates drivers pay in Elizabeth.
Drivers relocating the Elizabeth should take note of the differences in average rates. It's around $53 more expensive to insure your vehicle in Elizabeth compared to the average rate for the rest of the U.S.
Bear in mind that while these rates are the average costs for Elizabeth drivers, it doesn't mean that's what you'll pay. There are a variety of factors that insurance companies consider when determining how much to charge you for insurance. Things like gender, vehicle make and model, driving record, age and, in some areas, credit score can all affect the bill you'll see each month.
Don't sweat it however, we've broken down average rates for Elizabeth residents based on several different factors so that you can get a more accurate idea of the bill you'll see each month. If you're not certain that you're getting the cheapest rate for your area, just enter your ZIP below to find out!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
It's pretty safe to assume that the older you are, the more experience you have as a driver. That experience can lead to some serious savings when it comes to auto insurance bills. In this case, 18-24-year-olds pay $111 more than drivers 65 and older.
You can expect to see your monthly premium drop every 10 years or so. As you get closer to retirement, however, you may see your rates begin to go back up in Elizabeth.
Average Car Insurance Rates by Gender
On average, female drivers pay slightly less for car insurance than their male counterparts. This rings true in Elizabeth, where women pay around $5 less per month than men. As illustrated in the table above, male drivers in the area pay about $136 on average, while female drivers pay around $131 each month.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Your driving record can have a tremendous impact on your car insurance rates. Drivers with clean records can expect to pay less than those with accidents or violations. Drivers in Elizabeth with one accident will pay around $179 a month. In addition, drivers with a single ticket on their record can expect to pay around $148 a month on average.
Regardless of where you live, accidents, tickets, and other driving infractions can drive your monthly bill way up. So, if you want the cheapest rates, drive carefully and try to maintain a clean driving record.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$115|
|15 Years or Older||$135|
The most affordable vehicles to insure in Elizabeth are typically SUVs, which run about $121 per month.
Car owners, on the other hand, by and large pay around $141 a month, while truck and van drivers can expect to pay about $129 per month to insure their vehicle.
You can also expect to see slightly different rates depending on your vehicle's age. Generally, newer vehicles are going to cost the most to insure. Once your car is close to 5 years old, however, your monthly bill may start to dip back down. In Elizabeth, the most expensive vehicles to insure are vehicles four-to-five years old.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$136|
Generally speaking, those who are currently married will pay slightly less for auto insurance coverage. This occurs because insurance companies commonly award special discounts to policyholders with multiple vehicles that are on the same policy.
At a national level, married drivers usually pay less than single drivers for auto insurance. This holds true for Elizabeth as well, where the difference is around $16 a month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$188|
One other element taken into consideration is your housing situation. Renters can expect to pay around $17 a month less than homeowners in Elizabeth. But if you live with your parents, you can expect to pay a lot more.
That being said, many companies will offer you a discount if you bundle your homeowners or rental insurance policy with your auto insurance.
Car Insurance Companies in Elizabeth, NJ
Recent trends in car insurance for Elizabeth drivers
Since car insurance rates are constantly changing, it's a good idea to know the local trends in your area before choosing an insurance policy.
Auto insurance rates in Elizabeth declined from 2017-2018, before increasing from 2019-2020. They finished up in 2022 at $140.
How does Elizabeth compare to neighboring areas?
Why are car insurance rates in Elizabeth different from other areas?
Car insurance companies will take into account a number of factors when deciding how much to charge for a policy. The price of your insurance policy will depend largely on where you call home and will be influenced by things such as:
- Amount of drivers in the area
- Regional crime rates
- Off-street parking availability
- Road Safety (frequency of car accidents)
- Regional regulations
An awareness of these factors is important when thinking about buying a new policy or potentially moving to a new home. Realizing that different towns and cities will all have different rates, guides like these can be a good way to get a lay of the land of your corner of the world.
How can I find the cheapest car insurance in Elizabeth?
Equipping yourself with information about the average costs for drivers in your area will better prepare you for the real deal. The only way to know for sure what your rate will be is by asking for a quote from car insurance companies.
But wait! Compare.com does all of that work for you. Just put in your ZIP Code below, answer a few questions about you and your car, and you'll be comparing the cheapest quotes from a number of the car insurance companies providing policies in Elizabeth.
Elizabeth Insurance FAQs
What factors affect car insurance quotes in Elizabeth?
Quotes are calculated by car insurance companies who take multiple factors into consideration, including things you can't control like your age and gender, but also factors like your address, driving record, credit score, and marital status.
Why is the cost of car insurance in Elizabeth different from other neighboring cities?
Your address and the city you live in have a significant impact on how much a car insurance company might charge for your policy. Companies take into consideration things like parking situations, crime rates, and local laws when calculating your quote -- all of which can change from city to city.
Which car insurance company will offer me the cheapest rate in Elizabeth?
There isn't one company that will offer the cheapest rate to everybody. What companies will charge you are based on many different factors that vary from person to person, such as your driving record, what kind of car you drive, how many drivers will be on your policy, and a number of other factors. Because of this, it's a good idea to use sites like Compare.com to compare multiple quotes at once. That way, you can be confident you're getting the best price.
Do I need to change my insurance if I move to Elizabeth?
Whenever you move to a new area, or experience any other major life event such as getting married or finding a new job, it's always a good idea to re-evaluate your current insurance policy. Certain companies may offer larger discounts in certain cities, so it's a smart idea to use services like Compare.com to compare quotes from dozens of companies side-by-side.
Do I need to wait for my policy to expire to switch to a different car insurance company?
No. Regardless of how much time is left on your current policy, you can switch companies at any time. So, whether you're considering moving to Elizabeth or just curious if you're getting the best rates, why not take 10 minutes and see if Compare.com can save you some extra cash?