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How much is car insurance in Fort Lee?
|Area||Average Monthly Car Insurance Premium|
According to the chart above, the average cost of auto insurance in New Jersey is about $21 a month more expensive than it is in Fort Lee.
Drivers relocating the Fort Lee should take note of the differences in average rates. The cost of insuring a vehicle in Fort Lee is about $6 more expensive than the average rate for the rest of the U.S.
While these are the average car insurance rates for Fort Lee, you could end up paying something different. There are numerous factors taken into consideration by insurance companies when deciding the rate you'll pay for coverage. Variables like age, gender, vehicle make and model, driving record, and even credit score (depending on your area) can all be taken into consideration when determining your monthly premium.
We've broken down average rates for Fort Lee to help you understand what your policy's monthly premium will cost. And if you're not sure that you're paying the lowest option, simply enter your ZIP below and find out!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
The older you are, the more experienced you are on the roads. That experience can turn into some real savings when it comes to car insurance bills. As you can see, 18-24-year-olds pay about $18 more than drivers 65 and older.
As you get older, you can expect to see a drop in your monthly premium every 10 years. Once you hit retirement, however, you may see your rates climb back up a bit in Fort Lee.
Average Car Insurance Rates by Gender
In general, car insurance rates for women are usually cheaper than they are for men. The difference in average rates in Fort Lee totals about $5 a month. As illustrated in the table above, male drivers in the area pay about $88 on average, while female drivers pay around $83 each month.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
|Multiple Tickets||Not Enough Data|
Your rates can vary wildly depending on your driving record. Those with clean records will obviously pay less than those with infractions. Drivers in Fort Lee with one accident will pay around $96 a month. Likewise, if you have one ticket, you'll be looking at an average rate of around $108.
When it comes to your monthly bill, accidents, tickets, and other driving infractions can really take a toll. Remember, cheap car insurance rates are dependent on driving safely and keeping your record clean.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$79|
|15 Years or Older||$88|
In Fort Lee, the cheapest vehicles to insure are typically SUVs, with drivers paying around $84 per month for auto insurance.
SUV owners, on the other hand, usually pay around $84 per month, while truck and van drivers can expect to pay about $119 a month for auto insurance coverage.
You may also see different rates based on the age of your vehicle. Generally, the most expensive vehicles to insure are going to be newer ones. However, your rates may start to decrease if your car is close to 5 years old. The most expensive vehicles to insure in Fort Lee are vehicles four-to-five years old.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$84|
On average, those who have settled down into marriage will pay slightly less for car insurance. This usually boils down to owners having multiple vehicles on the same policy, something many companies offer special discounts for.
At a national level, married drivers usually pay less than single drivers for auto insurance. This holds true for Fort Lee as well, where the difference is around $6 a month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
One other element taken into consideration is your housing situation. If you rent your home or apartment, expect to pay around $4 a month more than if you own your own home in Fort Lee. But if you live with your parents, you can expect to pay a lot more.
Depending on your insurance company, they may offer you a discount if you bundle your home or renters insurance with your auto policy.
Car Insurance Companies in Fort Lee, NJ
Recent trends in car insurance for Fort Lee drivers
Given that average rates are often changing, it's a smart move to know the direction your area is trending when selecting an auto insurance policy.
In Fort Lee, auto insurance rates declined from 2016-2017, when they reached a low of $76. This leveled out in 2018, when they began to increase again. They finished up in 2021, at $89 per month
How does Fort Lee compare to neighboring areas?
Why are car insurance rates in Fort Lee different from other areas?
There are several factors car insurance companies take into consideration when deciding how much to charge for a monthly rate. While we already talked about the ones that affect your personal policy, others are based around where you park your car. These include things like:
- Number of car accidents
- Area laws
- Access to off-street parking
- Total number of drivers in the area
- Area crime rates
You can't change these factors yourself, but they're something to take into consideration when shopping for a new policy or looking to move into an area. With the knowledge 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 particular neighborhood.
How can I find the cheapest car insurance in Fort Lee?
While understanding what the average costs are for drivers like you can be helpful as you get an idea of what you might end up paying, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.
But wait! Compare.com has you covered. Just type in your ZIP Code below, answer a few questions, and you'll be comparing the cheapest quotes from loads of the car insurance companies providing policies in Fort Lee in no time.
Fort Lee Insurance FAQs
What factors affect car insurance quotes in Fort Lee?
Auto insurance companies take a wide array of factors into consideration when calculating your monthly payment. These include things like your vehicle's year, make and model, your age and gender, as well as your credit score, driving record, marital status, and address.
Why is the cost of car insurance in Fort Lee different from other neighboring cities?
Car insurance companies take local factors into consideration when determining how much to charge for coverage. Things like parking situations, crime rates, and local laws -- which can vary from city to city -- can significantly affect your rate.
Which car insurance company will offer me the cheapest rate in Fort Lee?
Since the factors that car insurance companies take into consideration when calculating the rate you might pay differ from person to person, there is no one insurance company that will offer the cheapest rate to everybody. Things like your driving record, the number of drivers on the policy, and vehicle make and model, plus a number of others, are all taken into account. Because of this, it's a good idea to use sites like Compare.com to compare multiple quotes at once.
Do I need to change my insurance if I move to Fort Lee?
Any major life event, whether it be moving to a new area, finding a new job, getting married, or any other notable event always presents a good opportunity to re-evaluate your current insurance policy. Regardless of your previous rate, there may be cheaper options in your new location, so it's a good 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. You can switch companies at any time, regardless of how long is left on your current policy. So, if you've recently moved to Fort Lee or it's been a while since you last compared car insurance rates, you may want to take 10 minutes and see if Compare.com can save you money.