Table of contents
How much is car insurance in Neptune?
|Area||Average Monthly Car Insurance Premium|
Based on the chart above, you can see that it's about $22 a month cheaper to insure your vehicle in Neptune than it is in the rest of New Jersey.
Compared to the national average cost of auto coverage, Neptune has higher rates. It's about $5 more expensive than the national average to insure your vehicle in Neptune.
These rates may be the average amount residents of Neptune pay for their insurance policy, but that doesn't mean it's exactly what you'll pay. There are a variety of factors that car insurance companies consider to determine how much to charge you to insure your vehicle. 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.
We've done the heavy lifting for you and broken down the average rate for Neptune so that you can get a more accurate idea of what your monthly bill might be. To find out if you're getting the cheapest rate, just enter your ZIP below and find out in minutes!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
The older you are, the more experience you're likely to have on the roads, right? When it comes to auto insurance rates, that experience can help put some change back into your pocket. In this case, 18-24-year-olds pay $58 more than drivers 65 and older.
As you get older, you can expect to see a drop in your monthly premium every 10 years. That said, once you hit retirement, your rates may creep back up a bit in Neptune.
Average Car Insurance Rates by Gender
Car insurance rates for women are generally cheaper than they are for men. The difference in Neptune is about $8 a month. As illustrated in the table above, male drivers in the area pay about $89 on average, while female drivers pay around $81 each month.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Your rates can change quite drastically depending on your driving record. Those with fewer accidents and tickets will pay a lot less than those with multiple infractions. Drivers in Neptune with a single accident on their record will usually see rates around $107 a month. In addition, drivers with a single ticket on their record can expect to pay around $131 a month on average.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||Not Enough Data|
|15 Years or Older||$84|
In Neptune, the cheapest vehicles to insure are by and large SUVs, with drivers paying around $72 per month for insurance coverage.
Truck and van drivers will see rates of about $78 for car insurance, while car owners usually pay around $91 per month.
Your vehicle's age has an impact on the cost of your policy as well. Generally, newer vehicles are going to cost the most to insure. However, if your car is about 5 years old, you can expect to see your rates start dropping back down. In Neptune, the most expensive vehicles to insure are vehicles two-to-three years old and eight-to-ten years old.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$89|
Generally, those who are currently married will pay slightly less to insure their vehicle. This usually boils down to owners having multiple vehicles on the same policy, something some companies will reward with discounts.
Married couples, on average, pay less than single drivers do to insure their vehicles. This holds true in Neptune, with married couples paying about $13 less per month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$103|
Your living accommodations is another component of how insurance companies calculate your monthly rate. Homeowners and renters alike can expect to pay about $84 per month for coverage in Neptune.
Bundling your home or rental insurance and auto insurance policies can oftentimes reduce your car insurance costs, depending on your insurance company.
Car Insurance Companies in Neptune, NJ
Recent trends in car insurance for Neptune drivers
Average rates are constantly changing, so it's a good idea to know the direction your area is trending when choosing when and where to shop.
The cost of auto insurance coverage in Neptune rose from 2016-2017, where it reached a high of $95, before leveling out in 2018. Policy premiums had been increasing again in 2019, and finished down at $61 in 2021.
How does Neptune compare to neighboring areas?
Why are car insurance rates in Neptune different from other areas?
Car insurance companies will take into account several factors when they're choosing how much to charge for a policy. Your insurance policy will depend largely on where you live and drive and will be influenced by things such as:
- Off-street parking accessibility
- General road safety (how many accidents each locality has)
- Total number of drivers in the community
- Area regulations
A decent level of familiarity with these factors can be helpful when you're ready to purchase of a new policy or thinking about making a move. 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 Neptune?
In the end, the only way to know exactly what your rate will be is to request a quote from a car insurance company.
Good news! Compare.com can handle all of this for you. Just put in your ZIP Code below, answer a few questions regarding the factors mentioned above, and you'll be quickly comparing the cheapest quotes from loads of the car insurance companies offering plans in Neptune.
Neptune Insurance FAQs
What factors affect car insurance quotes in Neptune?
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 Neptune different from other neighboring cities?
Auto insurance companies consider regional factors, such as crime rates, local laws, and parking situations into account when calculating the monthly rate for coverage. Since these can all vary from city to city the rates you may see can differ from neighboring areas.
Which car insurance company will offer me the cheapest rate in Neptune?
Since the factors that go into calculating your monthly payment vary from person to person, there isn't one company that will always offer the cheapest rate to everybody. You can be confident that you're receiving the best price possible however, by using sites like Compare.com to compare multiple quotes at once.
Do I need to change my insurance if I move to Neptune?
Whenever you relocate or experience another major life event, such as finding a new job or getting married, you should consider revisiting your current insurance policy. Using services like Compare.com to compare quotes from multiple companies at once is a great way to make sure you're getting the cheapest rate for your new location.
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 Neptune 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?