Paterson, NJ Car Insurance

Drivers in Paterson pay around $165 a month for their car insurance. To learn more about policy rates and coverage in the Paterson area, continue reading our guide below.
How does Paterson stack up to the rest of the area, or even New Jersey as a whole? What rates can residents of Paterson expect to pay for their car insurance? See what factors contribute to determining the average cost in our detailed charts and breakdowns below:  

How much is car insurance in Paterson?

Area Average Monthly Car Insurance Premium
Paterson$165
NJ$108
United States$80

As you can tell from the chart above, the cost of coverage in Paterson is about $57 a month more expensive than the rest of New Jersey.

The average cost of insuring your vehicle in Paterson is above the national rate. The average monthly payment in Paterson is about $85 more expensive than the rate for the rest of the U.S.

Although these are the average monthly costs for an auto insurance policy in Paterson, that doesn't mean it's exactly what you'll pay. There are a variety of factors that insurance companies consider when determining how much to charge you for insurance. 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 done the heavy lifting for you and broken down the average rate for Paterson so that you can get a more accurate idea of what your monthly bill might be. If you're not certain that you're getting the cheapest rate for your area, just enter your ZIP below to find out!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$271
25-34$150
35-44$142
45-54$137
55-64$131
65+$103

It makes sense that older drivers would have more experience behind the wheel, right? That experience can lead to some serious savings when it comes to car insurance premiums. As you can see, 18-24-year-olds pay $168 more than drivers 65 and older.

For every 10 years, you can expect to see a decrease in your monthly premium. Having said that, once you approach retirement your rates may start to rise again in Paterson.

Average Car Insurance Rates by Gender

Gender Average
Male$162
Female$170

Although women typically pay less than men do for auto insurance, this is not the case in Paterson, where female drivers pay around $8 more a month.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$218
Multiple Accidents$215
1 Ticket$199
Multiple Tickets$149

Depending on your driving record, your rates can vary quite a lot. A clean driving record will obviously get you a lower rate than one with accidents or infractions. In Paterson, having a single accident on your record will usually get you rates around $199 a month. Likewise, drivers with one ticket will be looking at a rate of around $218 a month on average.

Wherever you live, accidents, tickets, and other driving infractions will almost certainly drive up your monthly bill. Remember, the safer you are as a driver, the cheaper your car insurance will be.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$138
2-3 Years$163
4-5 Years$170
6-7 Years$155
8-10 Years$163
11-14 Years$165
15 Years or Older$170

If you look at the first table above, the cheapest vehicles to insure in Paterson are usually trucks and vans, at $152 per month.

Car owners will see a monthly bill of about $171, while SUV owners by and large pay around $154 per month.

Depending on how old your vehicle is, you can also expect to see slightly different rates. Generally, newer vehicles are going to be the most expensive to insure. However, once your car is around 5 years old, you might start to see your rates slide back down slightly. In Paterson, the most expensive vehicles to insure are vehicles fifteen years and older and four-to-five years old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$172
Married$139
Divorced$145
Widowed$131

Generally speaking, married policyholders will pay slightly less to insure their car. This can usually be attributed to their policies having multiple vehicles, a factor some companies will reward with discounts.

On a national scale, married drivers typically pay less than single drivers for auto insurance. Paterson is no exception, with the difference totaling to around $33 a month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$159
Rent$163
Live with parents$273

Another factor that comes into play is your living accommodations. If you rent your home or apartment in Paterson, expect to pay around $4 a month more than if you own property. But if you live with your parents, your rates will be significantly higher.

Bundling your home or rental insurance and auto insurance policies can oftentimes reduce your average premiums, depending on your insurance company.

Car Insurance Companies in Paterson, NJ

Recent trends in car insurance for Paterson 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 car insurance in Paterson dropped from 2016-2017, before leveling out in 2018. Insurance rates finished down in 2021, at $112 a month

How does Paterson compare to neighboring areas?

Why are car insurance rates in Paterson different from other areas?

There are several factors car insurance companies take into consideration when choosing how much to charge for a monthly rate. The specifics of your home address will have an impact on your personal policy. This might include things like:

  • Crime levels
  • Amount of off-street parking
  • Local laws
  • Total amount of drivers in the area
  • Number of car accidents

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. Different towns and cities will all have different average rates, so guides like these are a great place to get started.

How can I find the cheapest car insurance in Paterson?

In the end, the only way to know exactly what your rate will be is to request a quote from a car insurance company.

But wait! Compare.com has you covered. Just punch in your ZIP Code below, answer a few questions, and you'll be comparing the cheapest quotes from the many car insurance companies that offer plans in Paterson in no time.

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Paterson Insurance FAQs

What factors affect car insurance quotes in Paterson?

Car insurance companies calculate quotes based on a wide array of factors. These include things you can't control like your age and gender but also factors like your vehicle's year, make and model, plus your driving record, credit score, marital status, and address.

Why is the cost of car insurance in Paterson 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 Paterson?

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 Paterson?

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 Paterson 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?

Find your best rate in just a few minutes