Paterson, NJ Car Insurance

On average, Paterson drivers pay a monthly average rate of around $161 for their car insurance. We cover plan rates, policies and more in our guide below.
What should residents of Paterson expect to pay for their car insurance? How does Paterson stack up to the rest of the area, or even New Jersey as a whole? Discover the factors that go into calculating the average cost in our writeups and charts below:  

How much is car insurance in Paterson?

Area Average Monthly Car Insurance Premium
Paterson$161
NJ$106
United States$81

You can see in the chart above that it's around $55 a month more expensive to insure your vehicle in Paterson than it is in the rest of New Jersey.

Likewise, residents of Paterson might expect to pay higher rates for coverage than the rest of the country. It's around $80 more expensive to insure your vehicle in Paterson compared to the average rate for the rest of the U.S.

These rates provide a great starting point for understanding what to expect for your monthly payment, but there's no guarantee that this is what you will end up paying. There are a number of factors that determine how much insurance companies might charge you to insure your vehicle. Age, gender, vehicle make and model, driving record, and in some cases, your credit score, are all factored into assessing the final dollar amount you'll be asked to pay each month.

But don't worry, we've broken down the average rate for Paterson residents based on several different factors so that you can get a more accurate idea of your policy's monthly premium. To find out if you're getting the cheapest rate, just enter your ZIP Code below and find out in minutes!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$275
25-34$146
35-44$138
45-54Not Enough Data
55-64$126
65+$101

The more time you've spent on the road, the more experience you have. That experience can lead to some serious savings when it comes to car insurance rates. According to the table above, you can see that 18-24-year-olds pay two times as much as someone who is at retirement age.

Every ten years or so you can expect to see a decline in your monthly premium. Paterson drivers may see their rates creep back up once they hit retirement age.

Average Car Insurance Rates by Gender

Gender Average
Male$158
Female$165

While women typically pay less than men do for auto insurance, Paterson defies this trend. Female drivers typically pay around $7 more per month for auto insurance coverage than their male counterparts.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$211
Multiple Accidents$204
1 Ticket$170
Multiple Tickets$213

Your driving record can have a huge impact on your car insurance rates. Drivers with clean records will pay significantly lower rates than those with accidents or violations. The rate for drivers in Paterson with a single accident on their record is about $211 a month. On a similar note, drivers with one ticket on their record will be looking at a monthly rate of about $170 on average.

Accidents, tickets, and other driving infractions can really add up when it comes to how much you pay. 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$138
2-3 Years$148
4-5 Years$168
6-7 Years$155
8-10 Years$168
11-14 Years$158
15 Years or Older$161

As you can see in the first table above, the cheapest vehicles to insure in Paterson are by and large trucks and vans, which run about $141 per month.

Car owners can expect to pay an average of around $169 a month for their policy, while SUVs usually cost around $148 a month to insure.

You may also see different rates based on the age of your vehicle. Generally, newer vehicles are going to be the most expensive to insure. However, if your car is about 5 years old, you can expect to see your rates start dropping back down. In Paterson, the most expensive vehicles to insure are vehicles four-to-five years old and eight-to-ten years old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$167
Married$135
Divorced$144
Widowed$131

On average, those who are currently married will pay slightly less to insure their vehicle. This oftentimes is a result of owning multiple vehicles that are on the same policy, something that will often get you a discount.

Married couples, on average, pay less than single drivers do to insure their vehicles. This holds true in Paterson, with married couples paying about $32 less per month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$159
Rent$158
Live with parents$263

Another factor taken into consideration is your housing situation. If you rent your home or apartment, expect to pay around $1 less than those who own their own home in Paterson. Those who live with their parents, however, 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 Paterson, NJ

Recent trends in car insurance for Paterson drivers

Given that average rates are often changing, it's a smart move to know the direction your area is trending before shopping for coverage.

In Paterson, auto insurance rates have been steady over the past few years, reaching a low of $120 in 2021 and finishing up in 2022 with a high of $177.

How does Paterson compare to neighboring areas?

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

There are many factors car insurance companies take into consideration when figuring out how much to charge for coverage. Your insurance policy will depend largely on where you park your car and will be influenced by things such as:

  • Amount of drivers in the region
  • Area laws
  • Off-street parking access
  • General road safety (how many accidents each locality has)
  • Regional crime rates

You'll be hard pressed to change any of these factors yourself, but they're worth considering when thinking about the purchase of a new policy or a move. 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 Paterson?

While getting familiar with what the average costs are for drivers like you can be helpful as you get an idea of what you might pay, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.

But wait! Compare.com does all of that work for you. Just type in your ZIP below, answer a few questions about you and your car, and you'll be comparing the cheapest quotes from several of the car insurance companies providing plans in Paterson.

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Paterson Insurance FAQs

What factors affect car insurance quotes in Paterson?

The factors that car insurance companies take into account when calculating your monthly cost include things you can't control like your gender and age, but also factors like your vehicle's year, make and model, plus your marital status, address, credit score, and driving record.

Why is the cost of car insurance in Paterson different from other neighboring cities?

Auto insurance companies consider regional factors, such as parking situations, local laws, and crime rates 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 Paterson?

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 Paterson?

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 Paterson 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.

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