Wayne, NJ Car Insurance

On average, Wayne drivers pay a monthly average rate of around $81 for their car insurance. For more information refer to our guide below.
How does Wayne stack up to the rest of the area, or even New Jersey as a whole? What should residents of Wayne expect to pay for their car insurance? You can see the cost breakdowns and contributing factors in the charts and writeups below:  

How much is car insurance in Wayne?

Area Average Monthly Car Insurance Premium
Wayne$81
NJ$107
United States$80

Looking at the chart above, you can see it's around $26 a month cheaper to insure your vehicle in Wayne than it is in the rest of New Jersey.

On the flip side, Wayne residents should prepare to pay higher rates for coverage than the rest of the country. It's about $1 more expensive for coverage in Wayne than the average rates for the U.S. as a whole.

Bear in mind that while these rates are the average costs for drivers in Wayne, it doesn't mean that's what you'll pay. There are a variety of factors that car insurance companies consider to determine how much to charge you to get your vehicle insured. Your monthly premium is calculated based on things like age, gender, vehicle make and model, driving record, and in some cases, credit score.

Don't sweat it however, we've broken down average rates for Wayne residents based on several different factors so that you can get a more accurate idea of your policy's monthly premium. 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$153
25-34$77
35-44$76
45-54$68
55-64$74
65+$74

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 car insurance premiums. As you can see, 18-24-year-olds pay two times as much as drivers of retirement age.

You can expect to see your monthly premium drop every 10 years or so. Wayne drivers may see their rates climb back up a bit once they hit retirement.

Average Car Insurance Rates by Gender

Gender Average
Male$82
Female$81

Car insurance rates for women are generally cheaper than they are for men. While female drivers pay a bit less than male drivers on their monthly insurance rates, the difference in Wayne is only about $1 a month.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$88
Multiple Accidents$142
1 Ticket$184
Multiple Tickets$86

Depending on your driving record, your rates can vary wildly. A clean driving record will obviously get you a lower rate than one with accidents or infractions. In Wayne, a driving record with one accident will usually get you a rate around $88 a month. Similarly, if you have one ticket on your record, you will be looking at an average rate of around $184.

Regardless of where you live, accidents, tickets, and other driving infractions can greatly increase your premium. 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$57
2-3 Years$68
4-5 Years$85
6-7 Years$77
8-10 Years$93
11-14 Years$83
15 Years or Older$84

According to the first table above, the cheapest vehicles to insure in Wayne are by and large SUVs, at $79 per month.

Truck and van drivers will see rates of about $93 for auto insurance coverage, while car owners usually pay around $82 per month.

In addition to vehicle type, you can also expect to see slightly different rates based on how old your vehicle is. Generally, newer vehicles are going to be the most expensive to insure. However, once your car is a few years old, you might start to see your rates slide back down slightly. In Wayne, the most expensive vehicles to insure are vehicles eight-to-ten years old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$85
Married$74
Divorced$77
Widowed$73

More often than not, those who are currently married will pay slightly less for car insurance. This can usually be attributed to their policies having multiple vehicles, a factor some companies will reward with discounts.

The difference in rates based on relationship status in Wayne can be as much as $11 a month, so it's worth keeping that in mind.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$82
Rent$79
Live with parents$82

Your living accommodations is another factor that affects your monthly rate. Renters can expect to pay around $3 a month less than drivers who own property in Wayne. Those who live with their parents, however, can expect to pay a good deal more than their counterparts who rent or own.

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

Car Insurance Companies in Wayne, NJ

Recent trends in car insurance for Wayne drivers

Since car insurance rates are constantly changing, it's a good idea to know the local trends in your area before selecting an insurance provider.

The rates for car insurance in Wayne went up from 2016-2018, but began to decrease in 2019. This trend has continued through 2021 when rates have most recently reached $51.

How does Wayne compare to neighboring areas?

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

There are numerous factors car insurance companies will consider when figuring out how much to charge for a monthly rate. While we already mentioned the ones that affect your personal policy, others are influenced by where you park your car. These include things like:

  • Road Safety (how many accidents each locality has)
  • Local regulations
  • Local crime rates
  • Availability of off-street parking
  • Amount of drivers in the region

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. Get started with a guide like this to get familiar with the average rates of your area.

How can I find the cheapest car insurance in Wayne?

In the end, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies. Understanding what the average costs are for drivers prior to seeking out a quote can help you understand how closely the quote reflects local trends.

Good news! Compare.com does all of that work for you. Put in your ZIP Code below, answer a few questions, and you'll be comparing the cheapest quotes from several of the car insurance companies offering plans in Wayne.

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Wayne Insurance FAQs

What factors affect car insurance quotes in Wayne?

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

Why is the cost of car insurance in Wayne 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 Wayne?

No one insurance company is guaranteed to offer the cheapest rate across the board. Since companies base their rates on factors that differ from person to person, such as driving record, number of drivers on the policy, vehicle make and model, and many more, 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 Wayne?

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?

Not at all, in fact you can switch companies at any point, regardless of how much time is left on your current policy. If you're thinking about moving to Wayne or haven't checked out the latest rates in your area for some time, it might be worth your while to take 10 minutes and see if Compare.com can save you any cash.

Find your best rate in just a few minutes