Amica Mutual vs. NJM: Which Company is the Best Fit for You?

Wondering if Amica Mutual or NJM is the best auto insurance carrier for you, your vehicle, and your wallet? We've broken down all the premiums and discounts for both companies to help you make a more informed decision. Read on to learn more.
Newly insured car driving down the road
Why You Can Trust trust shield

At, it's our mission to find simple ways to help our customers save money on the things they need. While we partner with some of the companies and brands we talk about in our articles, all of our content is written and reviewed by our independent editorial team and never influenced by our partnerships. Learn about how we make money, review our editorial standards, and reference our data methodology to learn more about why you can trust

Quick Facts

  • Based on national averages for car insurance, NJM offers significantly less expensive prices than Amica Mutual
  • NJM tends to be a much more affordable option for policyholders who live in urban areas
  • NJM offers cheaper average rates for drivers who have below-average credit

Amica Mutual or NJM: Which Company has the Cheapest Car Insurance?

Are you considering a new insurance policy? With so many ads from all sorts of companies offering huge savings, you're probably wondering exactly how much you might be able to save.

You might be considering Amica Mutual or NJM for your next policy, but between the two, which company will save you the most?

Amica Mutual NJM

Looking at the national average rates for both carriers, Amica Mutual is quite a bit more expensive than NJM, with prices averaging $359 a month compared to just $137 with NJM.

That being said, that doesn't necessarily mean NJM will be the more affordable option for each driver. Auto insurance companies use a ton of complex algorithms to determine rates, so depending on how old you are or how good your credit score is (among a multitude of other factors), you could see wildly different premiums from the ones above.

Luckily, we've broken down average prices from both Amica Mutual and NJM by lots of different rate factors, so read on to find out which company is the best for you.

Amica Mutual vs. NJM: Average Car Insurance Rates by State

State Amica Mutual NJM

Amica Mutual and NJM only compete against each other in New Jersey, where NJM offers the cheaper average rates. NJM drivers tend to pay about $289 per month less on average compared to drivers who use Amica Mutual for their car insurance.

But there's more to calculating insurance premiums than just the state you live in. Keep reading to find out more.

Find your best rate in just a few minutes

Which is the Best Company For Young Drivers?

Amica Mutual NJM
18-year-old drivers$700$266
25-year-old drivers$288$130

Young drivers -- especially teens -- usually pay a lot for car insurance compared to older drivers. That's because teen drivers are statistically much more likely to get into accidents since they have less experience on the roads.

Even so, that doesn't mean teen drivers can't still save money on their auto insurance. As you can see above, teens who use NJM save almost 60% a month compared to those who use Amica Mutual.

But both carriers will offer you dramatically lower prices by the time you turn 25. NJM offers the steepest decrease, with 25-year-olds paying less than half what 18-year-old drivers are charged. Amica Mutual's average rates drop nearly 60% during that same period.

Which is the Best Company for Retired Drivers?

Amica Mutual NJM
65+-year-old drivers$345$96

Drivers around retirement age normally enjoy some of the most affordable insurance premiums you'll ever find. After all, they've likely been driving for quite some time, which typically decreases their chances of collisions and other infractions that can raise prices.

When looking at Amica Mutual and NJM specifically, which carrier is best for retired drivers? NJM gets the edge, with rates for drivers 65 and older $249 cheaper than the national average for Amica Mutual.

Which is the Best Company for Married Drivers?

Amica Mutual NJM

You may not be aware, but auto insurance premiums tend to be less expensive for married policyholders than they are for those who are single. That's generally because married couples tend to own and insure multiple vehicles, which can often earn you a discount.

For single drivers, the difference in average prices between these two companies is significant, with NJM premiums coming in at around a third of Amica Mutual's. The advantage is also clear for married drivers - NJM offers the lowest average rates.

Amica Mutual or NJM: Average Rates by Gender

Amica Mutual NJM

Because women are less likely to get tickets and get into accidents, they are less likely to file a claim with insurance. So, women tend to pay less for insurance than men.

Usually, men see premiums about $6 per month higher with Amica Mutual, and around $1 with NJM.

Looking at overall affordability, NJM offers the cheapest average rates for both men and women. On average, male drivers save about $225 a month and women save about $220 with NJM compared to the average Amica Mutual policyholder.

Find your best rate in just a few minutes

Amica Mutual vs. NJM: Compare State Minimum vs. Full Coverage Rates

Amica Mutual NJM
State Minimum*$210$92
Full Coverage**$508$181

*State minimum value indicates liability-only policies at each state's minimum bodily injury and property damage (BI/PD) limits

**Full coverage indicates state minimum BI/PD limits with collision and comprehensive coverages added to policy.

It's no secret that car insurance can be pretty complicated. There are so many different coverages and limits that it can make it pretty confusing to find the right policy for you.

However, most policies end up falling into two different types of coverage -- liability coverage (which covers the other party's property damage and injuries if you cause a collision) and full coverage (which includes two additional coverages -- collision and comprehensive -- in addition to liability coverage).

Looking specifically at state minimum liability insurance, NJM has the significant edge, with average monthly prices coming in at $92. If you want a full coverage policy with the same state minimum limits, NJM again has the edge, with policies averaging around $181 per month to Amica Mutual's $508.

Is Amica Mutual or NJM Better for Drivers with Spotty Records?

It's no secret -- drivers with good records end up getting the best deals on their insurance. But that's not to say you can't save money if you don't have the best driving record, either.

It's no secret secret that speeding tickets and accidents lead to higher premiums, but which company -- Amica Mutual or NJM -- has the lowest prices for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Amica Mutual NJM
Clean Record$215$122
1 Speeding Ticket$268$151

Policyholders who use Amica Mutual for their car insurance can normally expect their monthly bill to go up about 20% after getting a speeding ticket. NJM policyholders can expect a less drastic increase of around 19%.

Even so, NJM tends to offer the best prices for drivers both with clean records and with a ticket -- their rates are around 43% more affordable for drivers with clean records and 44% less expensive for those with a ticket.

Which Company is Best for Drivers After an Accident?

Amica Mutual NJM
Clean Record$215$122
1 At-Fault Accident$254$122

Amica Mutual drivers who get in an accident can expect to see their rates rise by just under $40, while those who have insurance through NJM will see about a $0 increase.

At the end of the day, NJM offers the cheapest premiums for drivers with an at-fault collision on their records, with average prices coming in at $122 compared to Amica Mutual Insurance's $254.

Which Company is Best for Drivers with a DUI?

Amica Mutual NJM
Clean Record$215$122
1 DUI$699$151

If you get a DUI charge on your record, it's probably going to cost you more than a simple speeding ticket or even a collision. For example, Amica Mutual increases average rates by nearly $500 a month -- that's nearly a 70% increase.

But if you end up with a DUI charge and are looking for more affordable prices, NJM tends to be cheaper for the average driver, with monthly premiums coming in at around $151 to Amica Mutual's $699.

Find your best rate in just a few minutes

How does Credit Score Impact Amica Mutual and NJM Rates?

You may not have known, but your credit score can come into play when carriers calculate your monthly bill. This isn't true for everyone (Michigan, for example, has banned the use of credit score as an insurance factor) but it will come into play for quite a few policyholders.

The reasoning auto insurance companies use is that drivers with good credit will be more likely to pay their bills on time; so they'll reward them with cheaper premiums, while those with poor credit will usually be forced to pay more.

So, which carrier offers the best rates for policyholders with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

Amica Mutual NJM
Excellent Credit Score$249$100
Good Credit Score$299$117

If you have great credit, NJM will typically reward you the most. For drivers with "excellent" credit scores, NJM comes in just under 59.84 more affordable. Drivers with "good" credit scores generally save about 61% with NJM compared to average premiums from Amica Mutual.

Which Company is Best for Drivers with Bad Credit?

Amica Mutual NJM
Fair Credit Score$400$133
Poor Credit Score$540$196

NJM typically offers lower rates than Amica Mutual when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay around 67% per month less with NJM compared to Amica Mutual, and those with "poor" scores normally save an average of about 64% monthly.

Find your best rate in just a few minutes

Is Amica Mutual or NJM Better for Drivers who Work from Home or Have Short Commutes?

Amica Mutual NJM
6,000 Annual Miles$359$131
12,000 Annual Miles$359$142

How much you drive can have a pretty big impact on your monthly prices. Typically, the more milage you put on your car each year, the more you can expect to pay for insurance.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Amica Mutual charges. However, there's a small difference in monthly rates for NJM, with policyholders who drive the least paying around $11 less every month compared to those who drive 12,000 miles yearly. Still, for drivers in both categories, NJM is the less expensive company.

Amica Mutual or NJM: Compare Rates for Urban, Suburban, and Rural Drivers

Where you live can have a substantial impact on your monthly car insurance payment. Usually, policyholders who live in less densely populated rural areas will pay quite a bit less than urban drivers since there are a lot fewer vehicles on the roads where they live.

Amica Mutual NJM
Urban Areas$408$161
Suburban Areas$348$131
Rural Areas$321$117

When comparing these two carriers side-by-side, NJM generally comes out as the cheapest option for drivers in all types of areas, no matter if they're urban, suburban, or rural.

If you live in a rural area, you can expect to pay about $117 a month with NJM compared to Amica Mutual's $321. Drivers in suburban ZIP codes pay a monthly premium of around $131 with NJM compared to $348 with Amica Mutual. In urban areas, NJM's average premiums are about $161 a month compared to Amica Mutual's $408.

Amica Mutual vs. NJM Discounts

You want to save as much money as you can, right? The best way to do that is by utilizing as many auto insurance discounts as possible.

The challenging part is finding all of the discounts you qualify for, since it can feel sometimes like every company has different discounts and each one is advertised differently.

Luckily, we did the hard work for you and looked at all of the different discounts Amica Mutual and NJM offer their customers so that you can see which carrier can save you the most money each month.

Amica Mutual NJM
ABS Discount 
Anti-Theft Discount 
Defensive Driver Discount 
Driver Training Discount 
EFT Discount 
Employee Discount 
Full Coverage Discount 
Good Student Discount 
Multi-Policy Discount 
New Business Discount 
New Vehicle Discount 
Paid In Full Discount 
Passive Restraint Discount 
Telematics Discount 

NJM knocks Amica Mutual out of the park when it comes to the sheer number of discounts available, offering 14 different discounts to Amica Mutual's 14.

A couple of those are overlapping for things like. NJM also offers discounts for ABS, anti-theft, defensive driver, and more.

Amica Mutual's discounts come through just.

Find your best rate in just a few minutes

Final Thoughts: Is Amica Mutual or NJM Best for You?

So, we've broken down the average prices for many of the variables insurance companies look at, and walked through the different discounts each carrier offers, too. That's all well and good, but when it comes down to it, which company is the best one for you and your specific profile and needs?

NJM might be best for you if....

  • You have a clean driving record, free of collisions, tickets, or DUIs.
  • You're looking for discounts -- NJM has the most.
  • You don't spend much time in your car.

Amica Mutual might be best for you if...

  • You have a more unique driver profile than those we mentioned above.

Hopefully, this guide helps you get a better idea of the difference between Amica Mutual and NJM. We also hope we've given you the information you need to make the best decision about your car insurance.

But, at the end of the day, there's only one way to know for sure that you're getting the best possible deal on auto insurance -- comparing quotes from several carriers, not just Amica Mutual and NJM. Luckily, does all the hard work for you. Just enter your ZIP code below and get multiple quotes from some of the best insurance companies in your area, all for free.

Find your best rate in just a few minutes

Amica Mutual vs. NJM FAQs

Is Amica Mutual or NJM cheaper?

NJM is the cheaper of the two carriers when looking at national average rates, with policies averaging $137 per month with NJM and $359 for Amica Mutual. However, that doesn't mean NJM will be the lowest carrier for each policyholder, since there are multiple different factors (things like age, driving record, gender, etc.) that play a role in how much you pay.

Who is better, Amica Mutual or NJM?

Unfortunately, the real answer is "it depends.". No single company is "better" for every policyholder -- it all comes down to what your unique car insurance profile looks like.

Why do Amica Mutual and NJM offer me different rates?

Auto insurance companies use lots of different variables when determining the prices they charge. Factors such as where you park your car, age, where you call home, gender, and sometimes even things like your credit score can all be taken into consideration. Both Amica Mutual and NJM calculate rates using different formulas, so it's likely they'll offer different premiums. The best way to determine which carrier is the most affordable for you is by comparing personalized quotes from a variety of different carriers.

How do I know if Amica Mutual or NJM is right for me?

The only way to find the insurance company that's right for you is by getting quotes from multiple companies and finding the one best suited for your individual budget. Luckily, makes it easy for you to do just that. Just enter your area information and you'll get quotes from dozens of your local top auto insurance carriers for free. That way, you can guarantee you're getting the best rate. And maybe you'll find that the best carrier for you isn't Amica Mutual or NJM at all, but another you hadn't even thought of!


All of the data referenced in this article has been gathered in collaboration with Quadrant Information Services. We analyzed more than 2.5 million rows of carrier-reported data to calculate the average rates referenced above. All rates are based on an insurance profile of a single-vehicle policy for a driver that owns a 2016 Honda Accord. For more information on how we calculate rates, please reference our data methodology.

About's #1 goal is to save you money. We publish resources that are based on hard-hitting data and years of industry experience to help you make more informed decisions with your wallet.

  • All of's content is written and reviewed for accuracy by a team of experienced writers and editors who are experts on the topics they cover.
  • None of's content is ever influenced by the companies and brands we partner with.
  •'s editorial team operates independently of any of the company's partnership or business development interests. We publish unbiased information strictly for the benefit of our readers.
  • All of the content you see on is based on comprehensive analysis and all data is gathered and vetted from trustworthy sources.

Learn more about us, our team, and what makes us tick.

Find your best rate in just a few minutes