New Jersey Skylands vs. Njm: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for car insurance, Njm offers significantly more affordable rates than New Jersey Skylands
• New Jersey Skylands offers more discounts than NJM Insurance Group
• Njm offers less expensive average prices for policyholders who live in the suburbs

New Jersey Skylands vs. 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 considerable discounts, you're probably wondering exactly how much you might be able to save.

You've maybe even narrowed your search down to New Jersey Skylands or Njm, but between the two, which carrier will save you the most?

As you can see, Njm is quite a bit cheaper than New Jersey Skylands, with premiums averaging $137 per month compared to $460 with New Jersey Skylands when looking at the national average rates for insurance.

That being said, Njm may not be the most affordable or best option for each driver out there. Auto insurance companies use a ton of complex algorithms to calculate rates, so depending on where you live or how old you are (among several other factors), you could see wildly different prices from the ones above.

Wanting to know if New Jersey Skylands or Njm is really the right carrier for you? Keep on reading to see how average premiums can change based on all of the factors we've mentioned above.

New Jersey Skylands or Njm: Average Car Insurance Rates by State

Both New Jersey Skylands and Njm only offer car insurance in New Jersey, so you'll see that the average figures here will mirror the ones we mentioned above. For New Jersey residents, Njm offers insurance for $137 monthly on average. New Jersey Skylands's average prices come out to be over 70% more expensive, at $460 a month.

Typically, where you live will play a hefty role in how much you pay for auto insurance, but since both companies only do business in New Jersey, many other factors will come into play when you compare New Jersey Skylands and Njm. Keep reading to find out more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- typically pay a lot for car insurance compared to older drivers. Usually, that's because young, inexperienced drivers are statistically much more likely to get into accidents since they have less experience on the roads.

However, that doesn't mean that teen drivers have to just accept sky-high insurance rates. As you can see above, teens who use Njm save more than $500 a month compared to those who use New Jersey Skylands.

Even so, with both carriers, you'll see your prices drop significantly once you turn 25. For example, average premiums for New Jersey Skylands policyholders decrease nearly 60% and Njm's rates reduce over 50% over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age generally enjoy some of the lowest car insurance premiums you'll ever see. After all, they've likely been driving for quite some time, which normally decreases their chances of accidents and other infractions that can increase prices.

When looking at New Jersey Skylands and Njm specifically, which company is best for retired drivers? Njm gets the edge, with rates for drivers 65 and older almost 75% cheaper than the national average for New Jersey Skylands.

Which is the Best Company for Married Drivers?

Did you know that auto insurance prices are typically more expensive for single policyholders than they are for married drivers? That's because policies for married couples generally cover several cars, which several companies will offer you a discount for.

When it comes to relationship status, Njm is the clear winner for those who are single, with premiums about $381 per month less expensive than New Jersey Skylands, on average. The advantage is also clear for married policyholders - Njm offers the cheapest average rates.

New Jersey Skylands vs. Njm: Average Rates by Gender

You may not know, but men normally pay more for car insurance than women do. This is because men are statistically more likely than women to get into an accident or get pulled over for speeding, which leads to increased risk for insurers and, therefore, higher prices.

Usually, women see premiums around $7 a month more affordable with New Jersey Skylands, and about $1 cheaper with Njm when compared to their male counterparts.

Looking at the data for each carrier specifically, Njm offers the most affordable average rates for both men and women, with average prices 70% less for men and 70% cheaper for women.

New Jersey Skylands or Njm: Compare State Minimum vs. Full Coverage Rates

*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.

For most people, auto insurance isn't the easiest topic to understand. There are so many different limits and coverages that it can make it pretty confusing to find the right policy.

But most policies that many drivers look at fall into two categories -- liability only (that covers bodily injury and property damage for other drivers and their passengers if you cause a collision) and full coverage (which usually refers to having comprehensive and collision coverages in addition to liability).

If you're looking for state minimum limits for liability insurance, Njm typically offers significantly cheaper rates of $92 compared to New Jersey Skylands's $297. When it comes to full coverage policies with similar limits, Njm again has the edge, with policies around $450 per month more affordable than New Jersey Skylands, on average.

Is New Jersey Skylands or Njm Better for Drivers with Spotty Records?

It's no big secret that drivers who are accident-free get better deals on their insurance. But even if you have a spotty record, you can still find plenty of ways to save some cash on your monthly bill.

It's no secret secret that collisions and tickets lead to higher premiums, but which company -- New Jersey Skylands or Njm -- has the cheapest rates for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

New Jersey Skylands policyholders can expect their premiums to go up an average of $67 a month if they get a ticket, while Njm normally raises prices about $29 per month, on average.

Even so, Njm tends to offer the best prices for drivers both with clean records and with a speeding ticket, offering premiums that are $198 and $236 less expensive, respectively, compared to New Jersey Skylands Insurance.

Which Company is Best for Drivers After an Accident?

New Jersey Skylands drivers who get in an accident can expect to see their prices rise by over 15%, while those who have insurance through Njm will see around a 0% increase.

Overall, Njm offers the lowest rates for drivers with an at-fault accident on their records, with monthly prices averaging $122 compared to New Jersey Skylands Insurance's $387.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge on your record, it's probably going to cost you more than a simple ticket or even a collision. For example, New Jersey Skylands increases average premiums by just under $450 a month -- that's over a 55% increase.

If you have a DUI on your record and are looking for more affordable rates, Njm tends to be the much cheaper option with average premiums of $151 per month compared to $747 from New Jersey Skylands.

How does Credit Score Impact New Jersey Skylands and Njm Rates?

In many cases, your credit score can come into play when carriers determine your monthly bill. This isn't always the case (Michigan, for example, has banned the use of credit score as a rating factor) but it might come into play for a lot of 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 rates, while those with poor credit will generally be forced to pay more.

Looking at New Jersey Skylands and Njm specifically, which one has the best prices for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have a solid credit score, you'll usually find a better deal with Njm. Drivers with "excellent" credit can save more than 70% compared to New Jersey Skylands, and those with "good" scores can also expect to see savings -- about $282 or 71% less expensive each month.

Which Company is Best for Drivers with Bad Credit?

Njm typically offers lower premiums than New Jersey Skylands when it comes to drivers with bad credit. Drivers with "fair" credit pay around $334 per month less with Njm compared to New Jersey Skylands, and those with "poor" scores usually save an average of about $435 a month.

Is New Jersey Skylands or Njm Better for Drivers who Work from Home or Have Short Commutes?

Did you know that the amount of time you spend in your car have a big impact on how much insurance carriers will charge for coverage? Generally, those who drive fewer miles will end up with more affordable rates since there's less of a chance of getting into an accident and causing an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much New Jersey Skylands charges. However, there's a small difference in monthly prices for Njm, with policyholders who drive 6,000 miles yearly paying around $11 less every month compared to those who drive 12,000 miles each year. Still, Njm is the cheaper option for drivers in both categories.

New Jersey Skylands vs. Njm: Compare Rates for Urban, Suburban, and Rural Drivers

Where your home is can play a substantial role in how much you pay for car insurance. Typically, policyholders who live in heavily-populated urban areas will pay quite a bit more than rural drivers due to the number of vehicles that are on the roads in those areas.

Njm boasts the lowest average prices for drivers in all types of areas, no matter if they're urban, suburban, or rural.

For policyholders in urban ZIP codes, Njm offers rates about $161 monthly compared to New Jersey Skylands's $555. People who live in suburban ZIP codes can expect to pay around $131 a month for Njm and $471 for New Jersey Skylands. Lastly, those in rural areas tend to get the most affordable prices from both companies, with average monthly premiums coming in at $117 and $355 for Njm and New Jersey Skylands respectively.

New Jersey Skylands vs. Njm Discounts

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

But with what seems like a million different discounts out there, it can be challenging to find all the ones you're eligible for or to nail down the company that has the most discounts for your unique driver profile.

In the section below, we've compared all of the different discounts offered by New Jersey Skylands and Njm so that you can see which company offers the most discounts and see which ones you might be able to take advantage of.

Looking at the total number of discounts, New Jersey Skylands comes out ahead with 18 discounts to Njm's 14.

A couple of those are overlapping for things like anti-theft discounts, discounts for being a defensive driver, and multi-policy discounts. New Jersey Skylands also offers advance quote discounts, company car discounts, distant student discounts, and more that Njm does not.

On the flip side, Njm has a couple unique discounts of its own -- ABS discounts, discounts for getting driver training, EFT discounts, and more.

Final Thoughts: Is New Jersey Skylands or Njm Best for You?

You've seen the effect certain variables have on your auto insurance and the different discounts carriers offer. But, when it comes down to it, which insurance carrier is the right one for you, your vehicle, and your wallet?

Njm might be best for you if....

• You have less-than-stellar credit.
• You live in an urban area.
• You have a short drive to work everyday.

New Jersey Skylands might be best for you if...

• You care about discounts (New Jersey Skylands offers the most).

We hope this guide has ben a valuable resource as you compare New Jersey Skylands and Njm and that it aids in making a more informed 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 a handful of companies, not just New Jersey Skylands and Njm. Luckily, Compare.com makes it easy for you to do just that. Simply enter your ZIP codes below and get multiple quotes from some of the best car insurance carriers in your area, all for free.

New Jersey Skylands vs. Njm FAQs

Is New Jersey Skylands or Njm cheaper?

Looking just at the national average rates, Njm is the less expensive of the two companies, offering average rates of $137 per month compared to $460 for New Jersey Skylands. That being said, Njm won't necessarily be the lowest company for every policyholder, since there are several different factors (things like driving record, age, gender, etc.) that play a role in how much you pay.

Who is better, New Jersey Skylands or Njm?

Unfortunately, the answer truly is "it depends.". One carrier is not "better" for each driver -- it all boils down to your unique insurance profile.

Why do New Jersey Skylands and Njm offer me different rates?

Auto insurance carriers take a look at lots of different variables when calculating the premiums they charge drivers. Factors such as your driving record, gender, where you live, age, and sometimes even things like your credit score can all be taken into consideration. Both New Jersey Skylands and Njm calculate prices using different variables, so each one will most likely offer different rates. The only real way to see which company is the most affordable for you is by comparing personalized quotes from a bunch of different companies.

How do I know if New Jersey Skylands or Njm is right for me?

The only way to find the car insurance carrier that's right for you is by getting quotes from several carriers and finding the one best suited for your individual budget. Luckily, sites like Compare.com do all the hard work for you. Just enter your ZIP code and you'll get free quotes from dozens of the best insurance companies in your area. With those, you can guarantee you're getting the cheapest premium. And who knows, the best company for you might not be New Jersey Skylands or Njm at all!

Methodology

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.