Car Insurance with Bad Credit in New Jersey (2026)
Quick Answer
Bad credit in New Jersey increases car insurance by 73%, raising full coverage from $3,024/year to $5,232/year.
✓ Updated March 2026✓ Based on state insurance filings
Good Credit
$252/mo
Poor Credit (1.73x)
$436/mo
Best Companies for Bad Credit in New Jersey
| Company | Monthly | Annual | Best For |
|---|---|---|---|
| CheapestUSAA | $323/mo | $3,872/yr | Military families |
| Erie Insurance | $344/mo | $4,133/yr | Rate lock guarantee |
| GEICO | $358/mo | $4,290/yr | Clean driving record |
| Progressive | $384/mo | $4,604/yr | Telematics savings |
| State Farm | $397/mo | $4,761/yr | Good students |
| Travelers | $414/mo | $4,970/yr | Multiple discounts |
| Nationwide | $453/mo | $5,441/yr | Bundling home + auto |
| Farmers | $471/mo | $5,651/yr | Signal telematics |
| Allstate | $488/mo | $5,860/yr | Accident forgiveness |
| Liberty Mutual | $514/mo | $6,174/yr | New car replacement |
USAACheapest
Monthly
$323/mo
Annual
$3,872/yr
Best for: Military families
Erie Insurance
Monthly
$344/mo
Annual
$4,133/yr
Best for: Rate lock guarantee
GEICO
Monthly
$358/mo
Annual
$4,290/yr
Best for: Clean driving record
Progressive
Monthly
$384/mo
Annual
$4,604/yr
Best for: Telematics savings
State Farm
Monthly
$397/mo
Annual
$4,761/yr
Best for: Good students
Travelers
Monthly
$414/mo
Annual
$4,970/yr
Best for: Multiple discounts
Nationwide
Monthly
$453/mo
Annual
$5,441/yr
Best for: Bundling home + auto
Farmers
Monthly
$471/mo
Annual
$5,651/yr
Best for: Signal telematics
Allstate
Monthly
$488/mo
Annual
$5,860/yr
Best for: Accident forgiveness
Liberty Mutual
Monthly
$514/mo
Annual
$6,174/yr
Best for: New car replacement
These are estimates based on state averages. Your exact rate depends on your specific profile.
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