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Get Cheap Car Insurance in South Broad Street, Newark, NJ
We monitor insurance prices, helping the average driver in South Broad Street save up to 37.9% on car insurance.
The Cheapest Minimum Coverage in South Broad Street
The chart below shows the cheapest car insurance company in South Broad Street for a driver with a good record seeking minimum coverage on a mid-grade used vehicle. Values are estimated, and premiums may be lower or higher, but should be in an accurate order for a good driver. In general, drivers with good records will get the best prices through State Farm, followed by Geico, Plymouth Rock Assurance, and NJM.
| South Broad Street Insurer | Monthly Cost |
|---|---|
| State Farm | $82 |
| Geico | $86 |
| Plymouth Rock Assurance | $105 |
| NJM | $124 |
Savings for Every Kind of South Broad Street Driver
Based on our extensive insurance data, we know the average South Broad Street driver will save about 26% on car insurance. This isn’t marketing: this is unbiased data with no financial influence. The best auto insurance company depends on factors such as your driving record, home location, credit score, marital status, and age. The average driver will find themselves saving $649 per year by choosing the right vehicle insurance company. Some South Broad Street residents are paying out over $2,478 extra every year for auto insurance in South Broad Street. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
South Broad Street, Newark, NJ Savings / Yr. |
|---|---|
$649 |
|
$1,205 |
|
$925 |
|
$798 |
|
$3,205 |
|
$625 |
|
$971 |
South Broad Street Car Insurance vs. Newark
People living in South Broad Street pay an average of 36.43% more than the typical driver in the state. The average driver in South Broad Street can expect to pay about $1,478 per year, or $2,478 for full coverage.
Based on our analysis, Geico will be the cheapest provider in South Broad Street for most people.
Car Insurance Prices by South Broad Street Neighborhood
Insurance Prices
Where is insurance cheapest within South Broad Street?
The map shows insurance prices in and around South Broad Street, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $406 per year within the neighborhood boundaries, with insurance premiums ranging from a high of $2,614 to a low of $2,208. Insurance prices tend to be higher for those living in the East area, and lower for those with homes in the North parts of South Broad Street.Pick the Best Car Insurance Company for You in South Broad Street
The best car insurance provider for most drivers in South Broad Street
For drivers with clean driving records and no major strikes, Geico is the best option, with annual savings of $649 over the average South Broad Street car insurance company.
The best car insurance provider for South Broad Street drivers with accidents on their records
In our analysis, NJM saved the average person who had been in an accident the most, with annual savings averaging $1,205 over the competition.
The best car insurance company for South Broad Street drivers with speeding tickets
>Geico gave the average person with a speeding ticket the most savings, averaging $925 better than other car insurance companies.
The best auto insurance for South Broad Street drivers with a DUI conviction
Getting a quote from NJM may cost the average person with a DUI about $798 less each year.
The least expensive car insurance company for new and young drivers in South Broad Street
In South Broad Street, Geico costs young drivers $3,205 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in South Broad Street
Geico gave the largest car insurance discounts to married couples, averaging $625 saved each year compared to an average South Broad Street couple's premiums.
The cheapest car insurance in South Broad Street for drivers with bad credit
The best South Broad Street car insurance company for customer service
Nationwide was the best company for customer service in South Broad Street according to the NAIC.
Recent price drops
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The cheapest large national provider in South Broad Street
For customers who prefer to work with large national providers, we recommend Geico for pricing. The average South Broad Street driver can expect to pay about $112 per month.
What About USAA?
JD power consistently ranks USAA as the top car insurance company in the United States. We don’t compare their rates because most people can’t sign up. USAA only allows active military members and their spouses and children to apply. In South Broad Street, USAA has the best prices for none of the categories above.Auto Insurance Prices in and Around South Broad Street
What Influences the Cost of Car Insurance in South Broad Street?
On average, car insurance in South Broad Street is more expensive than the rest of the state. These high prices are no mystery to us. Coverage Watch tracks car insurance costs and uses a complex AI that finds related variables, and has determined car insurance prices in the neighborhood are influenced by the following factors:
- The average commute time in South Broad Street is 46 minutes, which is far more than average for a driver in the city.
- New Jersey state insurance regulations may require higher prices.
- An average of 3 to 4 weeks with snow on the ground, which impacts accident rates.
- Marriage rates in South Broad Street are lower than average in the state, and marriage often results in car insurance discounts.
- Vehicle theft rates in the area are high, with a Vehicle Theft Crime Grade of B- according to CrimeGrade.org.
- South Broad Street has an average population density in the state. The neighborhood’s density could result in a price increase for drivers.
As a result of these and other factors, the average cost of car insurance in South Broad Street is $123 per month for minimum coverage and $206 per month for full coverage. Costs vary widely based on your situation, and will likely be lower if you have a clean driving record and follow our insurance company research to find the best car insurance company for you.
Car Insurance in Nearby Neighborhoods
- Springfield-Belmont: Insurance costs 3.19% less
- Lower Clinton Hill: Insurance costs 1.01% more
- South Ironbound: Insurance costs 8.11% less
- Central Business District: Insurance costs 1.45% less
- Upper Clinton Hill: Insurance costs 2.74% more
- University Heights: Insurance costs 2.46% less
- North Ironbound: Insurance costs 1.29% less
- Weequahic: Insurance costs 1.45% more
- Fairmuont: Insurance costs 0.61% less
- Seventh Avenue: Insurance costs 0.89% less
Neighborhoods with Similar Populations
- Eastwood: Insurance costs 2.34% less
- The Acre: Insurance costs 24.05% less
- Tennyson-Alquire: Insurance costs 11.66% less
- Southwest Topeka: Insurance costs 39.91% less
- Seacliff: Insurance costs 6.86% less
- Riverwest: Insurance costs 50.28% less
- River Road: Insurance costs 39.71% less
- Fremont: Insurance costs 33.78% less
- Estates Of Highland Creek: Insurance costs 17.72% less
- Emmons Orchard: Insurance costs 27.85% more