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Get Cheap Car Insurance in Spring Lake, NJ

We monitor insurance prices, helping the average driver in Spring Lake save up to 37.9% on car insurance.

 

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The Cheapest Minimum Coverage in Spring Lake

The chart below shows the cheapest car insurance company in Spring Lake 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.

 
Spring Lake Insurer Monthly Cost
State Farm $60
Geico $62
Plymouth Rock Assurance $76
NJM $90

Savings for Every Kind of Spring Lake Driver

The table shows how much the average auto insurance customer in Spring Lake might save by following our recommendations.

Based on our extensive insurance data, we know the average Spring Lake 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 $471 per year by choosing the right vehicle insurance company. Some Spring Lake residents are paying out over $1,796 extra every year for auto insurance in Spring Lake. That cost may be even higher if you haven’t requested a new quote as your life situation changed.

Spring Lake Car Insurance vs. New Jersey

People living in Spring Lake pay an average of 1.08% less than the typical driver in the state. The average driver in Spring Lake can expect to pay about $1,071 per year, or $1,796 for full coverage.

Based on our analysis, Geico will be the cheapest provider in Spring Lake for most people.

Car Insurance Prices by Spring Lake Neighborhood

Spring Lake, NJ map of insurance costs by zip code and neighborhood

Insurance Prices

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Where is insurance cheapest within Spring Lake?

The map shows insurance prices in and around Spring Lake, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $287 per year within the city boundaries, with insurance premiums ranging from a high of $1,951 to a low of $1,664. Insurance prices tend to be higher for those living in the Southwest area, and lower for those with homes in the Northwest parts of Spring Lake.

Pick the Best Car Insurance Company for You in Spring Lake

We have analyzed insurance costs for auto insurance customers based on the major variables that impact pricing. The results of our analysis are below, including US dollar savings. What about when you meet one or more of the criteria? For example, if you have both a DUI and a speeding ticket? Simply start with the Spring Lake insurance provider for whom we have posted the highest savings dollar figure.

The best car insurance provider for most drivers in Spring Lake

For drivers with clean driving records and no major strikes, Geico is the best option, with annual savings of $471 over the average Spring Lake car insurance company.

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We use the average good driver, paying $111 per month, as our baseline for pricing in Spring Lake. Geico, NJM, and Plymouth Rock Assurance are all good choices for quotes if you have a clean record. See also the best providers for married people if you are married, and look for repeated company names.

The best car insurance provider for Spring Lake drivers with accidents on their records

In Spring Lake getting into an accident will raise premiums an average 35% for a yearly cost of $2,778. That's $981 per year more than a driver with no at-fault crashes on their driving record might pay. To avoid paying out more than you need to, Geico, NJM, and Plymouth Rock Assurance are good choices for drivers with accidents.

In our analysis, NJM saved the average person who had been in an accident the most, with annual savings averaging $873 over the competition.

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The best car insurance company for Spring Lake drivers with speeding tickets

>Geico gave the average person with a speeding ticket the most savings, averaging $671 better than other car insurance companies.

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Depending on the insurance company, a speeding ticket can actually raise insurance premiums more than getting in an accident. In Spring Lake, tickets raise premiums on new quotes about $382. If you have a speeding ticket, we recommend State Farm, Geico, and Plymouth Rock Assurance for savings that beat the average insurance cost of $2,178 per year.

The best auto insurance for Spring Lake drivers with a DUI conviction

Getting a DUI can increase the cost of insurance dramatically. The average person with a DUI paid $2,455 per year in auto insurance premiums, which was $659 more than a driver with no major issues. Geico, Progressive, and NJM penalized their customers the least for a DUI.

Getting a quote from NJM may cost the average person with a DUI about $579 less each year.

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The least expensive car insurance company for new and young drivers in Spring Lake

In Spring Lake, Geico costs young drivers $2,324 less each year versus the average auto insurance bill.

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Teen drivers account for more than their share of accidents, and thus end up paying about 71% more for insurance than more mature drivers in Spring Lake. With an average cost of $6,126 per year (for young drivers who aren't on a parent's plan), car insurance for inexperienced drivers can’t ever be called "cheap." A few companies like State Farm, Geico, and NJM try to attract these younger drivers with lower prices in the hopes that they will stay with the company.

The best marriage discounts for vehicle insurance in Spring Lake

Not everything is an excuse for the auto insurance companies to charge you more. Getting married provides an average discount of $68. State Farm, Geico, and Plymouth Rock Assurance provided the largest discounts to couples living in Spring Lake.

Geico gave the largest car insurance discounts to married couples, averaging $453 saved each year compared to an average Spring Lake couple's premiums.

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The cheapest car insurance in Spring Lake for drivers with bad credit

People with poor credit saved an average of $704 with NJM.

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Many people are surprised that their poor credit score can cost them an average of $1,069 every year. Premiums for people with poor credit were about $2,866 in Spring Lake. However, some insurance companies do not take credit score into account. If you have a credit score below 575, get quotes from Geico, Progressive, and NJM.

The best Spring Lake car insurance company for customer service

Many car insurance companies over the years have struggled with customer service. In Spring Lake, the National Association of Insurance Commissioners (NAIC) ranks Nationwide as the best. Another valuable metric: JD Power ranks NJM as the best provider in Spring Lake.

Nationwide was the best company for customer service in Spring Lake according to the NAIC.

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Recent price drops

Due to improvements in our tracking and methodology, we are unable to show price change data for the most recent year. This data will return next year (2023).

In 2020, at the peak of the global pandemic, {{top1_2020pricedrop_company}} changed their average price {{top1_2020pricedrop_company_percentage}}% in Spring Lake, which was better than other insurers.

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During the Covid-19 pandemic a few insurance companies realized people were driving less and struggling overall. They proactively lowered their rates for many customers in Spring Lake. We think helping communities in a time of need deserves special attention. Many insurance companies have advertisements telling us how much they care: we prefer to look at their actions.

The cheapest large national provider in Spring Lake

Many customers have informed us that they prefer to work with large national brands. Maybe they're one of the 26% of Spring Lake residents who are renting, and don't plan to be in the city or state for very long. Or maybe national recognition and funds make people feel more secure with a large provider. Regardless, Geico tends to have the lowest prices for most drivers.

For customers who prefer to work with large national providers, we recommend Geico for pricing. The average Spring Lake driver can expect to pay about $112 per month.

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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 Spring Lake, USAA has the best prices for none of the categories above.
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Auto Insurance Prices in and Around Spring Lake

What Influences the Cost of Car Insurance in Spring Lake?

On average, car insurance in Spring Lake is actually less expensive than the rest of the state. These low 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 city are influenced by the following factors:

  • The average commute time in Spring Lake is 47 minutes, which is far more than average for a driver in the state.
  • New Jersey state insurance regulations may require higher prices.
  • An average of 0 weeks with snow on the ground, which impacts accident rates.
  • Marriage rates in Spring Lake are about 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 A according to CrimeGrade.org.
  • Spring Lake has an average population density in the state. The city’s density could result in a price decrease for drivers.

As a result of these and other factors, the average cost of car insurance in Spring Lake is $89 per month for minimum coverage and $150 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 Cities

Cities with Similar Populations

* Who is the average Spring Lake driver? Based on national demographic data provided by BestNeighborhood, we took a single unmarried man living in central Spring Lake with good (but not perfect) credit driving a used midsized sedan. Data sources: proprietary data collection and analysis, unique to CoverageWatch.org All content copyright CoverageWatch.org. Journalists and other websites are free to cite any data with attribution.