NJ Insurance Rates

[jeffsed]

I am moving to NJ in a week or two and will be buying a new car. I was hoping to go with the MS3, but based on what I have been getting qouted for insurance it looks like I may have to go with the standard 3 to fit my budget.

I was looking over the rates that people mentioned they are paying and it seems that you either pretty much get the shaft in NJ or that I am looking with the wrong companies.

So far it looks like progressive may be the cheapest.

I have gotten a quote of $235/mo for the MS3 with 100,000/300,000 full coverage

And $160/mo for the regular 3 with the same coverage.


I am 29, single, Male, been driving since i was 16, and have no accidents or tickets. Credit is very good.

These rates seem pretty insane to me. Especially considering what i have seen others quoting as their rates on this forum. Looks like my rate is the same or even more than what others are paying on multiple cars.

Anyone have any advice, or is this just the reality of living in Jersey?

Thanks,
Jeff

 

[CTGrey02]

Just Jersey. Hunt around at a few more companies. I'm not sure if Amica insures in NJ but give them a call. They seemed to rate the 3 and Speed3 the same when I checked.

 

[bushrat]

Keep looking. Some companies give an increased rate for the MS3, some don't. I know that progressive is one of them.

 

[jeffsed]

Thanks for the lead on Amica, they quoted me a 12mo price that is less than the 6mo price I got from Progressive. Not sure if this is truely and apples to apples comparison, but it looks promising.
I think part of the problem is that I am being lumped in with Newark even though I will be living in a small quiet suburban area.

 

[amp]

will you be working in new jersey..
if you are.. look into whether or not your company is a member of NJ Manufacturers..
their rates are substantially cheaper.. and provide dividend checks at the end of the year...

 

[CTGrey02]

Thanks for the lead on Amica, they quoted me a 12mo price that is less than the 6mo price I got from Progressive. Not sure if this is truely and apples to apples comparison, but it looks promising.
I think part of the problem is that I am being lumped in with Newark even though I will be living in a small quiet suburban area.

They're a great company, the other thing is that for what ever reason, they only bill you 9 months out of the year for the full years insurance. So you get 3 months off, lol. Aside from that I havent looked for insurance in 7 years now because of the service I get from this company. Changes to policy and claims are effortless.