Car Insurance in Elizabeth, NJ – How Much Does it Cost? (2024 Rates)

• Average car insurance cost in Elizabeth is $2,538 per year, or approximately $212 per month.
• Elizabeth car insurance costs $260 per year more than the New Jersey state average cost and $655 per year more than the average rate for all 50 U.S. states.
• Monthly auto insurance rates for a few popular models in Elizabeth include the Chevrolet Silverado at $234, Honda Accord at $204, and Jeep Cherokee at $228.
• Compact crossovers and SUVs like the Buick Encore, Mazda CX-5, Hyundai Venue, and Nissan Kicks have the best chance of receiving cheap car insurance in Elizabeth.

How much does car insurance cost in Elizabeth?

In Elizabeth, the average cost to insure a vehicle is $2,538 per year, which is 29.6% more than the overall national average rate of $1,883. Per month, Elizabeth drivers can expect to pay an average of $212 for full coverage.

In the state of New Jersey, the average cost of car insurance is $2,278 per year, so the cost in Elizabeth averages $260 more per year. The cost to insure a car in Elizabeth compared to other New Jersey locations is about $54 per year cheaper than in Paterson, $268 per year more than in Jersey City, and $122 per year less than in Newark.

Driver age is one of the biggest determining factors on the price of car insurance. The list below details how age impacts cost by showing average car insurance rates in Elizabeth based on the age of the driver.

Elizabeth car insurance cost by driver age

• 16 year old – $9,038 per year or $753 per month
• 17 year old – $8,757 per year or $730 per month
• 18 year old – $7,847 per year or $654 per month
• 19 year old – $7,144 per year or $595 per month
• 20 year old – $5,108 per year or $426 per month
• 30 year old – $2,708 per year or $226 per month
• 40 year old – $2,538 per year or $212 per month
• 50 year old – $2,248 per year or $187 per month
• 60 year old – $2,104 per year or $175 per month

The next chart shows average car insurance rates in Elizabeth, NJ, for 2024 model year vehicles not only by the age of the driver, but also by three different physical damage coverage deductibles.

Average car insurance rates in the previous chart range from $1,778 per year for a policy with high physical damage deductibles for a 60-year-old driver to $5,938 per year for a 20-year-old driver with a low deductible policy.

When that data is converted to a monthly rate, the average cost of car insurance per month in Elizabeth ranges from $148 to $495.

Elizabeth auto insurance rates are priced differently for everyone and minor changes in driver risk profiles can have enormous effects on car insurance cost. The high chance of significant rate differences reinforces the need for multiple car insurance quotes when shopping online for the cheapest car insurance in Elizabeth, New Jersey.

The cost to insure popular cars, trucks, and SUVs

The rates referenced above are averaged for every 2024 model year vehicle, which is practical when making broad comparisons such as the average cost difference by driver age or location.

Average car insurance rates work exceptionally well when answering questions like “is Elizabeth auto insurance cheaper than Trenton?” or “is auto insurance cheaper in New Jersey or California?”.

But for more useful car insurance rate comparisons, we get better data if we instead use rates for the specific vehicle being insured. Every vehicle has different characteristics for liability and physical damage claims, and this data enables detailed cost comparisons.

This next chart shows average auto insurance rates in Elizabeth for a small sample of popular cars, pickups, and SUVs. Later on in this article, we will examine insurance cost for some of these vehicles in more detail.

The models that sell well in Elizabeth tend to be compact and midsize sedans like the Hyundai Elantra and Kia K5 and compact or midsize SUVs like the Toyota RAV4 and Toyota Highlander.

A few additional popular models from other segments include luxury cars like the BMW 530i and Lexus ES 350, luxury SUVs like the Lexus RX 350 and Acura MDX, and models from the pickup truck segment like the Ford Ranger and Ford F-150.

We will get into additional rates later on in this article, but before we do that, let’s look at some of the ideas that were covered so far.

• Monthly car insurance cost ranges from $175 to $753 – That is the average auto insurance cost range for drivers age 16 to 60 in Elizabeth, NJ.
• Elizabeth car insurance rates are more expensive than the New Jersey state average – $2,538 (Elizabeth average) compared to $2,278 (New Jersey average)
• Low deductible auto insurance costs more – A 50-year-old driver pays an average of $1,056 more per year for a policy with $250 deductibles compared to $1,000 deductibles.
• Auto insurance is generally cheaper as you get older – Average car insurance rates for a 50-year-old driver in Elizabeth are $2,860 per year cheaper than for a 20-year-old driver.
• Elizabeth, NJ, average car insurance cost is more than the U.S. average – $2,538 (Elizabeth average) compared to $1,883 (U.S. average)
• Insurance for teenagers can be very expensive – Cost ranges from $6,046 to $9,038 per year for car insurance for teens in Elizabeth.
• Auto insurance rates fall considerably from age 20 to 30 – The average 30-year-old Elizabeth, NJ, driver will pay $2,400 less per year than a 20-year-old driver, $2,708 compared to $5,108.

Which cars have cheap insurance in Elizabeth, NJ?

The vehicles with the cheapest average insurance prices in Elizabeth, NJ, tend to be small SUVs like the Kia Soul, Subaru Crosstrek, and Hyundai Venue.

Average insurance rates for those vehicles cost $2,060 or less per year for full coverage.

Examples of other models that are ranked high in our insurance cost comparison are the Buick Envista, Buick Encore, Kia Niro, and Acura RDX. Average cost is a little bit more for those models than the cheapest crossovers and small SUVs at the top of the rankings, but they still have an average cost of $2,172 or less per year ($181 per month) in Elizabeth.

The following table breaks down the 40 cars, trucks, and SUVs with the cheapest insurance rates in Elizabeth, ordered by annual cost.

A list of 40 vehicles with the cheapest insurance in Elizabeth is not the most useful way to show the full picture of car insurance rates in Elizabeth. Due to the fact that we track over 700 vehicles, a lot of vehicles get left off the list.

So let’s dig deeper and display the cheapest models in a format that makes more sense. The following six sections show the top 20 vehicles with the lowest cost auto insurance rates for the six most popular automotive segments.

Cheapest car insurance rates in Elizabeth

When comparing 2024 models, the top five most budget-friendly non-luxury sedans and hatchbacks to insure in Elizabeth are the Toyota GR Corolla, Nissan Leaf, Honda Civic, Nissan Sentra, and Subaru Impreza. Insurance rates for these models range from $2,204 to $2,332 per year.

Other models that are affordable to insure include the Kia K5, Honda Accord, Hyundai Ioniq 6, and Toyota Prius, with average cost of $2,460 per year or less.

Full-coverage insurance in this segment for a middle-age safe driver starts at around $184 per month, depending on where you live and the company you use. The rate comparison table below ranks the cars with the cheapest car insurance in Elizabeth.

See our comprehensive guides for compact car insurance, midsize car insurance, and full-size car insurance to view data for vehicles not featured in the table.

Don’t see insurance cost for your vehicle? Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free Elizabeth car insurance quotes from top-rated companies in New Jersey.

Cheapest SUV insurance rates

Taking the top spot in Elizabeth for cheapest average insurance rates in the SUV segment is the Subaru Crosstrek, with an average cost of $1,874 per year. Second place is the Chevrolet Trailblazer costing $1,906 per year, and in third place is the Kia Soul, costing an average of $1,980 per year.

Also ranking well in our comparison are SUVs like the Toyota Corolla Cross, Buick Envision, Mazda CX-5, and Hyundai Venue, with average insurance cost of $2,076 per year or less.

Car insurance rates in Elizabeth for this segment for a good driver starts at around $156 per month, depending on the company and your location.

The comparison table below ranks the SUVs with the most affordable car insurance rates in Elizabeth.

For all vehicle comparisons, see our guides for compact SUV insurance, midsize SUV insurance, and full-size SUV insurance.

Looking for rates for a different SUV? No problem! Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get free Elizabeth car insurance quotes from top-rated companies in New Jersey.

Cheapest luxury cars to insure

The most affordable luxury cars to insure in Elizabeth are the Acura Integra at $2,254 per year, the BMW 330i at $2,580 per year, and the Mercedes-Benz CLA250 at $2,610 per year.

Not the cheapest luxury cars to insure, but still very reasonable, are luxury cars like the Lexus RC 300, Cadillac CT4, Genesis G70, and Lexus ES 350, with an average cost to insure of $2,666 per year or less.

Car insurance in Elizabeth for this segment for the average driver can cost as low as $188 per month, depending on the company and your location.

When the luxury car segment is analyzed by vehicle size, the most affordable compact luxury car to insure in Elizabeth is the Acura Integra at $2,254 per year, or $188 per month. For midsize luxury cars, the Mercedes-Benz CLA250 has the cheapest rates at $2,610 per year, or $218 per month. And for full-size luxury car models, the Audi A5 has the cheapest car insurance rates at $3,004 per year, or $250 per month.

The rate comparison table below ranks the luxury cars with the lowest-cost average car insurance rates in Elizabeth.

See our guide for luxury car insurance to view any vehicles not shown in the table.

Need rates for a different vehicle? That’s no problem! Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get cheap Elizabeth car insurance quotes from the best companies in New Jersey.

Cheapest luxury SUVs to insure

The Acura RDX comes in at #1 as the cheapest luxury SUV model to insure in Elizabeth, followed by the Lexus NX 250, Cadillac XT4, Jaguar E-Pace, and Cadillac XT5. The 2024 model averages $2,120 per year to insure for full coverage.

Not the cheapest, but still in the top 10, are luxury SUVs like the Lincoln Corsair, Mercedes-Benz GLB 250, Lexus NX 350h, and Lexus UX 250h, with an average cost of $2,446 per year or less.

From a cost per month standpoint, full-coverage insurance in this segment can cost as low as $177 per month, depending on your location and insurance company.

The next table ranks the luxury SUVs with the lowest-cost car insurance in Elizabeth.

For all luxury SUV comparisons, see our complete guide for luxury SUV insurance.

Is your luxury SUV not in the list? No sweat! Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get free Elizabeth car insurance quotes from top companies in New Jersey.

Cheapest pickup trucks to insure

Ranking highest for the most affordable Elizabeth car insurance rates in the pickup truck segment are the Ford Maverick, Nissan Frontier, Chevrolet Colorado, Nissan Titan, and Ford Ranger. Insurance rates for these 2024 models average $205 or less per month.

Not the cheapest pickups to insure, but still affordable, are pickups like the Toyota Tacoma, Hyundai Santa Cruz, Honda Ridgeline, and GMC Canyon, with average cost of $2,610 per year or less.

As a cost per month, full-coverage insurance in Elizabeth on this segment for a middle-age safe driver starts at around $181 per month, depending on where you live and the company you use. The next table ranks the twenty pickups with the lowest-cost average insurance rates in Elizabeth, starting with the Chevrolet Colorado at $2,172 per year ($181 per month) and ending with the Ram Truck at $2,936 per year ($245 per month).

For more pickup insurance comparisons, see our guides for midsize pickup insurance and large pickup insurance.

Looking for insurance rates for a different truck? Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free Elizabeth car insurance quotes from top companies in New Jersey.

Cheapest sports car insurance rates

The four lowest-cost sports cars to insure in Elizabeth are the Mazda MX-5 Miata at $2,346 per year, Toyota GR86 at $2,672 per year, Ford Mustang at $2,790 per year, and BMW Z4 at $2,802 per year.

Additional sports cars that have affordable average insurance rates include the BMW M2, Toyota GR Supra, Nissan Z, and Lexus RC F, with average annual insurance rates of $3,034 per year or less.

Additional vehicles on the list include the Jaguar F-Type, Mercedes-Benz AMG GT53, Porsche 718, Chevrolet Corvette, and Porsche Taycan, which average between $3,034 and $4,298 per year for auto insurance.

Full-coverage car insurance in this segment starts at around $196 per month, depending on the company and where you live. The comparison table below ranks the twenty sports cars with the cheapest insurance rates in Elizabeth, starting with the Mazda MX-5 Miata at $196 per month and ending with the Porsche Taycan at $358 per month.

Don’t see insurance cost for your sports car? No problem! Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get free car insurance quotes from top-rated companies in New Jersey.

Variability of car insurance rates

To aid in understanding how much car insurance cost can range from one driver to the next (and also emphasize the importance of accurate rate quotes), the sections below have detailed car insurance rates for three popular vehicles in Elizabeth: the Ford F150, Nissan Sentra, and Honda CR-V.

Each chart displays average rates for different driver profiles to illustrate the possible price variation with only small changes in driver profile or coverage limits.

Ford F150 insurance rates

Car insurance for a Ford F150 in Elizabeth costs an average of $2,842 per year (about $237 per month) and varies from $2,354 to $6,556 per year for the specific drivers in the next insurance cost chart.

The Ford F150 is classified as a full-size truck, and other models from that segment that are popular in Elizabeth, New Jersey, include the Chevrolet Silverado, GMC Sierra, and Toyota Tundra.

Nissan Sentra insurance rates

Insurance for a Nissan Sentra in Elizabeth averages $2,324 per year, or around $194 per month, and ranges from $1,932 to $5,286.

The Nissan Sentra is considered a compact car, and other popular same-segment models include the Honda Civic, Toyota Corolla, and Hyundai Elantra.

Honda CR-V insurance rates

Honda CR-V insurance in Elizabeth averages $2,160 per year ($180 per month) and ranges from $1,798 to $4,972.

The Honda CR-V is part of the compact SUV segment, and other popular models in the same segment include the Mazda CX-5, Chevrolet Equinox, and Nissan Rogue.

How to find cheaper car insurance

Drivers are always looking to reduce the monthly expense for insurance So take a minute or two to look through the tips below and maybe you’ll be able to save a few bucks on your next policy purchase.

• Remain claim free and save. Most insurance companies reduce rates a little if you have not filed any claims. Auto insurance should only be used for significant claims, not nickel-and-dime type claims.
• Choose a vehicle that is cheaper to insure. Vehicle type has a huge impact on the price you pay for auto insurance. As an example, a Kia Soul costs $2,760 less per year to insure in Elizabeth than a Acura NSX. Drive cheaper models and save money.
• Compare car insurance rates before buying a car. Different cars have very different car insurance rates, and car insurance companies can price policies with very different rates. Get comparison quotes before you buy a new vehicle in order to avoid price shock when you receive your first bill.
• Your job could reduce your rates. Some auto insurance companies offer policy discounts for certain professions like nurses, college professors, high school and elementary teachers, doctors, engineers, and others. If you can qualify for this discount, you could save between $76 and $247 on your annual car insurance bill.
• Qualify for policy discounts to save money. Savings may be available if the insureds drive a vehicle with safety or anti-theft features, are good students, are loyal customers, insure their home and car with the same company, choose electronic billing, or many other policy discounts which could save the average Elizabeth driver as much as $430 per year on their insurance cost.
• Shop around for better rates. Taking a few minutes to get a few free car insurance quotes is the best way to save money. Rates change often and you can change companies at any time.
• Fewer accidents means cheaper auto insurance rates. Too many at-fault accidents will increase rates, potentially by an extra $1,224 per year for a 30-year-old driver and even $766 per year for a 50-year-old driver. So drive safe and save money!