6 carriers raised and 2 carriers cut New Jersey auto rates in 2026. The fastest way to stop overpaying is to compare carriers for your ZIP — the cheapest options in New Jersey are below.
Cheapest car insurance carriers in New Jersey right now
Estimated annual premiums for a standard profile, cheapest first — New Jersey averages about $3,486/yr. The spread between carriers is wide, so shopping is how you beat a rate hike.
| # | Carrier | Est. annual | vs avg |
|---|---|---|---|
| 1 | USAA | $2,259/yr | Save $996 |
| 2 | GEICO | $2,667/yr | Save $588 |
| 3 | Travelers | $2,720/yr | Save $535 |
| 4 | Root Insurance | $2,878/yr | Save $377 |
| 5 | Progressive | $3,207/yr | Save $48 |
| 6 | State Farm | $3,303/yr | +$48 |
| 7 | The Hartford | $3,480/yr | +$225 |
| 8 | Kemper | $3,625/yr | +$370 |
| 9 | Nationwide | $3,681/yr | +$426 |
| 10 | National General | $3,734/yr | +$479 |
Carriers that raised New Jersey rates in 2026
| Carrier | Change | Effective | Affected | % of brand | Source |
|---|---|---|---|---|---|
| Bristol West Foremost Insurance Company Grand Rapids, Michigan | +5.1% | Sep 12, 2025 | 58,109 | — | SERFF #BRWS-134378141 ↗ |
| Selective Insurance Selective Auto Insurance Company of New Jersey | +6.8% | Sep 30, 2025 | 21,017 | — | SERFF #SELC-134599344 ↗ |
| CURE Citizens United Reciprocal Exchange | +6.0% | Nov 22, 2025 | 45,552 | — | SERFF #CURE-134400950 ↗ |
| Farmers | +7.0% | May 24, 2026 | 7,379 | — | SERFF #FARM-134703203 ↗ |
| Allstate Allstate New Jersey Property and Casualty Insurance Company | +3.5% | Jun 15, 2026 | 231,099 | — | SERFF #ALSE-134675302 ↗ |
| Encompass Encompass Property and Casualty Insurance Company of New Jersey | +6.9% | Oct 24, 2026 | 5,267 | — | SERFF #GMMX-134806021 ↗ |
Carriers that cut New Jersey rates in 2026
| Carrier | Change | Effective | Affected | % of brand | Source |
|---|---|---|---|---|---|
| Palisades Palisades Safety and Insurance Association | −5.0% | Apr 17, 2026 | 97,715 | — | SERFF #HPIC-134859181 ↗ |
| GEICO Government Employees Insurance Company | −3.6% | Jul 1, 2026 | 343,076 | — | SERFF #GECC-134961490 ↗ |
Are you actually getting the new rate?
Approved changes are statewide averages, and a cut usually reaches new buyers first — existing customers often don’t see it until their next renewal, if at all. The only way to know you’re on the best current price is to re-shop.
Filing figures are filed/approved statewide averages from each state’s Department of Insurance; rankings are directional estimates. “Affected” counts are policyholders or insured vehicles as stated in each filing. Your individual rate varies by risk profile. Each filing links to its source. Not a quote.