- The average cost of car insurance for a 65-year-old driver in New Jersey is $1,856 per year for a full coverage policy.
- According to CarInsurance.com’s research, a 70-year-old driver in New Jersey pays 6% more for full coverage than more for full coverage than a 65-year-old driver.
- Finding the cheapest car insurance for seniors over 70 becomes more important as rates increases significantly. For instance, a 75-year-old driver in New Jersey pays 11% more more a full coverage policy than a 65-year-old driver.
- Reviewing and comparing car insurance quotes every six months or at renewal can help you find the most affordable rates.
Drivers typically see an increase in car insurance rates starting at age 65, according to CarInsurance.com data. The Centers for Disease Control and Prevention reports that older drivers have higher fatal crash rates than those aged 35 to 54.
Even though rates may rise, seniors can still find good car insurance deals. Our guide will help find the most affordable rates for senior drivers in New Jersey and suggest other ways to save on your auto insurance premiums.
Cheapest car insurance companies for seniors in New Jersey
Find the cheapest full coverage car insurance rates in New Jersey for drivers of different ages below.
- Overall cheapest car insurance for seniors over 60: NJM, $102 per month.
- Cheapest for seniors at age 65: NJM, $97 per month.
- Cheapest for seniors at age 70: NJM, $99 per month.
- Cheapest for seniors at age 75: NJM, $112 per month.
Compare cheap car insurance quotes for senior drivers in New Jersey
Below, find the cheapest car insurance rates in New Jersey from major insurers for three coverage levels: state minimum, liability-only with limits of 50/100/50 and full coverage with 100/300/100 limits.
Select your age and type of coverage below to see the average annual and monthly rates.
- Full coverage: 100/300/100 liability with $500 comprehensive/collision deductible
- Liability only: 50/100/50 liability only
- State minimum: State minimum coverage
State minimum car insurance refers to the least amount of coverage that a driver is legally required to have in a particular state. This typically includes liability insurance, which covers bodily injury and property damage to others if you are at fault in an accident. Each state sets its own minimum requirements for coverage limits.
Liability car insurance with limits of 50/100/50 means:
- $50,000 per person for bodily injury
- $100,000 per accident for bodily injury per accident
- $50,000 per accident for property damage
A liability policy covers expenses for injuries and damages you cause to others in an accident, but not your own injuries or vehicle damage.
Full coverage insurance with limits of 100/300/100 includes higher liability limits:
- $100,000 per person for bodily injury
- $300,000 per accident for bodily injury to multiple people
- $100,000 per accident for property damage
It also typically includes:
- Collision coverage: Pays for damages to your car from a collision.
- Comprehensive coverage: Covers damages to your car from non-collision events (e.g., theft, fire, vandalism).
Full coverage ensures you are covered for a wide range of incidents, both for your liability to others and for your own vehicle’s damage.
Why do car insurance rates increase for senior drivers in New Jersey?
Insurance rates for older drivers tend to increase due to several factors. Statistics suggest that seniors are more likely to be involved in accidents compared to younger drivers, excluding teen drivers, according to the Insurance Institute for Highway Safety.
While older drivers usually have decades of experience under their belt, they often suffer from age-related hearing or vision loss, slower reflexes, side effects from medicines and other health issues that can make driving more difficult.
According to the CDC, drivers aged over 70 have higher crash death rates per 1,000 crashes compared to those aged 35-54. NHTSA data also shows that in 2020, senior drivers 65 and older were involved in 13% of fatal accidents, marking a 26% increase since 2011.
In addition, seniors are more likely to require medical care, even after a less severe accident, and expensive hospital bills will increase the insurance cost.
“Unfortunately, as we move past middle age, the odds of being more severely injured or dying in a car crash increase significantly,” says Carole Walker, executive director at Rocky Mountain Insurance Association.
“Statistically, older drivers have a higher risk of causing a crash, but an even bigger factor adding to higher car insurance bills are common health problems that make them more prone to being hurt and incurring medical bills – even in low-speed or less serious crashes,” she says.
According to an analysis by CarInsurance.com, rates start to climb for most senior drivers in their mid-60s and continue to increase from then on.
In New Jersey, the average cost for a full coverage policy is $1,856 for a 65-year-old and $1,968 for a 70-year-old.
CarInsurance.com found that 70-year-old drivers pay 6% more for full coverage than 65-year-old drivers in New Jersey, and 75-year-old drivers pay 11% more for a full coverage policy.
The table below shows the annual average rate increase for senior drivers by age in New Jersey for different coverage levels:
| Age | State minimum | Liability only | Full coverage |
|---|---|---|---|
| 65 | $848 | $904 | $1,856 |
| 70 | $877 | $950 | $1,968 |
| 75 | $941 | $1,021 | $2,087 |
Coverage types:
- Full coverage: 100/300/100 liability with $500 comp/coll deductible
- Liability only: 50/100/50 liability only
- State minimum: State minimum coverage only
Find out how much insurance costs for seniors
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Cheapest car insurance for seniors with tickets in New Jersey
A speeding ticket or other moving violation will increase your insurance rates regardless of age. Insurers rely on statistics, which indicate that drivers with a ticket are more likely to be involved in an accident that could lead to a claim.
While the increase will vary by the insurance company, according to CarInsurance.com, New Jersey, drivers can expect their rates to go up 49% after a speeding ticket that is 1-29 mph over the limit.
If you are a senior with a speeding ticket or other minor moving violation on your record, expect to pay more for coverage. When we ran the numbers, these were the best insurance companies for seniors with tickets on their records.
| Company | Annual rates with 1 speeding ticket | Monthly rates with 1 speeding ticket |
|---|---|---|
| NJM | $1,511 | $126 |
| Plymouth Rock Assurance | $2,258 | $188 |
| Travelers | $2,538 | $212 |
| Allstate | $3,188 | $266 |
| Progressive | $3,459 | $288 |
| State Farm | $3,472 | $289 |
| Farmers | $3,569 | $297 |
Compare senior car insurance rates in neighboring states
Cheapest car insurance for seniors with DUIs in New Jersey
A DUI is a major offense, and your insurance rates will rise significantly once it shows on your driving record. In most instances, your premium will double with a DUI. According to CarInsurance.com, in some states, rates can increase by 92% after the first DUI and up to 159% after a second.
Finding affordable coverage (or any coverage) will become more difficult after a DUI. Still, according to our data, these are the best insurers for seniors with a DUI in New Jersey:
| Company | Annual rates with DUI first offense | Monthly rates with DUI first offense |
|---|---|---|
| NJM | $1,511 | $126 |
| Plymouth Rock Assurance | $2,198 | $183 |
| Travelers | $2,786 | $232 |
| Progressive | $3,101 | $258 |
| GEICO | $3,197 | $266 |
| Allstate | $3,374 | $281 |
| Farmers | $4,022 | $335 |
| State Farm | $8,180 | $682 |
Cheapest car insurance for seniors after an accident in New Jersey
Similar to a ticket or DUI, an accident on your record will lead to higher insurance rates. Although the exact increase depends on the insurer, data show drivers can expect a 89% hike in premiums after an at-fault accident with property damage over $2,000.
The increase will generally be in effect for three to five years, so it’s essential to seek the most affordable insurance provider. Below, these insurers offer the cheapest car insurance rates for seniors after an accident in New Jersey.
| Company | Annual rates with 1 at-fault accident | Monthly rates with 1 at-fault accident |
|---|---|---|
| NJM | $1,255 | $105 |
| GEICO | $2,168 | $181 |
| Plymouth Rock Assurance | $2,643 | $220 |
| Travelers | $2,913 | $243 |
| State Farm | $3,414 | $285 |
| Progressive | $4,401 | $367 |
| Farmers | $4,788 | $399 |
| Allstate | $5,100 | $425 |
How can seniors save on car insurance in New Jersey?
Auto insurance for seniors can be costly, but there are several ways to save. Here are some simple ways to lower your premiums:
- Shop around: Regularly comparing car insurance rates – every six months or annually when it’s time to renew – can help you secure the best deal.
- Raise your deductible: Raising your deductible from $500 to $1,000 can save you money each month, but ensure you have the funds available to cover the higher deductible if needed.
- Ask about discounts: Bundling with homeowners insurance, loyalty discounts and discounts for years of being licensed are great ways to save on car insurance. Find more details on discounts below.
Editor’s Tip:Take a senior driving course: With an approved defensive driving course, seniors can save up to 3% on their car insurance in New Jersey. The American Automobile Association(AAA) and AARP offer defensive driving courses for senior drivers in New Jersey.
Car insurance discounts for senior drivers in New Jersey
Here are some car insurance discounts to help seniors lower their insurance costs.
| Discount type | Potential annual savings |
|---|---|
| Air bags | 4% |
| Anti-theft device | 1% |
| Days advanced purchase | 7% |
| Defensive driver | 3% |
| Education | 3% |
| Electronic funds transfer | 3% |
| Electronic signature | 10% |
| Homeowner | 10% |
| Lower annual mileage | 4% |
| Loyalty – years renewal with company | 9% |
| Marital status | 4% |
| Multi policy | 9% |
| Paperless/electronic documents | 2% |
| Payment type | 5% |
| Primary use | 7% |
| Profession | 8% |
| Purchase status | 10% |
| Safety devices | 4% |
| Telematics | 8% |
| Vehicle ownership | 20% |
| Years insured | 24% |
| Years licensed | 28% |
Choosing the cheapest and best car insurance for seniors in New Jersey
Senior drivers, except teen drivers, shell out higher premiums than younger adult drivers. If you are looking for an affordable policy, carefully evaluate your needs and decide the amount of coverage to purchase. While shopping for insurance, consider the price, customer service and the discounts they offer.
Find the best auto insurance companies online to see which carrier provides affordable rates and easy-to-use websites or apps.
FAQ: Cheap car insurance for seniors in New Jersey
Who has the cheapest state minimum auto insurance for seniors in New Jersey?
Our data show that NJM provides the cheapest state minimum auto insurance for seniors in New Jersey, at around $543 per year. GEICO and Plymouth Rock Assurance also rank highly for affordable state minimum coverage for seniors in New Jersey.
Which companies offer the cheapest liability car insurance for seniors in New Jersey?
NJM offers the cheapest liability car insurance for senior drivers in New Jersey, with an average annual premium of $543. According to a CarInsurance.com data analysis, GEICO and Plymouth Rock Assurance also provide cheap liability insurance for seniors in New Jersey.
Does State Farm offer a senior discount in New Jersey?
State Farm does not offer a senior discount in New Jersey, but it provides many discounts that seniors can use to lower their premiums. It includes discounts for defensive driving courses, safe driving, long-term customer loyalty, bundling policies and advanced safety feature discounts.
Bottom line
NJM offers the cheapest car insurance quotes for senior drivers in New Jersey for a full coverage policy, based on a CarInsurance.com analysis.
By shopping around and comparing rates online from different insurers, seniors can find the best deal on their car insurance. Additionally, senior drivers could qualify for discounts by taking defensive driving courses or bundling their car insurance with other types of insurance.
Check out how to shop for car insurance for seniors
Resources & Methodology
Additional resources
There are several resources available for older drivers who want to stay safe behind the wheel and save on their insurance premiums:
- American Automobile Association: AAA helps senior drivers to continue driving for as long and safely as possible.
- AARP (American Association of Retired Persons): AARP’s smart driver program helps senior drivers to learn proven driving techniques and save money on car insurance.
- National Institute on Aging: The NIA provides tips to senior drivers about health and driving and offers free publications to aging seniors to answer health-related queries.
- Fitness-to-Drive Screening Measure Online: This web-based tool helps family members identify at-risk drivers.
- Eldercare Locator: Helps senior drivers maintain their independence, and provides information about highway safety for aging drivers and services.
Sources:
- Centers for Disease Control & Prevention. “Older Adult Drivers.” Accessed March 2026.
- Insurance Institute for Highway Safety. “Fatality Facts 2021 Older People.” Accessed March 2026.
- National Safety Council. “Motor Vehicle: Age Group Comparisons.” Accessed March 2026.
- National Highway Traffic Safety Administration “U.S. Department of Transportation’s Fatality Analysis Reporting System (FARS).” Accessed March 2026.
Behind the rates: How we analyzed cheapest costs for seniors in New Jersey
CarInsurance.com gathered car insurance rates for senior drivers from Quadrant Information Services. The rates are for a full coverage policy with limits 100/300/100 and a $500 comprehensive and collision deductible based on sample profiles of 65, 70 & 75 year old male and female drivers with clean driving records. We have compared 53,409,632 car insurance quotes across 34,588 ZIP codes from 170 national and regional car insurance companies.
To determine car insurance rates for senior drivers with a history of traffic violations, CarInsurance.com used a sample profile of a 65-year-old driver who owns a Honda Accord LX. We have compared 50,73,544 insurance quotes from 138 companies across 1,468 ZIP codes.
Car insurance rates are calculated by evaluating the sample profile of a 65-year-old male and female driver with the following incidents applied
- One at-fault property damage accident over $2K
- One at-fault property damage accident under $2K
- At-fault bodily injury accidents
- DUI/DWI first offense.
- Speeding ticket (1-10 MPH over the limit,11-29 MPH over the limit & 30+ over limit)
These are sample rates and should only be used for comparison purposes.
Note: USAA is only available to military community members and their families.
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