Cheap insurance in NJ??

[JarZ]

Hi guys,

I'm trying to help out a new co-worker who recently moved into the building where I also rent an apartment. He just got his SSN the other day and is now car-shopping and of course need insurance for that. He's been in the country for around a month only as he came from one of my company's overseas offices.

He tried calling all the usual suspects - Geico, Allstate, State Farm, Progressive etc. but all are pretty expensive... well, I don't know if they are for him but it's much more than I pay. He's 23, single and has zero credit if that makes a difference. He is buying liability insurance only.

For a 2004 Neon he was quoted $1400 for six months.
For a 2003 Elantra he was quoted $1300 for six months.

I guess he's looking at something which would cost around $1000 for six months. Is an older car cheaper to insure? (doubt it)

Does anyone know of any other companies or agencies who may be able to get him a cheaper rate or can you recommend a car which is dirt cheap on insurance? He is looking for a cheap four cylinder car - around $4k.

Any input is appreciated. Thanks guys.

[Lori@402Motoring]

Don't know much about it but in NJ there is insurance you can get for $1 a day!

[402 Motoring]

Don't know much about it but in NJ there is insurance you can get for $1 a day!

Lori is sniffing way to much paint fumes.....LOL.... actually there is a dollar a day insurance here in Jersey but you have to be on Medicaid to get it. Try www.Eurance.com

[torRed #1169]

Best and Cheapest is New Jersey Manufacturers - IF you qualify.
Next would be AIG.

These are the two best (I can almost guarantee).

[JarZ]

Lori is sniffing way to much paint fumes.....LOL.... actually there is a dollar a day insurance here in Jersey but you have to be on Medicaid to get it. Try www.Eurance.com

I need to get that insurance... Ernie, I'm assuming you meant Esurance.com as that link doesn't make a lot of sense, lol.

My brother in law pays $1600 for full coverage on a 2005 Mazda 6 so maybe $1300 isn't as bad as I thought. Still, not peanuts.

Thanks

[MVP25]

Hate to tell you but he has all the bad factors against him.
1. He doesn't have 3 years of driving experince.
2. He doesn't have 3 years of consecutive Insurance.
3. He's 23
4. He's single.
5. Credit score shows good responsibilties to the insurance company.
I looked into it for my newphew who has all the factors this young man does.

The insurance company looks at his profile and they think there's a Very good chance he will be in some sort of claim.

See if the company or Union if he's in one can help. My local has an interest with a insurance company to offer better rates.

[JarZ]

Hate to tell you but he has all the bad factors against him.
1. He doesn't have 3 years of driving experince.
2. He doesn't have 3 years of consecutive Insurance.
3. He's 23
4. He's single.
5. Credit score shows good responsibilties to the insurance company.
I looked into it for my newphew who has all the factors this young man does.

The insurance company looks at his profile and they think there's a Very good chance he will be in some sort of claim.

See if the company or Union if he's in one can help. My local has an interest with a insurance company to offer better rates.

Yeah, that's the problem. He's had a driver's license for several years, but that doesn't count for crap in a new country. He basically couldn't be worse off, like you said.

[WileERobby]

NJM is the best co, but it's certainly NOT the cheapest & they usually will not take somebody in off the street, they won't take anybody without a referral from a policyholder. That being said, AIG should be looked into, they are good and inexpensive. Or try AAA motor club, they may be able to get him in on their program as a member.

[tink]

When Motor Club of America pulled out of N.J. a few years ago,I was going to go with AIG. The rates were good,But my ins.agent hooked me up with Mercury ins.. They gave me better rates.

[moonstreaker]

AIG is the cheapest in NJ, but only by a few dollars over Geico...and that's with the discount through my wifes union. Dodge offers dicounted rates through AIG as well...if he just bought the car. NJCure used to be a lot cheaper than everone else, but with recent changes to insurance laws in NJ they are barely competative.

[JarZ]

hmm... he was quoted only 1050 for a Passat - weird.
Anyways, he's looking to basically buy a car tomorrow so any leads would be appreciated. We're searching all over cars.com and autotrader.com and have to find a winner. Budget is $3500-$4000 so something 2000ish with less than 75000 miles would be good.

[bookeem]

NJM for the win..i been working at my job 7 years, after about 3 is when my company was able to get us into NJM, i switched over, at the time i had a mazda 3 and honda civic as a beater..my insurance went down 1100 a year, from 3200 for the 2 cars, full on the mazda, liability on the honda, clean driving record, down to a lil over 2 grand..

since trading in the mazda for the mag, it went down another 100 or so bucks a year, , pay than 150 a month, for 9 months, but hte first months (policy renewal) payment always about 500..so u only pay insurance for 9 months, last 3 no payments are made

and this year, last week to be exact i got my safe drivers dividend check, which was just under 300 bucks, i couldnt be happier..now had i had a hemi, i doubt ide see that safe driver dividend check, lol...

[Jonesey]

im with allstate and i've found they've given our family a good deal.

[NYC_SRT8]

If I were you I would try to get the car registered and insured in PA. That will cut your insurance payments in half (if not more) of your lowest quote in NJ. Open up a PO box in PA and use that as your address. Then after a 3 years see if your quote in jersey has come down.

[JarZ]

Thanks for all the replies.

He ended up getting a 2000 Focus and will be paying Progressive around 1100 every six months. Not too bad for one in his situation.