Auto Insurance (Middlesex: home, buy, deductible)

[tahiti]

Noticed a disgruntled NJ resident below mention auto insurance as "way out of line". Is that the feeling of the majority of the posters here?

Yes, yes, we all know that NJ has the highest rates in the country. I must've lucked out (BIG PROPS for NJM), but our insurance is very reasonable. 3 cars: 1 compact 1998, 1 sedan 1998, 1 small SUV 2006. Standard deductable on all ($500 collision and comprehensive). Average is less than $600 a vehicle per year. We live in suburbia, have clean records, but, maybe this is biggie - no teen drivers.

What's your take on it? Also, has anyone had success with Geico or the other low cost carriers entering the state?

[sandyart]

I do not know where you live, but we live in Central NJ and the insurance is high. It is just my husband and I with a clean driving record and we pay over 2K. Are you sure you are living in NJ- - I would love to know what town so we can move and reap some of your benefits.

[tahiti]

Originally Posted by sandyart

I do not know where you live, but we live in Central NJ and the insurance is high. It is just my husband and I with a clean driving record and we pay over 2K. Are you sure you are living in NJ- - I would love to know what town so we can move and reap some of your benefits.

morris county. if you can, join NJM, they're phenominal.

[joem212]

Look into 21st Century Insurance, I'm in Middlesex and the savings was $700/year compared to Liberty and ~$300less than GEICO and NJM.

[BobKovacs]

I dunno- my wife and I pay around 2k/year on a 2005 Magnum RT and a 2006 Freestyle through Allstate, which, while I don't enjoy writing the checks, doesn't exactly kill me. Our rates actually went down when we moved back here from Las Vegas, so I'm not so sure I buy the whole "NJ has the highest auto insurance rates" line.

Bob

[tahiti]

Originally Posted by joem212

Look into 21st Century Insurance, I'm in Middlesex and the savings was $700/year compared to Liberty and ~$300less than GEICO and NJM.

for fun i did an online quote - it's about $600/yr more than NJM with higher deductibles. besides, we've had to make several claims with NJM over our 17 year relationship and they are nothing short of superb. no wonder they rated the highest in the nation acc'd to consumer reports.

glad you got a lower rate, though.

[JBrown]

If you can get into NJM go with it...I also have my home owners thru them. I havn't had to use them often (thank God ) but when I have they have been right there..and I mean right there with help etc. I would never go elsewhere.

[Obrero]

Originally Posted by tahiti

Noticed a disgruntled NJ resident below mention auto insurance as "way out of line". Is that the feeling of the majority of the posters here?

Yes, yes, we all know that NJ has the highest rates in the country. I must've lucked out (BIG PROPS for NJM), but our insurance is very reasonable. 3 cars: 1 compact 1998, 1 sedan 1998, 1 small SUV 2006. Standard deductable on all ($500 collision and comprehensive). Average is less than $600 a vehicle per year. We live in suburbia, have clean records, but, maybe this is biggie - no teen drivers.

What's your take on it? Also, has anyone had success with Geico or the other low cost carriers entering the state?

We have NJM as well and pay around $2,800 for 3 cars. Agree about the props for NJN they are just the best. We have our home owners with them as well and they were about $2,000 a year cheaper than USAA. Amazing.

[Roselvr]

Originally Posted by tahiti

for fun i did an online quote - it's about $600/yr more than NJM with higher deductibles. besides, we've had to make several claims with NJM over our 17 year relationship and they are nothing short of superb. no wonder they rated the highest in the nation acc'd to consumer reports.

glad you got a lower rate, though.

I was able to get with them and keep them after marrying someone that had it. I've been very happy with them, and haven't had any problems.

Originally Posted by tahiti

We live in suburbia, have clean records, but, maybe this is biggie - no teen drivers.

I can tell you that having a teen driver or a new driver is expensive. My son (22) has a 2005 Mazda 3, his insurance was about $2,500; compared to insuring a 93 Taurus at $1,800. After a few accidents it didn't really go up but they "suggested" he get his own policy. Since he couldn't be bothered filling in the forms he went with 21st.com and got a better quote, but at this time the car is paid off and he's being penalized for tickets and not insurable by most that send junk mail.

The one issue I have with NJM and I'm not sure if all places are like this is it was a hassle taking my son off of our policy. Even though they suggested he come off, when I called they wouldn't take him off without him having his own policy (which faxing paperwork was another story). I was trying to teach him a lesson and wasn't able to Even though the car that was in both of our names got titled only to him, they still wouldn't do it even though I didn't "own" the car any more.

Originally Posted by JBrown

If you can get into NJM go with it...

A few years ago they had the refer a friend and everyone that I refered was turned down because they didn't work for a qualifying company.

[AnthonyB]

I've heard good things about NJM, but it is a bit moot as not everyone can join.
I pay $2400 a year with NJCure for 2 new 1 banger. Set to drop 20% next year. I had cheaper quotes from Geico but currently have both accident and points forgiveness, which was usefull after my speeding ticket :-).