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Why the hell car insurance prices are SO MUCH EXPENSIVE in here? (USA)?
I moved to USA-NJ two months ago. And I bought a car. They want about 1500 for a freakin insurance!! (only for 6 months) In my country (cyprus) we pay about 350 for whole year!!
Public Comments
- welcome to America where things often cost more. if you shop around you might find a better price. sorry you are paying so much.
- new jersey is a very expensive place to get insurance. i heard from a broker a few years ago that new jersey has a lot of accidents and that's the reason why it is so expensive there and some companies don't even do their business in new jersey
- New Jersey has a lot of fraud and high rate of accidents. Also, the cost to fix cars and the cost of health insurance is also increasing - which affects the rate.
- You picked an extreme state to move to. NJ insurance rates are super high, compared to anywhere else I've lived. 3 times more than IL, and WI. Shop around. If you qualify for New Jersey Manufacturers Insurance, that will be your best bet. They are by far the cheapest rates in the state. I have a friend that went from $1700 a year to under $1000. So if you can get that, I recommend it. Good luck.
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