Cheapest Car Insurance Quotes in Medford Lakes

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Medford Lakes Car Insurance

^$ 56

/mo

Written by Sara Sam

Edited by Renee Martin

Why you can trust Way?

The auto insurance rates published in this guide are based on the results of research completed by Way’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with Way.

Table of Contents

How Much Is Car Insurance in Medford Lakes

The car insurance rate in Medford Lakes is $1066 for a six-month policy, which is $56 lower than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $733, making it a popular choice for budget-conscious drivers. Rates in Medford Lakes can vary depending on your age, driving record, and coverage level, so not every driver will pay the same amount. Choosing a higher deductible, maintaining a clean driving history, and comparing quotes from multiple insurers can help you find better deals and save money over time.

Avg. Car Insurance in Medford Lakes

$1066

Avg. Car Insurance in New Jersey

$1122

National Average

$1140

Cheapest Car Insurance Companies in Medford Lakes

1st place: New Jersey Manufacturers

At $733 for a six month policy, New Jersey Manufacturers offers the cheapest auto insurance rates in the city.

2nd place: NJM

NJM offers auto insurance rates at $875 for a six-month policy, making it one of the cheapest to insure with.

3rd place: New Jersey Skylands Insurance

New Jersey Skylands Insurance offers auto insurance rates at $886 for six months, making it the third cheapest auto insurance company in Medford Lakes.

Medford Lakes Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Medford Lakes, NJ is New Jersey Manufacturers, offering policies at just $733 for a six-month term. This is followed by NJM, which has an average six-month premium of $875.

At the higher end of the spectrum, National General is the most expensive, with rates reaching $965 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Medford Lakes drivers find the best deals.

Cheap Car Insurance Companies in Medford Lakes, NJ

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
New Jersey Manufacturers	$733	$124
NJM	$875	$147
New Jersey Skylands Insurance	$886	$151
Progressive	$897	$151
Plymouth Rock	$954	$161
Allstate	$1078	$181
Travelers	$1112	$187
State Farm	$1185	$200
Amica Mutual	$1242	$211
Selective	$1292	$216
Farmers	$1574	$268
National General	$965	$164

Key Takeaways

Way's key takeaways about car insurance in Medford Lakes

The auto insurance costs in Medford Lakes fall around $733 for six months.
The cheapest auto insurance company in Medford Lakes is New Jersey Manufacturers.
Teen drivers pay the highest rate in Medford Lakes at $1002 per month.

High Rates Shouldn’t Drive You Out of Pocket.

Save up to $971/yr with our auto insurance quotes

Cheapest Minimum Liability Car Insurance in Medford Lakes

Since car insurance is a critical requirement for owning a car, you must have minimum liability car insurance. The cheapest car insurance companies for minimum coverage in Medford Lakes are given below.

New Jersey Manufacturers provides the cheapest minimum car insurance coverage in Medford Lakes. Their Average 6 Month Premium is $338. National General is the most expensive at $355 for the same period.

Cheapest Liability Coverage in Medford Lakes, NJ

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
New Jersey Manufacturers	$338	$56
Plymouth Rock	$424	$71
Progressive	$424	$71
NJM	$457	$77
New Jersey Skylands Insurance	$497	$83
State Farm	$503	$85
Amica Mutual	$508	$85
Travelers	$508	$86
Amica	$581	$97
Selective	$615	$105
Allstate	$632	$106
Farmers	$1021	$174
National General	$355	$61

Cheapest Full Coverage Car Insurance in Medford Lakes

One might think that minimum coverage is only required when insuring your car insurance. However, having full coverage car insurance in any city is certainly a wise choice as it offers better coverage and protection. Our best pick for the cheapest auto insurance quotes in Medford Lakes is New Jersey Manufacturers at $124 per month and $733 for six months.

Cheapest Full Coverage Car Insurance Quotes in Medford Lakes, NJ

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
New Jersey Manufacturers	$733	$124
NJM	$875	$147
New Jersey Skylands Insurance	$886	$151
Progressive	$897	$151
Plymouth Rock	$954	$161
Allstate	$1078	$181
Travelers	$1112	$187
State Farm	$1185	$200
Amica Mutual	$1242	$211
Selective	$1292	$216
Farmers	$1574	$268
National General	$965	$164

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Average Car Insurance in Medford Lakes by Rating Factor

The car insurance rates for two people under the same ZIP code will mostly be different. This is mostly because insurance rates are calculated based on several rating factors. These rating factors include the driver's age, gender, marital status, driving and claims history, credit score, location, type of vehicle, and coverage levels.

I have a clean driving record. Why is my car insurance rate here in Medford Lakes, NJ increasing?

Despite maintaining a clean driving record, your car insurance rates in Medford Lakes, New Jersey, may be increasing due to several external factors. New Jersey has experienced significant rate hikes recently, with average premiums rising by 25.5% in 2023, largely attributed to higher claims volumes and inflation.

Additionally, Medford Lakes's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.

Car Insurance Premiums by Age in Medford Lakes

It is quite evident why teen drivers pay the highest car insurance rates in any city. Their lack of experience and increased accident rates make them a highly risky category. However, as you grow older, your car insurance rates will decrease. So, it is better to not have separate policies for teens; instead, add them to their parents' policies.

Cheapest Car Insurance Companies Based on Age Group

Age Group	Cheapest Companies	Avg. 6 Mo. Premium
20s	NJM	$729
30s	NJM	$566
40s	NJM	$524
50s	NJM	$484
60s	NJM	$446

Cheapest Car Insurance Rates for Teen Drivers in Medford Lakes,NJ

If you are planning to get a car insurance policy for your teenage dependent, New Jersey Skylands Insurance provides the cheapest car insurance in the Medford Lakes at $86 per month. At $5897 for a six-month premium, Farmers offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
New Jersey Skylands Insurance	$508	$86
Selective	$637	$106
NJM	$971	$163
New Jersey Manufacturers	$1682	$280
Travelers	$2353	$396
Plymouth Rock	$2522	$425
Allstate	$2528	$426
Progressive	$2754	$464
Amica Mutual	$2974	$505
State Farm	$3261	$549
Farmers	$5897	$1002

Teen Car Insurance Rates in NJ by Age

Way Tip

If you are in your twenties NJM is the best choice for car insurance in Medford Lakes.

As young drivers face the highest rates in Medford Lakes, NJM offers the cheapest auto insurance rates at $729 for six months.

Car Insurance Rates by Credit Score & Driving History

Similar to your driving history, your financial history also plays a key role in determining your auto insurance rates. A low credit score would mean a lapse in payment and increased chances of filing claims, which results in higher auto insurance rates. Therefore, the higher the credit score, the lower the car insurance rates will be.

Cheapest Car Insurance Companies for Bad Credit

For those with poor credit scores in Medford Lakes, Amica Mutual is the cheapest car insurance provider. At $620 for a six-month premium, they offer the best rates in the city. The most expensive auto insurance rate for drivers with bad credit in Medford Lakes is Farmers, offering rates of around $5327 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Amica Mutual	$620	$105
New Jersey Skylands Insurance	$779	$130
Foremost	$869	$148
NJM	$1050	$177
Progressive	$1061	$179
Plymouth Rock	$1377	$232
Allstate	$2353	$400
Travelers	$3386	$564
State Farm	$5152	$876
Farmers	$5327	$888

Escape the Trap of Rising Insurance Costs.

Save up to $971/yr on car insurance rates in Medford Lakes.

Car Insurance Rates with An Accident in Medford Lakes

Both accidents and the resulting increase in insurance rates are often beyond our control. When you’re involved in an accident, you become riskier to insure, consequently increasing the rates. In Medford Lakes, NJ, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in Medford Lakes

The cheapest car insurance companies after an at-fault accident in Medford Lakes include New Jersey Skylands Insurance and NJM, offering $599 and $615, respectively. National General is an expensive provider with an average six-month premium of $412.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
New Jersey Skylands Insurance	$599	$100
NJM	$615	$104
New Jersey Manufacturers	$773	$129
Plymouth Rock	$779	$131
Selective	$897	$149
Amica Mutual	$960	$162
Progressive	$1196	$201
State Farm	$1829	$308
Travelers	$1929	$325
Allstate	$2691	$453
Farmers	$4858	$809
National General	$412	$68

Medford Lakes Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Medford Lakes NJ. For example, the car insurance in Medford Lakes after a DUI increases to $1197 for a six month policy. While the rate increases by $164 for a six-month policy in the case of a speeding ticket.

Medford Lakes auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$1100	$183
One Med/PIP claim	$1106	$188
Not-at-fault accident	$1157	$193
One comp claim	$1169	$199
Two Med/PIP claims	$1174	$196
Speeding 6 - 10 MPH over limit	$1264	$215
Speeding 11 - 15 MPH over limit	$1270	$212
Two comp claims	$1270	$216
Failure to show documents	$1286	$215
At-fault accident - less than $1000	$1303	$221
Failure to wear a seat belt	$1321	$220
Driving too slowly	$1326	$225
Driving without lights	$1332	$222
Child safety restraint	$1355	$230
Driving with expired registration	$1355	$226
Wrong way/wrong lane	$1377	$234
Failure to yield	$1382	$231
Failure to stop at a red light	$1388	$236
Illegal turn	$1411	$236
Cell phone violation	$1428	$243
Texting while driving	$1428	$238
Speeding in school zone	$1451	$247
Operating a vehicle without permission	$1456	$242
Speeding 16 - 20 MPH over limit	$1456	$248
Improper passing	$1490	$248
Following too closely	$1495	$255
Passing school bus	$1557	$259
In 65 MPH zone	$1568	$267
Speeding 21 - 25 MPH over limit	$1620	$270
At-fault accident - $1000-$2000	$1664	$283
At-fault accident - greater than $2000	$1676	$279
Open container	$1873	$318
Reckless driving	$2195	$366
Leaving scene of an accident/hit and run	$2280	$388
DUI	$2297	$383
Refusal to submit to a chemical test	$2297	$390
Racing	$2303	$384
Driving with a suspended license	$2393	$407

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Way Tip

Avoid Having A DUI On Your Driving Record.

A DUI can increase your car insurance rates—by $5,000 to $10,000 over five years. Speeding, reckless driving, and at-fault accidents also raise rates, staying on your record for 3–5 years, while DUIs/DWIs can impact you longer.

Car Insurance Rates in Medford Lakes after a DUI

There may have been times when you drank but chose not to drive—a smart and responsible decision, as most states treat DUIs as a serious offense. Your car insurance rates can double after a DUI charge, making it harder to find affordable coverage in Medford Lakes.

The cheapest car insurance premiums in Medford Lakes are offered by Plymouth Rock at $672 for a six-month policy. However, it can be as expensive as $4904 with companies like Amica Mutual.

Medford Lakes car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Plymouth Rock	$672	$113
NJM	$739	$124
Foremost	$762	$129
Progressive	$858	$144
Mercury	$881	$150
New Jersey Manufacturers	$948	$158
Selective	$1004	$171
Allstate	$1434	$241
Travelers	$1495	$252
State Farm	$4362	$734
Farmers	$4831	$822
Amica Mutual	$4904	$817

Cheapest car insurance after a speeding ticket

One of the easiest ways to save money on car insurance is to stay within the speed limit. After a speeding violation, the cheapest car insurance premiums in Medford Lakes are offered by Plymouth Rock at $615. However, it can be as expensive as $2223 with companies like Farmers for a similar six-month premium.

Cheapest Car Insurance in Medford Lakes after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Plymouth Rock	$615	$104
NJM	$779	$131
Progressive	$881	$148
State Farm	$1247	$212
Allstate	$1885	$314
Travelers	$1981	$337
Farmers	$2223	$371

Car Insurance Price Trends in Medford Lakes, New Jersey

Car insurance rates in Medford Lakes have fluctuated due to factors such as state regulations, inflation, and changing driving habits.

The average cost of full coverage in the Medford Lakes rose by $234 in December compared to $231 of November. In other words, there has been an increase by $3 when you compare December and November.

The average cost of liability insurance in the Medford Lakes rose to $82 in December, compared to $79 in November. This represents an increase of $3 when comparing December and November.

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Frequently Asked Questions

How much is car insurance in Medford Lakes?

The car insurance in Medford Lakes is $56 per month, which is lower than the national average.

What is the cheapest car insurance in Medford Lakes?

The cheapest car insurance in Medford Lakes is $124 per month for full coverage.

How much is car insurance in Medford Lakes for teenagers?

Car insurance for teenagers costs $508 per 6 months. The rates for teen drivers are higher due to their lack of experience as drivers.

What's the average cost of car insurance in Medford Lakes?

The average cost of car insurance is $1122 for a six-month policy. It will cost around $180 per month to insure your car in Medford Lakes.

Is car insurance expensive in Medford Lakes?

Car insurance can be expensive in Medford Lakes if your rating factors are not favorable. However, with a clean driving record and good credit score, car insurance rates in Medford Lakes can be affordable.

Cheapest Car Insurance Quotes in Medford Lakes

Why you can trust Way?

How Much Is Car Insurance in Medford Lakes

Avg. Car Insurance in Medford Lakes

Avg. Car Insurance in New Jersey

National Average

Cheapest Car Insurance Companies in Medford Lakes

1st place: New Jersey Manufacturers

2nd place: NJM

3rd place: New Jersey Skylands Insurance

Medford Lakes Car Insurance Rates by Company

Cheap Car Insurance Companies in Medford Lakes, NJ

Way's key takeaways about car insurance in Medford Lakes

High Rates Shouldn’t Drive You Out of Pocket.

Cheapest Minimum Liability Car Insurance in Medford Lakes

Cheapest Liability Coverage in Medford Lakes, NJ

Cheapest Full Coverage Car Insurance in Medford Lakes

Cheapest Full Coverage Car Insurance Quotes in Medford Lakes, NJ

Don't Let Hidden Costs Drive You Crazy

Average Car Insurance in Medford Lakes by Rating Factor

I have a clean driving record. Why is my car insurance rate here in Medford Lakes, NJ increasing?

Car Insurance Premiums by Age in Medford Lakes

Cheapest Car Insurance Companies Based on Age Group

Cheapest Car Insurance Rates for Teen Drivers in Medford Lakes,NJ

If you are in your twenties NJM is the best choice for car insurance in Medford Lakes.

Car Insurance Rates by Credit Score & Driving History

Cheapest Car Insurance Companies for Bad Credit

Escape the Trap of Rising Insurance Costs.

Car Insurance Rates with An Accident in Medford Lakes

Cheapest Car Insurance Companies after an At-Fault Accident in Medford Lakes

Medford Lakes Car Insurance Rates by Violation

Medford Lakes auto insurance quotes by violations

Your Wallet Deserves Better. Seriously.

Avoid Having A DUI On Your Driving Record.

Car Insurance Rates in Medford Lakes after a DUI

Medford Lakes car insurance quotes with a DUI

Cheapest car insurance after a speeding ticket

Cheapest Car Insurance in Medford Lakes after Speeding ticket

Car Insurance Price Trends in Medford Lakes, New Jersey

Average Car Insurance Cost in Medford Lakes by ZIP Code

Frequently Asked Questions

Tired of Insane Auto Insurance Bills? Us Too!

Find Car Insurance Rates in Cities Near Medford Lakes, NJ

Car Insurance Rates by State in the USA (2025 Update)

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