Cheapest Car Insurance Quotes in Prospect Park

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406,175 Policies Sold

Prospect Park Car Insurance

^$ 73

/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 Prospect Park

The car insurance rate in Prospect Park is $1486 for a six-month policy, which is $248 higher than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $926, making it a popular choice for budget-conscious drivers. Rates in Prospect Park 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 Prospect Park

$1486

Avg. Car Insurance in New Jersey

$1238

National Average

$1278

Cheapest Car Insurance Companies in Prospect Park

1st place: New Jersey Manufacturers

At $926 for a six month policy, New Jersey Manufacturers offers the cheapest auto insurance rates in the city.

2nd place: New Jersey Skylands Insurance

New Jersey Skylands Insurance offers auto insurance rates at $1120 for a six-month policy, making it one of the cheapest to insure with.

3rd place: NJM

NJM offers auto insurance rates at $1133 for six months, making it the third cheapest auto insurance company in Prospect Park.

Prospect Park Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Prospect Park, NJ is New Jersey Manufacturers, offering policies at just $926 for a six-month term. This is followed by New Jersey Skylands Insurance, which has an average six-month premium of $1120.

At the higher end of the spectrum, Farmers is the most expensive, with rates reaching $2473 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Prospect Park drivers find the best deals.

Cheap Car Insurance Companies in Prospect Park, NJ

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
New Jersey Manufacturers	$926	$155
New Jersey Skylands Insurance	$1120	$191
NJM	$1133	$191
Plymouth Rock	$1234	$208
Progressive	$1297	$218
Travelers	$1382	$233
Amica Mutual	$1568	$262
Allstate	$1618	$272
State Farm	$1746	$294
Selective	$1846	$311
Farmers	$2473	$413

Key Takeaways

Way's key takeaways about car insurance in Prospect Park

The auto insurance costs in Prospect Park fall around $926 for six months.
The cheapest auto insurance company in Prospect Park is New Jersey Manufacturers.
Teen drivers pay the highest rate in Prospect Park at $1255 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 Prospect Park

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 Prospect Park are given below.

New Jersey Manufacturers provides the cheapest minimum car insurance coverage in Prospect Park. Their Average 6 Month Premium is $427. Farmers is the most expensive at $1234 for the same period.

Cheapest Liability Coverage in Prospect Park, NJ

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
New Jersey Manufacturers	$427	$73
Plymouth Rock	$577	$97
NJM	$592	$100
New Jersey Skylands Insurance	$628	$104
Amica Mutual	$642	$109
Amica	$734	$122
Progressive	$734	$124
Travelers	$756	$127
State Farm	$791	$133
Allstate	$877	$148
Selective	$977	$164
Farmers	$1234	$205

Cheapest Full Coverage Car Insurance in Prospect Park

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 Prospect Park is New Jersey Manufacturers at $155 per month and $926 for six months.

Cheapest Full Coverage Car Insurance Quotes in Prospect Park, NJ

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
New Jersey Manufacturers	$926	$155
New Jersey Skylands Insurance	$1120	$191
NJM	$1133	$191
Plymouth Rock	$1234	$208
Progressive	$1297	$218
Travelers	$1382	$233
Amica Mutual	$1568	$262
Allstate	$1618	$272
State Farm	$1746	$294
Selective	$1846	$311
Farmers	$2473	$413

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Average Car Insurance in Prospect Park 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 Prospect Park, NJ increasing?

Despite maintaining a clean driving record, your car insurance rates in Prospect Park, 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, Prospect Park's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.

Car Insurance Premiums by Age in Prospect Park

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	$920
30s	NJM	$715
40s	NJM	$662
50s	NJM	$611
60s	NJM	$563

Cheapest Car Insurance Rates for Teen Drivers in Prospect Park,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 Prospect Park at $109 per month. At $7385 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	$642	$109
NJM	$1283	$216
New Jersey Manufacturers	$2124	$361
Travelers	$2994	$504
Selective	$3244	$546
Plymouth Rock	$3365	$566
Amica Mutual	$3756	$638
Allstate	$4078	$686
Progressive	$4120	$694
State Farm	$4883	$822
Farmers	$7385	$1255

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 Prospect Park.

As young drivers face the highest rates in Prospect Park, NJM offers the cheapest auto insurance rates at $920 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 Prospect Park, Amica Mutual is the cheapest car insurance provider. At $784 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 Prospect Park is State Farm, offering rates of around $8675 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Amica Mutual	$784	$133
New Jersey Skylands Insurance	$984	$164
Foremost	$1098	$187
NJM	$1375	$232
Progressive	$1768	$298
Plymouth Rock	$1825	$307
Farmers	$3278	$558
Selective	$3792	$632
Travelers	$4049	$689
Allstate	$4241	$707
State Farm	$8675	$1475

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Save up to $971/yr on car insurance rates in Prospect Park.

Car Insurance Rates with An Accident in Prospect Park

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 Prospect Park, NJ, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in Prospect Park

The cheapest car insurance companies after an at-fault accident in Prospect Park include New Jersey Skylands Insurance and NJM, offering $756 and $805, respectively. Farmers is an expensive provider with an average six-month premium of $4790.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
New Jersey Skylands Insurance	$756	$126
NJM	$805	$136
New Jersey Manufacturers	$977	$163
Plymouth Rock	$1019	$172
Amica Mutual	$1212	$204
Progressive	$1704	$287
Selective	$2310	$389
Travelers	$2366	$398
State Farm	$2737	$461
Allstate	$4277	$720
Farmers	$4790	$798

Prospect Park Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Prospect Park NJ. For example, the car insurance in Prospect Park after a DUI increases to $1512 for a six month policy. While the rate increases by $207 for a six-month policy in the case of a speeding ticket.

Prospect Park auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$1390	$232
One Med/PIP claim	$1397	$238
Not-at-fault accident	$1462	$244
One comp claim	$1476	$251
Two Med/PIP claims	$1483	$247
Speeding 6 - 10 MPH over limit	$1597	$271
Speeding 11 - 15 MPH over limit	$1604	$268
Two comp claims	$1604	$272
Failure to show documents	$1625	$271
At-fault accident - less than $1000	$1646	$280
Failure to wear a seat belt	$1668	$278
Driving too slowly	$1675	$284
Driving without lights	$1682	$281
Child safety restraint	$1711	$290
Driving with expired registration	$1711	$286
Wrong way/wrong lane	$1739	$295
Failure to yield	$1746	$292
Failure to stop at a red light	$1753	$298
Illegal turn	$1782	$298
Cell phone violation	$1804	$307
Texting while driving	$1804	$300
Speeding in school zone	$1832	$312
Operating a vehicle without permission	$1840	$306
Speeding 16 - 20 MPH over limit	$1840	$313
Improper passing	$1882	$313
Following too closely	$1889	$322
Passing school bus	$1967	$328
In 65 MPH zone	$1981	$337
Speeding 21 - 25 MPH over limit	$2046	$341
At-fault accident - $1000-$2000	$2102	$358
At-fault accident - greater than $2000	$2117	$353
Open container	$2366	$402
Reckless driving	$2773	$462
Leaving scene of an accident/hit and run	$2880	$490
DUI	$2902	$484
Refusal to submit to a chemical test	$2902	$493
Racing	$2909	$485
Driving with a suspended license	$3023	$514

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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 Prospect Park 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 Prospect Park.

The cheapest car insurance premiums in Prospect Park are offered by Plymouth Rock at $877 for a six-month policy. However, it can be as expensive as $6551 with companies like State Farm.

Prospect Park car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Plymouth Rock	$877	$148
Foremost	$962	$161
NJM	$970	$163
Mercury	$1112	$185
New Jersey Manufacturers	$1198	$204
Progressive	$1219	$205
Travelers	$1840	$310
Allstate	$2202	$371
Selective	$2708	$456
Farmers	$3122	$521
Amica Mutual	$6194	$1054
State Farm	$6551	$1103

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 Prospect Park are offered by Plymouth Rock at $812. However, it can be as expensive as $4192 with companies like Farmers for a similar six-month premium.

Cheapest Car Insurance in Prospect Park after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Plymouth Rock	$812	$137
NJM	$1033	$174
Progressive	$1426	$240
Selective	$2053	$342
State Farm	$2081	$354
Travelers	$2388	$398
Allstate	$3479	$592
Farmers	$4192	$698

Car Insurance Price Trends in Prospect Park, New Jersey

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

The average cost of full coverage in the Prospect Park rose by $348 in January compared to $295 of December. In other words, there has been an increase by $53 when you compare January and December.

The average cost of liability insurance in the Prospect Park rose to $116 in January, compared to $103 in December. This represents an increase of $13 when comparing January and December.

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Frequently Asked Questions

How much is car insurance in Prospect Park?

The car insurance in Prospect Park is $73 per month, which is lower than the national average.

What is the cheapest car insurance in Prospect Park?

The cheapest car insurance in Prospect Park is $155 per month for full coverage.

How much is car insurance in Prospect Park for teenagers?

Car insurance for teenagers costs $642 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 Prospect Park?

The average cost of car insurance is $1238 for a six-month policy. It will cost around $250 per month to insure your car in Prospect Park.

Is car insurance expensive in Prospect Park?

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

Cheapest Car Insurance Quotes in Prospect Park

Why you can trust Way?

How Much Is Car Insurance in Prospect Park

Avg. Car Insurance in Prospect Park

Avg. Car Insurance in New Jersey

National Average

Cheapest Car Insurance Companies in Prospect Park

1st place: New Jersey Manufacturers

2nd place: New Jersey Skylands Insurance

3rd place: NJM

Prospect Park Car Insurance Rates by Company

Cheap Car Insurance Companies in Prospect Park, NJ

Way's key takeaways about car insurance in Prospect Park

High Rates Shouldn’t Drive You Out of Pocket.

Cheapest Minimum Liability Car Insurance in Prospect Park

Cheapest Liability Coverage in Prospect Park, NJ

Cheapest Full Coverage Car Insurance in Prospect Park

Cheapest Full Coverage Car Insurance Quotes in Prospect Park, NJ

Don't Let Hidden Costs Drive You Crazy

Average Car Insurance in Prospect Park by Rating Factor

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

Car Insurance Premiums by Age in Prospect Park

Cheapest Car Insurance Companies Based on Age Group

Cheapest Car Insurance Rates for Teen Drivers in Prospect Park,NJ

If you are in your twenties NJM is the best choice for car insurance in Prospect Park.

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 Prospect Park

Cheapest Car Insurance Companies after an At-Fault Accident in Prospect Park

Prospect Park Car Insurance Rates by Violation

Prospect Park auto insurance quotes by violations

Your Wallet Deserves Better. Seriously.

Avoid Having A DUI On Your Driving Record.

Car Insurance Rates in Prospect Park after a DUI

Prospect Park car insurance quotes with a DUI

Cheapest car insurance after a speeding ticket

Cheapest Car Insurance in Prospect Park after Speeding ticket

Car Insurance Price Trends in Prospect Park, New Jersey

Average Car Insurance Cost in Prospect Park by ZIP Code

Frequently Asked Questions

Tired of Insane Auto Insurance Bills? Us Too!

Find Car Insurance Rates in Cities Near Prospect Park, NJ

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

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