New Jersey seniors face a growing financial burden as car insurance rates in the state have hit record highs in 2025. The average annual premium for full coverage now stands at $2,957, while minimum coverage averages $1,285—both significantly higher than the national average.
For senior drivers, costs typically begin increasing around age 65 due to higher accident risk and more expensive medical costs following collisions. A 65-year-old New Jersey driver pays approximately $1,856 yearly for full coverage, with rates climbing 6% at age 70 and 11% by age 75.
Seniors can reduce costs by completing defensive driving courses, bundling multiple policies, and maintaining clean driving records. Consider reviewing your policy at each renewal period and comparing quotes from different insurers. Shop around for the best rates, as prices can change often.
If your driving habits have changed—perhaps you’re driving less frequently—raising deductibles or adjusting coverage levels might make sense.
By taking a proactive approach to insurance management, New Jersey seniors can better navigate these rising costs while maintaining necessary protection on the road.