Friday, May 29, 2009

Which insurance companies are available in New Jersey?

There are so many insurance companies available in New Jersey and each one has filed different rates with New Jersey's insurance regulator. There are roughly 1,500 car insurance companies in the United States. Some companies are part of a larger insurance company group, so in reality you have about 700 different insurance company groups in the United States.
With separate car insurance companies, larger carrier groups have the ability to offer different products and file different rates. It also allows them to offer car insurance through distinguished distribution channels. In some cases, it is easier for an insurance company to meet different New Jersey regulatory requirements that may not be necessary in other states. Some companies decide to file under different insurance companies or different company names. There are approximately seven hundred car insurance company groups in the US. On average, there are about 120 different auto insurance companies available in each state.

This list represents a majority of the companies available in New Jersey. CarInsurance.com may remove carriers that only write a few policies in NJ or carriers that no longer offer new products in New Jersey. As new companies enter or leave New Jersey we will update this listing.

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