Insurance Costs in Edison, NJ
Auto insurance in Edison averages $2,017 per year for full coverage, which is higher than the national average. Here is a detailed breakdown of what residents pay.
Updated July 2026Auto Insurance in Edison, NJ: What You Need to Know
Edison residents pay an average of $2,017 per year for full coverage auto insurance, which is 5.0% above the New Jersey state average and 20.5% above the national average.
With a population of 107,588, Edison is a mid-size city in New Jersey. Insurance rates here are typical for the state.
Coverage Level Comparison
| Coverage Type | Annual Cost | Monthly Cost |
|---|---|---|
| Full Coverage (100/300/100) | $2,017 | $168 |
| Standard Coverage (50/100/50) | $1,654 | $138 |
| State Minimum (25/50/25) | $847 | $71 |
Homeowners Insurance in Edison, NJ
The average cost of homeowners insurance in Edison is $1,458 per year ($122/month), which is 19.9% below the national average.
Home insurance costs are influenced by local factors including weather risks (hail, wind, flooding), property values, local building costs, and proximity to fire stations.
Renters Insurance in Edison, NJ
Renters insurance in Edison averages $204 per year ($17/month). Renters insurance is affordable and protects your personal belongings, provides liability coverage, and may cover temporary living expenses if your rental becomes uninhabitable.
Compare with Other New Jersey Cities
| City | Auto Insurance | Home Insurance |
|---|---|---|
| Newark | $2,593/yr | $1,458/yr |
| Jersey City | $2,344/yr | $1,556/yr |
| Paterson | $2,459/yr | $1,320/yr |
| Elizabeth | $2,344/yr | $1,361/yr |
| Woodbridge | $2,017/yr | $1,417/yr |
| Toms River | $1,959/yr | $1,528/yr |
| Trenton | $2,401/yr | $1,139/yr |
| Clifton | $2,113/yr | $1,278/yr |
How to Save on Insurance in Edison
- Shop around. Get quotes from at least 3-5 different insurers. Rates in Edison can vary by $500 or more between companies for the same coverage.
- Bundle auto and home/renters. Many companies offer 10-25% off when you carry multiple policies.
- Increase your deductible. Raising your deductible from $500 to $1,000 can cut your premium by 15-30%.
- Ask about local discounts. Some insurers offer discounts for anti-theft devices, safe driving courses, or parking in a garage.
- Review coverage annually. Your needs change over time. Make sure you are not paying for coverage you do not need.
Frequently Asked Questions
How much is car insurance in Edison, NJ?
The average cost of car insurance in Edison, NJ is $2,017 per year for full coverage, or about $168 per month. Minimum coverage costs around $847 per year.
Is car insurance expensive in Edison?
Yes, car insurance in Edison is above both the state and national averages.
How much is home insurance in Edison?
Homeowners insurance in Edison costs an average of $1,458 per year. Your actual cost depends on your home's value, age, construction type, and specific location.