New Jersey Auto Insurance
New Jersey auto insurance is required for all licensed drivers operating a motor vehicle on any public road within the state. NJ state requires all motorists to carry 3 different types of insurance on any vehicle registered within the state. The 3 types of NJ auto insurance are:
- Liability (this pays for the damage you may cause to others regarding an accident that is considered your fault).
- Personal Injury Protection (PIP) (this is coverage for medical payments whether it’s considered your fault or not).
- Uninsured Motorist Coverage (this covers you in case of involvement with an underinsured or noninsured person).
The state of New Jersey is kind of unique in that they don’t specify exact coverage amounts but rather provide a basic example of recommended coverage amounts. You can find all of the state’s recommendations as well as all other NJ auto insurance information.
Driving Without New Jersey Auto Insurance
The penalties and fines for driving without auto insurance in the state of NJ are pretty stiff. Not only are you risking severe financial loss due to being liable for damages (to yourself as well as others) but you are also subject to legal punishment as well. Your drivers license can be suspended and you may be subject to jail time.
New Jersey’s Basic Auto Insurance Policy
- Bodily Injury: Not included but $10,000 per person/per accident is an option.
- Property Damage Liability: $5,000 per accident provided with the basic policy.
- Personal Injury Protection: $15,000 per person/per accident (up to $250,000 for permanent or significant injury)
- Uninsured/ Underinsured Motorist Coverage: none.
- Collision: none.
- Comprehensive: none.
New Jersey’s Standard Auto Insurance
- Bodily Injury: $15,000 per person/per accident ($30,000 for all persons in any one accident)
- Property Damage Liability: $5,000 per accident.
- Personal Injury Protection: $250,000 per person/per accident (you can select a lower limit however). $250,000 for permanent or significant injury as defined in the policy regardless of selected limit though.
- Uninsured/ Underinsured Motorist Coverage: amounts similar to selected liability coverage.
- Collision: The standard auto insurance offers collison as an option.
- Comprehensive: Standard insurance offers this as an option as well.
Getting the Lowest New Jersey Auto Insurance Rate
While the state provides recommended guidelines for your auto insurance please be aware that they do have required minimums. If you are found to be underinsured it will cost you a lot more in the long run than the short term lower premium payments you can save by underinsuring yourself.
In order to get the lowest NJ auto insurance the key is to get multiple quotes from multiple insurance providers authorized to do business in the state of New Jersey. That’s exactly why Check Insurance Rates was formed, to provide an easy way for you to check rates from all insurance carriers who are writing auto insurance policies in your area.
Now, all you have to do is check insurance rates here and you’ll instantly see which provider is currently offering the best deal. Click any of the auto insurance links on this page to get started!