New Jersey Auto Insurance

Posted by Harry Wagner

Paying too much for your auto insurance in NJ? Enter your zip code above and receive several New Jersey auto insurance quotes in minutes.

New Jersey is an expensive state to insure a vehicle, but most people do not have a choice in the matter. If they own less than 25 vehicles, they are required to purchase liability insurance. This means that the average New Jersey driver is paying $1,949.37 every year for auto insurance coverage.

What Are the Auto Insurance Requirements in New Jersey?

For the amount listed above, drivers will choose between the Basic Policy and the Standard Policy.

The Basic Policy contains the following coverage:

  • Property Damage Liability in the amount of $5,000
  • Personal Injury Protection in the amount of $15,000

The Standard Policy allows drivers to purchase much more coverage in the following amounts:

  • Bodily Injury Liability for one third party’s injuries in the amount of $15,000
  • Bodily Injury Liability for all third parties injured in the collision in the amount of $30,000
  • Property Damage Liability in the amount of $5,000
  • Uninsured and Underinsured Motorist Bodily Injury in the amounts of $15,000/$30,000
  • Uninsured Motorist Property Damage in the amount of $5,000
  • Personal Injury Protection in the amount of $15,000

The Penalties for Failing to Purchase Auto Insurance

The state’s average is high for most people, but not purchasing this coverage is not an option. The penalties for failing to maintain New Jersey car insurance are very high. A first offense can mean that offenders are given a fine between $300 and $1,000. They may also lose their driving privileges for up to 12 months and will have to perform community service.

Ways to Lower Auto Insurance Rates in New Jersey

Fortunately, New Jersey drivers can seek cheap car insurance in NJ, and all they have to do is enter their zip codes in the comparison tool above. Just a couple of minutes later, they will receive several New Jersey auto insurance quotes. Among these several quotes will be some very affordable rates from well-known national auto insurance companies that have very good coverage for their clients.

Obtaining several auto insurance quotes through a comparison tool is the fastest and easiest way to find the lowest auto insurance rates in New Jersey. Those who decide to take this matter into their own hands and call each company individually will find that this is a very time-consuming process. They will also find that visiting the companies’ websites will require that they spend a great deal of time on their computers seeking quotes. The best choice is to enter their zip codes above and have the several quotes they need in minutes.

After New Jersey drivers receive their affordable quotes, they may be able to lower their rates even further if they ask for discounts. If they are driving a very safe vehicle, they will need to point this out to their insurance agents because this also has the effect of lowering their rates.