Some laws are common sense and common courtesy. For instance, in the state of New Jersey (and throughout the United States), it is against the law to break into someone else's home, commit murder or drink and drive. While you may jay walk or drive a few miles over the speed limit every now and then, you probably think of yourself as a law-abiding citizen. However, there are certain laws within the state of New Jersey that pertain to car insurance that you could be breaking, at this very moment - without even realizing it. If you drive in the Garden State, you must comply with the state minimum requirements for auto insurance, if you wish to avoid legal and financial consequences, as well as, the risk of losing your license. Find out what you need to know about New Jersey Car Insurance by reading the following information.
The Essentials: Auto Insurance in New Jersey
In the state of New Jersey, there are two primary types of auto insurance coverage: Basic Policy and Standard Policy.
Liability: The Bare Minimum
Most states, including New Jersey require drivers to carry a minimum amount of New Jersey car insurance, in order to be considered - legal to drive on the roads. In the state of New Jersey, drivers are required to have at least 15/30/5 liability coverage, these numbers indicate Bodily Injury Liability, Total Bodily Injury Liability (for each accident) and Property Damage Liability. Therefore, if you wish to meet the state's minimum liability requirements, you will need to have at least ,000 liability coverage (per injured person) with a total coverage amount of at least ,000 per accident AND at least ,000 in Property Damage Liability Coverage.
Standard: Full Coverage
A Standard Policy in the state of New Jersey offers the same liability coverages (personal injury and property damage) as a Basic Policy, but there is also so much more to it, as well. In addition, to meeting the state requirements, a Standard Policy extends coverage even further by providing New Jersey motorists with additional coverage options. These more extensive coverage options offer NJ drivers with Personal Injury Protection, Uninsured/Under-insured Motorist Bodily Injury and Uninsured/Under-insured Motorist Property Damage protection, as well. Therefore, no matter what your auto insurance needs are, there is a car insurance option in New Jersey that will give you the coverage you need, most.
If you drive in the Garden State, you need to understand the basic facts about New Jersey Car Insurance. Choose a type that meets your coverage needs (Basic or Standard) and compare rates to find the cheapest policy for you.