Auto insurance is a must for anyone operating a motor vehicle in the state of New Jersey. Bodily injury, Personal Injury Protection, and uninsured motorist policies are all required to be carried on your vehicle to satisfy the New Jersey Financial Responsibility law. Although not required by the state, collision is another type of coverage many drivers choose to add to their state-required policies. This coverage pays for repairs for damages caused to your personal vehicle after an accident. This coverage can save tens of thousands of dollars in an auto accident.
Liability insurance pays others for damages that you cause if you are responsible for an accident. It does not cover medical expenses. Personal injury protection (PIP) pays medical expenses if you or other persons covered under your policy are injured in an accident. Often called No Fault coverage, it pays your medical expenses even if you were not at fault. Uninsured motorist coverage protects you if you are in an accident with someone who doesn’t have proper insurance coverage.
An identification card will be issued by the auto insurance company. This card must be carried in the vehicle at all times. Driving without auto insurance is a crime, and there are penalties that come along with it including fines, loss of vehicle regsistration, and suspended driving priveleages. The card must be presented to the DMV or any law enforcement officer upon request.
Drivers in New Jersey paid an average of $1,184 in 2009 for their premiums.Rates for car insurance coverage can vary significantly, and can be based on several factors. Auto insurance companies may use your credit score to help determine the amount of your premium, Along with a credit score, expect your driving record, type of vehicle to be insured, age, gender, and previous insurance history to also factor in on your premium.
It is recommended to obtain a minimum of 3 different auto insurance quotes from various companies. At www.esurance.com, free, no obligation quotes are provided in minutes. You’ll receive quotes from all of the top insurers in a few short minutes. Quotes, as well as additional information pertaining to New Jersey’s minimum auto insurance requirements can be found at www.dmv.org/newjersery. Multiple quotes are also provided free of charge at this web site. Comparing rates among insurance companies can save a bundle of cash, and help you find the best company for your needs.