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Obtaining Car Insurance quotes in New Jersey

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The detailed and complex world of car insurance quotes can often leave consumers feeling confused about the options they have available. There are a large number of different options available in terms of where policies can be purchased and residents of the Garden State need to be fully aware of them all if effective price comparisons are going to be made. State laws vary greatly across the US and there are different minimum levels of mandatory insurance requirements that apply from region to region. The New Jersey Department of Banking and Insurance will be able to provide particulars on these compulsory coverage purchases.

Motorists in New Jersey are subject to some of the most comprehensive mandatory coverage requirements throughout the entire country and this is reflected in the detailed information provided in all auto insurance quotes. Before offering premium prices to their customers, all insurance carriers operating within the confines of New Jersey need to be licensed and it is illegal to carry out business without being listed on the roll of approved insurers.

New Jersey operates as a no-fault state, which means that motorists will be covered by their own insurance companies irrespective of which party is deemed to be at fault in a road traffic accident. The no-fault system was implemented to reduce the amount of cases going to court. Because of the increasing number of private lawsuits being taken out by motorists involved in accidents, the court system inevitably suffered from unnecessary backlogs and expense. The no-fault insurance system alleviates the pressures of private legal action so that the courts can be free to deal with other cases, many of which are considered to be more important.

However, it should be noted that there will still be incidents where injuries sustained or damage to property will exceed the levels of coverage provided by car insurance quotes in New Jersey and this makes it highly important to take out sufficient auto insurance to allow for all eventualities. It should be noted that the minimum levels of compulsory auto insurance are listed as follows:

  • $15,000 worth of bodily injury liability per person
  • $30,000 worth of bodily injury liability per accident
  • $5,000 of property damage liability
  • Personal injury protection to a minimum value of $15,000
  • $15,000 of uninsured or underinsured motorist protection per person
  • $30,000 of uninsured or underinsured motorist protection per accident
  • $5,000 of uninsured or underinsured motorist property damage coverage

The above criteria make up the features of a standard policy in New Jersey and this is the minimum level of coverage that should be included on all car insurance quotes provided within the Garden State. However, motorists are advised to purchase higher levels of auto insurance coverage wherever possible.

Personal injury protection is an essential part of all policies as this will pay for medical expenses, loss of earnings and funeral expenses for the policyholder and any other passengers in the vehicle at the time of the accident to the full value of coverage taken out.

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