Finding affordable New Jersey Auto Insurance

New Jersey combines hundreds of miles of coastline, hundreds of square miles of swamplands, Pine Barrens, populated city centers, suburban sprawl, and beautiful pristine mountains in the north.  The most densely populated state in the US, New Jersey is a state of drivers heading for destinations both within and beyond state borders.  And, with more than 6 million licensed drivers and just under 9 million residents, New Jersey is a big state for auto insurance.  With all of this in mind, let’s take a moment to closely examine New Jersey auto insurance requirements here, so that you can be fully informed.


What Requirements You Need Regarding Auto Insurance In New Jersey


By state law, every driver licensed in New Jersey must have auto insurance that meets its basic coverage requirements.  This basic coverage includes $5,000 per accident property damage liability as well as $15,000 personal injury liability.  This basic requirement is provided by all car insurance agencies working both within the state and nationally.  In addition, it is responsible for setting the base rate of how much your New Jersey auto insurance will cost.


Expanding Your Coverage


As recommended by both the state of New Jersey as well as the majority of informed drivers you ask, the basic coverage is just that.  It covers basic needs, and may not provide the level of protection or coverage you need for your vehicle.  With that in mind, New Jersey has a standard policy coverage option that ranges in price based on the amount you are willing to pay.  For example, the standard policy for New Jersey includes a $15,000 per person bodily injury at the lowest, a $5,000 to $100,000 or more property damage liability, and a $15,000 to $250,000 personal injury protection.  In addition, comprehensive, collision, and uninsured motorist insurance all options for standard policy coverage.

Determining Your Rate And Finding Affordable Quotes

New Jersey has among the highest auto insurance rates in the country.  With that being said, there are many things that can make the final cost go either up or down.  The first is the range of coverage you are looking for.  There can be hundreds of dollars between basic and standard coverage, and you should know exactly what you need prior to shopping around.  The type of car you have and the condition it is in can also influence the price.  Use this information to create an idea of how much auto insurance will cost.  With that in mind, go out and begin shopping around.  Many auto insurance agencies such as this, will provide online or over the phone quotes.  With your needs in mind, find the quote that works best for you.

Categories: Auto