The state of New Jersey requires all vehicle owners to carry car insurance. Your policy must include, at a minimum, $5,000 in property damage liability coverage, to cover third-party damage if you cause an accident; $15,000 in personal injury protection (PIP), to cover injuries sustained by you and your passengers, regardless of fault; and $250,000 in serious injury coverage.
Americans pay an average of $1,311 a year for their car insurance. In New Jersey, rates run slightly higher with an average annual cost of $1,375. Car insurance rates are based on several considerations, including details about you, such as your age, occupation, and driving record; and details about your car, such as its year, make, and model. Your cost for coverage can even be influenced by your credit score. Independent agents make it easy to shop around for a great policy at a competitive rate.
My son just got his license so we wanted to bundle the packages for the insurance together. I called some companies directly, but the cost wasn’t good enough. The TrustedChoice agent gave me the best price and he was also very nice. He was great and I recommended him to somebody else. I will tell my friends to go for it if they ask.Joe of Mount Holly, NJ Consumer Affairs
Failure to carry insurance carries very harsh penalties in New Jersey. These include fines up to $5,000, required community service, a one- to two-year suspension of your license, and court costs and fees. A second offense comes with a minimum sentence of 14 days in jail. When purchasing car insurance, NJ drivers can choose a basic policy or a standard policy. Basic policies are less expensive, but provide more limited coverage than standard policies. A typical car insurance policy includes:
If you currently owe more for your vehicle than it is worth, you may want to talk to your insurance agent about how gap insurance can provide an added layer of protection in the event that your vehicle is totaled.
There are currently 485 independent insurance agents in New Jersey who are ready to help. Independent agents are free to work with several different insurance providers, so they can acquire a variety of customized car insurance quotes that you can review and compare together. Let a local independent agent help you find the most affordable policy to meet your auto coverage needs.