East Coast Auto Insurance offers top rated New Jersey auto insurance companies from Allstate to Geico and Progressive and 21st Century. We will help you find suitable coverage no matter what your driving history is. Call us now at 888-206-0565 for immediate assistance.
Similar to most states, New Jersey requires all vehicles owners to carry insurance policies as financial proof of responsibility.
The minimums required are:
- $15,000 bodily injury for one person, per accident
- $30,000 bodily injury for two or more persons, per accident
- $5,000 property damage
- $15,000 PIP (Personal Injury Protection)
- $15,000 for Uninsured/Underinsured Motorists
Depending on your financial status, the minimums mandated by the state may not be sufficient, especially with the possibility of law suits which sometimes follow an accident.
In the state of New Jersey, not only will you face jail time for driving under the influence, you also face thousands of dollars in fines ranging from $250 up to $1,000. You will be charged for everything from the drunk driving enforcement fund to a violent crimes compensation fee. The state of New Jersey also treats possession of alcohol similar to driving while under the influence. In addition, New Jersey has a zero tolerance policy for minors and the limits are lower for commercial vehicle drivers than for non-commercial vehicle drivers.
New Jersey (NJ) Teen Auto Insurance Laws, Rates & Requirements
Every 9 minutes in the state of New Jersey, a teen crashes. Between 2003-2007, more than 400 New Jersey teen drivers and passengers were killed in car crashes. In an effort to reduce the number of teen car crashes and fatalities, the state of New Jersey adopted the Graduated Driver Licensing (GDL) system. It even updated the system recently to increase everything from practice time to nighttime driving restrictions.
Our agents are professionally trained to assist you in finding the proper coverage, insuring that you, your family and your assets are fully protected, should you be involved in an accident.
Call us now 888-206-0565
Unlike most states, New Jersey does offer the option of a very basic ‘reduced minimum requirement’, intended for those very young drivers with limited assets. Those minimums are:
- $0 bodily injury for one person
- $10,000 bodily injury for two or more persons, per accident
- $5,000 property damage
What are the rules regarding whether a driver has prior insurance? That is, how does state law handle it if a driver has no prior insurance or has let their previous insurance lapse?
In the state of New Jersey, there is no grace period for paying your insurance. If you are late making a payment, your insurance lapses at 12:01 a.m. Once your insurance lapses, you are not covered. If you are caught driving without auto insurance in the state of New Jersey, in addition to risking economic loss by not having insurance protection, you risk fines, and suspension of your driver’s license or registration. You may have to do community service and you can even go to jail. In the future, your car could be impounded if you are caught driving without coverage and insurance surcharges may apply as well.
Is the state a No Fault or Tort state? What does either mean to the policy owner?
The state of New Jersey has adopted a Choice No Fault system. what this means is, drivers have the option to reject No Fault system options and use the Tort System. Under the Tort System, drivers retain the right to sue for any and all auto related injuries.
What is the average auto insurance premium in this state? As of what year?
As of 2006, New Jersey resident’s average insurance premium was approximately $1,152, the 2nd most expensive in the nation. This down 2.8% from the previous year. The national average was $817.
When placing coverage, we at East Coast Auto will provide competitive quotes customized to your needs, including collision, comprehensive and umbrella policies.
Here are some of the many top rated companies we use:
- 21st Century
- Liberty Mutual
- AARP
- Progressive
- AIG
- Zurich
- Allstate
- Travelers
- Esurance
- Nationwide
- Geico
- State Farm
- Kemper