In New Jersey, the state minimum coverage requirements are as follows:
Liability
Bodily Injury $15,000 per person
Bodily Injury $30,000 per accident
Property Damage $5,000 per accident
Uninsured/Underinsured Motorist
Bodily Injury $15,000 per person
Bodily Injury $30,000 per accident
Property Damage $5,000
Personal Injury Protection
$15,000 PIP coverage per person (Primary or Secondary to health coverage)
Right to Sue
Limited or Unlimited
Optional coverage in New Jersey (varies by carrier):
Additional PIP
Extended Medical Benefits
Funeral Expense Coverage
Death Benefit Coverage
Comprehensive Coverage
Collision Coverage
Rental Car Reimbursement
Roadside Assistance/Towing and Labor
Liability coverage is legally required in New Jersey and pays for injury and lost wages that you cause to another driver or their passengers as well as damage to the other driver’s vehicle in the event that you are considered “at fault” in an accident. The coverage limits are determined by each individual state and normally split into three categories. In New Jersey, the minimum is listed as 15/30/5 and explained below:
$15,000 bodily injury coverage per person. This is the maximum dollar amount that pays for a single person that you injure in an auto accident.
$30,000 bodily injury coverage per accident. This is the maximum dollar amount that pays for all injuries that you cause in an accident if more than one person is hurt.
$5,000 property damage per accident. This is the maximum dollar amount that pays for damage that you cause in an accident.
Uninsured/Underinsured Motorist coverage is legally required in New Jersey and pays for injury and lost wages that you or your passengers may suffer in the event that you are hit by an uninsured/underinsured driver who is at fault. The coverage limits are determined by each individual state and normally split into two categories. In New Jersey, the minimum is listed as 15/30/5 and explained below:
$15,000 bodily injury coverage per person. This is the maximum dollar amount that pays for a single person injured in your vehicle by an uninsured/underinsured driver.
$30,000 bodily injury coverage per accident. This is the maximum dollar amount that pays for all injuries in your vehicle by an uninsured/underinsured driver if more than one person is hurt.
$5,000 property damage coverage per accident. This is the maximum dollar amount that pays for damage caused to your vehicle by an uninsured/underinsured driver.
Personal Injury Protection (PIP) in New Jersey can be coordinated with your health insurance or is offered as a stand-alone coverage for drivers that do not carry health insurance. It is important to check with your health insurance provider as to how or if they provide coverage for injuries resulting from auto accidents. Work loss, death benefit, and funeral expenses are not required but can be added to PIP to broaden coverage for you and your passengers. Minimum PIP coverage in New Jersey is listed below:
$15,000 per person. This is the total that pays out for injuries suffered by anyone in your vehicle, including the driver, regardless of fault. Limits can be increased to better suit your needs.
The lawsuit options in New Jersey determine a driver’s ability to sue for pain and suffering resulting from an accident. Choosing the “limited” option restricts the policyholder and their household members’ right to sue for pain and suffering in an accident to extreme circumstances like death, permanent disfigurement, or loss of a body part in return for a lower premium. Selecting the “unlimited” option allows the policyholder to sue for pain and suffering regardless of the severity of the injuries. This is generally a much more expensive option.
New Jersey is a no fault state!
What does this mean for you?
Put simply, a no-fault insurance laws system requires that drivers carry their own protection. When an accident happens, no matter who is at fault, your own insurance foots the bill. Each driver takes care of his or herself, and theoretically, the chances of someone suing or raising a hissy fit over culpability are lessened. And bonus? It guarantees every driver immediate medical treatment in the event of an accident.
Top New Jersey Car Insurance Companies
The Zebra compares over 200 companies & 1,800 products, so you can save way more than 15%.
Allstate
Liberty Mutual
MetLife
Are digital insurance cards accepted in New Jersey?
No
What does this mean for you?
While laws are rapidly changing, many states do not accept digital insurance cards including New Jersey. This means you will need a physical insurance card to provide valid proof-of-coverage when necessary.
Do I need uninsured motorist coverage in New Jersey?
Uninsured Drivers in New Jersey
New Jersey 10%
Nationwide 12%
Did you know?
Uninsured motorist coverage protects you from damage caused by other drivers without insurance and hit-and-runs.
How much does car insurance cost in New Jersey cities?
| Rank | City | Avg. Annual Premium |
|---|---|---|
| 1 | Newark | $2,547 |
| 2 | East Orange | $2,546 |
| 3 | West New York | $2,481 |
| 4 | Paterson | $2,424 |
| 5 | Elizabeth | $2,422 |
| 6 | Union City | $2,402 |
| 7 | Passaic | $2,348 |
| 8 | Hoboken | $2,330 |
| 9 | Clifton | $2,322 |
| 10 | Kearny | $2,312 |
| 11 | Jersey City | $2,299 |
| 12 | Bayonne | $2,229 |
| 13 | Camden | $2,177 |
| 14 | Linden | $2,142 |
| 15 | Perth Amboy | $2,123 |
| 16 | Fort Lee | $2,102 |
| 17 | Atlantic City | $2,065 |
| 18 | Hackensack | $1,960 |
| 19 | Plainfield | $1,937 |
| 20 | Trenton | $1,935 |
| 21 | Sayreville | $1,901 |
| 22 | New Brunswick | $1,894 |
| 23 | Lakewood | $1,837 |
| 24 | Vineland | $1,824 |
| 25 | Toms River | $1,708 |
More questions?
Check out other FAQs and ask your own New Jersey car insurance questions here.
Source: http://docphy.com/business-industry/personal-finance/insurance/heres-need-know-driving-new-jersey.html
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