New Jersey Auto Insurance
New Jersey's State motto: "Liberty and prosperity"
It has never been easier to find the most affordable auto insurance rates in New Jersey. Onlineinsurance.net is a leading Internet insurance marketplace that will help you compare auto insurance companies, so you can find the most favorable auto insurance rates available. Onlineinsurance.net offers you one place to visit where you can get a quote and then purchase a policy in 20 minutes or less. They also have all the resources available, so you can make the best decisions when buying auto insurance. You will receive fantastic service from some of New Jersey's most reliable and affordable auto insurance companies, which will allow you to save money. The best auto insurance rates in the State of New Jersey last year are not the best rate in the Garden State this year!
New Jersey state law requires minimum Bodily Injury Liability limits of $15,000 per injured person up to a total of $30,000 per accident, and Property Damage Liability coverage with a minimum limit of $5,000. This basic coverage is often referred to as 15/30/5 coverage with 15/30 UM limits.
New Jersey Coverage:
Basic PolicyProperty Damage Liability: $5,000 Limit
Personal Injury Protection: $15,000 Limit
Standard Policy
Bodily Injury Liability: $15,000/$30,000 Limit
Property Damage Liability: $5,000 Limit
Uninsured/Underinsured Motorist Bodily Injury: $15,000/$30,000 Limit
Uninsured Motorist Property Damage: $5,000 Limit
Personal Injury Protection: $15,000 Limit
*Both Basic and Standard Policies include $250,000 PIP limit for permanent or significant injury.
The state of New Jersey follows a Choice No-Fault system meaning drivers may reject the No-Fault system options and retain the right to sue (Tort system) for any auto-related injury.
Personal Injury Protection (PIP) in your coverage helps pay for "reasonable and necessary" medical expenses for you and your passengers. New Jersey state law requires a minimum Personal Injury Protection coverage of $15,000.
To help protect against damages caused to you and your passengers by an uninsured driver, New Jersey state law requires a minimum Uninsured/Underinsured Motorist coverage of $15,000 per person up to a total of $30,000 per accident for any bodily injury caused by the uninsured and/or underinsured driver (depending on the state).
In 2003, residents of New Jersey paid on average about $1,365 for their auto insurance premium. This compared to the national average for the same year of $914. Most residents of New Jersey are incorrect when they assume that they do not have a choice in accepting auto insurance rates that are fixed by state regulatory agencies and auto insurance companies. Onlineinsurance.net knows that competitive and affordable auto insurance rates are out there, and they will do their best to find them for you.
2007 saw the first decrease in auto insurance rates since 1999. You can expect to see a .5% to 1% decrease in auto insurance rates from 2006 alone. 2008 should follow in the first half of the year; however then, the rates will follow their usual cycle and increase a bit. This will make consumers shop for their auto insurance at sites such as onlineinsurance.net. Sites, such as onlineinsurance.net, have brought about this change, as they have brought competition directly to the consumer and been able to lower the cost of auto insurance through technology.
Visit the U.S. Auto Insurance Requirements page to see how New Jersey state laws compare to other states.
As time passes, auto insurance rates change, and by not knowing these rate changes in New Jersey, you may be paying more for your auto insurance than you have to. One year previous in 2002, the average auto insurance premium was around $1,284, which is an increase of around 6.31% in only one year! Do not sit back and waste your hard earned money by paying too much for auto insurance when you do not have to. Start today and save that money by requesting a quote over the Net from onlineinsurance.net.
If you are a resident of New Jersey, you should get your auto insurance from onlineinsurance.net. Onlineinsurance.net offers affordable rates, the best coverage, and great service. It is very fast, and in several states, you can receive a quote and then purchase a policy in 20 minutes, either over the Internet or over the phone. To get started, simply enter your zip code and in a few minutes, you will be seeing the most affordable rates for auto insurance in the Garden State.
If you need information for other states besides New Jersey, select a state from the links below. Onlineinsurance.net offers the same low rates in all 50 States, so you always get the lowest rates for the state you live in. Request a quote by entering your zip code above, and find out how much you can save on your auto insurance. Choose a different state below to get more information.
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