In New Jersey, car insurance is mandatory, and all drivers are required to carry liability coverage. Liability coverage helps pay for damages you may cause to another person’s property or injuries in the event of an accident.
The minimum liability coverage required in New Jersey is:
- $15,000 for bodily injury or death per person
- $30,000 for total bodily injury or death per accident
- $5,000 for property damage per accident
However, it’s important to note that these are only the minimum coverage requirements, and you may want to consider purchasing additional coverage to protect yourself and your vehicle.
When shopping for car insurance in New Jersey, it’s a good idea to get quotes from multiple insurance providers to find the best coverage and price for your needs. You may also want to consider factors such as the insurer’s financial stability, customer service reputation, and discounts available.
Finally, remember that driving without insurance in New Jersey can result in significant penalties, including fines, license suspension, and even jail time in some cases. So it’s essential to make sure you have the required coverage before hitting the road.
Best Car Insurance Company in New Jersey
There are several car insurance companies operating in New Jersey, each with its own strengths and weaknesses. Here are some of the best car insurance companies in New Jersey based on factors such as customer satisfaction ratings, financial stability, and coverage options:
NJM Insurance:
NJM is a mutual insurance company that consistently ranks high in customer satisfaction surveys. They offer a range of coverage options and discounts, and their rates are often competitive.
Geico:
Geico is known for offering affordable rates and a range of discounts. They also have a strong financial rating and high customer satisfaction ratings.
Progressive:
Progressive is a well-known insurance company that offers a range of coverage options and discounts, including its Snapshot program that rewards safe driving.
State Farm:
State Farm is a popular insurance company that offers a range of coverage options, including liability, collision, and comprehensive coverage. They also have a strong financial rating and a reputation for good customer service.
Allstate:
Allstate offers a range of coverage options and discounts, including its Drivewise program that rewards safe driving. They also have a strong financial rating and a reputation for good customer service.
It’s important to note that the best car insurance company for you will depend on your individual needs and preferences. It’s a good idea to get quotes from multiple insurers and compare coverage options and prices to find the best fit for your situation.
