All insurance products are governed by the terms of the applicable insurance policy, and all related decisions (such as coverage approval, premiums, fees and charges) and policy obligations are the sole responsibility of the insurance insurer. New Jersey auto insurance must offer a personal injury protection (PIP) discount on a policy if the insured person is the only person licensed to drive in the household and has at least two cars covered by the same insurance company. This means that your own health insurance will pay first and your PIP would be secondary, since it would cover some costs not covered by health insurance. Not only is finding cheap car insurance in New Jersey important for your budget and coverage needs, but so is keeping your cheap rates intact.
It helps manage the creation of insurance content that meets the highest quality standards in terms of accuracy and clarity to help Bankrate readers search for complex information on home, auto and life insurance. The New Jersey Department of Banking and Insurance is responsible for monitoring insurance companies and helping consumers with insurance issues. Under New Jersey law, your auto insurance company can decide if “it's not economically practical to repair your car.” If you have a history of drunk driving, you can find cheaper insurance with NJM, Progressive, or Plymouth Rock, but compare car insurance quotes from several companies to find the best rate. New Jersey drivers with a speeding ticket pay about 44% more for insurance than those with a clean record.
New Jersey's auto insurance regulations are unique because drivers have the option of choosing between a limited or unlimited right to sue for non-economic losses after a car accident, which means the possibility of suing for pain and suffering. New Jersey is a no-fault state and requires drivers to have personal injury protection, or PIP, in addition to liability insurance. New Jersey auto insurance companies must offer a lower rate for cars with approved anti-theft or security devices. Together, collision coverage and comprehensive coverage cover car theft and damage to your car caused by problems such as floods, fires, hail, vandalism, falling objects, riots, and collisions with animals, such as deer.
You should contact your insurance company to ensure that you have enough coverage to meet the new limits.