New Jersey Auto Insurance Quotes - The Essentials

When looking at New Jersey auto insurance quotes you will be presented with many choices, hopefully this article will help you make the right ones.

In New Jersey it is mandatory that you have auto insurance. There are two common types of auto insurance policies in New Jersey, the cheaper Basic policy that provides enough coverage to meet the minimum insurance requirements of New Jersey Law and the more expensive Standard policy which is the policy chosen by most New Jersey drivers. Both policies offer options to further increase your protection.

In New Jersey auto insurance policies are divided into different coverages depending upon the type of claim that will we paid to you and/or others. The coverages fall into three areas.

1. Coverages to pay other people a result of an accident caused by you

Liability - Bodily Injury Liability: This covers you for claims and law suits by people who are injured or die as a result of an accident that was caused by you. The coverage is usually expressed as two amounts, one for all persons injured in an accident and another specifying the limit payable to an individual. For example your policy may state that you are covered for a total of $100,000 but specifying a limit of $20,000 for each person.

With a basic policy coverage is not included but is available as an option. Coverage is included in a standard policy starting from $15,000 per person and $30,000 per accident.

Liability - Property Damage Liability One again this covers you for claims and lawsuits by people whose property is damaged in an accident caused by you.
This coverage is included in both Basic and Standard policies, the amounts being $5,000 on the basic policy and from $5,000 to $100,000 on the Standard policy.

2. Coverages to pay you where the accident was caused by other people

Uninsured Motorist Coverage: This coverage will pay you for bodily injury and property damage that you suffer as a result of an accident caused by an uninsured driver.

Underinsured Motorist Coverage: This coverage pays you for bodily injury and property damage that you suffer as a result of an accident caused by a driver who has insurance but whose coverage is less than your uninsured motorist coverage.