Auto Insurance

Posts Tagged ‘auto insurance in new jersey’

New Jersey Automobile Insurance – What is Required by Law?

New Jersey automobile insurance is not just about a law that requires you to have it. It’s also a great idea for protecting your family. A good insurance policy protects not only your car but your spouse and children as well. In a
tough economy it might be tempting to risk a ticket and to drive without auto insurance but not only is that against the law and will result in a stiff fine, it also puts your family in danger as well.

Ok so let’s start with what New Jersey Automobile Insurance is required for you to be within the law. You may have heard the name SR 22 which is what most people recognize as the basic insurance that is required by law. The name SR 22 refers to the insurance form for this basic coverage. New Jersey has something called the No Fault Law which requires that you have $10,000 in property damage coverage and $10,000 in personal injury protection as well. If you have any questions about what is required you can contact the New Jersey Highway Safety and Motor Vehicles Department as they oversee those requirements. Believe it not New Jersey is actually not as strict as some other states when it comes to what the minimum requirement for auto insurance is.

There are a couple of things you need to be careful of when looking for New Jersey automobile insurance. If you bought car insurance in another state that coverage should be ok in New Jersey if they are a major company. But if you
bought insurance from a small carrier in another state it might not qualify in New Jersey if the company is not licensed to do business there. This is usually only a problem if you are not dealing with major insurers. So what happens if
you are pulled over without insurance? In New Jersey you will be fined $150 for each time you are found driving without insurance and that amount does usually go up with each violation. Also even if you do not drive your car often, unlike some other states, in New Jersey you must have insurance.

New Jersey automobile insurance is a necessity not an option but that doesn’t mean you just have to take any policy. You can use the internet to get quotes on coverage for you and your vehicle and compare the best policies. Take the time to find the best insurance coverage available so that when you need to file a claim your homework will really pay off.

The best advice my insurance agent ever gave to me was; insure against the uninsured!

I am now a HUGE advocate of that advice & have been ever since Nov. 2004 when a hit & run driver, hit me while I was
Photo by andy54321riding my motorcycle. The only time this driver slowed down was when he or she applied the brakes to see to it that the bike & I rolled off the hood of their car. I was left to crawl across 6 lanes of traffic, on a Sat. night, in Memphis, Tn.

My injuries led to a week long hospital stay at the best trauma unit around the mid south, I had surgeries for my leg, arms, feet. It was followed up by intense physical therapy. Not to mention my bike was totalled. At the time of the accident, I had been a licensed rider for 24 years. The night was crystal clear & the weather was beautiful. It was an accident but it was one I was insured for. The medical bills for his was astounding & would have wiped out everything I had saved.

I was off work for months. No paycheck coming in at all. I have two schoolage children at home & I was widowed in 94. I hated to write that check ever month to the insurance company because I am such a good, experienced rider; nothing can happen to me, RIGHT? except that it did.

Prepare for the worst but hope for the best. Insure yourself for it!