Every state across the country has their own requirements for the type of auto insurance their residents must carry. New Jersey is no exception to this rule, with their basic requirements for coverage that all New Jersey drivers must adhere to. This article will offer the basics of different New Jersey auto insurance coverages including what is required by state law.
Like most states, New Jersey requires drivers to carry a minimum amount of liability insurance. This coverage protects other drivers from injury and damage caused by your vehicle. Bodily injury liability involves injury or death to another person and covers medical expenses, lost wages and possible legal compensation. New Jersey requires a minimum amount of $15,000 bodily injury liability with a $30,000 limit. Property damage liability primarily protects cars damaged by your vehicle, but might also include other types of property like a fence or other structures. In … Click here to read more