It’s important for residents to know car insurance requirements in New Jersey. The following are the coverage types and limit amounts required for auto insurance in New Jersey; however these minimums are just a starting point, and you may want to consider increasing your coverage limits or purchasing additional coverage for further protection.
- Bodily Injury Liability to cover injury or death related expenses in an accident when you’re at fault – Standard policy: $15,000 limit per person/$30,000 limit per accident; Basic policy: $10,000 for bodily injury
- Property Damage Liability to cover property damage expenses in an accident when you’re at fault – $5,000 limit (standard policy or basic policy)
- Uninsured Motorist Coverage to cover medical expenses in an accident when the other driver is at fault but doesn’t have any car insurance – Standard policy: Required (uninsured motorist bodily injury coverage and uninsured motorist property damage coverage). Coverage is available up to the amounts selected for liability coverage. Basic policy: Not required
- Underinsured Motorist Coverage to cover medical expenses in an accident when the other driver is at fault but doesn’t have enough liability insurance – Grouped with uninsured motorist coverage
- Personal Injury Protection to cover medical or funeral expenses if you and/or your passengers are hurt in an accident – $15,000 limit (standard policy or basic policy)