Automobile Insurance — New Jersey

New Jersey automobile insurance is characterized by its "no-fault" system and a mandatory multi-phase reform currently increasing liability requirements for all drivers.

Due to high population density and mandatory no-fault benefits, New Jersey has some of the highest insurance costs in the country, with average minimum coverage around . new jersey automobile insurance

: For drivers unable to find coverage in the voluntary market due to high risk, the NJAIP assigns them to an insurer. New Jersey automobile insurance is characterized by its

: Minimums will rise again to $35,000 per person and $70,000 per accident . : Minimums will rise again to $35,000 per

The state is currently implementing a two-phase increase in mandatory minimum liability limits:

New Jersey law requires all drivers to carry three specific types of coverage:

New Jersey offers specialized policy types to ensure coverage remains accessible: