: Minimums will rise again to $35,000 per person and $70,000 per accident .
: Drivers must choose between a "Limitation on Lawsuit" (limiting the right to sue for non-economic losses like pain and suffering) or "No Limitation on Lawsuit" (full right to sue, typically with higher premiums). Assigned Risk and High Rates
: Pays for others' injuries or property damage when you are at fault. new jersey automobile insurance
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 law requires all drivers to carry three specific types of coverage: : Minimums will rise again to $35,000 per
New Jersey automobile insurance is characterized by its "no-fault" system and a mandatory multi-phase reform currently increasing liability requirements for all drivers.
: For drivers unable to find coverage in the voluntary market due to high risk, the NJAIP assigns them to an insurer. Due to high population density and mandatory no-fault
The state is currently implementing a two-phase increase in mandatory minimum liability limits: