: Regardless of who caused the accident, your own PIP coverage pays for your medical bills.
According to NerdWallet , the following companies offer some of the most competitive annual rates for drivers in the state: : $1,648 per year ($137/month) Travelers : $2,167 per year ($181/month) NJM : $2,215 per year ($185/month) Progressive : $2,865 per year ($239/month) State Farm : $3,230 per year ($269/month) New Jersey Minimum Coverage Requirements nj cheap auto insurance
: Most carriers offer a discount if you pay your annual premium in full rather than in monthly installments to avoid interest. Important NJ Considerations : Regardless of who caused the accident, your
: When buying a policy, you must choose between a "Limited Right to Sue" (cheaper) or "Unlimited Right to Sue" (more expensive). Choosing the limited option can lower your premium. NJ Car Insurance Rates Guide: What You Need to Know Choosing the limited option can lower your premium
: Complete a state-approved course to reduce points and earn a mandatory discount from your insurer.
: Increasing your out-of-pocket cost for a claim (e.g., from $500 to $1,000) will lower your monthly premium. Utilize NJ-Specific Discounts :