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Both policies require drivers to have two types of auto liability coverage: For the standard policy, new jersey law sets minimum. The minimum car insurance requirements in new jersey can vary depending on your current car insurance company and other personal circumstances. If you have had previous claims, then your premium may be higher.
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Thus, the cost of insurance in the two states varies greatly. It�s still a good place to search with an insurance company, it very well. If you have had previous claims, then your premium may be higher. Along with its close location to new york city, where millions of people live and commute to on a daily basis, having adequate car insurance coverage is an absolute necessity.
In New Jersey, Average Annual Auto Insurance Costs Increased By $86 In The Past Year.
New jersey’s car insurance laws mandate 15/30/5 in liability limits and pip, whereas car insurance laws in new york dictate 25/50/10 in liability limits along with pip and uninsured motorist coverage. From 2018 to 2019, average. Drivers in new jersey must have at least $15,000 per person and $30,000 per accident in in bodily injury liability coverage and at least $5,000 in property. The recent pricing trend in new jersey leans toward slightly cheaper car insurance costs.
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