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> > New Jersey's Basic Auto Insurance Policy Get Legal with New Jersey's Basic Auto Insurance Policy


Auto insurance is mandatory in New Jersey
, but the type and cost of that coverage can vary significantly. Every day, consumers are finding that there are options available to make it easier to comply with the law. The Automobile Insurance Cost Reduction Act mandated that a Basic Policy be available to all drivers.

It is important to realize that you are breaking the law if you drive uninsured. The penalties for driving uninsured are getting more severe — in addition to risking economic loss by not having insurance protection, you risk fines, suspension of driver's license or registration and even time in jail. In the future, your car could be impounded if you are caught behind the wheel without coverage.

Below we will review the Basic Policy. The Basic Policy offers less protection, but at a lower cost than the .

Who should consider buying the Basic Policy?

The Basic Policy should be considered by those with few family responsibilities and few real assets. It can provide a transition for younger drivers who are just beginning work, providing a basic, minimum protection when they may be least able to afford more comprehensive coverage.

Please Note

If you do not have any liability coverage, you are responsible for paying for the pain, suffering and other personal hardships and some economic damages, such as lost wages, that you cause. The insurer will not provide or pay for a lawyer to represent you if you are sued. Your assets will be at risk, including the risk of having money deducted from your wages if a judgment is entered against you. And, if you lack coverage and someone hits you, you cannot sue.

Where can I purchase the Basic Policy? Differences Between Basic and Standard Policies

The chart below compares the differences between the Standard and Basic policies and explains the amounts of coverage you may be able to purchase from an insurer.


Type of Coverage

Standard Policy

Basic Policy

Bodily Injury Liability
Coverage for claims and lawsuits by people injured as a result of an auto accident you cause
As low as: $15, 000 per person, $30, 000 per accident

As high as:

$250, 000 per person, $500, 000 per accident
Coverage is not included but $10, 000 coverage for all persons, per accident, is available as an option Property Damage Liability
Coverage for claims and lawsuits by people whose property is damaged as a result of an auto accident you cause
As low as: $5, 000 per accident

As high as: $100, 000 or more

$5, 000 per accident Personal Injury Protection
Coverage for injuries sustained in an automobile accident by you or other persons covered under your policy
As low as: $15, 000 per person or accidentAs high as: $250, 000 or more

Up to $250, 000 for certain injuries* regardless of of selected limit

$15, 000 per person, per accident

Up to $250, 000 for certain injuries*

Uninsured/Underinsured Motorist Coverage
Coverage pays for property damage or bodily injury if you are in an accident caused by an uninsured motorist (a driver who does not have the minimum level of insurance required by law) or a driver who is insured, but who has less coverage than your underinsured motorist coverage

Coverage is available up to amounts selected for liability coverage None Collision
Coverage for damage to your vehicle as the result of a collision with another car or other object
Available as an option Available as an option (from some insurers) Comprehensive
Coverage for damage to your vehicle that is not a result of a collision, such as theft of your car, vandalism, flooding, fire or a broken windshield. Comprehensive coverage also pays if you collide with an animal.


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