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Liability Insurance Companies in New Jersey

Liability insurance is coverage offered by all licensed auto insurance carriers in New Jersey. A search for “liability insurance companies” may indicate that you’re seeking an economically-priced auto policy in order to keep your insurance premiums at a minimum. That approach may save money; however, you could end up spending significantly more on car repairs if you’re involved in an accident that you cause. Sure, you’ll have the legally required coverage, but is it worth the financial risk to take to the road every day knowing that one wrong move could put you in some serious debt? Let’s take a close look at what liability insurance covers and what it will not cover, so you can apply the facts to your own situation.     

What is liability auto insurance?

The main lines of coverage that comprise auto insurance include bodily injury, property damage and personal injury protection. Basically, if you’re liable (at fault) in an auto accident and there is injury to another driver or physical damage to the other driver’s vehicle, liability insurance will provide coverage in most cases. Companies that offer liability insurance provide you with this liability coverage which may also protect you if a lawsuit is filed against you for damages resulting from an accident that you caused.

Another way of looking at liability insurance is determining what it doesn’t cover if you’re at fault in an auto accident. If you ever have an event that results in physical damage to your car, then you’ll be financially responsible for 100% of the repair costs. Here is a list of events that can potentially cause damage to your car that would NOT be covered with a liability-only insurance policy:

  • Theft
  • Vandalism
  • At fault collision damage
  • Fire, wind, hail
  • Accident involving wildlife
  • Rolling your car
  • Striking stationary objects

As you view the above list, simply ask yourself if you’re wealthy enough to cover the replacement cost associated with your vehicle being severely damaged or completely totaled. The honest answer to that question should shape your decision about whether or not to buy a liability-only policy. If you don’t want to end up holding the bag for expenses related to those instances not covered by liability insurance, consider a full coverage policy that adds in comprehensive and collision coverages.

Regardless of what type of coverage you have on your auto policy, choosing the right carrier can make a big difference as well. Be sure to consult a company with helpful, licensed agents and a track record of reliable claims service and customer service.    

Final thoughts on liability insurance

Maintaining adequate coverages or even full coverage on your auto policy may not be as costly as you think. If you have questions about liability insurance and whether you should carry other lines of coverage, call Plymouth Rock Assurance today. You may qualify for a lower premium with discounts and exclusive affinity programs while carrying excellent insurance to protect you and your family. If you’re seeking a relationship with an insurance carrier that provides a unique customer experience, look no further than Plymouth Rock. Call and speak with a friendly, knowledgeable representative today.

Call 855-993-4470, get your free quote online or find a local agent to see how Plymouth Rock Assurance can help find the right liability insurance for you. If you need additional information, please visit our Contact Us page.