Two highway signs on the New Jersey Turnpike.

Liability Insurance Quotes in New Jersey 

You’re probably searching for liability insurance quotes because you don’t want to pay any more than you absolutely need to for car insurance. Sure, you can just buy liability insurance and PIP (Personal Injury Protection) in order to get minimum coverage, which keeps you legal. But before you determine how much you’re willing to pay, let’s first consider why you’re buying an auto insurance policy in the first place. After thinking through some “what if” scenarios, you may decide that just buying liability and PIP insurance is not enough to meet your specific coverage needs. For example, what if you were involved in an accident that was your fault? Would you have enough money to fix your own car? Or what if a deer ran out in front of you and caused major damage to your car? Again, the cost to repair the damage would rest solely on your shoulders when you carry only liability insurance.    

What are the legal auto insurance requirements in New Jersey? 

New Jersey requires every motorist to have minimum coverages and limits for auto insurance. The current requirements are as follows:

  • Bodily Injury Liability: $15,000 per person and $30,000 per accident.
  • Property Damage Liability: $5,000 per accident.
  • Personal Injury Protection: $15,000 per person. 
  • Uninsured Motorist Bodily Injury: $15,000 per person and $30,000 per accident.
  • Uninsured Motorist Property Damage: $5,000 per accident.

When liability insurance quotes may be enough

Can you buy just liability insurance? If you hold the title to your car and do not have a lien on your vehicle, you get to decide (other than the required minimum NJ limits listed above for PIP, BI, and PD liability) what coverage is in your auto insurance policy. If the vehicle you own is ten or more years old or has high mileage, then you may not want comprehensive or collision coverage. However, you will still need to purchase uninsured motorist coverage. Uninsured/Underinsured coverage, also known as UM/UIM, will protect you in the event you’re involved in an accident caused by another driver who either doesn’t have insurance or lacks sufficient coverage to repair physical damage to your car, and possible bodily injury you sustain as a result of the accident. 

When are you required to carry more than liability insurance?

Do you currently make car payments on your vehicle? Most financial institutions will require you to carry comprehensive and collision coverages as part of the terms of the lending agreement. If you are leasing a vehicle from a car dealership, then you will most likely be required to carry comp/collision coverage as a way for the dealer to protect their investment while their property is in your care, custody and control. Leasing companies generally require increased BI and PD LOL as well. Many people also purchase gap insurance to protect them in the event that the vehicle has become totaled, but is not paid in full.  Even if you own your car free and clear, you have to consider the risk you’d be taking by not covering the potential of physical damage to your property in an event that could be completely out of your control. 

Final thoughts on liability insurance quotes

Everyone loves a good deal, and depending on what you’re buying – going cheap might be great. However, if you’re buying insurance to protect yourself and your property, getting the cheapest possible auto insurance policy (liability only, with minimum limits for all required coverages) may be detrimental to your finances and your health. Plymouth Rock Assurance has been protecting residents in New Jersey with auto insurance for decades. If you’re not sure about the auto insurance coverage you need, contact Plymouth Rock today to get your questions answered. It may be the most important phone call you’ll make today.     

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