New Jersey Automobile Insurance May 2026
: The minimum remains at $25,000 per accident . Unique Policy Options
: Protects you if you are hit by a driver with little or no insurance. Recent and Upcoming Law Changes new jersey automobile insurance
Due to high population density and mandatory no-fault benefits, New Jersey has some of the highest insurance costs in the country, with average minimum coverage around . : The minimum remains at $25,000 per accident
New Jersey law requires all drivers to carry three specific types of coverage: New Jersey law requires all drivers to carry
: The state provides incentives for insurers to increase coverage availability in specific urban centers to stimulate competition.
: Often called the "Dollar-a-Day" policy, this is available to drivers eligible for Federal Medicaid with hospitalization. At a cost of $365 per year , it covers only emergency medical care and does not include liability or collision coverage.
New Jersey offers specialized policy types to ensure coverage remains accessible:
: The minimum remains at $25,000 per accident . Unique Policy Options
: Protects you if you are hit by a driver with little or no insurance. Recent and Upcoming Law Changes
Due to high population density and mandatory no-fault benefits, New Jersey has some of the highest insurance costs in the country, with average minimum coverage around .
New Jersey law requires all drivers to carry three specific types of coverage:
: The state provides incentives for insurers to increase coverage availability in specific urban centers to stimulate competition.
: Often called the "Dollar-a-Day" policy, this is available to drivers eligible for Federal Medicaid with hospitalization. At a cost of $365 per year , it covers only emergency medical care and does not include liability or collision coverage.
New Jersey offers specialized policy types to ensure coverage remains accessible:
