New Jersey car insurance calculators assist drivers in estimating how much auto coverage they require. Many factors influence auto insurance premiums, including age, marital status, credit score and driving record data as well as ownership type and annual mileage considerations. Calculating an appropriate level of New Jersey auto coverage coverage is therefore of utmost importance.
New Jersey requires minimum insurance requirements of $5,000 in property damage liability per accident and $15,000 in bodily injury protection; however, most drivers should consider adding comprehensive and collision coverage as this type of coverage covers any damages to another driver or their property if an accident happens under your responsibility as well as medical bills for injuries you cause.
Drivers should consider additional coverage such as uninsured motorist and underinsured motorist coverage, which pays out expenses in case an uninsured or underinsured driver injures you and doesn’t carry enough or any coverage themselves. Some policies offer traditional “tort” or no-fault options which limit how you can sue other parties for injuries and property damage claims.
Insurance carriers consider drivers’ histories when setting rates, so maintaining a clean record is important to maintaining affordable auto insurance premiums. Traffic tickets, at-fault accidents or DUI convictions will result in higher auto insurance premiums; even one speeding ticket could raise them significantly depending on your insurer and severity of offenses.
Some drivers could lower their New Jersey car insurance rates by enrolling in defensive driving or driver improvement courses, taking defensive driving defensive driving courses or enrolling in paperless billing billing instead of monthly payments, saving with multi-car discounts or paying their premium up front instead of making monthly payments, etc. Others might find savings by insuring an affordable yet safe vehicle and saving with paperless billing services.
MoneyGeek’s New Jersey Car Insurance Calculator makes comparing quotes easy! Drivers can quickly obtain estimates from various providers based on factors that impact their rates.
GEICO, Amica and Plymouth Rock offer competitively low liability only and full-coverage policies in New Jersey for drivers with clean records at very affordable rates. Furthermore, these companies have outstanding customer satisfaction ratings. However, the biggest factor determining your rate will likely be where you live – certain areas may be considered riskier due to crime, traffic congestion and population density factors.