*The table shows the average annual rate of 10 ZIP codes in the state from the following carriers, in no particular order: Progressive, Allstate, State Farm, Nationwide, GEICO and Farmers car insurance rates jersey city. Data provided for CarInsurance.com by Quadrant Information Services. Nearly half of all people living in Jersey City don’t even own a car aaa auto insurance auburn ca.
If a police officer asks to see your insurance and you don’t have it, you face potential fines of $300, a one-year license suspension and an indeterminate amount of community service. For a repeat offense, you may be liable for a fine of $500, a two-year license suspension, 14 days in jail and 30 days of community service. Insurance laws are peculiar compared to other states for several reasons. New Jersey is a Choice No Fault state.
The state offers the option to self-insure if you have over 25 vehicles registered. This option is generally only used by businesses to help keep costs down. After all, it is hard enough for an individual to own just one car in Jersey City! Drivers in Jersey City may choose one of two auto policy plans depending on their financial and age status. The Basic Policy plan is bare-bones and is geared toward young drivers with limited money. The Standard Policy plan is still considered a minimum insurance plan but is geared toward all other drivers. What Is Choice No Fault? New Jersey is one of only three states that offers drivers the choice of a No Fault plan or a Tort plan. If your insurance company doesn’t offer you the choice, no fault is the default type of plan.
A No Fault plan will always pay for your damages and will never pay for another person’s damages. A Tort plan will only pay for your damages if a court of law determines you to be at fault. In this case, your insurance provider will also pay for the other person’s damages. Tort vs.
It is up to you to decide which you want to use. Reasons to Choose a Tort Plan If you believe you will never be deemed to be at fault in an accident If you don’t want your premium rates to be determined by whether someone else drives poorly and hits you Reasons to Choose a No Fault Plan If you want an overall cheaper plan If you don’t want to deal with the hassle of court whenever you get into an accident If you are concerned about uninsured or underinsured motorists hitting your vehicle Jersey City Insurance Requirements There are two sets of insurance requirements depending on whether you want a Basic or Standard policy. Basic insurance is bare-bones and is designed for people with very limited financial resources. The requirements for a Basic plan are: At least $0/$10,000 worth of personal injury liability coverage At least $5,000 worth of property damage liability Keep in mind that the $10,000 is for everyone’s injuries in the car. This amount tends to be barely enough to cover injury costs for one person, so if you are concerned about protecting your vehicle’s passengers, you will want to purchase a Standard insurance policy.
However, because Jersey City can be a rough town at times, you may want to sign up for extra insurance coverage. The two most common extras are collision coverage and comprehensive coverage. Collision coverage protects you from car accidents that are strictly your fault. You ran into an electrical pole, you backed into a fire hydrant or you swiped a street sign and it scraped your car. Any similar altercation with an inanimate object requires collision coverage if you want the money to fix your car. It can be extremely difficult to park in Jersey City, and some of the most common accidents happen when drivers are trying to parallel park while stressed out in traffic. All it takes is one missed turn of the wheel to drive straight into a stop sign.
If you are only paying for Basic insurance, you will likely be able to pay less. Tips for Lower Insurance Rates in Jersey City The following are some tips to lower your car insurance rates in Jersey City: Compare Different Insurance Companies! – Different companies will offer you different prices because they evaluate risk differently. If one company evaluates risk more heavily based on your neighborhood and another company evaluates based on the type of car you drive, you may receive radically different quotes from the two. We can compare insurance rates for you to help you find the lowest rates.
Just be sure not to drive your car during your non-insured months. Install Security Measures – By purchasing simple security devices such as a car alarm or wheel locking device, you may save hundreds of dollars on your annual car insurance payment. Anything that will prevent thieves from stealing your car is sure to lower your premiums. Be sure to remain in communication with your insurance agent during the installation process. Look Into Insurance Discounts – There are several discounts for which you may be eligible.
Driving and Insurance Statistics in Jersey City The following are some driving and car insurance statistics for Jersey City. The majority of accidents are caused by males Nearly 50% of all drivers are under 35 Nearly half of Jersey City residents do not own a car There are nearly 1,500 automobile thefts in Jersey City per year on average Nearly 20,000 auto accidents occurred in Hudson County in 2010 The are: ’00 Honda Civic ’94 Honda Accord ’99 Dodge Caravan ’91 Toyota Camry ’94 Jeep Cherokee ’05 Nissan Altima ’94 Acura Integra ’00 Jeep Cherokee ’97 Nissan Maxima ’00 Dodge Intrepid Car Insurance Companies in Jersey City Common insurance companies serving Jersey City include: Allstate Insurance Company Esurance Generazio Associates Inc. High Point Auto Insurance Progressive Insurance State Farm Insurance What are you waiting for? If you don’t have car insurance, it is illegal for you to use your car. However, you don’t want to be stuck paying exorbitant annual fees. The solution? Peruse our site and compare insurance policies in Jersey City today! Enter your ZIP code into the FREE tool below now!.