Can cheap New Jersey auto insurance even be found these days? You can get a good rate on basic auto insurance in New Jersey. Under the Automobile Insurance Cost Reduction Act, residents of New Jersey can purchase a policy that has minimal coverage, at a reasonable cost.


The coverage amount in a basic policy for personal injury is $15,000 per person for each accident. This portion of the policy pays for the medical care of a person who is hurt in another vehicle during an accident no matter whose fault it is.

Besides the $15,000, the policy also pays $250,000 for substantial or permanent injuries. Depending on your specific policy, the terms “significant” and “permanent” can mean different things. Basic coverage also includes five thousand dollars in property damage insurance to pay for damages to other vehicles, or anything that may have suffered any damage.

Additionally, you may attach another $10,000 of bodily injury coverage to the standard agreement if you so wish. Other insurance, such as uninsured or underinsured motorist coverage, collision, and comprehensive coverage, are not covered in this plan. You can add each of them on separately.

Remember that if you purchase the least expensive NJ car insurance your policy limits will be on the low end. If there were a severe accident, you will be held responsible for any damages not covered by your policy. While $250,000 in coverage for substantial or permanent injuries may seem a bit much, with health care costs increasing, an injured person can easily reach this amount in medical bills in no time at all.

It’s important to consider the cost of coverage while shopping for NJ car insurance, but jumping on the lowest rate just to save a couple of dollars will leave you without the type of coverage you will need. Consideration of both aspects is central to a solid, educated decision. The rock bottom cheapest New Jersey car insurance policy may not be such a good deal after all.