What is Car Insurance?
Be Prepared in Case of an Accident
Thousands of accidents happen every day, even though no one ever plans on being in one. Most New Jersey drivers will be in at least one collision during their lifetime. Since driving is such a frequent activity in most adult lives, it is very important to consider the potential financial losses that accidents can cause, along with several other potential risks.
Car insurance is a coverage intended to better protect drivers from many of the risks they assume by both owning and operating a motor vehicle. Depending on the coverages selected, a policy might cover everything from injuries sustained in an accident to CDs stolen out of a vehicle while it’s parked.
Who in New Jersey Needs Auto Insurance?
New Jersey requires all drivers who operate motor vehicles on public roads in the state to have auto insurance. Drivers must have a policy that at least meets the state’s minimum coverage requirements. Many drivers, however, choose to purchase more protection than the state’s minimum requirements provide.