Compare Jersey City Car Insurance

Compare Jersey City car insurance to find a terrific deal online! Smart consumers know the key to great savings is to compare quotes. You'll want a good New Jersey cheap car insurance policy for your car that won't break the bank, and you can start your search right here.

New Jersey Basic & Standard Plans

Situated on the bank of the Hudson River and directly across from lower Manhattan, Jersey City is often referred to as New York's "sixth borough." The second-largest city in NJ, Jersey City is an important commercial and industrial center, with a heavy reliance on manufacturing. Its proximity to New York City makes it a key transportation terminus. A significant portion of Jersey City residents relies on public transportation; the city has an extensive network of rail lines, water ferries, and buses. Jersey City residents do own cars, of course, and it's important they have a thorough understanding of New Jersey's somewhat complex auto insurance laws, and thoroughly compare car insurance in Jersey City to narrow down their choices.

When you compare car insurance in Jersey City, you'll need to decide first whether to choose a Basic Auto Policy or a Standard Auto Policy. NJ is unique in that it offers two different types of car insurance plans, thanks to the Automobile Insurance Cost Reduction Act, passed into law in 1998. [1] You'll need to compare both plans and compare car insurance premiums to decide which is right for you.

Compare Jersey City vehicle insurance to learn about your Basic Policy options. This coverage is less expensive than the Standard Policy, but offers only a basic, limited amount of protection for your car. Under the Basic Policy, bodily injury liability is not required, but you can purchase optional coverage of $10,000 per person and per accident. You'll have $5000 in property damage liability and $15,000 in Personal Injury Protection (also known as no-fault coverage). With a Basic Policy, uninsured/underinsured motorist coverage is not an option.

The Standard Policy offers insurance that is broader in scope and, when you compare car insurance in Jersey City, you'll find rates that are both competitive and affordable. Under the Standard Policy, you'll have minimum liability coverage in the amounts of $15,000 per person, up to $30,000 per accident, and $5000 in property damage liability, in addition to $15,000 in Personal Injury Protection. With this plan, you can purchase optional uninsured/underinsured motorist coverage for additional protection.

Which policy is right for you? While the lower-cost Basic Policy is an attractive option, remember when you compare Jersey City auto insurance prices that the coverage provided is very limited; any short-term cost savings would be offset in the event of an expensive car accident. The Basic Policy is intended for younger drivers with few assets who are just starting their careers, or for low-income motorists going through transitional periods in their lives. It's important to thoroughly compare both plans to understand exactly what is covered by each before making a decision.

Many Jersey City drivers will want to opt for additional insurance, such as comprehensive and collision insurance. As you compare Jersey City car insurance, you'll learn that many car insurers do not offer these optional coverages under the Basic Policy, so if you can only afford the Basic Policy but still want the additional protection, make sure to find a company that offers it. Compare those that do to find the best pricing.

Underinsured and Uninsured Motorist Coverage

One consideration to keep in mind while deciding between a Basic Policy and a Standard Policy is whether you'll want to purchase underinsured and uninsured motorist coverage. When you compare car insurance in Jersey City, remember that this coverage is only available to New Jersey drivers who choose a Standard Policy. What, then, are the benefits of this optional coverage?

Uninsured and underinsured motorist coverage protects you against drivers who either have no coverage, or insufficient amounts. In New Jersey, a driver with a Basic Policy may not carry any type of liability coverage; following a car accident, this would leave you responsible for repair costs. Adding uninsured and underinsured motorist coverage will defray these expenses, and also cover medical costs, lost and damaged contents, car rentals, and lost wages. Compare the financial hardship you would endure trying to collect from a driver with few assets to the cost of your monthly car premiums to determine if this coverage is right for you. If you decide to add it, compare Jersey City automobile insurance for the best pricing.

Remember, when looking for the best quote in Jersey City, the smartest thing you can do is compare several companies. Everybody sets their pricing structures differently, and with so many options available for your car, there is a nearly unlimited number of choices. Compare Jersey City car insurance today for a great deal tomorrow!

[1] http://www.state.nj.us/dobi/division_consumers/insurance/basicpolicy.shtml