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The annual average cost of car insurance in New Jersey is $2,555 for a full coverage policy and $1,029 for a minimum coverage policy, compared to the national average of $2,543 for full coverage ...
As part of New Jersey’s minimum insurance requirements, all drivers must purchase at least $15,000 of PIP insurance before operating a vehicle on public roads. No car insurance company will sell ...
Bankrate takes a close look at minimum requirements for car insurance in each state. ... New Jersey’s minimum limits will increase again in January 2026, to 35/70/25 for liability and 35/70 for ...
Until 1956, when the New York legislature passed their compulsory insurance law, Massachusetts was the only state in the U.S. that required drivers to get insurance before registration. North Carolina followed suit in 1957 and then in the 1960s and 1970s numerous other states passed similar compulsory insurance laws.
The New Jersey Department of Banking and Insurance (DOBI) is one of 15 principal departments in New Jersey government. The department's mission is to regulate the banking, insurance and real estate industries in a professional and timely manner that protects and educates consumers and promotes the growth, financial stability and efficiency of these industries. [1]
New minimum car insurance liability limits: 30/60/15 Change effective Jan. 1, 2025 The 2025 minimum coverage increase in California marks the first time coverage requirements have changed in 56 years.
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