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However, New Jersey also offers another option for minimum coverage through a Basic Auto Insurance Policy. Under a Basic Policy, minimum limits include: $5,000 property damage liability per accident
NJM Insurance Group, originally known as New Jersey Manufacturers Casualty Insurance Company, formed as a workers’ compensation insurance company on June 7, 1913, two years after New Jersey passed the Workmen's Compensation Act [4] which required all employers to carry insurance coverage for injured workers. [5]
ISO serves insurers, reinsurers, agents and brokers, insurance regulators, risk managers, and other participants in the property/casualty insurance marketplace. [1] Headquartered in Jersey City, New Jersey , United States , [ 2 ] the organization serves clients with offices throughout the United States, along with international operations ...
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 Jersey’s car insurance laws give drivers two options for coverage: a basic policy or a standard policy. Basic policies were designed by the state to ensure all drivers can afford some level ...
As of 2026, the new mandatory minimums for standard car insurance policies in New Jersey will be: $35,000 bodily injury liability per person $70,000 bodily injury liability per accident
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