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2026 changes to minimum car insurance requirements in New Jersey Before 2023, New Jersey’s required minimum coverage car insurance limits were among the lowest in the nation, so the state ...
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]
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 ...
If you carry new car replacement coverage on your policy, your insurance company would pay for a brand new car rather than a six-month-old car (which would have been comparable to the vehicle that ...
Vehicle insurance in the United States (also known as car insurance or auto insurance) is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage. Most states require a motor vehicle owner to carry some ...
One of the chief concerns of the association's founding members was the Employer's Liability Act. In 1911, the association formed the New Jersey Manufacturers Insurance Liability Co., with the goal of providing for the medical care of injured workers, as well as giving employers steady rates and incentives to keep their workplaces safe. [4] [5]
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