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In New Jersey, the cost of car insurance tends to be on the higher side, with the average annual expense for full coverage hovering around $2,547 and minimum coverage at about $1,028, according to ...
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
For context, the average car insurance rate in the U.S. is $251 per month as of 2023. Here are the cheapest states for car insurance, based on the lowest rates for minimum liability: State
NJM Insurance Group is an American mutual insurance group of companies, offering personal auto, commercial auto, workers' compensation, homeowners, condo, renters, and umbrella insurance. It is headquartered in the West Trenton section of Ewing Township, New Jersey , and serves markets in Connecticut , Delaware , Maryland , New Jersey , New ...
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 ...
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]
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