What type of insurance is required in New Jersey?

In New Jersey, liability insurance is required for all vehicles registered in the state. This type of insurance provides coverage for damages and injuries that you may cause to other people and their property in the event of an accident for which you are at fault. It helps protect you financially against claims for bodily injury or property damage that might arise from an accident.

Liability insurance typically includes two components: bodily injury liability, which covers medical expenses for those injured in an accident where you are determined to be at fault, and property damage liability, which pays for damage caused to another person's property. New Jersey law mandates that all drivers maintain a minimum level of liability insurance to ensure that drivers can cover the costs associated with accidents they cause.

Other types of insurance, like comprehensive and collision, while beneficial, are not required by law. Comprehensive insurance covers damages to your vehicle from non-collision-related incidents, such as theft or natural disasters, while collision insurance covers damages to your vehicle from collisions, regardless of who is at fault. Uninsured motorist insurance is also optional, although it is recommended to protect against accidents caused by drivers without insurance.