Auto Insurance Type In New Jersey

Auto Insurance Type In New Jersey

In the big city like new jersey, you will definitely need an Auto Insurance Coverage for your vehicle. There are two general types of auto insurance policies in New Jersey. Both of the Auto Insurance Policy are usually called as STANDARD and BASIC. These Standard Auto Insurance Policy and Basic Auto Insurance Policy in New Jersey offer some options as well.


STANDARD AUTO INSURANCE POLICY IN NEW JERSEY
The Standard Auto Insurance Policy in New Jersey provides some insurance coverage options and the opportunity to buy additional protection for your vehicle. This Standard Auto Insurance Policy is the typical policy chosen by most New Jersey drivers.

BASIC POLICY AUTO INSURANCE POLICY IN NEW JERSEY
The Basic Auto Insurance Policy in New Jersey usually costs significantly less than a Standard Auto Insurance Policy. With the less cost, this insurance policy provides limited benefits for your vehicle. It is not for everyone, but it does provide enough coverage to meet the minimum insurance requirements of New Jersey law. The Basic Policy could be an option for those with few family responsibilities and few assets to protect (including income froma job).

Prevent a Suspension For Liability Insurance Lapses in New York

Prevent a Suspension For Liability Insurance Lapses in New York

You can prevent the suspension of your registration and driver license if you surrender your vehicle plates to the DMV before your liability insurance lapses. You are not required to surrender your vehicle plates for a suspension of 90 days or shorter if you pay a civil penalty. You cannot use the civil penalty option if the lapse is longer than 90 days or you used this option in the past 3 years.


The civil penalty amounts shown below are the amounts for suspensions that take effect on or after October 1, 2005. The civil penalty amount is :

1. $8 per day for each day of the lapse from day 1 through day 30, and
2. $10 per day for each day of the lapse from day 31 through day 60, and
3. $12 per day for each day of the lapse from day 61 through day 90.

For example, if you had a lapse of insurance for 85 days, your civil penalty is calculated as follows :

1. $8 x 30 days ($240) for days 1 through 30 of the lapse, plus
2. $10 x 30 days ($300) for days 31 through 60 of the lapse, plus
3. $12 x 25 days ($300) for days 61 through 85 of the lapse for a total civil penalty of $840.

Note: Motorcycles are exempt from the requirement to surrender the vehicle plate when the liability insurance lapses, but liability coverage is required when the motorcycle is operated.

Buying Auto Insurance Policy Basic Guide

Buying Auto Insurance Policy Basic Guide

Buying an Auto Insurance Policy can be so very hard and confusing if you don't have any basic guide or clue. There are so many Auto Insurance Policy you can buy out there but still you need to consider many things if you decide to buy one of them.


Some basic tips for Buying Auto Insurance Policy :

1. Do not forget to look at your existing Auto Insurance Policy and try to relate it with your driving record.
2. If you have any previous Auto Insurance Policy, then you should cancel it.
3. Try to make a list of the Auto Insurance Coverage you need and think about the fund you have for those list of insurance coverage.
4. Do some little research for Auto Insurance Quote and make some list for the quotes you have then make a little comparison for them.
5. Always try to find some Auto Insurance Discounts as much as you can and make a list of them.
6. Try to spend some of your time for having the best Auto Insurance Quotes from various insurance companies. You can do it by phone or online.
7. Be sure of what kind of Auto Insurance Coverage you need and make sure if you need an extra protection or cover if there is an accident happen.
8. If you can't find the right Auto Insurance Policy you want then you should call directly to various insurance company agents.
9. Beware for the Cheap Auto Insurance Policy you find and if you decide to pick one of them then you have to make sure if the insurance company is reliable and can be trusted.
10. Read the right and obligation of Auto Insurance Policy you decide to have before you decide to sign the contract. Read it real carefully.

New York Auto Insurance Uninsured Or Under Insured Motorist

New York Auto Insurance Uninsured Or Under Insured Motorist Bodily Injury Coverage

Auto Insurance in New York for Uninsured or Under Insured Motorist Bodily Injury Coverage is mandatory. If the policy holder of New York Auto Insurance Uninsured Or Under Insured is injured in an accident made by a driver who has no insurance coverage or has insufficient insurance coverage, then this Uninsured or Uninsured Motorist Bodily Injury Coverage compensates for the injuries. The Coverage actually covers:

1. Medical Expenses
2. Lost Income
3. General Damages

The Optional Auto Insurance Coverage of New York are Medical Payments Coverage or Additional PIP Coverage while The Optional Liability Coverage in new York are :

1. Optional Basic economic of Auto Insurance Loss Coverage in New York.
   
2. Supplementary Uninsured/Under insured Motorist Bodily Injury Liability Coverage for New York Citizen.
   

New York Auto Insurance Personal Injury Protection Coverage

New York Auto Insurance Personal Injury Protection Coverage (PIP Coverage)

One of Mandatory Insurance Liability Coverage in New York known as Auto Insurance Personal Injury Protection Coverage is mandatory in New York. This insurance coverage compensates for the injuries caused to the policyholder himself and to the passengers of his car by an accident. This Personal Injury Protection Coverage covers :

1. Medical Expenses including Surgical treatment, Dental Treatment, Optometric Treatment, Ambulance Service, Medicine Supplies, Nursing Services
2. Loss of Income
3. Accidental Death Benefits in case of death by the car accident
4. Essential Service Expenses

This coverage includes not only the injuries of the New York Auto Insurance Personal Injury Protection Coverage policy holder but also the injuries of the authorized drivers listed on the auto insurance policy and the passengers of the insured car who are also the residents of New York. One can get the coverage benefits for the car accident regardless of whose fault it is, as the New York Auto Insurance Law enforces No-Fault Rule. When buying Auto Insurance for Personal Injury Liability Coverage, one has to decide on the level of deductibles. Deductible is the amount that the policy holder is required to pay from his own pocket before establishing an insurance claim in case of an accident.

Maximum payment under this New York Auto Insurance Personal Injury Protection Coverage is restricted to $50000 per person, per accident. But, one can receive larger amount of payments if he opts for one of the following optional coverages :

1. Additional PIP Coverage
2. Optional Basic Economic Loss Coverage
3. Work Loss Coverage