Does your insurance policy give enough coverage in case of a loss? If you live in the state of New Jersey, you’d better read through auto insurance policy to make sure. All drivers in New Jersey are required by the state to carry insurance New Jersey to cover injuries and damages they cause in an accident. In other words, the state-wide insurance requirement ensures that the third party is insured against the accident. As the policy holder of this type of insurance, you and your passengers are not protected in such events. In reality, not all drivers in the state carry liability insurance. Should you be involved in an car accident with an uninsured driver, your health and property are fully exposed to all the risk and damage. It is important to prepare yourself for such unfavorable incidents by building the proper policy. Insurance New Jersey
Review your policy and you will find that the policy includes Property Damage and Bodily Injury coverage at a specified limit. However, don’t make the false assumption that this coverage is applicable to the policy holder. Nothing puts you in a more disadvantaged position in a real accident than such false belief. 1 out of 10 drivers in New Jersey does not have insurance New Jersey. This is why it is crucial to take initiative to protect yourself against the odds in advance.
What you need is an Uninsured Motorist insurance. The limits stated in an Uninsured Motorist insurance policy are paid for you and your passengers injuries in the event of an accident. Uninsured Motorist insurance New Jersey is purchased in a per person and a per accident limit. It is wise to to compare premiums for various limits and figure out what best suits your needs. For those of you without Medical Insurance, higher limits are recommended.
An optional Property Damage coverage can also be included in an Uninsured Motorist packet. With this optional coverage, nothing will be deducted from your own pocket to repair your vehicle resulting from a collision caused by an uninsured driver. Even without collision coverage, property damage written in an UM policy will still cover up to 3500 to fix your vehicle. It is highly suggested that you include the optional Property Damage in your UM if you cannot afford to fix your car.
In order to protect yourself, your passengers, and your vehicle against uninsured drivers, you should invest in Uninsured Motorist insurance New Jersey. Paying very affordable premiums, you are covered for the most unwanted situation. Take action, contact your insurance agent, and ask for a quote today!