What Is Adequate Auto Insurance Coverage in New Jersey?

Posted on August 7, 2014 at 10:35am by

Have you ever seen an ad for the “lowest cost car insurance available”? While it may be cheaper at the outset to get inexpensive auto insurance, it is not a good decision when it comes to you and your family’s future.

We have worked on countless car and truck accident cases over the years where the financial costs associated with medical care have reached in the millions of dollars, far exceeding the coverage on the insurance policy. Additionally, insurance companies will try to minimize your claim after an accident as much as possible.

There are several types of coverages when it comes to auto insurance, which can determine how much is paid to you and others involved in an accident. Some of these coverages include:

  • Bodily Injury Liability Coverage—pays for claims and lawsuits by people who are injured because of an accident you cause.
  • Property Damage Liability Coverage—pays for claims and lawsuits brought on by people whose property has been damaged because of an accident you cause.
  • Uninsured and Underinsured Motorist Coverage—pays for your property damages or injuries if you are involved in an auto accident caused by an uninsured motorist or someone who has less coverage than you need.
  • Personal Injury Protection (PIP) Coverage—pays for medical bills depending upon certain deductible levels.

When you are thinking about limits, remember, the less you pay, the worse off your protection probably is in the event of an accident. Some bargain insurance plans have bodily injury protections as low as $15,000 per person—do you think this would be enough coverage should you get into an accident?

Who Do I Contact If I Am Injured in an Auto Accident?

If you are injured in an auto accident, immediately contact our Atlantic City accident attorneys. We have successfully resolved insurance claims to the fullest extent of the law, including cases involving traumatic brain injuries, spinal cord injuries and fatalities.

Our goal for every accident case is to let our clients recover emotionally and physically, while we secure payments for medical bills, lost wages and more. Contact us today for a free consultation.

Donald G. Targan & Associates – Atlantic City Accident Attorneys

Source: http://www.state.nj.us/dobi/division_consumers/pdf/everythingauto2006.pdf

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