new Jersey Motorcycle Insurance
In the state of New Jersey, you do not want to get caught without New Jersey motorcycle insurance! Getting stopped without the minimum liability insurance required by the state will result in huge fines. Getting stopped multiple times can cost you your driver’s license, and it may even cost you some jail time!
The state of New Jersey requires you to carry $15,000 of bodily injury coverage with a maximum of $30,000 for everyone who is injured in a covered accident. Check the bodily injury coverage on your policy to ensure that you have adequate coverage. You must also carry $5000 of property damage coverage, and you must also carry $5000 of uninsured motorist coverage.
Although most insurance companies automatically issue policies that meet the requirements for the state, it is your responsibility – not the insurance company’s – to make sure that your policy meets the states minimum requirements for liability insurance coverage! Read your policy carefully, and ask questions about anything that you don’t understand.
The rates for liability coverage will vary from one company to another, but liability insurance isn’t the only protection that you need. You also need coverage that protects you in the event of an accident. Comprehensive coverage is highly recommended. This will pay for repairs to your bike, your medical expenses, and your lost wages. Talk to your insurance agent to make sure that you are getting the coverage that you need.
Insurance rates have been on the rise for years, but many New Jersey motorcycle insurance companies will offer discounts to their customers if the customer has completed a motorcycle safety course, or if they are a member of a motorcycle club. However, each insurance company prefers completion of specific courses, and membership in specific clubs before they will apply the discount. Call your agent to find out what discounts you may be eligible for, as well as what discounts you can become eligible for in the future.
