NJPAIP: NJ Car Insurance Plan for drivers with points and or accidents.
NJ High Risk Auto or New Jersey Car Insurance assigned risk mechanism
for drivers unable to obtain coverage in the New Jersey auto insurance voluntary
NJPAIP was established pursuant to N.J.S.A. 17:29D-1 and implemented by N.J.A.C. 11:3-2.1, NJPAIP insurance is the residual market mechanism for auto insurance in NJ. Assisting New Jersey residents that have risks not eligible for personal New Jersey car insurance from preferred NJ Insurance Companies.
To find out how many total points that you have for a NJ PAIP New Jersey Car Insurance Quote visit the NJ Motor Vehicle Commission near you or order your NJ Drivers License 5 Year abstract online here and review your NJ Driver License history.
Consumer help with quotes and qualification.
Get NJ high risk driver car insurance quote help here.
Take an ONLINE Defensive Driving Course and get a reduction in your New Jersey Car Insurance Policy premium.
The NJPAIP NJ Car Insurance eligibility points you may have could be all
moving violations or a combination of
NJ Insurance Points
and NJ DMV - NJ MVC Points combined. They are added together
for your total NJ PAIP car insurance eligibility points. For example, an at fault accident
is 5 NJ insurance points for 3 years. Add that with a DUI, refusal
to take a breathalyzer test, driving suspended or driving without auto insurance
in New Jersey, which are 9 NJ insurance points for 3 years from the conviction
date in court and you have 14 insurance points that will be added to your
moving violations points to determine your total points for your NJ car insurance
- Is a New licensed driver
- Is a Young Teen driver
- Is an Elderly driver (70 years or older)
- Have no prior auto insurance coverage or lapse
- Has a history of late pays or poor credit history
- Urban dweller - Lives in a high risk area
- Has several recent traffic violations; speeding, DUI/DWI etc
- A recent history of several crashes or car accidents
NEW JERSEY INSURANCE LAW.
All private passenger vehicles are mandated by NJ state law to maintain automobile liability insurance, N.J.S.A. 39:6A et seq.
Personal auto coverage may be obtained on a NJ Car Insurance voluntary basis or through the New Jersey Personal Automobile Insurance Assigned Risk Plan. (NJPAIP Insurance)
Rate Filing Requirement - N.J.A.C. 11:3-16
Eligible Persons Regulation N.J.A.C. 11:3-34
Standard/Nonstandard Regulation N.J.A.C. 11:3-19
Underwriting Guidelines N.J.A.C. 11:3-35
How does Where I live in New Jersey affect my premium?
Where you live and which NJ county, more precisely, where you
keep your car at night has a direct bearing on your chances of having an accident
or becoming a victim of theft or vandalism. That is why a vehicle owner
in Jersey City NJ, pays a higher rate on their
NJ insurance policy than the owner of an identical vehicle in
Cherry Hill NJ.
Other factors affecting insurance rates include time and efficiency of police response and law enforcement, local road and traffic conditions and the quality of local medical services. Insurers even factor in the litigation rates in a given area, how many lawsuits are filed, go to trial, are settled out of court, and for how much money.
Vehicles are also grouped into categories according to their chances of being damaged, vandalized or stolen. Insurance companies generally consider the size and type of car as well as the value and the cost of repairs which vary greatly, even on cars that cost about the same amount. Therefore, it is assumed that a new sport utility vehicle is expected to hold up better in an accident than a sleek sports car or a sub-compact car. That is why you should research car insurance coverage before you buy your vehicle.
What is no-fault insurance?
No-fault insurance is a system adopted in some states (like NJ) that essentially
bypasses the conventional legal procedure which finds fault in an accident.
This is the procedure by which you hire a attorney, file suit and possibly
go to court to prove the accident was the other guy's fault. No-fault simply
does away with the concept of one party or the other being at fault--no
lawyers, no court, no judge, no jury, no lengthy lawsuits against the other
This is considered beneficial to all taxpayers, because it eliminates costly legal proceedings that the state must manage, and to insurance policyholders, because it helps keep rates down.
Threshold--The type of damage or injury or the cost of repair or recovery that triggers the need for legal action.
Mandated--Benefit Level The package of benefits (medical, wage loss, replacement services and other expenses) your state requires you to carry.
What steps can I take to reduce my New Jersey car insurance rates?
Auto Insurance companies in New Jersey often discount
their rates in order to encourage good driving practices and the use of
safety and security precautions. Depending on the insurance company, you
can often lower your rates from 5 to 55 percent.
Sometimes the investment you make in your vehicle is worth the discount, and sometimes it's simply worth some peace of mind.
For example, the purchase of anti-lock brakes merits a discount from nearly every insurer, but the discount probably will not pay for the brakes which cost several hundred dollars during the normal life of your vehicle. Anti-lock brakes are touted, nonetheless, as a life-saving feature and deserves serious consideration when safety is a top priority.
Getting yourself out of the NJ PAIP - NJ high or NJ assigned risk
driver pool category is going to take a little time. You may need
to consider the following, cleaning up a bad driving record and paying your
bills on time. Some factors will just fade with time.
Typically a New Jersey insurance company may rate a driver with no points for three years as a good or preferred risk. But there are a few things you can do to cut high risk auto insurance costs now! Consider driving an older car and dropping collision and comprehensive coverage's. if you can accept the risk, carry lower amounts of other standard coverage's.
YOUR PRIVATE INFORMATION REMAINS BETWEEN YOU AND YOUR AGENT OR
CERTIFIED PRODUCER. WE WILL NEVER SELL NOR RENT YOUR INFORMATION
OR EMAIL ADDRESS. ACCEPTANCE OF THESE TERM S ARE IMPLIED BY USE OF THIS
FREE INTERNET RESOURCE. WE DISCLAIM ANY INFERENCE THAT THIS INFORMATION
PROVIDED HEREIN IS LEGAL ADVICE. THIS INFORMATION IS PROVIDED AS IS AND
IS FOR GENERIC INFORMATIONAL PURPOSES ONLY. A NJ PAIP CERTIFIED INSURANCE PRODUCER
IS THE BEST SOURCE TO ASSES YOUR INDIVIDUAL NEEDS. THIS SITE MAY CONTAIN
WEB LINKS TO OTHER VALUABLE CONSUMER INFORMATIONAL OR GOVERNMENT SITES. THIS
SITE IS N0T AUTH0RIZED BY, AFFILIATED WITH, N0R IN ANY WAY RELATED TO AIPS0,
ANY STATE INSURANCE AUTH0RITY,NOR ANY STATE APPR0VED ASSIGNED RISK AUT0MOBILE
INSURANCE PLAN. WE ARE NOT ACTING AS AN INSURANCE CARRIER, AGENT NOR BROKER.
WE OFFER FREE CONSUMER RESOURCES TO ASSIST IN THE PRICING, QUALIFICATIONS
AND PURCHASE OF APPROPRIATE LOCAL NJ HIGH RISK AUTO INSURANCE COVERAGE FROM PROPERLY LICENSED
NJ PAIP or NJ CAIP Certified NJ PRODUCERS who may also be licensed as car insurance brokers.
This is a consumer assistance web site designed to help the average New Jersey Insurance consumer become more educated on their insurance policies as well as insurance needs. This is not intended as legal advice.