Should You Buy Collision or Comprehensive NJ Car Insurance?

Purchasing car insurance is a major decision, one that’s almost as important as selecting a vehicle. NJ car insurance can be purchased at three different levels – liability, collision and comprehensive.

Types of NJ Car Insurance

Liability car insurance is the minimum amount you can buy and still be legal. However, it only covers any damages caused to another motorist and their vehicle by you. So basically, if you crash into another car, liability insurance will only cover the damage you do to the other vehicle, leaving you to foot the bill for your own car repairs.

Collision insurance covers more than minimum liability. NJ collision car insurance covers damages done to both yours and the other party’s vehicles. But, if you have an accident that you did not cause, such as a tree falling on your car, collision insurance will not cover those damages. For the most thoroughly covered NJ car insurance, you will want to buy comprehensive insurance.

Comprehensive car insurance covers any and all types of accidents that cause damage to your vehicle. Comprehensive includes damages caused by acts of God, such as floods, hail storms, tornadoes, and hurricanes. It also covers theft, vandalism, and fire. Comprehensive coverages is the most expensive NJ car insurance available, but it’s also the only type of insurance that will give you complete peace of mind. It’s especially recommended if your vehicle has a high resale value.

We can’t tell you what type of car insurance coverage is right for you. That is strictly a decision you must make on your own, based on your budget and needs. Of course, if it’s at all possible, we recommend buying fully covered comprehensive insurance, but we also understand that not all budgets have room for that. Just remember, it is unlawful to drive uninsured, so you must choose some type of coverage to avoid unnecessary traffic violations and hassle.