Q: I am new to New Brunswick and I just want to make sure I have adequate coverage. What level of coverage should be included in a standard New Brunswick auto policy?

A: Hopefully your question is from New Brunswick, NJ and not New Brunswick, Canada. If you are in Canada, contact your local insurance office and register with them. If you’re asking about a standard New Jersey, New Brunswick auto policy, then you’re in luck.

The state of New Jersey requires all drivers to have auto insurance. New Jersey actually has a lot of options when it comes to auto insurance because of the Auto Insurance Cost Reduction Act, which basically states that most motorists have some form of auto insurance available to them. The cheapest option available is the basic insurance plan, but keep in mind that it only covers damage to the other driver’s car. You are responsible for paying all injuries, pain and suffering, lost wages, or any other related costs.

The next best plan offered is the Standard Policy. Basically, what should be included in a standard New Brunswick auto policy at a minimum is $ 15,000 per person per accident, $ 5,000 for property damage per accident, and $ 250,000 per accident if you or someone covered by your policy suffers a permanent or significant injury. . These limits can be increased by paying a higher premium and you must protect yourself and your assets by purchasing the amount of coverage you think you may need.

Last but not least, we recommend that you take a few minutes to compare prices online from several different providers. You may be surprised at how much money you could be saving on your auto insurance coverage.