Best Local Car Insurance Agencies in Paterson

Frequently Asked Questions

• Introduction

  A way to stay protected while on the road, car insurance offers a financial safety net should accidents occur, regardless of who's at fault. The right car insurance agency can be very valuable, providing a way to purchase an ideal level of auto insurance coverage for personal circumstances. Agencies can help customers select the most beneficial coverage options while saving money on their insurance plan. With help from a qualified agency, it's possible to feel safe and secure behind the wheel.
  

• Is auto insurance more expensive in Paterson than in the rest of New Jersey?

  Yes, insuring a car in Paterson costs approximately $55 more per month than the average cost in the rest of New Jersey. Similarly, Paterson residents can expect an additional expense of roughly $80 per month for vehicle coverage compared to the rest of the country. However, rates can vary depending on location, driving history, and the type of car motorists own or drive.

• How does the cost difference in auto insurance rates compare for teenage drivers and drivers in their 20s in Paterson?

  The largest disparity in auto insurance rates in Paterson exists between teenage drivers and those in their 20s, amounting to a substantial $6,053. Each month, male teen drivers incur an additional $50 in car insurance costs compared to their female counterparts when covered under their parent's auto insurance policy. Transitioning out of their teenage years is one of the most straightforward strategies for teen drivers to reduce their car insurance premiums.

• How long is an SR-22 filing required in most cases in Paterson?

  Paterson drivers should submit an SR-22 form to the MVC within a 3-year timeframe to demonstrate their financial responsibility. This requirement arises following the reinstatement of their driving privileges after suspension. Insurance companies can electronically submit SR-22 documents to the state of New Jersey on behalf of drivers required to maintain and provide proof of valid car liability insurance.

• Is car insurance required in Paterson?

  Yes, New Jersey law mandates that all registered vehicles in Paterson must have a minimum amount of liability insurance coverage. Motorists must maintain a minimum bodily injury liability coverage of $15,000 per individual and $30,000 per accident. Additionally, they must have property damage liability coverage of $5,000 per accident and a minimum personal injury protection coverage of $15,000.

• What consequences do Paterson drivers face when they do not meet the minimum car insurance requirements?

  Drivers in Paterson who do not comply with the minimum car insurance requirements could face penalties ranging from $300 to $1,000, mandatory community service, and a one-year suspension of their driver's license. Subsequent violations come with more severe consequences, including a 14-day jail term, a two-year driver's license suspension, and the possibility of a fine reaching $5,000. Additionally, violators may be required to perform 30 days of community service.

• What is car insurance?

  Car insurance is a form of insurance that can cover damages to cars, drivers, passengers, and other property when an accident occurs. If another car crashes into a driver, or if a driver causes an accident, car insurance will pay most or all of the cost of repairs.