Risks of Not Having Auto Insurance

You don’t have an option if you are a New Jersey driver; you must carry a New Jersey auto insurance policy that at least meets minimums set forth by the Basic state plan. If you don’t, it is easy to be caught – the government compares registrations and insurance policies on a regular basis to catch those not carrying insurance. Just a single offense means that you’ll pay a $300 fine, have your license suspended for up to a year, and have to perform community service! If you’ve been caught before, subsequent fines are even harsher – a $500 fine, 14 days in jail, community service, and loss of your license for up to two years.

In addition, by not carrying insurance, you’re putting yourself at financial risk. Even if you don’t care if you damage your car, remember that medical bills are expensive, as is personal property. Your auto insurance looks out for the other drivers on the road, not just you!