New Jersey features some of the highest car insurance rates in the nation due to dense urban populations, high accident frequency, and a complex no-fault system. The state mandates Personal Injury Protection (PIP) and has strict proof-of-insurance requirements.
New Jersey Auto Insurance Facts
Drivers
- ~6.5–6.7 million licensed drivers as of 2023.
- ~85% vehicle ownership among households.
- High use of sedans and compact cars.
- Uninsured driver rate around 11%.
- Extensive public transportation system, especially in urban centers.
Accidents
| Year |
Reported Crashes |
Injury Crashes |
Fatal Crashes |
| 2018
| ~120,000
| ~35,000
| 650
|
| 2019
| ~122,500
| ~36,500
| 680
|
| 2020
| ~110,000
| ~31,000
| 600
|
| 2021
| ~115,000
| ~33,500
| 620
|
| 2022
| ~118,000
| ~34,500
| 640
|
Laws & Regulations
- No-fault insurance system with mandatory PIP.
- Proof of insurance required at registration.
