New Jersey's auto insurance situation is the subject of this article. New Jersey drivers pay the nation's highest insurance premiums, averaging some $700 a year, but amounting to as much as $2,200 for a young driver in Newark insuring nothing grander than a 1985 Chevy. Attempts have been made over the last 15 years to salvage New Jersey's no-fault auto insurance program. This article offers some insights into what has gone on during this 15-year struggle, including legislative attempts to salvage the program and the response of the insurance industry. Preceding this discussion is an examination of the two most significant--and costly--features of the no-fault law: the unlimited and uncapped medical benefits an injured motorist can receive from his own insurer and an almost unlimited access to the courts for the purpose of suing other vehicle owners.

  • Availability:
  • Corporate Authors:

    Insurance Information Institute

    110 William Street
    New York, NY  United States  10038
  • Authors:
    • O'Reilly, M T
  • Publication Date: 1987-12

Media Info

  • Pagination: p. 30-33
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00496544
  • Record Type: Publication
  • Source Agency: National Highway Traffic Safety Administration
  • Report/Paper Numbers: HS-040 430
  • Files: HSL, USDOT
  • Created Date: Aug 31 1990 12:00AM