New Jersey Motorcycle Insurance Laws Attorney
Our Motorcycle Insurance Laws Attorney Provides Professional Legal Services To The Victims Of Motorcycle Accidents In Edison, Freehold, And Brick, New Jersey
Motorcyclists in New Jersey are required to carry insurance, just as passenger vehicle drivers and truck drivers are only allowed to operate a vehicle with the required insurance. However, as perhaps the most vulnerable motorists on the road, motorcyclists should pay extra attention to the insurance coverage they carry. Motorcyclists are much more likely than other road users to be killed or injured in an accident per mile traveled, and the right insurance can help you recover losses in the event of an accident. However, understanding the intricacies of insurance law and how and when you can or cannot file a claim can be difficult, especially for someone recently involved in an accident. This is where we can help. The New Jersey motorcycle insurance laws attorney with Lombardi & Lombardi, P.A. can help you understand the rules and laws that apply to your case, and we will vigorously fight for the coverage and compensation that your insurance policies entitle you to, especially if you are denied a claim or are offered an unfair settlement. Contact us for a free consultation today.
Lombardi & Lombardi, P.A. Will Ensure That You Have Adequate Insurance Coverage in Edison, Freehold, and Brick, New Jersey
As per New Jersey law, you are required to carry the following minimums in insurance coverage:
- $15,000 for injuries sustained by one person in an accident.
- $30,000 for injuries sustained by multiple people in an accident.
- $5,000 for property damage per accident.
From the above, the minimum required liability insurance coverage in New Jersey is $15,000. However, think about what this figure means. It means you are entitled to up to $15,000 coverage for accident-related personal injuries and losses. Medical treatment expenses in the United States can be prohibitively expensive, and even minor injuries such as superficial burns, scratches, and other minor injuries such as broken or fractured bones can cost thousands of dollars to treat.
This means you may be placing your financial well-being in danger if you only purchase the mandatory minimums outlined above. You have the option to purchase higher coverage amounts, and it is usually recommended that you do so to avoid exorbitant fees and other expenses after an accident that policies with lower limits would not cover.
Also, it is recommended that you purchase uninsured/underinsured motorist coverage (called UM/UIM coverage) to protect yourself in the event of an accident with an uninsured or underinsured motorist. UM/UIM coverage can also be used for accidents involving hit-and-run drivers. You can also purchase collision and comprehensive coverage to cover you for damages caused by theft, fire, vandalism, and contact with animals.
Balancing Insurance Premium Costs With Accident Losses And Damages
A common question we receive is about how much insurance coverage costs.
Every insurer charges differently, but the factors below are typically used to determine your insurance rate:
- The type of motorcycle you ride
- Your age
- Where you live
- The coverages you are required to hold by law
- The limits of the policies you’ve elected to purchase
- Whether you are a seasoned or a first-time motorcycle owner
- Your driving history, including any accidents or claims you were involved in
- Whether your motorcycle is equipped with an anti-theft device
- Your financial standing
However, a different way to look at the issue of insurance is to consider how much you potentially stand to lose if you do not have the coverage you need to cover the expenses you will very likely face if you have an accident or suffer other unfavorable events, such as theft, vandalism, animal damage, fire damage, and other sources of financial loss that may not be covered by a basic or standard motorcycle insurance policy.
The easy answer to these questions is to speak with an attorney. A New Jersey motorcycle insurance laws attorney from Lombardi & Lombardi, P.A. can help you decide the optimal amount to purchase in insurance coverage. We can also help you file claims and, based on the specifics of your case, sue for damages if you are involved in an accident and want to know which laws, insurance policies, evidentiary requirements, and filing deadlines (called the statutes of limitations) apply to your case.
Contact Lombardi & Lombardi, P.A.’s New Jersey Motorcycle Insurance Laws Attorney Today For A Free Case Evaluation
Do not underestimate the long-term impact that an accident can have on your physical, emotional, and financial well-being. Our team of dedicated attorneys will fight for your rights, and we will walk you through everything you need to know about personal injury and insurance law. Contact us today for a free case evaluation.
Frequently Asked Questions About Motorcycle Insurance Laws In New Jersey
New Jersey is a no-fault state. You must use insurance to recover losses and damages sustained in an accident. As outlined above, your PIP cover can be used to cover medical expenses and other forms of coverage such as collision or comprehensive coverage can be used to cover other accident-related outlays. You can only sue for damages if you sustain catastrophic damages, typically defined as serious, long-term injuries such as an amputation, disfigurement, scarring, the inability to work, or other injuries that incapacitate you in some way.
For insurance claims involving motor vehicle accidents, it is recommended that you file a claim within 30 days of suffering an accident. You may be required to report an accident even sooner to your employer, as soon as within the first week of an accident. To sue for damages, you have two years from the date on which the accident in question occurred or the date on which accident-related injuries were first identified.
It is best to file early because the earlier you file, the likelier you are to remember specific facts about the accident, and the longer you take, the more opportunity your insurer or an at-fault party will have to argue that your injuries were not serious enough to warrant a claim or lawsuit.