must have insurance at new jersey

New jersey auto insurance

According to the law of New jersey insurance is a "must have" thing.It is clear that if you drive without proper insurance, you are breaking the law.
You know it !
Well then we move on as Whether you are going to buy a new insurance policy or renewing your current policy, you will have to make many decisions related to about what kind of coverage will suit your needs and how much you can will it cost you in form of premium
So here we start from :
There are two types of main coverage :
1)PIP or Personal Injury Protection : It helps you to get financially protected in case of auto accident.PIP sometimes also called as "no-fault" coverage because it pays your own medical expenses no matter who caused the auto accident.
It is sub divided into two parts:
1)Reimbursement of medical bills and other cost related to treatments
2)Reimbursement for certain other expenses you may have because you are hurt for example lost wages due to accident.
2)Liability coverage :This is related to third party - in case of any injury to the body or property of third party this coverage is used.