Auto Insurance
Independent Auto Insurance Broker in
New Jersey & Pannsylvania
An independent auto insurance broker – Neptune Financial Services (NCR) offers affordable auto insurance in New Jersey and Pennsylvania. NFS is specializing in helping you save money on your auto insurance needs today by evaluating multiple carrier rates for you. Ask for FREE auto insurance quote today. We are working as an independent auto insurance broker in Pennsylvania as well.
Whether you are buying a new insurance policy or renewing your current policy, you must make many decisions about what coverage you need? And how much you can pay? Following are some of the questions you should think before choosing a specific coverage plan?
- Will your own health insurance cover auto accident injuries?
- How much insurance coverage can you afford?
- How much coverage you really required?
- How much deductible you should keep to afford?
- How much liability you should carry?
- You must understand your coverage options when you buying or renewing your auto policy or even at any time during your policy period.
- You must have to know, how each option may effect? What you pay? and what your benefits would be in the event of accident?
- You can shop for auto insurance independent broker in new jersey and pennsylvania at any time – not just when your policy is up for renewal? And, if you find a better price, you can cancel your old policy and seek a refund of your unused premium from insurance company.
- You can change your coverages and policy limits at any time, even if you are not near your renewal date.
Cost
of Work
Comprehensive Coverage
Pays for damage to your vehicle that is not a result of a collision, such as theft of your car, vandalism, flooding, fire or a broken windshield. However, it will pay if you collide with an animal. This option protects your vehicle against physical damage caused by anything other than a collision and protects you from having to pay for it. Covers an animal hit, storm damage (including wind, hail and flood), repairs of damage from vandals keying your car – breaking into your car – or even theft, glass damage including windshield chips or cracks. Comprehensive insurance, collision insurance and liability insurance are the three components of an automobile insurance policy.
Bodily Injury Liability Coverage
Known for BI – pays for claims and lawsuits by people who are injured or die as a result of an auto accident you cause. It compensates others for pain, suffering and economic damages, such as lost wages. This coverage is typically given as two separate $$ amounts: (1) an amount paid per individual and (2) an amount paid for total injuries to all people injured in any one accident that you cause. It can sometimes be purchased as a combined single limit , which offers a maximum limit of protection per accident of bodily injury and property damage liability combined.
Property Damage Liability Coverage
Known for PD – pays for claims and lawsuits by people whose property is damaged as a result of an auto accident you cause. May also be purchased as a combined single limit with bodily injury liability coverage.
Uninsured Motorist Coverage
This coverage pays you for property damages or bodily injury if you are in an auto accident caused by an uninsured motorist.
Under Insured Motorist Coverage
This coverage pays you for property damages or bodily injury if you are in an auto accident caused by a person who is insured but who has less coverage than your under insured motorist coverage.
Collision Coverage
Collision is a coverage that helps to pay for repair or replace your car, if it’s damaged in an accident with another vehicle or object, such as a fence,wall,pole or a tree. This coverage pays for repair, replace or damage to your vehicle as the result of a collision with another car or other object. It will reimburse the insured for any damage sustained to their personal automobile that is due to the fault of the insured driver. It does not cover damage due to theft or vandalism. It also does not cover damage that is paid from another driver’s policy, if the other driver was at fault. This option is often added as an extension of a basic policy.
Collision coverage is there for you when you make a mistake. It covers damage to your vehicle when you hit another vehicle, tree, pole, guardrail, or ice and slide into an inanimate object.
Comprehensive Coverage
Pays for damage to your vehicle that is not a result of a collision, such as theft of your car, vandalism, flooding, fire or a broken windshield. However, it will pay if you collide with an animal. This option protects your vehicle against physical damage caused by anything other than a collision and protects you from having to pay for it. Covers an animal hit, storm damage (including wind, hail and flood), repairs of damage from vandals keying your car – breaking into your car – or even theft, glass damage including windshield chips or cracks. Comprehensive insurance, collision insurance and liability insurance are the three components of an automobile insurance policy.
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Comprehensive Coverage
Most State law requires drivers to carry liability insurance, but collision and comprehensive insurance are optional if you own the vehicle outright. If you’re financing or leasing your car, your lender likely requires comprehensive coverage.
Comprehensive helps cover damage to your car that’s not the result of a collision, such as: Theft, Vandalism, Fire, Natural disasters (like a hurricane or a tornado), Falling objects, Damage done to your car by animals, A civil disturbance (like a riot that results in damage or destruction of your car). Comprehensive coverage does not cover: Damage to your car from a collision, Damage to another person’s vehicle from a collision. Your (or your passengers’) medical expenses after an accident.
Bodily Injury Liability Coverage
In New Jersey with the standard auto policy, you can buy as low as $15,000 per person/$30,000 per accident and as high as $250,000 per person /$500,000 per accident. With Basic auto policy this coverage is not included but $10K for all persons per accident is available.
Property Damage Liability Coverage
In New Jersey with the standard auto policy, you can buy as low as $15,000 per person/$30,000 per accident and as high as $250,000 per person /$500,000 per accident. With Basic auto policy this coverage is not included but $10K for all persons per accident is available.
Uninsured / Under Insured Motorist Coverage
In New Jersey with standard auto policy Uninsured -Under insured Motorist coverage is available up to amounts selected for liability coverage but not available with basic policy.
Collision Coverage
If you’re leasing or financing your car, collision coverage is typically required by the lender. If your car is paid off, collision is an optional coverage on your car insurance policy. Collision insurance helps pay to repair or replace your vehicle if it’s damaged from a single-car accident that involves rolling or falling over. Collision insurance does not cover: Damage to your vehicle not related to driving like, hail or theft, Damage to another person’s vehicle, Medical bills (yours or another person’s).
Comprehensive Coverage
Most State law requires drivers to carry liability insurance, but collision and comprehensive insurance are optional if you own the vehicle outright. If you’re financing or leasing your car, your lender likely requires comprehensive coverage.
Comprehensive helps cover damage to your car that’s not the result of a collision, such as: Theft, Vandalism, Fire, Natural disasters (like a hurricane or a tornado), Falling objects, Damage done to your car by animals, A civil disturbance (like a riot that results in damage or destruction of your car). Comprehensive coverage does not cover: Damage to your car from a collision, Damage to another person’s vehicle from a collision. Your (or your passengers’) medical expenses after an accident.
It is a law, required by most of the states, It’s protects not only you and your automobile but also protect you from liability. Saves you lots of money in case of any type of accident.
Yes, you can shop for auto insurance at any time – not just when your policy is up for renewal, and if you find a better price, you can cancel your old policy.
Yes, you can cancel your old policy and seek a refund of your unused premium from insurance company subject to your advance payments.
Driving a vehicle without insurance cause a violation in most of the states. A first time violation includes a fine plus surcharge and mandatory license suspension for few months.
Deductible meaning, payments you have to make before the insurer pays. You should have deductible base on your comfortability. Higher deductible will lower down your premium.
When you can afford to repair or replace your vehicle and manage liability risk on your own, you can buy minimum value insurance.
At the time of accident, first step – call 911. Second step – if possible, collect all information about accident. Third Step-Call your insurance company claim number from your insurance Id Cards.
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(732) 820-0047
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8 Quakerbridge Plaza Suite H, Hamilton, NJ 08619
