How to Get Approved for Commercial Auto Insurance in New Jersey

Whether you run a small delivery service, a towing company, or a passenger transportation business, having commercial auto insurance in New Jersey is required by law. But getting approved can feel overwhelming if you don’t know where to start.

Well, with the right preparation and understanding of state requirements, the process can be smooth and straightforward.

Understand New Jersey’s Requirements

New Jersey has some of the strictest commercial vehicle insurance laws in the country. At a minimum, all commercial auto policies must include liability coverage of 15/30/5, which means:

• $15,000 for bodily injury per person
• $30,000 for total bodily injury per accident
• $5,000 for property damage

In addition, Personal Injury Protection (PIP) is required to cover medical costs regardless of who is at fault.

However, specific businesses have higher coverage needs. For example:

• Passenger Transport Vehicles:

• 1–12 passengers: $25,000/$100,000 (bodily injury), $10,000/$25,000 (property damage)
• 13–20 passengers: $25,000/$200,000
• 21–30 passengers: $25,000/$400,000
• 31+ passengers: $25,000/$600,000
• Livery Services (Limousines, Autocabs): Minimum of $1.5 million CSL (Combined Single Limit)
• Jitneys (shared taxis): $10,000/$100,000/$5,000 coverage
• Tow Trucks:
• Under 26,000 lbs GVW: $750,000 CSL
• Over 26,000 lbs GVW: $1 million CSL
• Garage Keepers Liability: $100,000 CSL

Steps to Get Approved

1. Know Your Business Type: Insurers assess risk based on what type of commercial driving you do. Passenger services and heavy haulers, for instance, face stricter underwriting.
2. Gather Required Information: You’ll need your business license, DOT/MC number (if applicable), driver lists, driving histories, and vehicle information, including VINs and weights.
3. Choose the Right Coverage: Work with an agent who understands New Jersey’s commercial vehicle laws to ensure you meet legal requirements and protect your business.
4. Keep Driving Records Clean: Drivers with clean records improve your approval chances and can help lower premiums.
5. Work With a Trusted Insurance Partner: Getting approved is easier when you’re guided by professionals who know the ins and outs of commercial auto coverage in New Jersey.

In the End

At Clear Path Insurance Services, we specialize in helping drivers get the coverage they need. Our expert agents specialize in commercial auto insurance and understand the unique needs of New Jersey businesses. We’ll help you find the right policy, stay compliant, and protect what matters most—your livelihood.

Call us today at (908)-955-8085 or get your instant quote to get started.