What is NJ CAIP? Commercial Auto Insurance for hard to insure NJ business types.
NJCAIP NJ Commercial Auto Insurance. Getting New Jersey commercial auto insurance for contractors, public livery, medical transport operation or commercial trucking in New Jersey can sometimes be hard. Use NJCAIP Certified Producers when you have been declined or canceled elsewhere or have problems finding coverage.
These types of risks may be referred to as “High Risk Commercial Auto Insurance” or “Non Standard – Assigned Risk Commercial Vehicle Insurance Plan or New Jersey Assigned Risk”. This is where you go to find coverage when you can’t get insured elsewhere.
NJCAIP Certified Producers insure Commercially Registered Vehicles, private passenger types, contractors vehicles, tractor trailer trucks, straight trucks, box trucks, buses, bus fleets, public livery, medical transport vans, ambulances and others that are not insurable immediately in the NJ Commercial Vehicle Insurance Voluntary or NJ Preferred Insurance Markets.
All commercial motor vehicles registered or principally garaged in New Jersey are mandated by law to maintain liability insurance, N.J.S.A. 39:6B et seq. Commercial auto-truck-van-bus-public livery insurance coverage may be obtained on a voluntary market basis or through a licensed producer certified by the New Jersey Commercial Auto Insurance Plan.
Only NJCAIP Certified Producer Agents may offer this Commercial Auto Insurance coverage and transact these types of policies. Use the quote request form for assistance.
NJCAIP is the state of New Jersey mechanism for obtaining Commercial Auto Insurance for Commercially Registered Vehicles that are not insurable immediately in the NJ Voluntary or Preferred Insurance Markets. Established January 1, 1984 to provide coverage for a New Jersey commercial automobile risks unable to obtain coverage in the voluntary market.
What is Commercial Vehicle Insurance?
Commercial Auto Insurance or Business Auto Insurance insurance policies (BAP’s) insures a businesses use of cars, trucks, vans, semis, buses and many other possible vehicles in the daily routine of business operations. Policy coverage usually include vehicles that may be owned or leased by the business, hired by the company, or possibly vehicles that may be owned by certain employees that are used for business purposes.
Licensed and State Certified NJCAIP Producers-Transportation Coverage Specialists will help you find the right commercial vehicle insurance at the best price that is available to you.
For some policies outside NJCAIP you may qualify for one or more of the following discounts.
› Stackable discounts › Paid In Full › Business Experience › Package › Faster, easier payments › Direct-to-consumer billing › Flexible installment plans › No-interest financing › Low initial payments › Online and phone payments › Check, credit, money order, EFT accepted on certain policies.
NJCAIP.ORG, NEW JERSEY COMMERCIAL AUTO INSURANCE ONLINE RESOURCE FOR NJ COMMERCIAL AUTO INSURANCE FOR THOSE THAT HAVE NOT BEEN ABLE TO SECURE COVERAGE IN THE PREFERRED MARKETS.
THIS IS NOT AUTHORIZED BY,AFFILIATED WITH, NOR IN ANY WAY RELATED T0 AIPS0 ANY STATE INSURANCE AUTH0RITY,NOR ANY STATE APPROVED ASSIGNED RISK AUT0M0BILE INSURANCE PLAN. CERTAIN NJCAIP POLICIES MAY BE BOUND IMMEDIATELY AND PROCESSED SUBJECT TO NORMAL UNDERWRITING PROCEDURES AS SET FORTH BY THE NJCAIP PLAN MANUAL. POLICIES ARE ISSUED BY COMMERCIAL NJCAIP-LIMITED ASSIGNMENT DISTRIBUTION INSURANCE COMPANIES IN New Jersey (LADS). ONLY A NJCAIP INSURANCE CERTIFIED PRODUCER AGENT – TRANSPORTATION COVERAGE SPECIALISTS MAY BIND THESE STATE MANDATED POLICIES AND COVERAGE FOR YOU.