Which organization administers the New Jersey Personal Automobile Insurance Plan?

The New Jersey Personal Automobile Insurance Plan is administered by the New Jersey Automobile Full Insurance Underwriting Association. This organization was established to ensure that individuals who have difficulty obtaining automobile insurance through the regular market can still obtain coverage. The association serves as a key component in the state’s efforts to maintain accessibility to automobile insurance for all residents, including those who may be considered high-risk drivers.

By administering this plan, the association helps facilitate the availability of competitive auto insurance policies for those who may otherwise be unable to secure coverage due to history or other factors. This provision is crucial for protecting the interests of all drivers and ensuring that New Jersey meets its legal requirements for automobile liability insurance.