Online Auto Insurance News

More Garden State residents now can participate in the Teacher’s Insurance Plan of NJ, thanks to the company’s recent expansion of eligibility to include members of the New Jersey Parent Teacher Association (NJPTA).

According to Teachers Auto Insurance Company of New Jersey, parents who are active in the NJPTA will be eligible for the inexpensive auto insurance plan with proof of membership. They assert that the New Jersey car insurance coverage that has historically only been available to educators in the state is cheaper than rates extended by most other insurance companies.

In addition to saving money, those who enroll in the Teachers’ Insurance Plan of New Jersey will also be helping raise money for the state’s schools. The Teachers’ Insurance Plan of NJ runs a program called “Quotes for Cash,” in which school districts sign up for the program and distribute brochures about the plan; the insurance company donates $20 for every district employee that calls for a quote and an additional $25 to the district or employee for every policy sold.

“The partnership with Teachers’ Insurance introduces a great new way for NJPTA members to fundraise for their chapters while offering them the opportunity to save money with a company that specializes in insuring members of the educational community,” stated Judy Hyde, president of the NJPTA.

Residents of the state could use a break on coverage prices. New Jersey had the second-highest average auto insurance expenditure in 2007, according to the National Association of Insurance Commissioners (NAIC).