Business Car Insurance Toms River New Jersey NJ
Reader’s Question:
In Toms River NJ, I would like to know if admitted insurance providers permits to specifically exclude drivers on the business car insurance policy?
Eric
Toms River, NJ
An admitted company is an insurance provider that is authorized and licensed to do business in a given state. So a New Jersey admitted insurance carrier is one that is licensed and authorized to do business in Toms River New Jersey.
Insurance providers are regulated by state agencies. To check if in New Jersey an insurance provider is allowed to exclude motorist on a business policy, verify with the New Jersey Department of Banking and Insurance.