What is a lawsuit threshold in New Jersey?

Posted on Sunday, June 24th, 2012    

Many of our clients who contact our New Jersey personal injury law firm, are not sure whether or not they selected a lawsuit threshold on their car insurance policy. In New Jersey everyone that insures their vehicles must make a selection on whether or not they want a lawsuit threshold (formerly known as a verbal threshold) or a no limitation threshold policy( in the past called a zero or no threshold policy). This decision is very important and needs to be analyzed before making the selection. When you select the limitation lawsuit you have significantly restricted your rights to sue by saving some money on your policy. On the other hand the no limitation lawsuit or no threshold does not restrict your rights at all. When selecting your insurance please make sure you are aware of the implications of your decision which will not only effect you and your spouse if your married but also your children who live in your household. At the Todd J. Leonard Law Firm, we urge all of our clients to select the no limitation threshold. While its true you will pay some more premiums, if you are hurt in an accident you will not have to worry about meeting the lawsuit threshold.

For over 25 years the Todd J. Leonard Law Firm has been protecting the rights of the seriously injured and their families in New Jersey on all types of serious personal injuries and wrongful death claims such as car accidents, truck accidents, motorcylce accidents, bicycle accidents, boating accidents, product defects, swimming pool accidents, pedestrian accidents, road defects, sex abuse claims, nursing home neglect, medical malpractice, premises liability, inadequate security, slip and fall accidents, construction accidents, and other types of personal injury claims. Our New Jersey personal injury law firm has offices conveniently located in Morristown, Denville and Newark, New Jersey. Please call our team of personal injury trial lawyers now for a free confidential consultation at or contact us on the web. There is no fee unless there is a recovery.

Four Convenient Locations

3010 Route 10 West
Denville, NJ 07834
(973) 920-7900
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5 Maple Ave., #2
Morristown, NJ 07960
(973) 842-0935
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1 Gateway Center, #2600
Newark, NJ 07102
(973) 755-1977
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81 Main St, 6th Floor, Suite #640
Woodbridge, NJ 07095
(862) 244-9801
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Contact Us Today

Being injured in an accident can have serious and lifelong consequences. The New Jersey Personal Injury lawyers of the Todd J. Leonard Law Firm can help you fight for maximum compensation for your injuries and losses from the responsible parties. Contact us today at (973) 920-7900 to learn more about how our team of experienced New Jersey Accident attorneys can help you through these challenging times.