Auto insurance customers in New Jersey are experiencing regular increases

New Jersey auto insurance

The rates in the state for vehicle coverage have risen again, according to NAIC data. The National Association of Insurance Commissioners (NAIC) has reported that drivers in New Jersey are continually paying higher prices in order to maintain their auto insurance coverage. The Garden State has been experiencing regular rate hikes over the last few years. Data released by NAIC has shown that in 2009, the average cost of auto insurance in New Jersey had been $1,218. This increased the next year to reach $1,276. The association notes that this…

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New insurance regulations for New Jersey drivers

New Jersey is considering a massive change to the regulations for the personal injury element of auto insurance, with the intention of keeping rate increases under control. The primary changes have to do with the ways in which a doctor will be permitted to bill for the treatments provided, and will recreate the way in which a claim that has been denied can be appealed. While New Jersey has maintained its status among the more costly states in which to buy car insurance, its residents are paying lower premiums following…

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