NJ car insurance rates soar, driving some to dump coverage – New Jersey Monitor

New Jersey Monitor

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Summary

Some New Jersey motorists, already shouldering car insurance costs that are among the highest in the nation, saw their rates rise as much as 32.5% in the past two years far faster than inflation and nearly five times the rate that triggers regulatory review.

Most of the 77 insurers that write aut…

Source: New Jersey Monitor

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