Even with New Jersey automobile insurance rates climbing by double-digits, consumers can still take steps to lower their ...
A 2022 law increasing minimum liability coverage requirements is a primary driver of the rate hikes. The average cost for car insurance in New Jersey is already significantly higher than the national ...
New Jersey’s car insurance premiums are rising faster than anywhere else in the country in 2026, and it’s not just inflation.
Data: Insurify; Map: Alex Fitzpatrick/Axios Car insurance prices dipped last year after a post-pandemic stretch of skyrocketing costs, a new Insurify report finds. The average annual full-coverage ...
New Jersey has approved auto insurance rate hikes for 69 of the state’s 77 carriers so far this year. The biggest? It went to Vault Reciprocal Exchange, a company that bills itself as an insurer for ...
New Jersey drivers pay some of the highest rates for car insurance in the nation: A full coverage policy averages $3,254 a year, or 21% more than the national average Minimum coverage in the Garden ...
In 2026, rates in New Jersey will increase 10.46%, Value Penguin, a personal finance website, estimated in a study released Jan. 5. Under that law, minimum liability limits that drivers in New Jersey ...
When you compare New Jersey's most affordable car insurance options, CSAA, NJM, and Mercury consistently offer competitive rates. It's no secret that New Jersey's auto insurance rates are on the high ...
If you're tired of sticker shock on your car insurance bill, you're not alone. Premiums have shot up a whopping 30% since 2023, according to the Bureau of Labor Statistics. That amounts to more than ...
Drivers in Wyoming, Iowa and Arkansas saw the largest price cuts in the U.S., while other states saw premiums rise.
The New Jersey NAACP and two Latino groups sued state insurance regulators Wednesday, alleging they improperly allowed insurers to use proxies for income and race when setting car insurance rates. In ...
Michelle is a lead editor at Forbes Advisor. She has been a journalist for over 35 years, writing about insurance for consumers for the last decade. Prior to covering insurance, Michelle was a ...
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