New Jersey drivers still pay more for auto insurance than residents of any other state, but the gap is shrinking.
According to a study from the National Association of Insurance Commissioners, the average Garden State driver paid $1,184 to insure each car in 2005. That’s about $10 per year below what motorists paid two years earlier.
The Garden State edged out the District of Columbia by $2 dollars per vehicle.
Still, New Jersey’s rates are 43 percent higher than the national average of $829.
Topics New Jersey
Was this article valuable?
Here are more articles you may enjoy.
The Big Data/AI ‘Revolution’ Is Driving Up Verdicts, Settlements as Plaintiffs Buy In 
UnitedHealth Sells Interest in Florida WellMed Clinics to TPG 
Powerful El Niño Nears Record Strength, US Forecasters Say 
GEICO Avoids Class Action Over Totaled Vehicle Payouts in New Jersey From This Issue
