As per the most recent data from the National Association of Insurance Commissioners, the average premiums rates for auto insurance policies in New Jersey has increased over the last few months. The insurance regulators in this state and also the other representatives of this industry place the blame on the increasing cost of availing the personal injury protection plan. The figures released on Tuesday after the completion of an NAIC study said that the average cost of insurance a personal vehicle in New Jersey has risen from $1,198 to $1,218. The premium for comprehensive auto insurance, collision insurance and liability … (more) January 25, 2012





