Low New Jersey
auto insurance rates from leading New Jersey auto insurance companies.
Smallest increase in New Jersey Auto Insurance Rates
Although the cost of auto insurance claims are rising, the Insurance
Information Institute reports that New Jersey auto insurance
rates and rates nationwide are expected to rise by only 3.5
percent in 2004. Drivers with good driving records may even see their
New Jersey auto insurance rates decrease.
The increase in New Jersey auto insurance rates are caused by higher
cost of repairs, increase cost of medical claims, higher jury awards
in auto liability cases, and an increase in auto theft and auto
insurance fraud.
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