Auto Coverage Choices Dwindle in N.J.
NU Online News Service, Dec. 30, 3:30 p.m. EST?In addition to some 25 auto insurers that have left New Jersey during the past 10 years, seven more insurers have either left or announced plans to stop doing business in the state this year, according to the Coalition for Auto Insurance Competition in Newark, N.J.
"Drivers are facing the ugly truth about auto insurance in New Jersey," Coalition Chairman John Friedman said. "Excessive regulation and political interference is forcing auto insurers to flee New Jersey, leaving drivers with little choice and few options."
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