Auto Insurance Rates Rise, Unemployment Benefits Increase

njspotlightnews.org

Auto insurance rates are going up for more than 1 million New Jersey residents as a law (that went) into effect on Jan. 1 increases the minimum amount of required liability insurance for drivers in the state from $15,000 to $25,000. Supporters of the law argued that car crash victims haven’t been able to have their medical bills fully covered because of low liability insurance coverage. Drivers affected by the new law can expect to pay $125 more a year per car for the higher coverage.