auto insurance premiums News

Auto insurer Safety Insurance Company agreed to pay more than $200,000 to settle allegations that it overcharged hundreds of inexperienced drivers by failing to reduce premiums as consumers gained additional years of driving experience. The settlement was announced Tuesday by …

Losses from previous storms are helping to drive up New Jersey’s auto insurance rates, which are already the highest in the nation. The Record newspaper reports the state approved increases for 26 insurance companies this year, including top insurers Allstate, …