Cities Cool to Removing Cap on Car Insurance

TRENTON - State officials said Thursday that caps removed from auto insurance rates in cities will not automatically increase costs for drivers and could help build a more competitive auto insurance market.John Dyke, chairman of the NJ Auto Agents Alliance Inc., which represents agents and consumers in the Garden State, said he expects drivers in urban centers will eventually be hit with steep increases."Removal of the caps is good for the market and a healthy market is good for everybody," Bryan said Thursday.....

We are unable to display this entire news item because this article's licensing expires after a certain amount of time. This article was originally published by Record, The; Bergen County, N.J. and it may be available at their website. Sorry for the inconvenience.

Car Insurance News: Cities Cool to Removing Cap on Car Insurance...Get an auto insurance quote!