The increase in the New Jersey Auto Insurance lags reductions registration
In your April 1st report on reductions in New Jersey auto insurance, you do not observe that the hotel Dir Jim Florio, former environment with the driver of the state - with one hand and to return to another. Some of us are more than others.
My wife and I are both working, and everyone needs a car, our places of employment. My wife led a 1986 Mazda, I drive a 1986 General Motors small pick-up truck.
Recently, I received my form for renewal of registration for the collection. The tax was last year, $ 56. This year it is $ 106.40. A renewal notice the shape recalls that 40 cents of that increase, which is, indeed, for the next six years for development (production is not?) Reflectorized vehicle registration, an excellent example of the definition priorities in close economic times.
The balance of the increase, or $ 50, is “to assist the financing of New Jersey insurance reform programme”, a message of renewal. The increase raised my fees for the collection of nearly 89 per cent, but wait. The increase in the car my wife in the same age as me, is just $ 15. There is no explanation why a standard half-ton collection, for essentially the same size, weight and dimensions as limousines on the road, it is surcharged $ 35 per year, more than the sedans. Even a new car is charged only $ 40 more per year for the first two years, but vans and trucks, regardless of their age, pay $ 50 per year.
The so-called reduction that the state has promised, on insurance premiums by registration fees higher for the next six years. The State is pocket-quality report what happened to insurance companies, which have expressed their intention to consult the file increases.
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