On Aug. 31st 2009, Geico underwriting companies requested an increase in automotive insurance rates for their New Jersey Policies with the NJ department of banking and insurance.
The the rate increase could affect 170,000 Geico auto insurance customers for New Jersey. It’s reported that some people may be looking at an increase of more than 17% !!
Geico’s recent request for raising their rates falls after the settlement of a class action law-suit in which NJ customers who purchased online didn’t receive adequate personal injury protection to meet state laws.
Are you worried you may not have enough coverage to uphold New Jersey insurance laws? Or maybe you just want to see if you are getting the best rate available? Contact Eastern Insurers, we have the best service at the rates you deserve! 800.269.3203
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