In 2026, rates in New Jersey will increase 10.46%, Value Penguin, a personal finance website, estimated in a study released Jan. 5. Under that law, minimum liability limits that drivers in New Jersey must purchase rose in 2023 from $15,000 to $25,000 per injury, $30,000 to $50,000 per accident and $5,000 to $25,000 per property damage incident.
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Where does this end?
Jamie Dimon's modest proposal
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