Auto insurers asking for double-digit rate hikes in N.J. The highest is 63%.

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Auto insurers asking for double-digit rate hikes in N.J. The highest is 63%.
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Dozens of companies have asked regulators for permission to charge more.

More than 20 companies have been granted double-digit rate hikes since January 2023, with the largest going to Amica Property & Casualty. It received a 20% increase after asking for a rise in rates of 30%, agency data shows.

It’s unclear if every driver would face the same increase if the request is approved and how many customers each company has in New Jersey.

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