New York Insurance

Lead: New Jerseyans have known for some time, they pay the highest auto insurance premiums in the country. But given that the costs continue to rise, while neighbouring countries, also appear to increase the limit high price of scope comes increasingly as a major political issue.

NEW Jerseyans have known for some time, they pay the highest auto insurance premiums in the country. But given that the costs continue to rise, while neighbouring countries, also appear to increase the limit high price of scope comes increasingly as a major political issue.

In August, Kenneth D. Merin, the State Insurance Supervisory Board Commissioner, announced $ 60 million in increases, including higher premiums for motorists, see the fault in an accident and rebates on savings to motorists reduce the choice of certain coverage options. For thousands of New Jerseyans, has meant the annual increases of up to $ 158 on their insurance premiums from last week. In addition, the state insurance supervisory division expects that the rule until the end of this year, a request by 16 per cent of higher costs for basic care, the current increase in costs Annual estimates for self-insurance in the state of $ 105 - $ 640 to $ 745.

Although state officials have said that the request should not be granted in full, its size has an important automobile insurance in legislation this autumn races, Landeshauptmann Kean and the gathering of Republicans conducted on loggerheads with the Democratic At the Senate majority, as premiums.

According to Best’s Insurance Management Reports, an industry newsletter, New Jerseyans spent an average of $ 607.27 per year for auto insurance in 1985, the latest year for which figures are available. New York, by contrast, paid an average of $ 489.06 for the year 1985, in Connecticut, the average of $ 418.58.

Among the reasons for New Jersey’s premiums amounted to the most dense population of the country and its overcrowded streets. Another factor is a law, motorists to buy unlimited cover for medical expenses from an accident. All other borders of the State of Michigan, except health care to somewhere between $ 10000 and $ 25000.

The policy, however, is the emphasis on the ease with which drivers the possibility of another. New Jersey law eine”Schmerz costume and Leiden”Fahrlässigkeit be on the basis of a medical bill, $ 200 or more, while New York, Connecticut and in most other countries have either an increase in medical costs threshold or a descriptive “” Schwelle”verlangt verbal evidence of physical injury.

”The limit of only $ 200, submitted by the doctor to patients treated with the challenge of up to $ 200 bill, he can lodge a complaint,’’said Thomas Hooper, Special Assistant to the Commissioner Merin. ”And, of course, $ 200 these days is practically an office visit.”

Between 1973, when the State has a no-fault automobile insurance plan, hoping to reduce the need to test, and in 1985, the number of negligence car is actually increased by 41 percent, to 16400 27800th In contrast, New York State is a no-fault state, adopted a verbale””Schwelle credited during the year 1977 is that with the support of reducing the number of complaints in 16600 the year 1985 (it was 24300 1965).

In August, the Assembly approved the New Jersey 37 to 2 for approval of the bill Republican Governor Kean, on the adoption of verbal threshold. There is no doubt in my mind,’’said Assemblyman Ralph A. Hahn, a Morris County Republican and chairman of the Assembly committee on insurance,”that if we could verbal threshold, we could save $ 100.