Just got a notice from State Farm stating:
If the subsequent filing is approved for the full amount requested, when combined with the previously approved rate increase, the average policy will see a rate change of +147.0%. The impact of these filings on your rates may vary substantially, depending on the terms of your policy and your individual circumstances.
Yes, 147% increase! Last year it was 50%. Cumulatively that is well over 225% increase. And I have a 2 year old Honda with only 4,000 miles! I guess it is all those under 30 males crashing into us older folks. Solution, not allow any male under 35 to drive!
Oh yes, the Gov and his cronies, remember the guy that sent all the old folks sick into nursing homes with the result of massive deaths, well he could stop this but alas he seems to be on his last legs.
So avoid NJ at all costs!
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