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NJ Auto Reform, Hurray! McGreevey does something meaningful in Office!

Regs

Regs

Lifer
Commissioner Bakke credits Mercury?s entrance into the New Jersey marketplace to the Governor?s auto insurance reform package, which was signed in June. The reforms have been endorsed by consumer and anti-fraud groups, as well as the insurance industry and AAA Mid-Atlantic. It now imposes some of the Nation?s toughest penalties for auto insurance fraud, while strengthening consumer protections and cutting down on the number of uninsured drivers on the road. Innovations include stricter categorization of high-risk drivers, a dollar-a-day insurance plan for low-income drivers and phases out the ?Take All Comers? law that forces companies to insure drivers with bad records.
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I didn't even know there was a law for "Take All Comers" . I mean that is horrible. I wouldn't want to insure a high risk driver either, now I don't blame companies for picking up and leaving. If you are a bad drive, get the hell off the road all ready.

It's still sad though. This reform package was signed in June. Meaning insurance company's are starting to learn they can make do without NJ all together.

Please State Farm, Come back for the love of god!

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