JKD: Some companies have opted to file their own Territorial Rate Maps with the New Jersey Department of Banking & Insurance.
JKD: Sounds like most towns will have their own territory with that particular carrier.
JKD: That's pretty much the same thing I said to our Governor's Office upon the proposal of that law & also upon the deletion.
JKD: Unfortunately, our business has gone from a profession to a dog-and-pony show.
JKD: Most agents tell me that their personal auto volume is down, way down.
JKD: And when the direct writers pick up points later, they increase the premium?
JKD: Some say it's still coming, yet others say that our state is so densely populated that we will always be high.
JKD: Perhaps, but there are insurers that are selling less coverage, which may eventually lower the average premium.
JKD: Well, if there is any underwriting fraud, then insurers have the right to contact the OIFE But the real question is of "intent".
JKD: Allstate's short around 18,000 risks and GEICO's short at least 6,000.
JKD: The proposed "TREE" program will subsidize car insurers that actually write urban cars.
JKD: I see you've been insuring urban cars for a long time!