New Jersey automobile insurance remained the highest in the nation in 2005 despite dropping 3 percent over 2004's figures, according to the nation's insurance regulators.
The finding was contained in the National Association of Insurance Commissioner's 2004/2005 Auto Insurance Database Report released today covering rates and expenditures from 2001 through 2005.
The report shows that from 2004 to 2005, New Jersey's automobile insurance expenditure by policyholders dropped 3 percent but was still the highest in the country at $1,184.
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