Dr. Susan Hume, Associate Professor of Finance was interviewed by WalletHub on finding affordable car insurance in New Jersey. In the piece she answers the following questions:
- What are the biggest risk factors keeping car insurance rates from being cheaper in New Jersey?
- What factors make coverage so high in NJ?
- Is there anything that state and local governments can do to promote cheap car insurance rates for their constituents?
- What is the biggest vehicle-related financial mistake that drivers in New Jersey make?
- How does credit history impact car insurance rates in New Jersey?
Dr. Hume’s full interview is available here.