Homeowners face sharp insurance hikes amid costs, climate pressures
As several insurers request significant increases, New Jersey homeowners are feeling the pain. Nearly half of the state’s 127 homeowners insurers requested rate hikes this year. Over fifty requested double-digit surges and were granted, at least partially. St. Paul Protective Insurance Company requested a 40% increase, one of the boldest. Only 19.8% was authorized by…

