Why did Geico leave California?
The Chronicle reports that insurance industry magazines linked Geico's decision to close California sales offices to its failure to raise insurance prices in compliance with Sacramento regulations and other market forces.
Do I need PIP coverage in NJ?
It is mandatory for all drivers in New Jersey. Its purpose is to pay for medical expenses or other costs for the driver or their passengers following an accident. It is awarded regardless of who is at fault in the accident. The minimum required is $15,000, but you can purchase up to $250,000 of PIP.