Car insurance premiums in the United States are rising rapidly. Here’s why.

New Jersey lawmakers may repeat raising some auto insurance minimums after most bills in a reform package backed by Senate President Nicholas Scutari failed to advance this summer. Sen. Joe Lagana (D-Bergen) introduced a bill Monday that would require auto insurance policies to include at least $50,000 in personal injury coverage, up from $15,000 under…

Vera_Petrunina / Getty Images/iStockphoto You wish you never had to use it, but auto insurance is required in nearly every state. New Hampshire is the only exception to this rule, but drivers who opt out of cover are required to prove they have the funds to meet state financial requirements if they cause an accident….