Op-Ed | Rising Car Insurance Costs Are Crushing Businesses

Most New Yorkers don’t think twice about car insurance – until the renewal bill lands. But for small-business owners across the Downstate region, including New York City, Long Island, and the Northern suburbs, skyrocketing premiums have quietly created an economic crisis that is choking commercial activity.

The ability to move goods and people is the core engine of our regional economy. Whether it’s a Queens plumber, a Long Island landscaper, or a Brooklyn caterer, every local business relies on vehicles. When insurance costs surge, the entire regional supply chain is thrown into instability, threatening our neighborhood businesses and the jobs they provide… Read more.