NEWS
CONSUMER ALERT: New Yorkers Warned About Staged Car Crashes Driving Up Auto Insurance Costs Statewide
NEW YORK – Citizens for Affordable Rates (CAR) today issued a consumer warning urging New York drivers to be vigilant against staged car crashes – criminal networks that are a major driver of the state’s skyrocketing auto insurance costs…
CONSUMER ALERT: New Yorkers Warned About Staged Car Crashes Driving Up Auto Insurance Costs Statewide
Citizens for Affordable Rates (CAR) today issued a consumer warning urging New York drivers to be vigilant against staged car crashes – criminal networks that are a major driver of the state’s skyrocketing auto insurance costs. The warning accompanies a new fact sheet detailing how these schemes operate and their impact on every driver’s wallet…
SOUTH ASIAN COMMUNITY ORGANIZATIONS DEMAND ACTION AS AUTO INSURANCE CRISIS PUSHES WORKING FAMILIES TO THE BREAKING POINT
As working families across New York struggle with soaring auto insurance costs that force them to choose between essentials, a coalition of South Asian community leaders is demanding immediate action from Governor Kathy Hochul and state lawmakers to address the affordability crisis…
SOUTH ASIAN COMMUNITY ORGANIZATIONS DEMAND ACTION AS AUTO INSURANCE CRISIS PUSHES WORKING FAMILIES TO THE BREAKING POINT
Citizens for Affordable Rates (CAR) announced six prominent South Asian organizations have joined its expanding movement, representing tens of thousands of immigrants and working families who can no longer afford to live, work, and thrive in the communities they have helped build…
South Asian Organizations Demand Governor Hochul Address the New York Auto Insurance Crisis
The groups, which represent tens of thousands of immigrant and working families across Brooklyn, Queens, and beyond, assert that soaring premiums are pushing low-income households to the “breaking point,” forcing them to choose between essential needs like groceries and mandatory car insurance…
South Asian organizations protest auto insurance crisis, demand immediate action from New York Governor
New York working families in New York are facing severe financial pressure due to the rising cost of auto insurance, forcing them to choose between basic necessities of life and car insurance…
How to stop fraud and high car insurance costs
If your car insurance cost has doubled or tripled, you're not alone. In New York State, the average annual cost is $4,031, while nationwide it's $2,400…
Governor touts success of “ghost plate” crackdown
…In the past few years, there has been a rise in the use of fraudulent license plates, also known as ghost plates, across the country to avoid cameras that are used to collect tolls without stopping the vehicle…
Working families in New York face extreme financial strain due to high car insurance costs
Working families in New York are deeply concerned about the high cost of car insurance. A new report released by Citizens for Affordable Rates, a consumer and advocacy organization, and the New York City Partnership, found that the average car insurance cost in New York is $4,131 per year, nearly double the national average.
NEW REPORT: FRAUD AND LEGAL ABUSE ARE DRIVING NEW YORK’S AUTO INSURANCE AFFORDABILITY CRISIS
Citizens for Affordable Rates (CAR) today responded to the Partnership for New York City’s new report, “Excessive Litigation Is Driving New York’s Affordability Crisis,” highlighting how legal system abuse and insurance fraud are fueling New York’s skyrocketing car insurance premiums…
Excessive Litigation Is Driving New York’s Affordability Crisis
New York is the most expensive city in America. A major contributing factor to the city’s affordability crisis is the prevalence and high cost of litigation…
‘Plate and Switch’: NYC Council investigation finds Bronx has biggest problem with out-of-state license plates and ‘ghost cars’
The NYC Council published a new report, “Plate and Switch,” on Thursday. The report found that vehicles with “ghost plates” are most prevalent in the Bronx and accrue more fines and serious traffic violations than other cars…
Tariffs, fraud and tort reform reshape transportation insurance landscape
In its latest report Amwins has outlined how economic, regulatory and legal factors are shaping insurance conditions across the sector…
NYC Mayor Adams Signs Bill Lowering For-Hire Vehicles’ Insurance Mandate
New York City Mayor Eric Adams has signed into law legislation reducing the auto insurance liability coverage that for-hire vehicles must carry…
LANDMARK INSURANCE REFORM SIGNED BY MAYOR ADAMS, PAVING WAY FOR LOWER COSTS FOR FOR-HIRE DRIVERS & PASSENGERS
Citizens for Affordable Rates (CAR) hailed the reform, which is expected to lower premiums, curb rampant fraud, and attract new insurers…
Opinion: A more affordable future for NYC’s for-hire drivers and passengers
Reducing the insurance burden on drivers of yellow taxis and for-hire vehicles will save them an average of $300 per year – real money for families living paycheck-to-paycheck…
LANDMARK INSURANCE REFORM SIGNED BY MAYOR ADAMS, PAVING WAY FOR LOWER COSTS FOR FOR-HIRE DRIVERS & PASSENGERS
In a major victory for New York City’s 74,000 for-hire vehicle (FHV) drivers and the millions of New Yorkers who rely on them, Mayor Eric Adams today signed into law legislation sponsored by Council Member Carmen De La Rosa…
☂️🚕 NYC Slashes TLC No-Fault Insurance Requirement from $200K to $100K
Although original City Council bill proposed reduction to state-mandated $50K PIP limit, cut from $200K to $100K should help disincentivize frivolous claims…
CITY COUNCIL PASSES LANDMARK INSURANCE REFORM BILL, PAVING WAY FOR LOWER COSTS FOR NYC’S FOR-HIRE DRIVERS & PASSENGERS
In a major victory for New York City’s for-hire vehicle (FHV) drivers and the millions of New Yorkers who rely on them…
NYC Council Passes Bill to Lower Insurance Limits for For-Hire Vehicles
With urging from a coalition of for-hire vehicle drivers and companies including Uber, the New York City Council voted to lower a for-hire vehicles’ insurance requirement in hopes of lowering premiums and disincentivizing fraud…