New Yorkers face some of the highest auto insurance costs in the country. Skyrocketing insurance rates are driven by widespread fraud and the exploitation of outdated legal loopholes by bad actors. These unnecessary costs impact all New Yorkers, increasing prices for goods and services across the state. Governor Hochul has proposed a commonsense reform plan to fight fraud, close these costly loopholes, and modernize insurance rules. It’s time to prioritize New York families and make our state more affordable.
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