
"A survey of 1,004 registered voters conducted by Beacon Research found that 86% support Gov. Kathy Hochul's proposed reforms to the state's auto insurance system, a sweeping plan aimed at cracking down on fraud and easing what many drivers describe as crushing premiums. The number is so lopsided it barely looks real. But here's the kicker: it holds across Democrats, Republicans, and independents alike."
"Full coverage in the Empire State averages north of $4,000 a year, nearly double the national average. Seventy-five percent say the cost is a financial burden on their household. And 60% believe fraud including staged crashes and inflated claims is common."
"The state recorded over 38,000 suspected incidents of auto insurance fraud in 2023 alone a number officials say tacks an extra $300 onto every New Yorker's annual premium. Organized crime rings staging crashes, shady medical providers padding claims contribute to this fraud tax."
New York voters demonstrate near-universal consensus that auto insurance rates are unacceptably high, with 86% supporting Governor Hochul's proposed reforms across all political affiliations. New York's full coverage averages over $4,000 annually, nearly double the national average. Three-quarters of voters believe rates exceed other states, 75% report financial burden, and 60% recognize fraud as common. Over 38,000 suspected fraud incidents in 2023 add approximately $300 to every resident's annual premium through staged crashes and inflated claims. Support for reform exceeds 80% among Democrats, Republicans, and independents statewide, reflecting widespread frustration with what drivers call a 'fraud tax' imposed by organized crime rings and fraudulent medical providers.
#auto-insurance-reform #new-york-insurance-rates #insurance-fraud #bipartisan-support #consumer-financial-burden
Read at www.amny.com
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