01.13.2026 Broad, Diverse Coalition Applauds Gov. Hochul’s Bold Plan to Deliver Auto Insurance Relief for New Yorkers
ALBANY – Today, a broad coalition led by Citizens for Affordable Rates (CAR) – including consumer advocates, industry experts, and small business leaders – applauded Governor Kathy Hochul’s bold proposals to lower New York’s skyrocketing auto insurance premiums. The Governor’s plan tackles the biggest cost drivers head on by closing loopholes exploited by bad actors, strengthening fraud enforcement, updating outdated legal standards, and modernizing liability rules that have fueled higher car insurance premiums for years.
New York drivers pay some of the highest auto insurance rates in the nation – nearly double the national average. Bankrate estimates full coverage costs $4,031 annually in New York compared to $2,679 nationwide, while minimum coverage averages $1,729 versus $808 nationally. Compounding the burden, drivers faced a 13.5 percent premium increase in 2025, the fourth-highest in the country.