03.07.2026 New York needs to pop the hood on car insurance rates
In the last five years, instances of suspected auto insurance fraud in New York skyrocketed — increasing more than 80% to a staggering 43,811 incidents in 2025 alone.
At the same time, Long Island's average annual auto insurance premium also rose more than 80% since 2019 in some areas, reaching nearly $5,000 in communities like Inwood and Valley Stream, a Newsday Opinion analysis showed. New Yorkers pay $341 per month for full auto coverage — 52% higher than the national average, according to an analysis from Bankrate.