The New York State Insurance Department has approved an average 5.6 percent decrease in auto insurance premiums for drivers in New York’s Automobile Insurance Plan (AIP), also known as the assigned risk plan.
The new AIP rate schedule goes into effect on Jan. 15 for new business and March 1 for renewal business. It represents approximately $28 million in savings.
Topics New York
Was this article valuable?
Here are more articles you may enjoy.
Grand Jury Declines to Indict Man in Fatal Shooting at Kentucky State University 
Cloudy Future for Bourbon Has Jim Beam Closing Distillery for a Year 
Judge Green Lights New York’s Driver’s License Law, Rejecting Trump Challenge 
Senators Launch Probe Into Demotech’s Ratings in Florida From This Issue
