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.
Nuclear Verdicts Go Boom, Increase 40.7% in 2025 
Meta Agrees to Pay Up to $18 Billion Over Social Media Claims 
Buc-ee’s Faces Backlash in Ohio Over Logo Lawsuit with Mini Mart 
Willis Towers Watson Accuses Lockton of ‘Smash and Grab’ of Construction Team From This Issue
