Gov. Hochul outlines proposal to bring down auto insurance costs and fraudulent claims
Albany, News Release Feb. 11, 2026 – Governor Kathy Hochul today highlighted her proposals to bring down costs of auto insurance rates and tackle fraudulent claims across New York State. The Governor is taking common-sense steps to battle fraud, limit damages paid out to bad actors and ensure that consumers, not insurance companies, are prioritized. These proposals build on Governor Hochul’s ongoing efforts to make the state more affordable and put money back into the pockets of hardworking New Yorkers.
“For most people, car insurance isn’t a luxury — it’s a necessity, especially here on Long Island where people rely on their cars to get to work, get to school or even go grocery shopping,” Governor Hochul said. “These common sense proposals will crack down on the bad actors that are driving up the cost of car insurance and putting that financial burden on innocent, hardworking New Yorkers.”
New Yorkers pay some of the highest car insurance rates in the nation — totaling just over $4,000 annually on average, nearly $1,500 above the national average. Car insurance rates are driven up by a combination of fraud, litigation, legal loopholes, and enforcement gaps, with staged crashes and associated insurance fraud inflating everyone’s premiums by as much as $300 per year on average according to some estimates.
Cracking Down on Fraud To Lower Rates for Everyday New Yorkers
Increasingly sophisticated actors stage elaborate accidents, designed to allow for “jackpot” payouts from insurance companies or jury awards, and these scams are becoming more prevalent. In 2023, there were 1,729 staged crashes in New York State, which ranks second highest in the nation for incidents of staged fraud. In total, insurance carriers reported 43,811 incidents of suspected motor vehicle insurance fraud to the New York State Department of Financial Services (DFS) Insurance Frauds Bureau in 2025. This is up from 24,238 incidents of suspected motor vehicle insurance fraud from 2020, an 80 percent increase in five years.
To combat these organized criminal efforts, Governor Hochul is taking a whole-of-government approach to cracking down on auto insurance fraud, including: Read more »
Posted: February 14th, 2026 under Business News, Law Enforcement News, Political News, State Legislator News, Statewide News.
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The Peru Knights of Columbus express thanks to the many people who supported our February 8 breakfast. Many people attended despite the frigid temperatures. We definitely appreciate your many compliments. If you have ideas to make our breakfasts even better, don’t hesitate to make suggestions. Our next breakfast is on Sunday. March 8, served from 8:30 to Noon at St. Augustine’s Parish Center.