New York Making No Fault Auto Insurance Changes To Reduce Fraud
December 6th, 09The number of no-fault insurance fraud cases have risen steadily in New York with 11,000 incidences reported already this year. Compared to last year this is a seven percent increase. The New York State Insurance Department is suggesting changes be made in required auto insurance coverage to hopefully eliminate the number of fraud cases. The changes will impact consumers in terms of the insurance requirements and the cost of auto insurance.
Tags: insurance premiums, No-fault insurance, auto insurance fraud, insurance claim, insurance requirements, car accident, Types of insurance, auto insurance industry, auto insurance rates
