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Posts Tagged ‘No-fault insurance’

New York Making No Fault Auto Insurance Changes To Reduce Fraud

December 6th, 09

The 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: auto insurance industry, No-fault insurance, auto insurance rates, insurance claim, insurance requirements, Types of insurance, car accident, auto insurance costs, Vehicle insurance, insurance premiums