New York Insurance most expensive
New York, the second to pay auto insurance for the nation, on average, while New Jersey residents pay the highest consumer group said today.
The consumer organization, the New York Public Interest Research Group, said that sharp differences between what motorists in New York City and in other parts of the state to pay for the same scope.
Brooklyn, the highest in the state, an average of $ 3304 per year, while Rochester has the lowest average price for an urban area, $ 635.
”Our findings document the New York suspected for a long time,’’said Blair Horner of the research group. You can payer”l’un of higher auto insurance premiums in the nation. Our results also show that the insurance industry has clearly benefited from the increase in premiums for New York-pilot.”
But a spokesman for the insurance industry automobile, higher prices are justified by the high cost of the activity in New York.
Mary Griffin, Assistant Vice President of the American Insurance Association, said industry greater profitability is the result of the strong performance of their investments on Wall Street, not by premiums, it is a consumer.
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