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Consumer Groups Flay High N.Y. Auto Insurance Rates

The groups, including the Consumer Federation of America (CFA), the New York Public Interest Research Group (NYPIRG), and Consumers Union, said that premiums paid by consumers for automobile coverage

By Phil Gusman | Updated on June 16, 2008

Consumer groups have criticized auto insurance rates in New York as excessive and have sent a letter to Gov. David Paterson asking him to take action to bring prices under control.

The groups, including the Consumer Federation of America (CFA), the New York Public Interest Research Group (NYPIRG), and Consumers Union, said that premiums paid by consumers for automobile coverage is excessively high relative to the amount of claims paid out by insurance companies.

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