"New York drivers now pay some of the highest auto insurance rates in the nation, nearly double the national average. According to Bankrate, full coverage costs an average of $4,031 per year in New York, compared to $2,679 nationwide. Minimum coverage averages $1,729 annually more than twice the national figure of $808. Premiums jumped another 13.5 percent in 2025, one of the largest increases in the country."
"For immigrant communities, where access to a car is frequently essential for earning a living, these costs are devastating. The Flushing Chinese Business Association represents hundreds of immigrant-owned, family-run businesses in Queens. Many rely on vehicles every day restaurants providing delivery, contractors traveling between job sites, and for-hire drivers working long hours. For these small business owners and workers, soaring insurance premiums aren't just concerning; they're unsustainable."
New York drivers face some of the nation's highest auto insurance costs, with full coverage averaging $4,031 annually versus $2,679 nationwide and minimum policies averaging $1,729 versus $808. Premiums rose 13.5 percent in 2025, among the largest increases nationally. In dense Queens and Brooklyn neighborhoods, annual premiums often top $4,500–$5,000. Immigrant-owned small businesses rely on vehicles for deliveries, contracting work, and for-hire driving, making insurance costs especially damaging. Organized staged-crash fraud in Queens has produced false claims and payouts, prompting insurers to raise rates and effectively imposing a regressive cost burden on small businesses and independent contractors.
Read at www.amny.com
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