""We want to do something that makes sense and that benefits people," said state Senate Deputy Majority Leader Mike Gianaris, summarizing the prevailing vibe in the Capitol. "If you can go home and say, 'I did this, and it's going to lower your insurance rates,' people will be very happy. [But] I don't see in the proposals that have happened that that's where we are.""
"The governor argues that prices will go down if the state chips away at the rights of crash victims to sue for damages. That includes narrowing the state's definition of 'serious injury,' which entitles victims to seek damages after no-fault insurance's $50,000 in coverage is exhausted."
Lawmakers across New York State express skepticism regarding Gov. Hochul's car insurance reform proposal. They question whether the promised savings of $25 a month for motorists will materialize without compromising the legal rights of crash victims. The governor's plan includes narrowing the definition of 'serious injury,' which affects victims' ability to sue for damages beyond no-fault insurance coverage. Critics argue that the proposals do not convincingly demonstrate benefits for the public, leading to a lack of support among legislators.
#car-insurance-reform #new-york-state #legislative-skepticism #crash-victims-rights #auto-insurance-rates
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