How does New York compare to other states?
New York’s cost pressures consistently place it in a small group of high-cost auto insurance states, although the underlying drivers vary markedly depending on the jurisdiction. States such as Florida and Louisiana routinely report average annual personal auto insurance expenses of more than $2,000, driven largely by the frequency of litigation, severity of physical injury, and risk of fraud, rather than by no-fault medical systems. Michigan, historically the most expensive state with its unlimited personal injury protection system, has seen average premiums decline since reforms introduced in 2020, though costs remain well above the national average.
