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Why Have Auto Insurance Rates Gone Up Over The Last Few Years In New York State?

February 19, 2024

Car insurance rates have been going up at all insurance companies in New York State. We asked Jeff Ryan, owner of the Ryan Agency in Hornell, if that had anything to do with the fact that car theft has been happening more and more across the state. “The increase in auto and converter thefts has definitely impacted auto insurance rates,” Ryan said. “However the cost of vehicles, parts and the time it takes to get those parts has had a greater effect. Unfortunately right now it’s a crazy time for all companies in the auto insurance marketplace. It’s a good time to partner with your agent and consider appropriate deductibles and other strategies to help keep the costs down,” Ryan said.


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