Fraudulent Practice Cost NY Drivers Millions, Puts Strain on State and Local Governments
The Independent Democratic Conference today unveiled comprehensive legislation to fight the widespread and fraudulent practice of auto insurance evasion. This practice, where drivers illegally register their vehicles in other states in order to pay lower automobile insurance rates, drives up premiums for law-abiding drivers, robs the state and municipalities of millions of dollars in revenue, and makes enforcement of existing motor vehicle laws more difficult.
“This is no little white lie,” said Senator Diane Savino, (D-Staten Island/ Brooklyn). “ If you live here, but register your car out-of-state, you're not only committing fraud, you're also making things more expensive for your neighbors. With our legislation, the Independent Democratic Conference is looking to end this harmful practice and to help the millions of New Yorkers who play by the rules.”
Current law requires all drivers who live in New York State for more than 90 days to register their vehicle with the Department of Motor Vehicles.
The IDC additionally released a startling new report on this topic.