New York State
Insurance Department


ISSUED: 10/24/2001

FOR IMMEDIATE RELEASE

STATE OFFERS 2001 CONSUMER GUIDE TO AUTO INSURANCE
Guide Enables New Yorkers to Make Informed Decisions on Auto Insurance

            Governor George E. Pataki today announced that the 2001 Consumer Guide to Auto Insurance is now available. The 2001 Consumer Guide to Automobile Insurance explains all mandatory and optional coverage in New York State and offers practical cost-saving tips and key information about applying for coverage. The publication is free and available online for consumers to utilize as an important resource to get the most from their auto insurance dollar.

            "New York State has one of the largest, most competitive auto insurance markets in the country so trying to find the best automobile insurance company for your needs can be a complex task. It is more important than ever to be an educated consumer and utilize available resources to comparison shop," said Governor Pataki. "The Insurance Department’s Consumer Guide to Auto Insurance will help New York consumers be among the best informed when making decisions about automobile insurance."

            "It is important to know the facts when evaluating and choosing auto insurance coverage. The 2001 Guide provides sample premiums, practical tips, and information to help consumers understand the laws, regulations, and policies related to auto insurance in New York State," said State Insurance Superintendent Gregory V. Serio. "In New York, drivers have nearly 200 automobile insurance companies to choose from and these tools can help consumers select the company that is best for them."

            The Guide also contains lists of insurers, telephone numbers, sample rates for various territories throughout New York State and information about buying auto insurance on the Internet.

            Copies of the Consumer Guide can be obtained from the Department’s Web site at www.ins.state.ny.us or by calling 1-800-342-3736.


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