Statement from Ted Walsh, Big I NY Chair of the Board:
Today is a great day for New York auto insurance policyholders and independent insurance agents, We're thrilled to share that Governor Kathy Hochul signed into law Big I New York's "Auto Insurance Consumer Relief Act,
" a measure supported by both consumers and the insurance community. The bill allows insurance companies to waive pre-insurance photo inspections beginning on May 15th, 2024, until October 1st, 2027.
For too long, the photo inspection mandate has been a burden and an inconvenience for hard-working New Yorkers. Modern solutions for combatting fraud have made the regulation unnecessary and obsolete. On behalf of policyholders across New York, I applaud Governor Kathy Hochul, Senator Breslin, and Assemblyman Zebrowski for championing this crucial pro-consumer modernization bill.
Please join our Big I NY community on Monday at 4 pm for the happiest of virtual happy hours - as we join for a quick toast to this significant achievement.
As always, Big I New York is proud to have your back.