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Kathy Hochul: “Florida implemented similar reforms just like I'm talking…”

Featuring: Kathy Hochul, Democratic | Governor of New York

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Governor Hochul Highlights Proposals to Bring Down Costs of Auto Insurance Rates and Tackle Fraud

Published | Video Starts at 14:24

And help them pay for their car repairs. But we want to insulate the personal injury system from abuse. Now, Florida had a similar problem. I don't usually model anything we do after Florida implemented similar reforms just like I'm talking about. Their insurance premiums went down 20% over the couple of years. And I want someone who's involved in an accident to be. I believe they're still entitled to fair compensation, but they should not be given a payday for millions of dollars for an accident they intentionally caused. (14:24–14:40)

CLAIM

Asserts that Florida's insurance premiums decreased by 20% after implementing similar reforms.

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