The big apple is going to take a big chunk more from high-risk drivers. Recent rate filings explain that more than 90,000 NYC drivers who have been determined to be high-risk drivers and therefore are enrolled in  the New York Automobile Insurance Plan (NYAIP) can anticipate an increase in their rates come this June.

The purpose of the NYAIP is to insurance drivers who have no other insurance company to turn to as they have been denied coverage during auto insurance comparisons, and have been determined has having too many tickets or accidents. Those who used NYAIP already pay a higher rate when compared to others; however it is going to increase starting in June, up 21.4 percent. The last increase for this state-run program coverage was a year ago, having increased by 15 percent, (New York Raising Insurance Rates for High-Risk Drivers, Ben Zitney, Online Auto Insurance,

http://news.onlineautoinsurance.com/rates/new-york-high-risk-car-insurance-rates-96768).

This means that the average premium will now be $2,283 increasing on average by $403 a driver.

The reason for the increase is due to looking at the losses during the years of 2007-2009. However, fewer and fewer drivers are enrolled in the program as there has been a 50 percent drop of policy holders from 2006 to the present.