Why New York Trucking Insurance Cost so Much: The No- Fault Law, Explained

"Why is my truck insurance so much higher than a buddy's in another state?" It's not your broker padding the bill — it's structural. New York's no-fault law, its $50K PIP mandate, and a plaintiff-friendly court system push premiums up across the whole state. Here's what's really driving your rate, and the one piece you can control.