Auto insurance concerns put an end to RelayRides in New York

New York auto insurance

Car-sharing service shut down due to auto insurance regulations RelayRides, a popular car-sharing service, has announced that it will cease operations in New York due to auto insurance concerns. Car-sharing programs are becoming more popular as consumers grow more environmentally conscious and look to save money on transportation costs. These programs are typically used by those commuting to and from work, but New York regulators claim that RelayRides violates the state’s auto insurance laws, which could cause some significant problems for the company itself as well as the insurance companies…

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