Why does insurance for car carriers cost so much?

This story from capitol news nine is a good example.

 

ALBANY, N.Y. — An Albany teen is facing charges after police said he stole a car from a car carrier, then crashed it into a parked van.

Anthony Colon, 17, was arrested Tuesday night and charged with third-degree grand larceny and second-degree criminal mischief, along with vehicle and traffic violations.

Police said the incident started in the parking lot of 935 Central Avenue. A tractor-trailer car carrier pulled into the lot to unload vehicles to be delivered to a nearby car dealership.

One of the employees witness Colon get into a 2004 Nissan Sentra, which had just been taken off the carrier, and drive of westbound on Central Avenue. The employee called 911 and reported the incident.

Moments later, two Albany police officers spotted the stolen car speeding down Clinton Avenue. They turned their patrol car around to try and catch up to the car, but it had already crashed into a parked van and a fence at the intersection.

Colon was taken into custody without incident. He was arraigned in Albany City Criminal Court and sent to Albany County Jail.

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