The non-profit's board voted to suspend service in November due to “increased insurance premiums and unsustainable financial obligations."  - Photo via Depositphotos.

The non-profit's board voted to suspend service in November due to “increased insurance premiums and unsustainable financial obligations." 

Photo via Depositphotos.

Albany, N.Y.,-based carsharing group Capital CarShare will suspend operations beginning Dec. 31, News10 reports.

The non-profit's board voted to suspend service in November due to “increased insurance premiums and unsustainable financial obligations." 

The board cited financial pressures from COVID-19 as an aggravating factor. 

Related: What’s Happening to Carsharing?

Read more about New York Carsharing COVID-19
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