New York Auto Insurance
A minimum amount of liability New York auto insurance is required in the state of New York in order to legally drive. Liability auto insurance is insurance that protects third party drivers and covers their injuries and damages if you were found at fault for a car accident. Liability is divided into two sections; bodily injury liability and property damage liability.
- Property Damage Liability
Property damage liability cover damages to others property (usually their car) as a result of your driving. This coverage does not cover your car however, for that coverage you would need
comprehensive and collision coverage
. The minimum amount of property damage liability insurance is $10,000. you cannot have less then this amount, but you can have more, and it is recommended to purchase more in order to be fully protected.
- Bodily Injury Insurance
Bodily injury insurance covers injuries and medical expenses to third parties as a result of your driving. the minimum amount of bodily injury insurance is $25,000 per person, and $50,000 per accident. Just like property damage liability it is recommended to increase this amount to provide better coverage. If you were at fault for an accident, and the damages exceeded you amount for liability you would be responsible to pay the difference, so it is best to increase this amount.
- No Fault State
New York is known as a no fault state, Personal Injury Protection (PIP) insurance is also required. This insurance covers injuries to yourself, so in an accident, regardless who is at fault, everyone is covered.
- Uninsured Motorist Insurance
Lastly, you need to have uninsured motorist New York auto insurance. This covers you in the case that you are involved in an accident with a motorist who does not have insurance. Instead of you wasting your time and money, taking the uninsured motorist to court in order to collect for damages, your insurance company just covers you. Don't worry, the insurance company usually takes the uninsured to court, so they don't get a free ride from this.
New York auto insurance requires that you have bodily injury and property damage liability insurance, uninsured motorist insurance and is known as a no fault state. It is recommended that you raise the level of liability coverage from the state minimums in order to offer full protection in case of an accident. This will raise your insurance rates, but to determine the amount this will raise them, get a free online
New York car insurance quote.
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