What You Should Know About New York Car Insurance

If you own a car in New York City, then you know that it can be quite costly. Some of the high costs that are associated with car ownership in New York City include parking fees as well as registration fees. Some of the ways that people try to avoid these expenses is by using public transportation or by trying to drive their cars without insurance. Driving in New York without insurance coverage is illegal. New York has minimum insurance requirements, as do many other large cities. Car Insurance New York.

One of the first requirements that New York drivers should be aware of is known as personal injury protection. This coverage is a requirement in order for a car to be registered in New York. Personal injury protection will help to pay for medical and loss of earning expenses for any person that is involved in an accident. The minimum coverage is $50,000, per each passenger, pedestrian or the driver of the vehicle. PIP will pay out in the event of an accident. New York State also requires liability insurance. Liability will help assist the driver to pay for any damages to the property of the other party, in the event of an accident. New York drivers are also required to have coverage for uninsured drivers. This type of coverage will protect the driver in the event that they are in an accident with another person that has either no coverage or insufficient coverage.



New York is one of the states that are known as a no fault state. Drivers are required to carry no fault insurance as part of their car insurance policy. This coverage helps to ensure that drivers who are injured are able to get back to their normal lives as quickly as they can. Lawsuits can only be filed in the event that the accident exceeds the financial limits as outlined in the policy or for certain damages that are not financial. One example of damages that are not considered financial would be pain and suffering that may be claimed after a serious injury has occurred due to an automobile accident. Car Insurance New York.

One thing that is not covered by no fault insurance is the damage to the vehicles that are involved in an accident. To ensure that their vehicle is covered, the driver should also pay for collision insurance. Not only will collision insurance cover their vehicle in the event of an accident, but will also provide coverage for theft, wind damage, fire, glass coverage, and other damages.

When considering a change to your current policy, the best place to start is with your insurance agent. If you have multiple policies, including auto and renters or homeowners, you may be able to get a discount from them. It is worth your time to do some comparison shopping and find the best deal around.