Know What's Required For New York Auto Insurance
The variety of requirements and different laws of each state for drivers who need to insure their vehicles can quickly become very confusing and frustrating. There is no exception to this fact when it concerns NY. Just like any other state, New York auto insurance also has a minimum coverage requirement in place that requires every motorist who drives a vehicle to carry.
NY is known as a `no-fault' state, and each motorist who chooses to drive in the state must carry this specific type of coverage. When a vehicle accident occurs, regardless of which driver was the fault of the wreck; this coverage pays the insured motorists medical expenses.
The specific minimum coverage amounts that any motorist in this state must carry with New York auto insurance would include $25,000 for bodily injury coverage of a single person, $50,000 for bodily injury of two or more individuals involved in an automobile accident, and $10,000 for property damage that may be acquired when a car wreck occurs. If a death is the result of an accident, the amounts are raised for the liability bodily injury coverage you must have, to $50,000/$100,000.
Obtaining New York auto insurance also requires that motorists carry personal injury protection (PIP), which is a coverage that helps with the expense of lost wages, medical costs, and other charges. Adding uninsured and underinsured motorist coverage is also required in this state, and it simply protects the insured in the event that an automobile accident were to occur.