Insurance laws and requirements can be complicated and vary from state to state. New York auto insurance is no exception to this statement. There are several different types of coverage that fall into the auto insurance category. Some of the coverage types are optional while others are required by state law.
Liability Coverage
Liability coverage is required in nearly every state. car insurance laws in New York require $25,000/$50,000/$10,000 in coverage. These amounts cover bodily injury liability per person/total bodily injury per accident/property damage per accident, respectively.
New York State is unique in that it requires double the bodily injury liability limits in the event the accident results in death, taking the limits to $50,000/$100,000.
Personal Injury Protection
Personal injury protection or PIP is required in NY, as well as several other states. It is an extended type of auto coverage that assists with medical costs and can cover lost wages and other miscellaneous charges.
Medical Coverage
New York is what is referred to as a "no-fault" state. All individuals that have auto insurance are required to have this coverage. This covers the insured's medical costs, regardless of fault. There is some controversy over this type of coverage as it is generally expensive and is thought to create redundant coverage when the insured also has regular medical insurance.
Uninsured/Underinsured Motorist Coverage
Uninsured/underinsured motorist coverage is optional in some states but, required in NY. This coverage will cover the insured, up to the limits they have purchased, if they are in an accident caused by another driver and that driver is not insured or does not have sufficient insurance to cover the full liability. Another common case that this type of insurance is helpful is in the event of a hit and run.
Other New York Car Insurance Requirements
New York State requires that auto insurance remain in effect while a vehicle is registered, regardless whether or not the vehicle is being used. If a vehicle is not being used, New York State requires that plates are returned to the state to cancel the registration.
New York auto insurance law requires that New York drivers have insurance in the state, out of state insurance is not acceptable. This state also requires that the insurance must be in the same name as the registered owner. Neglecting to follow this requirement will result in a lapse of insurance and the registration will be suspended; the owners?driver's license will also be suspended if the lapse exceeds 90 days.
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Monday, July 20, 2009
Monday, July 6, 2009
New York Car Insurance Offer Exceptional Service!
If you are an American native residing at the New York City, you do not have any reason to worry about where to purchase insurance quotes at affordable rates and conveniently. If you have decided to purchase New York auto insurance quotes, then you are not only at the right place but you are on time to receive an exceptional tune-up.CarInsurance.com is at your service and they are popular for providing strong, unfailing carriers.
Nonetheless, the buying decision is left to the careful scrutiny of the customers although it is best if they consider purchasing and selecting the best competitive corporation with their needs at heart. Receiving a quote is uncomplicated and you also have the chance to evaluate the rates from various companies so you recognize you are receiving a fine deal with the accurate coverage. The only way to accumulate on car insurance is to shop for car insurance at the market rate which could be better that the one in the past year.
New York car insurances are well stipulated on this state's law and it requires minimum Bodily Injury Liability limits of twenty-five thousand dollar per every injured person up to a totality of fifty thousand dollars for each accident, and Property Damage Liability coverage with a minimum perimeter of ten thousand dollars. This is what forms the New York coverage. This state makes payments of one's injury regardless of whether you are at fault or not up to a specified amount. On average, you misplace completely a number of your rights to bring a claim under a No-Fault system whose details vary from one state to the other.
New York state law requires a minimum Personal Injury Protection coverage of fifty thousand dollars on Personal Injury Protection. This in your coverage assists you to pay for reasonable and necessary medical expenses for you and your passengers. To facilitate protection adjacent to damages caused to you and your passengers by an uninsured driver, New York state law oblige a minimum Uninsured if you like Underinsured Motorist coverage, of twenty five thousand dollars for each person up to a total of fifty thousand for every accident for any bodily injury caused by the uninsured and/or underinsured driver.
The average New York car insurance premium for New York residents rates are not that bad though some people consider that the state and insurance companies fix the rates, so they by no means shop around for better rates later. You should however expect that different companies will set their rates differently too and it is up to you to go by the ones you can afford. You have to shop around to see if by doing so you have a cutback on your money or not. CarInsurance.com again will be of great assistance to you when finding the competitive rates and discounted prices available in New York. these price though must enable the average residents of New York to get a better-than-average low rate on their car insurance.
Rates also vary over the years and especially in a state like New York, if you are not cautious you could end up paying too much for your car insurance. Avoid wasting your money paying elevated insurance premiums; most of these New York car insurance sellers provide the low cost quotes and rates for all the states in America. To get a quote for another city or state, type in your zip code online and find out how much you can save.
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Nonetheless, the buying decision is left to the careful scrutiny of the customers although it is best if they consider purchasing and selecting the best competitive corporation with their needs at heart. Receiving a quote is uncomplicated and you also have the chance to evaluate the rates from various companies so you recognize you are receiving a fine deal with the accurate coverage. The only way to accumulate on car insurance is to shop for car insurance at the market rate which could be better that the one in the past year.
New York car insurances are well stipulated on this state's law and it requires minimum Bodily Injury Liability limits of twenty-five thousand dollar per every injured person up to a totality of fifty thousand dollars for each accident, and Property Damage Liability coverage with a minimum perimeter of ten thousand dollars. This is what forms the New York coverage. This state makes payments of one's injury regardless of whether you are at fault or not up to a specified amount. On average, you misplace completely a number of your rights to bring a claim under a No-Fault system whose details vary from one state to the other.
New York state law requires a minimum Personal Injury Protection coverage of fifty thousand dollars on Personal Injury Protection. This in your coverage assists you to pay for reasonable and necessary medical expenses for you and your passengers. To facilitate protection adjacent to damages caused to you and your passengers by an uninsured driver, New York state law oblige a minimum Uninsured if you like Underinsured Motorist coverage, of twenty five thousand dollars for each person up to a total of fifty thousand for every accident for any bodily injury caused by the uninsured and/or underinsured driver.
The average New York car insurance premium for New York residents rates are not that bad though some people consider that the state and insurance companies fix the rates, so they by no means shop around for better rates later. You should however expect that different companies will set their rates differently too and it is up to you to go by the ones you can afford. You have to shop around to see if by doing so you have a cutback on your money or not. CarInsurance.com again will be of great assistance to you when finding the competitive rates and discounted prices available in New York. these price though must enable the average residents of New York to get a better-than-average low rate on their car insurance.
Rates also vary over the years and especially in a state like New York, if you are not cautious you could end up paying too much for your car insurance. Avoid wasting your money paying elevated insurance premiums; most of these New York car insurance sellers provide the low cost quotes and rates for all the states in America. To get a quote for another city or state, type in your zip code online and find out how much you can save.
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