New Minimum State Requirements For A New York Auto Insurance Quote

By Lisa Olsen Posted in Car Insurance News



Minimum requirements for auto insurance are determined on a state by state basis by the legislature of each state, so if you have recently moved to New York you might discover that your policy is no longer enough for New York’s requirements. This article will outline New York’s minimum state requirements and provide some tips for finding the right policy in the Empire State.

New York Laws

New York state law requires that auto insurance policies cover a minimum bodily injury liability of $25,000 per injured person and at least $50,000 of personal injury coverage per accident. This covers the medical bills of anyone injured by the policy-holder in an accident. Insurance policies in New York must also cover up to $10,000 in property damage and $50,000 in personal injury protection. Property damage covers the costs to repair and replace the other vehicle in accidents where the policyholder is at fault. Personal injury protection covers the medical costs of injuries to the policyholder and/or his or her passengers. New York also requires uninsured motorist coverage of $25,000 per person or $50,000 per accident. This covers the policyholder in cases when they are involved in an accident where the other driver is at fault and also uninsured.

New York state law requires more coverage than many states, and the average auto insurance premium for New Yorkers is significantly higher than the national average. But it is important to identify your individual insurance needs and to shop around, because different plans and different companies can vary widely in price. For example, motorists who can afford more than the minimum coverage may be well-advised to purchase it because any injury or property damage that exceeds their policy’s coverage will become their liability. Another example might be motorists who have excellent health insurance not needing any more than the minimum of personal injury coverage. Why pay for the same thing twice?

Related posts:

  1. New Minimum State Requirements For New York Auto Insurance Quotes
  2. What Is The Minimum Amount Of Auto Insurance By State?
  3. What Are The Minimum State California Auto Insurance Laws?
  4. What Are The Best Liability Coverage Limits?
  5. New Minimum Arkansas State Requirements For Little Rock Car Insurance






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