New York winters drop tons of snow on Buffalo and many of the other northern cities every year. Combined with the brutal traffic that drivers face as they commute to and from work in New York City and the surrounding areas and there’s no question as to why the state requires that all motorists maintain excellent car insurance coverage at all times. To help ease the stress that can be involved in finding low cost car insurance online, CarInsuranceQuotes.com has partnered with reputable companies to help our customers find low cost insurance from companies they can depend on when they need them the most.
New York Car Insurance Minimums
Unlike much of the country, New York is a no-fault state. The no-fault policy was put into effect to help keep insurance costs at a minimum and reduce the number of vehicle-related lawsuits that are filed every year. Because of the no-fault policy, every New York motorist is required to obtain Personal Injury Protection (PIP) that covers the insured driver’s medical expenses, lost wages and funeral expenses regardless of who was at fault in the accident.
There are exceptions to the no-fault policy for the state of New York, however. If the cost of medical expenses exceeds a certain dollar amount or if the accident was found to be too severe, then the driver responsible for the accident will be held liable for the damages. Therefore, every New Yorker is also required to have a minimum liability policy for their vehicle as well. The minimum requirement for the state of New York is 25/50/10 to cover bodily injury and property damages.
- Bodily Injury Liability- Covers damages to the other driver and their passengers when the insured driver is found to be at-fault in an accident. Under the minimum coverage, the insurance will pay $25,000 to a single person and up to a maximum of $50,000 for multiple persons involved in the accident.
- Property Damage Liability- In the event that the other person’s vehicle, public property such as traffic lights and road signs, or private property such as a person’s home is damaged in an accident, a minimum property damage liability policy will pay a maximum of $10,000 for repairs.
With the rising costs of medical treatment and repairs, the minimum coverage required by the state of New York will likely be insufficient to cover the expenses, leaving the insured person covering the rest out of pocket. For this reason, the state of New York strongly recommends that all motorists purchase liability coverage for their vehicles that exceeds the required minimums as well as Comprehensive and Collision insurance to cover damages to their vehicle if they were at fault or the vehicle was damaged by natural events or wildlife.
Even though New York law requires that all motorists have the minimum insurance for their vehicle, many motorists fail to obey these laws. For this reason alone, it is easy to see why New York requires that their motorists also obtain Uninsured Motorist protection for their vehicles. Uninsured Motorist protection pays for damages to the insured’s vehicle if the other driver’s insurance is insufficient or the vehicle is damaged during a hit and run.
Shopping for car insurance can be time consuming and many people don’t think there is much of price difference between companies in the first place and therefore makes the mistake of going with the first company they find. CarInsuranceQuotes.com understands that no one wants to spend hours on the computer comparing car insurance quotes . That is why CarInsuranceQuotes.com has streamlined the process for our customers. After entering their Zip code and answering some general questions about their driving history, CarInsuranceQuotes.com will find multiple low cost New York car insurance quotes in a matter of moments; allowing our customers to choose the car insurance policy that fits their needs and their budget.