New York Auto Insurance

It is probably time for you to sit down and ask yourself if you know everything there is to know about your New York Auto Insurance. Knowing the very basics of car insurance can definitely do you good in the long run. To help you recap on the basics, here are the five facts that you should know.

One: In terms of monetary coverage, you should know that the State of New York requires certain minimums that you should have. In general, you are mandated to have an insurance coverage the minute you purchase a vehicle. It states that you should have a minimum of $25,000 for unforeseen bodily injury whether it is injury or death, and the same minimum for uninsured and underinsured motorist. A maximum of $50,000 is also require by law per accident, personal injury protection, and should answer for motorists that do not have insurance or is deemed to be underinsured. Most insurance coverage should have $10,000 coverage in case of property damage per accident.

Two: It is good to know that you have the choice of extending your auto insurance coverage in order to cover other aspects that you might have looked over. These instances could be anything from car theft, vandalism, and acts of God which should be covered by a comprehensive insurance addition. Take note that insurance in New York follows the “No Fault” policy which states that the specified limit coverage for accidents must be paid by your personal insurance provider regardless of who is at fault in any given accident.


Three: You may consider insurance premiums to be expensive, but know that there are ways to go around this. It is possible for you to acquire a cheaper premium for New York Auto Insurance you have not misbehaved in a span of three years. This means that there has to be no record of accidents or coverage pay outs in your policy. Discounts are also given to those that are able to duly attend defensive driving seminars as well as students who have good grades since it is the norm that good grades usually means they are safe drivers.

Four: Discounts are not only given to those that have clean records, but to those that also have cars that are deemed to be safe. New cars of today are considered to be safe because of the features they come with when you purchase one for yourself. If your car has added features like reliable air bags, daytime running lights, and anti-lock breaking systems then you could apply for cheaper premiums as well.

Five: It doesn’t come as a surprise that New York auto insurance can be quite confusing at times. This is why you need to consult with a professional broker who is knowledgeable with this specific insurance. It would be good to know that this broker has had some experience in the field so that estimates and quotations can be arranged immediately.