Your Liability Responsibilities
All NY drivers are required to carry a minimum amount of liability auto insurance. According to New York State's Department of Insurance, you must carry a minimum liability coverage of $25,000 per individual and up to $50,000 per accident in Bodily Injury coverage. Death coverage is required at $50,000/$100,000 limits. Property damage liability insurance in the amount of $10,000 is required as well.
The liability insurance you purchase must be through a credible NYS-authorized company that is licensed by the state's Department of Insurance. If you move to New York from out of state, you must update your insurance as soon as possible or it will not be accepted in New York. If there are multiple drivers in your family, the insurance must be purchased using the name of the actual vehicle registrant, not another driver. This name cannot be switched to another at any time.
New York car registrations and license plates are only issued after showing proof of liability coverage. So if you buy a new automobile, the first thing you'll need to do is buy car insurance coverage and obtain proof of your coverage. The auto insurance company will issue an insurance identification card that you can show to the DMV to register your vehicle. Keep this card in your vehicle at all times in case you get stopped by a highway patrol officer. You'll need to show it to the officer to prove your vehicle is insured.
Paying on Time
Buying NY car insurance initially isn't enough. You must keep it up to date by paying your insurance premium on time. If you fail to pay, your policy may lapse and cause your insurance to be invalid. New York insurance providers are required by law to notify the DMV if your coverage is canceled due to non-payment or even if your payment is late and reinstated after payment. It is a serious matter, and you could lose your automobile license plates/registration as well as your license if you don't maintain car insurance coverage.
Knowing these crucial facts as a new or experienced motorist will help you avoid potential legal problems when buying New York auto insurance. You can find affordable coverage from New York providers using online auto insurance quote forms here at Cheapautoinsuranceco.com and by doing a little research on each provider in your area. Online quotes are free and can give you a great starting point in comparing companies and what they offer. Compare with higher deductibles and be sure to check out discounts that might be available to you and family members. It's never been easier to buy auto insurance in New York City!
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