Information on Auto Insurance NY

Auto insurance in NY usually requires motorists to obtain three types of insurance as they have a no-fault auto insurance system. The three requirements are generally personal injury protection, liability insurance and uninsured motorist coverage.  NY auto insurance can sometimes be confusing, please refer to “New York Car Insurance Definitions”.

No Fault Auto Insurance System

New York is one of eleven states (see: car insurance by state) that has a no-fault auto insurance system. This typically means that the policyholder collects the money from a claim from the insurance provider that they have their policy through, no matter who is at fault for an auto accident. Auto insurance NY usually only allows motorists to file a lawsuit is the expense of the auto accident is greater than the amount of their coverage. However, they do usually allow lawsuits to be filed for pain and suffering as well as other financial hardships caused as a result of the car accidents.

Personal Injury Protections

This type of NY auto insurance coverage is usually needed before a motorist is able to register their vehicle with the state, which is a requirement. This insurance covers the driver, the passengers, and any pedestrians that may be hurt while you are driving.

Liability Insurance

Liability insurance is to cover bodily injuries to other people as well as any property damage that results from an auto accident. Even if your vehicle is not in use, auto insurance NY usually requires that liability insurance still cover the vehicle.

Uninsured Motorist Coverage

This coverage is for any bodily injury that is caused to the policyholder, passengers in the vehicle and their household if they are injured in an auto accident by someone who is not insured or as the result of a hit and run. The amounts of this auto insurance NY coverage are similar to the amount of coverage for your liability insurance.

Proof of Insurance

Drivers that are purchasing a new vehicle usually need to show their proof of insurance before they are able to purchase the car and register it with the state.