The New York Auto Insurance by law requires minimum coverage of $25,000 and $50,000 for personal injury. And it requires $50,000 and $100,000 for death and $10,000 for property damages caused by the car accident. As long as your driver license or vehicle registration is valid, this law goes into affect and you have to have sufficient coverage.
Liability coverage must be New York State insurance coverage by a company authorized to do business in this state and licensed by the insurance department of New York State. If the auto is registered in this state, it must have New York State insurance coverage. There are no exceptions, and a registrant must have the liability coverage in that registered name. Should there be a lapse in insurance coverage, due to a name change, for instance, the driver's license of that registration and the registration itself is suspended.
To apply for vehicle registration in New York, an insurance identification card must be provided. The card must have the registrants name with bar code and must match the registration application. Otherwise you will not be granted a vehicle registration.
New York State is a "no fault" State. This means that when there is an automobile accident, that those needing medical expenses, incidental costs, or even lost earnings, can receive them without having to wait on litigation. Who is to blame does not enter into this whatsoever.
In essence, an insurance company is required to pay the drivers, passengers and pedestrians involved in the accident up to $50,000.00 for their legitimate losses. There are serious time constraints regarding the ability to file claim for this, usually restricted to only 30 days and special forms are needed.
All forms, etc. will be filed with the carrier of the car you were in. Police reports will provide you with the other person's insurance company, in case you have an uncooperative driver, and you were a pedestrian. Proof is required for things like loss of earnings, and disability. Your employer will be contacted, as may your physician. New York auto insurance is simpler than some states, much to the relief of New York State residents.
Liability coverage must be New York State insurance coverage by a company authorized to do business in this state and licensed by the insurance department of New York State. If the auto is registered in this state, it must have New York State insurance coverage. There are no exceptions, and a registrant must have the liability coverage in that registered name. Should there be a lapse in insurance coverage, due to a name change, for instance, the driver's license of that registration and the registration itself is suspended.
To apply for vehicle registration in New York, an insurance identification card must be provided. The card must have the registrants name with bar code and must match the registration application. Otherwise you will not be granted a vehicle registration.
New York State is a "no fault" State. This means that when there is an automobile accident, that those needing medical expenses, incidental costs, or even lost earnings, can receive them without having to wait on litigation. Who is to blame does not enter into this whatsoever.
In essence, an insurance company is required to pay the drivers, passengers and pedestrians involved in the accident up to $50,000.00 for their legitimate losses. There are serious time constraints regarding the ability to file claim for this, usually restricted to only 30 days and special forms are needed.
All forms, etc. will be filed with the carrier of the car you were in. Police reports will provide you with the other person's insurance company, in case you have an uncooperative driver, and you were a pedestrian. Proof is required for things like loss of earnings, and disability. Your employer will be contacted, as may your physician. New York auto insurance is simpler than some states, much to the relief of New York State residents.
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