Auto Insurance in New York
New York has some of the most well-known locations, buildings, and symbols in the US, and this makes the state incredibly attractive to tourists. But native New Yorkers get to enjoy those places every day. As great as New York is, New Yorkers do face tough winters, possible hurricanes, and other conditions that make insurance important. Also, in New York, it’s against the law to drive without auto insurance.
Auto insurance rates in New York can vary more than you might think from one insurance company to another. That’s where Auto Insurance Specialists can help!
Try our simple form for an AIS Instant Quote®. This quote will be a range of our auto insurance partners' rates for the coverage you select and you can pick the price you like.
Required Auto Insurance Coverage in New York
Nearly all US states require a certain amount of car insurance, and New York is no exception. All registered NY drivers must carry liability insurance. Liability insurance will only cover the other people and cars involved in an accident for which you were at fault for, up to your purchased limit amounts. Liability insurance will not cover your own damages or injuries. But New York is one of the states that require its drivers to have uninsured/underinsured motorist coverage. This insurance would pay for bodily injury to you and your passengers should the at-fault driver not have enough insurance or any insurance at all.
State Minimum Coverage in New York:
- BI or Bodily Injury: $25,000 per person and $50,000 total per accident; $50,000 per person for death, $100,000 total per accident
- PD or Property Damage: $10,000 per accident
- Uninsured/Underinsured Motorist: $25,000 per person and $50,000 per accident
To learn more about specific auto insurance coverage, visit our Car Insurance Coverage page.
Optional Coverage in New York to Consider
Most states have laws in place that require drivers to have insurance, but the minimum requirements may not be enough. You should seriously evaluate additional coverage options, as driving with insufficient insurance could cost you.
Below are some examples you may want to consider:
- Collision Coverage - If you are involved in an accident with another vehicle, collision coverage would help pay for the damages to your own car, minus your deductible. Following a collision, the national average repair costs are $2,935! Without collision coverage, you may have to foot that bill yourself.
- Comprehensive Coverage - Car damage can come in many forms – not all from other vehicles. And while New York tends to be somewhat safer than other states when it comes to natural disasters, don’t forget about vandalism and theft. Fire, snow, ice storms, hail, and other issues could damage your car and cost you. With comprehensive coverage, most non-collision damage to your vehicle would be covered.
- Higher Bodily Injury Limits - For an accident that resulted in injuries, the costs can add up… fast. That minimum BI insurance may not be enough to cover the medical bills, especially from a serious accident. If you consider a higher BI limit, you may not have to worry about those bills piling up on you.
- Higher Property Damage Limits - The property damage minimum in New York is $10,000, but that figure may not be enough. After car repairs, you may be responsible to pay for other property damage such as light poles, buildings, fences, or other property. Depending on the severity of the accident, that minimum amount could be quickly exhausted, and the remainder would be your responsibility to pay for out of pocket.
These levels and types of coverage aren’t required by the state of New York, but it may be wise for you to consider them for your policy. And because auto insurance needs vary from person to person, consulting a licensed specialist at Auto Insurance Specialists can help you determine the right coverage for you.
New York is a No-Fault State
Determining who is at fault for an accident can involve long and costly court battles. To minimize the need for litigation, some states have adopted a “no-fault” system – meaning regardless of who was at fault, your insurance company will pay for your damages in a timely fashion after an accident. New York is one of the few states that have adopted this policy.
We understand the law is complicated, and that’s why we highly recommend that you call us. Our experienced specialists will help you better understand your options as a New York driver and help you evaluate your personal car insurance needs.
New York Auto Insurance Discounts
Taking advantage of auto insurance discounts could make a significant difference in your insurance rates – but only if you’re aware of which discounts you qualify for. We can walk you through the many discounts available to New Yorkers, and let you know which are the best for you.
Examples of these discounts may include:
- Safe Driver
- Good student
- Accident free
- And more…
To learn more about specific discounts, visit our Discounts page.
Who can resist a state whose namesake city has crazy-good hot dogs and tasty pizza on every corner? Still, residents must be prepared for the unexpected, and protect themselves from potential risk and damages that could be very costly. Getting a great auto insurance rate on your own could take time, and requires knowledge. AIS can be your source for reliable information and provide comparison rate quotes all in one call!
Give us a call to answer your questions, provide comparison rate quotes, or help you choose your best auto insurance policy.
Start a New York Insurance Quote Today: (888) 772-4247