While mandatory automobile insurance coverage requirements vary across the country, New York has its own set of established coverage minimums that must be adhered to. Knowing what you must have when you sign up for car insurance in your area will give you a good head start in putting together the most comprehensive coverage.
First up is bodily injury and property damage limits. The state of New York requires a minimum of $25,000 per person for bodily injury, $50,000 for two or more people that have been injured in one single accident, and $15,000 towards property damage as a result of an accident. These are the minimums but you may want to increase your coverage accordingly.
Uninsured and or underinsured motorist coverage is optional in many states but it is mandatory in New York. This coverage includes payment for medical expenses, damages and lost income to you or other household … Click here to read more