Are you a New York resident looking for a New York Auto Insurance? Do you know that there are laws regarding car insurance. New York drivers by law, require $25,000 and $50,000 for personal injury coverage. They also require $50,000 to $100,000 for death in an accident as well as $10,000 for property damage caused by the accident. You will need these coverages as long as the vehicle registration is valid.
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.
A no fault state, New York, this means when in a car accident, you do not have to wait for litigation to get medical expenses, incidental cost, or lost wages. They can received them without waiting for them. It doe not matter who is at fault.
The insurance company is required to pay up to $50,000 for losses, regardless of who is at fault. There are time constraints to file for these claims. This should be filed within 30 days and special forms are required to file the claims.
To get reimbursed, all required forms will be filed, with evidence of the accident. Such as police reports, proof of lose of earnings. The insurance companies want to be sure this is a legitimate filing, not a fraud. All the proof will be checked as the employers and physicians will be contacted regarding the filing.
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