Cheap Car Insurance in New York
New York is the third largest state in the country. Purchasing car insurance in The Empire State is easy as drivers have dozens of companies to choose from. But before you tackle the process of buying cheap car insurance in New York, you need to know the amount and type of insurance you need.
New York Auto Insurance Minimum Requirements
The minimum requirements by law in New York for auto insurance is that all registered vehicles carry minimum coverage of $25,000 per person and $50,000 per accident ($25,000/$50,000) for injury, $50,000/$100,000 death, and a minimum of $10,000 for property damage.
Liability coverage must remain in effect on the vehicle as long as it is registered. And if car insurance lapses anytime, then the vehicle plates on that vehicle must be turned in. Minimum limit policies should only be considered if your assets do not exceed the minimum coverage amounts. Most drivers should purchase optional higher limits for more complete protection.
Cheap car insurance in New York can be obtained as long as the insurer is licensed to provide insurance in that state. If an out of state agency isn’t licensed to provide proper car insurance in New York then that insurance is invalid. Invalid insurance could result in suspended license and registration of the vehicle.
Before buying a policy, make sure your company is licensed as an insurer with the state and has the financial strength to pay claims.
Insuring Your Teen Driver
In the state of New York, auto insurance has to be in the same name as the one that the car is registered to. This could hamper some parents with teenagers who are at driving age. Insurance cards with the teenagers names printed on them is a must in order for this to be feasible.
No matter what type of policy you need, compare and shop around with different companies before you decide to purchase. Some companies may entice you with a low liability rate but then have higher rates for other types of coverage such as collision, comprehensive, uninsured motorist, and personal injury protection. These are important types of coverage. Be sure to map out ahead of time the type and amount of coverage you want to buy.
Also, when making a decision on the deductible amount, be sure you have the resources set aside to pay it should an accident ever occur. The deductible must be paid first before the car insurance handles the rest.
How to Find Cheap New York Car Insurance
The best way to compare price quotes is right here on DiscountCarInsuranceQuotes.net. Simply enter your zip code, and numerous car insurance companies can provide you with free rate quotes and compete for your business. Geico, Progressive, and Allstate are just a few of the companies that may offer you savings of up to $500 per year.