From the busy streets of New York City to the quiet roads upstate, all New York drivers need an auto insurance policy. Now you can buy yours for less, with a free New York car insurance quote. It will allow you to compare rates from multiple companies all at once.
This way, you can ensure your financial responsibility and make sure you maintain required coverage at a lower overall price. You will be protected in the unlikely event of a road accident in which you’re involved.
Without an insurance policy, you will be reprimanded with the suspension of your drivers license and car registration. You can also be fined up to $1,500 for driving a car without securing an insurance policy. All this can be avoided simply by getting a free quote and buying the right car insurance policy.
Learn all that you need to know by reading our helpful guide to all aspects of New York car insurance. Find out what your requirements are, average rates in the state and best of all how getting free auto insurance quotes can help you save money on your policy.
Minimum Auto Insurance Requirements In New York
Like all states New York has imposed minimum liability insurance coverage requirements for all drivers in the state. At the current time you’ll need to get at least 25/50/10 coverage. What this means is that you have to get at least $25,000 coverage for bodily injury not resulting in death or $50,000 for bodily injury resulting in death for any one person in an accident; $50,000 bodily injury not resulting in death or $100,000 for any injuries resulting in death for two or more people; and $10,000 for property liability protection.
In addition to the basic liability requirements outlined above there are also a few other important requirements you must meet to get insurance coverage. New York is a no-fault state that requires you to buy Personal Injury Protection (PIP). This is used to “to pay medical expenses, lost earnings, and other reasonable and necessary expenses, for example household help and transportation to medical providers, for a driver or passenger injured in, or a pedestrian injured by, your car.” You are required to have at least $50,000 worth of protection.
Finally, New York drivers are also required to have Uninsured motorist coverage which is used to “to protect against the injuries you, your family or your passengers might suffer in a hit-and-run accident or in an accident with an uninsured vehicle.” At the current time the amount of coverage must be at least equal to the minimum bodily injury limits outlined in the liability coverage section above.
However, please be aware that all of this is the minimum amount of coverage, and you are highly recommended to get more than just the bare minimum. The New York State Insurance Department has a good list of additional New York auto insurance options you might want to consider. This include higher liability insurance coverage, collision coverage, comprehensive coverage and more.
New York State Auto Insurance Laws
You can learn more about the various New York state auto insurance laws from both the New York State Department of Motor Vehicles and the New York Department of Financial Services. They should be your first point of contact, if you have an issue with your car insurance coverage. Below are a few key points you’ll want to remember about getting and maintaining coverage in New York.
You must maintain the minimum coverage amount outlined above from an insurance company licensed to do business in the state. Failure to buy coverage from a licensed company will mean your policy is invalid. Moreover, the name on the vehicle registration and insurance policy must match.
You must always show proof of insurance when requested to do so by a law enforcement officer. Proof is in the form of an auto insurance card. When you buy a car insurance policy in New York State, your insurance company will give you two copies of your auto insurance card. One copy must be submitted to the DMV, and the other must be kept with the vehicle at all times.
Finally, you must always maintain your coverage and not allow it to lapse. If you are caught driving without proper insurance you can be fined up to $1,500, as well as have to pay an additional $750 to the DMV to get your license reinstated. If your insurance has lapsed you can reduce or even avoid penalties by voluntarily surrendering your vehicle plates to the DMV, until such time as you’re covered again.
New York Car Insurance Companies
There are many New York car insurance companies to choose from. The New York State Insurance Department has a list of auto insurer phone numbers you may wish to use. On the other hand the Insurance Information Institute lists member companies selling policies in the state. Here they are in alphabetical order.
The auto insurance companies listed above have been in business for many years and as a result have a proven track record. However, that record may be good or bad. You can find out how the companies rank by looking at the 2011 Annual Ranking of Automobile Insurance Complaints. It ranks companies based on the number of complaints they have, relative to the number of polices they issue.
If you ever have a problem with your insurer you should be aware that you can file your own complaint with Department of Financial Services.
Average New York Auto Insurance Rates
Although it should be straightforward, figuring what the average rate for New York auto insurance is difficult to determine. According to Carinsurance.com in 2011, the average quoted price for a policy online was $2,821.62 per year, almost double the national average. However, the Insurance Information Institute claims the average rate in New York in 2008 was only $1,044 per year, about 50% above the national average.
The difference between the two rates can be explained by a couple of factors. First, CarInsurance.com only deals with policies quoted online, which tend to come from younger and therefore more expensive drivers to insure. The Insurance Information Institute (III) on the other hand deals with all policies from both young and old drivers. Secondly, the CarInsurance.com rates are updated once a month, whereas the III numbers are now 3 years out of date.
You can also have a look at sample auto insurance price tables from the various licensed insurance companies for your county. This information is provided by the state Insurance Department.
New York Car Accident Statistics
New York, like virtually every other state, has seen it’s accident rate fall by virtually all measures in recent years. In 2009, it recorded 1,156 traffic fatalities which although still much too high, is half the number it recorded in 1990. A better measure to use is the number of traffic deaths per 100 million vehicle miles traveled (VMT). On this measure, New York state has just 0.87 per 100 million VMT, among the 10 lowest states in the nation.
Moreover, the DUI rate in New York is lower than the national average. In 2008, only 29% of fatalities were caused by drivers with a BAC above 0.08 (the legal maximum). The comparable national average is 32%. Therefore, while New York is not the safest state to drive in, it is among them. Still, it always better to have too much car insurance, rather than not enough.
Why You Should Get New York Car Insurance Quotes
You will need to remember some important things when shopping for New York Car insurance online. Once you have learned these tips by heart, it will be easier for you to secure low insurance premiums, without sacrificing the amount of coverage you are getting.
Look for affordable New York car insurance quotes by browsing through various comparison websites (like ours). Compare the insurance rates offered by various insurance agencies and choose the one that best suits your budget.
Although it is tempting to get the cheapest car insurance offered, you must not base your purchase on the price alone. Compare their terms and conditions before finalizing your purchase.
What processes will you need to go through if you need to file an insurance claim? What kinds of insurance policies do they offer? After answering these questions, it will be easier for you to determine whether their insurance policies are best for your needs.
Insurance comparison websites usually offer names of reputable insurance agencies that you can trust. Choose a company that offers cheap insurance premiums and make sure that you will be comfortable dealing with them. Take some time to browse through the reviews that have been written about the various insurance agencies; in order to find out more about what their previous clients think about them.
Now that you know more about the process of getting your car insured in New York, you can easily find the cheapest New York car insurance quote without sacrificing the amount of protection you need.