| New York State is a no-fault state in terms of car | | | | Of course, if you don't own your car out-right, i.e., |
| insurance coverage. Simply put, this means your car | | | | you borrowed money from a lender to help pay for |
| insurance policy will cover you, and the other guy's | | | | it, you may have to purchase more car insurance |
| car insurance policy will cover him, regardless of who | | | | than the minimum. |
| was at fault for the damages. | | | | Despite the high costs of the minimum car insurance |
| You can purchase New York's minimum car insurance | | | | requirements, it is possible to get cheap car insurance |
| requirements just the same as you would in any | | | | in New York. Shop around with a few NY car |
| other state in America; however, New York's | | | | insurance companies (remember, drivers in New York |
| minimum car insurance coverage requirements are a | | | | must purchase car insurance from a company |
| bit more in-depth as far as coverage goes, and pricier | | | | licensed to do business in New York) and ask about |
| as far as costs go. | | | | what kinds of discounts they offer. Some discounts |
| The minimum car insurance coverage in New York is | | | | are pretty standard, such as those for good |
| as follows: | | | | students and multi-line policies; other discounts may |
| $10,000: Property damage liability | | | | be unique to that particular car insurance company. |
| $50,000: Basic, no-fault coverage | | | | You may also make changes on your own to your |
| Bodily injury liability: For injury, $25,000 per person | | | | car. Make sure it is up-to-date with safety features |
| and $50,000 per accident. For death, $50,000 per | | | | such as anti-theft alarm systems and reinforced |
| person, and $100,000 per accident. | | | | window. Child-proof locks aren't only safe, but |
| Uninsured motorist's coverage: For injury, $25,000 per | | | | impressive to car insurance companies. And instead |
| person and $50,000 per accident. For death, $50,000 | | | | of leaving your car in the side of the street, store it |
| per person, and $100,000 per accident. | | | | in a garage. |