Getting no fault insurance can vary a lot in price. I would recommend researching as much as you can about car insurance. For example, you can often opt for simply storage insurance coverage and pay as little as $20 per month.
You should be made aware of New York’s requirements for auto insurance. First, insurance coverage must be at least $25,000/50,000 for injury, $50,000/100,000 for death and $10,000 for property damage. New York is considered a no fault state. Remember, even if your car is not being used your insurance must remain in effect as long as it’s registration is valid. Motorcycles don’t have this requirement, as different insurance laws apply here. I would recommend looking into storage insurance if your car is only being used during the summer months.
You insurance carrier must be a New York insurance company. Using a an out-state company is not valid and your insurance will not be accepted is you are involved in accident. Upon receiving your insurance coverage your carrier is required to provide 2 insurance cards to you that will have a bar code strip on the back of it. You will need this when going to the DMV. The DMV will not accept any out of state insurance documents.
Finding an insurance company. This isn’t always an easy task to undertake. I would go with the one that you feel the most comfortable with. Response time to replace your vehicle should be important to you, if you happen to ever have to deal with that.
By: Frank Merrill
Posts Tagged ‘Insurance Coverage’
Getting Auto Insurance In NY – Where To Get It
February 4th, 2010Personal Auto Insurance In Mexico
January 26th, 2010
When the traveler drives into Mexico, he or she must ride over strange roads. Such a driver views new, distracting sites and seeks guidance from street signs that bear words in Spanish. The traveler driving into Mexico enters a country where he or she is at increased risk for involvement in a car accident. That traveler needs personal auto insurance.
In Mexico an insurance policy that offers only collision coverage does not satisfy the requirements of Mexican law. Mexican law stipulates that anyone found at fault at the scene of an accident must show the financial means to cover the costs of that accident. A traveler in Mexico thus needs an insurance policy that provides liability coverage.
What should a driver expect when an insurance provider promises personal insurance in Mexico? A driver with such insurance should have no liability for damages or injury to persons other than those in the insured vehicle. The insurance policy normally refers to such persons as “a third party.”
A few tricks can facilitate completion of the process that guarantees delivery of insurance coverage. One trick involves the taking of photos at the scene of an accident. A second trick calls requesting a copy of the police report. Use of tricks can help a driver to benefit fully from personal auto insurance purchased in Mexico.
When the traveler secures personal auto insurance in Mexico, he or she has taken an important step toward aversion of possible problems. Still the possession of such insurance does not guarantee avoidance of troubles in the event of a car accident. An insurance provider can not cover a claim, unless the driver contacts the insurance provider before returning to the United States.
A driver with a cell phone might think that he or she should have little trouble calling-in information about a potential car accident. Travelers in Mexico must realize that a cell phone frequently fails to work properly in Mexico. Calls from Mexico to an insurance provider should be made from a land phone.
Personal insurance in Mexico can not always cover a lost or stolen vehicle. Such a policy can only cover the specified problem if the driver obtains the proper Mexican documents. What are those documents?
A driver who hopes to be reimbursed for a lost or stolen vehicle must obtain both a local and federal police report before leaving Mexico. Then after returning to the United States, the same driver must get something called a “Courtesy Report.” That Report must come from a State Highway Patrol Agency. All of the indicated documents should be sent to the insurance provider.
By: Robert Mall
What Are The Auto Liability Insurance State Minimums For My State?
January 20th, 2010
As you shop online for the best auto insurance deals you may begin to ask yourself what exactly is required by law when it comes to auto insurance. Fortunately this article outlines the auto liability insurance state minimums that you are required to have in order to legally drive in the United States. No matter what state you drive in all of them have financial responsibility laws and require motorists to purchase minimum amounts of auto liability insurance except for Tennessee, Wisconsin and New Hampshire.
Many websites and advocates of insurance (to include myself) recommend having a minimum of $100,000 for bodily injury protection per person and at least $300,000 for property damage costs and physical injury costs. The main reason for this is due to the increased amount of money needed to rectify an accident is usually more then what the states declare as the minimum amount of insurance coverage needed.
I have compiled the following information from the American Insurance Association, the Property Casualty Insurers Association, and the Insurance Information Institute. It shows the auto liability insurance state minimums as required by each state. In order to understand the numbers you must know what the mean. The first two numbers are for bodily injury liability and the third number represents the minimum amount of property damage liability.
As an example my home state of Missouri shows the following – Missouri 25/50/10. This means Missouri requires as a minimum coverage up to $50,000 for all persons injured in an accident, subject to a limit of $25,000 for one individual, and $10,000 coverage for property damage.
Alabama 20/40/10 Alaska 50/100/25 Arizona 15/30/10 Arkansas 25/50/25
California 15/30/5 Colorado 25/50/15 Connecticut 20/40/10 Delaware 15/30/5
D.C. 25/50/10 Florida 10/20/10 Georgia 25/50/25 Hawaii 20/40/10
Idaho 25/50/15 Illinois 20/40/15 Indiana 25/50/10 Iowa 20/40/15
Kansas 25/50/10 Kentucky 25/50/10 Louisiana 10/20/10 Maine 50/100/25
Maryland 20/40/15 Massachusetts 20/40/5 Michigan 20/40/10 Minnesota 30/60/10
Mississippi 10/20/05 Missouri 25/50/10 Montana 25/50/10 Nebraska 25/50/25
Nevada 15/30/10 New Hampshire 25/50/25 New Jersey 15/30/5 New Mexico 25/50/10 New York 25/50/10 North Carolina 30/60/25 North Dakota 25/50/25 Ohio 12.5/25/7.5
Oklahoma 10/20/10 Oregon 25/50/10 Pennsylvania 15/30/5 Rhode Island 25/50/25
South Carolina 15/30/10 South Dakota 25/50/25 Tennessee 25/50/10 Texas 20/40/15
Utah 25/50/15 Vermont 25/50/10 Virginia 25/50/20 Washington 25/50/10
West Virginia 20/40/10 Wisconsin 25/50/10 Wyoming 25/50/20
Remember these figures only represent auto insurance liability state minimums. Many experts agree that more insurance is needed in order to fully protect yourself in the event you’re involved in an automobile accident.
By: Tim Gorman