Insurance Laws In New York

Accident News | October 21, 2019

New York, like every other state, has insurance laws. These laws are there to protect both you and other drivers who share the road with you. Here are some insurance regulations specific to the state of New York.

Liability Laws

New York state requires you to carry New York State liability insurance. Liability insurance covers damages that happen when the driver of a car causes a collision. There are two kinds of auto liability insurance: bodily injury coverage and property damage coverage. These include vehicle damage and medical costs for any injured parties. You are required to purchase New York state liability insurance by an agency licensed by the New York Department of Insurance.

New York state has insurance minimums. These include:

  • $25,000 per individual / 50,000 per injury accident
  • $50,000 per individual / 100,000 per fatal accident
  • $10,000 for property damage
  • $50,000 for no-fault insurance
  • $25,000 per individual / 50,000 for uninsured/underinsured motorist

Remember, however, these guidelines are only the minimum for coverage. You may want to exceed these to cover unexpected expenses after an accident. After all, accidents are varied in their severity and the damages that can take place.

No-Fault State

New York is a “no-fault” state. This means that car insurance providers must reimburse people that they insure no matter who is at fault for an accident. Insured vehicles have a minimum of $50,000 of no-fault coverage for each person in the insured car. New York drivers are not allowed to drive without insurance or let someone else drive their car who doesn’t carry insurance.

New York Vehicle and Traffic Code 315 says that when a car insurance policy is closed, the driver has to give back both vehicle registration and license plates. Your license will be revoked if you drive without insurance.

A car accident can happen at any time so make sure you are prepared.

Retaining The Services Of A New York Attorney

With a personal injury lawyer on your side, you have an effective way to protect yourself after an accident. If you or a loved one has been hurt or passed away due to a collision, retain our services to learn more about what your rights are, what your options are, and the most effective way to get the justice you are due.

Have you been hurt in a collision? If you or a loved one sustained an injury in an accident, contact the expert personal injury attorneys at Gattuso & Ciotoli Law Offices. At Gattuso & Ciotoli Law Offices, we help clients get the most compensation for your car accident injuries. Contacting Gattuso & Ciotoli Law Offices will assist you in your car accident claim right away. Each accident is unique and can vary from case-to-case. It is vital to gain the services of an experienced personal injury attorney who can assist you within your accident claim. Contact us to talk about the details of your accident and how we can help you to get the compensation you deserve.