What Do You Need to Know About New York Auto Insurance Requirements?

Dec 21, 2022

Personal Insurance

What Do You Need to Know About New York Auto Insurance Requirements?

Whether your car is lost or you are involved in an accident or collision, an auto insurance policy is essential to cover your loss and liability claims, saving you from financial hardships. However, you cannot buy a car insurance policy randomly, as the coverage requirements may vary from state to state, and you are legally required to meet them. To buy auto insurance in New York, you must consider the state's requirements.

How Much Auto Insurance Coverage is Mandatory in New York?

New York State mandates liability coverage for even registering the car. If you don't carry liability coverage, your driving license and car registration will be suspended.

How Much Liability Coverage Do I Need?

You will need a minimum liability coverage of:
  • $10,000 for property damage for a single accident
  • $25,000 for physical injury and $50,000 for the death of one person from an accident
  • $50,000 for physical injury and $100,000 for the death of two or more people from an accident

Whether or not you use the car, the coverage should remain active while the registration is valid. Also, you should buy and maintain the coverage in the vehicle owner's name.

Submitting New York Insurance Proof

You must submit the car insurance proof to the DMV, as they require every car owner to carry some amount of auto insurance. When you buy auto insurance, your provider will issue two original New York State Insurance Identification cards. They will also forward an electronic notice of your insurance coverage to the DMV.

The DMV requires an insurance ID card and an electronic notice, which you can submit when registering your car. You should keep the other insurance ID card in your car, along with your registration certification, as they are required if you are stopped for a traffic violation. Keeping your insurance document handy is also recommended, as it is needed if you are involved in a traffic accident.

Tips to Save on Auto Insurance in New York

The more extensive car insurance coverage you buy, the more premiums you have to pay. However, you can get some discounts and prevent your insurance rates from going up by:

  • Having a clean driving record (without traffic tickets or violations)
  • Driving safely (take a defensive driving course to get a 10% discount on completion)
  • Raising your deductible to lower your premiums
  • Dropping coverages that are no longer needed
  • Maintaining a good credit score (as insurance providers consider your credit score when calculating premiums)
  • Bundling your car insurance with other insurance policies to get some discounts
  • Shopping around to get the best deal (compare providers and their rates)

Knowing New York State's auto insurance requirements will help you buy the coverage required to drive legally, so you don't have to worry about penalties or license suspension.

Protect Yourself and Your Vehicle with Abatelli Insurance

Whether you need basic car insurance coverage mandated in New York or comprehensive coverage for extensive protection, contact us today at Abatelli Insurance Agency. We will listen to your requirements and offer customized coverage, ensuring all-round protection.