Cheap Car Insurance in New York

According to the New York Times, the price for car insurance in the state of New York ranks around the middle, when compared to other states (in terms of cost). Therefore, finding cheap insurance in New York state is pretty easy. In the following information, we will explain the minimum (cheapest) coverage required by the state of New York, some of the penalties for not having the required coverage and information about getting auto coverage, cheap.

Most states require drivers to have a minimum amount of auto insurance coverage (liability) to pay for damages to property, injuries and even, death. New York requires that drivers in this state have a minimum of 25/50/50/100/10 coverage, which means that New York drivers are required to have at least $25,000 coverage for injuries and a maximum benefit of $50,000, $50,000 to pay for any death that may have resulted from an accident and at least a $100,000 payout to cover the costs of a funeral and a minimum of $10,000 to coverage damages to property. The law in this state also mandates that every vehicle that is registered through the New York Department of Motor Vehicles should have the minimum liability coverage. Car insurance in the state of New York should also be in the same name as the registration, which may pose a problem for households with teen drivers (with their own vehicles) because the household premium may increase. Unlike most other states, if the coverage lapses, the registered plates will be returned to the DMV. In addition, car insurance in the state of New York needs to be provided either by an insurance company that is located within the state or by an insurance company that is licensed to provide coverage in New York. New York drivers and those who have recently moved from New York: If the insurance company does not meet these guidelines, the coverage is not valid and therefore, will result in a suspension of the individual’s driver’s license and vehicle registration. New York drivers who do not have insurance according to these guidelines may have a difficult time getting their license again or acquiring registration, even in a new state. Therefore, it’s very important for NY drivers to follow the auto insurance laws required by the state of New York.

There are multiple companies that offer valid insurance to drivers in New York for an inexpensive price. Some of the most popular options (and cheapest) include Progressive, GEICO, 21st Century (formerly AIG) — each of these companies offer the minimum coverage provided by the state, as well. NY drivers who have had issues (accidents, DUI’s, speeding tickets, etc.) have cheap insurance options available to them, as well. While the cost to insure high-risk drivers may be a little higher, monthly installments can offer relief to New York drivers who have a not so good driving history. Regardless of your situation, the best advice when searching for car insurance in New York is to do your homework before you purchase, which means: visit the company websites, request quotes, and ask questions, call the office and find out everything you need to know about your coverage in the state of New York?

Getting cheap car insurance in the State of New York is easy as long as drivers are aware of the stricter requirements in New York state, as well as, the penalties for not having the required guidelines in place. By signing up for a policy with the minimum required coverage and taking other smart consumer options (comparing quotes, plans and discounts), New York drivers can save considerably on their car insurance bill.

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