What are state auto insurance minimums?
State insurance minimums are the car insurance requirements that each state imposes on their drivers. While each state sets its own coverage requirements, it’s important to note that it is illegal to drive without insurance in almost every state. Curious to know about your minimum auto insurance in Queens County, New York? Here are some of the important things to understand about auto insurance minimum requirements.
Why do you need minimum car insurance?
As previously mentioned, each state imposes its own auto insurance requirements for residents. Failing to secure this minimum coverage is actually breaking the law and, should you be caught without coverage, you will be punished. As every state has its own requirements, it’s important that you research your state’s minimums.
New York’s minimum auto insurance requirements are as follows:
- $25,000 bodily injury liability per person
- $50,000 bodily injury liability per accident
- $50,000 liability for death per person
- $100,000 liability for death per accident
- $10,000 property damage liability per accident
- $50,000 personal injury protection
- $25,000 uninsured motorist coverage per person
- $50,000 uninsured motorist coverage per accident
Are state minimums enough?
When applying for auto insurance, your insurer will likely warn you that state minimums are not enough. While minimum auto insurance does offer coverage for accidents, this coverage is typically not enough to protect a driver’s risk. If you rely on minimum coverage alone and get into an accident, then you would be financially responsible for everything that your insurance does not cover. This can put your current and future assets at risk. So, if you can afford it, auto insurance providers always recommend securing coverage that extends past state minimums.
This is what you need to know about minimum car insurance requirements in New York. Do you have additional questions regarding your auto insurance in Queens County, New York? If so, then contact the experts at 01 Insurance. We are ready to assist you with all your car coverage needs today.