Owning a car in New York means that you are required to purchase coverage to protect against accidents that may occur. The car insurance that you need will depend on your current situation and budget, but there are a variety of options to help protect your asset and your finances.

Requirements of the State

The state requirements are limited to liability protection. You are required to carry coverage for bodily injuries, accidental death and property damage that may occur if you cause an accident.

Although the state does have liability protection laws, the standards are limited and it may not be enough to address your concerns. Furthermore, the coverage does not apply to your personal vehicle, so you may want to purchase additional coverage to pay for damages to your car if you get into an accident and it is determined that you caused the accident.

Rate Details

The premium that you can expect to pay for your coverage will depend on a variety of factors. Generally, the cost is determined by your personal information as well as the coverage that you select and the car that you are driving.

Your credit rating, driving history and current age can all contribute to the rates that you are offered. Furthermore, full coverage will usually cost more than liability protection, so the details of the policy that you select will also help determine the quotes that you are offered. In some cases, adding a discount to your account will also help reduce your rates, so you should ask about any discounts that may apply to the account.

There are a variety of details that determine the cost of coverage for a car. To learn more about protecting your car with appropriate coverage, contact us to talk to an agent.