At ASZ International Inc. in Westchester, NY, our agents often get this question, "do I need auto insurance?"
The answer is yes, New York State mandates minimum coverages. You are required to carry no-fault personal injury insurance (PIP) of at least $50,000 per person. Liability of $25,000 per person for injury and $50,000 if the injury resulted in death and $50,000 for two or more injured persons and $100,000 for two or more deaths. Finally uninsured motorist coverage to the same limit as the personal injury. These are just basic liability coverages. For many people, this will not be enough auto insurance to feel protected.
If you have an auto loan, your lender will require you to protect their investment. The same is true for a leased vehicle. This will mean that you will need to carry collision and comprehensive coverage. Collision protects the vehicle from damage that is the result of an accident with another vehicle when you are the party who is at fault. It will pay to repair or replace your vehicle if it is damaged beyond repair after the deductible has been met.
Comprehensive coverage protects your vehicle from other damage. It can be caused by weather-related events such as high winds that bring down tree limbs, (sometimes on your vehicle) or hail. It also covers things like vandalism, and in the event that your vehicle is stolen, it will replace the vehicle up to the limit of the policy.
When you are ready to get your auto insurance or would just like someone to look at your coverage, ASZ International Inc.in Westchester, NY is ready to help you find the right policy for your needs and your wallet. You can reach us on our website or give our office a call to get a no-obligation quote.