With an estimated 19,490,297 people living in New York, the question is: are you protected? With packed roads and a fair share of aggressive driving how much insurance is enough? The only way to know the exact amount of coverage to buy is to know the exact type of accident in May you be in. Since none of us can predict the future with as much detail, we must ensure that we at least enough coverage to protect us in the case of a bad accident.
New York responsibility required
25/50/10
25 injury paid to a person you hurt.
50 Total injury to the insurer will pay.
10 Total property damage coverage.
It is good to understand the liability prior to the bid process. Here is an example of a bad accident caused by someone with the minimum of responsibility.
Jon, sleepy this morning, forgot to check his blind side and rams his truck into a new Sentra. The person in the Sentra, in turn, lost control of his vehicle and the total of the Sentra. The driver of the Sentra underwent a value of $ 40,000 injuries and hospitalization. The new Sentra, it was paid 20,000 dollars. In this case, Jon is responsible for $ 25,000 in unpaid insurance, because he chose to go with the minimum requirement of 25/50/10. Only up to $ 25,000 has been made available for a person to injury and only $ 10,000 was available to take care of the property damage Jon the other Pets lover driver. The next time you fire, take a look around to guess how many cars worth well over $ 10,000. Once you do this, you will find that the state required minimum does not really protect you.
Thursday, June 18, 2009
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