New York is one of the most prominent states in the United States, and it is also known for having some of the busiest streets. Every New York resident or motorist should get intimate with the inner mechanics of a New York Auto Insurance. This is necessary so that you are compensated and protected, if ever you get involved in any accident.

By law every motorist should be carrying an insurance policy in New York, because the state follows a no-fault rule: meaning, in any accident there is no party declared at fault, and each person or car involved in the accident will ask their individual insurance company to cover their personal damages. New York has passed this law to prevent delays in attending to medical needs due to settling of blame, paperwork, and so on.

In addition, the motor insurance policy, which is called the Personal Injury Policy or PIP for short, should have a maximum coverage of $50,000. This insurance coverage applies to health and financial losses to multi-speed motors those affected by the motor accident which include the driver, its passengers and the ordinary pedestrians. If the repair or the treatment is going to cost more than what insurance can cover, the involved parties can file lawsuit. A New York auto insurance policy does not only protect the insured individual insured but also other members of the family.

It is also important to remember that you can apply for coverage with your New York auto insurance company if you meet an accident while unknowingly driving an uninsured vehicle. Your policy should still be able to help you pay for personal and health damages for you or your passengers or family members. Even when you are on the road as a pedestrian, the benefits of your insurance policy can be extended to you to cover for the cost of medical treatments, even if the offending motorist has no insurance policy.