Collision Versus Comprehensive Auto Insurance in New York
New York drivers must carry liability insurance on their vehicles of $25,000 per person bodily injury coverage, $50,000 for two or more people who have bodily injuries, and $25,000 for property damage. Choosing the coverage type that best suits your needs is entirely up to you, as long as it meets these state minimum requirements.
When discussing auto insurance or watching television advertisements, comprehensive and collision coverage are the two types we rely on the most to satisfy legal requirements and to protect ourselves. Often we purchase policies that combine both of these options and think nothing more of it until we have an accident. While similar, they don’t offer the same coverage for the same problems, so if you don’t understand how these policies work, allow us to clear it up.