Showing posts with label ny car insurance. Show all posts
Showing posts with label ny car insurance. Show all posts

Where and how to buy insurance at Newyork


Steps to buy insurance and keep it economical
1)Search and shop around : Prices differs from company to company, so it really helps to shop around. Get at least three price quotes. You can request companies directly or access information on the Internet.
2)Have a look at the financial health of insurance companies with rating companies such as A.M. Best (ambest [dot]com) and Standard & Poor’s (http:// www standardandpoors[dot]com/) and consult consumer magazines.
3)You can also check out the complaint about the companies rankings here athttp://www.ins.state.ny.us/auto/2007/ark2007.pdf
4)Ask friends and relatives for their recommendations.
5)Compare Insurance Costs : Yes it is needed that while you purchase any insurance you should compare it fully as there are discounts and also different coverage areas which should be considered.
6)Ask for Higher Deductibles : Deductibles are those rates which can be reduced from your premium which you might think as a not necessary cost.Before selecting a higher deductible, be sure you have enough money set aside to pay it if you have a claim.
7)Reduce Coverage on Older Cars
8)Bundle out the insurance of different things to the same insurer company this will help you to get some amount of discount.
9)Good credit and driving record: this differs a lot in making your coverage more economical and reduced costs.
10)Group insurance and discounts offered should tried.

New York car insurance quotes NY


Insurance at newyork is strict regarding rules and procedures related to insurance and traffic rules.It is compulsory that before you get your vehicle registered in the state, you must have a liability insurance.

The Department of Motor Vehicles(DMV) requires you to provide proof of the policy in the form of a ID card from you and electronic verification from your insurer. State law requires both paper proof and electronic proof
Liability imposed in failure:
Bodily injury liability: $25,000 per person and $50,000 per accident for injury and $50,000 per person and $100,000 per accident for death

Uninsured motorists coverage: $25,000 per person and $50,000 per accident for injury and $50,000 per person and $100,000 per accident for death

Property damage liability: $10,000Basic no-fault: $50,000
Do you want to know how the top companies performed last year then here is annual ranking of the "2007 Annual Ranking of Automobile Insurance Complaints".This publication is in pdf format and it ranks 44 insurance companies or groups of companies by the number of automobile insurance complaints upheld against them in 2006 as a percentage of their average 2005-2006 NY State auto premium. Well this will help you know about the companies position according to the complaints.Insurers are ranked on the basis of complaint ratio.Read here
http://www.ins.state.ny.us/auto/2007/ark2007.pdf
Where to search the insurance company at newyork
http://awebproxyprd.ins.state.ny.us/onepage/StartForm.jsp?link=/CompanyD...
Total is 1658 which is keep on changing as many companies come and go.
Some more info:
Incase if the Department of Motor Vehicle at newyork suspends your registration due to non producing of insurance for 90 days or fewer, you can have the option to pay penalties between $8 and $12 for each day the vehicle was uninsured (a civil penalty for 85 days will run you $840)