Vehicle Insurance NY
Auto Insurance with Colstan & Associates
Nearly every state requires drivers to carry Auto Insurance, and New York is no exception. An Auto Insurance policy protects you, your passengers, and other drivers on the road from damages and injuries caused by accidents.
At its core, an auto policy is an agreement between you and your insurance company. You agree to pay a certain amount, or premium, for specific types of coverage. In most cases, you can choose which coverages you want. However, if you finance or lease your car, your lender may require certain types of coverage and limits.
With an Auto Insurance policy, you gain peace of mind knowing you’re covered if you cause an accident. Without it, you could be held responsible for medical bills, property damage, lost income, and legal fees if you are uninsured or underinsured. Fortunately, a Colstan & Associates agent can help you design a policy that fits your budget and your needs.
Types of Coverage
Bodily Injury and Property Damage Liability
Required in most states. Covers medical bills, property damage, and legal fees if you cause an accident. (Note: you and your car may not be protected discuss your options with your agent.)
Uninsured/Underinsured Bodily Injury Coverage
Pays for damages, medical expenses, and lost wages if you are in an accident caused by a driver without enough insurance.
Collision Coverage
Covers car repairs due to an accident. Your chosen deductible determines how much you pay out of pocket.
Comprehensive Coverage
Protects against fire, theft, hitting an animal, vandalism, glass damage, or severe weather. Deductibles apply.
Personal Injury Protection (PIP)
Also called No-Fault Insurance. Pays for medical expenses and sometimes lost income regardless of who caused the accident.
Medical Payments Coverage
Pays medical and funeral expenses for you, passengers, or family members whether driving, riding in another car, or even walking or biking when hit by a car.
Uninsured Motorist Property Damage Coverage
Covers car repairs if an uninsured driver causes an accident, once your deductible is met.
Additional Coverage Options
Gap Insurance
Protects you if your loan or lease balance is higher than the car’s value after a total loss.
Roadside Assistance
Covers towing and roadside help.
Rental Reimbursement
Pays for a rental car if your vehicle is out of use for more than 24 hours after a covered accident.
Rideshare Coverage
Extends your personal auto insurance to cover periods when you’re logged into rideshare apps like Uber or Lyft but waiting for a request. Most rideshare company policies only cover you once a trip begins, so this fills the gap.
Who Is Covered?
Every driver listed on your policy is covered. That’s why it’s so important to include all household drivers. In some cases, licensed drivers not listed but given permission to use your car may also be covered. Always verify with your Colstan & Associates agent.
How Much Coverage Do You Need?
Every driver’s situation is different. At a minimum, you must meet New York’s requirements for Bodily Injury and Property Damage Liability. This ensures you can cover medical expenses, legal fees, and property damage caused to others. To go beyond the basics, speak with a Colstan & Associates agent who can tailor coverage to your needs.
Umbrella Policy for Extra Protection
Sometimes, standard auto insurance is not enough. In the event of a serious accident, damages can exceed your policy limits. An Umbrella Policy acts as a separate personal liability plan that provides additional protection. If your assets are substantial, an umbrella policy is highly recommended.
Available Discounts
You may qualify for several discounts that make coverage more affordable, including:
Safe driver
Multi-policy
Multi-car
Good student
Hybrid/electric car
Homeowner
Type and frequency of payment
Colstan & Associates makes Auto Insurance straightforward. Contact us today for a free, no-obligation quote and let our licensed agents build a plan that fits your budget.