March 24, 2008 at 12:00 am
· Filed under Insurance
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Insurance laws and requirements can be complicated and vary from state to state. New York auto insurance is no exception to this statement. There are several different types of coverage that fall into the auto insurance category. Some of the coverage types are optional while others are required by state law.
Liability Coverage
Liability coverage is required in nearly every state. car insurance laws in New York require $25,000/$50,000/$10,000 in coverage. These amounts cover bodily injury liability per person/total bodily injury per accident/property damage per accident, respectively.
This is a preview of
An Overview of New York Auto Insurance Requirements
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March 24, 2008 at 12:00 am
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At one time or another, everyone has ventured out into the chaotic, intimidating, and frustrating world of vehicle shopping. There are lots of things which need to be done before buying some car like First, decide the price range you need to work with and then from there, you will need some idea of the type of vehicle that works best for your lifestyle or things like Are you looking for a used or new car? Or do you want a sporty little car, a family sedan, or an SUV that covers rugged terrain and haul sport’s equipment to your son’s football game?
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March 24, 2008 at 12:00 am
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You decided to buy a New Car. But how will you choose the best dealership? It doesn’t matter whether you selects a small-town dealership or a big city dealership, you will need to be prepared either way. Regardless of the size, dealers all pay the same amount for a specific vehicle and if a larger dealership can order a particular vehicle in quantity, they might have the option of passing on better savings to the buyer.
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March 24, 2008 at 12:00 am
· Filed under Insurance
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In most states, the law requires you to have auto insurance. Here are a few tips you can use to reduce the cost of the necessary insurance -
* Be sure to compare prices
Get multiple quotes from different insurance companies. You can easily find differences of 15 to 20% for the same coverage, so it pays to shop around. But be aware, the lowest price does not always mean the best deal, so check into the companies reputation for paying claims before you purchase a policy.
* Rates vary depending upon the type of car
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March 24, 2008 at 12:00 am
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The new Medicare drug program, known as Part D, has resulted in much confusion about rules, benefits and costs.
Here are answers to frequently asked questions from a leading health-care advocate…
DECIDING WHETHER TO SIGN UP
My mother is in her 80s, in good health and does not take any medications. Does she need Part D?
Your mother may not need coverage now, but she might consider a low monthly fee plan in case she does need coverage in the future and is concerned about the penalty. For every month she puts off enrolling after May 15, 2006 (when Part D went into effect), she will pay a penalty of 1% of the monthly premium.
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