Minimum Liability Or Comprehensive Auto Insurance in New York?
Reader’s Question:
I have the minimum liability insurance in Albany, New York and yesterday my vehicle was stolen, can I get something from my car insurance carrier?
Tony
Albany, NY
It is unfortunate that your vehicle was stolen but the minimum liability coverage that you have will not cover your stolen vehicle in Albany, New York. You need the physical damage of comprehensive coverage on your car to be covered by your insurance provider.
If your vehicle is stolen comprehensive coverage will also provide a certain amount per day for transportation expenses such as rental car, public transportation, depending on the what the terms on your car insurance policy. In general, this car insurance coverage is provided until the time the insurance carrier makes an offer to settle your car insurance claim.
Since you did not have comprehensive coverage on your vehicle there is no coverage on your stolen car and so your insurance carrier will not compensate you or be required to assist you with the vehicle that was stolen in any way.
What is Non Owner SR22 Insurance?
Q: What is SR22 insurance for non owners?
A: Non owner car insurance is something you only see when it comes to SR22 insurance, for the most part, although it does exist for other reasons. Some people who are required to have SR22 policies do not actually own cars, but do occasionally drive cars which belong to other people. Since driving with a suspended license is dangerous and illegal (unless you’re Paris Hilton), most people don’t want to take the risk, and so get their license reinstated even if they won’t be driving often, and to do that they need an SR22insurance policy.
SR22 insurance for non owners only covers you when you’re driving a car that isn’t yours. If you end up buying your own car, then you will need to switch over to regular SR22 car insurance.
A few more limits come with SR22 insurance for non owners. One is that you are only able to purchase liability coverage. If you drive a car which already has comprehensive and collision coverage with its owners policy, this shouldn’t be a problem. Discount options for people with SR22 are also more limited.
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