Property Damage – What is The Insurance Company Definition?

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Reader’s Question:

I live in Queens, New York. What is the definition of “Property Damage” here in my state?

Karen

Queens, NY

According to the New York Insurance Law, Property damage Liability insurance is defined as insurance against legal liability of the insured, and against loss, damage or expense incident to a claim of such liability, arising out of the loss or destruction of, or damage to, the property of any other person, but not including any kind of insurance specified in paragraph thirteen, fifteen or twenty-eight of this subsection.

So if your vehicle is damaged in a car accident and it is the other drivers fault then, you may be able to place a car insurance claim against that other party’s car insurance policy for Property Damage Liability. According to the New York State Insurance Department you may also go to court against the other driver for property damage.

If you want to get more information on the specific definition of terms of a New York State Property Damage Liability coverages you may contact the New York State Insurance Department.

Tags: auto insurance

Do I Have To Register My Car To Get Auto Insurance in New York?

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Reader’s Question:

Do I have to register a car first in Bronx New York before insuring it or is it the other way around?

Maddie

Bronx, New York (NY)

You need to insure your car before registering it in Bronx New York . When registering a car one of the items you need to bring to the NYS Department of Motor Vehicles is a New York State Insurance Identification Card (FS-20).

The Insurance Identification Card can be a fax or a copy, but the barcode must be readable by a New York DMV barcode reader. After you purchase a car, bring the proof of ownership to an insurance agent or broker authorized to do business in NYS, and get this required insurance card.

The registration application must have the same name as the FS-20 and must have a barcode. The FS-20 must be presented within forty five days of the effective date of the insurance coverage.