In the state of New York, all drivers on the road are required to purchase and carry a minimum amount of liability insurance in order to legally operate their vehicles. However, drivers who purchase these minimum policies may prove to still be a serious risk for other drivers, particularly in the event they cause a serious accident.
Minimum Liability in New York, Explained
Minimum liability in New York is called “25/50/10,” or to be more specific, drivers must be insured for:
- Up to $25,000 per person injured in an accident
- Up to $50,000 total for all persons injured in an accident
- Up to $10,000 for property damage caused
Say you are involved in an accident with a driver who has one of these minimum insurance policies, and likewise, to make it simple, let’s assume it was entirely the other party’s fault. If you sustain any injuries as a result of this accident, the other driver has insurance to pay for up to $25,000 of your medical bills, rehabilitation, and other expenses related to these injuries. This might seem like a lot, but bills add up quickly, particularly if you need continual treatment.
If you have any additional passengers in the car with you during this accident, they too are eligible to receive up to $25,000 each. However, the other party is limited to a maximum of $50,000 for all occupants of your car. If you have two passengers and sustain the same injuries, all costing over $25,000, the other party does not have the coverage to pay for all of these injuries.
Likewise, they are only covered for up to $10,000 in property damages, including your car and any other things they may have struck or damaged (such as fire hydrant on the side of the road).
Ensuring You Are Compensated
The best way to ensure you are compensated in the event of an accident with a minimally-insured driver is to add Uninsured/Underinsured coverage to your own car insurance policy. This kicks in after the other driver’s insurance is exhausted and covers you out for the remainder of the damage, up to the limit you have purchased.
Additionally, after you are involved in an accident, you should not hesitate to contact a Palmyra car accident lawyer.
At Foley & Foley, we have dedicated our practice to those who have been injured through no fault of their own. We have earned several legal accolades, including an AV® Preeminent™ rating from Martindale-Hubbell®. Attorney James F. Foley was also named Lawyer of the Year by Best Lawyers® for the Rochester, New York area.Don’t live with the consequences of an accident with an underinsured driver; contact Foley & Foley today and schedule a consultation by calling (315) 883-2650!