Amongst the top five most expensive states is New York. Is there hope of lower rates for New York residents? For anyone anxious for ways to get a more affordable auto insurance coverage in New York, I will try to offer some suggestions.
You would likely have thought of taking a lower coverage. A liability only coverage is certainly a lower coverage but it is one in which you are not covered. If you ever got into a car crash, every expense arising from the repairs on your car would be born squarely by you. This should be a very last resort.
Wait! take a look at an uninsured motorist coverage before deciding on the liability only option. The uninsured motorist coverage is better and a little more expensive.
If you had financing for your car and have not yet finished your payments, then you can’t take up a liability only coverage. The finance company insists on a collision and comprehensive coverage.
If you more than a car in your family, then combine your policies into one. You would make some savings this way.
3 years ago, it was reported that the average New York resident spends over $1000 annually on their auto insurance. This figure would have increased now. When shopping for auto insurance coverage, carefully look for discounts you may qualify for as a way of reducing your cost If you have taken lessons in defensive driving, or your car has some special safety features, or the safety of your neighborhood has increased, you can get a level of discount for these. There are more than these and you would only know them when you make an effort to find them
Comparing quotes online is a very reliable way of increasing savings. In getting and comparing quotes you would get quotes specific to New York. Your aim in comparing quotes is to find the best and most affordable auto insurance rates so do not forget to look out for discounts you may qualify for. Asking your agent for discounts you qualify for is recommended.