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How much insurance is required

  
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Member-Susan
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1.00 Dollars($)
PostPosted: Mon Mar 31, 2008 12:28 am   Post subject: How much insurance is required  
How much insurance is required in New York State on a financed vehicle that will be in storage for a year?
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Lisa_burner
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PostPosted: Mon Mar 31, 2008 7:04 am   Post subject:   
hi..please explain whether this vehicle currently has insurance on it or not! We can probably take it up from there. Thanks, Lisa_burner
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Insurancedigestbk
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PostPosted: Mon Mar 31, 2008 7:20 am   Post subject:   
Hi!

Make good use of the numbers shown in this page => nydmv.state.ny.us/tollfree.htm

Also make sure that you know the following:
Quote:
Your driver license and vehicle registration will be revoked for at least one year if the DMV receives information that you were involved in a traffic crash while driving a motor vehicle not covered by liability insurance. Your license and registration will also be revoked for at least one year if someone else is involved in a traffic crash is convicted of operating without insurance.

The traffic court fine could be as much as $1,500 for driving without insurance or allowing someone else to drive your uninsured vehicle. You will have to pay the DMV an additional civil penalty of $750 to get your license back after revocation.

Now, you see why driving your car even for once during that one-year period (that you've mentioend above) could prove fatal if your car is under-insured or uninsured !
Hope, the seniors would soon come up with their visions in this regard.
Regards, Insurancedigestbk
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