New York Auto Insurance Bodily Injury Liability Coverage

New York Auto Insurance Bodily Injury Liability Coverage

If one of the New York citizen hold the policy of Auto Insurance Bodily Injury Liability Coverage becomes involved in an accident which causes injuries and damages to third party, then this Auto Insurance Bodily Injury Liability Coverage pays for the injuries. This type of coverage compensates for:

1. Medical Expenses
2. Lost Income
3. Pain and suffering
4. Legal Costs if the third party files a lawsuit against the policyholder or any driver listed under the auto insurance policy.

The New York Auto Insurance Bodily Injury Liability Coverage policy holder is required to choose a coverage limit which will settle on the maximum amount to be paid per person, per incident by the New York Auto Insurance Company. According to New York Auto Insurance Law, every car owner and driver in New York is bound to buy bodily injury liability coverage of at least $25000 per person and of at least $50000 for all persons. But these are the minimum stipulated limits. Anybody can purchase bodily injury liability coverage of a higher amount to protect own self from huge financial loss in case of severe accidents.