One of Mandatory Insurance Liability Coverage in New York known as Auto Insurance Personal Injury Protection Coverage is mandatory in New York. This insurance coverage compensates for the injuries caused to the policyholder himself and to the passengers of his car by an accident. This Personal Injury Protection Coverage covers :
- Medical Expenses including Surgical treatment, Dental Treatment, Optometric Treatment, Ambulance Service, Medicine Supplies, Nursing Services
- Loss of Income
- Accidental Death Benefits in case of death by the car accident
- Essential Service Expenses
This coverage includes not only the injuries of the New York Auto Insurance Personal Injury Protection Coverage policy holder but also the injuries of the authorized drivers listed on the auto insurance policy and the passengers of the insured car who are also the residents of New York. One can get the coverage benefits for the car accident regardless of whose fault it is, as the New York Auto Insurance Law enforces No-Fault Rule. When buying Auto Insurance for Personal Injury Liability Coverage, one has to decide on the level of deductibles. Deductible is the amount that the policy holder is required to pay from his own pocket before establishing an insurance claim in case of an accident.
Maximum payment under this New York Auto Insurance Personal Injury Protection Coverage is restricted to $50000 per person, per accident. But, one can receive larger amount of payments if he opts for one of the following optional coverages :
- Additional PIP Coverage
- Optional Basic Economic Loss Coverage
- Work Loss Coverage
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