Monday, March 16, 2009

New York Auto Insurance Property Damage Liability Coverage

New York Auto Insurance Property Damage Liability Coverage

If in any car accident happen to a New York Citizen, who hold a policy of Auto Insurance Property Damage Liability Coverage. The Auto Insurance holder is responsible for the damages. If the property of other persons is also damaged then the New York Auto Insurance Property Damage Liability Coverage also pays for the damages. This coverage actually covers:
  1. Damage to other person’s property
  2. Legal Cost incurred due to the car accident

The coverage limit set under the New York Auto Insurance Policy determines the maximum amount to be paid per accident by the Auto Insurance Company.
According to New York Auto Insurance Law, every car owner in New York should buy property damage liability coverage of at least $10000. Policy holders are obviously free to go for higher limit for this coverage.

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