In New York, you must have automobile liability insurance to register your vehicle. Insurance coverage will prevent you from potentially spending thousands of dollars on accident-related property damage, bodily injury, or death. Here’s more about the importance of auto insurance and what can happen if you drive without it. 

A Guide to Auto Insurance in New York

Coverage Stipulations

Even if you don’t drive regularly, your auto insurance must stay active for the duration of the registration agreement. Additionally, a company certified by the New York State DMV and Department of Financial Services must issue the coverage. The insurance should be in your name and stay in your name. 

Consequences of Having No Coverage 

Without coverage, the DMV reserves the right to suspend or revoke your license and registration. Additionally, this may result in expensive tickets and lack of financial protection following an accident.

If you get pulled over and don’t have proof of auto coverage, you may have to pay anywhere from $150 to $1,500 in fines. Additionally, the police may impound the vehicle, and you could go to prison for up to 15 days. 

What Happens if Your Insurance Lapses

Your auto insurance may lapse if you don’t renew it in time or cancel the policy without getting a backup plan. If it lapses, you’ll need to purchase new coverage.

Some companies might not issue insurance to those who haven’t renewed their policies, since they may consider you a high-risk driver. The penalty for lapsed coverage ranges anywhere from $8 to $2,400, depending on how long you go without it. 

If you need auto insurance, get in touch with Mazzola Insurance in Rochester, NY. They offer auto, motorcycle, and homeowners insurance to customers throughout the area. This independent agency is dedicated to finding the best rates from among several companies. Call (585) 266-7130 to ask about opportunities for bundling coverage or visit their website to request a free quote.