The state of New York requires everyone who owns a vehicle to carry a minimum of $25,000 in bodily injury liability with a maximum of $50,000 per accident. You also need $25,000 in uninsured/underinsured motorist bodily injury coverage with a maximum of $50,000 per accident. You are also required to have $10,000 in property damage insurance and $50,000 in personal injury protection. New York follows a No Fault system meaning that your insurance company must cover you regardless of who is at fault in the accident. Furthermore, you must purchase your insurance from company licensed with New York’s State Insurance Department. Car Insurance New York