What type of insurance is legally required in New York?

Liability insurance is the type of insurance legally required in New York. This coverage is essential because it protects you in the event that you cause an accident that results in bodily injury or property damage to another person. If you are at fault in an accident, liability insurance helps cover the costs associated with those damages, ensuring that victims can be compensated. This requirement is part of New York State’s effort to maintain financial responsibility among drivers, promoting safety and accountability on the roads.

Comprehensive insurance covers damages to your vehicle from incidents other than collisions, such as theft or natural disasters, but it is not a legal requirement. Collision insurance, while useful for covering damages after an accident involving your vehicle, is also not mandatory under state law. Uninsured motorist coverage protects you in cases where the other driver is at fault but does not have insurance; while it's important, it's not strictly required by law in New York. Hence, liability insurance stands out as the necessary coverage for all drivers in the state.