Required Auto Insurance in New York
Posted on September 22, 2023 by admin • September 24, 2025

September 24, 2025

When you own a vehicle in New York, you’re required to get an auto insurance policy for it. You have to have this policy in place before you can register your vehicle. And if your coverage isn’t kept, your vehicle’s registration and even your driver’s license can be suspended by the DMV. Make sure that you have a policy for as long as you own your car or truck, and carry proof of the policy with you. When you’re in need of an auto policy, call us at M&K Dignum Insurance Agency Inc. in Albany, NY.


Required Coverage


There are different types of coverage in every auto insurance policy. Yours in New York must contain a total of five amounts of coverage for liability. The first is an amount for property damage liability. This pays for the damage to someone else’s property, such as their vehicle, in an accident that you caused. Then, there is an amount of bodily injury liability for one person and an amount for the death of one person in an accident. In addition, there is an amount for the bodily injury of two or more people and an amount for the death of all of the people killed in the accident. All of these amounts have strict minimums, but you can generally add to your liability coverage if you wish.

 

Other Auto Coverage


You can also get non-required overage types in your policy. These include both comprehensive coverage and collision coverage. When you have comprehensive insurance, it offers protection against many of the risks your vehicle faces when you aren’t driving it. Collision insurance pays for the damage that happens to your car or truck when you’re in an accident that you caused. 



Get Auto Insurance Today


To get your auto insurance, call us at M&K Dignum Insurance Agency Inc. in Albany, NY. 


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Commercial Auto Insurance: A Must-Have for Albany Businesses on the Move

By Posted on October 30, 2024 by admin • September 24, 2025
For businesses in Albany, NY that rely on vehicles for their daily operations, commercial auto insurance is not just an option—it’s a necessity. Whether you’re running a delivery service, a contractor business, or a sales company, commercial auto insurance can provide the protection you need on the road. This blog post from M&K Dignum Insurance Agency Inc. will explain why commercial auto insurance is a must-have for Albany businesses on the move. What is Commercial Auto Insurance? Commercial auto insurance is a type of insurance policy that covers vehicles used for business purposes. It provides coverage for physical damage, liability, and medical payments, among other things. Whether your business owns a single car or a fleet of trucks, commercial auto insurance can help protect your business from the financial impact of a vehicle-related incident. Why is Commercial Auto Insurance Essential? Accidents happen, and when they do, the costs can quickly add up. From vehicle repairs to medical bills and legal fees, the financial burden can be significant. Commercial auto insurance can help cover these costs, protecting your business’s bottom line. Furthermore, in Albany, NY, businesses are legally required to have commercial auto insurance for their vehicles. Failing to have the right coverage can result in fines, penalties, and even the suspension of your business license. Why Choose M&K Dignum Insurance Agency Inc.? At M&K Dignum Insurance Agency Inc. , located in Albany, NY, we understand the unique insurance needs of businesses. Our team can help you understand your commercial auto insurance options and ensure you have the right coverage for your business’s needs. Contact us today to learn more. If you are ready for the next set of blog topics, reply with blog, the number corresponding with the blog, and the word topics. (Example: “blog 2 topics”) Posted in Commercial Insurance Tagged Albany NY , Commercial Auto Insurance , M&K Dignum Insurance Agency Inc.

Does Commercial Insurance Cover Business Interruption?

By Posted on September 23, 2024 by admin • September 24, 2025
Most types of commercial insurance focus on providing coverage for loss or damage to specific items or properties your business owns. It also typically focuses on providing your employees with protection and coverage should they need it. However, one crucial area that businesses often overlook is the potential for business to become disrupted, resulting in a temporary and potentially prolonged loss of income. Does commercial insurance also cover business interruption? If you’re a business located in Albany, NY, we here at M&K Dignum Insurance Agency Inc. are here to help answer that! Does Commercial Insurance Cover Business Interruption? The answer is it depends. If you’re only looking at basic commercial insurance policies, you’ll likely find that Business Interruption (BI) coverage is not listed in the benefits. More often than not, this type of policy comes with a property policy or is included when you purchase a comprehensive commercial insurance policy that offers this type of insurance coverage as an add-on. The reality is that loss of income due to factors outside of your control, such as fires or natural disasters, is always possible. Having commercial insurance that ensures your property is covered and replaces your lost business income can be a lifesaver, whether you’re a small business owner or someone running a mid to large enterprise. Get Commercial Insurance With Business Interruption Coverage at M&K Dignum Insurance Agency Inc. Are you ready to search for commercial insurance that offers your business the right amount of coverage? If so, look no further than M&K Dignum Insurance Agency Inc. in Albany, NY. We help businesses just like yours find the right commercial insurance policies that meet their unique needs. Get in touch with us now or compare quotes today! Posted in Commercial Insurance Tagged Albany NY , commercial insurance , M&K Dignum Insurance Agency Inc.

Five Key Benefits of Having Comprehensive Auto Insurance

By Posted on August 30, 2024 by admin • September 24, 2025
Automobiles are undoubtedly an essential part of our day-to-day lives, and protecting them is our ultimate responsibility. M&K Dignum Insurance Agency Inc., based in Albany, NY, believes that navigating the world of auto insurance shouldn’t be confusing or overwhelming. This blog post focuses on comprehensive auto insurance – a type of coverage that goes beyond the standard liability insurance. Not convinced about its benefits? Here are five key reasons why comprehensive auto insurance is worth the investment. 1. Protection from Theft One of the cornerstones of comprehensive auto insurance is the coverage it offers in the event of vehicle theft. Standard auto insurance wouldn’t cover you if your vehicle were stolen. But with comprehensive coverage, you can be reimbursed for the vehicle’s market value minus your deductible. 2. Coverage for Weather Damages Damage caused by severe weather events – such as hailstorms, floods, or wind – can lead to expensive repair work. Comprehensive auto insurance protects your vehicle from such unpredictable incidents, ensuring you won’t have to cover all the repair costs yourself. 3. Coverage for Vandalism and Riot Damages In current times, where unexpected events like riots or vandalism can occur, comprehensive auto insurance is a boon. It extends coverage to repair damage which may be caused due to such unforeseen incidents. 4. Protection against Wildlife Accidents If you accidentally hit an animal while driving, it could cause considerable damage to your vehicle. Comprehensive auto insurance covers such animal-related accidents, offering peace of mind during countryside journeys. 5. Coverage for Windshield and Glass Damages Lastly, windshield or other glass damages can be quite expensive to repair. Comprehensive insurance allows for repair or replacement without requiring you to pay your entire deductible.  In conclusion, the decision to invest in comprehensive auto insurance can save you significant stress and financial strain in the event of unforeseen incidents. Remember, every driver and vehicle is unique. To find out more about auto insurance plans that best serve your needs, contact M&K Dignum Insurance Agency Inc. today. Posted in Auto Insurance Tagged Albany NY , M&K Dignum Insurance Agency Inc.
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