N.Y. Vehicle & Traffic Law § 341: Amount of proof required

§ 341. Amount of proof required. Proof of financial responsibility

shall mean proof of ability to respond in damages for liability

thereafter incurred, arising out of the ownership, maintenance or use of

a motor vehicle, in the amount of twenty-five thousand dollars because

of bodily injury to or fifty thousand dollars because of death of any

one person, and subject to said limit respecting one person, in the

amount of fifty thousand dollars because of bodily injury to or one

hundred thousand dollars because of death of two or more persons in any

one accident, and in the amount of ten thousand dollars because of

injury to or destruction of property in any one accident. Such proof in

such amounts shall be furnished for each motor vehicle registered by

such person.