STATE OF NEW YORK
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3316--A
Cal. No. 1021
2011-2012 Regular Sessions
IN SENATE
February 16, 2011
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Introduced by Sens. DeFRANCISCO, GRIFFO, KLEIN, LARKIN, LIBOUS -- read
twice and ordered printed, and when printed to be committed to the
Committee on Insurance -- reported favorably from said committee,
ordered to first and second report, amended on second report, ordered
to a third reading, and to be reprinted as amended, retaining its
place in the order of third reading
AN ACT to amend the insurance law, in relation to motorcycle insurance
policies
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 5103 of the insurance law is amended by adding a
2 new subsection (f-1) to read as follows:
3 (f-1) Every owner's policy of liability insurance issued on a motorcy-
4 cle in satisfaction of the requirements of article six or eight of the
5 vehicle and traffic law or section twenty-four hundred seven of such law
6 shall inform the insured that no-fault insurance provisions for automo-
7 biles or motor vehicles do not apply to motorcycles and that state unde-
8 rinsured motorist coverage is available, and that the lack of no-fault
9 insurance under some circumstances can be offset by the purchase of
10 state underinsured motorist coverage, since damages may exceed twenty-
11 five thousand dollars, which is the amount of coverage required by law.
12 § 2. This act shall take effect on the one hundred twentieth day after
13 it shall have become a law; provided that any rules and regulations
14 necessary to implement the provisions of this act on its effective date
15 are authorized and directed to be promulgated and shall become effective
16 on such date.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD09482-02-1