New York State Assembly

Bill No.:  

 
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S06455 Summary:

BILL NO	S06455
SAME AS	SAME AS A00216
SPONSOR	DEFRANCISCO
COSPNSR	HELMING
MLTSPNSR
Amd §5103, Ins L
Relates to motorcycle insurance policies and requires owners' policies of liability to inform the insured that motor vehicle no-fault insurance does not apply to motorcycles and that state uninsured motorist coverage is available in the alternative.

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S06455 Actions:

BILL NO	S06455
05/22/2017	REFERRED TO INSURANCE
01/03/2018	REFERRED TO INSURANCE
06/18/2018	COMMITTEE DISCHARGED AND COMMITTED TO RULES
06/18/2018	ORDERED TO THIRD READING CAL.1846
06/19/2018	PASSED SENATE
06/19/2018	DELIVERED TO ASSEMBLY
06/19/2018	referred to insurance

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S06455 Committee Votes:

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S06455 Floor Votes:

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S06455 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          6455
 
                               2017-2018 Regular Sessions
 
                    IN SENATE
 
                                      May 22, 2017
                                       ___________
 
        Introduced  by  Sen.  DeFRANCISCO -- read twice and ordered printed, and
          when printed to be committed to the Committee on Insurance
 
        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.
                                                                   LBD02178-01-7

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