Requires liability insurance rate reductions of 10% upon completion of a boating safety course or 15% upon completion of an advanced boating safety course.
STATE OF NEW YORK
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7855
IN SENATE
October 11, 2012
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Introduced by Sen. LAVALLE -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules
AN ACT to amend the navigation law and the insurance law, in relation to
insurance rate reductions upon completion of a boating safety course
or an advanced boating safety course
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 78-a of the navigation law, as added by chapter 160
2 of the laws of 1990 and as further amended by section 104 of part A of
3 chapter 62 of the laws of 2011, is amended to read as follows:
4 § 78-a. Insurance rate reduction. Any insurance carrier licensed to
5 issue yacht or boating liability insurance in this state is authorized
6 to grant rate reductions with the approval of the department of finan-
7 cial services to any owner of a yacht or boat who has successfully
8 completed a boating safety course or an advanced boating safety course
9 or holds a valid United States Coast Guard operators license. In no
10 event shall the rate reduction be less than ten percent for any insured
11 who has completed a boating safety course and fifteen percent for any
12 insured who has completed an advanced boating safety course.
13 § 2. The insurance law is amended by adding a new section 2336-b to
14 read as follows:
15 § 2336-b. Boat liability insurance rates; premium reductions in
16 certain cases. (a) Any schedule of rates or rating plan for boat liabil-
17 ity insurance submitted to the superintendent shall provide for an
18 appropriate reduction in premium charges, as described in section seven-
19 ty-eight-a of the navigation law, for any insured who has successfully
20 completed a boating safety course or an advanced boating safety course
21 which meets the requirements of part five of article four of the naviga-
22 tion law and has been approved by the commissioner of parks, recreation
23 and historic preservation. The provisions of this section shall not
24 apply to attendance at a course pursuant to sections forty-five or
25 forty-nine of the navigation law as a result of any boating infraction.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD16441-02-2
S. 7855 2
1 (b) For the purposes of this section the term "boat" shall mean any
2 residential or pleasure vessel that is not a crew racing shell as
3 defined in section two of the navigation law.
4 § 3. This act shall take effect immediately and shall apply to all
5 policies and contracts issued, renewed, modified or altered on and after
6 such effective date.