Bill Text: NY A00216 | 2017-2018 | General Assembly | Introduced
Bill Title: 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.
Spectrum: Slight Partisan Bill (Democrat 10-5)
Status: (Introduced - Dead) 2018-01-03 - referred to insurance [A00216 Detail]
Download: New_York-2017-A00216-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 216 2017-2018 Regular Sessions IN ASSEMBLY (Prefiled) January 4, 2017 ___________ Introduced by M. of A. LUPARDO, LOPEZ, STIRPE, BENEDETTO, ORTIZ, MURRAY, STECK -- Multi-Sponsored by -- M. of A. CRESPO, CROUCH, HEVESI, RAMOS -- read once and referred 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