Bill Text: NY A07789 | 2019-2020 | General Assembly | Introduced

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Bill Title: Relates to increasing insurance limits for certain for-hire vehicles; includes injury to or destruction of property under such limits.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Passed) 2019-10-23 - SIGNED CHAP.408 [A07789 Detail]

Download: New_York-2019-A07789-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          7789

                               2019-2020 Regular Sessions

                   IN ASSEMBLY

                                      May 21, 2019
                                       ___________

        Introduced  by  M.  of  A.  MAGNARELLI  -- read once and referred to the
          Committee on Transportation

        AN ACT to amend the vehicle and traffic law, in relation  to  increasing
          insurance limits for certain for-hire vehicles

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Paragraphs (a) and (b) of subdivision 1 of section  370  of
     2  the  vehicle  and traffic law, paragraph (a) as amended by section 13 of
     3  part III of chapter 59 of the laws of 2019, and paragraph (b) as amended
     4  by chapter 613 of the laws of 2002, are amended to read as follows:
     5    [(a)] For damages for and incident to death or injuries to persons and
     6  injury to or destruction of property: For each motorcycle and  for  each
     7  motor  vehicle  engaged  in  the  business  of  carrying or transporting
     8  passengers for hire, having a seating capacity of not  more  than  seven
     9  passengers, a bond or insurance policy with a minimum liability of twen-
    10  ty-five  thousand  dollars  and  a  maximum  liability of fifty thousand
    11  dollars for bodily injury, and a minimum  liability  of  fifty  thousand
    12  dollars  and  a  maximum  liability  of one hundred thousand dollars for
    13  death and a minimum liability of ten thousand dollars for injury  to  or
    14  destruction  of property; for each motor vehicle engaged in the business
    15  of carrying or transporting passengers for hire, having a seating capac-
    16  ity of not less than eight passengers, a bond or insurance policy with a
    17  combined single limit of at least  one  million  five  hundred  thousand
    18  dollars  for bodily injury [and] or death[;] to one or more persons, and
    19  because of injury to or destruction of property in any one accident.
    20    [(b) For damages for and incident to injury to or destruction of prop-
    21  erty; for each motor vehicle and each motorcycle  a  bond  or  insurance
    22  policy with a minimum liability of ten thousand dollars.]
    23    §  2.  This  act  shall  take  effect on the same date and in the same
    24  manner as section 13 of part III of chapter 59  of  the  laws  of  2019,
    25  takes effect.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11500-02-9