Senate Bill S8489

2009-2010 Legislative Session

Relates to motorcycle insurance policies

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Rules Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2009-S8489 (ACTIVE) - Details

Current Committee:
Senate Rules
Law Section:
Insurance Law
Laws Affected:
Amd ยง5103, Ins L
Versions Introduced in Other Legislative Sessions:
2011-2012: S3316
2013-2014: S6512
2015-2016: S4316
2017-2018: S6455
2019-2020: S6251

2009-S8489 (ACTIVE) - Summary

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; requires the insured to sign a statement if the insured does not choose the state uninsured motorist coverage.

2009-S8489 (ACTIVE) - Sponsor Memo

2009-S8489 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  8489

                            I N  S E N A T E

                           September 20, 2010
                               ___________

Introduced  by  Sen.  DeFRANCISCO -- read twice and ordered printed, and
  when printed to be committed to the Committee on Rules

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:

  Section 1. Section 5103 of the insurance law is amended  by  adding  a
new subsection (f-1) to read as follows:
  (F-1) EVERY OWNER'S POLICY OF LIABILITY INSURANCE ISSUED ON A MOTORCY-
CLE  IN  SATISFACTION OF THE REQUIREMENTS OF ARTICLE SIX OR EIGHT OF THE
VEHICLE AND TRAFFIC LAW OR SECTION TWENTY-FOUR HUNDRED SEVEN OF SUCH LAW
SHALL:
  (1) INFORM THE INSURED THAT NO-FAULT INSURANCE PROVISIONS FOR  AUTOMO-
BILES OR MOTOR VEHICLES DO NOT APPLY TO MOTORCYCLES AND THAT STATE UNDE-
RINSURED  MOTORIST  COVERAGE IS AVAILABLE, AND THAT THE LACK OF NO-FAULT
INSURANCE UNDER SOME CIRCUMSTANCES CAN BE  OFFSET  BY  THE  PURCHASE  OF
STATE   UNDERINSURED   MOTORIST   COVERAGE,  SINCE  DAMAGES  MAY  EXCEED
TWENTY-FIVE THOUSAND DOLLARS, WHICH IS THE AMOUNT OF  COVERAGE  REQUIRED
BY LAW; AND
  (2)  REQUIRE  THAT  MOTORCYCLISTS  WHO  REFUSE  THE STATE UNDERINSURED
MOTORIST COVERAGE SIGN A STATEMENT SAYING THAT THEY WERE INFORMED OF THE
AVAILABILITY OF SUCH AND CHOSE NOT TO OBTAIN SUCH COVERAGE.
  S 2. This act shall take effect on the one hundred twentieth day after
it shall have become a law; provided  that  any  rules  and  regulations
necessary  to implement the provisions of this act on its effective date
are authorized and directed to be promulgated and shall become effective
on such date.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD18033-02-0


              

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