Senate Bill S6455

2017-2018 Legislative Session

Relates to motorcycle insurance policies

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly 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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2017-S6455 (ACTIVE) - Details

See Assembly Version of this Bill:
A216
Current Committee:
Assembly Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §5103, Ins L
Versions Introduced in Other Legislative Sessions:
2009-2010: S8489
2011-2012: S3316, A5381
2013-2014: S6512, A3600
2015-2016: S4316, A3232
2019-2020: S6251

2017-S6455 (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.

2017-S6455 (ACTIVE) - Sponsor Memo

2017-S6455 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6455
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                               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:

   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 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.
   § 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.
                                                            LBD02178-01-7

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