senate Bill S3316A
(R, C, IP) 50th Senate District
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
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.
TITLE OF BILL:
to amend the insurance law, in relation to motorcycle insurance policies
To ensure that the owners of motorcycles are aware that automobile no
fault Insurance law does not apply to motorcycles and that New York
State underinsured motorist coverage is available.
SUMMARY OF PROVISIONS:
Section 1 - Provides that insurance companies provide policy language
advising motorcyclists that no fault insurance provisions for
automobiles do not apply to motorcycles and that, as an alternative,
state under insured motorist coverage is available.
Section 2 - Sets the effective date.
Motorcyclists currently do not have coverage for actual damages and
lost wages if they do not possess State under insured motorist
coverage which puts assets at risk and/or leaves judgments for
This bill will encourage motorcyclists to obtain this insurance by
ensuring that they are aware of the potential risk in not possessing
state under insured motorist coverage and also afford protection for
individuals who seek damages which damages might otherwise not be
LEGISLATIVE HISTORY: S.8489 (2010)
FISCAL IMPLICATIONS: None to the State.
The 120th day after it shall have become law or on such date that any
rules and regulations necessary to implement the provisions of this
act are authorized to be promulgated and shall become effective.
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