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Senate Bill S4705

2009-2010 Legislative Session

Requires a motor vehicle insurance provider to notify a customer of the importance and usefulness of uninsured and underinsured motorist coverage

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Archive: Last Bill Status - In Senate Committee Insurance Committee

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2009-S4705 (ACTIVE) - Details

Current Committee:
Senate Insurance
Law Section:
Insurance Law
Laws Affected:
Add ยง3411-a, Ins L

2009-S4705 (ACTIVE) - Summary

Requires a motor vehicle insurance provider to notify a customer of the importance and usefulness of uninsured and underinsured motorist coverage; directs the superintendent of insurance to draft an informational disclaimer to be included in every policy providing automobile physical damage insurance for private passenger automobiles registered in this state.

2009-S4705 (ACTIVE) - Sponsor Memo

2009-S4705 (ACTIVE) - Bill Text download pdf 

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

                                  4705

                       2009-2010 Regular Sessions

                            I N  S E N A T E

                             April 27, 2009
                               ___________

Introduced  by  Sen. LEIBELL -- 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  notification  of  the
  importance  and  usefulness  of  uninsured  and  underinsured motorist
  coverage

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. The insurance law is amended by adding a new section 3411-a
to read as follows:
  S  3411-A.  NOTIFICATION OF UNINSURED AND UNDERINSURED MOTORIST COVER-
AGE. (A) NO POLICY PROVIDING AUTOMOBILE PHYSICAL  DAMAGE  INSURANCE  FOR
PRIVATE  PASSENGER AUTOMOBILES REGISTERED IN THIS STATE SHALL BE ISSUED,
DELIVERED OR RENEWED WITHOUT AN INFORMATIONAL DISCLAIMER BEING  PROVIDED
TO  THE INSURED IN WRITING, PRIOR TO THE TIME OF SUCH ISSUANCE, DELIVERY
OR RENEWAL, CONCERNING THE IMPORTANCE AND USEFULNESS  OF  UNINSURED  AND
UNDERINSURED MOTORIST COVERAGE.
  (B)  THE  SUPERINTENDENT  SHALL BE RESPONSIBLE FOR THE DRAFTING OF THE
INFORMATIONAL DISCLAIMER DESCRIBED IN SUBSECTION (A) OF THIS SECTION.
  S 2. This act shall take effect immediately and shall apply  to  poli-
cies issued, delivered, or renewed on and after such effective date.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11055-01-9

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