|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 08, 2014||referred to transportation|
|Jan 09, 2013||referred to transportation|
senate Bill S1911
Archive: Last Bill Status - In Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S1911 - Details
S1911 - Summary
Increases the minimum insurance coverage requirements for motor vehicles rented or leased in the state.
S1911 - Sponsor Memo
BILL NUMBER:S1911 TITLE OF BILL: An act to amend the vehicle and traffic law, in relation to increasing the minimum insurance coverage requirements for motor vehicles rented or leased in the state of New York PURPOSE OR GENERAL IDEA OF BILL: Provides that all motor vehicles rent- ed or lease in New York must be covered by an owners policy of liability insurance with a minimum limit of $1 million for bodily injury or death, and a minimum limit of $25,000 for vehicle damage. SUMMARY OF SPECIFIC PROVISIONS: Section 1 amends section 311 of the Vehicle and Traffic Law to include in the definition of an "owners policy of liability insurance" a minimum limit of $1 million dollars for bodily injury or death, for all rented and leased vehicles. Section 2 amends section 312 of the Vehicle and Traffic Law to require the owners of rented and leased Vehicles to obtain the mandated insur- ance, and to hold any owner who fails to do so liable for injuries sustained as a result of the use of the rented or leased vehicles. Section 3 amends section 345 of the Vehicle and Traffic Law to require owners liability policies to cover both the owner and user of a vehicle and imposes to a minimum limit of $1 million dollars for bodily injury
S1911 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1911 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ Introduced by Sen. LIBOUS -- read twice and ordered printed, and when printed to be committed to the Committee on Transportation AN ACT to amend the vehicle and traffic law, in relation to increasing the minimum insurance coverage requirements for motor vehicles rented or leased in the state of New York THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (a) of subdivision 4 of section 311 of the vehi- cle and traffic law, as amended by chapter 305 of the laws of 1995, is amended to read as follows: (a) Affording coverage as defined in the minimum provisions prescribed in a regulation which shall be promulgated by the superintendent at least ninety days prior to effective date of this act. The superinten- dent before promulgating such regulations or any amendment thereof, shall consult with all insurers licensed to write automobile liability insurance in this state and shall not prescribe minimum provisions which fail to reflect the provisions of automobile liability insurance poli- cies, other than motor vehicle liability policies as defined in section three hundred forty-five of this chapter, issued within this state at the date of such regulation or amendment thereof. Nothing contained in such regulation or in this article shall prohibit any insurer from affording coverage under an owner's policy of liability insurance more liberal than that required by said minimum provisions. Every such owner's policy of liability insurance shall provide insurance subject to said regulation against loss from the liability imposed by law for damages, including damages for care and loss of services, because of bodily injury to or death of any person and injury to or destruction of property arising out of the ownership, maintenance, use, or operation of a specific motor vehicle or motor vehicles within the state of New York, or elsewhere in the United States in North America or the Dominion of EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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