|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 08, 2014||referred to insurance|
|Jan 15, 2013||referred to insurance|
senate Bill S2268
Archive: Last Bill Status - In Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S2268 - Details
S2268 - Summary
Requires that any schedule of rates or rating plan for non-commercial private passenger automobile insurance coverage submitted to the superintendent of financial services shall provide for an appropriate reduction in premium charges for any insured participating in an official police department program or other program designed to prevent or reduce motor vehicle theft.
S2268 - Sponsor Memo
BILL NUMBER:S2268 TITLE OF BILL: An act to amend the insurance law, in relation to motor vehicle insurance rate reductions for participation in certain anti-theft programs PURPOSE OR GENERAL IDEA OF BILL: To enable consumers to receive automobile insurance premium reductions for the installation of anti-theft devices on their vehicles. SUMMARY OF SPECIFIC PROVISIONS: Section 2336 of the insurance law is amended by adding a new subsection (i) and Section 2342 of the insurance law as amended by chapter 102 of the laws of 2011 is amended. Subsection (i) provides for automobile insurance premium reductions for drivers who ate participating in an official police department program designed to prevent or reduce motor vehicle theft. The rates will continue to be based on schedules submitted to the Superintendent of Insurance by the insurers issuing policies. JUSTIFICATION: Current law provides for automobile insurance premium reductions for persons whose vehicles have homing devices or auto glass etching to aid in the recovery of stolen vehicles. This legislation would expand this provision to drivers who participate in approved anti-theft programs. Various anti-theft devices have proven
S2268 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2268 2013-2014 Regular Sessions I N S E N A T E January 15, 2013 ___________ Introduced by Sen. STAVISKY -- 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 motor vehicle insur- ance rate reductions for participation in certain anti-theft programs THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 2336 of the insurance law is amended by adding a new subsection (i) to read as follows: (I) ANY SCHEDULE OR RATING PLAN FOR NON-COMMERCIAL PRIVATE PASSENGER AUTOMOBILE INSURANCE SHALL PROVIDE FOR AN APPROPRIATE REDUCTION IN PREMIUM CHARGES FOR COMPREHENSIVE COVERAGE WITH RESPECT TO ANY INSURED VEHICLE ENROLLED BY THE OWNER IN THE "COMBAT AUTO THEFT (C.A.T.) PROGRAM" OR ANY OTHER MOTOR VEHICLE THEFT PREVENTION PROGRAM ESTABLISHED PURSUANT TO SECTION TWO HUNDRED TWENTY-THREE OF THE VEHICLE AND TRAFFIC LAW, IN ANY MUNICIPALITY PARTICIPATING IN SUCH PROGRAM. S 2. Section 2342 of the insurance law, as amended by chapter 102 of the laws of 2011, is amended to read as follows: S 2342. Expiration of certain provisions. The provisions of subsection (c) of section two thousand three hundred seven, section two thousand three hundred eight, subsection (a) of section two thousand three hundred ten, sections two thousand three hundred sixteen, two thousand three hundred twenty, two thousand three hundred twenty-three, two thou- sand three hundred twenty-six, and two thousand three hundred thirty- five, [subsection] SUBSECTIONS (b) AND (I) of section two thousand three hundred thirty-six and section two thousand three hundred forty-one of this article shall cease to be of any force or effect during the period August third, two thousand one through the day before the effective date of the property/casualty insurance availability act, and after June thirtieth, two thousand fourteen. S 3. This act shall take effect immediately, provided that subsection (i) of section 2336 of the insurance law, as added by section one of this act, shall be subject to, and shall expire in accordance with, section 2342 of the insurance law, as from time to time amended. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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