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Assembly Bill A10157

2015-2016 Legislative Session

Mandates a discount on comprehensive automobile policies where the insured vehicle contains a collision avoidance system

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Archive: Last Bill Status - In Assembly Committee

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2015-A10157 (ACTIVE) - Details

Current Committee:
Assembly Insurance
Law Section:
Insurance Law
Laws Affected:
Amd ยง2336, Ins L

2015-A10157 (ACTIVE) - Summary

Mandates a discount on comprehensive automobile policies where the insured vehicle contains a collision avoidance system.

2015-A10157 (ACTIVE) - Bill Text download pdf 

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

                                  10157

                          I N  A S S E M B L Y

                              May 13, 2016
                               ___________

Introduced by M. of A. COLTON -- read once and referred to the Committee
  on Insurance

AN  ACT  to amend the insurance law, in relation to mandating a discount
  on  comprehensive  automobile  policies  where  the  insured   vehicle
  contains a collision avoidance system

  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 A TEN PERCENT REDUCTION IN PREMI-
UM CHARGES FOR COMPREHENSIVE COVERAGE, PERSONAL  INJURY  PROTECTION  AND
MEDICAL  PAYMENT  COVERAGES WITH RESPECT TO ANY INSURED VEHICLE EQUIPPED
WITH A COLLISION AVOIDANCE SYSTEM. AS USED IN THIS  SUBSECTION,  "COLLI-
SION  AVOIDANCE SYSTEM" MEANS AN ACTIVE COLLISION PREVENTION SYSTEM THAT
COMBINES A COLLISION WARNING SYSTEM THAT ALERTS A DRIVER TO  THE  POSSI-
BILITY OF A COLLISION WITH AN ADAPTIVE CRUISE CONTROL THAT AUTOMATICALLY
MAINTAINS  A  SAFE  FOLLOWING  DISTANCE  BETWEEN VEHICLES AHEAD AND THAT
AUTOMATICALLY APPLIES THE VEHICLE  BRAKES  WHEN  IT  SENSES  A  PROBABLE
CRASH.  SUCH  DISCOUNT  SHALL  APPLY TO COLLISION AVOIDANCE SYSTEMS THAT
MEET  APPLICABLE  FEDERAL  OR  APPROPRIATE  EQUIVALENT  STANDARDS.  WITH
RESPECT  TO VEHICLES OTHER THAN NON-COMMERCIAL PRIVATE PASSENGER AUTOMO-
BILES, ANY SCHEDULE RATING PLAN SHALL  INCLUDE  AN  APPROPRIATE  PREMIUM
CREDIT  WHICH  REFLECTS  THE  EXISTENCE  OF  SUCH  A COLLISION AVOIDANCE
SYSTEM.
  S 2. This act shall take effect on the sixtieth  day  after  it  shall
have become a law.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15380-01-6

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