Legislation

Search OpenLegislation Statutes

This entry was published on 2021-06-18
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 2336-B
Boat liability insurance rates; premium reductions in certain cases
Insurance (ISC) CHAPTER 28, ARTICLE 23
§ 2336-b. Boat liability insurance rates; premium reductions in
certain cases. (a) Any schedule of rates or rating plan for boat
liability insurance submitted to the superintendent shall provide for an
appropriate reduction in premium charges, as described in section
seventy-eight-a of the navigation law, for any insured who has
successfully completed a boating safety course or an advanced boating
safety course which meets the requirements of part five of article four
of the navigation law and has been approved by the commissioner of
parks, recreation and historic preservation. The provisions of this
section shall not apply to attendance at a course pursuant to sections
forty-five or forty-nine of the navigation law as a result of any
boating infraction.

(b) For the purposes of this section:

(1) the term "boat" shall mean any residential or pleasure vessel that
is not a crew racing shell as defined in section two of the navigation
law.

(2) the term "boating safety course" or "advanced boating safety
course" shall mean a course of instruction or advanced course of
instruction that has been approved by the commissioner of parks,
recreation and historic preservation pursuant to section seventy-nine of
the navigation law.

(3) the term "boating safety certificate" shall mean a document which
cannot be altered and which is provided to a person who successfully
completes a boating safety course or advanced boating safety course
pursuant to section seventy-eight of the navigation law.

(c) An insurer, upon approval of the superintendent, may upon
submission of a completion certificate by an insured, provide an
actuarially appropriate reduction of the premium for such insured's
yacht or boating liability insurance.

(d) The superintendent may establish, by rule or otherwise, standards
or guidelines to be used to accomplish the provisions of this section.