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Who cares
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Sponsors
No co-sponsors yet.
History
- Referred to insurance
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to limits on certain supplementary insurance
In Assembly Committee · Insurance · Sponsor Al Graf
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S6352
Purpose
Provides that insurance companies must obtain written consent of the insured prior to waiving motorist's supplementary insurance coverage.
Summary of provisions
Section 1 of the bill amends subparagraph (A) of paragraph 2 of subsection (f) of section 3420 of the insurance law to provide that, if the insured declines supplementary uninsured/underinsured motorists insurance, a written waiver must be signed by the insured.
Section 2 provides the effective date.
Justification
Supplemental insurance, also known as uninsured or underinsured, is being waived by some insurance companies without the knowledge or authorization of the insured. The minimum coverage for passengers in a vehicle will drop to twenty-five thousand dollars, relating to physical injury, and fifty thousand dollars for death.
Legislative history
New bill.
Fiscal implications
None.
Effective date
This act shall take effect on the thirtieth day after it shall have become a law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.