US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Home » US Law » 2022 New York Laws » Consolidated Laws » ISC - Insurance » Article 53 - Motor Vehicle Insurance Assigned Risk Plans

5301 – Participation in Assigned Risk Plans.

§ 5301. Participation in assigned risk plans. (a) All insurers licensed to write motor vehicle insurance in this state shall subscribe to and participate in the reasonable plan or plans, approved, or which may be approved, by the superintendent after consultation with such insurers, for equitable apportionment among such insurers of applicants for such insurance […]

5302 – Administration.

§ 5302. Administration. (a) In addition to the members of the committee elected by the subscribers to administer the plan, the superintendent shall appoint annually two additional members who shall be duly licensed insurance agents or brokers representative of broad segments of the public obtaining insurance through the plan. (b) Such committee shall establish for […]

5303 – Coverage.

§ 5303. Coverage. (a) Any such plan shall provide for availability to applicants of motor vehicle insurance coverages for: (1) legal liability, up to fifty thousand dollars because of bodily injury to or death of one person in any one accident and, subject to such limit for one person, up to one hundred thousand dollars […]

5304 – Appeals; Process of Claims.

§ 5304. Appeals; process of claims. (a) Any applicant for insurance through a plan governed by this article, any person insured under such plan and any insurer affected may appeal to the superintendent from any ruling or decision of the manager or committee. (b) All participating insurers shall maintain an office in this state or […]