NY A00546

Amends Insurance Law Section 2610 to prohibit insurers from limiting collision or comprehensive coverage claim payments based on pricing caps for labor, parts, paint, or repair materials.

Requires all elements of motor vehicle damage claims to be negotiated between the insurer and the insured (or their designated representative) by a duly licensed appraiser.

Mandates that if an insurer recommends a repair facility and the claimant accepts it, the insurer must restore the vehicle to its pre-loss condition at no additional cost to the claimant beyond policy deductibles.

Requires insurers to have repairs completed at a repair shop of the claimant's choice if the recommended facility fails to restore the vehicle to its pre-loss condition.

Takes effect January 1 following enactment and applies to all policies issued, renewed, modified, altered, or amended on or after the effective date.