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NY A02189
Bill
Status
1/15/2025
Primary Sponsor
Alicia Hyndman
Click for details
AI Summary
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Increases minimum bodily injury liability coverage from $25,000 per person to $250,000 per person and from $50,000 per accident to $500,000 per accident
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Raises minimum death benefit coverage from $50,000 for one person to $500,000, and from $100,000 for two or more persons to $1 million per accident
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Increases minimum property damage liability coverage from $10,000 to $25,000 per accident
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Raises the financial security deposit requirement for self-insured motorists from $25,000 to $250,000 per motor vehicle
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Takes effect 180 days after becoming law
Legislative Description
Increases the minimum insurance coverage requirements for automobiles registered and/or operated within the state of New York.
Last Action
referred to insurance
1/7/2026