Loading chat...
NY A06988
Bill
Status
3/18/2025
Primary Sponsor
William Colton
Click for details
AI Summary
-
Requires auto insurance companies to provide an actuarially appropriate premium reduction for personal injury protection and medical payment coverages when vehicles are equipped with outward-facing dashboard cameras
-
Vehicle owners must purchase and install the dashboard camera at their own expense
-
Insurance companies must offer flexible proof of installation options, either in person or virtually, in a manner that is minimally burdensome to the insured
-
The Department of Financial Services may adjust the discount amount if it determines the reduction is not actuarially appropriate
-
Takes effect 30 days after becoming law, with immediate authorization for regulators to develop necessary rules
Legislative Description
Provides a discount on car insurance to drivers who install dashboard cameras.
Last Action
referred to insurance
1/7/2026