Bill > A00937

This bill amends the New York insurance law to provide additional protections for motor vehicle owners during insurance claims for vehicle damage. Specifically, the bill prohibits insurance companies from imposing pricing caps on labor, parts, paint, or repair materials when processing damage claims. The legislation requires insurers to negotiate all claim elements directly with the insured or their designated licensed appraiser. Additionally, if an insurer recommends a repair facility that the claimant accepts, the insurer must fully restore the vehicle to its pre-damage condition at no extra cost to the claimant beyond the policy's standard deductibles. If the recommended repair shop fails to restore the vehicle properly, the insurer must then cover repairs at a repair facility of the claimant's choosing, again at no additional expense to the vehicle owner. The bill will take effect on the first day of January following its passage and will apply to all insurance policies issued, renewed, or modified on or after that date, giving insurance companies and consumers time to adapt to the new requirements.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/A937