Bill > S05331

This bill establishes an online insurance verification system for motor vehicle insurance in New York State, requiring insurers to provide detailed and timely information about motor vehicle liability insurance policies. The system will allow the Department of Motor Vehicles to electronically track and verify insurance coverage, with insurers required to submit comprehensive information about policy issuance, cancellation, and renewal, including details such as policy numbers, vehicle registration numbers, and vehicle identification numbers. The online verification system will be designed with robust information security protections to safeguard personal and proprietary data, and will enable law enforcement to quickly check a vehicle's insurance status. Insurers will be required to provide access to up-to-date insurance information within seven days, and the system will be developed in consultation with financial services superintendents and insurers to minimize administrative expenses. The system will be funded through a combination of civil penalties, grants from the motor vehicle theft and insurance fraud prevention fund, and pro rata assessments on insurance carriers. After a mandatory testing and pilot period of at least one year, the commissioner must certify the system's full operational status before implementation. The bill is set to take effect on December 31, 2028, with preparatory rule-making authorized immediately.

Transportation and Infrastructure

https://www.nysenate.gov/legislation/bills/2025/S5331