|
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
 |
Resources News & Issues
Reservists, National Guard Members called to Active Duty Military reservists and members of the National Guard who are called to active duty, or have their duty extended, may designate an adult third party to receive bills and other notices related to their insurance coverage. The third party’s name, address, and telephone number, along with a statement signed and dated by the third party indicating their agreement to become a third party designee should be submitted to the insurer.For more details, insureds should contact their agent for specific answers to questions. Court Decision Allows Insurers to Recommend Repair Shops to Consumers Two companion cases, Allstate Insurance Co. v. Serio and GEICO v. Serio challenged the constitutionality of the section in the Insurance Law that prohibits Insurance Companies from recommending or suggesting particular repair shops unless requested to do so by the policyholder.On May 4th, Judge Casey of the United States District Court, found that such restrictions violated the First Amendment commercial speech protections. The New York State Insurance Department advises all Insurance Companies, writing automobile insurance in New York State, may now recommend or suggest a particular place or repair shop to the policyholder, regardless of a formal request. But in no event shall either the agent or the company demand or require that a specific Body Shop be used. Deer Related Accidents are on the Rise DRIVERS BEWARE… the rise in the deer population is causing an increase in deer related automobile accidents. According to Steve Schassler, DEC Region Four director, the current population of deer in New York State has grown to nearly 1,000,000.Here are a few basic safety measures to keep you safe and the number of deer related accidents at a minimum.
While state and local wildlife agencies look for ways to control the deer
population, protect you and your family by taking extra precaution when
traveling on roadways. Title Branding in New York State New York State has title branding regulations in place to ensure consumers are made aware of vehicles that may have been severely damaged. These regulations only apply to:
An Insured has one of two options if the vehicle is determined to be a total loss:
Whether the insurer keeps the vehicle or decides to have the insurance
company take possession of the vehicle, they will have to forward the signed
title to the insurance company. The insurance company may withhold up to at
least 50% of the payment awaiting receipt of the title.
On-Line Services for the New York State Department of Motor Vehicles Why make an unnecessary trip to your local DMV office when you can complete some transactions on-line? The DMV will allow you to renew your registration and order custom and personalized plates on-line.Have you recently had an address change? The DMV site also has many of the forms available to download. Some of these forms can be mailed and others will allow you to have the form completed prior to your visit at the DMV office. There are many other informative issues that can be found at http://www.nydmv.state.ny.us/ Gap Insurance on a Leased Vehicle Gap Insurance is necessary in the event your leased auto is involved in an accident and is destroyed. If the car is totaled or stolen, your personal auto insurance may cover the actual value of the vehicle at the time of loss, but not the payments still required if more is owed than the vehicle is worth. Gap Insurance covers this difference between the actual value of the car and the amount that may still be owed on the lease.Ask the leasing company if Gap Insurance is included without charge. Gap Insurance is somewhat more expensive when purchased separately. See your insurance agent for guidance if you plan to lease a vehicle. Renting a Car? Some Tips on Automobile InsuranceMany rental car customers are still confused regarding their rights and responsibilities under the laws in New York State. Here are some tips for New York drivers renting a vehicle:
For more information, please contact your agent. |
|
|||||||||||||||||||||||||||||||||
|
|
