Insurance Law 2327 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 2326 Evaluation of competitive rating provisions up ARTICLE 23 Property/casualty Insurance Rates next SECTION 2328 For hire motor vehicle insurance rates; flexible rating; prior approval Viewing most recent revision (from 2024-06-21) View historical revision as of: -- Choose a Date -- 2024-06-21 2024-02-16 2023-12-29 Share Facebook Email SECTION 2327 Verification of driving history Insurance (ISC) CHAPTER 28, ARTICLE 23 § 2327. Verification of driving history. No insurer who utilizes an applicant's New York state driving history as a rating or underwriting factor for private passenger motor vehicle insurance in this state shall bind a policy of insurance, or process a percentage of the annual premium due for a policy, without first making a good faith effort to verify said applicant's New York state driving history, as well as the New York state driving history of all named drivers that are used to rate the policy and are listed by the applicant on the private passenger motor vehicle insurance application, through the use of a third-party database. An insurer also shall verify, through a third-party database, the New York state driving history of a named driver used to rate the policy when added during the policy period, unless the New York state driving history is unavailable at the time of the initial inquiry due to a temporary website outage, service interruption or other circumstances beyond the control of the insurer, producer or third-party representative.