New York A00851 proposes insurance premium reductions for those who complete a fraud prevention course.

New York A00851 amends the insurance law to provide for premium reductions for insureds who successfully complete a fraud prevention course, specifically the New York auto fraud prevention program. This reduction applies to motor vehicle liability, comprehensive, collision, and personal injury protection coverages. The changes will take effect on the first day of January following the law's enactment and apply to all policies issued, renewed, modified, altered, or amended on or after that date.

New York A00851 proposes insurance premium reductions for those who complete a fraud prevention course.

New York A00851 amends the insurance law to provide for premium reductions for insureds who successfully complete a fraud prevention course, specifically the New York auto fraud prevention program. This reduction applies to motor vehicle liability, comprehensive, collision, and personal injury protection coverages. The changes will take effect on the first day of January following the law's enactment and apply to all policies issued, renewed, modified, altered, or amended on or after that date.