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New York Codes Rules Regulations (Last Updated: March 27,2024) |
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TITLE 11. Insurance |
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Chapter III. Policy and Certificate Provisions |
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Subchapter B. Property and Casualty Insurance |
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Part 65. Regulations Implementing the Comprehensive Motor Vehicle Insurance Reparations Act |
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Subpart 65-1. Prescribed Policy Endorsements |
Sec. 65-1.6. Deductibles
Latest version.
- Each insurance company which offers insurance policies to satisfy the minimum requirements of article 51 shall offer the policy prescribed in this Subpart with a family deductible of $200 and without any deductible. Each insurance company may also offer the above policy with a family deductible of $100. Any family deductible shall apply to the “named insured” and any “relative”, as these terms are defined in the Mandatory Personal Injury Protection Endorsement set forth in this Subpart.