New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter V - Rates And Rating Organizations
Subchapter D - Rate Regulation And Promotion Of Competition
Part 160 - Responsibilities In Construction And Application Of Rates
Section 160.6 - Premium reductions for loss prevention measures
Universal Citation: 11 NY Comp Codes Rules and Regs ยง 160.6
Current through Register Vol. 46, No. 39, September 25, 2024
(a)
(1)
Insurers may provide for a reduction in the rates of homeowners insurance
premiums where all entrances leading to the insured residence premises from
commonly accessible areas are equipped with dead bolt locks. The amount of
reduction shall be determined in accordance with the standards set forth in
section 160.2 of this Part.
(2) In order to qualify for a premium
reduction, the locks shall be installed in accordance with the manufacturer's
specifications, and shall meet the applicable operational and security
standards for such devices prevailing in the building hardware manufacturing
industry for a Grade 3 lock. A Grade 3 lock is described in Appendix A of
ANSI/BHMA A156.5-1992 as generally adequate to withstand an attack of
opportunity and where the attack is expected to be of short duration.
(b)
(1) Insurers shall provide for a reduction in
the rates of homeowners insurance premiums where hurricane/storm shutters or
hurricane resistant laminated glass windows or doors have been installed on all
exterior wall openings in the structure of the dwelling.
(2) The shutters or laminated materials must
be designed and properly installed in accordance with the manufacturer's
specifications to withstand external pressure and wind borne debris from a
storm with sustained wind speed of at least 110 miles per hour or a storm surge
of eight feet above normal.
(3) The
amount of the reduction shall be determined in accordance with the standards
set forth in section
160.2 of this Part. In
establishing the premium reduction differentials applicable to systems
qualifying for a reduction, insurers shall consider the effectiveness of
permanently installed systems relative to those that require manual action in
order for the system to be operative.
(c)
(1)
Insurers shall provide for a reduction in the rates applicable to coverage for
the real property component of policies providing commercial risk insurance and
public entity insurance where hurricane resistant laminated glass windows or
doors have been installed on all exterior wall openings in the building
structure. The amount of the reduction shall be determined in accordance with
the standards set forth in section
160.2 of this Part.
(2) The laminated materials must be designed
and properly installed in accordance with the manufacturer's specifications to
withstand external pressure and wind borne debris from a storm with sustained
wind speed of at least 110 miles per hour or a storm surge of eight feet above
normal.
(d)
(1) Insurers shall provide for a reduction in
the rates of insurance premiums for commercial motor vehicles having a gross
vehicle weight rating in excess of 10,000 pounds provided the vehicle is
equipped with factory installed auxiliary running lamps. Such lamps shall be
designed, manufactured, and installed to enhance the conspicuousness and safety
of a vehicle so equipped and to effectively communicate to operators of other
vehicles the intentions or operational maneuvers of the driver of the
vehicle.
(2) The premium reduction
shall apply to bodily injury liability, property damage liability, personal
injury protection, medical payments and collision coverage. The amount of
reduction shall be determined in accordance with the standards set forth in
section 160.2 of this Part.
(3) Auxiliary running lamps are added in an
attempt to improve vehicle visibility and contribute to highway safety. For the
purposes of this subdivision, auxiliary running lamps shall be interpreted as
supplemental "combination side marker signal lamps" and must conform to the
following criteria:
(i) they must supplement
the standard vehicle lighting system which is required for new vehicles by
Federal standard, New York State Vehicle and Traffic Law and
regulation;
(ii) they shall be
located along the left and right sides of a single or combination vehicle,
consistent with the same required height as side marker lamps, as close as
practical to no closer than four feet nor more than 10 feet apart on
center;
(iii) all of these lamps
shall have both the side marker and signal lamp function. Lamps must be amber
in color. The rear most side marker must be red in color;
(iv) they may automatically illuminate when
the motor vehicle ignition is turned on or in the run position and shall only
flash in conjunction with the selection of the left or right signals;
and
(v) the lights must be of an
approved type, complying with side marker and signal lighting criteria
consistent with prevailing Federal standards.
(4) For the purposes of this subdivision, the
term factory installed shall mean vehicles equipped and delivered new with
auxiliary running lamps.
Disclaimer: These regulations may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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