Business organizations are urging state lawmakers to approve a measure to ease the requirement for New York drivers to obtain collision coverage on their cars.
The measure, backed by more than 20 business groups, would allow auto insurance companies to waive photographic inspections of vehicles that are usually required to obtain collision or comprehensive coverage.
The bill was previously approved in the state Assembly with support from Democrats and Republicans. The groups, which include the New York Insurance Association, Big I New York and the Business Council, signed a letter urging that the measure receive support in the final weeks of the legislative session.
They argue the bill will make it easier for consumers to obtain collision coverage while providing regulatory relief to small insurance brokers.
“Mandatory photo inspections are a burden on consumers and put them at risk of losing their coverage if the inspection is not completed within a short period of time,” the groups wrote in the letter. “These inspections are no longer necessary due to transformative advances in how insurance companies identify and prevent fraudulent claims.”
At the same time, the groups maintain that requiring a photo is no longer necessary or effective in preventing fraud. Insurance companies would still be able to perform photographic inspections if deemed necessary.