New York Vehicle and Traffic Law Articles 6 (Motor Vehicle Financial Security Act), 7 (Motor Vehicle Safety Responsibility Act) and 11 (Civil Liability), each complete

What this document is

New York Vehicle and Traffic Law Articles 6 (Motor Vehicle Financial Security Act), 7 (Motor Vehicle Safety Responsibility Act) and 11 (Civil Liability), each complete (art. 6 ss. 310-321, art. 7 ss. 330-368, art. 11 s. 388) is a state statute published by New York State Legislative Bill Drafting Commission (public.leginfo.state.ny.us). It is one of the New York documents that insurance license exam questions are written from, including new york property & casualty, new york personal lines practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• N.Y. Veh. & Traf. Law Sec. 341 (Amount of proof required)

  “Proof of financial responsibility shall mean proof of ability to respond in damages for liability thereafter incurred, arising out of the ownership, maintenance or use of a motor vehicle, in the amount of twenty-five thousand dollars because of bodily injury to or fifty thousand dollars because of...”

• N.Y. Veh. & Traf. Law Sec. 311(3) (Definitions; proof of financial security)

  “The term "proof of financial security" shall mean proof of ability to respond in damages for liability arising out of the ownership, maintenance or use of a motor vehicle as evidenced by an owner's policy of liability insurance, a financial security bond, a financial security deposit, or...”

• N.Y. Veh. & Traf. Law Sec. 313(1)(a) (Notice of termination; cancellation by the insurer)

  “No contract of insurance for which a certificate of insurance has been filed with the commissioner shall be terminated by cancellation by the insurer until at least twenty days after mailing to the named insured at the address shown on the policy a notice of termination by regular mail, with a...”

• N.Y. Veh. & Traf. Law Sec. 312(1)(b) (Registration of motor vehicles; continuous proof of financial security; presumption on failure to produce)

  “shall be presumptive evidence of operating a motor vehicle without proof of financial security. Upon the production of proof of financial security such presumption is removed. Production of proof of financial security may be made by mailing such proof to the court having jurisdiction in the matter”

• N.Y. Veh. & Traf. Law Sec. 313(1)(b) (Notice of termination; retention of copy and certificate of mailing as conclusive proof)

  “Every insurer shall retain a copy of the notice of termination mailed pursuant to this chapter and shall retain the certificate of mailing obtained from the postal service upon the mailing of the original of said notice. A copy of a notice of termination and the certificate of mailing, when kept in...”

Practice this material

Questions about this source

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