N.Y. Comp. Codes R. & Regs. tit. 11 § 160.6

Current through Register Vol. 46, No. 50, December 11, 2024

Section 160.6 - Premium reductions for loss prevention measures

(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.

N.Y. Comp. Codes R. & Regs. Tit. 11 § 160.6