2006 New York Code - Legislative Findings.



 
    * § 846-j. Legislative findings. Motor vehicle theft and motor vehicle
  insurance  fraud  is  a major problem in this state costing honest motor
  vehicle policyholders billions of dollars annually. As the cost of motor
  vehicle insurance continues to rise, this essential coverage has  become
  less  affordable  and  more  out  of reach for many New Yorkers. Between
  nineteen hundred eighty-five and nineteen hundred ninety-two,  New  York
  has  seen  over  a fifty percent increase in the number of motor vehicle
  thefts. Over one  hundred  sixty  thousand  motor  vehicles  are  stolen
  annually  in this state at a cost of over seven hundred million dollars.
  Between nineteen hundred eighty-six and nineteen hundred ninety-two, New
  York has also seen a one  hundred  sixty-six  percent  increase  in  the
  number  of  reported  fraudulent  claims; estimates have put the cost to
  policyholders for fraudulent activities at ten percent of premiums paid.
  The legislature acknowledges a direct relationship between the incidence
  of motor vehicle theft, motor vehicle insurance fraud and  the  cost  of
  motor  vehicle insurance premium rates. The legislature finds, therefor,
  that to reduce the overall cost  of  motor  vehicle  insurance  in  this
  state, measures must be enacted which specifically address the incidence
  of   motor  vehicle  theft  and  motor  vehicle  insurance  fraud.  This
  legislation  creates  the  motor  vehicle  theft  and  insurance   fraud
  prevention  demonstration program, the goals of which are as follows: to
  provide an integrated means to prevent, deter and reduce  the  incidence
  of  motor  vehicle theft and motor vehicle insurance fraud by developing
  and providing funding for demonstration programs which include education
  on motor vehicle theft and insurance fraud prevention, programs on motor
  vehicle  theft  and  insurance  fraud  prevention  and  specialized  law
  enforcement units to combat motor vehicle theft and insurance fraud.
    * NB Expires July 1, 2007

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