Increases the minimum insurance coverage requirements for automobiles registered and/or operated within the state of New York

This bill increases New York's minimum auto insurance coverage requirements for all vehicles registered or operated in the state. It raises bodily injury coverage from $25,000 to $250,000 per person (and death coverage from $50,000 to $500,000 per person), while increasing property damage coverage from $10,000 to $25,000 per accident. These updated limits apply to all standard private passenger vehicles, including tow trucks (with a $300,000 combined limit for bodily injury/death). The changes directly affect all New York drivers and insurers, requiring new policies to meet these higher minimums starting 90 days after the superintendent issues implementing regulations.