Relates to the creation of a study of the minimum coverage amounts for non-commercial auto insurance

This bill (A 3106) requires New York's Department of Financial Services to study current minimum auto insurance coverage requirements. The study will examine liability, uninsured motorist, and no-fault coverage amounts under state law, assessing whether they adequately protect consumers, how much higher coverage people actually buy, and how increasing minimums might affect premiums and claims. The department must consult with insurers, consumer groups, and other stakeholders, then submit a report with recommendations to state leaders by April 2027. This study directly affects all New York drivers who purchase non-commercial auto insurance, as it may lead to potential changes in required coverage levels.