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5210 - Application for Payment of Judgment.

NY Ins L § 5210 (2019) (N/A)
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(1) twenty-five thousand dollars on account of injury to one person in any one accident, and

(2) fifty thousand dollars on account of death to one person in any one accident, and

(3) fifty thousand dollars on account of injury to more than one person in any one accident subject to the limit of twenty-five thousand dollars for any one person, and

(4) one hundred thousand dollars on account of death to more than one person in any one accident subject to the limit of fifty thousand dollars for any one person.

(b) The above applicable limit of liability shall be reduced by the amount of:

(1) any collectible liability insurance and available assets or contribution of the financially irresponsible motorist; and

(2) any payment received by the qualified person from or on behalf of any person jointly or severally liable with the financially irresponsible motorist.

(c) Any such judgment shall be regarded as excess to any other collectible liability insurance afforded to any financially irresponsible motorist.

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