N.Y. Vehicle & Traffic Law § 343: Proof of financial responsibility by certificate showing motor vehicle liability policy obtained

§ 343. Proof of financial responsibility by certificate showing motor

vehicle liability policy obtained. (a) Proof of financial responsibility

may be made by filing with the commissioner the written certificate of

any insurance carrier duly authorized to do business in this state,

certifying that there is in effect a motor vehicle liability policy for

the benefit of the person required to furnish proof of financial

responsibility. Such certificate shall give the effective date of such

motor vehicle liability policy, which date shall be the same date as the

effective date of the certificate and shall designate by explicit

description or by appropriate reference all motor vehicles covered

thereby, unless the policy is issued to a person who is not the owner of

a motor vehicle.

(b) No motor vehicle shall be or continue to be registered in the name

of any person required to file proof of financial responsibility unless

such motor vehicle is so designated in such a certificate.

(c) When a person has been required to furnish proof of a financial

responsibility and there has been in effect a motor vehicle liability

policy for his benefit for a period of three years, during which period

such person or any vehicle registered in his name has not been involved

in any accident upon which a report is required pursuant to section six

hundred five hereof, such person may file in lieu thereof, the written

certificate of any insurance carrier duly authorized to do business in

this state, certifying that there is in effect a standard provisions

automobile liability policy in form approved by the superintendant of

financial services with a limit of liability no less than provided in

subdivision (a) of section three hundred thirty-five of this law.