Increases the minimum insurance coverage required for motor vehicles registered and/or operated within the state of New York; for injury or death to one person in any one accident, increases the limits required from $25,000 to $50,000 for bodily injury and from $50,000 to $100,000 for death, for injury or death to more than one person in any one accident, increases the limits required from $50,000 to $100,000 for bodily injury and from $100,000 to $200,000 for death, and for third party property damage in any one accident, increases the limits required from $10,000 to $25,000.