§ 3401. Insurable interest in property. No contract or policy of insurance on property made or issued in this state, or made or issued upon any property in this state, shall be enforceable except for the benefit of some person having an insurable interest in the property insured. In this article, “insurable interest” shall include […]
§ 3402. Executory contract not a change in interest, title or possession. The making of a contract to sell or to exchange real property shall not constitute a change in the interest, title or possession, within the meaning of the applicable provisions of any contract of fire insurance, including any contract supplemental thereto, covering property […]
§ 3403. Anti-arson application. (a) In this section: (1) “Anti-arson application” means any application for insurance or renewal of insurance, covering the peril of fire or explosion that includes certain questions contained in subsection (c) of this section, which shall be answered by the applicant in addition to the basic information normally supplied to an […]
§ 3404. Fire insurance contracts; standard policy provisions; permissible variations. (a) The printed form of a policy of fire insurance, as set forth in subsection (e) hereof, shall be known and designated as the “standard fire insurance policy of the state of New York.” (b) (1) No policy or contract of fire insurance shall be […]
§ 3405. Fire insurance contract; losses from nuclear reaction or radiation. (a) Insurers issuing the standard fire insurance policy pursuant to section three thousand four hundred four of this article are authorized to affix or include in the policy a written statement that such policy does not cover loss or damage caused by nuclear reaction […]
§ 3406. Copy of examination of insured to be delivered to insured. (a) If any policy or contract of insurance against loss or damage to property located in this state contains any provision requiring the insured to permit any examination by the insurer of the insured, or of a member of his family, or of […]
§ 3407. Property insurance; proofs of loss; notice of loss. (a) The failure of any person insured against loss or damage to property under any contract of insurance, issued or delivered in this state or covering property located in this state, to furnish proofs of loss to the insurer or insurers as specified in such […]
§ 3407-a. Property/casualty insurance contract and policy standard provisions. No property/casualty insurance policy or contract shall be issued or issued for delivery on a risk located or resident in this state insuring against damage to the insured’s real property unless it contains in substance the following provision or a provision which is equal or more […]
§ 3408. Fire insurance; appraisal of loss; procedure for selection of umpire on failure to agree. (a) Whenever application shall be made for the selection of an umpire pursuant to the provisions relating to appraisals contained in the standard fire insurance policy of the state of New York it shall be made to a justice […]
§ 3409. Distribution of hazardous material report forms. The superintendent shall require every insurance company issuing a policy of fire insurance against a risk located in this state to annually issue to each of its fire insurance policyholders engaged in commerce in this state a suitable supply of forms supplied by the office of fire […]
§ 3410. Fire insurance contract; payment of liens on proceeds; certain cases. (a) Every fire insurance policy insuring the interest of an owner pursuant to this article shall include a statement that, prior to the payment of any proceeds thereunder otherwise payable to the insured for damages resulting to the premises from a loss occasioned […]
§ 3411. Automobile physical damage insurance covering private passenger automobiles; standard provisions; required inspections; duties of insurers and insureds. (a) The provisions of this section shall be applicable to all automobile physical damage insurance policies covering private passenger automobiles registered in this state, notwithstanding any other provisions of this chapter. (b) In this article, “renewal” […]
§ 3412. Automobile physical damage insurance covering private passenger automobiles; salvage; total losses; thefts; duties of insurers. (a) Notwithstanding any other provision of this chapter, the provisions of this section shall be applicable to all physical damage losses incurred on policies covering private passenger automobiles registered in this state for model year nineteen hundred seventy-three […]
§ 3413. Standard claim forms for fire losses. (a) (1) On or before April first, nineteen hundred eighty-two, the superintendent shall establish a standard claim form to be used for all fire loss claims under an insurance policy which is issued or issued for delivery in this state covering such losses for property located in […]
§ 3414. Reports by insurers of certain casualty loss on property owned or operated by religious organizations. (a) Insurers shall report all claims in excess of two hundred fifty dollars filed for casualty losses resulting from desecration, vandalism and theft of religious articles sustained by a “Religious Corporations Law corporation”, “incorporated church” or “unincorporated church”, […]
§ 3415. Supplemental claim form to be submitted for certain fire loss claims in excess of ten thousand dollars in a city with a population of one million or more persons. (a) For the purposes of this section, the following terms shall have the following meanings: (1) “Supplemental claim form” means a form which shall […]
§ 3420. Liability insurance; standard provisions; right of injured person. (a) No policy or contract insuring against liability for injury to person, except as provided in subsection (g) of this section, or against liability for injury to, or destruction of, property shall be issued or delivered in this state, unless it contains in substance the […]
§ 3421. Homeowners’ liability insurance; dogs. 1. With respect to homeowners’ insurance policies as defined in section two thousand three hundred fifty-one of this chapter, no insurer shall refuse to issue or renew, cancel, or charge or impose an increased premium or rate for such policy or contract, or exclude, limit, restrict, or reduce coverage […]
§ 3422. Hate crimes; coverage refusal. (a) For purposes of this section, “insured” means a current policyholder or a person or entity that is covered under an insurance policy. (b) This section shall apply to policies of insurance if the insured or proposed insured is: (1) an individual; (2) a business entity that is independently […]
§ 3425. Certain property/casualty insurance policies; cancellation and renewal provisions; agents’ contracts and brokers’ accounts. (a) This section shall apply to covered policies of insurance as defined in paragraphs one, two and three hereof. (1) “Covered policy” means a contract of insurance, referred to in this section as “automobile insurance”, issued or issued for delivery […]
