3410 – Fire Insurance Contract; Payment of Liens on Proceeds; Certain Cases.
§ 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 […]
3402 – Executory Contract Not a Change in Interest, Title or Possession.
§ 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.
§ 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.
§ 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.
§ 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.
§ 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.
§ 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.
§ 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.
§ 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.
§ 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 […]