New York A06807 requires insurers to include coverage for wave damage in floodplains.

New York A06807 amends the insurance law to mandate that insurers offering coverage for properties in floodplains must include coverage for damages caused by wave action or windblown waves. This coverage must be made available to all insureds residing in single-family homes within floodplains. The insurance policies must cover the residence and any appurtenant structures, such as garages, boat docks, restraining walls, boat houses, and break walls. The act takes effect 90 days after becoming law.

New York A06807 requires insurers to include coverage for wave damage in floodplains.

New York A06807 amends the insurance law to mandate that insurers offering coverage for properties in floodplains must include coverage for damages caused by wave action or windblown waves. This coverage must be made available to all insureds residing in single-family homes within floodplains. The insurance policies must cover the residence and any appurtenant structures, such as garages, boat docks, restraining walls, boat houses, and break walls. The act takes effect 90 days after becoming law.