New York S10267 mandates insurers to disclose all available endorsements for homeowners' liability insurance policies with plain language.

New York S10267 amends the insurance law by requiring insurers to disclose all available endorsements for homeowners' liability insurance policies, including plain language descriptions of the coverage added by each endorsement, as part of the application process. This ensures that policyholders are fully informed about the coverage options available to them. The act will take effect on the first of January following its enactment and applies to all contracts entered into, renewed, modified, or amended on or after the effective date.

New York S10267 mandates insurers to disclose all available endorsements for homeowners' liability insurance policies with plain language.

New York S10267 amends the insurance law by requiring insurers to disclose all available endorsements for homeowners' liability insurance policies, including plain language descriptions of the coverage added by each endorsement, as part of the application process. This ensures that policyholders are fully informed about the coverage options available to them. The act will take effect on the first of January following its enactment and applies to all contracts entered into, renewed, modified, or amended on or after the effective date.