New York Statutes
§ 3401 — Insurable interest in property
New York § 3401
This text of New York § 3401 (Insurable interest in property) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.Y. Insurance § 3401 (2026).
Text
§ 3401. Insurable interest in property. No contract or policy of\ninsurance on property made or issued in this state, or made or issued\nupon any property in this state, shall be enforceable except for the\nbenefit of some person having an insurable interest in the property\ninsured. In this article, "insurable interest" shall include any lawful\nand substantial economic interest in the safety or preservation of\nproperty from loss, destruction or pecuniary damage.\n
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Nearby Sections
15
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Bluebook (online)
New York § 3401, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/ISC/3401.