Enacts the New York travel insurance act

Summary

The act lets certain businesses—rental vehicle companies, peer‑to‑peer car‑sharing operators, wireless equipment sellers, self‑service storage providers, and travel insurance agents—obtain a limited license to act as agents for insurers and offer specific coverages such as excess liability, accident‑health, personal effects, equipment loss, and travel insurance. It exempts these travel‑insurance policies from existing insurance‑law restrictions and sets licensing, application, and oversight rules. The measure aims to expand consumer access to travel‑related insurance at the point of sale.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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