If you’re looking to purchase insurance in New York, you may have come across the term “NY insurance codes” and wondered what they are. In this guide, we will explain everything you need to know about NY insurance codes, including what they are, how they work, and why they’re important. We’ll also provide a comprehensive list of NY insurance codes, as well as answer some commonly asked questions.
What are NY Insurance Codes?
NY insurance codes are a series of codes used to identify different types of insurance products and policies in New York. Each insurance product or policy is assigned a unique code, which is used for regulatory and reporting purposes. These codes are used by insurance companies when filing rates and forms with the New York State Department of Financial Services (NYDFS), as well as by the NYDFS for regulatory purposes.
In addition to NY insurance codes, there are also NAIC (National Association of Insurance Commissioners) codes, which are used on a national level to identify insurance products and policies. However, NY insurance codes are specific to New York State and are required for all insurance products and policies sold in the state.
How do NY Insurance Codes work?
NY insurance codes are used to identify different types of insurance products and policies in New York State. When an insurance company files rates and forms with the NYDFS, they must use the appropriate NY insurance code for the product or policy being filed. The NYDFS then uses this information for regulatory purposes, such as monitoring rates and ensuring that insurance companies are complying with state regulations.
In addition to regulatory purposes, NY insurance codes are also used by insurance companies for internal purposes, such as tracking sales and commissions. These codes can also be used by consumers to compare different insurance products and policies and to ensure that they’re getting the coverage they need at a fair price.
List of NY Insurance Codes
Here is a comprehensive list of NY insurance codes, along with a brief description of the type of insurance product or policy that each code represents:
Code |
Insurance Product or Policy |
AC |
Automobile physical damage insurance |
AL |
Accident and Health Insurance |
AP |
Automobile personal injury protection insurance |
AR |
Arson and fraud insurance |
AV |
Aviation insurance |
BB |
Blanket bond insurance |
BF |
Boiler and machinery/farm equipment insurance |
BK |
Bankers blanket bond insurance |
BM |
Burglary and theft insurance |
BP |
Bond and surety insurance |
BR |
Business interruption insurance |
CA |
Casualty liability insurance |
CC |
Cyber liability insurance |
CL |
Commercial liability insurance |
CM |
Crime insurance |
CP |
Commercial property insurance |
CR |
Crop insurance |
CS |
Credit insurance |
CV |
Condominium insurance |
CY |
Cybersecurity insurance |
DD |
Directors and officers liability insurance |
DE |
Dental insurance |
DR |
Disability income insurance |
EL |
Employer’s liability insurance |
EM |
Errors and omissions liability insurance |
EP |
Excess property insurance |
EU |
Excess uninsured motorist insurance |
EX |
Extended warranty insurance |
FB |
Fidelity bond insurance |
FC |
Financial guaranty insurance |
FF |
Farm fire insurance |
FG |
Foreign insurance |
FL |
Flood insurance |
FN |
Financial responsibility insurance |
FR |
Fire insurance |
FS |
Fire and sprinkler system installation insurance |
FT |
Flood and excess flood insurance |
FW |
Watercraft fire insurance |
FY |
Flood and windstorm insurance |
GA |
Group accident insurance |
GC |
Group credit insurance |
GD |
Group dental insurance |
GL |
General liability insurance |
GM |
Group medical expense insurance |
GN |
Guarantee insurance |
GR |
Group disability income insurance |
GS |
Group life insurance |
GU |
Group uninsured motorist insurance |
GV |
Group vision care insurance |
HA |
Homeowners insurance |
HC |
Health care insurance |
HE |
Health insurance |
HI |
Hail insurance |
HL |
Hospitalization insurance |
HO |
Homeowner’s insurance |
HP |
Health maintenance organization insurance |
HS |
Home service insurance |
HT |
Hired truck liability insurance |
HV |
Health and accident insurance |
IC |
Inland marine insurance |
IM |
Medical indemnity insurance |
IN |
Insurance for insuring insurance companies |
IP |
Indemnity bond insurance |
IR |
Individual life and disability income insurance |
IS |
Individual life insurance |
IV |
Individual health insurance |
LA |
Liability insurance for aircraft |
LC |
Liability insurance for construction projects |
LD |
Liability insurance for dogs |
LE |
Liability insurance for employers |
LF |
Liability insurance for fertilizer dealers |
LG |
Liability insurance for general contractors |
LH |
Liability insurance for hospitals |
LI |
Liability insurance |
LK |
Liability insurance for kennels |
LL |
Liability insurance for livestock dealers |
LM |
Liability insurance for manufacturers |
LO |
Liability insurance for oil dealers |
LP |
Liability insurance for pollution |
LR |
Liability insurance for railroads |
LS |
Liability insurance for shipyards |
LT |
Liability insurance for trucks |
LU |
Liability insurance for underground storage tanks |
LV |
Life insurance |
LW |
Liability insurance for well drillers |
MA |
Malpractice insurance |
MB |
Mobile home insurance |
ME |
Merger or consolidation of insurers insurance |
MG |
Mortgage guaranty insurance |
ML |
Mail insurance (under $100) |
MM |
Mail insurance (over $100) |
MP |
Mobile telephone insurance |
MS |
Medical and surgical benefits insurance |
MT |
Motor truck cargo insurance |
MU |
Multiple peril crop insurance |
MV |
Motorcycle liability insurance |
MX |
Motorcycle physical damage insurance |
NA |
Nuclear energy liability insurance |
NI |
Non-admitted insurance |
OA |
Other accident insurance |
OB |
Other bond insurance |
OC |
Other casualty insurance |
OD |
Other disability income insurance |
OE |
Other employer’s liability insurance |
OF |
Other farm insurance |
OG |
Other general liability insurance |
OH |
Other hospitalization insurance |
OI |
Other insurance |
OJ |
Other professional liability insurance |
OK |
Other liability insurance, no auto |
OL |
Other life insurance |
OM |
Other medical expense insurance |
ON |
Other property insurance |
OP |
Other professional insurance |
OQ |
Other liability insurance, no property damage |
OR |
Other professional liability insurance, no medical malpractice coverage |
OS |
Other surety insurance |
OT |
Other title insurance |
OU |
Other uninsured motorist insurance |
OV |
Other vehicle insurance |
OW |