New York Senate Bill S07709

New York 2025-2026 Regular Session

• Introduced: 5/1/25
• Refer: 5/1/25

Caption

Relates to alternative forms of identification for renters insurance, including a municipal identification card, or other state or local government-issued identification card, or a notarized copy of the rental lease signed by the property owner, the property management firm and the insured.

Impact

The impact of S07709 on state laws is significant in terms of accessibility to renters insurance. By enabling alternative forms of identification, the bill seeks to foster inclusivity for diverse populations, including undocumented residents or those who prefer not to use their social security number for privacy reasons. This is especially noteworthy in urban areas where municipal identification programs have been implemented to assist residents without traditional identification. The changes could lead to an increase in renters insurance uptake which can provide individuals with necessary coverage and peace of mind.

Summary

Bill S07709 aims to amend New York's insurance law by introducing alternative forms of identification for renters insurance policies. The bill specifies that insurers must accept a municipal identification card or any other state or local government-issued identification in place of a social security number. It also allows insurers to request a notarized copy of the rental lease signed by the property owner, the property management firm, and the insured individual as proof of identity. This change if enacted, is designed to make renters insurance more accessible for individuals who may lack a social security number, thereby broadening the pool of eligible renters insurance applicants.

Contention

Notable points of contention surrounding Bill S07709 may include concerns about the potential for fraud or abuse with the acceptance of alternative identification methods. Opponents could argue that allowing forms of ID other than social security numbers may complicate the underwriting process for insurers, leading to increased risks. Conversely, supporters may emphasize the importance of removing barriers that prevent individuals from acquiring essential insurance coverage, reinforcing the argument that everyone deserves access to protection against potential loss or damage of their rented property.