Relates to pet insurance

This bill establishes new regulations for pet insurance policies covering veterinary expenses in New York. It prohibits insurers from excluding coverage for pre-existing conditions, congenital disorders, hereditary conditions, or chronic conditions. The bill requires clear disclosure of policy terms, limits waiting periods for accident coverage to one day, mandates annual deductibles (not per-incident), and bans exclusions of legal remedies or binding arbitration. It applies to all pet insurance policies marketed to New York residents starting in 2026, affecting both insurers and pet owners.