Senate BillIntroduced
S 6356: Prohibits increases in rates of homeowners' insurance in excess of twenty-five percent per year except where agreed to in the policy.
What S 6356 does, verified January 8, 2026
The bill aims to prohibit significant rate increases in homeowners' insurance policies. The policy holder must agree to the rate increase before the policy is issued, renewed, modified, altered, or amended. The rate increase is capped at 125% of the previous year's rate. The bill applies to policies issued, renewed, modified, altered, or amended on or after its effective date. The new policy will take effect on the 90th day after the bill becomes a law.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: REFERRED TO INSURANCE (2026-01-07)Alert me
Quick answers about S 6356
- What is the current status of S 6356?
- As of January 8, 2026, S 6356 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on January 7, 2026, was "REFERRED TO INSURANCE".
- Did S 6356 pass?
- Not yet. S 6356 has been introduced and has not passed either house.
- Who wrote S 6356, and where is it now?
- S 6356 was authored by Sen. John Liu. Its committee of record is Senate Insurance.
Author and sponsors
Full contact details, staff, and committees with Connect, $16/moUnlockRecent actions2 total · showing 2
| Jan. 07, 2026 | REFERRED TO INSURANCE |
| Mar. 11, 2025 | REFERRED TO INSURANCE |
Latest bill textIntroduced version, March 11, 2025 · 336 words
STATE OF NEW YORK ________________________________________________________________________ 6356 2025-2026 Regular Sessions IN SENATE March 11, 2025 ___________ Introduced by Sen. LIU -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance AN ACT to amend the insurance law, in relation to prohibiting increases in rates of homeowners' insurance in excess of twenty-five percent per year The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The insurance law is amended by adding a new section 2351-a 2 to read as follows: 3 § 2351-a. Homeowners' insurance policies; rate increases. (a) For the 4 purposes of this section, "homeowners' insurance" means a contract of 5 insurance insuring against the contingencies described in subparagraphs 6 (A), (B) and (C), or (B) and (C) of paragraph two of subsection (a) of 7 section three thousand four hundred twenty-five of this chapter and 8 which is a "covered policy" of personal lines insurance as defined in 9 such paragraph; provided, however, that the coverages provided under 10 such subparagraphs (B) and (C) shall not apply where the natural person 11 does not have an insurable interest in the real property, or a portion 12 thereof, or the residential unit in which such person resides. 13 (b) No insurer shall increase the rate of homeowners' insurance such 14 that the rate is more than one hundred twenty-five percent of the rate 15 of the same policy from one year prior unless agreed to by the policy- 16 holder prior to the policy being issued, renewed, modified, altered or 17 amended. 18 § 2. This act shall take effect on the ninetieth day after it shall 19 have become a law and shall apply to all policies issued, renewed, modi- 20 fied, altered or amended on or after such effective date. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD07611-01-5
Text of S 6356 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions