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Wraparound Supplement

Wraparound Repair or Replacement Cost

Use this form to request that New York Property Insurance Underwriting Association endorse the loss settlement clause on its policy to repair or replacement cost, rather than actual cash value.


NYPIUA will write a repair or replacement cost policy for coastal property, if a voluntary market company has:

  • Issued a policy or binder with an approved wrap-around endorsement for a one to four family dwelling, apartment, or condominium unit at the same location of property, or
  • If a voluntary market policy or binder with an approved wrap-around endorsement for such property is written with windstorm coverage in excess of limits on the NYPIUA policy.

The wrap-around endorsement must have been approved by the State of New York Insurance Department.


For the purpose of this endorsement, coastal areas include: areas within one mile of a salt water ocean, sound, inlet or bay on Long Island's south shore or along the shore of Brooklyn, Queens, Staten Island and Long Island's forks; areas within two thousand five hundred feet of a salt water ocean, sound, inlet or bay on Long Island's north shore, the Bronx or Westchester.

When calculating the amount of coverage required on the NYPIUA policy, be certain to reflect the repair or replacement cost of the property to be insured. Remember that 80% co-insurance applies.


For new business, after completing an application for NYPIUA coverage (UA-1) and after the voluntary market policy has been bound, Click "Fill Out Application" below to endorse an existing NYPIUA policy for which a voluntary market approved wrap-around policy has subsequently been issued.


Note:If the voluntary market policy with the wrap-around endorsement terminates for any reason, the NYPIUA policy will automatically revert to actual cash value.

If you have any questions, please contact NYPIUA at 212-208-9700 or fairplan@nypiua.com


To submit an application, please fill out a Repair or Replacement Cost Application Supplement and submit by: