N.Y. Ins. Law § 2505

§ 2505. Designation of particular insurer, agent or broker for\nconstruction contracts generally. (a) In any building or construction\ncontract bid, negotiated or executed except as described in section two\nthousand five hundred four of this article, no contractor or\nsubcontractor shall be required to pay premiums or related charges for\npolicies of insurance or surety bonds specified in connection with such\ncontract on policies or surety bonds acquired by an owner or other\ncontractor. No contractor or subcontractor shall be required to make\napplication to any particular insurance company, agent or broker for, or\nto obtain or procure therefrom, any policy of insurance or surety bond\nspecified in connection with such contract, or specified by any law,\ngeneral, special or local.\n (b) This section shall not, however, prevent an owner or other\ncontractor from providing all insurance policies or surety bonds\nrequired by such contract without reimbursement from the contractor or\nsubcontractor. Nor shall it preclude such owner or contractor from\nrequiring that the contractor or subcontractor provide a credit in his\nbid which reflects the amount the bidding contractor or subcontractor\nwould otherwise add if he provided his own insurance as required in the\nbid specifications. This section shall not deny an owner or contractor\nthe right to approve the form, sufficiency, or manner of execution, of\nany insurance policies or surety bonds furnished by the insurance\ncompany selected by the bidder.\n