Form N-Q

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q


QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number         811-09473         

        Nuveen Insured New York Dividend Advantage Municipal Fund         
(Exact name of registrant as specified in charter)

Nuveen Investments
        333 West Wacker Drive, Chicago, Illinois 60606         
(Address of principal executive offices) (Zip code)


Kevin J. McCarthy—Vice President and Secretary
        333 West Wacker Drive, Chicago, Illinois 60606         
(Name and address of agent for service)

Registrant's telephone number, including area code:         312-917-7700        

Date of fiscal year end:            9/30          

Date of reporting period:         6/30/07         

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

Item 1. Schedule of Investments

    Portfolio of Investments (Unaudited)             
    Nuveen Insured New York Dividend Advantage Municipal Fund (NKO)             
    June 30, 2007             
Principal        Optional Call         
Amount (000)    Description (1)    Provisions (2)    Ratings (3)    Value 
    Consumer Staples – 3.7% (2.4% of Total Investments)             
$          2,390    New York Counties Tobacco Trust II, Tobacco Settlement Pass-Through Bonds, Series 2001,    6/11 at 101.00    BBB   $   2,455,725 
     5.250%, 6/01/25             
1,000    New York Counties Tobacco Trust III, Tobacco Settlement Pass-Through Bonds, Series 2003,    6/13 at 100.00    BBB    1,057,920 
     5.750%, 6/01/33             
840    Puerto Rico, The Children’s Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds,    5/12 at 100.00    BBB    872,382 
     Series 2002, 5.375%, 5/15/33             
4,230    Total Consumer Staples            4,386,027 
    Education and Civic Organizations – 21.4% (13.8% of Total Investments)             
4,000    Dormitory Authority of the State of New York, Insured Revenue Bonds, Mount Sinai School of    No Opt. Call    AAA    4,292,840 
     Medicine, Series 1994A, 5.150%, 7/01/24 – MBIA Insured             
1,280    Dormitory Authority of the State of New York, Insured Revenue Bonds, New York Medical College,    7/08 at 101.00    AAA    1,306,701 
     Series 1998, 5.000%, 7/01/21 – MBIA Insured             
1,000    Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory    No Opt. Call    AAA    1,061,490 
     Facilities, Series 2003B, 5.250%, 7/01/32 (Mandatory put 7/01/13) – XLCA Insured             
240    Dormitory Authority of the State of New York, Revenue Bonds, Barnard College, Series 2007A,    7/17 at 100.00    AAA    249,288 
     5.000%, 7/01/37 (WI/DD, Settling 7/11/07) – FGIC Insured             
500    Dormitory Authority of the State of New York, Revenue Bonds, City University of New York,    No Opt. Call    AAA    557,045 
     Series 2005A, 5.500%, 7/01/18 – FGIC Insured             
3,250    Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series    No Opt. Call    AAA    3,762,850 
     1998A, 6.000%, 7/01/18 – MBIA Insured             
1,000    New York City Industrial Development Agency, New York, PILOT Revenue Bonds, Queens Baseball    1/17 at 100.00    AAA    1,037,150 
     Stadium Project, Series 2006, 5.000%, 1/01/36 – AMBAC Insured             
4,150    New York City Industrial Development Authority, New York, PILOT Revenue Bonds, Queens Baseball    1/17 at 100.00    AAA    4,300,936 
     Stadium Project, Series 2006, 5.000%, 1/01/39 – AMBAC Insured (UB)             
    New York City Industrial Development Authority, New York, PILOT Revenue Bonds, Yankee Stadium             
    Project, Series 2006:             
395     5.000%, 3/01/31 – FGIC Insured    9/16 at 100.00    AAA    410,737 
450     5.000%, 3/01/36 – MBIA Insured    9/16 at 100.00    AAA    466,214 
2,760     5.000%, 3/01/36 – MBIA Insured (UB)    9/16 at 100.00    AAA    2,859,443 
75    New York City Industrial Development Authority, New York, Revenue Bonds, Queens Stadium    1/17 at 100.00    AAA    83,183 
     Project, Series 2006, Residuals 1510, 7.127%, 1/01/39 – AMBAC Insured (IF)             
4,000    New York City Trust for Cultural Resources, New York, Revenue Bonds, Museum of Modern Art,    7/12 at 100.00    AAA    4,147,200 
     Series 2001D, 5.125%, 7/01/31 – AMBAC Insured             
330    New York Industrial Development Agency, Revenue Bonds, Yankee Stadium, Series 2006, Residuals    9/16 at 100.00    AAA    358,928 
     1875, 6.951%, 3/01/46 – FGIC Insured (IF)             
330    New York State Dormitory Authority, Revenue Bonds, New York University, Series 2007, 5.000%,    7/17 at 100.00    Aaa    343,850 
     7/01/32 (WI/DD, Settling 7/12/07) – AMBAC Insured             
23,760    Total Education and Civic Organizations            25,237,855 
    Health Care – 22.6% (14.5% of Total Investments)             
2,000    Dormitory Authority of the State of New York, FHA-Insured Mortgage Hospital Revenue Bonds, New    2/08 at 101.00    AAA    2,006,920 
     York and Presbyterian Hospital, Series 1998, 4.750%, 8/01/27 – AMBAC Insured             
1,400    Dormitory Authority of the State of New York, FHA-Insured Mortgage Hospital Revenue Bonds, St.    8/12 at 100.00    AAA    1,454,572 
     Barnabas Hospital, Series 2002A, 5.125%, 2/01/22 – AMBAC Insured             
9,800    Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, New York    8/09 at 101.00    AAA    10,214,536 
     Hospital Medical Center of Queens, Series 1999, 5.600%, 2/15/39 – AMBAC Insured             
1,500    Dormitory Authority of the State of New York, FHA-Insured Revenue Bonds, Montefiore Medical    2/15 at 100.00    AAA    1,557,960 
     Center, Series 2005, 5.000%, 2/01/22 – FGIC Insured             
2,050    Dormitory Authority of the State of New York, Hospital Revenue Bonds, Catholic Health Services    7/09 at 101.00    AAA    2,130,442 
     of Long Island Obligated Group – St. Francis Hospital, Series 1999A, 5.500%, 7/01/22 –             
     MBIA Insured             
170    Dormitory Authority of the State of New York, Revenue Bonds, Catholic Health Services of Long    7/09 at 101.00    AAA    176,538 
     Island Obligated Group – St. Charles Hospital and Rehabilitation Center, Series 1999A, 5.500%,             
     7/01/22 – MBIA Insured             
1,725    Dormitory Authority of the State of New York, Revenue Bonds, Memorial Sloan-Kettering Cancer    7/13 at 100.00    AAA    1,796,191 
     Center, Series 2003-1, 5.000%, 7/01/21 – MBIA Insured             
915    Dormitory Authority of the State of New York, Revenue Bonds, New York and Presbyterian    8/14 at 100.00    AAA    978,428 
     Hospital, Series 2004A, 5.250%, 8/15/15 – FSA Insured             
600    Dormitory Authority of the State of New York, Revenue Bonds, South Nassau Communities    7/13 at 100.00    Baa1    621,528 
     Hospital, Series 2003B, 5.500%, 7/01/23             
690    New York City Health and Hospitals Corporation, New York, Health System Revenue Bonds,    2/12 at 100.00    AAA    730,579 
     Series 2002A, 5.500%, 2/15/17 – FSA Insured             
    New York City Health and Hospitals Corporation, New York, Health System Revenue Bonds,             
    Series 2003A:             
1,500     5.250%, 2/15/21 – AMBAC Insured    2/13 at 100.00    AAA    1,574,310 
1,000     5.250%, 2/15/22 – AMBAC Insured    2/13 at 100.00    AAA    1,049,540 
395    New York State Dormitory Authority, Revenue Bonds, North Shore Jewish Obligated Group,    No Opt. Call    AAA    440,046 
     Series 2007A, 5.250%, 7/01/34 – FGIC Insured             
    Suffolk County Industrial Development Agency, New York, Revenue Bonds, Huntington Hospital,             
    Series 2002C:             
725     6.000%, 11/01/22    11/12 at 100.00    Baa1    765,665 
1,045     5.875%, 11/01/32    11/12 at 100.00    Baa1    1,099,037 
25,515    Total Health Care            26,596,292 
    Housing/Multifamily – 3.7% (2.4% of Total Investments)             
    New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds,             
    Series 2002A:             
2,725     5.375%, 11/01/23 (Alternative Minimum Tax)    5/12 at 100.00    AA    2,768,600 
1,375     5.500%, 11/01/34 (Alternative Minimum Tax)    5/12 at 100.00    AA    1,405,016 
180    New York City, New York, Multifamily Housing Revenue Bonds, Seaview Towers, Series 2006A,    1/17 at 100.00    AAA    171,878 
     4.750%, 7/15/39 – AMBAC Insured (Alternative Minimum Tax)             
4,280    Total Housing/Multifamily            4,345,494 
    Industrials – 1.1% (0.7% of Total Investments)             
1,225    Syracuse Industrial Development Authority, New York, PILOT Mortgage Revenue Bonds, Carousel    1/17 at 100.00    AAA    1,250,088 
     Center Project, Series 2007A, 5.000%, 1/01/36 – XLCA Insured (Alternative Minimum Tax)             
    Long-Term Care – 2.7% (1.7% of Total Investments)             
525    Dormitory Authority of the State of New York, GNMA Collateralized Revenue Bonds, Cabrini of    2/17 at 103.00    AA    553,292 
     Westchester Project, Series 2006, 5.200%, 2/15/41             
    Dormitory Authority of the State of New York, GNMA Collateralized Revenue Bonds, Willow Towers             
    Inc., Series 2002:             
1,000     5.250%, 2/01/22    8/12 at 101.00    AAA    1,052,190 
1,500     5.400%, 2/01/34    8/12 at 101.00    AAA    1,578,780 
3,025    Total Long-Term Care            3,184,262 
    Tax Obligation/General – 14.7% (9.5% of Total Investments)             
    Buffalo, New York, General Obligation Bonds, Series 2002B:             
1,490     5.375%, 11/15/18 – MBIA Insured    11/12 at 100.00    AAA    1,583,363 
2,375     5.375%, 11/15/20 – MBIA Insured    11/12 at 100.00    AAA    2,523,818 
1,240    Canandaigua City School District, Ontario County, New York, General Obligation Refunding    4/12 at 101.00    Aaa    1,318,269 
     Bonds, Series 2002A, 5.375%, 4/01/17 – FSA Insured             
60    Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Driver Trust 1649, 2006,    2/17 at 100.00    AAA    50,550 
     5.692%, 2/15/47 – MBIA Insured (IF)             
2,005    Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Series 2006A, 4.500%,    2/17 at 100.00    AAA    1,899,738 
     2/15/47 – MBIA Insured (UB)             
3,000    New York City, New York, General Obligation Bonds, Fiscal Series 2001H, 5.250%, 3/15/16 –    3/11 at 101.00    AAA    3,158,100 
     FGIC Insured             
3,250    New York City, New York, General Obligation Bonds, Fiscal Series 2002C, 5.125%, 3/15/25 –    3/12 at 100.00    AAA    3,379,903 
     FSA Insured             
    New York City, New York, General Obligation Bonds, Fiscal Series 2004E:             
1,700     5.000%, 11/01/19 – FSA Insured    11/14 at 100.00    AAA    1,780,665 
1,100     5.000%, 11/01/20 – FSA Insured    11/14 at 100.00    AAA    1,151,480 
525    New York City, New York, General Obligation Bonds, Fiscal Series 2006C, 5.000%, 8/01/16 –    8/15 at 100.00    AAA    556,232 
     FSA Insured             
16,745    Total Tax Obligation/General            17,402,118 
    Tax Obligation/Limited – 38.8% (25.0% of Total Investments)             
250    Dormitory Authority of the State of New York, 853 Schools Program Insured Revenue Bonds,    7/08 at 101.00    AAA    255,950 
     Vanderheyden Hall Inc., Issue 2, Series 1998F, 5.250%, 7/01/18 – AMBAC Insured             
220    Dormitory Authority of the State of New York, Improvement Revenue Bonds, Mental Health    8/09 at 101.00    AAA    227,203 
     Services Facilities, Series 1999D, 5.250%, 2/15/29 – FSA Insured             
300    Dormitory Authority of the State of New York, Revenue Bonds, Mental Health Services Facilities    2/15 at 100.00    AAA    309,675 
     Improvements, Series 2005B, 5.000%, 2/15/30 – AMBAC Insured             
3,000    Dormitory Authority of the State of New York, Revenue Bonds, School Districts Financing    10/12 at 100.00    AAA    3,161,430 
     Program, Series 2002D, 5.250%, 10/01/23 – MBIA Insured             
160    Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, Series    3/15 at 100.00    AAA    167,650 
     2005F, 5.000%, 3/15/21 – FSA Insured             
400    Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo    5/12 at 100.00    AAA    430,040 
     City School District, Series 2003, 5.750%, 5/01/20 – FSA Insured             
2,290    Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Series 2002A,    11/12 at 100.00    AAA    2,396,714 
     5.250%, 11/15/25 – FSA Insured             
1,615    Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Series 2006,    11/16 at 100.00    AAA    1,675,514 
     5.000%, 11/15/31 – MBIA Insured             
4,000    Metropolitan Transportation Authority, New York, State Service Contract Refunding Bonds,    7/12 at 100.00    AAA    4,114,000 
     Series 2002A, 5.000%, 7/01/25 – FGIC Insured             
1,000    Nassau County Interim Finance Authority, New York, Sales Tax Secured Revenue Bonds, Series    11/13 at 100.00    AAA    1,043,450 
     2003A, 5.000%, 11/15/18 – AMBAC Insured             
1,060    New York City Industrial Development Agency, New York, PILOT Revenue Bonds, Queens Baseball    1/17 at 100.00    AAA    1,091,938 
     Stadium Project, Series 2006, 5.000%, 1/01/46 (WI/DD, Settling 7/02/07) – AMBAC Insured             
    New York City Sales Tax Asset Receivable Corporation, New York, Dedicated Revenue Bonds, Local             
    Government Assistance Corporation, Series 2004A:             
3,400     5.000%, 10/15/25 – MBIA Insured    10/14 at 100.00    AAA    3,535,592 
1,040     5.000%, 10/15/26 – MBIA Insured    10/14 at 100.00    AAA    1,080,154 
1,000    New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal    1/17 at 100.00    AAA    1,041,980 
     Series 2007S-2, 5.000%, 1/15/28 – FGIC Insured             
5,000    New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal    11/11 at 101.00    AAA    5,294,650 
     Series 2002B, 5.250%, 5/01/16 – MBIA Insured             
890    New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal    8/12 at 100.00    AAA    938,007 
     Series 2003C, 5.250%, 8/01/21 – AMBAC Insured             
500    New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal    2/14 at 100.00    AAA    522,210 
     Series 2004C, 5.000%, 2/01/19 – XLCA Insured             
    New York Convention Center Development Corporation, Hotel Unit Fee Revenue Bonds, Series 2005:             
500     5.000%, 11/15/30 – AMBAC Insured    11/15 at 100.00    AAA    517,440 
1,000     5.000%, 11/15/44 – AMBAC Insured    11/15 at 100.00    AAA    1,025,820 
    New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Second Generation,             
    Series 2005B:             
2,625     5.500%, 4/01/20 – AMBAC Insured    No Opt. Call    AAA    2,938,478 
500     5.000%, 4/01/21 – AMBAC Insured    10/15 at 100.00    AAA    524,005 
    New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and             
    State Contingency Contract-Backed Bonds, Series 2003A-1:             
1,900     5.250%, 6/01/20 – AMBAC Insured    6/13 at 100.00    AAA    2,005,108 
1,000     5.250%, 6/01/22 – AMBAC Insured    6/13 at 100.00    AAA    1,050,500 
750    New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and    6/13 at 100.00    AA–    800,828 
     State Contingency Contract-Backed Bonds, Series 2003B-1C, 5.500%, 6/01/21             
8,600    New York State Urban Development Corporation, Revenue Refunding Bonds, State Facilities,    No Opt. Call    AAA    9,634,408 
     Series 1995, 5.700%, 4/01/20 – FSA Insured             
43,000    Total Tax Obligation/Limited            45,782,744 
    Transportation – 12.4% (8.0% of Total Investments)             
    Metropolitan Transportation Authority, New York, Transportation Revenue Refunding Bonds,             
    Series 2002A:             
2,000     5.125%, 11/15/22 – FGIC Insured    11/12 at 100.00    AAA    2,092,060 
4,000     5.000%, 11/15/25 – FGIC Insured    11/12 at 100.00    AAA    4,115,360 
    New York State Thruway Authority, General Revenue Bonds, Series 2005F:             
865     5.000%, 1/01/20 – AMBAC Insured    1/15 at 100.00    AAA    908,016 
140     5.000%, 1/01/30 – AMBAC Insured    1/15 at 100.00    AAA    144,732 
350    New York State Thruway Authority, General Revenue Bonds, Series 2005G, 5.000%, 1/01/30 –    7/15 at 100.00    AAA    362,964 
     FSA Insured             
85    Niagara Frontier Airport Authority, New York, Airport Revenue Bonds, Buffalo Niagara    4/09 at 101.00    AAA    87,850 
     International Airport, Series 1999A, 5.625%, 4/01/29 – MBIA Insured (Alternative Minimum Tax)             
    Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Fortieth             
    Series 2005:             
500     5.000%, 12/01/19 – FSA Insured    6/15 at 101.00    AAA    528,565 
1,000     5.000%, 12/01/28 – XLCA Insured    6/15 at 101.00    AAA    1,042,380 
345     5.000%, 12/01/31 – XLCA Insured    6/15 at 101.00    AAA    358,531 
4,000    Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred    8/08 at 101.00    AAA    4,082,520 
     Twenty-Fourth Series 2001, 5.000%, 8/01/11 – FGIC Insured (Alternative Minimum Tax)             
780    Triborough Bridge and Tunnel Authority, New York, Subordinate Lien General Purpose Revenue    No Opt. Call    AAA    876,541 
     Refunding Bonds, Series 2002E, 5.500%, 11/15/20 – MBIA Insured             
14,065    Total Transportation            14,599,519 
    U.S. Guaranteed – 18.3% (11.8% of Total Investments) (4)             
160    Dormitory Authority of the State of New York, Judicial Facilities Lease Revenue Bonds, Suffolk    No Opt. Call    AAA    185,034 
     County Issue, Series 1986, 7.375%, 7/01/16 (ETM)             
4,750    Dormitory Authority of the State of New York, Revenue Bonds, State University Educational    5/12 at 101.00    AAA    5,015,953 
     Facilities, Series 2002A, 5.000%, 5/15/27 (Pre-refunded 5/15/12) – FGIC Insured             
2,715    Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2001A,    9/11 at 100.00    AAA    2,857,700 
     5.250%, 9/01/28 (Pre-refunded 9/01/11) – FSA Insured             
110    New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal    8/12 at 100.00    Aaa    116,712 
     Series 2003C, 5.250%, 8/01/21 (Pre-refunded 8/01/12) – AMBAC Insured             
850    New York State Housing Finance Agency, Construction Fund Bonds, State University, Series    No Opt. Call    AAA    920,040 
     1986A, 8.000%, 5/01/11 (ETM)             
3,000    New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds, State    3/12 at 100.00    AAA    3,154,620 
     Facilities and Equipment, Series 2002A, 5.125%, 3/15/27 (Pre-refunded 3/15/12)             
5,000    Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2000HH, 5.250%, 7/01/29    7/10 at 101.00    AAA    5,240,750 
     (Pre-refunded 7/01/10) – FSA Insured             
2,575    Puerto Rico Infrastructure Financing Authority, Special Obligation Bonds, Series 2000A,    10/10 at 101.00    AAA    2,711,449 
     5.500%, 10/01/40             
1,375    TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2002-1, 5.500%, 7/15/24    7/12 at 100.00    AAA    1,453,870 
     (Pre-refunded 7/15/12)             
20,535    Total U.S. Guaranteed            21,656,128 
    Utilities – 12.5% (8.1% of Total Investments)             
5,000    Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2001A,    9/11 at 100.00    AAA    5,134,000 
     5.000%, 9/01/27 – FSA Insured             
    Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006A:             
1,700     5.000%, 12/01/23 – FGIC Insured    6/16 at 100.00    AAA    1,775,174 
1,300     5.000%, 12/01/25 – FGIC Insured    6/16 at 100.00    AAA    1,351,649 
250    Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006B,    6/16 at 100.00    AAA    258,073 
     5.000%, 12/01/35 – CIFG Insured             
5,000    New York State Energy Research and Development Authority, Pollution Control Revenue Refunding    11/08 at 102.00    AAA    5,157,250 
     Bonds, Niagara Mohawk Power Corporation, Series 1998A, 5.150%, 11/01/25 – AMBAC Insured             
1,090    Westchester County Industrial Development Agency, Westchester County, New York, Resource    7/07 at 101.00    BBB    1,101,292 
     Recovery Revenue Bonds, RESCO Company, Series 1996, 5.500%, 7/01/09 (Alternative Minimum Tax)             
14,340    Total Utilities            14,777,438 
    Water and Sewer – 3.3% (2.1% of Total Investments)             
1,500    Niagara Falls Public Water Authority, New York, Water and Sewerage Revenue Bonds, Series 2005,    7/15 at 100.00    AAA    1,545,525 
     5.000%, 7/15/28 – XLCA Insured             
2,295    Suffolk County Water Authority, New York, Waterworks Revenue Bonds, Series 2005C, 5.000%,    6/15 at 100.00    AAA    2,379,204 
     6/01/28 – MBIA Insured             
3,795    Total Water and Sewer            3,924,729 
$      174,515    Total Investments (cost $177,970,439) – 155.2%            183,142,694 
    Floating Rate Obligations – (5.0)%            (5,935,000) 
    Other Assets Less Liabilities – 1.5%            1,810,882 
    Preferred Shares, at Liquidation Value – (51.7)%            (61,000,000) 
    Net Assets Applicable to Common Shares – 100%           $   118,018,576 

    At least 80% of the Fund’s net assets (including net assets attributable to Preferred shares) are invested 
    in municipal securities that are either covered by Original Issue Insurance, Secondary Market Insurance or 
    Portfolio Insurance which ensures the timely payment of principal and interest. Up to 20% of the Fund’s 
    net assets (including net assets attributable to Preferred shares) may be invested in municipal securities 
    that are (i) either backed by an escrow or trust containing sufficient U.S. Government or U.S. Government 
    agency securities (also ensuring the timely payment of principal and interest), or (ii) rated, at the time of 
    investment, within the four highest grades (Baa or BBB or better by Moody’s, S&P or Fitch) or unrated 
    but judged to be of comparable quality by the Adviser. 
(1)    All percentages shown in the Portfolio of Investments are based on net assets applicable to Common 
    shares unless otherwise noted. 
(2)    Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. 
    There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities 
    may be subject to periodic principal paydowns. 
(3)    Ratings: Using the higher of Standard & Poor’s or Moody’s rating. Ratings below BBB by Standard & Poor’s 
    Group or Baa by Moody’s Investor Service, Inc. are considered to be below investment grade. 
(4)    Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency 
    securities which ensure the timely payment of principal and interest. 
WI/DD    Purchased on a when-issued or delayed delivery basis. 
(ETM)    Escrowed to maturity. 
(IF)    Inverse floating rate investment. 
(UB)    Underlying bond of an inverse floating rate trust reflected as a financing transaction pursuant to the 
    provisions of SFAS No. 140. 

Income Tax Information

The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to the treatment of paydown gains and losses, timing differences in recognizing taxable market discount, timing differences in recognizing certain gains and losses on investment transactions and the treatment of investments in inverse floating rate transactions subject to SFAS No. 140.

At June 30, 2007, the cost of investments was $171,962,467.

Gross unrealized appreciation and gross unrealized depreciation of investments at June 30, 2007, were as follows:

Gross unrealized:     
  Appreciation    $5,865,084 
  Depreciation    (624,953) 
Net unrealized appreciation (depreciation) of investments    $5,240,131 

Item 2. Controls and Procedures.

  1. The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).
  2. There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

Item 3. Exhibits.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: EX-99 CERT Attached hereto.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant)         Nuveen Insured New York Dividend Advantage Municipal Fund        

By (Signature and Title)*          /s/ Kevin J. McCarthy                    
                                                    Kevin J. McCarthy
                                                    Vice President and Secretary

Date         August 29, 2007        

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title)*         /s/ Gifford R. Zimmerman                    
                                                   Gifford R. Zimmerman
                                                   Chief Administrative Officer (principal executive officer) 

Date         August 29, 2007        

By (Signature and Title)*         /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                   Vice President and Controller (principal financial officer) 

Date        August 29, 2007        

* Print the name and title of each signing officer under his or her signature.