UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number:      811-21179          

          BlackRock New York Insured Municipal Income Trust          
(Exact name of registrant as specified in charter)

100 Bellevue Parkway, Wilmington, DE 
19809 
(Address of principal executive offices) 
(Zip code) 

Robert S. Kapito, President
BlackRock New York Insured Municipal Income Trust
40 East 52nd Street, New York, NY 10022
(Name and address of agent for service)

Registrant's telephone number, including area code:     888-825-2257                                        

Date of fiscal year end:      August 31, 2006
Date of reporting period:   November 30, 2005

Item 1. Schedule of Investments.

The Registrant’s unaudited schedule of investments as of the close of the reporting period pursuant to Rule 30b1-5 under the Investment Company Act of 1940 is as follows:

PORTFOLIO OF INVESTMENTS
NOVEMBER 30, 2005 (Unaudited)

BlackRock New York Insured Municipal Income Trust (BSE)

      Principal            
        Amount       Option Call    
    Rating1   (000)   Description   Provisions2   Value  
          LONG-TERM INVESTMENTS—155.4%        
            New York—134.8%        
            Dorm. Auth.,        
    AAA   $ 5,000       Brooklyn Law Sch. Proj., Ser. B, 5.125%, 7/01/30, XLCA   07/13 @ 100   $  5,227,850  
    AAA   7,000       Hosp. Lutheran Med. Proj., 5.00%, 8/01/31, MBIA   02/13 @ 100   7,181,510  
    AAA   2,500       Insured Fit Student Hsg. Corp. Proj., 5.125%, 7/01/34, FGIC   07/14 @ 100   2,628,175  
    AAA   3,160       Iona Coll. Proj., 5.00%, 7/01/27, XLCA   07/12 @ 100   3,274,392  
    Aa3   3,000       Joachim & Ann Residence Proj., 5.25%, 7/01/27   07/12 @ 100   3,082,020  
    AAA   10,000       Memorial Sloan Kettering Ctr. Proj., Ser. 1, Zero Coupon, 7/01/30, MBIA   No Opt. Call   3,058,300  
    AAA   5,000       New York & Presbyterian Hosp. Proj., 5.00%, 8/01/32, AMBAC   02/08 @ 101   5,082,150  
    AAA   7,000       New York Univ. Proj., Ser. 2, 5.00%, 7/01/41, AMBAC   07/11 @ 100   7,139,440  
    AAA   2,000       Sch. Dist. Fin. Proj., Ser. A, 5.00%, 4/01/31, MBIA   10/12 @ 100   2,055,700  
    AAA   3,500       Sch. Dist. Fin. Proj., Ser. D, 5.00%, 10/01/30, MBIA   10/12 @ 100   3,616,130  
    AAA   7,000 3     St. Barnabas Proj., Ser. A, 5.00%, 2/01/31, AMBAC   08/12 @ 100   7,170,660  
    AAA   2,000       Winthrop Univ. Hosp. Assoc. Proj., Ser. A, 5.25%, 7/01/31, AMBAC   07/11 @ 101   2,104,200  
    BBB-   1,000   Herkimer Cnty. Indl. Dev. Agcy., Civic Fac. Rev., Coll. Fndtn., Inc. Student Hsg. Proj.,        
                6.25%, 8/01/34   08/13 @ 100   1,034,270  
            Met. Transp. Auth.,        
    AAA   1,085       Ser. A, 5.00%, 11/15/25, FGIC   11/12 @ 100   1,127,510  
    AAA   8,470       Ser. A, 5.00%, 11/15/30, FSA   11/12 @ 100   8,730,114  
    AAA   5,000       Ser. A, 5.25%, 11/15/31, FGIC   11/12 @ 100   5,273,200  
    AAA   10,000   Met. Transp. Auth. Svc. Contract, Ser. A, 5.00%, 7/01/30, AMBAC   07/12 @ 100   10,292,900  
            Met. Transp. Auth.,        
    AAA   5,000 4          Ded. Tax Fund,, Ser. A, 5.00%, 11/15/11, FGIC   N/A   5,399,250  
    AAA   2,660       Refdg. Transp., Ser. E, 5.25%, 11/15/31, FGIC   11/12 @ 100   2,805,342  
    A   2,500   New York City Indl. Dev., Agcy. Lycee Francais De Proj., Ser. A, 5.375%, 6/01/23, ACA   12/12 @ 100   2,565,075  
    AAA   3,500   New York City Mun. Wtr. Fin. Auth., Wtr. & Swr. Sys. Rev., Ser. D, 5.00%, 6/15/39, AMBAC      06/15 @ 100   3,601,535  
    AAA   6,000   New York City Transl. Fin. Auth., Ser. B, 5.00%, 5/01/30, AMBAC   11/11 @ 101   6,183,300  
    AAA   5,000   New York City Trust Cultural Recs., American Museum of Natural History Proj., Ser. A,        
                5.00%, 7/01/44, MBIA   07/14 @ 100   5,125,950  
    BBB   3,320   New York Cntys. Tobacco Trust III, 6.00%, 6/01/43   06/13 @ 100   3,464,188  
    AAA   6,000   Sales Tax Asset Receivable Corp., Ser. A, 5.00%, 10/15/32, AMBAC   10/14 @ 100   6,239,160  
    AAA   10,000   Triborough Brdg. & Tunl. Auth., Ser. E, 5.00%, 11/15/32, MBIA   11/12 @ 100   10,319,200  
    BBB   6,000   TSASC, Inc., Tobacco Settlement Rev., Ser. 1, 5.75%, 7/15/32   07/12 @ 100   6,134,340  
                    129,915,861  
            Puerto Rico—20.6%        
    BBB   7,600   Children’s Trust Fund Tobacco Settlement Rev., 5.625%, 5/15/43   05/12 @ 100   7,715,292  
    A   5,000   Indl. Fin. Auth., Med. & Env. Ctrl. Facs., Polytecnic Univ. Proj., Ser. A, 5.00%, 8/01/32, ACA        08/12 @ 100   5,002,450  
    AAA   6,515   Puerto Rico Comwlth Hwy. & Transp. Auth., Ser. L, 5.25%, 7/01/41   No Opt. Call   7,179,400  
                    19,897,142  
            Total Long-Term Investments (cost $145,509,411)       149,813,003  
 

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BlackRock New York Insured Municipal Income Trust (BSE) (continued)

               
        Shares        
        (000)   Description   Value  
          MONEY MARKET FUNDS—0.7%    
       
650
      AIM Tax Free Investment Co. Cash Reserve Portofolio (cost $650,000)   $      650,000  
            Total Investments—156.1% (cost $146,159,4115)   $150,463,003  
            Other assets in excess of liabilities—2.0%   1,962,220  
            Preferred shares at redemption value, including dividends payable—(58.1)%   (56,023,481)  
            Net Assets Applicable to Common Shareholders—100%   $ 96,401,742  
 

1   Using the higher of Standard & Poor’s, Moody’s Investor Service or Fitch Ratings rating.  
2   Date (month/year) and price of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates.  
3   Security, or a portion thereof, pledged as collateral with a value of $717,066 on 122 short U.S. Treasury Note futures contracts expiring December 2005, 90 short U.S. Treasury Note futures contracts expiring March 2006 and 77 short U.S. Treasury Bond futures contracts expiring March 2006. The value of such contracts on November 30, 2005 was $31,659,813, with an unrealized gain of $407,142.  
4   This bond is prerefunded. U.S. government securities, held in escrow, are used to pay interest on this security, as well as retire the bond in full at the date indicated, typically at a premium to par.  
5   Cost for Federal tax purposes is $146,169,348. The net unrealized appreciation on a tax basis is $4,293,655, consisting of $4,588,101 gross unrealized appreciation and $294,446 gross unrealized depreciation.  
   
The value (market value plus accrued interest) of securities that are covered by insurance, which ensures the payment of principal and interest, represent approximately 80.9% of the Trust’s managed assets. The Trust had the following insurance concentrations:

ACA — 5.1%
AMBAC — 38.5%
FGIC — 9.6%
FSA — 5.7%
MBIA — 19.4%
XLCA — 2.2%
OTHER — 0.4%

KEY TO ABBREVIATIONS

ACA — American Capital Access   FSA — Financial Security Assurance
AMBAC — American Municipal Bond Assurance Corp.   MBIA — Municipal Bond Insurance Assoc.
FGIC — Financial Guaranty Insurance Co.   XLCA — XL Capital Assurance
 

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Item 2. Controls and Procedures.

(a) The Registrant's principal executive and principal financial officers have evaluated the Registrant's disclosure controls and procedures within 90 days of this filing and have concluded, as of that date, that the Registrant’s disclosure controls and procedures were reasonably designed to ensure that information required to be disclosed by the Registrant in this Form N-Q was recorded, processed, summarized, and reported within the required time periods and that information to be disclosed by the Registrant in this Form N-Q was accumulated and communicated to the Registrant’s management , including its principle executive and principle financial officers, as appropriate to allow timely decisions regarding required disclosure.

(b) 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.

Separate certifications of the Registrant’s principal executive and financial officers pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 are attached as EX-99.CERT.

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)     BlackRock New York Insured Municipal Income Trust     

By:     /s/ Henry Gabbay                                                                                                                   
Name: Henry Gabbay
Title: Treasurer and Principal Financial Officer
Date: January 25, 2006

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:     /s/ Robert S. Kapito                                                                                                              
Name: Robert S. Kapito
Title: President and Principal Executive Officer
Date: January 25, 2006

By:     /s/ Henry Gabbay                                                                                                                   
Name: Henry Gabbay
Title: Treasurer and Principal Financial Officer
Date: January 25, 2006