NYC Landlord & Building Owner Insurance Insights
These articles are intended to help NYC landlords and building owners make informed insurance and risk management decisions. You will find practical guidance on liability exposures, compliance issues, common claims, and coverage considerations that can affect insurability, premiums, and long-term stability.
Stay Safe During National Electrical Safety Month
May is National Electrical Safety Month, making this a good time to review electrical safety, which is key to home fire prevention. Electricity can be dangerous, whether the hazard is…
Spring Maintenance Checklist for Landlords and Building Owners
After a particularly brutal winter, spring has finally arrived in the Northeast. Now is the time for building owners and landlords to inspect their properties for issues that may have…
Why Some NYC Small Buildings Qualify for Better Insurance Programs
Every owner of a small rental property in New York City, especially if they’ve been an owner for a while, knows that insurance is more difficult than ever. Premiums are…
How Small NYC Building Owners Can Battle Rising Insurance Rates
Owners of small buildings in New York City are facing an almost impossible insurance market with: Rising rates Fewer carrier options Premium spikes Upfront payment demands Insurance costs for multifamily…
SPONY: A Valuable Resource for Small Building Owners in NY
Many owners of small buildings, especially newer landlords, may not be aware of an organization just for them. For more than 40 years, Small Property Owners of New York (SPONY)…
Why Property Ownership Changes Can Affect Your Building Insurance Coverage
Does the name on your insurance policy match the name on your property deed? Does it match exactly? This might sound like a trick question. Unfortunately, it’s a situation that…
Slip-and-Fall Risk Management for NYC Landlords and Building Owners
A slip, trip or fall can mean nothing more than a bruise and a little embarrassment, or it can result in serious injury, litigation, and costly insurance claims. Every year,…
How NYC Landlords Manage Risk to Maintain Insurable Buildings
Landlord insurance in New York City is tricky. This guide outlines critical risk management factors that influence insurance eligibility, pricing, and coverage for New York City landlords. Each section addresses…
New Year Checklist for New York City Landlords
In New York City, the New Year triggers certain responsibilities for landlords—most notably, the annual notice requirement, which applies to multiple dwellings (residential buildings with at least 3 units). Even…
Get the Best Landlord Insurance in New York: Protect Your Property & Income
New York Landlord Insurance: Protecting Your Investment Protecting your real estate investment in the Greater New York City area begins with the right landlord insurance. A comprehensive policy can help…