Landlord / Building Owner Articles
Social Inflation: What It Is & How the Right Insurance Partner Can Lower Your Risks
When assessing the risks of insuring a property, landlord insurance providers use inflation indicators like the Consumer Price Index (CPI) to estimate payout amounts for potential claims. But one type…
Does Your Lease Agreement Include These 11 Key Pieces of Information?
Whether you're a landlord or a tenant in New York State, a well-drafted lease agreement is essential to protect the rights and obligations of all parties involved. A lease agreement…
Spring Maintenance Checklist for Landlords
As warmer weather returns to the Northeast, bringing daffodils and spring fever, building owners and landlords should take some time to inspect their properties for maintenance issues that might have…
When Is the Best Time to Shop for Landlord Insurance?
When shopping for landlord insurance, can you find bargains at certain times of the year, like buying cars and televisions? Or does it make sense to wait 60 to 90…
FDNY Fire Safety Requirements for Landlords
To help protect New Yorkers, the New York City Fire Department (FDNY) requires landlords to post and distribute certain fire safety and emergency preparedness documents. The requirements apply to multiple…
Common Landlord Insurance Claims (and How to Prevent Them)
While it’s important to have the right landlord insurance, no one really wants to file a claim. Many of the perils covered by landlord insurance and riders, such as fires and…
A New York City Landlord’s Guide to Lead Paint Requirements
Landlords in New York City have specific responsibilities for protecting tenants from lead paint hazards. Local Law 1 of 2004, also known as the Childhood Lead Poisoning Prevention Act, outlines…
New Year Checklist for New York City Landlords
For landlords in New York City, the New Year triggers certain responsibilities—most notably, the annual notice requirement. Even for property owners outside the five boroughs, these simple tasks can provide…
Cyber Insurance: Do Landlords Need It?
Cyber attacks are on the rise. According to the Hiscox Cyber Readiness Report 2022, the number of U.S. businesses that experienced a cyber attack increased from 40% in 2021 to…
FDNY Annual Bulletin Addresses Risks of Lithium-Ion Batteries
By Thanksgiving, more than 140 structural fires related to e-bikes and other lithium-ion batteries took place in New York City. Six people died and 140 were injured in these blazes,…