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.
Use These Landlord Resources to Protect Your Insurance
Owning and managing a building in New York City can be complicated. Regulations change frequently. Obscure compliance issues can cause premium increases and dropped coverage. Managing risk can feel like…
The Difference Between Contents and Structures Insurance Coverage
If you’ve ever purchased—or simply researched—property insurance, you’ve likely encountered the terms “contents” and “structures” coverage. In a nutshell, “structures” refers to the insured building and other structures, and “contents”…
How to Clear NYC HPD Violations and Protect Your Building’s Insurability
Why HPD Violations Put Your Building Insurance at Risk A violation issued by NYC Housing Preservation & Development (HPD) is more than an annoyance or potential legal issue. It can…
Save on NYC Brownstone Insurance with the New York Brick & Brownstone Program
New York City’s brownstones are pieces of history that are an integral part of what makes New York City unique and historic. Because of their historic nature, brownstones have special…
How NYC Landlords Prepare for a Building Insurance Evaluation and Come Out Ahead
What Is a Building Insurance Evaluation? A building insurance evaluation—sometimes called an insurance inspection—is a formal on-site assessment conducted by or on behalf of your insurance carrier to determine the…
Property Registration for New York City Landlords—Get Started Now
New York City’s Department of Housing Preservation & Development (HPD) requires annual property registration by owners of residential buildings that meet the following requirements: Multiple dwelling (3 or more residential…
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…
Why Your Insurance Carrier’s Financial Rating Matters More Than You Think
When comparing landlord insurance quotes, the lowest premium can look like the smart choice. But a cheaper policy from a financially weak carrier isn't a discount; it's a deferral. You're…
NYC Landlord Pest Control: Rules & Requirements
NYC landlords are legally responsible for keeping their buildings free of pests. That means sealing entry points, maintaining sanitation, meeting trash containerization standards, and complying with pesticide, bed bug notification,…
How Open Violations Can Create Risks for NYC Property Owners
Open violations can cause problems for landlords when renewing the building’s insurance policy, even if they still have time to correct and certify the violation before the agency deadline. As…