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.
Will Security Cameras Lower My Insurance Premiums?
Clients frequently ask us whether security cameras in their buildings will reduce their insurance premiums. Unfortunately, the answer is “no.” The sad fact is that too many business owners have…
Popular New York Property Insurance Coverage for City Building Owners
As discussed in previous articles, landlord insurance is a different animal than homeowner insurance. New York City building owners have different needs, as well as different options, than their counterparts…
7 Ways to Improve Building Safety and Security
As a building owner, you want to keep your building and your tenants safe. But in a world of increasing crime rates, it can be difficult. Many things can happen,…
FAQs on New York City Basement Apartments
Illegal basement apartments are among the most common infractions here in New York. Based on our site traffic, many building owners and tenants have questions about the legality of basement…
Save on Insurance Coverage with the New York Brick & Brownstone Program
Do you own a residential building in Manhattan, Brooklyn or Queens with 20 or fewer units? The New York Brick & Brownstone Program could improve your coverage and save you…
Best Practices and Safety Tips for Apartment Managers
The best way to save money on insurance is to lower your risk profile and avoid claims. In addition to the practices covered in our article on building a property…
Lower the Cost of Landlord Insurance with a Customized Policy
No two buildings are exactly the same. And no two building owners are the same, for that matter. That's why one-size-fits-all policies usually don't fit anyone very well. Standard building…
Best Practices in Property Management
Being a property owner and manager is similar to running almost any other business. You need to ensure profitability, protect against liability, understand the laws and regulations that govern your…
17 Tips to Protect Tenants and Property During Winter Weather
Falling temperatures herald the holiday season, but winter weather also brings a new set of risks, including slips and falls, burst pipes, and space heater fires. Use this handy winter…
Protect Your Home or Business from Rain Damage
Your home or commercial building is insured against rain and rain damage, right? If the roof leaks or the rain causes water damage for some other reason, most owners assume…