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 tried to cut corners with fake security cameras, or by…
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 money. Designed specifically for smaller properties in New York City,…
When you get new insurance for your building or renew an existing policy, a representative from the insurance company will come to your building to evaluate it before setting your insurance rates. So how can you lower building insurance costs?…
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 insurance policies make certain assumptions about coverage. For instance, a…
Change is hard. Whether you’re considering a new insurance agent or a new hairstylist, it’s usually easier to stick with the one you have. But the one you have might be costing you—time, money or even both. After more than…
Too many building owners put their landlord insurance on autopilot. Once they’ve bought a policy, they renew it year after year. However, this passive approach can quickly leave you underinsured. You might also pay unnecessarily higher premiums. We recognize that…
Do you have the right amount of insurance coverage for your needs? From time to time, we speak with building owners whose properties are drastically underinsured. They pay lower premiums but receive an unpleasant surprise if they have a claim.…
Many landlords and building owners shop for cheap commercial property insurance. Reducing insurance costs is a good thing. In fact, we constantly look for ways to save our clients money. But cutting corners to lower insurance premiums could lead to…
Owners of apartment buildings and brownstones can lower their insurance premiums by creating a building profile for the insurance company. Simply, this document presents the building in the most favorable way, ultimately demonstrating that the property poses a relatively low…
While New York City maintains its water and sewage system, homeowners are responsible for the lines that run from the exterior of their property to the service lines in the street. Standard homeowners’ insurance policies exclude such repairs, which can…