Man’s best friend doesn’t always act so friendly. The Centers for Disease Control and Prevention (CDC) estimates that about 4.5 million people are bitten by dogs each year in the U.S., and in 2019 the average cost per claim jumped…
What insurance does a landlord need? This article covers both basic landlord insurance and optional coverage you may want to consider. If you’re considering renting out your property and you’re not planning on living there, chances are, your homeowner’s insurance…
Owners of small buildings in New York City face a number of insurance challenges. But for owners of mixed-use buildings - those properties with commercial space on the ground floor and residential units above - commercial building insurance can get…
It’s not unusual that a landlord or residential building owner doesn’t know how much of his contents are covered on his insurance policy. Do you know if you're properly protected with both contents and structures insurance? Contents vs. Structure There is…
If you've received our postcards, you may have noticed that our policies include sewer backup coverage. That's because backed-up sewers can cause a great deal of damage to floors, walls, furniture and electrical systems. Most insurance companies offer sewer backup…
Falsely accusing restaurants and grocery stores of sickening their family for six-figure insurance payouts. Recruiting homeless people to stage accidents to collect big payouts. Insurance scammers are nothing if not inventive. But whether they burned down old houses they claimed…
A coinsurance clause typically appears in the "Conditions" section of an insurance policy. If you're short on time, here's the bottom line: you don't want it. Coinsurance can take many forms in the insurance world. The general concept is that…
Winter weather has finally arrived here in New York City. That means snow and ice are just around the corner. Building owners, tenants, lessees, occupants, or others in charge of a lot or building must clear snow and ice from…
Shopping for commercial property insurance can be tedious and confusing. Or it can be incredibly straightforward and simple—but carry big surprises at claim time. We hope you never experience a claim. If you do, however, we especially hope that you…
When comparing insurance policies for your apartment building, make sure you understand the differences between Basic Form coverage, Broad Form coverage, and Special Form coverage. The first two might save you money in the short term. However, no one wants surprises…