If you’ve ever filled out a form or called for a quote on a homeowner’s policy, you’ve probably noticed that the insurance company had questions. Lots of questions. Insurance agents and brokers aren’t being nosy. They know what an insurance…
Several times a week, people ask us about the difference between an insurance agent and an insurance broker. Here's the short answer: An insurance agent represents a specific insurance carrier and has the power to bind a policy on behalf…
Once you've found the right commercial property coverage for your residential building, the final item you should consider is an umbrella policy, sometimes known as an excess liability policy. This type of insurance policy provides additional protection in the event…
When a natural disaster strikes, that fire, earthquake, hurricane or tornado isn’t just affecting people in the area. It’s affecting you and your insurance premiums. Two key takeaways: The increasing frequency and severity of natural disasters is driving rate increases…
As a building owner, even if you don’t own a company car, you may need special auto coverage on your commercial property insurance. Two forms of auto coverage are available: non-owned auto and hired auto. The first covers vehicles owned…
As a property owner or manager, you’re responsible in many ways for the safety and security of your tenants, as well as passersby. For instance, if someone slips and falls on a wet floor, icy sidewalk or uneven steps, you…
If your building is a rental property, then a standard homeowner or building insurance policy may not offer adequate protection. That’s where landlord insurance comes in. Rental properties face different risks than primary residences and are treated differently by insurance…
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., with children representing more than half of dog bite…
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…
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 in other cities. When shopping for insurance, it’s important to…