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…
Spring has officially arrived. Daylight Saving Time has returned—possibly for good. And as the weather turns warmer, many people are taking part in the ritual of spring cleaning. This practice often involves archiving and/or disposing of old documents, particularly as…
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,…
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 profile, these safety tips can help managers of apartment, co-op…
When life throws you a curveball that damages your home or property, it’s natural to want to file a homeowners insurance claim so that you can recover the cost and return to a normal routine as soon as possible. After…