If you’ve ever purchased—or simply researched—property insurance, you’ve likely encountered the terms “contents” and “structures” coverage. In a nutshell, “structures” refers to the insured building and other structures, and “contents” refers to what’s inside. But this is insurance—no answer is…
Have you received a notice about force-placed insurance on your property? If so, you’re probably paying too much money for insufficient protection. This article explains what force-placed insurance is, why these policies are put in place, and how to protect…
Does the name on your insurance policy match the name on your property deed? While this may sound like a trick question, it’s a situation that we encounter from time to time. Property deeds change for several reasons. This article…
Various sources, including the National Oceanic and Atmospheric Administration (NOAA), predict an especially active 2024 Atlantic hurricane season, which started on June 1 and continues through November 30. The NOAA is forecasting between 17 to 25 named storms (wind speeds…
Two side-by-side buildings, seemingly identical, can have widely varying insurance premiums for many reasons. One major factor, which owners control, is how the building looks to an insurer. Taking care of your property, especially when it comes to timely maintenance,…
You may not have considered homeowner’s insurance policy gaps. You own a home. You buy homeowners insurance. Simple, right? Not always. There are a number of situations a standard homeowner’s policy doesn’t cover. Understand the gaps in a standard policy…
Do you have the right amount of insurance coverage for your needs? From time to time, we speak with building owners in the New York City area whose properties are drastically underinsured. They pay lower premiums but receive an unpleasant…
Homeowners shopping for New York City building insurance often have special needs. This is particularly true for owners who own historic buildings or need brownstone insurance or coverage for other pre-war buildings. The saying “They don’t make ’em like they…
Even though homeowners insurance provides critical financial protection, no one enjoys paying insurance premiums. It’s no surprise that many people think about filing a claim with their homeowners insurance when life throws the inevitable curveball. Not all claims are created…
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. More than half of dog bite victims are children,…