When shopping for investment properties in the New York City area, prospective building owners often encounter mixed-use property. These buildings combine commercial and residential space, and they’re found throughout the five boroughs and the surrounding area. Mixed-use properties can range…
Homeowners shopping for New York City building insurance often have special needs. This is particularly true for owners who need brownstone insurance or coverage for other pre-war buildings. The saying "They don't make 'em like they used to" definitely applies…
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…
As global warming continues to produce catastrophic storms, more homeowners are discovering—often too late—the need for flood insurance. Historically, flood insurance premiums were dictated by Flood Insurance Rate Maps (FIRMs), published by the Federal Emergency Management Agency (FEMA). In reality,…
When buying commercial property insurance, smart shoppers look for two things: the right coverage and the best rates. But comparing commercial insurance policies isn’t always easy. Plus, building owners don’t always know which coverages to look for or which conditions…
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.…
When the remnants of Hurricane Ida struck the Northeast, many property owners discovered that their homeowners’ insurance excluded damage caused by floodwaters. Both coastal flooding—overflow of inland or tidal waters—and flash flooding—rapid accumulation or runoff of surface waters—require special flood…
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…
Your breaker panel is supposed to keep your home safe by guarding against serious electrical problems, such as: Circuit overloads Short circuits Outside power surges But sometimes your breaker panel itself is the danger. According to experts, more than 2,800…