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…
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,…
In an older city like New York, Ordinance or Law coverage makes a lot of sense for building owners. Also known as building ordinance coverage, it protects property owners against higher repair costs resulting from building code or ordinance enforcement…
Spring has officially arrived. Daylight Saving Time has returned. 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 Americans gather…
You’ve just bought a rental property or you’re about to rent your home. Maybe you’ve inherited a home and want to rent it rather than sell it. Or you’ve bought a multi-family home and plan to live in one unit…
Shopping for building owner/landlord 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…
While it might sound strange for a property owner to need renter’s insurance, this is often the case for owner-occupied buildings. A number of the building owners we insure in the New York City area require renter’s insurance to protect…
How much homeowners insurance should you get? If you say, “I paid this much for my house, so that’s how much insurance I need,” you should know that how the market values your home differs dramatically from how an insurance…
Sadly, many landlords only hear from their insurance partner at renewal time—usually in the form of a bill. We hope this isn’t the case for you because this scenario points to some red flags. First, lack of contact suggests that…