When shopping for landlord insurance, can you find bargains at certain times of the year, like buying cars and televisions? Or does it make sense to wait 60 to 90 days before your current landlord insurance policy comes up for…
While it’s important to have the right landlord insurance, no one really wants to file a claim. Many of the perils covered by landlord insurance and riders, such as fires and storms, lay beyond a landlord’s control. However, certain preventive steps…
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…
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…