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…
A large tree branch damages the roof. A leak on the top floor floods three units. A fire makes a unit uninhabitable. You compile a list of the damage, get repair estimates, and submit everything to your insurer. Will you…
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,…
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…
The following article is a guest post by Janet Nina Esagoff, Esq. Property owners and managers, take heed. New York State enacted the “Good Cause” Eviction Law (“GCL”) on April 20, 2024, effective immediately. Now, landlords have more restrictions in…
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…
May is National Electrical Safety Month, making this a good time to review electrical safety. Electricity can be dangerous, whether the hazard is a crane contacting an overhead line or a toddler sticking a fork into an electrical socket. The…
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,…
An emergency can strike at any time, whether it’s a natural disaster, a gas line explosion, or something else. The time to review your disaster response plan is before an unforeseen event happens. Keep in mind that New York City…