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…
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…
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…
When shopping for investment opportunities in the New York City area, prospective building owners often encounter mixed-use properties. These buildings combine commercial and residential space, and they’re found throughout the five boroughs and the surrounding area. Mixed-use properties can range…
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…
Various New York laws require landlords to post specific signs and notices for tenants. These include the Housing Maintenance Code (part of the NYC Administrative Code), the Multiple Dwelling Law, and the Rules of the City of New York. As…
When you get new insurance for your building or renew an existing policy, a representative from the insurance company will visit your property to evaluate it before setting your insurance rates. So how can you lower building insurance costs? And…
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…
New York City requires building owners and landlords to notify tenants of procedures to follow if they suspect a gas leak. The notification requirement applies to all tenant-occupied dwellings, including one- and two-family homes. The notice advises tenants to take…
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…