Tips for Landlords, Building and Home Owners
Ordinance or Law Insurance Coverage: Protecting NYC Property Owners Against Building Code Changes
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…
A Guide to Insuring Mixed-Use Buildings
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…
Can I Protect My Rental Property with Homeowners Insurance?
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…
What’s Your Sign? NYC Landlord Requirements for Signs & Notices
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,…
10 Ways to Lower Building Insurance Costs
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…
Owner-Occupied Buildings: Why Building Owners Might Need Renter’s Insurance
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…
12 Tips to Avoid Kitchen Fires (and What to Do if One Occurs)
It isn’t just sharp knives and overindulgence in cooking wine that makes kitchens dangerous places. According to the National Fire Protection Association (NFPA), cooking fires are the leading cause of…
Home Replacement Cost vs. Market Value: What’s the Difference?
Homeowners often wonder why their home's replacement cost differs from its market value and how those two numbers should affect homeowners insurance decisions. Your home’s replacement cost reflects what it…
Keep Your Basement Dry with These Tips
Nothing strikes terror into a homeowner’s heart like coming home to water flooding the basement. Unfortunately, climate change has made basement floods increasingly common. It’s not only a pain to…
Does Your Family Have a Home Safety Checklist?
Not unlike home inventories, many people don’t think about creating and maintaining a home safety checklist. Fortunately, most of us feel safe in our homes, and we don’t spend much…