Tips for Landlords, Building and Home Owners
Insurance Agent or Broker: What’s the Difference?
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…
Do you need an umbrella policy for a rainy day?
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…
Why Good Tenants Renew Their Leases
Every landlord wants to find good tenants who pay their rent on time, treat the property with respect, and follow the rules established in the lease. Considering the many expenses…
5 Improvements That Add Value to Rental Properties
When evaluating improvements for rental property, the smartest choices are both strategic and marketable. Landlords often face the same challenges as homeowners, such as budget limitations and cash flow concerns…
Natural Disasters Endanger Homes, Families … and Insurance Rates
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…
Should You Convert Your Gas Stoves to Electric?
By now, you’ve no doubt heard about the Climate Mobilization Act. Dubbed New York City’s Green New Deal, the legislation seeks to reduce greenhouse gas emissions by more than 80%…
Does Your Building Need Non-Owned or Hired Auto Coverage?
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:…
How to Enjoy a Backyard Fire Pit Safely
The months that homeowners most enjoy spending time outdoors are almost here. With their impending arrival, the New York City Council recently passed legislation that relaxes restrictions on open flames…
Your Property, Your Problem: Security and Liability for Landlords
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…
How to Beautify a Property (While Staying Within Budget)
As a landlord or rental property manager, deciding on updates to attract new renters can be difficult—especially now, with higher costs for both labor and materials. Property improvements like plumbing…