Tips for Landlords, Building and Home Owners
New York’s ‘Indoor Allergen’ Law: What Landlords Need to Know
New York’s Local Law 55 of 2018 created additional obligations for owners of multiple dwellings (3+ units) when it comes to pests, molds and other allergens. Owners must perform annual…
Sewer Backup Coverage: A Building Owner’s Friend
If you've received our postcards, you may have noticed that our policies include sewer backup coverage. That's because backed-up sewers can cause a great deal of damage to floors, walls,…
Coinsurance: What It Is & Why You Don’t Want It
A coinsurance clause typically appears in the "Conditions" section of an insurance policy. If you're short on time, here's the bottom line: you don't want it. Coinsurance can take many…
A Landlord’s Guide to NYC Sidewalk Violations
New York City requires property owners to maintain the sidewalks adjacent to their properties. This requirement generally comes down to snow removal and sidewalk repair. Sidewalk violations The Department of…
How to Prevent Online Identity Theft
Is someone online pretending to be you when shopping or banking? Have your online identity and passwords been posted on the dark web for sale? Unfortunately, the answer is, “quite…
How to Prevent Frozen Pipes This Winter
Brrr . . . It’s getting cold outside! Freezing temperatures can lead to frozen pipes and water damage in your home or building. Fortunately, you can take several steps to…
Best Practices for Insuring Apartment Buildings, Condos and Co-ops
Insuring apartment buildings and condominium and co-op buildings can be complicated. Understanding where the responsibilities lie between owners and tenants—as well as what insurance you can and should require from…
How to Insure Your Home When Selling
Your house is for sale, and real estate agents and prospective buyers are trooping through it. Maybe you’ve already moved, and your home is vacant. Are you insured if one…
Keep Those Fire Escapes in Working Condition
New York City building owners with outside fire escapes have two choices regarding these external means of egress: keep them maintained or remove them. Fire escapes are a classic feature…
Understanding Basic, Broad Form Coverage and Special Form Coverage
When comparing insurance policies for your apartment building, make sure you understand the differences between Basic Form coverage, Broad Form coverage, and Special Form coverage. The first two might save you…