Tips for Landlords, Building and Home Owners
What Is Loss of Use Coverage and What Does It Cover?
Many homeowners’ insurance policies include Loss of Use coverage, also known as Additional Living Expenses (ALE) coverage. If damage from a covered event requires you to move out of your…
Understanding Basic Form, 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…
Can Your Homeowners Insurance Weather Storm Season?
Many homeowners who don’t live in areas prone to flooding assume that their homeowners’ insurance policy will protect them during storm season. For homeowners in the mid-Atlantic, especially the New…
Enjoy the Outdoors with These Summer Safety Tips
With kids out of school and sunshine (usually) in abundance, the summer months are the perfect time to enjoy the outdoors. As the song says, the living may be easy,…
New York’s Indoor Allergen Law: What Landlords Need to Know
New York City landlords must perform annual inspections of units for indoor allergen hazards under New York's indoor allergen law.New York’s Local Law 55 of 2018, also known as the Indoor…
Are These Hidden Hazards Lurking in Your Home?
Don't wait until it is too late - spot hidden home hazards now.Many homes, especially older ones, harbor potentially expensive problems that aren’t obvious—until they are. Electrical systems can fail…
How Open Violations Can Affect Your NYC Property Insurance
Open violations can cause problems for landlords when renewing the building’s insurance policy, even if they still have time to correct and certify the violation before the agency deadline. As…
Hiring Contractors? Follow These Risk Management Tips
While some property owners are handy and enjoy upgrading and maintaining their buildings, most people rely on professional contractors. Even minor repairs and improvements, however, can involve some level of…
A Homeowner’s Checklist for Home Improvement Projects
For many homeowners, warmer weather means home improvement projects around the house and yard. Whether large or small, follow these steps before starting a project or hiring a contractor to…
NYC Grants Reprieve on Mandatory Composting Fines
Weeks after the New York City Department of Sanitation (DSNY) started issuing fines for non-compliance with mandatory composting requirements, city officials paused most of the penalties. The composting mandate went…