Why You Need to Know Your Insurance Company Rating
Do you know the financial rating of your insurance company? We recently had representatives of a New York City co-op approach us because someone in the building wanted to finance…
How to Protect Your Home Against Water Damage
Rain, snow and ice can be lovely to watch when they’re outside your home. But when the water comes inside? Not so much. Water damage is one of the most…
What You Need to Know about Storms and Tree Damage
From summer thunderstorms to tropical storms and hurricanes, Mother Nature has a way of keeping us on our toes—indoors and hoping the power stays on. Trees often provide the most…
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…
How to Choose Directors and Officers Liability Insurance
In our litigious society, association boards and property managers need to protect themselves against legal action. Consider the following examples of actual disputes: One association board spent $1 million defending…
Do Insurance Needs Change When the Mortgage Is Paid Off?
Congratulations! You’ve paid off your mortgage. Your mortgage payment probably included extra funds for property taxes and insurance. Of course, you’ll still have to pay taxes. But now that you…
Quiz: Test Your Fire Safety Knowledge
The Fire Department City of New York (FDNY) responds to more than 2,000 structural fires (those that occur in buildings) each month. Hopefully, you’ll never be involved in such an…
Request a Free Tree from the NYC Parks Department
Did you know that New York City property owners can request to have a free tree planted on their street? Among its many duties, the New York City Department of…
Does Your Insurance Policy Match the Property Deed?
Does the name on your insurance policy match the name on your property deed? This might sound like a trick question. Unfortunately, it’s a situation that we’ve encountered a couple…