New York Landlord Insurance: Protecting Your Investment Protecting your real estate investment in the Greater New York City area begins with the right landlord insurance. A comprehensive policy can help cover property damage due to storms or other disasters, repairs…
Many property owners who have multiple buildings in their portfolios ask whether we recommend separate insurance policies. We present options for a master policy and provide them with the information they need to choose the right protection for their needs…
Whether you need to insure a two-family brownstone in Park Slope, a warehouse in the Bronx, or an apartment building on the Upper East Side, insurance companies look at many of the same factors when insuring a rental property to…
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 rates. So how can you lower building insurance costs? And…
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 the New York City area require renter’s insurance to protect…
Sadly, many landlords only hear from their insurance partner at renewal time—usually in the form of a bill. We hope this isn’t the case for you because this scenario points to some red flags. First, lack of contact suggests that…
Most people don’t think about their property insurance until something happens. But when was the last time you made sure your coverage was up to date? It’s far more painful to review your policies after a tragedy strikes. Here are…
There’s not much excitement for most landlords, property managers and building owners when it comes to routine housekeeping and maintenance. But there’s an excellent reason why you should care about housekeeping and maintenance: your insurance company does. And so do…
What insurance does a landlord need? This article covers both basic landlord insurance and optional coverage you may want to consider. If you’re considering renting out your property and you’re not planning on living there, chances are, your homeowner’s insurance…
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 tenants—can be equally complex. And if you sit on the…