Most businesses can’t buy insurance against loss of income. If no one shops in a store or eats in a restaurant on a given day, the insurer won’t replace the lost income. But landlords and building owners have a safety…
It’s not unusual that a landlord or residential building owner doesn’t know how much of his contents are covered on his insurance policy. Do you know if you're properly protected with both contents and structures insurance? Contents vs. Structure There is…
Chances are, you didn’t look at one house, one apartment, one condo or one co-op before you chose the place you call home. Smart owners treat homeowners insurance the same way. You know that every property has trade-offs. This one…
Looking for last-minute building insurance for a property closing? Every week real estate attorneys and mortgage brokers in the New York City area contact our office the day before a scheduled settlement. And every week we come through with a…
For owners of mixed-use buildings here in the New York City market, finding the right commercial tenant is getting even harder. As reported earlier this year in "What's Happening with New York City Building Insurance," a number of insurance companies…
Do you own a mixed-use building in New York City? If so, you're probably aware of the many challenges involved with making sure your commercial tenants have the correct insurance. Even if you're not, don't worry. We have a handy…
As discussed in previous articles, landlord insurance is a different animal than homeowner insurance. New York City building owners have different needs, as well as different options, than their counterparts in other cities. When shopping for insurance, it's important to…
Do you need to shop for building insurance? Commercial property insurance is complex. As a result, you'll want to look for a broker who specializes in real estate insurance. Your broker should support you year-round as an active advocate, helping…
Change is hard. Whether you're considering a new insurance agent or a new hairstylist, it's usually easier to stick with the one you have. But the one you have might be costing you - time, money or even both. After…
No two buildings are exactly the same. And no two building owners are the same, for that matter. That's why one-size-fits-all policies usually don't fit anyone very well. Standard building insurance policies make certain assumptions about coverage. For instance, a…