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…
The advent of winter and the holiday season also brings the highest rate of home fires, a leading cause of building insurance claims. Not surprisingly, more than one-third of home fires occur between December and February. Whether you’re a homeowner…
Shopping for commercial property insurance can be tedious and confusing. Or it can be incredibly straightforward and simple—but carry big surprises at claim time. We hope you never experience a claim. If you do, however, we especially hope that you…
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…
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…
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…
When buying insurance for a condo or co-op building, the managing entity needs to balance adequate protection with fiscal responsibility. Having the right master policy affects the financial options of both the building association and of the individual owners. This…
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…