The spread of the coronavirus has fully or partially closed many businesses. For those that are open, some are operating with fewer staff. Most have staff working remotely. The result is that service can be delayed or even unavailable. Not…
For many landlords, especially first timers, the cost to insure their building may seem mysterious. Why are the costs so different from their homeowner’s policy? Why is the rate so different from the seemingly identical building next door? And, most…
Protecting your New York real estate investment begins with New York landlord insurance. Like your homeowners insurance, New York landlord insurance can protect you against damage to your property due to storms or other disasters. It can cover repairs in…
Whether you need homeowner’s insurance in Park Slope, renter’s insurance in the Bronx, or landlord insurance on the Upper East Side, insurance companies look at many of the same factors when insuring a rental property to calculate your premium. The…
Landlord insurance protects building owners from financial loss due to property damage or liability claims. At City Building Owners Insurance, we help owners of apartment buildings, brownstones, and condominium and co-op building obtain the right insurance coverage at the best…
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…
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…
Owners of apartment buildings and brownstones can lower their insurance premiums by creating a building profile for the insurance company. Simply, this document presents the building in the most favorable way, ultimately demonstrating that the property poses a relatively low…
If your building is a rental property, then a standard homeowner or building insurance policy may not offer adequate protection. That's where landlord insurance comes in. Rental properties face different risks than primary residences and are treated differently by insurance…